Former President Donald Trump had bragged about his success in opening the region to oil production after decades of political fighting over the resources locked under the tundra there.

  • frezik@midwest.social
    link
    fedilink
    arrow-up
    5
    ·
    edit-2
    1 year ago

    Policies aren’t causing high gas prices. That’s the whole point, here. The industry isn’t interested in developing new wells for reasons other than government policies.

    The countries now buying Russian oil are the likes of China and India. US production isn’t going to be fueling either of them.

    • luckyhunter@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      3
      ·
      1 year ago

      a lot of countries are buying Russian oil not just those 2. many of them backed off on the boycotts already and signed some agreement to buy russian oil, but only at “below market rates” to make themselves feel better.