That is a pretty big what if. Being technically true is being true. coulda shoulda woulda is a t**** mantra. come back when you have something that actually shares information.
You forgot to post the price of oil as a contributing factor, and you did not even factor demand.
America and the world dealt with a pandemic, which reduced demand for oil all around the world, nobody went anywhere, cars, planes, boats, everything was curtailed, which dropped the price of oil.
As demand and the price of oil dropped, oil companies shut down, employees got laid off, and oil was not produced, or even found.
Now the American and world economy is opening up, and thanks to President Biden's polices of getting America vaccinated, the economy came back faster than anyone imagined. Oil companies also had trouble hiring employees, just like everyone else, and their shareholders, this is a Capitalistic society, were in no hurry to produce as much as oil as everyone wanted, thereby forcing prices higher.
Now you add the uncertainty of a war, and the removal of almost 8 % of the daily world supply, that also forces oil prices higher.
As for your ridiculous post about that Keystone pipeline, pipelines do not produce oil, they just carry it from one place to another.
Maybe you would like the American economy to slow down to fit your narrative, maybe you do not want to include a war as a contributing factor. Lastly, the oil companies are free to produce more if they wanted do, no one is stopping them, but they are business to make money. Remember Capitalism, keep your eye on the ball, there stocks prices were so low that many went out of business, now that prices have gone up, they are making money again. Oil companies are in business too make money, remember Capitalism.
Actual production, and not a misinformation piece reported by the New York Post, a right-wing source not known for being very accurate on anything.
You also forget to demonstrate all of the companies that were started, and actually found the oil fields in all of those places, and the actual production that can be garnered from each well. Some oil wells produce more than others.
Not every oil well produces the same oil as everyone else's, the post you used from the New York Post was very misleading. Sometimes oil wells have to shut down for maintenance, while other are curtailed, the New York Post was very general in each use of numbers, without taking into consideration all of the other contributing factors, like demand and price.
Sort of a low information post. The Keystone pipeline was designed to carry tar sand oil, which is the lowest quality. In addition, it was strictly for export from the Gulf. So, yes, Biden is hampering Canadian profits on oil we don't particularly want.
Trump's deal cut Mexican oil production, of the kind we like, which we could have used and that provided extra profits for his friends Vlad and MBS.
Maybe we should blame Trump who saw the covid virus pandemic and did not respond to it, and did his best to remind everyone that it would just vanish.
Trump's mishandling of a pandemic, that not only effected America, but the entire world. An American President who did not respond to a historic pandemic, one that comes along every century. The biggest issue to face his presidency, and Trump FUCKED it up, not for a few days, or even a few weeks, but for months.
America remembered a President that would play gold at his resort, and bill the American taxpayer while the virus kept going week after week, month after month.
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