Collectibles Markets vs Economy - Why does it have to be this way?

[bobbyw8469]

Originally Posted by cgjackson222

You seem to be under the impression that the US' production of gasoline has cratered. This is simply not the case, with the exception of the first few months of the pandemic when demand sharply reduced.

https://www.eia.gov/dnav/pet/hist/Le...s=MGFUPUS2&f=M

I am saying that Biden has restricted our oil output as much as humanly possible. He cancelled pipelines. Cut off drilling on federal lands. Stopped lease sales. Depleted our reserve. You name it...he has done it......We lost our energy independence under him, which we just recently gained under the last guy.

[BobbyStrawberry]

Originally Posted by bobbyw8469

I am saying that Biden has restricted our oil output as much as humanly possible. He cancelled pipelines. Cut off drilling on federal lands. Stopped lease sales. Depleted our reserve. You name it...he has done it......We lost our energy independence under him, which we just recently gained under the last guy.

Bobby this is not true.

https://apnews.com/article/alaska-wi...bffe771b7af574

[cgjackson222]

Originally Posted by bobbyw8469

I am saying that Biden has restricted our oil output as much as humanly possible. He cancelled pipelines. Cut off drilling on federal lands. Stopped lease sales. Depleted our reserve. You name it...he has done it......We lost our energy independence under him, which we just recently gained under the last guy.

As this article in Forbes from May points out, US energy independence has soared to its highest level in 70 years:

https://www.forbes.com/sites/rrapier...h=3dec8b1e977f

"The topic of U.S. energy independence often sparks debate, with many believing that the country achieved this status under President Trump and lost it during President Biden's tenure.
....
In conclusion, 2022 marked the highest level of US energy independence since before 1950. This milestone was achieved through a combination of factors, including the shale boom which led to a steady decline in net energy imports, rather than being solely attributed to any specific presidential administration."