What Trump voters are going to be disappointed about.
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The one factor that everybody kept ignoring in the conversations is that it takes years for new wells to get dug and start producing, and that production increases over time..
Not at all in the case of the timeline involved regarding drilling and production and not always or necessarily, with regard to increased production over time.
Also ignored was the fact that oil imports into the US had declined drastically over Trump’s administration…
Not from here. Oil exports from Alberta into the US increased substantially throughout the Trump years over the last two years of the Obama Administration when they actually declined, and has since continued to increase annually. The very rationale behind Trump’s policy behind KXL at the time.
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It comes to perception. Those who love Trump will say the economy is doing great, regardless of what the actual numbers say. Those who hate Trump will claim the opposite.
Oil production is a perfect case. Domestic production is 20(?)% higher than at the end of Trump's term, US is a net exporter, yet the complaint is that Biden did not do enough.
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The idea that really low oil prices is a good thing overall is very naive.
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I’ll be disappointed when he doesn’t meet the Ambassador from Canada in a bathrobe and slippers.
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@LuFins-Dad LOL.
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@LuFins-Dad said in What Trump voters are going to be disappointed about.:
I’ll be disappointed when he doesn’t meet the Ambassador from Canada in a bathrobe and slippers.
Be careful what you wish for. Florida man might do it wearing nothing but a strategically placed tie.
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@Jolly said in What Trump voters are going to be disappointed about.:
Real people don't read statistics about oil production, they look at the price on the gas pump or what their heating fuel bill is.
So, if gas prices are the same or increase a year from now, detractors of President Trump will say that he is the cause, and those who support him will come up with reasons why the prices rose in spite of his good work.
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Nope. LOL
i know you are going to say I sound like a dead horse, but presidents take too much credit and get too much blame, especially when look at their terms in a "finite" four year period.
Who is getting the blame for the 2022/2023 inflation? President Biden. Did President Trump have a significant impact on that? Yes. Does he get the blame? In the thoughts of most Americans, not really.