And if you like it, you still can’t give Biden responsibility. The Biden administration is demonstrating an unusually sensible and calm approach to government. Price stability is the most important thing. U.S. oil and gas is inherently incapable of being stable. The fracking industry exists as it does because the big oil companies found they can eliminate liability for oil and gas drilling accidents by putting a bunch of drilling rigs up for lease. The trade-off is an inability to moderate the boom and bust cycle caused by prices.
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