Banning Fossil Fuels = $10 Per Gallon Gas

Banning Fossil Fuels = $10 per gallon Gas! How is this possible? The government wants to ban fossil fuels, but this does not make any sense. Everything we use is made of fossil fuels - literally everything! This week President Biden approved the release of more fuel from the Strategic Petroleum Reserve and claimed we are going to refill the oil reserves once the price drops. So if the price does not drop the reserves will not get filled.

Of the 265 million barrels being released, 15 million barrels of oil will go to other countries including China. Yes, China. The goal in this release is meant to artificially reduce the price of gas for the US or other countries. But instead the prices will rise - I’ll explain.

00:00 Banning Fossil #Fuels = $10 Per Gallon #gas
00:23 Strategic Petroleum Reserve
01:08 the facts
01:44 Government plan
02:00 mid term election impact
02:25 Biden plan - oil companies
03:31 a better plan - base load power
04:04 Alternative fuels

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#Gasprices #Gas #OilGasIndustry #OilAndGasIndustry #petroleum #china
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