It never ceases to amaze me how you can be so wrong, so often, while spouting Republican talking points. But then, those stupid Republican voters only hear you in an echo chamber.
More propaganda, errors and misrepresentation from Mr. Busler.
A)
NO! The Keystone Pipeline will not increase oil to the USA. The pipeline is a delivery device for oil already being produced and shipped.
quote: "The purpose of the pipeline was to transport oil from Canada that is currently being transported some other way. And, in any event, producers would be under no obligation to sell that oil to the U.S" endquote[1]
B)
Of course Republicans want to keep wages down. After 40+ years of corporate and businesses undermining wages and salaries, workers finally have a chance to be paid better. Republican policies have kept wages for working people FLAT since the early 1980s while enriching the already wealthy.[2]
C)
Inflation is largely being caused by corporate greed[3]. They are increasing costs of goods far above the costs they are incurring. The CEO of Kellog was paid $11.6 million dollars (CEO pay in this country is obscene). Kellogg’s CEO Steve Cahillane ADMITTED to raising prices simply because he could- he called it "price taking"[5].
D)
Oil prices are up not only due to lower output from OPEC but also due to WALL STREET! [6]. Quote: The root cause of today’s high gas prices isn’t politics: It’s financial pressure on oil companies from a decade of cash-flow losses that have made them change financial tactics. Investment in new wells has dropped more than 60%, causing U.S. crude oil production to plummet by more than 3 million barrels a day, or nearly 25%, just as the Covid virus hit, and then fail to recover with the economy. For an oil-drilling sector that lost 90% of its stock value from 2012 through early last year, it hasn’t been the toughest call in the world
E)
We did not have "excess demand" for oil and gasoline. As of June 2022, the USA had more than enough petroleum to meet demand. Demand and inventory in June 2022 was the same as demand and inventory in June 2019. Yet in June 2019 Oil was about $67/barrel and gasoline was about $2.50/gallon. In June 2020 both were nearly doubled! Why is that? If supply and demand are essentially the SAME, then there should be no cost differences, right? It's all about Wall St and the financial sector (which adds NO VALUE to anything) manipulating a global commodity for their own wallets. ‘Perhaps 60% of today’s oil price is pure speculation’ [7]
[1]
https://jacobin.com/2021/11/kelloggs-strike-bctgm-union-tiered-contracts
