Birdwatch Archive

Birdwatch Note Rating

2022-11-09 00:41:39 UTC - HELPFUL

Rated by Participant: 36B4209D0D2C2EB7CDABCAF2D3217511B28763114EBDBBEFE664D0C454FC5C8A
Participant Details

Original Note:

In 2020 the 5 largest oil companies lost $76B. The Biden admin has refused to issue new oil drilling leases and revoked prior leases. Biden actively prevented oil companies from increasing production. Oil companies don't set prices it is a commodity traded on the open market. https://www.forbes.com/sites/rrapier/2022/04/24/if-oil-companies-control-prices-why-do-they-ever-lose-money/?sh=207b170cf9da

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All Information

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