Birdwatch Note Rating
2022-11-08 15:05:12 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 6F63CC79CAC0EDCE3AAAF0923FFC97BF7DEDD3FA0E92DB04EC111936BA5E3635
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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