Birdwatch Note Rating
2022-11-08 17:00:10 UTC - NOT_HELPFUL
Rated by Participant: 7640BF10DEC76014715D6ADAC18E627AF02F2F4727C33862A234189728245F6C
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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