• wewbull@feddit.uk
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        16 hours ago

        Doesn’t really matter if you have local production if it goes on the global market. One global price set by global supply and demand. What happens in the middle east drives the price up in Michigan.

      • boonhet@sopuli.xyz
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        15 hours ago

        You also have a ton of domestic oil. The only reason fuel prices are up in the US is because the market is global so American companies can sell it abroad.

        Either issue could be solved if Trump had the balls to forbid American companies to sell oil and gas abroad. But that’s not gonna happen now is it.