Economists at the Federal Reserve of Dallas published analysis this week debunking a popular claim that Democrats make against oil companies. What do Democrats claim?
As gas prices reached new record highs this week, the popular Democratic talking point — that oil and gas companies are profiteering — was recycled into the national conversation.
The New Yorker published an essay titled, “As Gas Prices Reach New Highs, Oil Companies Are Profiteering.” Contained in the publication are quotations from various Democrats, including President Joe Biden, that accuse oil companies of not spending the resources necessary to beef up production of oil […]
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