Chris Murphy

@ChrisMurphyCT ↗

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Last Checked April 12, 2022

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Wed Mar 09 03:50:31 +0000 2022

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Chris Murphy @ChrisMurphyCT

8/ And the oil companies don't lack capital. Chevron made $15 billion in profit in 2021. Their profit is bigger than the entire federal budget of over half of the world's countries. Oil companies COULD invest more in U.S. production if they wanted. https://t.co/Tn286cKk4X — PolitiTweet.org

Posted March 9, 2022

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Chris Murphy @ChrisMurphyCT

7/ But also, because U.S. producers sell to whoever pays the best prices. They make decisions on price, not patriotism. Republicans don't want you know this either, but historically lots of U.S. oil goes to....wait for it...CHINA. https://t.co/d8hu6Lu9vj — PolitiTweet.org

Posted March 9, 2022

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Chris Murphy @ChrisMurphyCT

9/ The bottom line is that American producers will ramp up oil production when prices are high enough, not when American national security requires it. And Biden's policies don't explain the industry's decision making. The Ukraine crisis is just an excuse to drive up profits. — PolitiTweet.org

Posted March 9, 2022