Matthew Yglesias

@mattyglesias ↗

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Last Checked Dec. 20, 2022

Created

Fri Dec 16 21:28:24 +0000 2022

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Matthew Yglesias @mattyglesias

Republicans wanted to make hay out of high gas prices but didn’t actually have a plan to do anything about it. The SPR releases helped, US oil production continued to be high, and as we’ve seen prices started to moderate — it worked. https://t.co/PFNmFOGiEb — PolitiTweet.org

Posted Dec. 16, 2022

Preceded By

Matthew Yglesias @mattyglesias

Earlier in his term, oil was very expensive in part because the pandemic caused oil investors to lose their shirts, in part because of the invasion of Ukraine, and in part because of OPEC fuckery. Biden responded with SPR releases and caught a lot of shit for it. https://t.co/e7YLeVNbLw — PolitiTweet.org

Posted Dec. 16, 2022

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Matthew Yglesias @mattyglesias

By refilling now, the administration gets a good deal for the taxpayer. This initial tranche is modest but it’s laying the groundwork for more purchases. That gives US producers price insurance and should continue to guarantee ongoing domestic production. — PolitiTweet.org

Posted Dec. 16, 2022