Description
Oh pray tell, wealthy genius. If cancelling the Keystone Pipeline on 1/20/21 when the price of oil was $53.13 a barrel was the reason for oil prices to spike, why was it still only $68.23 a barrel on 12/20/21?
Oil began a rapid climb on 12/21/21. Eleven months AFTER the Keystone XL pipeline was cancelled.
And why did it FALL from $114.93 a barrel on 03/23/22 to $94.29 on 04/11/22 before rebounding slightly? After all, the Keystone XL project IS STILL CANCELLED. Yet oil went down about 15% in a short time. Doesn't tie in with your "theory" very well.
https://www.up.com/customers/surcharge/wti/prices/index.htm
I don't think you understand cause and effect.
Your logic is like saying "I put Biden gas in my car. Then 4 years later the transmission went out. Must have been the Biden gas I put in the car 4 years ago."
When something happens after long period of time has elapsed, they usually aren't related.
Maybe do your research next time before making an ass of yourself.
Discussion
By posting you agree to the Terms and Privacy Policy.