Americans overwhelmingly prefer policies that incentivize oil drilling over policies that restrict fossil fuel development.
WHY IT MATTERS: The price of gasoline – particularly diesel – is a major source of inflation for nearly all goods and services. Reported recently by Bloomberg, “almost every region of the planet will face a danger of a diesel shortage.”
THE STATS: A poll conducted by I&I/TIPP Poll gave U.S. adults four options to choose from for what government should do to address the diesel fuel shortage.
39 percent - More drilling and refining of oil to boost diesel and other fuel supplies
36 percent - Return to the rules and standards for energy and production that prevailed in 2020
25 percent - Tax oil companies if they don’t produce more oil
22 percent - Keep imposing strict limits on carbon-based fuels to reduce climate change
3 percent - Nothing
22 percent - Don’t Know
ZOOM OUT: Since President Joe Biden took office, diesel prices have risen 94 percent from just $2.69 a gallon to $5.23 a gallon as of Nov. 21.
GO DEEPER: Read the full article here.