Americans Want More Oil Production
Americans overwhelmingly prefer policies that incentivize oil drilling over policies that restrict fossil fuel development.
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.