Sun, December 15, 2024
[ Sun, Dec 15th 2024 ]: FOX59 News
Israel to close embassy in Ireland over 'anti-Israel policies'
[ Sun, Dec 15th 2024 ]: Tuko
Gachagua Warns IG Kanja over Failure to Arrest Those Behind Limuru Chaos: "Utajibu Siku Moja"
[ Sun, Dec 15th 2024 ]: The Mirror
Victim support groups being pushed to 'breaking point' and facing staff cuts
[ Sun, Dec 15th 2024 ]: News24
EFF ready to enter government when the GNU collapses - Malema
[ Sun, Dec 15th 2024 ]: RealClearPolitics
Sen. Eric Schmitt: FBI Desperately Needs Reform, .. l Is Very Qualified And Will Get Senate's Support
[ Sun, Dec 15th 2024 ]: legit
Year in Review: 5 Influential Female Politicians in Nigeria in 2024
[ Sun, Dec 15th 2024 ]: ABC
Mayorkas says federal authorities are addressing New Jersey drone sightings
[ Sun, Dec 15th 2024 ]: The Dispatch / The Rock Island Argus
Maintenance, efficiency, new standards: East Moline officials plan water improvements
[ Sun, Dec 15th 2024 ]: The New Zealand Herald
Audrey Young: Supreme Court forces rethink on Government approach to foreshore and seabed
[ Sun, Dec 15th 2024 ]: CNN
Trump attends Army-Navy game as incoming administration takes shape
[ Sun, Dec 15th 2024 ]: The Daily Telegraph
Kemi Badenoch: I want to follow Trump and Musk's efficiency drive
[ Sun, Dec 15th 2024 ]: ABC News
Rep. Nancy Mace's position on LGBTQ community appears to have changed
[ Sun, Dec 15th 2024 ]: Rolling Stone
Inside the Classrooms at the Center of the Church-State Battle
[ Sun, Dec 15th 2024 ]: The Irish Times
Stability at Stormont is now the primary objective and 'needed urgently'
[ Sun, Dec 15th 2024 ]: The Hindu
The major news headlines of the day and more.
[ Sun, Dec 15th 2024 ]: Indiatimes
Hardeep Puri claims AAP settled Rohingyas in Delhi; CM Atishi blams BJP
[ Sun, Dec 15th 2024 ]: ABC News
Rep. Nancy Mace position on LGBTQ community appears to have changed
[ Sun, Dec 15th 2024 ]: Daily Express
Keir Starmer blasted for latest flip flop as he celebrates bumper trade deal...from Brexit
[ Sun, Dec 15th 2024 ]: The Daily Telegraph
Foreign Office interpreter accused of running Chinese propaganda website in Britain
[ Sun, Dec 15th 2024 ]: Business Today
'Work for country's interest': Mayawati rallies s .. Election bill; slams SP, Congress on reservation
[ Sun, Dec 15th 2024 ]: 24/7 Wall St
All The Presidential Cabinet Positions: Which Are the Most Powerful?
[ Sun, Dec 15th 2024 ]: London Evening Standard
Government has moral responsibility to tackle boat crossings - Cooper
[ Sun, Dec 15th 2024 ]: The Journal Times
South Hills development agreement approved
[ Sun, Dec 15th 2024 ]: Politico
Conservative Catholics hope to wield new influence in Trump's second administration
[ Sun, Dec 15th 2024 ]: Sydney Morning Herald
Workers bear more budget burden as company revenues slip
[ Sun, Dec 15th 2024 ]: Couriermail
Peter Dutton comeback a shock blow for Anthony Albanese
[ Sun, Dec 15th 2024 ]: MSN
'Let them down': Hundreds rally against antisemitism in Sydney
[ Sun, Dec 15th 2024 ]: MSN
AAP releases final list of candidates for Delhi polls
[ Sun, Dec 15th 2024 ]: MSN
U.S. Sen. Rick Scott: Trump's nominations cement Florida as the epicenter of the GOP
[ Sun, Dec 15th 2024 ]: Daily Express
Keir Starmer blasted over free trade flip-flop as UK enters major new post-Brexit deal
[ Sun, Dec 15th 2024 ]: cnbctv18
Congress veteran Mani Shankar Aiyar revisits 2014 .. ntroversies and leadership missteps in new memoir
[ Sun, Dec 15th 2024 ]: MSN
Home Office in row with Burnham and Labour councils over homeless asylum seekers
[ Sun, Dec 15th 2024 ]: MSN
South Korean democracy holds firm against Yoon's martial law bid
[ Sun, Dec 15th 2024 ]: The Pioneer
Atishi claims Centre settling Rohingyas in Delhi; 'false narrative', says Hardeep Puri
[ Sun, Dec 15th 2024 ]: Business Standard
Atishi accuses Centre of settling Rohingyas in Delhi; Puri denies claim
[ Sun, Dec 15th 2024 ]: The New York Times
Weeks of Upheaval Have Paralyzed This South American Nation. Here's Why.
[ Sun, Dec 15th 2024 ]: MSN
Mt Kenya Won't Follow Gachagua, Uhuru if Their Politics Don't Align with Region's Interests
[ Sun, Dec 15th 2024 ]: Sydney Morning Herald
Inside the race to bring the five remaining Bali Nine home
[ Sun, Dec 15th 2024 ]: MSN
Taking away rights of Delhi residents: Atishi to Amit Shah on Rohingya issue
[ Sun, Dec 15th 2024 ]: MSN
PM Modi invokes Nehru to distract nation's attention from his own 'failures': Congress
[ Sun, Dec 15th 2024 ]: MSN
Governors demand drone crackdown amid security concerns
[ Sun, Dec 15th 2024 ]: MSN
Delhi Election 2025: BJP Leader Ramesh Pahelwan Set to Join AAP Today - Sources
[ Sun, Dec 15th 2024 ]: MSN
Drones attack Chechen capital, likely targeting bases of riot police and special forces - video
[ Sun, Dec 15th 2024 ]: Business Today
'Pranab should've been PM, Manmohan President...' .. ts Congress's 'doomed' move behind 2014 poll loss
[ Sun, Dec 15th 2024 ]: MSN
Starmer's government hails joining CPTPP - two years after he said impact would be 'very small'
[ Sun, Dec 15th 2024 ]: MSN
First border construction, now Trump. Uncertainty swirls around the future of Friendship Park.
[ Sun, Dec 15th 2024 ]: MSN
Anwar confirms discussions on Tengku Zafrul joining PKR
[ Sun, Dec 15th 2024 ]: MSN
Europe's Schengen Area sees more internal border controls

Why Trump's plan to 'drill, baby, drill' is unlikely to cut gas prices and fix inflation

  Copy link into your clipboard //politics-government.news-articles.net/content/ .. nlikely-to-cut-gas-prices-and-fix-inflation.html
  Print publication without navigation Published in Politics and Government on by MSN
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Trump's plan to 'drill. baby, drill' isn't likely to spark more oil production, lower gasoline prices, and help reverse inflation, analysts say.
The article from MSN discusses why former President Donald Trump's proposal to increase oil and gas drilling, encapsulated in the slogan "Drill, Baby, Drill," is unlikely to significantly lower gas prices or address inflation effectively. It explains that while increasing domestic oil production could potentially reduce reliance on foreign oil, several factors mitigate its impact on gas prices. Firstly, oil prices are influenced by global markets, not just U.S. production levels. Secondly, the transition to renewable energy sources and electric vehicles reduces long-term demand for oil. Additionally, the article points out that refining capacity, not just crude oil supply, is a bottleneck in the supply chain. Environmental regulations, the time lag in bringing new oil wells online, and the complexity of oil pricing mechanisms further complicate the issue. Moreover, inflation is driven by a multitude of factors beyond just energy prices, including supply chain disruptions, labor costs, and monetary policy, making a singular focus on oil production an insufficient strategy to combat inflation comprehensively.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/why-trump-s-plan-to-drill-baby-drill-is-unlikely-to-cut-gas-prices-and-fix-inflation/ar-AA1vTbWR ]