When I clicked your link on my phone, it took me to the chart and showed the annual data. The screen is too small to see the details. Now that I am on a PC, I can see the details, and it is exactly as I stated. Nov 4th, it was at 39.15. Jan 22, 52.27, and Jan 31, 2022, it was 88.20 and peaked at 123 after the invasion.
So from Biden's election (and months of campaigning to end oil) to his inauguration, oil spiked 33%. About a year late, it jumped again 69%. One could say those increases were due to the economy coming back online. Maybe part of it. But economic data from Q420 showed the economy was coming back. Only an incompetent fool would put a damper on the recovery by limiting oil supply with regulations. Biden could have waited a year or 2 before adding those regulations to allow us to recover from the pandemic. But bowing to the climate zealots was more important.
Edit: Shout-out to
@outside shooter for the link to prove my point. Much appreciated.
