That’s not what the link says. The link says that U.S. federal economic or energy policies aren’t predominantly responsible. Foreign policy has effects on high gas prices. Decisions like preventing the ceasefire agreement early in the Ukraine war reduced supply and thus raised gas prices via market mechanisms.
It’s also worth noting that it gets qualified by people who say they agree by saying things like “Govt policy that affects supply feeds into market prices over the long run. Short run variations are almost completely unrelated to govt” and “Supply and demand for oil are relatively global. US regulation does, however, have an influence on domestic supplies of some products”.
To the extent that the argument is “The decision to avoid building pipelines and doing more fracking doesn’t change oil prices because the US is only a small part of world oil production” → “Policies to reduce CO2 like avoid building pipelines and doing more fracking have no effect on oil prices” that seems like a huge misinterpretation of that linked expert consensus.
That’s not what the link says. The link says that U.S. federal economic or energy policies aren’t predominantly responsible. Foreign policy has effects on high gas prices. Decisions like preventing the ceasefire agreement early in the Ukraine war reduced supply and thus raised gas prices via market mechanisms.
It’s also worth noting that it gets qualified by people who say they agree by saying things like “Govt policy that affects supply feeds into market prices over the long run. Short run variations are almost completely unrelated to govt” and “Supply and demand for oil are relatively global. US regulation does, however, have an influence on domestic supplies of some products”.
To the extent that the argument is “The decision to avoid building pipelines and doing more fracking doesn’t change oil prices because the US is only a small part of world oil production” → “Policies to reduce CO2 like avoid building pipelines and doing more fracking have no effect on oil prices” that seems like a huge misinterpretation of that linked expert consensus.