Taxes are a big component of fuel prices.
Duh, they are reducing production because they have no way of getting it to market and have to store it because there is no friggin pipeline. BTW, The existing TM made $300M last year. Triple capacity and you are looking at a billion. That’s why people build them, they make money.
Nonsense. Oil companies would keep production at its current level if they were allowed. The production cut has nothing to do with a lack of pipeline capacity.