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[struth]

So your "outlier" Does or Doesn't extend to 2022, due to trump signing OPEC+.

You do know that OPEC+ was a 2 year deal......right?


I'll wait for your denial.

Well yes, because 2020 gave us xiden, and the dems, so yes their policies were in place in 2022 which gsve us 5 dollar a gallon gas, war in Europe, open borders, record COVID deaths, and the largest market crash since Jimmy Carter along with near double digit inflation

Had Trump won that wouldn’t of happened

Your vote did that

All that happened despite giving us three COVID vaccines, defensive weapons to Ukraine, low inflation, folks going back to work, a secure border, cheap gas, and a OPeC deal keeping oil prices low

That’s how horrible your vote was

 

[Winco]

Well yes, because 2020 gave us xiden,

Hummmm.....

You do realize that Trump was POTUS for ALL of 2020.
So No, 2020 didn't bring us Biden, as you claim.

so yes their policies were in place in 2022 which gsve us 5 dollar a gallon gas,

OPEC+, brokered by trump, a 2 YEAR agreement, brought us $5 gas.
Not Biden.

Key takeaway​

OPEC+ didn’t just “affect” production—it defined it.

Nearly every monthly change in your dataset corresponds to:

• quota changes
• compliance levels
• or new cut agreements

---

How did OPEC+ deal affect gas prices in the USA?

The OPEC+ deal had a clear but indirect impact on U.S. gasoline prices—by controlling global oil supply, it influenced crude oil prices, which then flowed through to what Americans pay at the pump.

Here’s how that played out from 2020–2023:

---

How oil production → U.S. gas prices works​

• Crude oil = ~50–60% of gasoline cost
• OPEC+ controls a large share of global supply
  When OPEC+ cuts production → oil prices rise → gas prices rise (and vice versa)

---

Timeline: OPEC+ decisions vs U.S. gas prices​

2020 (COVID crash + record cuts)​

• OPEC+ cut ~9.7 million barrels/day
• But demand collapsed even more

Result:

• Oil prices crashed (even briefly negative)
• U.S. gas prices fell to ~$2.00/gal or lower

OPEC+ cuts softened the crash, but couldn’t prevent low prices

---

2021 (controlled supply = rising prices)​

• OPEC+ slowly increased production (tight supply)

Result:

• Oil prices climbed steadily
• U.S. gas prices rose from ~$2.25 → $3.30/gal

OPEC+ restraint = gradual price increase

---

2022 (tight supply + geopolitical shock)​

• OPEC+ was already limiting output
• Then the Russian invasion of Ukraine disrupted markets

Result:

• Oil spiked above $120/barrel
• U.S. gas prices hit record highs:
  • ~$5.00/gal (June 2022 peak)

OPEC+ not increasing supply fast enough amplified the spike

---

Late 2022 (cuts again)​

• OPEC+ cut ~2 mb/d in October

Effect:

• Helped keep oil prices elevated
• Slowed decline in gas prices

---

2023 (continued cuts = price support)​

• Additional voluntary cuts (~3+ mb/d)

Result:

• Gas prices fluctuated ~$3.20–$4.00/gal
• Stayed higher than pre-COVID norms

OPEC+ cuts prevented prices from falling further

---

Big picture impact on U.S. gas prices​

What OPEC+ DID​

• Prevented oil from staying cheap after 2020
• Contributed to 2021–2022 price surge
• Supported higher price floor in 2023

What OPEC+ DID NOT control alone​

U.S. gas prices also depend on:

• Domestic refining capacity
• Seasonal demand (summer spikes)
• U.S. shale production
• Geopolitics (like Ukraine war)

---

Simple cause-and-effect​

OPEC+ cuts supply
↓
Global oil prices rise
↓
U.S. gasoline prices increase

---

Key takeaway​

OPEC+ is one of the biggest external drivers of U.S. gas prices.

• It doesn’t set gas prices directly
• But by controlling global oil supply, it strongly influences the baseline price Americans pay

 

[Winco]

and a OPeC deal keeping oil prices low

And YOU believe this ^^^^^^^ what you wrote?


OPEC+ gave us High gas prices, because people went back to work, under Biden, but supply was LOW, because of trump.

So those initial low prices, because oil went negative, that is why prices were lowered, then OPEC+ last for 2 years, thanks to trump, and prices soared to $5.00, at the end of the OPEC+ Deal, then once trumps terrible deal was over, gas prices returned.

JFC.

 

[struth]

Hummmm.....

You do realize that Trump was POTUS for ALL of 2020.
So No, 2020 didn't bring us Biden, as you claim.


OPEC+, brokered by trump, a 2 YEAR agreement, brought us $5 gas.
Not Biden.

Key takeaway​

OPEC+ didn’t just “affect” production—it defined it.

Nearly every monthly change in your dataset corresponds to:

• quota changes
• compliance levels
• or new cut agreements

---

How did OPEC+ deal affect gas prices in the USA?

The OPEC+ deal had a clear but indirect impact on U.S. gasoline prices—by controlling global oil supply, it influenced crude oil prices, which then flowed through to what Americans pay at the pump.

Here’s how that played out from 2020–2023:

---

How oil production → U.S. gas prices works​

• Crude oil = ~50–60% of gasoline cost
• OPEC+ controls a large share of global supply
  When OPEC+ cuts production → oil prices rise → gas prices rise (and vice versa)

---

Timeline: OPEC+ decisions vs U.S. gas prices​

2020 (COVID crash + record cuts)​

• OPEC+ cut ~9.7 million barrels/day
• But demand collapsed even more

Result:

• Oil prices crashed (even briefly negative)
• U.S. gas prices fell to ~$2.00/gal or lower

OPEC+ cuts softened the crash, but couldn’t prevent low prices

---

2021 (controlled supply = rising prices)​

• OPEC+ slowly increased production (tight supply)

Result:

• Oil prices climbed steadily
• U.S. gas prices rose from ~$2.25 → $3.30/gal

OPEC+ restraint = gradual price increase

---

2022 (tight supply + geopolitical shock)​

• OPEC+ was already limiting output
• Then the Russian invasion of Ukraine disrupted markets

Result:

• Oil spiked above $120/barrel
• U.S. gas prices hit record highs:
  • ~$5.00/gal (June 2022 peak)

OPEC+ not increasing supply fast enough amplified the spike

---

Late 2022 (cuts again)​

• OPEC+ cut ~2 mb/d in October

Effect:

• Helped keep oil prices elevated
• Slowed decline in gas prices

---

2023 (continued cuts = price support)​

• Additional voluntary cuts (~3+ mb/d)

Result:

• Gas prices fluctuated ~$3.20–$4.00/gal
• Stayed higher than pre-COVID norms

OPEC+ cuts prevented prices from falling further

---

Big picture impact on U.S. gas prices​

What OPEC+ DID​

• Prevented oil from staying cheap after 2020
• Contributed to 2021–2022 price surge
• Supported higher price floor in 2023

What OPEC+ DID NOT control alone​

U.S. gas prices also depend on:

• Domestic refining capacity
• Seasonal demand (summer spikes)
• U.S. shale production
• Geopolitics (like Ukraine war)

---

Simple cause-and-effect​

OPEC+ cuts supply
↓
Global oil prices rise
↓
U.S. gasoline prices increase

---

Key takeaway​

OPEC+ is one of the biggest external drivers of U.S. gas prices.

• It doesn’t set gas prices directly
• But by controlling global oil supply, it strongly influences the baseline price Americans pay

Yes I do, hence why I said it gave us xiden

And gave us all the polices we highlighted

Your cut and paste job is just lies

The price of oil per barrol in 2019 was no different then in 2021 and we didn’t have five dollar gallon gas then

WTI Crude Oil Prices - 10 Year Daily Chart

Interactive chart showing the daily closing price for West Texas Intermediate (NYMEX) Crude Oil over the last 10 years. The prices shown are in U.S. dollars.

www.macrotrends.net

Th opec deal keep many American oil companies open and from crashing when oil dropped due to the Chinese virus