Average Gas Price Hits $4.30 A Gallon

[postman]

Yes, the spike didn't happen til two years later when Xiden's policies were in full effect

There was no shortage of oil....heck OPEC was producing massive amounts of oil by Jan 2021....they were up to 500000/day in Jan 2021 https://www.business-standard.com/a...barrels-a-day-in-jan-2021-120120400110_1.html

Bidens policies were to open up the US economy
We had over 6% GDP growth for 3 of the 4 quarters 2021

 

[struth]

It was dropping since January 2020, it was $2.54 and by April $1.83

Well yeah, it had been dropping since Trump took office...his policies create lower fuel cost. Frankly it was cheaper in Jan 2019, then 2020. That had nothing to do with Covid.

 

[postman]

Thanks for the reminder that the Xiden Admin, and the Dems made history with a record setting high for gas

They also made record sustained GDP growth. Which put a strain on the gas supply line.

 

[struth]

2020 and 2021 increases were caused by covid.

2022 increases were caused by Russia.

What are you talking about? No they weren't...Covid caused a dip....not a spike in 2020, for two short months due to low demand, with people laid off and staying home.

2021-2024 high cost was caused by Xiden's policies. I am not saying his failed Covid response, his failed foreign policy weren't also at play, it was a total failure of an admin

 

[AveMarica]

 

[BlindBoo]

Again, I never suggested the price at the pump was impacted by a lack of oil...it wasn't...we had no shortage.


It was not Covid, Covid was long over when XIden's policy hit in 2022....

These twenty-five Biden administration policies are raising energy costs

These twenty-five Biden administration policies are affecting gas prices, home heating costs, and other energy-related burdens families face. Read more.

americansforprosperity.org

I never said there was an oil shortage. Understand, lagging production means lowering inventories which equals higher prices. World oil production was cut before Biden took office. The lag in the resumption of world wide production was not the result of any Biden policy.

 

[struth]

They also made record sustained GDP growth. Which put a strain on the gas supply line.

There was no supply issue, oil production was booming.

GDP was avg under Xiden....sure the first qtr looked good, but all it was, was people returning to their jobs

The real impact of Covid on GDP was Q1 and Q2 to Q3 in 2020...after that it was a normal climb for the most part Gross Domestic Product

Real GDP growth by quarter U.S. 2025| Statista

The U.S. economy grew slightly in the fourth quarter of 2025.

www.statista.com

There was no massive GDP growth in 2022 that would of caused any stress

 

[struth]

I never said there was an oil shortage. Understand, lagging production means lowering inventories which equals higher prices. World oil production was cut before Biden took office. The lag in the resumption of world wide production was not the result of any Biden policy.

Then why do you keep talking about supply lines?

 

[BlindBoo]

Yes, the spike didn't happen til two years later when Xiden's policies were in full effect

There was no shortage of oil....heck OPEC was producing massive amounts of oil by Jan 2021....they were up to 500000/day in Jan 2021 https://www.business-standard.com/a...barrels-a-day-in-jan-2021-120120400110_1.html

In reality, OPEC+ had decrease production by nearly 10 mdb. They agree to increase output starting in Dec. 2021 by just 400,000 per month until they were back to their regular quota. World wide demand was increasing more than that. You and the propagandist never have said what it was in Bidens EO's that somehow stifled world oil production in 2022. Have any specifics?

 

[struth]

In reality, OPEC+ had decrease production by nearly 10 mdb. They agree to increase output starting in Dec. 2021 by just 400,000 per month until they were back to their regular quota. World wide demand was increasing more than that. You and the propagandist never have said what it was in Bidens EO's that somehow stifled world oil production in 2022. Have any specifics?

No, actually, as I provided the link...they increased it, bigly in Jan 2021. https://www.opec.org/assets/assetdb...he 13th ONOMM,per month until the end of July.

After implementing the largest and longest crude oil production adjustments in 2020 due tounprecedented events and the shocking impact of COVID-19, participating countries in the DoCagreed to meet regularly throughout 2021 in order to be able to react quickly to any changesduring the recovery. To that end, 11 OPEC and non-OPEC Ministerial meetings (ONOMM) wereheld over the year.At the conclusion of the 13th ONOMM on 5 January – the first of the year – it was determinedthat 2 mb/d would be gradually returned to the market, with the pace being determined by market conditions. To this end, 0.5 mb/d was added starting in January, adjusting the productionreduction from 7.7 mb/d to 7.2 mb/d. Monthly adjustments were to be no more than 0.5 mb/dper month until the end of July.In addition to this, Saudi Arabia agreed to a significant additional voluntary supply adjustmentof 1 mb/d starting 1 February which continued for three months, supporting the stability of themarket. Various countries worked to catch up compensation shortfalls throughout the year, asagreed by the ONOMM.By mid-year, at the 17th ONOMM held on 1 June, the meeting noted the ongoing strengtheningof market fundamentals, with oil demand showing clear signs of improvement and OECD stocksfalling as the economic recovery continued in most parts of the world. At the 19th ONOMM on18 July it was determined that overall production should be upwardly adjusted by 0.4 mb/d ona monthly basis starting in August until phasing out of the 5.8 mb/d production adjustment.Throughout the year, the DoC maintained high conformity levels, which contributed significantly to market rebalancing and stability.

• Total Output: According to OPEC reports, the OPEC member nations managed their production to meet in part the 108% compliance rate of their agreed targets for the month.

https://www.opec.org/assets/assetdb/annual-report-2021.pdf

In reality, consumption only out paced production, in late 2020....and Trump still keep gas prices low:

Growing global production limits crude oil price increases in the most recent forecast - U.S. Energy Information Administration (EIA)

www.eia.gov

and by 2022, consumption lagged behind production....
Again, here you are flip flopping and claiming it was shortage issue....when we know production was up bigly around the world

 

[postman]

Well yeah, it had been dropping since Trump took office...his policies create lower fuel cost. Frankly it was cheaper in Jan 2019, then 2020. That had nothing to do with Covid.

We're talking dropping like a stone starting January, when things started getting phased down.

Remember Trump inherited (jnauary 2017) at $2.35 and the lowest it went before COVID was $2.30

 

[Political-Junkie]

Not sure where you learned math....but March of 2020 it was 2.23, the lowest it got was the next month at 1.84...that's not 70 cents.

Offices were already closing in March of 2020, reducing the price of gas. In early February, before covid started killing Americans, gas was almost $2.50. It dropped as low as about $1.80 after that.

 

[struth]

We're talking dropping like a stone starting January, when things started getting phased down.

Remember Trump inherited (jnauary 2017) at $2.35 and the lowest it went before COVID was $2.30

when did it drop like a stone?

Not sure what graph you are looking at, but Trump got prices down as low as $2.24, and that was in Jan 2019, by the time 2020 came around it was up to $2.54

Trump inherited rising gas prices, due to Obama's Middle East blunders, and the world's largest refugee crisis since WW2....but was able to turn that around and main reasonably low fuel cost. U.S. Regular All Formulations Retail Gasoline Prices (Dollars per Gallon)

 

[BlindBoo]

No, actually, as I provided the link...they increased it,

In April of 2020 OPEC+ decreased production by nearly 10 mdb. Long before Biden was President. I was wrong in an earlier post They did raise the quotas in Aug of 2021. Several member states could not meet the new quotas. Nothing in Biden's EO's did any of that. Production barely caught up with demand before Russia invaded Ukraine.

 

[struth]

Offices were already closing in March of 2020, reducing the price of gas. In early February, before covid started killing Americans, gas was almost $2.50. It dropped as low as about $1.80 after that.

Gas was $2.44 in Feb, , 2.23 in March and the lowest was in April at $1.84...then started going back up in May. This was no shock to to the system. Modest, gradual shift.

 

[struth]

In April of 2020 OPEC+ decreased production by nearly 10 mdb. Long before Biden was President. They didn't raise the quotas until Aug of 2021. Several member states could not meet the new quotas. Nothing in Biden's EO's did any of that. Production barely caught up with demand before Russia invaded Ukraine.

Yes, but we are talking about two years later when the gas spike happened under Xiden. No, they raised the quota in Jan 2021, as I mentioned, and provided numerous links showing. Actually, the 2021 end of year report found they met well beyond the monthly quote at 108 percent.

Why do you continue to lie, even in the fact of the reports?

 

[postman]

There was no supply issue, oil production was booming.

GDP was avg under Xiden....sure the first qtr looked good, but all it was, was people returning to their jobs

The real impact of Covid on GDP was Q1 and Q2 to Q3 in 2020...after that it was a normal climb for the most part Gross Domestic Product

Real GDP growth by quarter U.S. 2025| Statista

The U.S. economy grew slightly in the fourth quarter of 2025.

www.statista.com

There was no massive GDP growth in 2022 that would of caused any stress

The real impact of Covid on GDP was Q1 and Q2 to Q3 in 2020...after that it was a normal climb for the most part

Normal? 6%, 7%, 7% is normal growth?


The best Trump could do pre COVID was 4.1%

 

[postman]

Gas was $2.44 in Feb, , 2.23 in March and the lowest was in April at $1.84...then started going back up in May. This was no shock to to the system. Modest, gradual shift.

Haaaaaaa ! That's 60 cents not 40 cents. February to April

 

[Political-Junkie]

Gas was $2.44 in Feb, , 2.23 in March and the lowest was in April at $1.84...then started going back up in May. This was no shock to to the system. Modest, gradual shift.

2/1/2020 - $2.48
4/30/2020 - $1.77

 

[struth]

The real impact of Covid on GDP was Q1 and Q2 to Q3 in 2020...after that it was a normal climb for the most part

Normal? 6%, 7%, 7% is normal growth?


The best Trump could do pre COVID was 4.1%

he had 35.3 percent growth between Q2 to Q3 in 2020....https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/?srsltid=AfmBOoqEZFf8RAMK9E-3fFyGpKNFVgqljR1ZKhtDh0umC-VOp6HLMao1#google_vignette

That was the shock that should of caused the massive gas increase and shortage you are claiming

Try again