Biden's statements and actions CAUSED highest inflation rate in the last 41 years...8.5%

[g5000]

BECAUSE they are the FACTS!!!
The oil industry figured that with Biden's guarantee to rid fossil fuels, they'd better make their profits while they can!
Very very stupid comments made by Biden like "I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”


What a way to give further excuse! This is what he could have said that would make all parties more comfortable..
“"We need to work with the fossil fuels industry to reduce Co2 emissions and the US government will be helping as we consider the fossil fuel industry a totally important building block of our economy"!
BUT NOOOO!!!
Biden goes on to tell oil industry no more drilling...there is no more drilling...I haven’t formed any new drilling.
So why antagonize oil industry UNLESS he's making bucks!!!

You keep posting this idiotic bullshit in the face of the fact that Biden approved more drilling than Trump or Obama. You keep posting this bullshit in the face of the fact oil production increased far more in Biden's first year than in Trump's first year with both of them beginning at the same level of oil production.

You clearly have no economic knowledge whatsoever. Inflation like we have had, and like the entire planet has had, has nothing to do with Biden.

You are a blazing idiot.

 

[healthmyths]

You keep posting this idiotic bullshit in the face of the fact that Biden approved more drilling than Trump or Obama. You keep posting this bullshit in the face of the fact oil production increased far more in Biden's first year than in Trump's first year with both of them beginning at the same level of oil production.

You clearly have no economic knowledge whatsoever. Inflation like we have had, and like the entire planet has had, has nothing to do with Biden.

You are a blazing idiot.

And you are ignorant. You provide not one shred of proof. So here is the proof that you are so f...king ignorant!

A) President Biden’s Interior Department leased 126,228 acres for drilling through Aug. 20, his first 19 months in office, the analysis found. No other president since Richard Nixon in 1969-70 leased out fewer than 4.4 million acres at this stage in his first term.

Federal Oil Leases Slow to a Trickle Under Biden

The Biden administration has leased fewer acres for drilling offshore and on federal land than any other administration in its early stages since World War II, according to a Wall Street Journal analysis.

www.wsj.com

B) In an effort to slow the nation's contribution to climate change, President Biden has signed an executive order to begin halting oil and gas leasing on federal lands and waters. The much-anticipated move is one of several executive actions the president took on Wednesday to address the worsening climate crisis and the broader decline of the natural world, but it won't come without pushback.

Biden Hits 'Pause' On Oil And Gas Leasing On Public Lands And Waters

The move is one of his more controversial campaign promises, and industry groups say they will sue. But it won't have much immediate impact on driving down climate-warming emissions.

www.npr.org

C) Here is the proof regarding oil drilling leases on Federal land

 

[g5000]

And you are ignorant. You provide not one shred of proof. So here is the proof that you are so f...king ignorant!

A) President Biden’s Interior Department leased 126,228 acres for drilling through Aug. 20, his first 19 months in office, the analysis found. No other president since Richard Nixon in 1969-70 leased out fewer than 4.4 million acres at this stage in his first term.

Federal Oil Leases Slow to a Trickle Under Biden

The Biden administration has leased fewer acres for drilling offshore and on federal land than any other administration in its early stages since World War II, according to a Wall Street Journal analysis.

www.wsj.com

B) In an effort to slow the nation's contribution to climate change, President Biden has signed an executive order to begin halting oil and gas leasing on federal lands and waters. The much-anticipated move is one of several executive actions the president took on Wednesday to address the worsening climate crisis and the broader decline of the natural world, but it won't come without pushback.

Biden Hits 'Pause' On Oil And Gas Leasing On Public Lands And Waters

The move is one of his more controversial campaign promises, and industry groups say they will sue. But it won't have much immediate impact on driving down climate-warming emissions.

www.npr.org

C) Here is the proof regarding oil drilling leases on Federal land
View attachment 750380

Um, dumbshit? This has all been debunked for you countless times. Yet you persist in your willful blindness and stupidity.

Amazing.

 

[healthmyths]

Um, dumbshit? This has all been debunked for you countless times. Yet you persist in your willful blindness and stupidity.

Amazing.

Well my "willful blindness" puts up proof! YOU just your totally UNINFORMED totally UNSUBSTANTIATED opinion!
Tell me if you think these numbers are made up by the Bureau of Land Management!
Go to this site: Programs: Energy and Minerals: Oil and Gas: Oil and Gas Statistics | Bureau of Land Management

 

[The5thHorseman]

It is the truth but of course your uber partisanship will not accept that as an answer. Everyone who doesn't agree with you is automatically a Fox News Hound.

No...

It's the song book.

 

[The5thHorseman]

Well my "willful blindness" puts up proof! YOU just your totally UNINFORMED totally UNSUBSTANTIATED opinion!
Tell me if you think these numbers are made up by the Bureau of Land Management!
Go to this site: Programs: Energy and Minerals: Oil and Gas: Oil and Gas Statistics | Bureau of Land Management
View attachment 750396

US oil and gas production is near record levels.

 

[healthmyths]

US oil and gas production is near record levels.

Prove it !!

 

[healthmyths]

Um, dumbshit? This has all been debunked for you countless times. Yet you persist in your willful blindness and stupidity.

Amazing.

even More amazing. NO F…King proof.

 

[The5thHorseman]

Prove it !!

On the condition that when I do so, you admit you're wrong.

 

[healthmyths]

On the condition that when I do so, you admit you're wrong.

You were right.... near record crude and natural gas set records.
Now if Biden hadn't endorsed these policies the gas prices would not be what they are today.

These twenty-five Biden administration policies are raising energy costs​

#1 and 2: Adopting new EPA oil and gas rules​

#3, #4, #5, #6, #7, and #8: Restricting or impeding energy projects​

and 17 more policies...​

25 Biden policies raising gas prices and other energy costs - Americans for Prosperity

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

americansforprosperity.org

And for a specific example of WHY gas prices are going up...
U.S. Will Never Build Another Oil Refinery, Chevron CEO Says
“My personal view is there will never be another new refinery built” on U.S. soil, said Wirth.
“You’re looking at committing capital 10 years out, that will need decades to offer a return for shareholders, in a policy environment where governments around the world are saying, ‘We don’t want these products.’”
www.theenergymix.com

https://www.eia.gov/petroleum/production/#ng-tab

 

[The5thHorseman]

You were right.... near record crude and natural gas set records.
Now if Biden hadn't endorsed these policies the gas prices would not be what they are today.

These twenty-five Biden administration policies are raising energy costs​

#1 and 2: Adopting new EPA oil and gas rules​

#3, #4, #5, #6, #7, and #8: Restricting or impeding energy projects​

and 17 more policies...​

25 Biden policies raising gas prices and other energy costs - Americans for Prosperity

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

americansforprosperity.org

And for a specific example of WHY gas prices are going up...
U.S. Will Never Build Another Oil Refinery, Chevron CEO Says
“My personal view is there will never be another new refinery built” on U.S. soil, said Wirth.
“You’re looking at committing capital 10 years out, that will need decades to offer a return for shareholders, in a policy environment where governments around the world are saying, ‘We don’t want these products.’”
www.theenergymix.com

https://www.eia.gov/petroleum/production/#ng-tab

View attachment 750526View attachment 750527

So, the bottom line is that you were wrong.

There are

International Ambition

Global and national politics..


and


Reality


Don't get them confused

 

[citygator]

This thread is ridiculous. The real inflation problem is republicans:

Key inflation cause: Republican policy

The inflation of 2021/2022 is undoubtably the result of key Republican policy failures specific to the workforce and oil pricing. These two Republican pressures behind the worldwide supply availability are the three direct causes of inflation. Mic drop. 1. Labor shortage - 3.5M deficit in...

www.usmessageboard.com

 

[otto105]

When Biden was running for president, he promised to shut down oil producers: “No ability for the oil industry to continue to drill, period.” He pledged to put the country on “an irreversible” path toward “doing away with” fossil fuels.

Gas prices too high? It’s all part of Biden’s plan to eliminate fossil fuels

If you think gas prices are high now, just wait.

nypost.com

When that statement was made along with this one: I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”


When Biden was running for president, he promised to shut down oil producers: “No ability for the oil industry to continue to drill, period.” He pledged to put the country on “an irreversible” path toward “doing away with” fossil fuels.

Gas prices too high? It’s all part of Biden’s plan to eliminate fossil fuels

If you think gas prices are high now, just wait.

nypost.com

The oil industry took him at his word and began RAISING prices of gas... proof?
BIDEN ADMINISTRATION STOKING HIGHER ENERGY PRICES WITH OIL AND GAS CRACKDOWN, JEC ANALYSIS SHOWS

The RSC’s memo lists 81 actions Biden’s administration took that weakened domestic energy protection, starting with the Day 1 Climate Change Executive Order to review and revoke President Trump’s deregulation of energy rules.

Biden keeping his promise to âend fossil fuelâ increased gas prices, RSC memo shows

President Biden acted on his campaign promise to “end fossil fuel” – and the result has been skyrocketing gas prices, an influential Republican committee claims in a memo obtained by Fox Business.

www.foxbusiness.com

inflation 2010 2.2%
inflation lowest 2020 1.4%
Inflation 2022 8.5%

US Inflation Rate by Year: 1929-2023

The U.S. inflation rate by year is the percentage of change in prices from one year to the next. It responds to business cycle phases and interest rates.

www.thebalancemoney.com

An increase of over 81% in 2 years and highest in 41 years!
So... almost every American that drives has seen the effect of the above Biden statements.
But US firms have less incentive to produce more oil while facing heavy regulations – meaning they’re more likely to leave the oil in the ground and drill in the future when prices are higher, says Benjamin Zycher of the American Enterprise Institute. He contends under the “Green New Deal” regulatory environment, the atmosphere in Washington is decidedly anti-oil.

Why Biden energy policies have contributed to surging oil prices

If President Joe Biden came out forcefully on the side of increasing US oil production, the price of a barrel could fall quickly, experts told The Post — even if it takes a while to bring that new …

nypost.com

A statement causes inflation?


Do you drive the clown car?

 

[healthmyths]

A statement causes inflation?


Do you drive the clown car?

How do you think supermarkets get their supplies? Trucks. Trucks use diesel fuel. Price of Diesel fuel ..
When Trump took office.. $2.58/gal when left office 12/2020 $2.58 zero no increase!
Biden Took office $2.681... Biden as of 01/2023... $4.576.... $1.90 Increase in cost or 70.7% MORE and you don't think that increase in
cost is passed on to the supermarkets by the trucks hauling your food? Really you don't think the oil companies took this as their
opportunity to RAISE their prices?

Biden keeping his promise to ‘end fossil fuel’ increased gas prices, RSC memo shows​

Biden keeping his promise to âend fossil fuelâ increased gas prices, RSC memo shows

President Biden acted on his campaign promise to “end fossil fuel” – and the result has been skyrocketing gas prices, an influential Republican committee claims in a memo obtained by Fox Business.

www.foxbusiness.com

U.S. No 2 Diesel Retail Prices (Dollars per Gallon)

 

[Rye Catcher]

CPI-U was -0.1% in December 2022.

Oops.

This propaganda is about 6 months out of date.

How do you think supermarkets get their supplies? Trucks. Trucks use diesel fuel. Price of Diesel fuel ..
When Trump took office.. $2.58/gal when left office 12/2020 $2.58 zero no increase!
Biden Took office $2.681... Biden as of 01/2023... $4.576.... $1.90 Increase in cost or 70.7% MORE and you don't think that increase in
cost is passed on to the supermarkets by the trucks hauling your food? Really you don't think the oil companies took this as their
opportunity to RAISE their prices?

Biden keeping his promise to ‘end fossil fuel’ increased gas prices, RSC memo shows​

Biden keeping his promise to âend fossil fuelâ increased gas prices, RSC memo shows

President Biden acted on his campaign promise to “end fossil fuel” – and the result has been skyrocketing gas prices, an influential Republican committee claims in a memo obtained by Fox Business.

www.foxbusiness.com

U.S. No 2 Diesel Retail Prices (Dollars per Gallon)

View attachment 754895

Greed, Grifters and The FED:

The Federal Reserve Explained - USAFacts

The US central bank is holding record high assets to keep the economy afloat during the COVID-19 pandemic.

usafacts.org

There are efforts by the Biden Administration to protect We the People, and yet those (Greed, Grifters) have profits and We the People suffer.

 

[The5thHorseman]

How do you think supermarkets get their supplies? Trucks. Trucks use diesel fuel. Price of Diesel fuel ..
When Trump took office.. $2.58/gal when left office 12/2020 $2.58 zero no increase!
Biden Took office $2.681... Biden as of 01/2023... $4.576.... $1.90 Increase in cost or 70.7% MORE and you don't think that increase in
cost is passed on to the supermarkets by the trucks hauling your food? Really you don't think the oil companies took this as their
opportunity to RAISE their prices?

Biden keeping his promise to ‘end fossil fuel’ increased gas prices, RSC memo shows​

Biden keeping his promise to âend fossil fuelâ increased gas prices, RSC memo shows

President Biden acted on his campaign promise to “end fossil fuel” – and the result has been skyrocketing gas prices, an influential Republican committee claims in a memo obtained by Fox Business.

www.foxbusiness.com

U.S. No 2 Diesel Retail Prices (Dollars per Gallon)

View attachment 754895

Seriously, you're a rube.

Diesel was expensive because refining capacity has fallen, post Covid.

 

[healthmyths]

Rube..".a country bumpkin."

YOU ARE RIGHT!!!! refining capacity has fallen. And here is why!
“As a refinery, are you willing to invest hundreds of millions of dollars in capital expenditures to extend the life of the refinery by 30 to 40 years in an environment where fossil fuel demand has plateaued and government and state policies have been enacted to reduce demand?”
Lipow said, laying out the conundrum refinery managers face as they look to the future.

The loss of US refining capacity is helping drive record diesel prices — and it probably won't improve anytime soon

The decline in U.S. refining capacity is a key factor in why diesel prices have gone up so much, according to experts.

www.freightwaves.com

And who has told them this?
Biden's guarantee that as a government and state policies have been enacted to reduce demand?” ..
"I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM

And you think prices are high now?
Question for you.. EPA projects 67% of new cars (by the way no mention of trucks..) by 2032 be EVs.
This will add 17 million EVs each using .25 kWh per mile that average 14,000 miles a year or about 60 billion additional kWh.
The average power plant produces 383 million kWh a year or divide 60 billion kWh by 383 million means 153 new power plants at a cost of $1,661/kWh to build or $97,458,096,333,312 which is about 4 times our GDP of $25 trillion!
Where will that come from? Oh and Trucks... 5,498,953 new EVs each using 2 kWh/mile traveling 45,000 miles a year or requiring 494,905,767,183 kWh..
again at a construction cost of $1,661 per kWh or.. $822,038,479,290,886 yup that's $822 trillion in new power plant construct... BUT wait it gets even worse!
Remember Biden wants to "rid fossil fuels" of which 61% of our current 4.2 Trillion kWh comes from fossil fuel power plants.
61% X 4.2 trillion or 2,586,400,000,000 kWh this dummy wants to get rid of! At a cost of $1,661/kWh or $4,296,010,400,000,000 (That's $4.26 quadrillion)!
All because Biden wants to "rid fossil fuels" at a cost of $5 quadrillion!

RUBE!!!!

 

[The5thHorseman]

Rube..".a country bumpkin."

YOU ARE RIGHT!!!! refining capacity has fallen. And here is why!
“As a refinery, are you willing to invest hundreds of millions of dollars in capital expenditures to extend the life of the refinery by 30 to 40 years in an environment where fossil fuel demand has plateaued and government and state policies have been enacted to reduce demand?”
Lipow said, laying out the conundrum refinery managers face as they look to the future.

The loss of US refining capacity is helping drive record diesel prices — and it probably won't improve anytime soon

The decline in U.S. refining capacity is a key factor in why diesel prices have gone up so much, according to experts.

www.freightwaves.com

And who has told them this?
Biden's guarantee that as a government and state policies have been enacted to reduce demand?” ..
"I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM

And you think prices are high now?
Question for you.. EPA projects 67% of new cars (by the way no mention of trucks..) by 2032 be EVs.
This will add 17 million EVs each using .25 kWh per mile that average 14,000 miles a year or about 60 billion additional kWh.
The average power plant produces 383 million kWh a year or divide 60 billion kWh by 383 million means 153 new power plants at a cost of $1,661/kWh to build or $97,458,096,333,312 which is about 4 times our GDP of $25 trillion!
Where will that come from? Oh and Trucks... 5,498,953 new EVs each using 2 kWh/mile traveling 45,000 miles a year or requiring 494,905,767,183 kWh..
again at a construction cost of $1,661 per kWh or.. $822,038,479,290,886 yup that's $822 trillion in new power plant construct... BUT wait it gets even worse!
Remember Biden wants to "rid fossil fuels" of which 61% of our current 4.2 Trillion kWh comes from fossil fuel power plants.
61% X 4.2 trillion or 2,586,400,000,000 kWh this dummy wants to get rid of! At a cost of $1,661/kWh or $4,296,010,400,000,000 (That's $4.26 quadrillion)!
All because Biden wants to "rid fossil fuels" at a cost of $5 quadrillion!

RUBE!!!!

I'm being very sincere when I say this


You should get a legal guardian.

 

[otto105]

Rube..".a country bumpkin."

YOU ARE RIGHT!!!! refining capacity has fallen. And here is why!
“As a refinery, are you willing to invest hundreds of millions of dollars in capital expenditures to extend the life of the refinery by 30 to 40 years in an environment where fossil fuel demand has plateaued and government and state policies have been enacted to reduce demand?”
Lipow said, laying out the conundrum refinery managers face as they look to the future.

The loss of US refining capacity is helping drive record diesel prices — and it probably won't improve anytime soon

The decline in U.S. refining capacity is a key factor in why diesel prices have gone up so much, according to experts.

www.freightwaves.com

And who has told them this?
Biden's guarantee that as a government and state policies have been enacted to reduce demand?” ..
"I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM

And you think prices are high now?
Question for you.. EPA projects 67% of new cars (by the way no mention of trucks..) by 2032 be EVs.
This will add 17 million EVs each using .25 kWh per mile that average 14,000 miles a year or about 60 billion additional kWh.
The average power plant produces 383 million kWh a year or divide 60 billion kWh by 383 million means 153 new power plants at a cost of $1,661/kWh to build or $97,458,096,333,312 which is about 4 times our GDP of $25 trillion!
Where will that come from? Oh and Trucks... 5,498,953 new EVs each using 2 kWh/mile traveling 45,000 miles a year or requiring 494,905,767,183 kWh..
again at a construction cost of $1,661 per kWh or.. $822,038,479,290,886 yup that's $822 trillion in new power plant construct... BUT wait it gets even worse!
Remember Biden wants to "rid fossil fuels" of which 61% of our current 4.2 Trillion kWh comes from fossil fuel power plants.
61% X 4.2 trillion or 2,586,400,000,000 kWh this dummy wants to get rid of! At a cost of $1,661/kWh or $4,296,010,400,000,000 (That's $4.26 quadrillion)!
All because Biden wants to "rid fossil fuels" at a cost of $5 quadrillion!

RUBE!!!!

Ah, the party of small hands is at full luster.

 

[healthmyths]

Ah, the party of small hands is at full luster.

At least we aren't people that are known for playing with....