But I Thought Biden Had No Influence on Gas Prices

[Weatherman2020]

For two years all we heard from the Left was Joe had nothing to do with gas prices. Now it goes down a few cents and the Joe/Kamala circus is taking credit for the drop.

 

[pknopp]

He doesn't but if you were one who blamed the high prices on him you also have to give him credit for them coming down.

 

[Weatherman2020]

He doesn't but if you were one who blamed the high prices on him you also have to give him credit for them coming down.

Too bad we no longer have a National Emergency oil reserve. China noticed. China is ready to go to war with us now.

 

[konradv]

Too bad we no longer have a National Emergency oil reserve. China noticed. China is ready to go to war with us now.

Xi tell you that personally or were you placed here years ago to undermine morale?

 

[mudwhistle]

He doesn't but if you were one who blamed the high prices on him you also have to give him credit for them coming down.

A Democrat never passes up the opportunity to be a hypocrite.

Biden intentionally causes the price of gas to go up $3.00 and we're supposed to thank him for dropping the price 50 cents?

When journalists asked him how long prices would remain up his response was "As long as it takes!!" This is a transition after all....not an accident.

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[22lcidw]

He doesn't but if you were one who blamed the high prices on him you also have to give him credit for them coming down.

The real American economy and world economy is slowing down. The globalists are doing this. The people in less fortunate nations are suffering more and more now. We do not get all of the news because we are totalitarian. Amazing when you consider we have this great social media organism going.

 

[pknopp]

Too bad we no longer have a National Emergency oil reserve.

Yes we do but that is simply an attempt to avoid my point.

 

[OhPleaseJustQuit]

He doesn't but if you were one who blamed the high prices on him you also have to give him credit for them coming down.

 

[pknopp]

View attachment 676280

A Democrat never passes up the opportunity to be a hypocrite.

Biden intentionally causes the price of gas to go up $3.00 and we're supposed to thank him for dropping the price 50 cents?

When journalists asked him how long prices would remain up his response was "As long as it takes!!" This is a transition after all....not an accident.

​

Yours is a different argument. You are arguing he is responsible for bringing it down, just not far enough. I can comment on responses, but I can't make people understand them.

 

[mudwhistle]

Yours is a different argument. You are arguing he is responsible for bringing it down, just not far enough. I can comment on responses, but I can't make people understand them.

I don't think you even understand your own posts.
You're saying we should be happy about getting fucked in the ass, because after nearly 2 years of paying too much for everything,.....the fake president supplied us with some lube to make the anal shafting less painful, but only before an election.

 

[Maxdeath]

He doesn't but if you were one who blamed the high prices on him you also have to give him credit for them coming down.

Actually he does. If you stop oil leasing or you lower the amount of oil leases. If you help put unfavorable oil Policies in place you do have an effect on oil prices.
If you sell off oil from the strategic oil reserves to another hostile country you are actually not helping prices.
But few people actually understand

 

[Devils_Advocate]

Too bad we no longer have a National Emergency oil reserve. China noticed. China is ready to go to war with us now.

Seeing we are the largest producing oil country in the World, well then let China do it and let see how they do with only getting Russia oil!

 

[mudwhistle]

Actually he does. If you stop oil leasing or you lower the amount of oil leases. If you help put unfavorable oil Policies in place you do have an effect on oil prices.
If you sell off oil from the strategic oil reserves to another hostile country you are actually not helping prices.
But few people actually understand

No....if you increase the supply on the market you can lower the trading price.
It's not a coincidence that the price started going down as soon as he started selling our emergency supply of oil.

 

[Mac1958]

He doesn't but if you were one who blamed the high prices on him you also have to give him credit for them coming down.

These people don't. And won't. Honesty is equated with weakness in the orange universe.

 

[22lcidw]

Yours is a different argument. You are arguing he is responsible for bringing it down, just not far enough. I can comment on responses, but I can't make people understand them.

It is so obvious he is a familiar to globalist vampires. These men run before elections and then forget the citizens when in office. We are not the United States of America but more like a Globalist Socialist Province.

 

[Nuthin' Fancy]

The president doesn't control oil prices, not without negotiating, with a supplier.
Simple supply and demand, stuff.........................................................."capitalism"

 

[schmidlap]

For two years all we heard from the Left was Joe had nothing to do with gas prices.

You should stop listening to that "Left" that festers in your noggin.

Gasoline prices are largely at the mercy of global fluctuations in supply and demand, and America presidents have limited control.

How A President Can Impact Gasoline Prices​

Last week a friend from Uganda told me that gasoline prices have risen by 50% there. I asked him who the people blame. “Our President.” So, there you have it. Uganda’s President is behind the rise in gasoline prices.​

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[T]here are few handles the U.S. President has that can impact gasoline prices in the short term. In the longer term, lots of policies can impact supplies, and ultimately oil and gasoline prices. ​

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But in the short term, the President primarily has three options for impacting gasoline prices...​

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One is to declare war on a major oil-producing country.​

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The second way the President can impact gasoline prices it to push through a change in gasoline taxes. But this is unlikely. The federal gas tax is 18.4 cents a gallon and has not increased since 1993. Increasing it would be politically difficult, so this is a possible mechanism for increasing gasoline prices, but it isn’t a likely mechanism.​

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Unless the gas tax was reduced, the previous two examples would typically result in increases in gasoline prices. But there is one mechanism that can lower them. That is the one the President announced today: A release of crude oil from the Strategic Petroleum Reserve (SPR)... a release of SPR crude oil can have a short-term impact on gasoline prices, as long as the primary driver of higher prices is a shortage of crude oil. That is in fact the situation we have today... And, bear in mind that these releases have a downside. Unless the oil is replenished, they increase our risks of having insufficient supplies in the event of a true emergency.​

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How A President Can Impact Gasoline Prices

Today President Biden used one of the few methods he has available for curbing gasoline prices in the short term.

www.forbes.com

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If you are aware of other ways a U.S. president can control the price of gas, what are they?

 

[Paleman]

Too bad we no longer have a National Emergency oil reserve. China noticed. China is ready to go to war with us now.

The gas reserve may not be the only problem we are facing due to Biden's outright stupidity. He gave away billions of dollars worth of military equipment to the Taliban with his failed Afghanistan retreat. He has given many more billions of our military equipment to Ukraine. How much do we have left to fight a war against China or Russia? Has that fool weakened us to the point of being vulnerable to attack?

 

[surada]

Actually he does. If you stop oil leasing or you lower the amount of oil leases. If you help put unfavorable oil Policies in place you do have an effect on oil prices.
If you sell off oil from the strategic oil reserves to another hostile country you are actually not helping prices.
But few people actually understand

Obviously you don't.

 

[Harpy Eagle]

For two years all we heard from the Left was Joe had nothing to do with gas prices. Now it goes down a few cents and the Joe/Kamala circus is taking credit for the drop.

For two years all we heard from the Right was Joe had everything to do with gas prices. Now it goes down a 50 plus cents and the MAGA circus is giving him no credit for the drop.