berg80
Diamond Member
- Oct 28, 2017
- 20,797
- 17,406
- 2,320
....it's down about $20 from the recent peak so I have no doubt you folks will be singing Joe's praises (wink) for bringing the price down. In reality, the drop is based on the belief, by the market, an anticipated global recession will result in demand destruction. Meaning the price of oil is set globally based on expectations for supply/demand dynamics largely out of Biden's control.
I think most Repubs know that but couldn't resist the opportunity to pin the blame for gas prices on the guy in the Oval Office with the midterms coming up. And it worked!
I think most Repubs know that but couldn't resist the opportunity to pin the blame for gas prices on the guy in the Oval Office with the midterms coming up. And it worked!