For those of you who think Biden is in control of the price of oil, well..

[Winco]

Since you seemed to be confused as to how this Potatohead jerkoff has fucked this country with the price of energy I'll educated you.

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

Post something from a legit site.
Not some opinion piece.

 

[Winco]

Joe Potatohead has a history of lying.

However, he didn't lie when he told his Environmental Wacko buddies that he was going to curtail drilling in the US, did he?

Can you specifically tell us which oil producing rigs in the US under the trump administration have been shut down and no longer produce oil under the Biden administration?

Why can't Flash answer the ^^^^ question?

 

[LeftofLeft]

Kiss the ring, coddle the Glowing Orbs, whatever. SOP for the nation that has been oil dependent since the 1950's.

View attachment 660910

What viable economy has NOT been oil dependent? You people hate it so much, bring an alternative that can replace oil WITHOUT compromising the US economy.

 

[lantern2814]

It must be pretty pathetic to constantly rely on lying to make arguments because you know the facts can't....

Can you provide the data that shows inflation wasn't already a thing in early 2021??


Are you dumb enough to think that all policy decisions made by the previous admin stops having an effect the minute a new president wins?? Inflation started ramping up in Jan 2021....

View attachment 660848

Here is the inflation data in Japan.....again, it starts to rise up in the beginning of 2021...

View attachment 660849
In Poland...same thing.....

View attachment 660850
In other words, it is a global thing....just like the whole COVID shut down was a global thing..and gas prices plummeted.....you can't whine about the economy and not know how the **** inflation works...

Another moron claiming it’s a “worldwide problem”. Funny it wasn’t a problem until Chief Shitshispants started screwing things up. How come everybody doesn’t have the sky high inflation we do? News flash, you morons own this and it’s going to lead to a Republican tsunami I never November

 

[Winco]

Waiting for Flash to answer my question.

 

[Deplorable Yankee]

....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!

 

[HandleTheTruth]

....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'm at the republicans right now.

 

[berg80]

Oil prices fell 2% in early trade on Thursday, extending losses from the previous day, as investors worried that aggressive U.S. interest rate hikes could trigger a recession and dent fuel demand.

U.S. West Texas Intermediate (WTI) crude futures fell $2.39, or 2.3%, to $103.80 a barrel by 0031 GMT. Brent crude futures dropped $2.24, or 2.0%, to $109.50 a barrel.

Both benchmarks tumbled around 3% on Wednesday to hit their lowest levels since mid-May.

Investors are continuing to assess how worried they need to be about central banks potentially pushing the world economy into recession as they attempt to curb inflation with interest rate increases.

Oil prices slump as investors fear Fed rate hikes will hurt demand

Oil prices dropped on Thursday after another round of remarks from Fed Chair Jerome Powell fanned worries U.S. interest rate hikes would slow economic growth.

www.cnbc.com

Repubs try never to let the facts get in the way of a good lie.

 

[Mac-7]

Oil prices fell 2% in early trade on Thursday, extending losses from the previous day, as investors worried that aggressive U.S. interest rate hikes could trigger a recession and dent fuel demand.

U.S. West Texas Intermediate (WTI) crude futures fell $2.39, or 2.3%, to $103.80 a barrel by 0031 GMT. Brent crude futures dropped $2.24, or 2.0%, to $109.50 a barrel.

Both benchmarks tumbled around 3% on Wednesday to hit their lowest levels since mid-May.

Investors are continuing to assess how worried they need to be about central banks potentially pushing the world economy into recession as they attempt to curb inflation with interest rate increases.

Oil prices slump as investors fear Fed rate hikes will hurt demand

Oil prices dropped on Thursday after another round of remarks from Fed Chair Jerome Powell fanned worries U.S. interest rate hikes would slow economic growth.

www.cnbc.com

Repubs try never to let the facts get in the way of a good lie.

This is great news

Biden’s plan to take our mind off high gasoline prices is to hit us with a massive recession

What a genius

 

[Billiejeens]

Why?

Because its just liberal bs

The world needs energy

Only the oil companies can produce and deliver the oil we need to live

When you put complete morons like biden and AOC in charge of energy policy we get the high prices we have today

And those high prices are going to trigger a recession that will punish average Americans

It's science.

 

[Lesh]

Another filthy liar. 2 dollars a gallon when your senile scumbag took over.

By the time Biden took office gas had already climbed to 2.50/gal and was going up BECAUSE THE ECONOMY WAS RCOVERING

 

[BlindBoo]

What viable economy has NOT been oil dependent? You people hate it so much, bring an alternative that can replace oil WITHOUT compromising the US economy.

So, feelings notwithstanding, you do understand why most all presidents since OPEC gained power have used the bully pulpit to ask for increases and decreases in production to help stabilize oil prices.

 

[LeftofLeft]

So, feelings notwithstanding, you do understand why most all presidents since OPEC gained power have used the bully pulpit to ask for increases and decreases in production to help stabilize oil prices.

I understand it and have seen even the most pro-oil Presidents lobby OPEC. What is more obvious though is that OPEC and other oil producing states that export to the US will produce based on what the US is producing and look to the future to see how favorable the US government will be towards its own oil production companies. Increased costs, regulations, and limitations levied at US oil puts more leverage in the hands of an oil nation state. A viable alternative would substantially impact global production and pricing as well more favorably for the US.

 

[BlindBoo]

I understand it and have seen even the most pro-oil Presidents lobby OPEC. What is more obvious though is that OPEC and other oil producing states that export to the US will produce based on what the US is producing and look to the future to see how favorable the US government will be towards its own oil production companies. Increased costs, regulations, and limitations levied at US oil puts more leverage in the hands of an oil nation state. A viable alternative would substantially impact global production and pricing as well more favorably for the US.

The post you cited was in response to "Thats why Biden is going over the kiss the Saudi ring and beg for more oil production."

 

[sartre play]

Not a fair trade, gas prices were low mostly due to low consumption because of virus. Gas prices in U S are set by a group of Wall Street traders, look it up. There is plenty blame to pass around its Never just one person.

 

[Mac-7]

Not a fair trade, gas prices were low mostly due to low consumption because of virus. Gas prices in U S are set by a group of Wall Street traders, look it up. There is plenty blame to pass around its Never just one person.

Normally yes

Bit joe biden is almost exclusively to blame for high gasoline prices today

He will go down in history as the worst president in 100 years before and maybe 100 years after

Mac1958 must be so proud

 

[sartre play]

No one person is EXCLUSIVELY responsible for anything. others must either ignore or support a situation. We are not suppose to have a KING in our country. Political party's are suppose to work together for the betterment of the country. Not work for party rule over reality.

 

[LeftofLeft]

The post you cited was in response to "Thats why Biden is going over the kiss the Saudi ring and beg for more oil production."

After he has pushed policies that increase regulations, costs, and limitations for oil companies. Big difference when you have pushed pro oil policies or at least left the oil companies alone.

 

[BlindBoo]

After he has pushed policies that increase regulations, costs, and limitations for oil companies. Big difference when you have pushed pro oil policies or at least left the oil companies alone.

How do those policies effect Saudi Arabia's and OPEC+ production numbers?

 

[LeftofLeft]

How do those policies effect Saudi Arabia's and OPEC+ production numbers?

Who has greater leverage when a President has pushed an overall restrictive domestic oil policy? If you are OPEC, how and why should you increase output in this scenario vs. a President who has a less restrictive policy? More restrictive policies will naturally push OPEC to limit supply.