so your statement about maintenance cost and problems effects the whole industry. Yeah funny they all had the same problem in different countries. Sorry wrong it was due to not enough on the market when people started to travel again as they cut production and had to restart again which takes time. Thus again that why he released more oil on the market to stabilize it now. This is a market that changes based on a lot of factors. To effect the whole market then it has to be something global.
simple graph Biden releases reserves in late Oct
price has dropped and I can get it now for under 2.90 where I am at.
| Date | Value |
|---|
| December 26, 2022 | 3.203 |
| December 19, 2022 | 3.234 |
| December 12, 2022 | 3.353 |
| December 05, 2022 | 3.504 |
| November 28, 2022 | 3.649 |
| November 21, 2022 | 3.763 |
| November 14, 2022 | 3.876 |
| November 07, 2022 | 3.909 |
| October 31, 2022 | 3.857 |
| October 24, 2022 | 3.887 |
file:///C:/Users/h/Downloads/US%20Retail%20Gas%20Price.html
Inflation, yeah all those guys with their large trucks were still using them when gas was crazy. People still have to get to work or drive it that what they do when working. IF you have the money you paid the price that was posted.
in the beginning they restricted their driving because of Covid 19 being spread not just because their is inflation. COVID 19 had an effect on inflation as it not only effects gas prices but a whole lot of other stuff.
He sold the oil to stabilize the prices that why for Christmas and new years people are hitting the roads like I said depending on where you go you can get gas for under 2.90. That what he did . If you think that he did it for political purposes well that may be part of it but I am still paying 2.90 for gas. Thus if you had the money could travel home and still have money to spend on presents.
He did if for politics is what republicans would thing. Still I bet a lot of them went home for Christmas and had money to spend on presents instead of high gas prices. Sometimes it not about the motive but doing the right thing. If he scores political points well its only with the group that supports him. The hard opposition will give him no credit. Its the middle roaders that have an open mind.