Inflation rate maybe down... but down from what?

[healthmyths]

Trump’s policies towards US energy companies were far more favorable compared to Biden-Harris. So, what do you think reflects more foreign oil independence:

- Trump asking foreign oil nations to cut production

- Biden asking foreign nations to produce more.

The answer can be found in price.

I know many of you have seen this BUT consider the FACT that Biden Guaranteed that
"I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019,


Think about it! This statement is one of many ACTIONS by Biden to destroy fossil fuels.
How about this executive order by Biden!
President Biden Outlines Target of 50% Electric Vehicle Sales Share in 2030 to Unleash Full Economic Benefits of Build Back Better Agenda and Advance Smart Fuel Efficiency and Emission Standards

FACT SHEET: President Biden Announces Steps to Drive American Leadership Forward on Clean Cars and Trucks | The White House

President Biden Outlines Target of 50% Electric Vehicle Sales Share in 2030 to Unleash Full Economic Benefits of Build Back Better Agenda and Advance

www.whitehouse.gov

As a consequence this has driven the price of gas/diesel fuel up which affects ALL Americans directly and indirectly for goods/services that use gas/diesel.
As the CEO of Chevron, Mike Wirth's said...
"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.’”

Bloomberg - Are you a robot?

So guess what? Oil refineries raise their prices, which raises prices to the consumers.

 

[AntonToo]

What is a "historic recession"... the one caused by Obama's 1995

Seriously? You want to respond to that post with blaming 2008 recession on Obama...how fucking damaged in the head can you be?

Let me know when you get over your A.D.D. and want to actually refute that it's stupid to include a recession in inflation comparisons.

 

[AntonToo]

I know many of you have seen this BUT consider the FACT that Biden Guaranteed that
"I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019,

We've now had four years of actual Biden policies and a conclusion to his presidency, so when are you going to stop posting this bs video about something Biden told to a little boy? Are you going to keep posting it after Biden is dead too?

 

[Thinker101]

You are an innumerate ass and a liar.

4.11% times four years is not 113%, idiot.

And here is the lie of omission you lying liars always commit. You deliberately avoid the fact wages have risen faster than inflation.

Inflation vs. wages: How rising prices stack up against growing pay

Since February 2020, the Consumer Price Index has climbed a cumulative 20.8%, according to Bureau of Labor Statistics data. Over that same period, average hourly earnings rose 22.3%


As for the rest of your post, it's your same tired bullshit about oil production I have thoroughly debunked countless times.

Why do you keep pushing what you know is bullshit?

4.11% is how much of an increase from 1.93%....dumbass.

 

[healthmyths]

So...if Biden is going to end fossil fuels, why did oil production in the US increease every year of his presidency, with the all time record for domestic oil production being under Biden?

View attachment 1027152

Pretty f...king SIMPLE Thanks to Trump signing more Federal leases and here are the FACT!
FACT:
It can take between four and 10 years between issuing a lease to producing oil, according to the Bureau of Ocean Energy Management.

https://www.reuters.com/markets/commodities/us-plans-sharp-reduction-offshore-oil-gas-auctions-2023-09-29/#:~:text=The%20Gulf%20of%20Mexico%20accounts,Bureau%20of%20Ocean%20Energy%20Management.

So what you are seeing with Biden's taking credit is Trump signing more leases and they are now in production. Biden on the other hand has signed fewer leases and that will mean less oil production from Federal lands which according to the experts.
Oil production from federal leases accounts for about 24% of the total oil produced in the United States.
How Much Would Expanding Federal Oil and Gas Leasing Increase Global Carbon Emissions?.

 

[IDIOCRACY]

Like fuck its down. And to think they raised interest rates to ensure inflation is progressive.

 

[g5000]

divide 1.93%/2.18% equals..113% INCREASE!! Isn't that simple enough?

Listen, idiot. That's not how it works.

IT's 2.18 - 1.93 for a total increase of 250 basis points.

And Trump's 1.93 percent inflation is because it went NEGATIVE for a while because of HIS idiocy.

 

[g5000]

Says a slow brained person who hardly ever provides FACTS! Totally ignorant of how to use the Internet, which by the way I created web pages in the late 1990s when there were only 45 million internet users...worldwide!
So please pay no attention to Slow horse!

Any moron could make web pages back then. And did.

 

[g5000]

Pretty f...king SIMPLE Thanks to Trump signing more Federal leases and here are the FACT!

Here is a FACT you continually and deliberately ignore:

​

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%​

New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.

Nearly 2,000 of the drilling permits were approved on public lands administered by the Bureau of Land Management’s New Mexico office-, followed by 843 in Wyoming, 285 in Montana and North Dakota, and 191 in Utah. In California, the Biden administration approved 187 permits — more than twice the 71 drilling permits Trump approved in that state in his first year.



Here is yet another FACT you continually and deliberately ignore:

U.S. Oil Production Hits Record High, Set to Remain Dominant​

And still another FACT you continually and deliberately ignore:

​

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

So, basically, no matter how large your walls of BULLSHIT get, they cannot hide the FACT you are a LIAR.

 

[AntonToo]

Like fuck its down.

...do you have eyes?

 

[healthmyths]

Here is a FACT you continually and deliberately ignore:

​

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%​

New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.

Nearly 2,000 of the drilling permits were approved on public lands administered by the Bureau of Land Management’s New Mexico office-, followed by 843 in Wyoming, 285 in Montana and North Dakota, and 191 in Utah. In California, the Biden administration approved 187 permits — more than twice the 71 drilling permits Trump approved in that state in his first year.



Here is yet another FACT you continually and deliberately ignore:

U.S. Oil Production Hits Record High, Set to Remain Dominant​

And still another FACT you continually and deliberately ignore:

​

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

So, basically, no matter how large your walls of BULLSHIT get, they cannot hide the FACT you are a LIAR.

FACTS...
The reason for the fast pace of approvals is that the BLM streamlined the permit application process under Trump. Between May 2016 and June 2019, permit application review times dropped from an average of 196 days to 94 days, according to the Government Accountability Office.

“The Biden administration came into office benefiting from standards implemented by the previous administration to improve the efficiency of permitting approvals,” Megan Barnett Bloomgren, a former Department of Interior official, now at the American Petroleum Institute, wrote in a blog post last November. “A running start, if you will.” Bloomgren also noted that the pace of federal drilling permits slowed in 2022, compared with 2021.

Biden granted more oil and gas drilling permits than Trump in his first 2 years in office

Data from the Bureau of Land Management shows that President Biden approved more oil and gas drilling permits in his first two years in office than former President Donald Trump.

www.yahoo.com

 

[RoshawnMarkwees]

FACTS...
The reason for the fast pace of approvals is that the BLM streamlined the permit application process under Trump. Between May 2016 and June 2019, permit application review times dropped from an average of 196 days to 94 days, according to the Government Accountability Office.

“The Biden administration came into office benefiting from standards implemented by the previous administration to improve the efficiency of permitting approvals,” Megan Barnett Bloomgren, a former Department of Interior official, now at the American Petroleum Institute, wrote in a blog post last November. “A running start, if you will.” Bloomgren also noted that the pace of federal drilling permits slowed in 2022, compared with 2021.

Biden granted more oil and gas drilling permits than Trump in his first 2 years in office

Data from the Bureau of Land Management shows that President Biden approved more oil and gas drilling permits in his first two years in office than former President Donald Trump.

www.yahoo.com

Propaganda and lies.
Gas prices spiked a year before Russia invaded Ukraine and it was directly because of Biden energy policy and EO’s.
The price doubled in February of 2021 because of Biden energy policy.
Just like when the price more than doubled as soon as Obama came into office and reimposed restrictions that had been lifted the September before his election.

Biden suspends oil and gas leasing in slew of executive actions on climate change

Biden's orders will halt oil and natural gas leases on public lands and waters in an effort to curb planet-warming carbon emissions.

www.cnbc.com

 

[healthmyths]

Don't you get ever tired of pushing these lies?

​

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%​

New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.

Nearly 2,000 of the drilling permits were approved on public lands administered by the Bureau of Land Management’s New Mexico office-, followed by 843 in Wyoming, 285 in Montana and North Dakota, and 191 in Utah. In California, the Biden administration approved 187 permits — more than twice the 71 drilling permits Trump approved in that state in his first year.

In other news:

U.S. Oil Production Hits Record High, Set to Remain Dominant​

FACTS...
The reason for the fast pace of approvals is that the BLM streamlined the permit application process under Trump.
Between May 2016 and June 2019, permit application review times dropped from an average of
196 days to 94 days, according to the Government Accountability Office.

“The Biden administration came into office benefiting from standards implemented by the previous administration to improve the efficiency of permitting approvals,” Megan Barnett Bloomgren, a former Department of Interior official, now at the American Petroleum Institute, wrote in a blog post last November. “A running start, if you will.”
Bloomgren also noted that the pace of federal drilling permits slowed in 2022, compared with 2021.

Biden granted more oil and gas drilling permits than Trump in his first 2 years in office

Data from the Bureau of Land Management shows that President Biden approved more oil and gas drilling permits in his first two years in office than former President Donald Trump.

www.yahoo.com

 

[g5000]

FACTS...
The reason for the fast pace of approvals is that the BLM streamlined the permit application process under Trump.
Between May 2016 and June 2019, permit application review times dropped from an average of
196 days to 94 days, according to the Government Accountability Office.

“The Biden administration came into office benefiting from standards implemented by the previous administration to improve the efficiency of permitting approvals,” Megan Barnett Bloomgren, a former Department of Interior official, now at the American Petroleum Institute, wrote in a blog post last November. “A running start, if you will.”
Bloomgren also noted that the pace of federal drilling permits slowed in 2022, compared with 2021.

Biden granted more oil and gas drilling permits than Trump in his first 2 years in office

Data from the Bureau of Land Management shows that President Biden approved more oil and gas drilling permits in his first two years in office than former President Donald Trump.

www.yahoo.com

Thank you for FINALLY admitting Joe Biden did not try to kill oil production!

It hope this is, at last, the final time you will start your monthly topics claiming otherwise.

 

[healthmyths]

Wow. That's about as stupid as it gets.

Percentage Calculator

This free percentage calculator computes a number of values involving percentages, including the percentage difference between two given values.

www.calculator.net

So you don't take my word for it... what about a "percentage calculator?
2.18% "biden's increase" Divided by 1.93% Trump's is 112%

 

[healthmyths]

what is your point?

This the same thing that happens after every bout of inflation.

WHAT SAME THING happens????
Inflation goes up... because that's what happened with Biden!
Now again... Trump average inflation rate for 4 years... 1.93%
Biden's average inflation rate for 4 years..4.11%
Increase from Trump's average of 1.93% by Biden's 4.11% is hmmm 2.18% INCREASE under Biden!
So what was the % increase to 4.11% of 2.18% ? Divide 2.18% increase by 1.93% and guess what?
113% INCREASE!!
Do you still not get it?
Under Trump the average inflation rate for his 4 years was 1.93%
Under Biden his average inflation was 4.11% or 2.18% HIGHER that Trump.
HOW MUCH HIGHER???? 113%... divide 2.18% increase due to Biden by 1.93% of Trump and it
is 113% higher than Trump's. VERY VERY SIMPLE MATH!

 

[healthmyths]

We are discussing your helter skelter facts.

Almost all economic recession results in prices falling.

That's because supply exceeds demand. in 2020, Trump's mismanagement led to an economic slowdown that hurt everybody. He is not to be acclaimed for hurting people. He is not to be acclaimed for lowering prices because Trump screwed up.

Now again... Trump average inflation rate for 4 years... 1.93%
Biden's average inflation rate for 4 years..4.11%
Increase from Trump's average of 1.93% by Biden's 4.11% is hmmm 2.18% INCREASE under Biden!
So what was the % increase to 4.11% of 2.18% ? Divide 2.18% increase by 1.93% and guess what?
113% INCREASE!!
Simple WHICH President had the higher average inflation rate for 4 years???
Is 4.11% a bigger % than 1.93%?

GEEZ why is this so hard to agree to? The arithmetic is simple.
Biden's 4.11% average for 4 years is 113% HIGHER than Trump's average for 4 years of 1.93%!

 

[John Edgar Slow Horses]

healthmyths, none of that matters in and of itself.

The cause was Trump's mismanagement of the Covid response.

 

[healthmyths]

healthmyths, none of that matters in and of itself.

The cause was Trump's mismanagement of the Covid response.

AGAIN not one single shred of proof of Trump's mismanagement!
Now for the FACTS!!!

Why Trump's Operation Warp Speed is credited with helping race for COVID-19 vaccine
Experts agree that the Trump administration's Operation Warp Speed played a significant role in Moderna's development of a potential vaccine
Operation Warp Speed, a Trump administration initiative to manufacture COVID-19 vaccines as fast as possible, should be lauded as a successful endeavour in what has otherwise been a poor effort to deal with the coronavirus, experts say.

"No doubt, Operation Warp Speed is a huge success," said Tinglong Dai, associate professor of Operations Management and Business Analytics at Johns Hopkins University Carey Business School in Baltimore.
"You can like or hate the Trump administration, but no doubt, it's a huge success — unprecedented success."

https://www.cbc.ca/news/health/operation-warp-speed-trump-pfizer-moderna-vaccine-1.5806820

So Dumb ASS!!! Where is YOUR PROOF of "Trump's mismanagement"?
Of course dummies like you that make stupid unsubstantiated comments won't admit it because of your peabrain!

 

[John Edgar Slow Horses]

AGAIN not one single shred of proof of Trump's mismanagement!
Now for the FACTS!!!

Why Trump's Operation Warp Speed is credited with helping race for COVID-19 vaccine
Experts agree that the Trump administration's Operation Warp Speed played a significant role in Moderna's development of a potential vaccine
Operation Warp Speed, a Trump administration initiative to manufacture COVID-19 vaccines as fast as possible, should be lauded as a successful endeavour in what has otherwise been a poor effort to deal with the coronavirus, experts say.

"No doubt, Operation Warp Speed is a huge success," said Tinglong Dai, associate professor of Operations Management and Business Analytics at Johns Hopkins University Carey Business School in Baltimore.
"You can like or hate the Trump administration, but no doubt, it's a huge success — unprecedented success."

https://www.cbc.ca/news/health/operation-warp-speed-trump-pfizer-moderna-vaccine-1.5806820

So Dumb ASS!!! Where is YOUR PROOF of "Trump's mismanagement"?
Of course dummies like you that make stupid unsubstantiated comments won't admit it because of your peabrain!

You have made allegations with unknown peoples' support, as we have concerning Trump's incredible failures, which have been well document.

Have a cookie, a glass of warm milk, and take a nap.