Is Biden at fault for the worse inflation rate in 40 years?

[Faun]

It was the very end.
It always happens that way. Before coming, the left collapses the markets and organizes riots.

Again, the market collapsed and the economy followed while Republicans had complete control of the Executive and Legislative branches of government.

You appear insane.

 

[rupol2000]

Again, the market collapsed and the economy followed while Republicans had complete control of the Executive and Legislative branches of government.

You appear insane.

No need to argue with obvious facts. The arrival of the left is always preceded by upheavals that they themselves organize. This is their method of coming to power

 

[Faun]

No need to argue with obvious facts. The arrival of the left is always preceded by upheavals that they themselves organize. This is their method of coming to power

Great, so let's see your evidence the left caused the 1929 market collapse...

 

[rupol2000]

Great, so let's see your evidence the left caused the 1929 market collapse...

The proof is that they always do it, there is a pattern.
The second evidence is that they had to militarize the US economy for Britain. They transferred capital to the defense sector, confiscated gold and used cheap labor.
A significant part of the capital went into the militarization of the USSR

 

[Faun]

The proof is that they always do it, there is a pattern.
The second evidence is that they had to militarize the US economy for Britain. They transferred capital to the defense sector, confiscated gold and used cheap labor.
A significant part of the capital went into the militarization of the USSR

LOL

So your "proof" is merely limited to you just saying they caused it.

What a major fail on your part.

 

[AntonToo]

Who says so YOU? Please intelligent people like to see proof. Links. Substantiation!
Who was complaining about Keystone carrying oil affecting gas prices? I was pointing out the facts that
there are many other costs that increase including shipping oil via oil tankers (alternative to Keystone)! But of course that is too nitty gritty details for people like you. But FYI...with Keystone cancelled the alternative to shipping 1 million barrels via a pipeline carrying 700 barrels per mile VS a 1 million barrel oil tanker PER day on the open ocean like this not only is an environmental danger (you probably don't remember Exxon Valdez) but the cost using oil tankers is higher due to that risk... 1 million barrels on the open ocean traveling 1 mile VS 700 barrels traveling 1 mile in a buried on dryland pipe! But environmentalists don't seem to care!

Can you stop with the bullshit already?

This thread is about how Biden is causing high gas prices. Not in the next few years, but TODAY.

I've carefully explained why what you are saying about Biden policy does not explain oil prices today. So maybe it's time to retract your bullshit instead of continiously trying to to deflect from your inability to refute these facts and establish some sort of reasonable causality.

 

[rupol2000]

LOL

So your "proof" is merely limited to you just saying they caused it.

What a major fail on your part.

I have at least this, you have nothing at all.

In general, the identification of patterns is the main proof of the scientific method.

 

[Faun]

I have at least this, you have nothing at all.

In general, the identification of patterns is the main proof of the scientific method.

LOLOL

You making shit up IS nothing.

 

[rupol2000]

Faun
I'm not going to argue with leftist assholes, it's like arguing with dogs

 

[AntonToo]

what about it? why is it causing prices to increase under xiden like it has?

Same thing as was causing prices to increase under Trump - growing demand that outstripped supply

Before late 2020 supply outstripped demand and prices were low, now demand is floating above supply and oil is getting more expensive untill production catches up in 2022.

On top of that potential war in Ukrane is pushing the prices further in futures markets.

 

[Faun]

Faun
I'm not going to argue with leftist assholes, it's like arguing with dogs

LOL

Who's arguing??

You're not. You're merely making up shit and then citing yourself as the evidence that you're not making shit up.

I'm not. I'm laughing at you for completely and utterly failing to prove the shit you're making up.

 

[surada]

You b

NO PROOF!!! I seem to provide you information but you? ZERO! Zilch! Crickets!
AND you are totally ignoring the 1 million oil tanker per day carrying in "Winter Hurricane" waters with the risk of tankers spilling that 1 million per tanker! ZERO ,zilch , crickets!
That would be the biggest risk to the USA shorelines and you seemingly think THAT won't happen!
AGAIN Here is the List of spills in From 1969 to 2010 78,955 barrels per year .

View attachment 602685

Major Oil Spills in the Gulf and Other U.S. Waters

www.biologicaldiversity.org

But you think that's not a cost that a daily 1 million oil tanker might experience?

SO once again... NO links! NO proof. JUST your truly uninformed, personal subjective opinion!

You haven't learned a thing in 11 years.

 

[struth]

Same thing as was causing prices to increase under Trump - growing demand that outstripped supply

Before late 2020 supply outstripped demand and prices were low, now demand is floating above supply and oil is getting more expensive untill production catches up in 2022.

On top of that potential war in Ukrane is pushing the prices further in futures markets.

why is it more expensive to produce?

the gas prices were flying high well before this new crisis in europe with russia

 

[healthmyths]

Can you stop with the bullshit already?

This thread is about how Biden is causing high gas prices. Not in the next few years, but TODAY.

I've carefully explained why what you are saying about Biden policy does not explain oil prices today. So maybe it's time to retract your bullshit instead of continiously trying to to deflect from your inability to refute these facts and establish some sort of reasonable causality.

NOT one piece of validation for your comment and the fact you can't even pay attention to the little red dotted line shows how much you ignore details!
The details in what I've shown illustrated Biden changing our nation from Energy Independent to his withdrawing 50 million barrels from SOR to begging OPEC to produce more to making Russia our 3rd largest supplier. All steps showing Biden's attempts to alter anything Trump and as a result causing the crises!
NOW FOR FACTS!!! Predicted in January 22,2021!

Biden policy means higher oil prices: Goldman

The Biden administration's policies push demand and reduce supply somewhat — which will likely cause oil prices to rise.

www.yahoo.com

Ethan Wolff-Mann·Senior Writer January 22, 2021
If supply is slightly more constrained under the Biden administration, the demand side looks strong, with the post-Covid economy and ramped-up fiscal spending later this year to be bullish for oil prices.

All in all, Biden’s policies support energy demand while restricting production or the forces that govern production, like financing and drilling, analysts wrote.

According to Goldman, this “will prove inflationary in coming years given the still negligible share of transportation demand coming from EVs (and renewables).”

Do you understand what the analysts have said? INFLATION! ...bullish for oil prices
Proof? Gas 2/17/21 $2.572 Gas today $3.519..or almost 40% inflationary cost per gallon!

 

[sartre play]

Previous US presidents were so bad the US inflation rate was out of control.

Biden is so bad, the global inflation rate is out of control.

No one person is EVER responsible for any MAJOR negative situation.

 

[sartre play]

YES, one big factor.

 

[imawhosure]

NOT one piece of validation for your comment and the fact you can't even pay attention to the little red dotted line shows how much you ignore details!
The details in what I've shown illustrated Biden changing our nation from Energy Independent to his withdrawing 50 million barrels from SOR to begging OPEC to produce more to making Russia our 3rd largest supplier. All steps showing Biden's attempts to alter anything Trump and as a result causing the crises!
NOW FOR FACTS!!! Predicted in January 22,2021!

Biden policy means higher oil prices: Goldman

The Biden administration's policies push demand and reduce supply somewhat — which will likely cause oil prices to rise.

www.yahoo.com

Ethan Wolff-Mann·Senior Writer January 22, 2021
If supply is slightly more constrained under the Biden administration, the demand side looks strong, with the post-Covid economy and ramped-up fiscal spending later this year to be bullish for oil prices.

All in all, Biden’s policies support energy demand while restricting production or the forces that govern production, like financing and drilling, analysts wrote.

According to Goldman, this “will prove inflationary in coming years given the still negligible share of transportation demand coming from EVs (and renewables).”

Do you understand what the analysts have said? INFLATION! ...bullish for oil prices
Proof? Gas 2/17/21 $2.572 Gas today $3.519..or almost 40% inflationary cost per gallon!
View attachment 602719

Health, History teaches all things!

When Carter and his administration did its thing, Reagan was elected and his administration reversed monetary course to stop inflation, and re-ignite the economy.

Lefts will say, yeah but!

Well then, look what happened with Japan! Same type of crap Biden was doing today, inflation out of control, and they reversed course. Inflation paused, then started to drop. Once the money supply came into a reasonable balance of goods and services, inflation dried up, and the economy came back.

Many more examples are out there if you just look across the globe and through history. And all of the examples tell you that Biden did, and is doing the wrong thing.

With that being said, I don't blame it 100% on Biden, I blame it on his administration. But, then again, the buck stops at his desk. So in a round about way, it is on Biden, although the far Leftists will sacrifice him, to deflect the blame of their counsel!

 

[pknopp]

That's a fair statement. But Presidents (like NFL QB's) get an over abundance of credit when the economy is going well so they should get an equally overabundant amount of blame when it goes bad.

He and the (D)'s will get hammered next November if things continue as they are.

 

[AntonToo]

why is it more expensive to produce?

the gas prices were flying high well before this new crisis in europe with russia

There is a small component increase in how much it costs to refine and transport gasoline, but primary component is futures markets setting crude oil prices.

If you take a look at the oil price graph, before Ukraine market price was about where it was in 2018, a year that conservatives had exactly zero concerns about the oil prices.

 

[healthmyths]

He and the (D)'s will get hammered next November if things continue as they are.

Oh for sure and if this

San Francisco voters oust three school board members in recall vote, CNN projects​

in the bluest of blue areas of a blue state happens... hmmm...

San Francisco voters oust three school board members in recall vote, CNN projects

Three San Francisco School Board members were removed from their positions by voters on Tuesday, CNN projects, following a tough recall campaign that pitted Democrats against Democrats as interlocking controversies over school closings and renamings fueled a well-funded backlash.

www.cnn.com