- Sep 19, 2011
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So? That doesn't alter the fact that the more leases the lower the prices. Again watch what will happen1/15/21 $2.11/gal ....1/5/21 --- 1.77/gal 12/12/20 --- $1.59/gal... --- 11/8/2020 $1.54/gal
And Biden's not even in office yet!
Remember his boss and his statement that Biden has re-affirmed with these words...
Federal OIL LEASES under OBAMA in 4 years new leases under Obama 5,109 new leases… an average of 1,277 leases over 4 year. Under Bush from 2006 to 2008 23,569 new leases an average per year of 2,946 leases over 8 years. Oil & Gas Leases on Federal Lands Down 17% Under Obama. https://cnsnews.com/news/article/joe-setyon/leases-oil-gas-federal-lands-down-17-under-obam
- Rather, when asked in 2008 about then-$4 per gallon gasoline prices, and whether that could be a good thing to encourage people toward alternative energy, Obama responded that he “would have preferred a gradual adjustment”
Obama Wanted Higher Gasoline Prices? - FactCheck.org
Republican presidential candidates Mitt Romney and Newt Gingrich have repeatedly lifted several quotes out of context to allege that President Barack Obama and his administration actually wanted to drive up the price of gasoline, and have succeeded. Gingrich said Obama wants gasoline prices to...www.factcheck.org
So what do the gas stations believe regarding Biden's statement if the ONLY way gas prices are affected by a President is by not approving oil and gas leases on Federal lands?
With climate change a cornerstone of his campaign and central to his proposed Cabinet picks, President-elect Joe Biden has vowed to put an end to any new oil and gas development on federal lands and federal waters.
That promise, if enacted, would severely impact Utah and seven other western states with huge chunks of federal land, with a new study predicting staggering economic losses and extreme costs to human lives
I'm shouting now!!! It's started already! Gas prices increase by 37% in just 60 days!
In 2 months price of gas had 37% increase. 18% per month. One year from now at that rate: $13/gal.
Now I don't believe it will increase at 18%/month but gas prices will increase most assuredly maybe at 10%/month...That will still be $6/gal. here in Texas!
So what does this mean to each of us that use gas?
Americans consumed 140.43 billion gallons of gasoline in 2015, or about 384.74 million gallons each day.
If prices increase in one year by 10%/month or to $6/gal that means by 1/15/22 gas expenditures would see a $254 billion increase over 2020.... minimum!Here's How Much Gasoline the Average American Consumes Annually | The Motley Fool
Because every drop of gasoline costs money, each drop counts. Here's a look at what we pump each year and how to cut that number down.www.fool.com
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Trump auction of oil leases in Arctic refuge attracts barely any bidders
Coastal plain was up for sale as part of the Trump administration’s plan to pay for Republicans’ tax cuts with oil revenue
Trump auction of oil leases in Arctic refuge attracts barely any bidders
Coastal plain was up for sale as part of the Trump administration’s plan to pay for Republicans’ tax cuts with oil revenuewww.theguardian.com
as Biden's stupid plan of NOT doing anything raises prices... and your cost of living!