WTF?
As you post this?
BS.
Republicans do, all the time.
June 10 2008
Senate Republicans blocked a proposal Tuesday to tax the windfall profits of the largest oil companies, despite pleas by Democratic leaders to use the measure to address America's anger over $4 a gallon gasoline.
July 18 2021
The Trump administration gave generous financial relief to hundreds of oil and gas leases to drill on public lands over the past three months in the form of reductions in rates of royalty payments, as well as beneficial lease suspensions.
That's your opinion.
The republican opinion for the last 40 years.
Give them more tax breaks so they don't raise prices.
No shit but who pays the tax, they don't?
Everyone else.
Just like insurance and store theft.
June 13 2016
The national average price of gas reached a new 2016 high over the weekend, and today’s average of $2.38 per gallon is the most expensive average since September 2015. Gas prices have moved higher by two cents per gallon on the week and 16 cents per gallon on the month.
The
Tax Cuts and Jobs Act passed by President Donald Trump and congressional Republicans in 2017 has disproportionately benefited corporate America—especially the oil industry.
Many of these companies garnered such benefits using a policy of accelerated depreciation, which allows companies to write off capital investment costs significantly faster than the expiration of these investments, allowing them to drastically reduce their tax rates. According to the report, Chevron reported $290 million of depreciation-related tax breaks in 2018, and Halliburton reduced its taxes by $320 million.
May 25 2018
Heading into the 2018 Memorial Day weekend, regular gasoline prices averaged $2.92 per gallon (gal) nationally on May 21, up from last year’s price of $2.40/gal before the holiday weekend. This year marks the highest price ahead of the Memorial Day weekend since 2014.
Sure they do.
June 26 2018
The Republican tax reform package
that was supposed to raise wages and spur hiring has instead funded a record stock buyback and dividend spree, benefiting investors and company executives over workers.
Stock repurchases hit nearly $190 billion in the first quarter for the S&P 500, according to preliminary results from S&P Dow Jones Indices. The last time that record was set was just before the Great Recession, when companies bought up almost $172 billion of buybacks.
Wrong, we were NEVER energy independent.
You're FOS.........Again.
March 28 2019
U.S. President Donald Trump on Thursday called for the Organization of the Petroleum Exporting Countries (OPEC) to boost oil production to lower the price of the commodity.
“Very important that OPEC increase the flow of Oil. World Markets are fragile, price of Oil getting too high. Thank you!” Trump wrote in a post on Twitter.
We did then too.
US imports of Russian crude and petroleum products were at their highest level in almost a decade last year, and a similar pattern is playing out in 2021.
In January, the US imported 648,000 b/d of Russian crude and products, the highest monthly volume from its rival producer since June 2012, EIA data shows.
US imports of Russian oil averaged 538,000 b/d in 2020 from 520,000 b/d in 2019 and their highest since 2011 when they averaged 624,000 b/d, according to the EIA. Demand for Russian crudes such as Urals and Varandey have also picked up in recent months.
Really?
The orange retard failed...as usual.
The trade war was billed as a plan to bring China to its knees by choking off the all-important American market with 25% tariffs on many imports that would rein in the U.S. trade deficit, boost American exports and slow China's rise as a global superpower.
Last year, the U.S. trade deficit widened to its largest on record. In the fourth quarter, the U.S. goods trade deficit hit its highest share of GDP since 2012 and the U.S. current account deficit jumped to its highest level in more than 12 years in the third quarter.
"The tariffs
forced American companies to accept lower profit margins, cut wages and jobs for U.S. workers, defer potential wage hikes or expansions, and raise prices for American consumers or companies,"
China's trade surplus last year hit a record $535 billion, up 27% from 2019. Exports rose 21.1% in dollar terms in November year over year and 18.1% in December from a year earlier, touching an all-time high.
Something that didn't need to be done.
A "peace" deal, with countries were weren't even having a skirmish, let alone war with each other.
Yep, Trump would have brought "peace' between Canada and Germany.
Trump would have brought "peace" between Italy and Brazil too.
Trump is amazing.
