BrokeLoser
Diamond Member
The “principle” is simple…Your almost dead, totally delusional fake as fuck president told the world he would end the need for oil…Now listen to that with your sane non TDS mind for a minute and consider this…If you were a business owner making and selling widgets and someone powerful told you he was going to end the need for widgets and that you had a very limited time to keep making money on your widgets what would you do? Would you raise the price of your widgets through the fucking roof like all legit business owners would?It isn't so much of a highly technical economic principle as it is complete bullshit.
Gasoline Prices Up Due to Global Supply-Demand Issues, Russian Invasion of Ukraine
Gasoline Prices Up Due to Global Supply-Demand Issues, Russian Invasion of Ukraine - FactCheck.org
U.S. presidents have little control over the price that consumers pay for gasoline. It depends mostly on the price of crude oil, which is set on the global market, based largely on worldwide supply and demand. Yet Republican campaign ads have falsely claimed or suggested that President Joe Biden...www.factcheck.org
US oil production hits all-time high, conflicting with efforts to cut heat-trapping pollution
United States domestic oil production has hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders.apnews.com