What is the Republican explanation as to why gas prices are so high even though their profit margins are so high?

[Billy000]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high? Keep in mind these prices are high in other countries.

2 wild charts show how Big Oil profits are skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.

www.businessinsider.com

 

[CrusaderFrank]

It's Putin. Because Putin owned Trump, but he had to wait for a year and a half after Trump left, er, because, global warming, er, or something.

 

[healthmyths]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high?

The below facts are supported with links and are several of many statements and actions Biden has done to
raise the cost of gasoline!

So Biden is either lying or telling the truth in the following 3 statements:
Biden statement
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”

Biden statement
Biden wants to throw oil executives into jail... “we should put them in jail” when talking about fossil fuel executives.

Joe Biden on fossil fuel executives: 'We should put them in jail!'

Joe Biden said Sunday that fossil fuel executives should be jailed - but failed to mention that his son was on the board of a Ukrainian natural gas firm.

www.dailymail.co.uk

Biden ACTION
The royalty rate for new leases will increase to 18.75% from 12.5%. That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.

Biden increases oil royalty rate and scales back lease sales on federal lands

The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.

www.npr.org

So oil company workers can look at 3 statements and actions by Biden and wonder what their future is and therefore let's get it while we can!!!!
1) Biden wants to throw them in jail.
2) Biden wants to eliminate oil/coal, i.e. fossil fuels. Put them out of business. Make them unemployed.
3) Biden raises the cost of finding oil on Federal lands as well as halting the leasing of federal lands.

What would you do if your industry was told it was going to be obsolete, people put in jail and the cost is going up?

 

[okfine]

It's Putin. Because Putin owned Trump, but he had to wait for a year and a half after Trump left, er, because, global warming, er, or something.

Better yet, Putin never got enough out of Trump and hopes he will become his stoolie again.

 

[Billy000]

The below facts are supported with links and are several of many statements and actions Biden has done to
raise the cost of gasoline!

So Biden is either lying or telling the truth in the following 3 statements:
Biden statement
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”

Biden statement
Biden wants to throw oil executives into jail... “we should put them in jail” when talking about fossil fuel executives.

Joe Biden on fossil fuel executives: 'We should put them in jail!'

Joe Biden said Sunday that fossil fuel executives should be jailed - but failed to mention that his son was on the board of a Ukrainian natural gas firm.

www.dailymail.co.uk

Biden ACTION
The royalty rate for new leases will increase to 18.75% from 12.5%. That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.

Biden increases oil royalty rate and scales back lease sales on federal lands

The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.

www.npr.org

So oil company workers can look at 3 statements and actions by Biden and wonder what their future is and therefore let's get it while we can!!!!
1) Biden wants to throw them in jail.
2) Biden wants to eliminate oil/coal, i.e. fossil fuels. Put them out of business. Make them unemployed.
3) Biden raises the cost of finding oil on Federal lands as well as halting the leasing of federal lands.

What would you do if your industry was told it was going to be obsolete, people put in jail and the cost is going up?

Well see you’re missing a basic point here. Regardless of the politics about energy, their profits are still sky high. You aren’t adding anything to the conversation if you are not taking that into account.

 

[okfine]

The below facts are supported with links and are several of many statements and actions Biden has done to
raise the cost of gasoline!

So Biden is either lying or telling the truth in the following 3 statements:
Biden statement
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”

Biden statement
Biden wants to throw oil executives into jail... “we should put them in jail” when talking about fossil fuel executives.

Joe Biden on fossil fuel executives: 'We should put them in jail!'

Joe Biden said Sunday that fossil fuel executives should be jailed - but failed to mention that his son was on the board of a Ukrainian natural gas firm.

www.dailymail.co.uk

Biden ACTION
The royalty rate for new leases will increase to 18.75% from 12.5%. That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.

Biden increases oil royalty rate and scales back lease sales on federal lands

The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.

www.npr.org

So oil company workers can look at 3 statements and actions by Biden and wonder what their future is and therefore let's get it while we can!!!!
1) Biden wants to throw them in jail.
2) Biden wants to eliminate oil/coal, i.e. fossil fuels. Put them out of business. Make them unemployed.
3) Biden raises the cost of finding oil on Federal lands as well as halting the leasing of federal lands.

What would you do if your industry was told it was going to be obsolete, people put in jail and the cost is going up?

Those are words and are a very small percentage to reality. Maybe 10% of why gasoline is off the charts expensive.

 

[Harry Dresden]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high? Keep in mind these prices are high in other countries.

2 wild charts show how Big Oil profits are skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.

www.businessinsider.com

according to the party die-hards here....the president does not influence gas prices.....but they still blame each others president when its convenient to do so....

 

[blackhawk]

Biden is being blamed because he is President if Trump or any Republican was President right now and we had the same high gas prices people would be blaming him for them. Presidents no matter the party get more blame for high gas prices than should and more credit for low gas prices than they should. If we had gas prices under two dollars a gallon President Biden’s supporter’s would be giving him the credit for it and he would take it.

 

[Polishprince]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high? Keep in mind these prices are high in other countries.

2 wild charts show how Big Oil profits are skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.

www.businessinsider.com

The short answer is that it is happening during Biden's watch so its his responsibility.

The longer explanation is that the Biden Regime has cut the oil industry off at the knees by eliminating exploration, slow walking leases, cancelling pipelines, demonizing fracking. That reduces supplies, and forces America to beg our enemies for the fuel we need.

 

[Mac-7]

Well see you’re missing a basic point here. Regardless of the politics about energy, their profits are still sky high. You aren’t adding anything to the conversation if you are not taking that into account.

Oil companies make money through products other than raw gasoline

The industry is too large to dissect here

But obama and bidens own words, which amounted to a solemn promise to end the Oil Age, cannot be ignored

What they promised is taking place now

 

[johngaltshrugged]

Well see you’re missing a basic point here. Regardless of the politics about energy, their profits are still sky high. You aren’t adding anything to the conversation if you are not taking that into account.

So the oil companies should just charge less than market rates & hope they survive anti-energy policies? Brilliant.

If Pedo Joe gave guarantees he would not fight them over drilling & was not trying to shut down fossil fuels, we would be awash in as much fuel as we could handle.
That's how a free market works, investment follows profits & they would be rushing in to explore & produce.
Joe has inverted that by signaling he will fight them no matter what.
Joe isn't really responsible since he makes no real decisions. He's a meat puppet for the NWO & his handlers are engineering this crash.
Sorry this obvious fact escapes you

 

[2aguy]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high? Keep in mind these prices are high in other countries.

2 wild charts show how Big Oil profits are skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.

www.businessinsider.com

He cut pipelines......he has allowed regulations that have jacked up the cost of getting oil out of the ground.....

 

[Billy000]

The short answer is that it is happening during Biden's watch so its his responsibility.

The longer explanation is that the Biden Regime has cut the oil industry off at the knees by eliminating exploration, slow walking leases, cancelling pipelines, demonizing fracking. That reduces supplies, and forces America to beg our enemies for the fuel we need.

You say all this nonsense and yet their profits are still sky high. Higher than in a decade. That’s the only fact that matters as far as this goes.

 

[dblack]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high? Keep in mind these prices are high in other countries.

I'm not a Republican, but do seriously contend that the boycott of Russian oil isn't the reason oil prices are high??

 

[Billy000]

He cut pipelines......he has allowed regulations that have jacked up the cost of getting oil out of the ground.....

And again, their profits are higher than they have been in a decade so clearly it has nothing to do with Biden.

 

[Billy000]

Oil companies make money through products other than raw gasoline

The industry is too large to dissect here

But obama and bidens own words, which amounted to a solemn promise to end the Oil Age, cannot be ignored

What they promised is taking place now

So why are their profits higher than they have been in a decade?

 

[Harpy Eagle]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high? Keep in mind these prices are high in other countries.

2 wild charts show how Big Oil profits are skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.

www.businessinsider.com

Gas prices are high because oil prices are high.

Oil prices being high means oil companies make record profits.

This is not real complicated.

 

[TheGreatSatan]

Better yet, Putin never got enough out of Trump and hopes he will become his stoolie again.

Putin loves the ultra groomers war on American energy

Groomercrats talk tough on putin in front of Americans but get flexible with putin behind America's back.

 

[Mac-7]

So why are their profits higher than they have been in a decade?

The simple answer is speculators in New York bidding up the price of oil at the oil pump

 

[Canon Shooter]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high? Keep in mind these prices are high in other countries.

2 wild charts show how Big Oil profits are skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.

www.businessinsider.com

The fact that prices are high in other countries is absolutely meaningless.

Right now, the average price of a liter of gasoline in Canada is $1.61 (US), and there are just over four liters in a gallon. For argument's sake we'll round it down.

So, a gallon of gas in Toronto will cost you $6.44 (US) or so.

A gallon of gas had always been more expensive in Canada because they charge by the liter.

Now, $6.44 is crazy, right? Well, some cities in California have eclipsed nine bucks a gallon.

It's cheaper all over Europe, too...