Oil production was below demand which drove up the cost. Biden suppressed oil production to force people to buy UV cars. You do understand supply and demand right? People refused to buy these cars, inflation went up to 9.1% and Biden was fired by his own party
I'm going to give you this one piggy. The Democrats should stop being the pro immigrant party. Or population growth. I think we are over populated and I was going to argue but then I decided I can't defend why Democrats were so pro letting people flood in and claim they are seeking asylum. I don't think they'll make that mistake again. Now that we have less illegals coming, I like it. But now we probably do need to up the legal immigrants we let in. We sort of need them right now. Farmers do. But then once we let in what we need, we need to cut back on how many people we let in.
Its a good thing when third world garbage stops growing in America. The states and cities losing population are all run by democrats
OK, so even though Biden produced records amounts of crude production he was suppressing it below demand. I suppose then, when Trump took office, he stopped suppressing production and that production exploded to even greater amounts, right?
Third world garbage? Wow, you have some room to talk, living in your damn fantasy world that has no basis in reality being led around like a damn blind pig with a ring in their nose.
BIdens policiy was to increase oil prices and he did causing the worst inflation in 40 years. OIl costs under Trump will drop as soon as the war settles and it doesnt matter because thanks to Trump the middle class got a 10 billion dollar tax cut. We need stability in the Middle East and that means Iran's regime has to be removed form power. Something Biden and Obama couldnt do. Long term Trump has changed the balance of power isolating Iran
You are never going to understand the whole Biden/Trump inflation thing even though it really is simple Macroeconomics. But will oil prices drop? Technically, they should be at about $65 a barrel. Our domestic industry needs that minimum price. But going forward more and more oil is going to be purchased with Chinese Yuan, not US dollars. That will result in a higher break even point for domestic producers as the value of the dollar continues to decline. Probably settle at around $85 when the smoke clears. The real question is will Saudi Arabia bring the production back on line that was halted due to the war.
I expect oil to drop to 60.00 a barrel. Biden intentionally increased the proce of oil to force us to buy RV cars. That dumb policy exploded in his face. Also consider Biden was to impaired to mange the nation. We dont know who was in charge.
These guys don't know what they are talking about. Trump might have saved the oil companies some money by deregulating but I doubt they are passing those savings on to us. If those deregulations are saving us anything it's maybe 5 cents a gallon. But is it worth it? What are those deregulations and what will they do to the environment and our health? I'm sure not good.
Same thing is happening right now with Trump. Mental decline. Who's running that show over there? I guess Trump really wanted to nuke Iran but someone talked him out of it. I also hear some 5 star generals stood up to him and stopped this from happening. They refused to obey unlawful orders just like us Democrats told them they might. Boy were we right. Last night is a perfect example of it.
As long as its below demand it doesnt matter how much is produced thats why it went up under Biden that was his intention. Then we were supposed to buy EV cars which never happened. All we got was 9% inflation and lot of lame excuses like Putin did it.
If I take your thoughts as fact then that would define the Biden years as a success when it was a total failure. A one term president fired by his own party isnt the definitions of success.
Nonsense! They were great years. You suffered inflation because of a pandemic. You suffer inflation now because of your president.
so you realistically thought in one year they'd round up 22 million illegals? Really? come on man,
then why did you lose 2024 ? Dude, there isn't a piece of logic there. And that defines you!
Eggs were too expensive
Not true littkecp lady. The Wuhan virus was an opportunity for the democrats to implement their fascist ideologies.
Oh no. The eggs™
