Why Biden Is Letting Oil Prices Soar

[Harpy Eagle]

No, you are off by 25% AND in the wrong direction! Crude oil production dropped by over 3,000 barrels per day from December 2020 to January 2021 and is still 1,000 barrels lower than Trump's last month in office

Jan 2021 was Trump's last month in office. How is it so many of you people do not know this. you are the 2nd person today that did not know Trump was POTUS for most of Jan.

Trump was in office for 2/3 of the month of Jan. Thus I started with Biden's first full month.

 

[Fort Fun Indiana]

A smart president -- one who understands geopolitical reality -- would ramp up domestic production to drive the energy segment of inflation down while simultaneously crippling Russia by decreasing its flow of hard currency. Russia at $95/barrel is rich. Russia at $40/barrel is poor.

Which would be better for America and the world?

Biden's legacy, if he succeeds, will be a decrease in the standard of living for most Americans and an increase in the power and influence of OPEC and other oil-rich states...like...oh...Russia!

Oil prices rise as tight market looks to Russian-Western diplomacy

Price gains also limited by possibility of Iranian crude returning to the market

www.irishtimes.com

Oops, you forgot to say what Biden could do to lower oil prices.

 

[Weatherman2020]

Oops, you forgot to say what Biden could do to lower oil prices.

Everything Trump did.
Want details too so I can make you look even less informed?

 

[Harpy Eagle]

A 15% increase you say, a 15% increase in what

A 15% increase in domestic oil production.

there is no oil production to increase by 15%,

I have given the links in this thread.

 

[Fort Fun Indiana]

Everything Trump did.
Want details to so I can make you look even less informed?

Oops, you forgot, again.

And the Trump administration spent its last year+ trying to raise oil prices.

So the ensuing madeup horseshit by you should be hilarious.

 

[Weatherman2020]

Jan 2021 was Trump's last month in office. How is it so many of you people do not know this. you are the 2nd person today that did not know Trump was POTUS for most of Jan.

Trump was in office for 2/3 of the month of Jan. Thus I started with Biden's first full month.

Funny how you Leftards know Putin and Islamos can increase production but Americans increasing production is impossible.

 

[KissMy]

Ignoramus.

US Oil Exports Are Higher Than Imports​

Oil imports and exports - U.S. Energy Information Administration (EIA)

U.S. crude oil imports sources including OPEC and Persian Gulf, and top five source countries of U.S. oil imports and destinations of U.S. crude oil exports.

www.eia.gov

That's BS!

Under Trump the US always imported more oil than it exported. Trump caused record drop in US oil production.

 

[Weatherman2020]

Oops, you forgot, again.

And the Trump administration spent its last year+ trying to raise oil prices.

So the ensuing madeup horseshit by you should be hilarious.

I’d hate for those 98 cents a gallon days to return!

 

[Fort Fun Indiana]

Funny how you Leftards know Putin and Islamos can increase production but Americans increasing production is impossible.

Oops , another stupid post.

Oil in America belongs to and is drlled by private companies.

The market decides how much they produce.

 

[Harpy Eagle]

Just like your lie about vaccinated people being immune from Covid.

except I never once posted that on this forum.

Sort of ironic you have to lie just to accuse me of lying

 

[Fort Fun Indiana]

I’d hate for those 98 cents a gallon days to return!

Oops, you forgot, again.

I am starting to think you don't have any idea what you are talking about.

 

[Weatherman2020]

That's FAKE NEWS!

Under Trump the US always imported oil. Trump caused record drop in US oil production.

So Biden puts out fake news on dot government websites?

Im torn.

 

[Harpy Eagle]

I’d hate for those 98 cents a gallon days to return!

So would our oil companies. it was those 98 cents a gallon days that got Trump to threaten OPEC and Russia into producing less oil....what a great idea that turned out to be

 

[OhPleaseJustQuit]

This^^^^^^^^^^^^^^^^ Exactly my friend. off topic, you should have seen the number of trucks that have begun lining up for tomorrow's convoy. Holy mf shit!!!

The leg of the convoy going from Washington State to DC will pass about twelve miles from me. I'll be there!

 

[Weatherman2020]

Oops, you forgot, again.

I am starting to think you don't have any idea what you are talking about.

Suddenly Presidents can affect gas prices but only when it’s a Republican President!

 

[jc456]

You can keep telling the lie, but no one is buying it. Just like your lie about vaccinated people being immune from Covid. It's dangerous propaganda.

actually it's useless propaganda. Colin Powell was all the evidence anyone needed to prove all of it fraudulent. all of it. Every single aspect of the hoax was exposed with old Colin's death.

 

[Rambunctious]

The cost for renewable energy is overwhelming....so people are not going for it...so Biden must make gasoline more expensive than renewable energy....its like giving the people a monkey burn until we say uncle....our federal government is not our friend they are becoming our enemy within....

 

[Fort Fun Indiana]

Suddenly Presidents can affect gas prices but only when it’s a Republican President!

Oops, forgot again.

Baby hissy fits don't count, sorry.

 

[Weatherman2020]

So would our oil companies. it was those 98 cents a gallon days that got Trump to threaten OPEC and Russia into producing less oil....what a great idea that turned out to be

Because Americans don’t need to buy from our enemies that Brandon is now begging to

 

[Fort Fun Indiana]

Because Americans don’t need to buy from our enemies that Brandon is now begging to

Well that's stupid and wrong.

Yes we do.