Why Biden's ignorance of economics i.e. lack of common sense caused inflation now of over 8%!

USA is actually one of the lowest among developed countries.....Thank you Joe! bwahahaha


Are they SKY HIGH in Every country as you said??? No because like most Bidenlikies... you exaggerate as Biden does!
 
He isn’t running the show. Biden is a senior invalid puppet they medicate heavily and drag out in front of the cameras and is told exactly what to do and say. And even that he can’t do properly.
I agree with you! Biden can't even walk without stumbling, much less talk without mumbling!
 
Virtually every western country.
OK from your web site I've created this table:
"Virtually every western country??? Really? Only 3 countries increased from 4/15/22 to 4/22/22 according to your source!
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Unemployment under GOP: 14.7% in 2020

Unemployment under Biden: 4% in 2022


GOP: "HE DOESNT UNDERSTAND ECONOMICS"
Unemployment during the height of the 2020 pandemic during the Covid shutdowns? Are you citing those unemployment numbers? :cuckoo:
 
I'd like to understand how Biden's cancelling exploration on Federal land that provides 24% of our oil/gas DIDN"T have
an affect on the oil exploration companies pricing of their services,
Because half of the permits aren't even being used by oil companies.
Trumptards are blaming Biden for what oil companies AREN'T doing.

The U.S. has more than 24 million acres under lease to oil and gas companies onshore — close to half are not producing.

Biden said the oil industry has "9,000 permits to drill now. They could be drilling right now, yesterday, last week, last year."

Biden’s number is correct: There are 9,137 approved permits to drill on federal and Indian land, and the oil industry could use those permits and drill.


which then raised prices on oil refineries, which raised
prices on the gas stations and do you think the gas stations wouldn't raise their prices for something that costs them more?
It makes little sense to reduce the USA oil production which Biden wanted to do,
That was oil companies, not Biden.
primarily for environmental rationale WHEN
the top importing companies produce more CO2 than the USA did!
I deal with facts. Not guesses.

Biden Eyes Venezuelan Oil​

The administration seeks engagement with Maduro’s criminal regime.​


No, you're dealing in other people's opinion.
 
Unemployment under GOP: 14.7% in 2020

Unemployment under Biden: 4% in 2022


GOP: "HE DOESNT UNDERSTAND ECONOMICS"
"Unemployment under GOP: 14.7% in 2020"
In the midst of the Covid shutdowns. Who the hell do you think you're fooling?
 
What numbers are you citing?
I’m not citing any numbers but for a fair comparison, how about prepandemic numbers, when unemployment was at record lows especially among minorities, gas prices were low, no inflation, we weren’t on the brink of WWIII, and economy was humming. All Biden and the Democrats had to do was to release the shackles placed upon the economy by the Covid shutdowns, and even that they couldn’t do. In other words, if they were smart, all they had to do was continue Trump’s policies.
 
Because half of the permits aren't even being used by oil companies.
Trumptards are blaming Biden for what oil companies AREN'T doing.

The U.S. has more than 24 million acres under lease to oil and gas companies onshore — close to half are not producing.

Biden said the oil industry has "9,000 permits to drill now. They could be drilling right now, yesterday, last week, last year."

Biden’s number is correct: There are 9,137 approved permits to drill on federal and Indian land, and the oil industry could use those permits and drill.



That was oil companies, not Biden.


No, you're dealing in other people's opinion.
LIE 1..Because half of the permits aren't even being used by oil companies.

Drill, baby drill, right? If only it were that simple,” guest host Taylor Morgan said.
Of those 9,000 leases, he said, 2,200 are being litigated by environmental groups.
“That’s right. So your first step is getting a lease, then you’ve got to do years of environmental analysis on it. And then you have to get a permit. So the White House has been confusing permits and leases.
Sgamma said, adding there are also air and water permits that must be obtained. She said there also must be infrastructure in place to drill for natural gas and oil.
These are experts.... not novice, amateurs like you!
 
LIE 1..Because half of the permits aren't even being used by oil companies.
I know, it's likely more.

Out of 700 million acres of the federal mineral estate, 26.2 million are leases — “that is a historic low,” Sgamma said, adding some leases are never developed due to lack of oil and gas at the well site.

27 million out of 700 million acres.
Drill, baby drill, right? If only it were that simple,” guest host Taylor Morgan said.
Of those 9,000 leases, he said, 2,200 are being litigated by environmental groups.
“That’s right. So your first step is getting a lease, then you’ve got to do years of environmental analysis on it. And then you have to get a permit. So the White House has been confusing permits and leases.
Sgamma said, adding there are also air and water permits that must be obtained. She said there also must be infrastructure in place to drill for natural gas and oil.
These are experts.... not novice, amateurs like you!
Sure retard, how about the 90% NOT under the control of the US government?
 
I know, it's likely more.

Out of 700 million acres of the federal mineral estate, 26.2 million are leases — “that is a historic low,” Sgamma said, adding some leases are never developed due to lack of oil and gas at the well site.

27 million out of 700 million acres.

Sure retard, how about the 90% NOT under the control of the US government?
What about "Sure retard, how about the 90% NOT under the control of the US government?"
Evidently you have never ever heard of a concept known as "supply and demand", i.e. if the supply (24% of Federal lands that supply... are taken out of exploration) and the "demand" increases? Hmmm what happens to the
supply from non-federal lands? Hmmm... seems the price of non-Federal lands for oil exploration would increase.
Proof...
The Bureau of Land Management in January approved just 95 permits for oil and natural gas wells across federal lands in the United States, a plunge from the zenith of 643 issued last April, according to a review of data by E&E News.
 
Because half of the permits aren't even being used by oil companies.
Trumptards are blaming Biden for what oil companies AREN'T doing.

The U.S. has more than 24 million acres under lease to oil and gas companies onshore — close to half are not producing.

Biden said the oil industry has "9,000 permits to drill now. They could be drilling right now, yesterday, last week, last year."

Biden’s number is correct: There are 9,137 approved permits to drill on federal and Indian land, and the oil industry could use those permits and drill.



That was oil companies, not Biden.


No, you're dealing in other people's opinion.
Biden’s leases mean nothing when his regime holds up permits for over a year, Dumbass.
 
The price of my home and car have gone up tremendously.

How is that a bad thing?

At this rate I’ll be a millionaire within 2 yrs
The younger generation can't get onto, or find it extremely difficult to get onto the property ladder. Good to see you're just looking after yourself.
 
USA is actually one of the lowest among developed countries.....Thank you Joe! bwahahaha


So does that mean you DON'T agree with Joe's most recent action regarding oil exploration leases?

Strange but NOW even Biden agrees that federal leases are necessary to lower gas prices!!!!

Biden administration to resume leasing for oil and gas drilling on federal lands​

The move comes as President Joe Biden seeks new ways to help lower gas prices.
 
What about "Sure retard, how about the 90% NOT under the control of the US government?"
Evidently you have never ever heard of a concept known as "supply and demand", i.e. if the supply (24% of Federal lands that supply... are taken out of exploration) and the "demand" increases? Hmmm what happens to the
supply from non-federal lands? Hmmm... seems the price of non-Federal lands for oil exploration would increase.
Proof...
NOT "proof".
Oil drilling wasn't stopped on the entire 24% of federal land, just NEW permits were halted, the oil companies still had over 9000 permits ready to drill on.
Then they still were only drilling on 15% of the 24% of federal land.

Let alone the 90% they don't control.

So, why are you blaming the government?
Like asking for a third helping of food, when you haven't finished your first helping.
The Bureau of Land Management in January approved just 95 permits for oil and natural gas wells across federal lands in the United States, a plunge from the zenith of 643 issued last April, according to a review of data by E&E News.
WTF?

THAT was last April.
"the oil and gas industry holds significant drilling rights already. Many of the drilling permits held by industry — and 60 percent of the acreage leased to oil producers — sits unused".
 
Biden’s leases mean nothing when his regime holds up permits for over a year, Dumbass.
Biden's leases account for 10% of ALL oil leases, dumbass.
Teabaggers worry about that 10%, though, just ignore the 90% they DON'T control..................retard.
 

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