You're Being Lied to About Gas Prices.

[g5000]

U.S. Energy Information Administration - EIA - Independent Statistics and Analysis

www.eia.gov

You can see in that link that US oil production went from a maximum of 400,219,000 barrels per month in December 2019 and steadily declined to 273,646,000 barrels in February 2021.

You must be a special kind of amnesiac to not know oil production declined worldwide during the pandemic.

The price of oil actually went NEGATIVE for a short period.

Now, if you look more closely at that link, you can see in Trump's first full month in office, US oil production was 255,059,000 barrels.

In Biden's first full month in office, US oil production was 273,646,000 barrels.

So they both started from almost the same amount of oil being produced.


At the end of 2017, US oil production was 309,359,000 barrels. An increase of 21 percent.

At the end of 2021, US oil production was 358,588,000 barrels. An increase of 31 percent.

Biden produced way more oil in his first year than Trump did.


You are being lied to. By Fox News.

 

[g5000]

FACT: Starting from almost the same amount of US oil production upon taking office, Biden increased US oil production by 31 percent in his first year while Trump only increased production by 21 percent.

FACT: Saudi Arabia is exporting less oil today than during the pandemic.

FACT: Venezuela is exporting less oil today than during the pandemic.

FACT: Oil companies are deliberately slow walking their production in order to keep profits as high as possible.

FACT: Joe Biden has approved far more public land leases for oil drilling than Trump did.

 

[Whodatsaywhodat.]

I give g5000 the benefit of the doubt... He's more independent than Democrat.

Not me!

 

[Pellinore]

Charles Payne is misrepresenting things; the gas prices have not ballooned because of President Biden's policies. They went up mostly because Covid caused a plunge in demand, meaning facilities shut down, and then Russia and Saudi Arabia having a pissing contest for the industry.

Biden is partially right in that the gas corporations could rush some more refineries into production, but they're corporations; their reason for being is to make max money, and making flawed business decisions or giving away cheap product out of magnanimity is against their nature. Biden wants everybody to know the brutal gas prices are not his fault (which they aren't) in a short sound bite.

 

[g5000]

The problem is outside our borders. Gas prices are spiking all over the planet.

Partisan hackery is making you fools look really stupid.

 

[g5000]

You fools should really think about what you are saying when you claim FACTS make someone a liberal.

You just reinforce the idea that you are BEGGING to be lied to.

 

[Missourian]

Since the US produced more oil in Biden's first year than in Trump's first year, how does one explain high gas prices?

Obviously, someone else is producing less. Duh.

FACT.

Saudi crude oil exports fell in 2021 even as OPEC+ ease output caps

RIYADH: Saudi Arabia shipped less crude in 2021 from a year ago, even as the Kingdom is allowed to produce more oil under its agreemnt with OPEC+ countries. Saudi crude oil exports averaged 6.22 million barrels per day, which is 6.6 percent less than in 2020, data posted by the Joint...

www.arabnews.com

Saudi Crude Oil Exports Sink To 11-Year Low For 2021; Now For The Rebound

Having dropped to the lowest in more than a decade for 2021, Saudi crude exports are poised for a major rally for 2022. A new all-time high could even be posted.

www.mees.com

Saudi Arabia.

Even though world demand began surging in 2021, Saudi Arabia did not increase their exports. In fact, they exported less than during the pandemic!

Because Biden pissed them off.

Cuz he's a dumbass.

"Biden himself, on the campaign trail, had promised to make Saudi Arabia “a pariah state,” and that’s where his political problems started."

Biden Is Right About Saudi Arabia



Now he has to go there and get on his knees and beg the Saudis to turn the taps back on.

Biden's meeting with Saudi crown prince pushed back to July

A meeting between President Joe Biden and Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, is now expected to happen next month, according to an administration official.

www.cnn.com

Humiliating.... and brought on himself by saying stupid undiplomatic shit.

 

[g5000]

Because Biden pissed them off.

Nope. Trump pissed them off.

 

[g5000]

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources

By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal

www.reuters.com

 

[g5000]

Saudi Arabia is also pissed because we stopped supporting their war in Yemen.

 

[Missourian]

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources

By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal

www.reuters.com

This ....

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources

By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal

www.reuters.com

...is diplomacy.


Saying you're going to make an ally a "pariah state" is idiocy.


The Saudis got what they wanted when Russia became a literal pariah state.

They cut production again in 2021...

Was Saudi Arabia's Surprise Production Cut A Good Idea? | OilPrice.com

Saudi Arabia's decision to cut extra production might benefit the nation in the short term, but in the mid to long term, other producers could end up walking away with Riyadh's market share

oilprice.com

And when Biden asked for more oil... They wouldn't even take his call...

Saudi, UAE leaders ignore Biden when he calls to talk gas prices: report

Saudi Crown Prince Mohammed bin Salman and the UAE Sheikh Mohammed bin Zayed al Nahyan reportedly declined President Joe Biden’s attempted outreach about oil exports.

nypost.com

While at the same time the Saudis are investing with Jared Kushner...

Jared Kushner gets $2B Saudi investment, drawing Hunter Biden comparisons

Jared Kushner’s firm Affinity Partners made the deal shortly after President Donald Trump left office, despite a Saudi Public Investment Fund review panel’s concerns about “inexpe…

nypost.com

... And golfing with Donald Trump...

Trump, Saudis Join Forces To Stick It To The PGA

With LIV Golf, the former president returns to hosting high-profile tournaments after his post-Jan. 6 banishment by the PGA of America.

www.forbes.com

Now, you tell me... who does it look like they're angry with...

 

[BS Filter]

Look at the FACTS, dipshit.

FACT: Starting from almost the same amount of US oil production upon taking office, Biden increased US oil production by 31 percent in his first year while Trump only increased production by 21 percent.

FACT: Saudi Arabia is exporting less oil today than during the pandemic.

FACT: Venezuela is exporting less oil today than during the pandemic.

FACT: Oil companies are deliberately slow walking their production in order to keep profits as high as possible.

FACT: Joe Biden has approved far more public land leases for oil drilling than Trump did.

But, you know, Fox Fake News knows the rubes are too stupid to find this out for themselves and they will parrot "Because Biden!" because it feels good to be wrong, and reading is hard!

I am looking at the facts, shithead. The fact is Biden said he was not going to approve more drilling, then he blames the oil companies for not drilling. It's right there. His own words. Anything else?, dick nose.

 

[Big Bend Texas]

Looks like you are pretending you don't know Biden approved more public land drilling than Trump did.

Your Faux News certainly won't tell their rube viewers.

Where? What will they produce?

 

[Big Bend Texas]

The Saudis got what they wanted when Russia became a literal pariah state.

They cut production again in 2021...

The world was awash in oil in 2021 because of Covid.

 

[BS Filter]

You fools should really think about what you are saying when you claim FACTS make someone a liberal.

You just reinforce the idea that you are BEGGING to be lied to.

Watch the video. It's right there. Biden said he wasn't going to approve any further drilling, then blames oil companies for not drilling. You're ignoring the FACTS.

 

[Toddsterpatriot]

US oil production increased 31 percent in Biden's first year.

He's awesome!
He must really be pro-oil.

 

[TheGreatSatan]

King Brandon's ultra groomers are lying.

They WANT high gas prices.

The supply is being intentionally held back.

If one of king Brandon's ultra groomers tells you they want lower fuel prices that pos is lying to your face.