Swanson
Henry Swanson's my name, and excitement's my game.
BIDEN BLOWS UP OIL PRICES BY CANCELLING DRILLING IN U.S. NOW BEGS OPEC
- Thread starter Swanson
- Start date
trickpony1
Well-Known Member
Didn't we have a pipeline.....White House Calls on OPEC+ to Boost Production as Gasoline Prices Soar
www.theepochtimes.com
Oh wait.......
Method Mensch
Well-Known Member
White House Calls on OPEC+ to Boost Production as Gasoline Prices Soar
UnionStrong
Sorry, but I don’t care anymore.
No lets piss away money buying it from people that hate us rather than producing it ourselves. The Democrats are a demonic lot, intent on bringing down America
PT Car Washer
Well-Known Member
Sure because Bill Clinton was President. Actually adjusted for inflation and todays gas prices are not that high.
UnionStrong
Sorry, but I don’t care anymore.
They only went up 50% in 6 months, what’s the problem? Adjust this
PT Car Washer
Well-Known Member
Remember a year ago you could not give away a barrel of oil when trump shut the country down. Higher gas prices are a sign of a booming economy.
UnionStrong
Sorry, but I don’t care anymore.
That has to be one of the dumbest things I’ve ever read. Even by your low standards it’s dumb
PT Car Washer
Well-Known Member
So I guess you don't have an intelligent rebuttal. Carry on.
UnionStrong
Sorry, but I don’t care anymore.
It would be wasted on you
PT Car Washer
Well-Known Member
Me and the rest of the world. But you go ahead and believe what you want to.
UnionStrong
Sorry, but I don’t care anymore.
That’s why you’re only part time, low IQ
Lineandinitial
Legio patria nostra
Standby….
Just when you think he’s hit bottom, he finds a way to lower the floor.
Probably a crummy car washer…
sailfish
Master of Karate and Friendship for Everyone
You should stop huffing the car wash soap.
zubenelgenubi
I'm a star
His reasoning is very straightforward. Pedo-Joe is the bee's knees, orange man bad. What's not to get?
refineryworker05
Well-Known Member
This is probably not accurate. Drilling stopped because no one wanted crude oil. There were crude oil stockpile increases, refineries cut back production, this stuff takes time to ramp back up. Especially considering the financial loses of petroleum companies.White House Calls on OPEC+ to Boost Production as Gasoline Prices Soar
Inflation alone would have increased the price of a $1 gallon of gas in 1998 to $1.62 in 2021.
Value of 1998 US Dollars today - Inflation Calculator
How much are 1998 dollars (USD) worth today? This tool calculates the time value of money based on inflation and CPI historical data from the United States.
www.inflationtool.com
So Trump's policies put gas prices pretty close to where they should've been during his tenure.Inflation alone would have increased the price of a $1 gallon of gas in 1998 to $1.62 in 2021.
Value of 1998 US Dollars today - Inflation Calculator
How much are 1998 dollars (USD) worth today? This tool calculates the time value of money based on inflation and CPI historical data from the United States.
View attachment 347931
View attachment 347932
It's 100% accurate. Yes there was plenty of oil on the market which reduced gas prices. Great for the consumer. Biden came in and shut down drilling on Federal land. Reduced the amount of domestic oil produced after we had finally reached self sufficiency and had become the world's biggest oil producer. And we're all paying at the pump now. Guess what? That's no big deal for someone with good pay but tell that to a guy making $30k a year who burns 10 gallons a week. He's having over $600 a year extra of take home pay taken away from him. Elections have consequences.