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Gas Prices Skyrocketing Thanks Biden!
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<blockquote data-quote="Up In Smoke" data-source="post: 5435315" data-attributes="member: 79702"><p>Energy, like all commodities have their value determined through the open market. Physical oil, natural gas, coal, nickel, gold, copper, lumber and on and on. The President's policies to withhold subsides on US oil and gas production has certainly caused the industry to increase prices to deliver profits for the shareholder. I guess what I'm saying is, we could have cheaper energy by subsidizing the industry, but that just drives the National debt deeper in the red. We could just subsidize every family ten thousand dollars a year to offset inflation, but that just pushes us that much closer to socialism. If you believe capitalism is the answer, then we need to go through some pain to come out stronger.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5435315, member: 79702"] Energy, like all commodities have their value determined through the open market. Physical oil, natural gas, coal, nickel, gold, copper, lumber and on and on. The President's policies to withhold subsides on US oil and gas production has certainly caused the industry to increase prices to deliver profits for the shareholder. I guess what I'm saying is, we could have cheaper energy by subsidizing the industry, but that just drives the National debt deeper in the red. We could just subsidize every family ten thousand dollars a year to offset inflation, but that just pushes us that much closer to socialism. If you believe capitalism is the answer, then we need to go through some pain to come out stronger. [/QUOTE]
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