Oil Drops $30/Barrel In One Week Thanks To Biden

[gfm7175]

The same stuff he did to bring the price up.

It's wild how conservatives aren't really happy about prices going down.

.... which is????? ..... what exactly???

It's wild how liberals aren't really intelligent enough to answer a fucking simple straightforward question.

 

[gfm7175]

Wait, so you are saying Biden CAN control the price of oil? Because your argument has been he can't!

Glad to see someone else catch on to this discrepancy between the OP's OP and the OP's subsequent posts...

The OP is in a paradox regarding this, and is therefore being irrational.

 

[gfm7175]

The same exact thing he did when the Communists on this board claimed he was responsible for the increase in price.

... WHICH IS???? .... You still haven't answered the question... nor have you cleared your paradox between the OP ("thanks Biden!") and your subsequent posts ("Biden can't control/influence oil/gas prices").

 

[gfm7175]

That's why I have these communists on ignore.

Remind Stringy that the airline industry shut down. Then instruct him to research the amount of fuel the industry uses.

YOU are the communist, moron.

Remind yourself that gas prices were low under Trump ALL THROUGHOUT HIS TERM, not solely after the COVID scamdemic began...

 

[gfm7175]

Wait until one of the communists claims that Biden shut the Keystone XL. That's one of my favorites.

You must've completely missed his DAY ONE executive order then.........

 

[gfm7175]

No. Your argument is that he CAN.

Which one is it?

No, YOUR argument is that he can.... yet can't...

Which one is it?

 

[gfm7175]

Around here the sky is grey most of the time.

Prime conditions for solar energy!

 

[Mott the Hoople]

Inflation is outpacing wages, he has already lost. With these fuel increases every service and product will see increases to the consumer, he will lose by even more votes than Carter

Uh no inflation is not outstripping economic growth. Didn’t you read what I wrote? Real gdp growth in 2021 was 5.5% when adjusted for inflation.

Also, Presidential metrics consist of more than economic growth, though short term economics and long term growth are two of them. Biden has already won the economic argument for 2021. If Biden can achieve the metrics for the remainder of his term that he achieved in 2021 he Would win te-election.

That’s a big if. Trump was cruising to re-election till 2020. Had not bungled the COVID-19 pandemic and the Nationwide civil unrest sparked by the George Floyd murder he would have been re-elected.

 

[Into the Night]

The Democrats did not try to make Obama look bad. It is just silly to claim that.

They didn't try, but they certainly did make Obama look bad. Obama is a Democrat he also made himself look bad.

Perhaps you have forgotten:
The fiasco with the 'used car destruction' policy.
The fiasco with attempting to nationalize the health insurance industry.
The nationalizing of General Motors to 'save it from itself'.
The fiasco with printing money wholesale and the resulting inflation.
Obama's constant use of racism. Yes. Obama is racist.
The fiasco with attempting to ban and limit guns, discarding the Constitution of the United States.

Shall I go on?

 

[Into the Night]

There is a huge amount of fracking happening right now, so no ban on fracking.

Denial of history. Hallucination.

 

[Into the Night]

Pathetic, politician lover's at their finest.

The POTUS (Rep or Dem) gets no blame when something is shit.
And ALL the credit when it gets better...even if he had little/nothing to do with it actually getting better.

You people who actually believe in politicians are beyond pathetic.

I swear - if Hitler was alive?
Lock him in a room with you lot for 60 minutes and you will be voting for him for POTUS...even if you are Jewish.

Each one of you should have your faces plastered next to the definition of 'gullible'.

If a politician is to blame, than he can't just shove it off on someone else or ignore it without consequences.

 

[Into the Night]

Inflation is outpacing wages, he has already lost. With these fuel increases every service and product will see increases to the consumer, he will lose by even more votes than Carter

You forget the election fraud by Democrats.

 

[Into the Night]

we lost a few but most were replaced by large ones with better money management, Democrats always favor large businesses over small. FDR's NRA legislation destroyed the tire market reducing 30+ makers of tires to 12-15 before SCOTUS put a stop to it.

More than a few. Thousands. It wasn't money management. They were prevented from operating by DEMOCRATS.

 

[Into the Night]

Interesting... I'd like to learn more about this from you, since I am a stupid dumbfuck republitard... What policy or policies did Biden enact that caused oil to drop $30 in 6 days. I thought that the mantra was that a President doesn't have any control/influence whatsoever over gas prices??? Now all of a sudden a President has that power again??

In a way, he did. He used up the Strategic Oil reserve to dump oil on the market to bring prices down. That was only temporary. His continued shutting down of oil development is driving prices up since a lot of oil in the States is off the market.

Federal rules are compelling the refineries to switchover to 'summer' mix gasoline, which has many different varieties for every region. There are a several hundred different mixes required now.
Of course, many of these are in the SDTC. Maybe we should just stop selling them gasoline. They want to outlaw the internal combustion engine anyway.

 

[Walt]

The fiasco with the 'used car destruction' policy.

There was no used car fiasco. There were too many cars in America due to insane stimulus by Bush, and Obama solved it.

The fiasco with attempting to nationalize the health insurance industry.

Health insurance was not nationalized. Millions of people got private health insurance, which is the opposite of nationalizing health insurance.

The nationalizing of General Motors to 'save it from itself'.

Bush had GM go bankrupt. It went through a guided bankruptcy, which is better than a complete bankruptcy.

The fiasco with printing money wholesale and the resulting inflation.

Bush left a problem with deflation (the opposite of inflation). Obama was never able to get inflation up to the target level. In other words, we all wish he created more inflation.

Obama's constant use of racism. Yes. Obama is racist.

The majority of his cabinet was white.

The fiasco with attempting to ban and limit guns, discarding the Constitution of the United States.

Obama did nearly nothing with guns.

Shall I go on?[/QUOTE]

 

[Into the Night]

Biden's policies have created a very unfriendly environment for the domestic oil and gas industry.


I see no reason to believe that gas prices will come down below $3/gal anytime soon. If anything, they will likely give $5+/gal a try...

It depends on whether Biden is as stupid as Carter by mandating price controls on gasoline. That of course trades high prices for shortages.

 

[Into the Night]

Not at all... The Demonkkkrat Party just got done doing this with COVID tyranny for the past two years... You seem to have forgotten about that.

It's still not done. It's still required on public transportation and commercial passenger flights.
A lot of government offices require it too.

 

[Althea]

You must've completely missed his DAY ONE executive order then.........

You poor, poor little Communist.

There IS NO Keystone XL. But you did illustrate the problem with Communists in this country.

WTF is wrong with you?

 

[Stringfellow Hawk]

Yes it is all BIDEN

Crude Oil WTI (NYM $/bbl) Front Month

Last Updated: Mar 17, 2022 at 3:25 p.m. EDT
Delayed quote
$103.82

8.78 9.24%

SETTLEMENT PRICE 03/16/2022

https://www.marketwatch.com/investing/future/crude oil - electronic
$95.04

 

[Into the Night]

Climate change is an undefined buzzword. It means NOTHING. It is not possible to measure the temperature of the Earth to any usable accuracy. There aren't near enough thermometers to even begin such an analysis.

Quite right. Climate itself has no value associated with it. There is nothing that can 'change'.
The Church of Global Warming uses the buzzword 'climate change' as a substitute for 'global warming'. Lately, I've seen some of them starting to use the buzzword 'climate crisis', which of course still means 'global warming' (a buzzword in and of itself, since no time is specified that a 'warming' occurred, and if one is, it is not explained why those two times are significant, and any other two times are not significant.

Of course, they ignore that people regularly undergo a temperature variation of a good 100 deg F each winter and summer.

Faces with this paradox, they start mentioning storms, which aren't even climate. They're weather.
They also ignore that you can't measure the global storm activity either. Storms come and go. They are created and destroyed (storms are actually self destructive).