Biden's bungling in the news

L

Legion

Oderint dum metuant
c9ee0261-e7bc-4407-b4ef-eb67b04c08b7-870x435.jpg



Bungling Biden announced his latest supposed silver bullet to deal with inflated gas prices that reached their all-time high last month — more ethanol than usually allowed in American gas — during a speech on Tuesday evening in Iowa.

As usual, bungling Biden's announcement was more about avoiding blame that explaining what his plan would do...because it won't do much.

Bungling Biden's decision to use executive authority to have the Environmental Protection Agency (EPA) waive normal rules to allow grain-based ethanol mixtures of up to 15 percent in American gas supplies is, according to the White Louse, more action aimed at lowering gas prices bungling Biden claims have skyrocketed due to Putin's invasion and greedy oil and gas CEOs.

But there are more than a few problems with bungling Biden's new plan.

First, the EPA typically restricts ethanol-rich fuel during the approaching summer months due to the increased pollution and smog its use causes.

The U.S. Energy Information Administration notes that ethanol-gasoline mixtures "have higher evaporative emissions from fuel tanks and dispensing equipment" that "contribute to the formation of harmful, ground-level ozone and smog."

So, bungling Biden is ordering the EPA to abandon its mission to "to ensure that Americans have clean air" while cutting into America's food supply despite warnings of upcoming shortages.

Ethanol also has one-third less energy than unleaded gasoline, according to the U.S. Department of Energy, meaning cars burning the E15 mix get 4 to 5 percent fewer miles per gallon than the same vehicle would using regular gasoline.

That means cars using E15 will burn more fuel to go the same distance and necessitate more frequent fill-ups.

What will Americans get in return for increased smog and ground-level ozone and fuel that gets them fewer miles per gallon?

Savings of ten cents per gallon at around 2,300 gas stations where E15 is available, according to bungling Biden regime officials.

That's 2,300 out of the "more than 150,000 fueling stations across the United States" reported by the American Petroleum Institute.

AAA reports the national average for a gallon of unleaded stood at $4.098 on Tuesday, up from $2.863 one year ago.

So, with gas — on average — more than $1.20 more expensive since last year, bungling Biden will save a small fraction of the country's population ten cents per gallon.

Bungling Biden's bragging of this new "action" is reminiscent of the White Louse touting a $0.16 savings on their Independence Day BBQs.


:palm:



https://townhall.com/tipsheet/spencerbrown/2022/04/13/president-bidens-corny-new-plan-to-lower-gas-prices-has-some-problems-n2605788
 
Ethanol kills small engine (lawnmower) carburetors. Ethanol also is very hard on some boat engines. Because fertilizer prices are going up corn prices will are rising so this will just put more pressure on food prices.
 
Legion said:
c9ee0261-e7bc-4407-b4ef-eb67b04c08b7-870x435.jpg



Bungling Biden announced his latest supposed silver bullet to deal with inflated gas prices that reached their all-time high last month — more ethanol than usually allowed in American gas — during a speech on Tuesday evening in Iowa.

As usual, bungling Biden's announcement was more about avoiding blame that explaining what his plan would do...because it won't do much.

Bungling Biden's decision to use executive authority to have the Environmental Protection Agency (EPA) waive normal rules to allow grain-based ethanol mixtures of up to 15 percent in American gas supplies is, according to the White Louse, more action aimed at lowering gas prices bungling Biden claims have skyrocketed due to Putin's invasion and greedy oil and gas CEOs.

But there are more than a few problems with bungling Biden's new plan.

First, the EPA typically restricts ethanol-rich fuel during the approaching summer months due to the increased pollution and smog its use causes.

The U.S. Energy Information Administration notes that ethanol-gasoline mixtures "have higher evaporative emissions from fuel tanks and dispensing equipment" that "contribute to the formation of harmful, ground-level ozone and smog."

So, bungling Biden is ordering the EPA to abandon its mission to "to ensure that Americans have clean air" while cutting into America's food supply despite warnings of upcoming shortages.

Ethanol also has one-third less energy than unleaded gasoline, according to the U.S. Department of Energy, meaning cars burning the E15 mix get 4 to 5 percent fewer miles per gallon than the same vehicle would using regular gasoline.

That means cars using E15 will burn more fuel to go the same distance and necessitate more frequent fill-ups.

What will Americans get in return for increased smog and ground-level ozone and fuel that gets them fewer miles per gallon?

Savings of ten cents per gallon at around 2,300 gas stations where E15 is available, according to bungling Biden regime officials.

That's 2,300 out of the "more than 150,000 fueling stations across the United States" reported by the American Petroleum Institute.

AAA reports the national average for a gallon of unleaded stood at $4.098 on Tuesday, up from $2.863 one year ago.

So, with gas — on average — more than $1.20 more expensive since last year, bungling Biden will save a small fraction of the country's population ten cents per gallon.

Bungling Biden's bragging of this new "action" is reminiscent of the White Louse touting a $0.16 savings on their Independence Day BBQs.


:palm:



https://townhall.com/tipsheet/spencerbrown/2022/04/13/president-bidens-corny-new-plan-to-lower-gas-prices-has-some-problems-n2605788
Click to expand...

The little shit stain, neglected to mention that gas prices are declining, so fuck off my little lying imbecile.
 
The core inflation rate in Europe has remained well below that of the United States; the harmonized index of consumer prices (HICP) was 5.9% in February 2022 in Europe, compared with 7.9% in the United States.

So, what is the problem?

The problem lies in loose monetary policy from the Federal Reserve, combined with wildly irresponsible economic policy from the bungling Biden regime.

Begin with the Federal Reserve. Between 2008 and 2015, the Federal Funds Effective Rate was essentially zero. It rose to 2.39% in May 2019, then dove back down to zero amidst the DEMOCRAT-driven COVID-19 recession. This means that the Federal Reserve subsidized borrowing and spending.

But the problem didn’t stop there. During the politically-motivated pandemic panic, the Federal Reserve purchased some $4 trillion in assets, injecting liquidity into the economy in the mistaken belief that the problem was lack of demand, not lack of supply. This super-heated the economy; as supply chains attenuated, prices rose dramatically.

All of this was accompanied by ridiculously spendthrift policy from the bungling Biden bureaucracy.

Bungling Biden entered his stolen office with the Chinese disease on the wane — and then proceeded to inject trillions more in spending into the economy.

In 2020, the government spent approximately $6.6 trillion in federal outlays; in 2021, the year of recovery, the government spent $7.2 trillion.

That spending was wildly unjustifiable. With vaccines available and people going back to work, bungling Biden had a responsibility to leave the economy alone.

Instead, bungling Biden insisted on reshaping the economy according to his whim.


https://www.dailywire.com/news/yes-its-bidens-inflation
 
ExpressLane said:
Ethanol kills small engine (lawnmower) carburetors. Ethanol also is very hard on some boat engines. Because fertilizer prices are going up corn prices will are rising so this will just put more pressure on food prices.
Click to expand...

Indeed. It's a terrible shame, and bungling Biden is to blame.
 
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