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

[ThatOwlWoman]

You are saying Republicans were willing to tear down America during the Obama Administration to try to make Obama look bad? Yes, that did happen.

Exactly.

 

[Walt]

6 HOURS INTO BIDENS PRESIDENCY HE BANNED FRACKING...

No, Biden did not. Alt right posters are making up lies, because they have no facts to backup their positions.

 

[Walt]

But as far as transportation needs, nothing is going to beat fossils, at this point.

Would it surprise you to hear I agree with you? The only difference is that I place far more emphasis on the "at this point" of statement. In 1901, it would be safe to say that cars do not beat horses, AT THIS POINT, but a few years later, cars were beating horses.

 

[Walt]

Gas buddy doesn't take into account the fly over red states

It takes a sampling of prices everywhere, including more rural areas.

 

[Althea]

You are saying Republicans were willing to tear down America during the Obama Administration to try to make Obama look bad? Yes, that did happen.

They gathered to plot just that on the night of Obama's first inauguration. And they don't try to hide it either

 

[Althea]

It takes a sampling of prices everywhere, including more rural areas.

Correct. Where the Keystone pipeline dead ends now, there is always cheap fuel.

 

[Althea]

No, Biden did not. Alt right posters are making up lies, because they have no facts to backup their positions.

I literally handed Matt Dillon his ass on that one.

He actually had to admit that he was lying, and that Biden did no such thing.

Good luck getting Stinkfish to do the same.

 

[Callinectes]

Oil closed at $95 today, down $30 from 6 days ago.

Proof that this is a sham, and Biden's policies are working.

Let's hope he keeps up the good work, and it continues to drop.

Thanks JOE!!!

Wait a minute damn it. Resident tater head blamed this mess on pooty. So what's the tater done to bring the price down? Please let me know, or I will just believe pooty poot did something to bring it down, since he engineered it. Yay vlad!!...or maybe it was neither of those boneheads. I do, in fact, know what was responsible and I'll give you a hint: it was neither of those boneheads.

 

[Into the Night]

Oil closed at $95 today, down $30 from 6 days ago.

Proof that this is a sham, and Biden's policies are working.

Let's hope he keeps up the good work, and it continues to drop.

Thanks JOE!!!

Joe didn't do anything.

 

[Into the Night]

Yes. It's still overpriced, as is gasoline.

Now they have to admit that Biden's policies are bringing the price down.

You are correct. They are cheering for Putin as he claimed that $300/barrel was right around the corner.

Biden didn't do anything.

 

[Into the Night]

Isn't it an odd thing when a certain party would rather see their fellow Americans suffering -- and themselves as well -- as long as (in their delusions) it makes the POTUS look bad?

Inversion fallacy. You are describing yourself.

 

[Sailor]

I was out for the evening. I hope I was able to clear it up for you this morning.

You did not, but I hope you had an enjoyable evening. You are one of the few from the other side I can disagree with however actually get along with.

 

[Into the Night]

It's all fun and games until it all runs out, you stupid fucks.

Why would it run out? Oil is a renewable resource. So is natural gas.

 

[Sailor]

Um isn't that the point?

Maybe. He did nothing.

 

[Sailor]

The same stuff he did to bring the price up.

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

Conservatives as a whole understand how the economy actually works. They are generally the biggest emloyers in this country and the highest amount of tax payers. Prices should have never gone up this quick and they certainly will not go down as quick as they went up. Less monies to pass on to employees/.

 

[Into the Night]

During mid-2020 the price per barrel for oil dropped to a negative number.

Never did.

What is the percentage difference between -$37 and +$95? Be glad that the pump price didn't rise at the same percentage.

Never dropped to a negative price.

‘Unreal’: Oil prices go negative for the first time in history

Fake News. Oil never dropped to a negative price.

1) The price of oil is based on supply and demand. 2) Oil is a global commodity, traded on the futures markets of the planet. 3) No world leader controls the price, unless you count the Saudis controlling OPEC and how much oil they pump.

OPEC does not control the price of oil.

 

[Into the Night]

i was gonna say what policies ("thanks to Biden" OP)
- but they have so little to cheer about Biden. Let them enjoy their delusions

No. It was their delusions that got us into this mess.

 

[Into the Night]

It's interesting and quite true. They have zero to do with Biden, with Putin, with Xi, with Marcon, etc. Oil is a commodity, just like corn and wheat, and traded on the futures markets. What happens when there is a glut of wheat? Price per bushel falls. What happens when there's a sudden surge in demand for corn? Prices rise. Ditto for oil.

By removing domestic supplies, Biden affected the price of oil.

 

[Into the Night]

I love when you throw their nonsense back into their faces when oil dips, and they have to admit that they lied about Biden.

Denial of history.

 

[Into the Night]

Thanks. But they will admit nothing, not even that the sky is blue, if a non-RWer says that it is.

Around here the sky is grey most of the time.