Didn't he try to take credit for a momentary dip in gas prices back in December?
https://news.yahoo.com/biden-took-credit-dip-gas-112543181.html
Why, yes. He did.
Why are US gas prices soaring when America barely uses Russian oil?
- Thread starter christiefan915
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Didn't he try to take credit for a momentary dip in gas prices back in December?
https://news.yahoo.com/biden-took-credit-dip-gas-112543181.html
Why, yes. He did.
The US also imports refined gasoline. Take your case to Forbes who published this piece two weeks ago.
"The United States imported more gasoline and other refined petroleum products from Russia than any other country in 2021.
That will make it tricky for President Biden and the United States to maneuver as it attempts to impose restrictions on U.S. exports to Russia, in the wake of President Vladimir Putin’s invasion of Ukraine.
In 2021, Russia accounted for 21% of all U.S. gasoline imports, with Canada second at 17%, according to U.S. Census Bureau data. By value, Russian imports increased 71.05%, which is slightly less than gasoline imports from the world, which increased 80.53%. The Russian total was $12.78 billion."
I'm flattered that you think I have that much influence over the entire globe.
If you know differently, prove it.
No, I want you to prove that Worldometer's numbers are false. Putting "experts" in quotes is an ad hom.
Monad Portal
Was it me?
that's him.
Monad Portal
Was it me?
and now you've wrecked your democratic strongholds.
If you're talking about Holden's own comments that follow that tweet, he is not referring to the Ukraine-Russia war, he's obfuscating.
I don't recall saying that. I do recall asking if you were complicit in reducing global demand for gasoline by endorsing silly lockdowns that didn't work and caused untold economic damage. We both know you're incapable of exerting any individual influence, or indeed, functioning outside the guiding influences of other, don't we?
You still want me to prove a negative?
I don't recall saying that they're "false". Are you prepared to prove that they are accurate?
I'll wait.
So you say.
Is that so?
Monad Portal
Was it me?
the president has power.
Not personally, but she approved of the policies that did, I suspect.
The old fool who supposedly wields that power can't even control his own bladder or bowels, I've heard.
cawacko
Well-known member
Maybe we’re looking at different tweets. In what I (attempted to) post it lists a string of articles dating back to Biden taking office and his energy policies. It’s not about the war
The topic is crude oil, not gasoline.
Good on you then. When it comes to LWers you are in the minority.
I'm talking about the war because that's when the surge in prices began. Check this link, prices averaged $3.61 in February. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m
"The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon (3.8 liters) as Russia's invasion of Ukraine is contributing to already-high prices at the pump. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the new price exceeds by 32 cents the prior all-time high of $4.11 set in July 2008. But that's still quite a ways from the inflation-adjusted record high of about $5.24 per gallon.
The price at the pump is $1.54 higher than it was a year ago.
Lundberg said gas prices are likely to remain high in the short term as crude oil costs soar amid global supply concerns following Russia’s invasion of Ukraine."
The president impacts oil prices like they do the stock market, extremely peripherally. Biden is not causing the gas prices to rise and is not telling oil companies what to do. They are looting. Repubs like that. Trumpys love it. But oil is an international product traded on the commodities market. Perhaps Biden should fly to London and interfere in the trading?
"Both oil and gas prices have been rocketing at a breathtaking pace as Russia’s invasion of Ukraine’s intensifies a price spike triggered by surging consumer demand as the pandemic eases and global crude supplies remain limited.
West Texas Intermediate, the U.S. benchmark, closed up nearly $4 at about $120 a barrel Monday, up about 30% the past month and 85% the past year."
https://finance.yahoo.com/news/oil-gas-companies-price-gouging-225315784.html