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Started By
Message
re: Biden caused this Fuel Crisis. Period.
Posted on 3/8/22 at 3:56 pm to hubertcumberdale
Posted on 3/8/22 at 3:56 pm to hubertcumberdale
Yes, please do it so everyone here with more than one brain cell can note the correlation while still understanding 100-level pricing dynamics.
Posted on 3/8/22 at 3:57 pm to Vacherie Saint
quote:
Why is that curious? Dems...Obama...
I say Trump increased Russian oil imports. You say Obama did too!!1!
You don't even realize that you're implying Trump is no better than Obama.
Posted on 3/8/22 at 4:00 pm to WildTchoupitoulas
quote:
You don't even realize that you're implying Trump is no better than Obama.
In terms of importing oil from Russia? Sure. Every president since at least Clinton has.
In terms of policy rooted in simulating domestic production and reducing the regulatory burden? Its not even fricking close.
ETA. And lets not cavalierly gloss over the difference between trading oil as a strategic international commodity as a 100% oil independent net-exporter, versus being forced to buy foreign oil to keep the lights on.
This post was edited on 3/8/22 at 4:06 pm
Posted on 3/8/22 at 4:01 pm to hawkeye007
quote:
Let's not forget the pandemic shuttered domestic oil and gas production
"The pandemic"
Nothing to do with the prolonged shutdowns by politicians I guess.
Posted on 3/8/22 at 4:03 pm to wheelr
100% it was a prolonged shutdown but thats not the point of my statement. Oil and gas shut themselves down due to demand. profit always rules decisions doesnt matter the cause of the decision.
Posted on 3/8/22 at 4:06 pm to WildTchoupitoulas
quote:
Here's some more "truth":
Average gas price in 1978 - $0.63
Average gas price in 1981 - $1.31
That's a whopping 208% increase.
President in 1978 - Carter
President in 1981 - Reagan
Ah, yet more deciet and intellectual dishonesty coming from you.
It was 0.62 when Carter took office, by the time he left it was 1.19 and rising
The first year Reagan took over it got to 1.31 but in his last year it was back down to 0.90.
Cherry picking, deciet and outright lies. It's all you're made of dude
Posted on 3/8/22 at 4:07 pm to FredBear
this is what shilling looks like. bastardizing and oversimplifying data to defend shite policy.
Posted on 3/8/22 at 4:09 pm to Vacherie Saint
quote:
this is what shilling looks like. bastardizing and oversimplifying data to defend shite policy.
Yep and that guy I responded to is nothing but a bullshite artist. It's revolting really
Posted on 3/8/22 at 4:11 pm to Chazreinhold
Stop using “Biden”. He’s nothing, he’s not making any plans.
Posted on 3/8/22 at 4:12 pm to Chazreinhold
Everything Biden says is a lie
Posted on 3/8/22 at 4:12 pm to Vacherie Saint
quote:
ETA. And lets not cavalierly gloss over the difference between trading oil as a strategic international commodity as a 100% oil independent net-exporter, versus being forced to buy foreign oil to keep the lights on.
Are you willing to cavalierly gloss over the fact that we started on the path to being a net exporter during the Obama administration?
It reminds me of the line in The Sun Also Rises:
“How did you go bankrupt?”
“Two ways, gradually, then suddenly.”
Posted on 3/8/22 at 4:18 pm to wheelr
quote:
"The pandemic"
Nothing to do with the prolonged shutdowns by politicians I guess.
Thanks! I've been waiting for someone to point that out. People like to blame things on COVID without acknowledging that the vast majority of our woes are actually caused by our response to the virus. We could have responded differently. Many of us could foresee that the "cure" would end up being worse than the disease. I recall a certain President warning us of this.
Posted on 3/8/22 at 4:39 pm to FredBear
quote:
Cherry picking, deciet and outright lies. It's all you're made of dude
Jesus, you're desperate.
The point is that gas prices fluctuate generally independently from the president. Yes, some of Trump's policies put downward pressure on gas prices, yes, some of Biden's policies put an upward pressure on gas prices, but to imply that the difference in price from 2019 to today is simply due to Biden, you are cherry picking, deceiving and outright lying. But I know that's not all you're made of.
xoxoxox
Posted on 3/8/22 at 4:41 pm to WildTchoupitoulas
quote:
we started on the path to being a net exporter during the Obama administration?
I admire the generous literary license you took here, but this has already been covered.
Posted on 3/8/22 at 4:43 pm to WildTchoupitoulas
quote:
but to imply that the difference in price from 2019 to today is simply due to Biden
Literally no one is saying that.
Posted on 3/8/22 at 4:47 pm to hawkeye007
The current supply shock we are experiencing, that is on every news headline, has been coming for some time. EIA data showed a reduction in crude stocks beginning in July 2020 (though there was more oil on the surface of the world than ever in history), and the rate of the decline has been faster than any other time in history. All political BS aside, the reason oil is 125$/bbl right now is because of depressed capital investment in the industry on a global scale since the end of 2014.
Biden is a joke, and certainly has compounded the situation (frick him). However he is not solely responsible. Oil is a globally priced commodity, the US produces 11-12 mm bbls/day while the world consumes +/- 100 mm bbls/day. That is only %11-12 of the total market. Im not defending the clown, but its not 100% his fault.
The cure for high prices is high prices, and the cure for low prices is low prices. Its the nature of commodities, they are cyclical. Oil is magnified since it is the #1 thing that makes the world economies go.
Biden is a joke, and certainly has compounded the situation (frick him). However he is not solely responsible. Oil is a globally priced commodity, the US produces 11-12 mm bbls/day while the world consumes +/- 100 mm bbls/day. That is only %11-12 of the total market. Im not defending the clown, but its not 100% his fault.
The cure for high prices is high prices, and the cure for low prices is low prices. Its the nature of commodities, they are cyclical. Oil is magnified since it is the #1 thing that makes the world economies go.
Posted on 3/8/22 at 4:49 pm to Vacherie Saint
quote:
Literally no one is saying that.
Maybe you should look up the difference between "saying" and "implying", because it certainly was implied here:
LINK
Posted on 3/8/22 at 4:51 pm to Caraway Rye
quote:
The United States can meet the energy demands of the United States all on its own
Exactly. But no investor is going to lay money down when a stupid Dem POTUS/Congress can just jump in at some point and shut down the whole works.
Oil>>>Fertilizer=Food. Cheating in the election was bad enough, but when the blowback from growling tummies hit the radical Dems in the face, they are done.
Posted on 3/8/22 at 4:53 pm to Chazreinhold
quote:
Americans have become addicted to cheap oil and gas.
Thanks a lot, Trump
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