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Fox has nothing to do with it. You call me stupid and gullible yet you either ignore Biden’s domestic energy POLICY impact or you can’t refute how those policies don’t impact oil prices. Here’s a hint: what would be a catalyst for OPEC to reduce supply now? Think.Well YOU certainly haven't thought about it at all. You've accepted the FOX News lies that Biden is responsible for higher gas prices. Anyone who has thought about it at all blames OPEC for slashing worldwide production to drive up the price of crude oil, and the oil companies who have profitted by this deliberate reduction of the worlds oil supplies.
If high oil prices were a uniquely American problem, you might have some basis for your false premise, but since this is happening all over the world, you simply look gullible and stupid for continuing to repeat these lies.
Again. Regulatory policies towards any industry -especially commodities- is going to impact price. I learned that in Econ 101.Oil companies do not set the price of oil, or gasoline or diesel - they are both commodities.
I never said that...Just because you say that oil companies are gouging doesn't make it so.
Democrat congressional committees have found that out in the past.
FACT
Well Trump asked for the Oil supply to be cut after he lost the election...Fox has nothing to do with it. You call me stupid and gullible yet you either ignore Biden’s domestic energy POLICY impact or you can’t refute how those policies don’t impact oil prices. Here’s a hint: what would be a catalyst for OPEC to reduce supply now? Think.
So will the economyI know how to bring oil prices down...stop driving for a week. They'll drop like a rock.
There is no evidence of price gougingSo you are saying that Oil companies are keeping prices higher as retaliation?
This must be how the drug dealer in your neighbourhood behaves too..
So you support Oil companies price gouging because the US President talked about using other types of energy sources?
How long have you supporter the extortion of the American People...
Trump saw a decrease in US Oil production of 15% in his final year of office...We went through this in 2007 or so. Idiot democrats asked oil execs stupid, uninformed questions about ‘profit margins’ as if they had any clue about what they were asking.
Democrats are retarded baboons. Evil, retarded baboons.
Biden didn't... He said that he would work on alternatives and thus reduce demand...There is no evidence of price gouging
Oil prices are set by supply and demand
And its biden who vowed to reduce supply
Again who actually cut production:There is no evidence of price gouging
Oil prices are set by supply and demand
And its biden who vowed to reduce supply
What is the date on that story?Again who actually cut production:
Oil Nations, Prodded by Trump, Reach Deal to Slash Production (Published 2020)
The deal will reduce output by 9.7 million barrels a day. While significant, the cut falls far short of what is needed to bring oil production in line with demand.www.nytimes.com
US production:
Take off the blinkers and look at the actual evidence...
Biden has few options left to quickly bring down gas prices. Now he's making a big bet by bashing Big Oil and turning to a brutal leader for help.
Biden pledged that combating inflation would become his top domestic priority as soaring gas prices tank Americans' faith in the economy.www.businessinsider.com
Think about it. Biden and Company really believe in the stupidity of the American voter that if they shift blame and focus to the oil companies’ record profits, he will deflect accountability for his policies influence and impact on oil prices.
Oil producing companies are going to listen to Trump or any other US President? Bullshit. Oil Producing Companies are going to react to a US President that cuts oil infrastructure, ceases land leases, increase ethanol requirements or says, “we are going to end fossil fuels”.Well Trump asked for the Oil supply to be cut after he lost the election...
Oil Nations, Prodded by Trump, Reach Deal to Slash Production (Published 2020)
The deal will reduce output by 9.7 million barrels a day. While significant, the cut falls far short of what is needed to bring oil production in line with demand.
I know this is hard to explain but please do...
Biden didn't really implement any policies... Nothing that would change the price of oil significantly in the short term... He did far more about reducing demand than reducing supply especially on global platform..
Don’t let your hatred of oil companies and your devotion to Biden cloud any economic judgement you have left. Shaming the oil companies into lowering prices after Biden’s policies increased costs are not going to help the US consumer. Both the oil companies and the US Consumer are mocking Biden for such a failed political move.No, it wont, but those dirtbags raking in all that profit….Them forfeiting that profit by lowering prices will…well…lower prices. Good for President Biden for shaming them enough to hopefully make that happen
They are, but they just can't say it out loud. It's gonna cost them their jobsWhy aren't the gutless coward Dems celebrating? This is what they wanted, sky high gas prices to push their climate change BS and 'green' energy. Why aren't Dems on TV daily taking a victory lap?
It took almost a year for him to get production cut..What is the date on that story?
Trump has been out of office for almost 2 years
yep. they should be PRAISING oil companies!!!!!!!Why aren't the gutless coward Dems celebrating? This is what they wanted, sky high gas prices to push their climate change BS and 'green' energy. Why aren't Dems on TV daily taking a victory lap?
So you are saying high oil prices are in retaliation....Oil producing companies are going to listen to Trump or any other US President? Bullshit. Oil Producing Companies are going to react to a US President that cuts oil infrastructure, ceases land leases, increase ethanol requirements or says, “we are going to end fossil fuels”.
And please, use something other than a New York Times Opinion piece whose only goal is to make excuses and limit political fallout for their guy’s failed energy policies.
if you think oil companies are dirt bags because of profit, you musth think the govt are the biggest dirt bag sons of bitches on earth!!!!!!!!!! because they make more money of oil than anyone else.No, it wont, but those dirtbags raking in all that profit….Them forfeiting that profit by lowering prices will…well…lower prices. Good for President Biden for shaming them enough to hopefully make that happen
What you fail to notice is that trump supported US productionIt took almost a year for him to get production cut..
And he got a pretty pissed OPEC out of it...
View attachment 660360
See where the massive reduction is... This is not a tap you turn off and on...
You have a right to be pissed but it was Trump that pushed for this... Yep, you can complain that Biden can't seem to get a fix in quick enough(he has limited scope in fixing this) but let's not get away from the person that did most to break it..
By the way land leases and Keystone XL have nothing to to with todays prices...
