Gas prices $2.60 near me - Righty narratives flop

[Lesh]

From the dembot that thinks 11 and 0 are the same thing and inflation makes home ownership possible…I’ll take that as a compliment

Christ you’re an idiot

 

[Independent thinker]

As we select the next President today lets all thank Joe for low gas prices.

• Guess it wasn’t the keystone pipeline
• Guess Joe didn’t destroy the oil industry
• Guess fuel prices didnt drive up inflation since they are so low now and prices are still up there

Looks like every single narrative of the right wing liars has fallen on its proverbial face.


View attachment 1036851

Looks like gas prices are back up. You may wind up losing this election.

 

[beagle9]

Dear Lord.
It was in FACT a trump Deal.
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Did he sign it ?

 

[Winco]

Did he sign it ?

What kind of SPIN would you like to add?

 

[beagle9]

What kind of SPIN would you like to add?


View attachment 1042648

Did he sign it ?

 

[NetJedi]

As we select the next President today lets all thank Joe for low gas prices.

Thanks Joe, now pack your up shit and call a moving truck, Daddy's home.

 

[Winco]

Did he sign it ?

He negotiated and pressured for it's acceptance.

You denying this ^^^^ ?

Trump had a big part in this deal.

 

[beagle9]

He negotiated and pressured for it's acceptance.

You denying this ^^^^ ?

Trump had a big part in this deal.

Did he sign it ?

 

[Winco]

Did he sign it ?

Then, after a week of informal talks and arm-twisting by President Donald Trump, a larger group of countries agreed to coordinate cuts with the Saudis and Russians to push prices higher and end the crisis. Saudi Arabia pledged to cut about 4 million barrels per day (bpd) to its lowest level of output in nearly a decade, according to Eurasia Group’s research. Russia promised a reduction of 2.5 million bpd. The U.S., Brazil, Canada, Mexico and Norway joined OPEC countries to promise smaller cuts. Add scaled-back drilling and bankruptcies forced by the price war, and global oil output could fall by 15 million to 20 million bpd in coming weeks. But this grand bargain won’t help oil producers as much as they would like. The COVID-19 lockdown has dropped demand for oil by about 25 million bpd from a precrisis level of about 100 million bpd. As countries recover, their demand for crude will rise again, but that will take time. And some countries in this deal will cheat. Oil deals never deliver all they promise because it’s easy for some to sell more than they promise. That’s especially true for countries like Russia that move large volumes of crude by pipeline.

Who won the oil-price war? Nobody. Mohammed bin Salman, Saudi Arabia’s impetuous crown prince, hasn’t done himself any favors. As with Saudi involvement in Yemen’s civil war, the murder of journalist Jamal Khashoggi and other matters, the prince has wreaked havoc with little to show for it. As for the Russians, they underestimate the resilience of the U.S. shale-oil companies.


If there is a winner, it might be Trump. In brokering this deal, he proved that the U.S. President can still convene powerful countries around a table to make a deal. It’s also the first time in decades an American President has pushed for higher oil prices, a reminder that the U.S. is now the world’s leading oil producer.

 

[beagle9]

Then, after a week of informal talks and arm-twisting by President Donald Trump, a larger group of countries agreed to coordinate cuts with the Saudis and Russians to push prices higher and end the crisis. Saudi Arabia pledged to cut about 4 million barrels per day (bpd) to its lowest level of output in nearly a decade, according to Eurasia Group’s research. Russia promised a reduction of 2.5 million bpd. The U.S., Brazil, Canada, Mexico and Norway joined OPEC countries to promise smaller cuts. Add scaled-back drilling and bankruptcies forced by the price war, and global oil output could fall by 15 million to 20 million bpd in coming weeks. But this grand bargain won’t help oil producers as much as they would like. The COVID-19 lockdown has dropped demand for oil by about 25 million bpd from a precrisis level of about 100 million bpd. As countries recover, their demand for crude will rise again, but that will take time. And some countries in this deal will cheat. Oil deals never deliver all they promise because it’s easy for some to sell more than they promise. That’s especially true for countries like Russia that move large volumes of crude by pipeline.

Who won the oil-price war? Nobody. Mohammed bin Salman, Saudi Arabia’s impetuous crown prince, hasn’t done himself any favors. As with Saudi involvement in Yemen’s civil war, the murder of journalist Jamal Khashoggi and other matters, the prince has wreaked havoc with little to show for it. As for the Russians, they underestimate the resilience of the U.S. shale-oil companies.


If there is a winner, it might be Trump. In brokering this deal, he proved that the U.S. President can still convene powerful countries around a table to make a deal. It’s also the first time in decades an American President has pushed for higher oil prices, a reminder that the U.S. is now the world’s leading oil producer.

Did he sign it ?

 

[flewism]

Same day in 2019 (November 5, 2019) gas was $2.79… People now make 30% more. So Gas is actually cheaper now than under Trump during his heyday.

More lying leftist bull shit.

Gas prices are a reflection of what is expected 3 months from now. When all the Biden-Harris EO restrictions are repealed.

Drill baby drill!

"Between November 2020 and September 2024, nominal wages increased 19.2 percent on aggregate. During the same time, consumer prices have surged by 20.6 percent, though, meaning that prices hikes have erased any wage growth and left real wages 1.1 percent short off where they were four years ago."

ttps://www.statista.com/chart/32428/inflation-and-wage-growth-in-the-united-states/#:~:text=Between%20November%202020%20and%20September%202024%2C%20nominal%20wages,short%20off%20where%20they%20were%20four%20years%20ago.