Is Biden going to do ANYTHING to lower gas prices since there is an upcoming election?

[AsherN]

Since the US has been oil dependent since before Kennedy was President, gasoline prices are still at the mercy of OPEC+, who have been cutting production, perhaps to match our increase in production.

Even if the US produced more usable oil than it consumes, unless you nationalize the industry you are still at the mercy of global markets and prices.

 

[kyzr]

Even if the US produced more usable oil than it consumes, unless you nationalize the industry you are still at the mercy of global markets and prices.

Bullshit. Nationalizing only means that morons like Hunter Biden run the oil 'bidnis'.
Capitalism works if we keep government from fucking with it.

 

[Lesh]

Not much left, he had to use it for the mid terms.

There’s plenty left. But you don’t want to address the problem. You want to bitch about it

 

[pknopp]

Bullshit. Nationalizing only means that morons like Hunter Biden run the oil 'bidnis'.
Capitalism works if we keep government from fucking with it.

Capitalism isn't working anywhere as it's not actually practiced anywhere.

 

[kyzr]

Capitalism isn't working anywhere as it's not actually practiced anywhere.

Well whatever we have is working, at least until Joe Biden became president.

 

[rightwinger]

It's the one thing I look forward to during election season. Gas is still about double from when he took over.
Do you anticipate any changes out of the administration to try tackling these high prices?

Actually it is Joe Biden who controls global gas prices.

He has a App on his phone where he can raise or lower the price of gas. He is obviously raising the price of gas to punish the American people

 

[pknopp]

Well whatever we have is working, at least until Joe Biden became president.

Our 33 trillion dollar debt shows it is not working.

 

[22lcidw]

So what? Always with the excuse, "the Republicans are afraid of the Democrats saying bad things about them".




Ron Paul ran for president. He wasn't supported.

Ron Paul's spiel was the fiat currency and it unleashing to run amok. We all live with it. And we all should try to understand it. And it is not easy to do. People who study it are kept silent. I am not an expert. I do believe it. Many nations we see collapsing have the fiat currencies. Only they are not near last in line when things collapse like the United States. Did you think that England just fell as the top nation? We replaced them economically around the beginning of the 20th century and we were slow militarily to do so. 1913 set our future course. For better or worse.

 

[Fort Fun Indiana]

Not a lot he can do. It's a global market.

 

[22lcidw]

Actually it is Joe Biden who controls global gas prices.

He has a App on his phone where he can raise or lower the price of gas. He is obviously raising the price of gas to punish the American people

The corporations in a simple way take the prices and add ten percent to it for profits. To let them drill without interference brings the prices down. To build many pipelines to destinations refineries and build new ones will lower prices. Infrastructure improvements in highways will also help. Joe is interfering. That is why we are paying. Around the world major conflicts could affect prices or OPEC can also. We have JOEPEC. And he made OPEC more powerful.

 

[g5000]

It's the one thing I look forward to during election season. Gas is still about double from when he took over.
Do you anticipate any changes out of the administration to try tackling these high prices?

Gas prices have been declining. Food prices are coming down. Our economy is growing faster than any other advanced country. Inflation has come down more than any other country.

Employment is the highest it has been in decades.

We are now more energy independent than we ever have been.

We are producing more oil than we ever have.

Wages Are Finally Outpacing Inflation. Will Americans Ever Feel It? | Bankrate

A new Bankrate study shows wages are on pace to fully recover from inflation by the fourth quarter of 2024 — but a recession could change that.

www.bankrate.com

 

[g5000]

Trump and his horde of tru bleevers are praying for America to fail.

They look for any sign of negativity and attempt to pin it on Biden.

Their motives are as transparent as Trump Vodka.

 

[surada]

He isn't going to address the actual problem. No one will.

The US government doesn't own any oil companies.

 

[surada]

Gas prices have been declining. Food prices are coming down. Our economy is growing faster than any other advanced country. Inflation has come down more than any other country.

Employment is the highest it has been in decades.

We are now more energy independent than we ever have been.

We are producing more oil than we ever have.

Wages Are Finally Outpacing Inflation. Will Americans Ever Feel It? | Bankrate

A new Bankrate study shows wages are on pace to fully recover from inflation by the fourth quarter of 2024 — but a recession could change that.

www.bankrate.com

You're right. The US economy has proven pretty resilient.

 

[surada]

Since the US has been oil dependent since before Kennedy was President, gasoline prices are still at the mercy of OPEC+, who have been cutting production, perhaps to match our increase in production.

OPEC has always been a dollar cheaper than US oil.

 

[airplanemechanic]

They can charge whatever they want for it so be thankful it costs as little as it does.

Um, who is "they"?

 

[22lcidw]

You're right. The US economy has proven pretty resilient.

We are the final nation on the line until we are not.

 

[pknopp]

The US government doesn't own any oil companies.

I have never argued for them to own them.

 

[airplanemechanic]

Gas prices have been declining. Food prices are coming down. Our economy is growing faster than any other advanced country. Inflation has come down more than any other country.

Gas prices have been declining????

"Prices at the pump climbed to their highest level of the year on Monday as oil prices push past $92 a barrel.

The national average for regular gas hit $3.88 a gallon on Monday, the highest price since October 2022, according to AAA. Gas prices have jumped by five cents a gallon in the past week alone."

https://www.cnn.com/2023/09/18/business/gas-prices-2023-high/index.html#:~:text=Although%20the%20national%20average%20is,at%20this%20point%20last%20year.&text=Eleven%20US%20states%20now%20average,and%20Arizona%2C%20according%20to%20AAA.

Food prices are coming down???

Food prices are rising at the highest rate in decades. Here's where that money goes.

A dollar spent on food is split up among a dozen industries, many of which are seeing their own prices rise.

www.cbsnews.com

Links to both or retract that bullshit immediately.

Inflation coming down does not mean prices are coming down, it means they're not rising as fast as they were, but are still 4 times higher than under Trump.

 

[surada]

Bullshit. Nationalizing only means that morons like Hunter Biden run the oil 'bidnis'.
Capitalism works if we keep government from fucking with it.

The problem is that many Americans want cheap gasoline at any price... and think the government owes them that. Hunter Biden isn't in the oil business.. Rex Tillerson was.