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

[Harpy Eagle]

I've said it for years. We don't need government control of the product just a law stating it can not be sold overseas.

Which is basically the same thing.

Farmland for instance. Why on earth would we let that be purchased by any entity from outside our borders???

Because we are a free country and who I sell my land/house to is up to me and not the Govt...or it should be

 

[airplanemechanic]

markets know that isnt going to happen as that would be stupid for the reasons i noted earlier.




Oil and gas prices went up after Trump was elected.

No it didnt. It went DOWN 12.8% and was DOWN for the first 8 months of his presidency. At one point it was down 61% under Trump. Under Obama the price of oil went up 173% at one point.

Crude Oil Prices - 70 Year Historical Chart

Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value.

www.macrotrends.net

 

[Lesh]

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

That’s what Asher was saying. Either live with the ups and downs of the market place or nationalize. Which do you prefer?of

If he would allow drilling, that would solve the problem.

What’s to keep SA from cutting production to match that (as they just did)?

 

[Independent thinker]

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?

They've got nuttin.

 

[Fort Fun Indiana]

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?

Like what? You keep forgetting to make any suggestions.

 

[Fort Fun Indiana]

They've got nuttin.

What do you have? Tell us how to lower the price of gas.

 

[BlindBoo]

We don't need government control of the product just a law stating it can not be sold overseas.

We did just that in 1975. It led to record imports of crude oil and a drop in US production.

U.S. Imports of Crude Oil (Thousand Barrels)

U.S. Field Production of Crude Oil (Thousand Barrels per Day)

The wise an great Obama signed, um well was forced to compromise at the end of 2015, and signed a bill allowing it. Since then the US Oil Patch has seen a boon in production.

 

[Remodeling Maidiac]

We did just that in 1975. It led to record imports of crude oil and a drop in US production.

U.S. Imports of Crude Oil (Thousand Barrels)

U.S. Field Production of Crude Oil (Thousand Barrels per Day)

The wise an great Obama signed, um well was forced to compromise at the end of 2015, and signed a bill allowing it. Since then the US Oil Patch has seen a boon in production.

Join us in 2023 and realize our capabilities from 5 decades ago have no basis in the realities we face today. Literally none.

Boomer

 

[bodecea]

I've said it for years. We don't need government control of the product just a law stating it can not be sold overseas. Same shit we need to do to stop the Chinese invasion in all of our industries but reversed. Farmland for instance. Why on earth would we let that be purchased by any entity from outside our borders???

The problem isn't complicated. The only thing that makes it appear complicated are the special interests and money involved.

So you would pass laws keeping sellers from selling their land as they wish if the best offer is from overseas? GOP party of small government?

 

[BlindBoo]

At one point it was down 61% under Trump.

So you're thanking Covid for the drop in gas prices?

Join us in 2023 and realize our capabilities from 5 decades ago have no basis in the realities we face today. Literally none.

Boomer

That ban lasted 4 decades. You know what they say about maroonies who refuse to learn from the past don't you? Well maybe not. Never mind.

 

[Remodeling Maidiac]

So you would pass laws keeping sellers from selling their land as they wish if the best offer is from overseas? GOP party of small government?

I would.

 

[Remodeling Maidiac]

So you're thanking Covid for the drop in gas prices?

That ban lasted 4 decades. You know what they say about maroonies who refuse to learn from the past don't you? Well maybe not. Never mind.

With all your green energy fiascos you all got going it shouldn't be a problem right? Or are you admitting green energy is not good enough and we NEED THE OIL

 

[JohnDB]

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?

Back pocket politics are very often a driving force behind who does or doesn't get elected.
Because second term presidents do more changes to the nation than first term think about. And in this case it likely will be very disastrous....I could be wrong but thus admin is certainly not doing very well.

 

[Richard-H]

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?

Are you suggesting that Biden nationalize the oil industry?

Set price controls?

Perhaps invade some oil producing countries?

Exactly what power do you think the President has over gas prices?

 

[Remodeling Maidiac]

Are you suggesting that Biden nationalize the oil industry?

Set price controls?

Perhaps invade some oil producing countries?

Exactly what power do you think the President has over gas prices?

I'm suggesting Biden DO HIS FIRST JOB and look out for the welfare of THIS NATIONS CITIZENS.

Big ask I know

 

[BlindBoo]

With all your green energy fiascos you all got going it shouldn't be a problem right? Or are you admitting green energy is not good enough and we NEED THE OIL

Who exactly believes that we will never use oil? Why does it have to be one or the other?

Alarm at rightwing push to reverse clean-energy success in Texas and beyond

Supporters of clean energy say they expect further battles ahead to prevent state’s progress in solar and wind from being unwound

www.theguardian.com

 

[Richard-H]

I'm suggesting Biden DO HIS FIRST JOB and look out for the welfare of THIS NATIONS CITIZENS.

Big ask I know

Exactly what should Biden do? (without the wild generalizations - please be specific)

 

[Carl in Michigan]

You want another release from the Strategic Reserve?

You all bitched about that last time

What other tools are there to use?

That's the only option Democrats know. Wouldn't think to change policies

 

[AsherN]

I've said it for years. We don't need government control of the product just a law stating it can not be sold overseas. Same shit we need to do to stop the Chinese invasion in all of our industries but reversed. Farmland for instance. Why on earth would we let that be purchased by any entity from outside our borders???

The problem isn't complicated. The only thing that makes it appear complicated are the special interests and money involved.

The pricing is still a global market. And because you take oil out does not mean it is the right kind to be refined into gasoline.
Assume the US passes a law that all oil drilled in the US must stay in the US. What makes you think the multinational oil companies won't still price according to the international market? Or are you now OK with the government interfering with business buy dictating prices and profit? How very communist of you.

 

[Remodeling Maidiac]

Exactly what should Biden do? (without the wild generalizations - please be specific)

Already been covered throughout the thread. Read it or don't. We're done here.