Oil has come down $35 from it's high. Does Joe Biden get credit for that?

[Indeependent]

This isn't true.

Tell that to the people I know who live in different states.

 

[Indeependent]

No, the supply chains did not recover.

I guess everyone I know lives in cities considers to be more important than other places.

 

[LeftofLeft]

The Democrat apologists and defenders of course are going to give Biden credit for the decline in gas prices. Thinking people realize that the catalyst behind the decline is a recession and decreased demand. The reality is that Biden Policies still leave US susceptible to higher gas prices.

 

[Rogue AI]

Wait until the SPR draw off ends. The US was not the only participant in that stupidity. The prices will go back up because nobody bothered to secure a production increase.

 

[berg80]

Gas price drop hits 30 straight days as oil prices continue collapse​

Gas price drop hits 30 straight days as oil prices continue collapse

Record-high gas prices might be in the rearview mirror for drivers, as prices at the pump have now fallen 30 days in a row amid a drop in crude oil.

finance.yahoo.com

No worries for Trump's cult. They'll simply shift from blaming Biden for high gas prices to blaming him for the coming recession. They just can't make a credible argument for either.

 

[berg80]

The Democrat apologists and defenders of course are going to give Biden credit for the decline in gas prices. Thinking people realize that the catalyst behind the decline is a recession and decreased demand. The reality is that Biden Policies still leave US susceptible to higher gas prices.

See post #83.

 

[Harpy Eagle]

Wait until the SPR draw off ends. The US was not the only participant in that stupidity. The prices will go back up because nobody bothered to secure a production increase.

production in the US has been increasing since the summer of 2020 and has not stopped

 

[imawhosure]

production in the US has been increasing since the summer of 2020 and has not stopped

But has it reached peak Trump levels yet? Last I seen, not yet, but that could have changed.

And yet, I can see you are not dumb, so you know as well as I do that we can be awash in oil, but it wouldn't solve our problems. Our refinery space is insufficient, and which party has stood in the way of refinery's for the last 20 years, no matter where they were proposed to be built? Would that be the GOP or green Dems? Add to that, increasing stringency on oil refineries by.......guess who, has caused many refineries to shut down, because it was to costly to refit. You would think that allowing a 1 for 1 swap......one closing, one new one opening, would have been intelligent for national security, but nope, the green lobby has YOU KNOW WHO by their balls.

Having millions of barrels of oil mean squat, cause you just can't pour the stuff into your vehicle, it must be processed. It is akin to complaining you are running out of water, while living next to almost an endless supply of it; AKA......California. All they need is the plants to process the water, but nope, it is against enviro thinking. And oh by the way, what group runs California!

Are we seeing a trend here? A certain group of political people, claiming they have NOTHING to do with these problems, when their current and previous actions, actually have EVERYTHING to do with the current situation we find ourselves in.

A good political activist is excellent at the art of deflection. You are good at it, but not that good-)

 

[easyt65]

Biden vowed to eliminate oil use and has been trying to keep that promise...

He has admitted to painfully force Americans to transition from fossil fuels to a non-existent alternate energy source

He has drained the energency gas and diesel reserves - he has given CHINA some of the US emergency gas reserves

His failed energy policies have affected the supply chain crisis, the food shortages, and high cost of food...

Biden has begged our enemies for resources we are wealthy in...

Gas prices are still near $5 a gallon, almost twice what it was when he took office...

....and snowflakes want to give Biden 'credit'?

For all of that? Sure!

 

[Esdraelon]

What did Biden actually do to make the price of oil come down? I doubt it had anything with his angry grumbling and yelling at the oil producers.

I'm pretty sure he should get credit for it. After all, his policies are responsible for the coming recession. Less demand, lower prices. Lovely, innit?

 

[bigrebnc1775]

Prepare to be shocked.

With Biden anti fossil fuel independence never going to happen.

 

[Toro]

Tell that to the people I know who live in different states.

Sure.

It isn't true.

Supply Chains in the Spotlight

There are more and more signs that supply chain pressures are easing.

www.fisherinvestments.com

 

[Indeependent]

Sure.

It isn't true.

Supply Chains in the Spotlight

There are more and more signs that supply chain pressures are easing.

www.fisherinvestments.com

Maybe we live in places where supplies actually sell.
The shelves in NY and vicinity and Miami and vicinity are full.

 

[easyt65]

Gas prices have been manipulated to come down to con Americans long enough to affect the Mid Term Elections...

...but do not forget Biden has promised to eliminate fossil fuels, outlaw its use, make internal combustion engines illegal....Biden has signed a decree this happen by 2030.

Once the mid term elections are over do you think Biden and Democrats will abandon their promised agenda? Do you think they will reverse course? Do you think you will EVER see $2 a gallon under Democrats?

Don't be f*in stupid....

 

[Nostra]

Trump's oil price war bankrupted 260 oil drilling companies & reduced US drilling activity 88% from 2,080 active drillers down to 251. Biden has increased US oil drilling by 300%!!!
View attachment 670156

How many rigs did your Vegetable Messiah put up? Give us a number, Simp.

 

[Flash]

That is like saying a mass shooter getting credit for the ones he wounded rather than killed.

 

[Flash]

Price will drop a little bit because Potatohead is robbing the Strategic Petroleum Reserve in order get prices a little lower for the mid term election. Oil that will never be replaced.

Then you have the fact that for this time of year the demand is not as high as it should be because people can't afford to buy gas.

Meanwhile Potatohad is in the Middle East this week begging the Saudis to give us more oil until the mid term elections are over.