One major cause to today's gas prices being 45% higher under Biden..."I guarantee We Are Going To Get Rid of Fossil Fuels”

healthmyths

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The above was said in September 06, 2019,
Now According to Statista Consumer Insights,

73 percent of American commuters use their own car to move between home and work,
making it by far the most popular mode of transportation.

There are 8 million truckers on the road everyday.
T
hat includes semis and trailers/ 18 wheelers, fuel trucks/ tanker trucks, and transportation box trucks that move food, beverages and smaller loads, plus equipment trucks, flatbeds, and more. But the majority are 18 wheelers semis with trailers.
For those of you with an attention span longer than the average American of 8.5 seconds the above information was to show you the affect of gas prices on just two major aspects of a "fossil fuel commodity" that Biden wants to destroy.
CONCLUSION.. Why the average American directly saw 44% cost in their daily driving and at least 44% indirectly for the goods and services delivered by trucks for ALL Americans.
44% increase primarily due to Biden's "guarantee"!
As a result of Biden's stupid guarantee.. the CEO of Chevron, Mike Wirth's response:
"You’re looking at committing capital 10 years out, that will need decades to offer a return for shareholders, in a policy environment where governments around the world are saying, ‘We don’t want these products.’”
www.bloomberg.com
US May Never Build New Refinery Even With Surging Gas Prices, Chevron CEO Says
Green policy push means billion-dollar investments may be stranded in coming decades
www.bloomberg.com www.bloomberg.com

Conclusion: Harris supports 100% destruction of fossil fuels.
GAS prices will continue to climb even higher!


gaspricesunderTrumpBiden.png
 

Oil exec's have constantly said they are reluctant to produce more oil after being burned by over production in the past.
 

Oil exec's have constantly said they are reluctant to produce more oil after being burned by over production in the past.
Then even more stupid for this comment "I guarantee We Are Going To Get Rid of Fossil Fuels”!
Why give oil execs excuses to RAISE prices! And then to top it off!
Biden orders sweeping actions to pause energy drilling and fight climate change
Anna M. Phillips, Evan Halper January 27, 2021·
Fossil fuels have been the bedrock of US prosperity for more than a century.
The country's economy, security and society depend on them.
But in the few days since his inauguration, the new American president has gone to war against coal, oil and natural gas with a decisiveness that has caught everyone by surprise.
This week I spoke to the man Joe Biden has tasked with drawing up his climate change battle plans - John Kerry.
"It is one of his top priorities, without any question whatsoever," Mr Kerry assured me. "He'll make more progress on the issue than any previous president."
All of the above and MORE done to INCREASE cost of gasoline which DIRECTLY affects Americans and INDIRECTLY
raises costs for goods and services consumers use. Stupid.
Biden should have said instead the following which I suggest:
"We need to work with the fossil fuels industry to reduce Co2 emissions and the US government will be helping as we consider the fossil fuel industry a totally important building block of our economy"!
6,000 items will cost more because if we don't work with the fossil fuels industry to either

develop ways to reduce CO2, which by the way the U.S. energy-related CO2 emissions declined by 3% in 2023.
And we help the fossil fuel industry develop alternative fuel sources, Nuclear,etc.
But this dummy became the ENEMY of Americans that NEED fossil fuels everyday!
For example the tires you drive on are every year made from 300 million barrels of oil or 7 gallons per tire to make the Isoprene used to make the tire.
94% of roads in America use Asphalt which use 1.4 Billion barrels of oil.
Biden was suppose to be a "unifier"
US election: Joe Biden vows to 'unify' country in victory speech
 
The US oil industry doesn’t appear to be in any rush to come to the rescue of Americans struggling with high gas prices. Oil company CEOs say Wall Street is to blame.

Fifty-nine percent of oil executives said investor pressure to maintain capital discipline is the primary reason publicly traded oil producers are restraining growth, according to a Federal Reserve Bank of Dallas survey released Wednesday.

For years, the boom-to-bust oil industry spent lavishly to fund all-out production growth. US oil output skyrocketed, keeping prices low. Yet sustaining profits proved elusive. Hundreds of oil companies went bankrupt during multiple oil price crashes, leading investors to demand more restraint from energy CEOs.

 
The US oil industry doesn’t appear to be in any rush to come to the rescue of Americans struggling with high gas prices. Oil company CEOs say Wall Street is to blame.

Fifty-nine percent of oil executives said investor pressure to maintain capital discipline is the primary reason publicly traded oil producers are restraining growth, according to a Federal Reserve Bank of Dallas survey released Wednesday.

For years, the boom-to-bust oil industry spent lavishly to fund all-out production growth. US oil output skyrocketed, keeping prices low. Yet sustaining profits proved elusive. Hundreds of oil companies went bankrupt during multiple oil price crashes, leading investors to demand more restraint from energy CEOs.

So the dummy president tells them he guarantees to destroy their businesses?
That gives them EVEN more reason NOT to find oil AND to raise prices! You tell a business we are going to put you guarantee to put them out of business but you don't have any alternatives for consumers to replace the 6,000 products made out of fossil fuels, i.e. 2 billion tires, all you've done is given them excuses to reduce their expenditures and raise their prices! That is so simple. 73% of Americans traveling to and from work depend on a product the idiot wants to rid and you don't think these people know the effect when the costs have gone up 44%?
 


The above was said in September 06, 2019,
Now According to Statista Consumer Insights,

73 percent of American commuters use their own car to move between home and work,
making it by far the most popular mode of transportation.

There are 8 million truckers on the road everyday.
T
hat includes semis and trailers/ 18 wheelers, fuel trucks/ tanker trucks, and transportation box trucks that move food, beverages and smaller loads, plus equipment trucks, flatbeds, and more. But the majority are 18 wheelers semis with trailers.
For those of you with an attention span longer than the average American of 8.5 seconds the above information was to show you the affect of gas prices on just two major aspects of a "fossil fuel commodity" that Biden wants to destroy.
CONCLUSION.. Why the average American directly saw 44% cost in their daily driving and at least 44% indirectly for the goods and services delivered by trucks for ALL Americans.
44% increase primarily due to Biden's "guarantee"!
As a result of Biden's stupid guarantee.. the CEO of Chevron, Mike Wirth's response:
"You’re looking at committing capital 10 years out, that will need decades to offer a return for shareholders, in a policy environment where governments around the world are saying, ‘We don’t want these products.’”
www.bloomberg.com
US May Never Build New Refinery Even With Surging Gas Prices, Chevron CEO Says
Green policy push means billion-dollar investments may be stranded in coming decades
www.bloomberg.com www.bloomberg.com

Conclusion: Harris supports 100% destruction of fossil fuels.
GAS prices will continue to climb even higher!

You all are incredibly 🧐 stupid. Especially Trump..200 US oil companies went bankrupt under Trump.





 


The above was said in September 06, 2019,
Now According to Statista Consumer Insights,

73 percent of American commuters use their own car to move between home and work,
making it by far the most popular mode of transportation.

There are 8 million truckers on the road everyday.
T
hat includes semis and trailers/ 18 wheelers, fuel trucks/ tanker trucks, and transportation box trucks that move food, beverages and smaller loads, plus equipment trucks, flatbeds, and more. But the majority are 18 wheelers semis with trailers.
For those of you with an attention span longer than the average American of 8.5 seconds the above information was to show you the affect of gas prices on just two major aspects of a "fossil fuel commodity" that Biden wants to destroy.
CONCLUSION.. Why the average American directly saw 44% cost in their daily driving and at least 44% indirectly for the goods and services delivered by trucks for ALL Americans.
44% increase primarily due to Biden's "guarantee"!
As a result of Biden's stupid guarantee.. the CEO of Chevron, Mike Wirth's response:
"You’re looking at committing capital 10 years out, that will need decades to offer a return for shareholders, in a policy environment where governments around the world are saying, ‘We don’t want these products.’”
www.bloomberg.com
US May Never Build New Refinery Even With Surging Gas Prices, Chevron CEO Says
Green policy push means billion-dollar investments may be stranded in coming decades
www.bloomberg.com www.bloomberg.com

Conclusion: Harris supports 100% destruction of fossil fuels.
GAS prices will continue to climb even higher!


View attachment 992066

The commercial vehicles utilize over 60% of vehicle fuels available. (Diesel, gasoline and aviation fuel)

Domestic retail vehicles we currently use today are an evolution extension of commercial vehicles developed during large government projects just refined towards the consumer market.

So....if we wish to move away from petroleum based vehicle fuel sources then finding a cheaper alternative for commercial vehicles first is necessary. (And I'm not opposed to this)

Currently there exists a variety of hybrid systems which cuts petroleum fuel use by 20-40% or more without any range or power losses. (In fact increases in both)

Where these hybrid systems are more suitable for laboratory than field use the transition is just a matter of some of those same federal dollars that EVs are getting plus be extremely more efficient in "bang for buck".

We currently have the technology to send a drone up into the sky to fly for days at a time with cargo....but we can't send a flight across the country with people without filling up the airplane with fuel? Or a ship across the ocean without thousands of gallons of marine diesel?

The engineering is possible and realistic for realistic goals....no different from the "space race" of the 60's.

Filling up the car with a gallon of fuel for the week's commute is more possible and viable than hauling several hundreds of pounds of batteries for today's commute.
 
If you make overall Production of Gasoline too consumers more Costly and unpredictable (what is coming next).........the US oil companies would pull back. Hard to make a 5 year plan with a complete Idiot (and Criminal) calling the shots. Locking up regular American Citizens on false charges. Whos' next? Whats' next? Eventually they begin to look outside the Country.
 
In corporate America the reason for things can be best explained by following the money.

There are quite a few factors relating to the increase in gasoline prices. One of which is the success of Tesla which over a year before Biden took office had a market capitalization which was greater than Ford and GM combined.
  • Tesla: $88.2 billion
  • Ford: $36.6 billion
  • GM: $49.4 billion
01/09/2020 Tesla's market value zooms past that of GM and Ford

Another was the displeasure of oil company shareholders who even before COVID hit were dissatisfied and had their companies CEO's sweating bullets.

From a month later: 02/05/2020 Exxon’s market value has crumbled by $184 billion

ExxonMobil used to have bragging rights as the world’s most valuable public company. Now, America’s largest oil company is in steady decline.

A stunning $184 billion has been wiped off Exxon’s market valuation since its 2014 peak. That’s equivalent to the entire value of Boeing (BA), or nearly1.5 Teslas.

Exxon’s (XOM) stock plunged to nine-year lows Tuesday after posting dreadful results that suggest a turnaround is unlikely any time soon.



You don't think the petroleum companies CEO's didn't reach some conclusion based on where things stood before COVID and what needed to be done afterwards to save their butts?
 

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