Politifact: Claim that Biden's Keystone pipeline order drove gas prices up is rated "FALSE""

[Rigby5]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

Facebook posts
stated on March 7, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.

• FOOD
• GAS PRICES
• GOVERNMENT REGULATION
• FACEBOOK FACT-CHECKS
• FACEBOOK POSTS

President Joe Biden signs his first executive order in the Oval Office of the White House on Jan. 20, 2021, in Washington. (AP)


By Tom KertscherMarch 10, 2021
No, the price of gas isn’t up 50 cents, price of food isn’t up 10% under Biden
IF YOUR TIME IS SHORT

• The average price of gas is about 34 cents per gallon higher since Biden took office.
• Experts say Biden’s orders on the Keystone pipeline and oil and gas leasing might affect future gas prices, but have no effect on current prices.
• Grocery store prices are 3.5% higher than they were one year ago and have risen less than 1% in 2021.

See the sources for this fact-check

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spiked the price of gasoline by 50 cents and the price of food by 10%?
That’s the claim of a post widely shared by musician Ted Nugent and others on Facebook.
It says: "When executive orders cause gas to go up 50 cents a gallon and food costs to increase 10%, you just taxed the middle class."


The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
Biden began issuing executive orders on Jan. 20, the day of his inauguration. The claim we’re checking was posted March 7. Let’s see what’s happened in between.
Gas up 34 cents; orders not a factor
Since bottoming out at $1.87 a gallon in late April 2020, gas prices have mostly been going up. The bulk of the increase came under President Donald Trump, with prices continuing to rise under Biden.
Nationally, the average price of a gallon of gas was $2.46 on Jan. 18, the final weekly tally before Biden took office. It rose to $2.80 on March 1, the latest weekly tally before the Facebook post, according to the U.S. Energy Administration. That’s an increase of 34 cents under Biden.
The prices were similar at GasBuddy.com: $2.41 on Jan. 19 and $2.77 on March 7 — an increase of 36 cents.
FEATURED FACT-CHECK

Viral image
stated on February 10, 2021 in a Facebook post
Says Gorilla Glue tweeted, “Do not use our products on your f------ hair.”

By Ciara O'Rourke • February 10, 2021
Some critics have said that Biden’s cancellation of the Keystone XL pipeline with one executive order would quickly result in higher gasoline prices. But we previously found that, for several reasons, that’s not the case. For starters, the pipeline wasn’t operating yet, so canceling it didn’t change the balance of supply and demand.
In the same executive order, Biden placed a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge in Alaska. But Patrick De Haan, head of petroleum analysis for GasBuddy.com, said that action has not affected current gas prices either, because current oil supplies are not affected. The order could, however, have an impact on gas prices in a few years, he said.
In general, a president has limited control over the weekly and monthly shifts in gasoline prices. Gas prices depend mostly on global supply and demand.
The OPEC oil cartel and Russia have made voluntary production cuts, which has the effect of raising prices. A greater impact has been made on prices by demand, as a result of the slow but steady economic recovery from the coronavirus pandemic.

No, gas isn’t up 50 cents and food isn’t up 10% under Biden

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spi

www.politifact.com

PolitiFact is clearly totally wrong on this.
First of all, Keystone pipeline was operational, just not finished to its final destination.
We know that because there have already been leaks reported.
Second is that oil prices are not just based on current use, but also on future speculation.
Like all commodities, you can buy futures shares, and those skyrocketed when Biden cut pipelines and federal land leases for fossil fuels.

 

[Eric Arthur Blair]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

You can take all your "independent Pultzer winning website" garbage and jam it up your ass.
Politifact is a well known left wing stealth site pretending to be a straight shooting "facts only"
clearing house for political issues giving everyone the non partisan "truth" when it is anything but.

I buy groceries every day. I go to the gas station several times a month.
I can tell you all prices are going up inexorably. It's Jimmy Carter time, redux

Arguing over whether Joe Biden's imbecilic shutting down the Keystone XL pipeline immediately drove
up prices is like arguing over how many angels can dance on the head of a pin.
It's irrelevant and pointless, in the end. It's a job killer that drives the cost of oil up and ultimately
it is more environmentally risky and potentially harmful than the XL pipleline.

Joe did what he was told to do and you can't really blame him anyway since he doesn't seem
to know why he's instructed to do all these things. He wasn't placed in office for his "brilliant"
decision making. He's a fucking joke...like Politifact.

 

[BlindBoo]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

Facebook posts
stated on March 7, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.

• FOOD
• GAS PRICES
• GOVERNMENT REGULATION
• FACEBOOK FACT-CHECKS
• FACEBOOK POSTS

President Joe Biden signs his first executive order in the Oval Office of the White House on Jan. 20, 2021, in Washington. (AP)


By Tom KertscherMarch 10, 2021
No, the price of gas isn’t up 50 cents, price of food isn’t up 10% under Biden
IF YOUR TIME IS SHORT

• The average price of gas is about 34 cents per gallon higher since Biden took office.
• Experts say Biden’s orders on the Keystone pipeline and oil and gas leasing might affect future gas prices, but have no effect on current prices.
• Grocery store prices are 3.5% higher than they were one year ago and have risen less than 1% in 2021.

See the sources for this fact-check

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spiked the price of gasoline by 50 cents and the price of food by 10%?
That’s the claim of a post widely shared by musician Ted Nugent and others on Facebook.
It says: "When executive orders cause gas to go up 50 cents a gallon and food costs to increase 10%, you just taxed the middle class."


The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
Biden began issuing executive orders on Jan. 20, the day of his inauguration. The claim we’re checking was posted March 7. Let’s see what’s happened in between.
Gas up 34 cents; orders not a factor
Since bottoming out at $1.87 a gallon in late April 2020, gas prices have mostly been going up. The bulk of the increase came under President Donald Trump, with prices continuing to rise under Biden.
Nationally, the average price of a gallon of gas was $2.46 on Jan. 18, the final weekly tally before Biden took office. It rose to $2.80 on March 1, the latest weekly tally before the Facebook post, according to the U.S. Energy Administration. That’s an increase of 34 cents under Biden.
The prices were similar at GasBuddy.com: $2.41 on Jan. 19 and $2.77 on March 7 — an increase of 36 cents.
FEATURED FACT-CHECK

Viral image
stated on February 10, 2021 in a Facebook post
Says Gorilla Glue tweeted, “Do not use our products on your f------ hair.”

By Ciara O'Rourke • February 10, 2021
Some critics have said that Biden’s cancellation of the Keystone XL pipeline with one executive order would quickly result in higher gasoline prices. But we previously found that, for several reasons, that’s not the case. For starters, the pipeline wasn’t operating yet, so canceling it didn’t change the balance of supply and demand.
In the same executive order, Biden placed a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge in Alaska. But Patrick De Haan, head of petroleum analysis for GasBuddy.com, said that action has not affected current gas prices either, because current oil supplies are not affected. The order could, however, have an impact on gas prices in a few years, he said.
In general, a president has limited control over the weekly and monthly shifts in gasoline prices. Gas prices depend mostly on global supply and demand.
The OPEC oil cartel and Russia have made voluntary production cuts, which has the effect of raising prices. A greater impact has been made on prices by demand, as a result of the slow but steady economic recovery from the coronavirus pandemic.

No, gas isn’t up 50 cents and food isn’t up 10% under Biden

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spi

www.politifact.com

PolitiFact is clearly totally wrong on this.
First of all, Keystone pipeline was operational, just not finished to its final destination.
We know that because there have already been leaks reported.
Second is that oil prices are not just based on current use, but also on future speculation.
Like all commodities, you can buy futures shares, and those skyrocketed when Biden cut pipelines and federal land leases for fossil fuels.

The Keystone XL was never operational and the other 4 Keystone segments were never shut down. Furthermore the leasing pause is over.

 

[Eric Arthur Blair]

The Keystone XL was never operational and the other 4 Keystone segments were never shut down. Furthermore the leasing pause is over.

Which all means what, exactly?

 

[BlindBoo]

The Keystone XL was never operational and the other 4 Keystone segments were never shut down. Furthermore the leasing pause is over.

Which all means what, exactly?

PolitiFact is mostly correct on this.

 

[Leo123]

PolitiFact is mostly correct on this.

Gas prices are soaring and the cost of goods is soaring. You must be blind or something.

 

[Rigby5]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

Facebook posts
stated on March 7, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.

• FOOD
• GAS PRICES
• GOVERNMENT REGULATION
• FACEBOOK FACT-CHECKS
• FACEBOOK POSTS

President Joe Biden signs his first executive order in the Oval Office of the White House on Jan. 20, 2021, in Washington. (AP)


By Tom KertscherMarch 10, 2021
No, the price of gas isn’t up 50 cents, price of food isn’t up 10% under Biden
IF YOUR TIME IS SHORT

• The average price of gas is about 34 cents per gallon higher since Biden took office.
• Experts say Biden’s orders on the Keystone pipeline and oil and gas leasing might affect future gas prices, but have no effect on current prices.
• Grocery store prices are 3.5% higher than they were one year ago and have risen less than 1% in 2021.

See the sources for this fact-check

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spiked the price of gasoline by 50 cents and the price of food by 10%?
That’s the claim of a post widely shared by musician Ted Nugent and others on Facebook.
It says: "When executive orders cause gas to go up 50 cents a gallon and food costs to increase 10%, you just taxed the middle class."


The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
Biden began issuing executive orders on Jan. 20, the day of his inauguration. The claim we’re checking was posted March 7. Let’s see what’s happened in between.
Gas up 34 cents; orders not a factor
Since bottoming out at $1.87 a gallon in late April 2020, gas prices have mostly been going up. The bulk of the increase came under President Donald Trump, with prices continuing to rise under Biden.
Nationally, the average price of a gallon of gas was $2.46 on Jan. 18, the final weekly tally before Biden took office. It rose to $2.80 on March 1, the latest weekly tally before the Facebook post, according to the U.S. Energy Administration. That’s an increase of 34 cents under Biden.
The prices were similar at GasBuddy.com: $2.41 on Jan. 19 and $2.77 on March 7 — an increase of 36 cents.
FEATURED FACT-CHECK

Viral image
stated on February 10, 2021 in a Facebook post
Says Gorilla Glue tweeted, “Do not use our products on your f------ hair.”

By Ciara O'Rourke • February 10, 2021
Some critics have said that Biden’s cancellation of the Keystone XL pipeline with one executive order would quickly result in higher gasoline prices. But we previously found that, for several reasons, that’s not the case. For starters, the pipeline wasn’t operating yet, so canceling it didn’t change the balance of supply and demand.
In the same executive order, Biden placed a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge in Alaska. But Patrick De Haan, head of petroleum analysis for GasBuddy.com, said that action has not affected current gas prices either, because current oil supplies are not affected. The order could, however, have an impact on gas prices in a few years, he said.
In general, a president has limited control over the weekly and monthly shifts in gasoline prices. Gas prices depend mostly on global supply and demand.
The OPEC oil cartel and Russia have made voluntary production cuts, which has the effect of raising prices. A greater impact has been made on prices by demand, as a result of the slow but steady economic recovery from the coronavirus pandemic.

No, gas isn’t up 50 cents and food isn’t up 10% under Biden

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spi

www.politifact.com

PolitiFact is clearly totally wrong on this.
First of all, Keystone pipeline was operational, just not finished to its final destination.
We know that because there have already been leaks reported.
Second is that oil prices are not just based on current use, but also on future speculation.
Like all commodities, you can buy futures shares, and those skyrocketed when Biden cut pipelines and federal land leases for fossil fuels.

The Keystone XL was never operational and the other 4 Keystone segments were never shut down. Furthermore the leasing pause is over.

Apparently you are correct.
I am getting a little lazy.
But the point still is that we need all the oil there is eventually, and pipelines still beat everything else.

 

[Rigby5]

The Keystone XL was never operational and the other 4 Keystone segments were never shut down. Furthermore the leasing pause is over.

Which all means what, exactly?

PolitiFact is mostly correct on this.

I still do not agree that Biden did not cause the prices to skyrocket because people buy oil futures for speculation, and this caused the price of these future options to skyrocket.
It does not matter if the pipeline had not been finished yet.

 

[Turtlesoup]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

Facebook posts
stated on March 7, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.

• FOOD
• GAS PRICES
• GOVERNMENT REGULATION
• FACEBOOK FACT-CHECKS
• FACEBOOK POSTS

President Joe Biden signs his first executive order in the Oval Office of the White House on Jan. 20, 2021, in Washington. (AP)


By Tom KertscherMarch 10, 2021
No, the price of gas isn’t up 50 cents, price of food isn’t up 10% under Biden
IF YOUR TIME IS SHORT

• The average price of gas is about 34 cents per gallon higher since Biden took office.
• Experts say Biden’s orders on the Keystone pipeline and oil and gas leasing might affect future gas prices, but have no effect on current prices.
• Grocery store prices are 3.5% higher than they were one year ago and have risen less than 1% in 2021.

See the sources for this fact-check

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spiked the price of gasoline by 50 cents and the price of food by 10%?
That’s the claim of a post widely shared by musician Ted Nugent and others on Facebook.
It says: "When executive orders cause gas to go up 50 cents a gallon and food costs to increase 10%, you just taxed the middle class."


The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
Biden began issuing executive orders on Jan. 20, the day of his inauguration. The claim we’re checking was posted March 7. Let’s see what’s happened in between.
Gas up 34 cents; orders not a factor
Since bottoming out at $1.87 a gallon in late April 2020, gas prices have mostly been going up. The bulk of the increase came under President Donald Trump, with prices continuing to rise under Biden.
Nationally, the average price of a gallon of gas was $2.46 on Jan. 18, the final weekly tally before Biden took office. It rose to $2.80 on March 1, the latest weekly tally before the Facebook post, according to the U.S. Energy Administration. That’s an increase of 34 cents under Biden.
The prices were similar at GasBuddy.com: $2.41 on Jan. 19 and $2.77 on March 7 — an increase of 36 cents.
FEATURED FACT-CHECK

Viral image
stated on February 10, 2021 in a Facebook post
Says Gorilla Glue tweeted, “Do not use our products on your f------ hair.”

By Ciara O'Rourke • February 10, 2021
Some critics have said that Biden’s cancellation of the Keystone XL pipeline with one executive order would quickly result in higher gasoline prices. But we previously found that, for several reasons, that’s not the case. For starters, the pipeline wasn’t operating yet, so canceling it didn’t change the balance of supply and demand.
In the same executive order, Biden placed a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge in Alaska. But Patrick De Haan, head of petroleum analysis for GasBuddy.com, said that action has not affected current gas prices either, because current oil supplies are not affected. The order could, however, have an impact on gas prices in a few years, he said.
In general, a president has limited control over the weekly and monthly shifts in gasoline prices. Gas prices depend mostly on global supply and demand.
The OPEC oil cartel and Russia have made voluntary production cuts, which has the effect of raising prices. A greater impact has been made on prices by demand, as a result of the slow but steady economic recovery from the coronavirus pandemic.

No, gas isn’t up 50 cents and food isn’t up 10% under Biden

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spi

www.politifact.com

Markets are forward looking---when you cut off supply or make supply more expensive priors shoot up automatically especially as the dollar loses value thanks to bidens spending and alternative routes like Buffets choo-choos that he is getting rich off of bidens attack on oil come into play. Paying truck drivers to not work via the stimulus is also pushing up the costs.

 

[Oddball]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

Facebook posts
stated on March 7, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.

• FOOD
• GAS PRICES
• GOVERNMENT REGULATION
• FACEBOOK FACT-CHECKS
• FACEBOOK POSTS

President Joe Biden signs his first executive order in the Oval Office of the White House on Jan. 20, 2021, in Washington. (AP)


By Tom KertscherMarch 10, 2021
No, the price of gas isn’t up 50 cents, price of food isn’t up 10% under Biden
IF YOUR TIME IS SHORT

• The average price of gas is about 34 cents per gallon higher since Biden took office.
• Experts say Biden’s orders on the Keystone pipeline and oil and gas leasing might affect future gas prices, but have no effect on current prices.
• Grocery store prices are 3.5% higher than they were one year ago and have risen less than 1% in 2021.

See the sources for this fact-check

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spiked the price of gasoline by 50 cents and the price of food by 10%?
That’s the claim of a post widely shared by musician Ted Nugent and others on Facebook.
It says: "When executive orders cause gas to go up 50 cents a gallon and food costs to increase 10%, you just taxed the middle class."


The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
Biden began issuing executive orders on Jan. 20, the day of his inauguration. The claim we’re checking was posted March 7. Let’s see what’s happened in between.
Gas up 34 cents; orders not a factor
Since bottoming out at $1.87 a gallon in late April 2020, gas prices have mostly been going up. The bulk of the increase came under President Donald Trump, with prices continuing to rise under Biden.
Nationally, the average price of a gallon of gas was $2.46 on Jan. 18, the final weekly tally before Biden took office. It rose to $2.80 on March 1, the latest weekly tally before the Facebook post, according to the U.S. Energy Administration. That’s an increase of 34 cents under Biden.
The prices were similar at GasBuddy.com: $2.41 on Jan. 19 and $2.77 on March 7 — an increase of 36 cents.
FEATURED FACT-CHECK

Viral image
stated on February 10, 2021 in a Facebook post
Says Gorilla Glue tweeted, “Do not use our products on your f------ hair.”

By Ciara O'Rourke • February 10, 2021
Some critics have said that Biden’s cancellation of the Keystone XL pipeline with one executive order would quickly result in higher gasoline prices. But we previously found that, for several reasons, that’s not the case. For starters, the pipeline wasn’t operating yet, so canceling it didn’t change the balance of supply and demand.
In the same executive order, Biden placed a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge in Alaska. But Patrick De Haan, head of petroleum analysis for GasBuddy.com, said that action has not affected current gas prices either, because current oil supplies are not affected. The order could, however, have an impact on gas prices in a few years, he said.
In general, a president has limited control over the weekly and monthly shifts in gasoline prices. Gas prices depend mostly on global supply and demand.
The OPEC oil cartel and Russia have made voluntary production cuts, which has the effect of raising prices. A greater impact has been made on prices by demand, as a result of the slow but steady economic recovery from the coronavirus pandemic.

No, gas isn’t up 50 cents and food isn’t up 10% under Biden

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spi

www.politifact.com

Politifact is leftist agitprop shit.

 

[mudwhistle]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

Facebook posts
stated on March 7, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.

• FOOD
• GAS PRICES
• GOVERNMENT REGULATION
• FACEBOOK FACT-CHECKS
• FACEBOOK POSTS

President Joe Biden signs his first executive order in the Oval Office of the White House on Jan. 20, 2021, in Washington. (AP)


By Tom KertscherMarch 10, 2021
No, the price of gas isn’t up 50 cents, price of food isn’t up 10% under Biden
IF YOUR TIME IS SHORT

• The average price of gas is about 34 cents per gallon higher since Biden took office.
• Experts say Biden’s orders on the Keystone pipeline and oil and gas leasing might affect future gas prices, but have no effect on current prices.
• Grocery store prices are 3.5% higher than they were one year ago and have risen less than 1% in 2021.

See the sources for this fact-check

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spiked the price of gasoline by 50 cents and the price of food by 10%?
That’s the claim of a post widely shared by musician Ted Nugent and others on Facebook.
It says: "When executive orders cause gas to go up 50 cents a gallon and food costs to increase 10%, you just taxed the middle class."


The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
Biden began issuing executive orders on Jan. 20, the day of his inauguration. The claim we’re checking was posted March 7. Let’s see what’s happened in between.
Gas up 34 cents; orders not a factor
Since bottoming out at $1.87 a gallon in late April 2020, gas prices have mostly been going up. The bulk of the increase came under President Donald Trump, with prices continuing to rise under Biden.
Nationally, the average price of a gallon of gas was $2.46 on Jan. 18, the final weekly tally before Biden took office. It rose to $2.80 on March 1, the latest weekly tally before the Facebook post, according to the U.S. Energy Administration. That’s an increase of 34 cents under Biden.
The prices were similar at GasBuddy.com: $2.41 on Jan. 19 and $2.77 on March 7 — an increase of 36 cents.
FEATURED FACT-CHECK

Viral image
stated on February 10, 2021 in a Facebook post
Says Gorilla Glue tweeted, “Do not use our products on your f------ hair.”

By Ciara O'Rourke • February 10, 2021
Some critics have said that Biden’s cancellation of the Keystone XL pipeline with one executive order would quickly result in higher gasoline prices. But we previously found that, for several reasons, that’s not the case. For starters, the pipeline wasn’t operating yet, so canceling it didn’t change the balance of supply and demand.
In the same executive order, Biden placed a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge in Alaska. But Patrick De Haan, head of petroleum analysis for GasBuddy.com, said that action has not affected current gas prices either, because current oil supplies are not affected. The order could, however, have an impact on gas prices in a few years, he said.
In general, a president has limited control over the weekly and monthly shifts in gasoline prices. Gas prices depend mostly on global supply and demand.
The OPEC oil cartel and Russia have made voluntary production cuts, which has the effect of raising prices. A greater impact has been made on prices by demand, as a result of the slow but steady economic recovery from the coronavirus pandemic.

No, gas isn’t up 50 cents and food isn’t up 10% under Biden

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spi

www.politifact.com

Independent?????

 

[Leo123]

Apparently you are correct.
I am getting a little lazy.
But the point still is that we need all the oil there is eventually, and pipelines still beat everything else.

Let's not forget that even building the pipeline and continuing fracking caused prices to drop. Biden fucked us all.

 

[BlindBoo]

The Keystone XL was never operational and the other 4 Keystone segments were never shut down. Furthermore the leasing pause is over.

Which all means what, exactly?

PolitiFact is mostly correct on this.

I still do not agree that Biden did not cause the prices to skyrocket because people buy oil futures for speculation, and this caused the price of these future options to skyrocket.
It does not matter if the pipeline had not been finished yet.

We'll have to agree to disagree then. It may have caused a bump in speculation in oil futures, it didn't effect the price at the pump as much as the big freeze in Texas did. But we agree on the pipeline. I was disappointed Obama vetoed it.

 

[Lastamender]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

Facebook posts
stated on March 7, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.

• FOOD
• GAS PRICES
• GOVERNMENT REGULATION
• FACEBOOK FACT-CHECKS
• FACEBOOK POSTS

President Joe Biden signs his first executive order in the Oval Office of the White House on Jan. 20, 2021, in Washington. (AP)


By Tom KertscherMarch 10, 2021
No, the price of gas isn’t up 50 cents, price of food isn’t up 10% under Biden
IF YOUR TIME IS SHORT

• The average price of gas is about 34 cents per gallon higher since Biden took office.
• Experts say Biden’s orders on the Keystone pipeline and oil and gas leasing might affect future gas prices, but have no effect on current prices.
• Grocery store prices are 3.5% higher than they were one year ago and have risen less than 1% in 2021.

See the sources for this fact-check

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spiked the price of gasoline by 50 cents and the price of food by 10%?
That’s the claim of a post widely shared by musician Ted Nugent and others on Facebook.
It says: "When executive orders cause gas to go up 50 cents a gallon and food costs to increase 10%, you just taxed the middle class."


The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
Biden began issuing executive orders on Jan. 20, the day of his inauguration. The claim we’re checking was posted March 7. Let’s see what’s happened in between.
Gas up 34 cents; orders not a factor
Since bottoming out at $1.87 a gallon in late April 2020, gas prices have mostly been going up. The bulk of the increase came under President Donald Trump, with prices continuing to rise under Biden.
Nationally, the average price of a gallon of gas was $2.46 on Jan. 18, the final weekly tally before Biden took office. It rose to $2.80 on March 1, the latest weekly tally before the Facebook post, according to the U.S. Energy Administration. That’s an increase of 34 cents under Biden.
The prices were similar at GasBuddy.com: $2.41 on Jan. 19 and $2.77 on March 7 — an increase of 36 cents.
FEATURED FACT-CHECK

Viral image
stated on February 10, 2021 in a Facebook post
Says Gorilla Glue tweeted, “Do not use our products on your f------ hair.”

By Ciara O'Rourke • February 10, 2021
Some critics have said that Biden’s cancellation of the Keystone XL pipeline with one executive order would quickly result in higher gasoline prices. But we previously found that, for several reasons, that’s not the case. For starters, the pipeline wasn’t operating yet, so canceling it didn’t change the balance of supply and demand.
In the same executive order, Biden placed a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge in Alaska. But Patrick De Haan, head of petroleum analysis for GasBuddy.com, said that action has not affected current gas prices either, because current oil supplies are not affected. The order could, however, have an impact on gas prices in a few years, he said.
In general, a president has limited control over the weekly and monthly shifts in gasoline prices. Gas prices depend mostly on global supply and demand.
The OPEC oil cartel and Russia have made voluntary production cuts, which has the effect of raising prices. A greater impact has been made on prices by demand, as a result of the slow but steady economic recovery from the coronavirus pandemic.

No, gas isn’t up 50 cents and food isn’t up 10% under Biden

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spi

www.politifact.com

Biased payed for hacks. Next.

 

[CrusaderFrank]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

Facebook posts
stated on March 7, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.

• FOOD
• GAS PRICES
• GOVERNMENT REGULATION
• FACEBOOK FACT-CHECKS
• FACEBOOK POSTS

President Joe Biden signs his first executive order in the Oval Office of the White House on Jan. 20, 2021, in Washington. (AP)


By Tom KertscherMarch 10, 2021
No, the price of gas isn’t up 50 cents, price of food isn’t up 10% under Biden
IF YOUR TIME IS SHORT

• The average price of gas is about 34 cents per gallon higher since Biden took office.
• Experts say Biden’s orders on the Keystone pipeline and oil and gas leasing might affect future gas prices, but have no effect on current prices.
• Grocery store prices are 3.5% higher than they were one year ago and have risen less than 1% in 2021.

See the sources for this fact-check

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spiked the price of gasoline by 50 cents and the price of food by 10%?
That’s the claim of a post widely shared by musician Ted Nugent and others on Facebook.
It says: "When executive orders cause gas to go up 50 cents a gallon and food costs to increase 10%, you just taxed the middle class."


The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
Biden began issuing executive orders on Jan. 20, the day of his inauguration. The claim we’re checking was posted March 7. Let’s see what’s happened in between.
Gas up 34 cents; orders not a factor
Since bottoming out at $1.87 a gallon in late April 2020, gas prices have mostly been going up. The bulk of the increase came under President Donald Trump, with prices continuing to rise under Biden.
Nationally, the average price of a gallon of gas was $2.46 on Jan. 18, the final weekly tally before Biden took office. It rose to $2.80 on March 1, the latest weekly tally before the Facebook post, according to the U.S. Energy Administration. That’s an increase of 34 cents under Biden.
The prices were similar at GasBuddy.com: $2.41 on Jan. 19 and $2.77 on March 7 — an increase of 36 cents.
FEATURED FACT-CHECK

Viral image
stated on February 10, 2021 in a Facebook post
Says Gorilla Glue tweeted, “Do not use our products on your f------ hair.”

By Ciara O'Rourke • February 10, 2021
Some critics have said that Biden’s cancellation of the Keystone XL pipeline with one executive order would quickly result in higher gasoline prices. But we previously found that, for several reasons, that’s not the case. For starters, the pipeline wasn’t operating yet, so canceling it didn’t change the balance of supply and demand.
In the same executive order, Biden placed a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge in Alaska. But Patrick De Haan, head of petroleum analysis for GasBuddy.com, said that action has not affected current gas prices either, because current oil supplies are not affected. The order could, however, have an impact on gas prices in a few years, he said.
In general, a president has limited control over the weekly and monthly shifts in gasoline prices. Gas prices depend mostly on global supply and demand.
The OPEC oil cartel and Russia have made voluntary production cuts, which has the effect of raising prices. A greater impact has been made on prices by demand, as a result of the slow but steady economic recovery from the coronavirus pandemic.

No, gas isn’t up 50 cents and food isn’t up 10% under Biden

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spi

www.politifact.com

PolololololoLOLOLOLOlLoloLOloLoOLOLOlOlOlOLollololiti"fact"

Funnier than Beetlejuice watching the Exorcist!!

 

[WinterBorn]

At peak operation (after the pipeline was completed) it would have transported between 2.5% and 3% of what the US uses. And that is if none was sold to foreign countries.

The price increases were the oil companies exploiting the situation. Like when they raise prices if they have to shut down their drilling and refining for a hurricane. They never lower the prices after the hurricane is gone and things are repaired.

 

[CrusaderFrank]

The independent Pulitzer winning website notes that the pipeline wasn't even operational, despite the fake news spread by Facebook right winger Ted Nugent.
Facebook flagged the fake news too.
The good news is that if you like fake news, the false claim is widely available in USMB, where right wing nicknames gladly copy and paste what Ted Nugent types.

Facebook posts
stated on March 7, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.

• FOOD
• GAS PRICES
• GOVERNMENT REGULATION
• FACEBOOK FACT-CHECKS
• FACEBOOK POSTS

President Joe Biden signs his first executive order in the Oval Office of the White House on Jan. 20, 2021, in Washington. (AP)


By Tom KertscherMarch 10, 2021
No, the price of gas isn’t up 50 cents, price of food isn’t up 10% under Biden
IF YOUR TIME IS SHORT

• The average price of gas is about 34 cents per gallon higher since Biden took office.
• Experts say Biden’s orders on the Keystone pipeline and oil and gas leasing might affect future gas prices, but have no effect on current prices.
• Grocery store prices are 3.5% higher than they were one year ago and have risen less than 1% in 2021.

See the sources for this fact-check

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spiked the price of gasoline by 50 cents and the price of food by 10%?
That’s the claim of a post widely shared by musician Ted Nugent and others on Facebook.
It says: "When executive orders cause gas to go up 50 cents a gallon and food costs to increase 10%, you just taxed the middle class."


The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
Biden began issuing executive orders on Jan. 20, the day of his inauguration. The claim we’re checking was posted March 7. Let’s see what’s happened in between.
Gas up 34 cents; orders not a factor
Since bottoming out at $1.87 a gallon in late April 2020, gas prices have mostly been going up. The bulk of the increase came under President Donald Trump, with prices continuing to rise under Biden.
Nationally, the average price of a gallon of gas was $2.46 on Jan. 18, the final weekly tally before Biden took office. It rose to $2.80 on March 1, the latest weekly tally before the Facebook post, according to the U.S. Energy Administration. That’s an increase of 34 cents under Biden.
The prices were similar at GasBuddy.com: $2.41 on Jan. 19 and $2.77 on March 7 — an increase of 36 cents.
FEATURED FACT-CHECK

Viral image
stated on February 10, 2021 in a Facebook post
Says Gorilla Glue tweeted, “Do not use our products on your f------ hair.”

By Ciara O'Rourke • February 10, 2021
Some critics have said that Biden’s cancellation of the Keystone XL pipeline with one executive order would quickly result in higher gasoline prices. But we previously found that, for several reasons, that’s not the case. For starters, the pipeline wasn’t operating yet, so canceling it didn’t change the balance of supply and demand.
In the same executive order, Biden placed a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge in Alaska. But Patrick De Haan, head of petroleum analysis for GasBuddy.com, said that action has not affected current gas prices either, because current oil supplies are not affected. The order could, however, have an impact on gas prices in a few years, he said.
In general, a president has limited control over the weekly and monthly shifts in gasoline prices. Gas prices depend mostly on global supply and demand.
The OPEC oil cartel and Russia have made voluntary production cuts, which has the effect of raising prices. A greater impact has been made on prices by demand, as a result of the slow but steady economic recovery from the coronavirus pandemic.

No, gas isn’t up 50 cents and food isn’t up 10% under Biden

Are President Joe Biden’s executive orders so powerful that, in the less than two months he’s held office, they have spi

www.politifact.com

"The Party is always right" -- The Party

 

[Leo123]

At peak operation (after the pipeline was completed) it would have transported between 2.5% and 3% of what the US uses. And that is if none was sold to foreign countries.

The price increases were the oil companies exploiting the situation. Like when they raise prices if they have to shut down their drilling and refining for a hurricane. They never lower the prices after the hurricane is gone and things are repaired.

Yes, like most Markets, they exploit a limited supply or even the perception of a limited supply. Trump, as a businessman, knew this and that's why prices were lower during his administration. Biden has never been a real businessman and all his decisions are based on what's good politically for him and his party, not We The People.

 

[Eric Arthur Blair]

PolitiFact is mostly correct on this.

For a site that subtly shades the truth in issues for political gain and credence "mostly correct"
isn't very impressive to me.

 

[Leo123]

For a site that subtly shades the truth in issues for political gain and credence "mostly correct"
isn't very impressive to me.

But.....But....Dey got dat big METER!!