What is the Republican explanation as to why gas prices are so high even though their profit margins are so high?

[Billy000]

BTW, you’re right it doesn’t matter what you say

Yep. The facts speak for themselves. Now you’re catching on!

 

[Nostra]

Lol dude it doesn’t matter what I say at the end of the day. The facts are what they are. You’re all just too childish to admit them. Here are they again to rub it in your face:

“Several of the world's largest oil companies reported first-quarter earnings in recent weeks, giving investors new detail as to how sky-high gas prices are bolstering firms' bottom lines. Performance, in a word, was stellar. ExxonMobil reported a net profit of $5.5 billion, more than doubling its earnings from the year-ago period. Shell notched its strongest quarterly profit ever, and Chevron posted its best earnings quarter in nearly a decade.”

“The authors of the Center for American Progress post wrote that, in the first quarter of 2022, these companies "brought in more than 300 percent more in profits than in the first quarter of 2021. That is a total of more than $35 billion in profits in just three months."

Lol dude it doesn’t matter what I say at the end of the day.

You finally got something right, Dipshit.

Dismissed.

 

[healthmyths]

Well see you’re missing a basic point here. Regardless of the politics about energy, their profits are still sky high. You aren’t adding anything to the conversation if you are not taking that into account.

Of course their profits are high! Demand is high and supply is LOW! Classic illustration of which I provided!
A) Biden will do away with fossil fuels... meaning gas... what does that mean...fewer explorations by companies.
B) Biden raised the royalties, increased time between applications and leases, developed further delays for
leases on land that produced 24% of all our gas/oil! What do you think then happens to the other 76%? Prices
go up. Adding to gas prices.
C) Oil executives are to be thrown in jail according to Biden. So why would you work for an oil company unless you
get more compensation? Again raising the prices.

It is just plain common sense Billy... You tell people you want to throw them in jail, destroy their businesses and
raise their costs of doing business... what would you do?

 

[jc456]

Yep. The facts speak for themselves. Now you’re catching on!

Yeppers, you’re one ignorant fker

 

[Billy000]

Of course their profits are high! Demand is high and supply is LOW! Classic illustration of which I provided!
A) Biden will do away with fossil fuels... meaning gas... what does that mean...fewer explorations by companies.
B) Biden raised the royalties, increased time between applications and leases, developed further delays for
leases on land that produced 24% of all our gas/oil! What do you think then happens to the other 76%? Prices
go up. Adding to gas prices.
C) Oil executives are to be thrown in jail according to Biden. So why would you work for an oil company unless you
get more compensation? Again raising the prices.

It is just plain common sense Billy... You tell people you want to throw them in jail, destroy their businesses and
raise their costs of doing business... what would you do?

Lol okay so we agree the profits of these companies are very high and yet you still want to blame Biden. Umm okay. How about you provide sources for your claims. What, exactly, did Biden say about throwing execs in jail? Give me a full quote In context. Why would such a quote alone hurt their profits? Are you suggesting they are getting fewer workers applying? Prove that. Be specific. What SPECIFICALLY did Biden do as far as making the logistics for these companies harder? If he actually did do something, why would it matter if their profits are currently so high?

 

[jc456]

Lol okay so we agree the profits of these companies are very high and yet you still want to blame Biden. Umm okay. How about you provide sources for your claims. What, exactly, did Biden say about throwing execs in jail? Give me a full quote In context. Why would such a quote alone hurt their profits? Are you suggesting they are getting fewer workers applying? Prove that. Be specific. What SPECIFICALLY did Biden do as far as making the logistics for these companies harder? If he actually did do something, why would it matter if their profits are currently so high?

Still playing ignorant I see

 

[healthmyths]

Lol okay so we agree the profits of these companies are very high and yet you still want to blame Biden. Umm okay. How about you provide sources for your claims. What, exactly, did Biden say about throwing execs in jail? Give me a full quote In context. Why would such a quote alone hurt their profits? Are you suggesting they are getting fewer workers applying? Prove that. Be specific. What SPECIFICALLY did Biden do as far as making the logistics for these companies harder? If he actually did do something, why would it matter if their profits are currently so high?

I've put this up several times
The below facts are supported with links and are several of many statements and actions Biden has done to
raise the cost of gasoline!
Biden statement
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”


So tell me what Biden wants to do with oil/gas/coal? Destroy it!
Biden statement
Biden wants to throw oil executives into jail... “we should put them in jail” when talking about fossil fuel executives.

Joe Biden on fossil fuel executives: 'We should put them in jail!'

Joe Biden said Sunday that fossil fuel executives should be jailed - but failed to mention that his son was on the board of a Ukrainian natural gas firm.

www.dailymail.co.uk

So tell me what Biden wants to do with oil/gas/coal workers? Throw in JAIL!
Biden ACTION
The royalty rate for new leases will increase to 18.75% from 12.5%.
That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.

Biden increases oil royalty rate and scales back lease sales on federal lands

The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.

www.npr.org

So tell me what Biden DID to increase oil/gas/coal costs? Raise rates 50%!!
So oil company workers can look at 3 statements and actions by Biden and wonder what their future is and therefore let's get it while we can!!!!
1) Biden wants to throw them in jail.
2) Biden wants to eliminate oil/coal, i.e. fossil fuels. Put them out of business. Make them unemployed.
3) Biden raises the cost of finding oil on Federal lands as well as halting the leasing of federal lands.

What would you do if your industry was told it was going to be obsolete, people put in jail and the cost is going up?
I've given links. I don't make these statements up.

 

[Billy000]

I've put this up several times
The below facts are supported with links and are several of many statements and actions Biden has done to
raise the cost of gasoline!
Biden statement
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”


So tell me what Biden wants to do with oil/gas/coal? Destroy it!
Biden statement
Biden wants to throw oil executives into jail... “we should put them in jail” when talking about fossil fuel executives.

Joe Biden on fossil fuel executives: 'We should put them in jail!'

Joe Biden said Sunday that fossil fuel executives should be jailed - but failed to mention that his son was on the board of a Ukrainian natural gas firm.

www.dailymail.co.uk

So tell me what Biden wants to do with oil/gas/coal workers? Throw in JAIL!
Biden ACTION
The royalty rate for new leases will increase to 18.75% from 12.5%.
That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.

Biden increases oil royalty rate and scales back lease sales on federal lands

The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.

www.npr.org

So tell me what Biden DID to increase oil/gas/coal costs? Raise rates 50%!!
So oil company workers can look at 3 statements and actions by Biden and wonder what their future is and therefore let's get it while we can!!!!
1) Biden wants to throw them in jail.
2) Biden wants to eliminate oil/coal, i.e. fossil fuels. Put them out of business. Make them unemployed.
3) Biden raises the cost of finding oil on Federal lands as well as halting the leasing of federal lands.

What would you do if your industry was told it was going to be obsolete, people put in jail and the cost is going up?
I've given links. I don't make these statements up.

okay. The oil exec thing is a real quote. I’ll give you that one. But let’s give it some context. He said it before he was even elected president lol. I mean seriously so what? Can you name a policy of his as president that aims to put them in jail? No none. It’s a moot point.

Now you’re talking about specific policy with this second point, but you have failed to show how it demonstrates any negative effect on the economy. If oil profits have greatly increased as I proved in my OP, why would anything Biden had done to hinder their bottom line? That’s what you’re failing to take into account. Why are oil profits currently so high? Why can’t you address that point?

 

[jc456]

he was even elected president lol. I mean seriously so what

So he isn’t held accountable for his own words? Then there’s no point in discussing politics with you. You should leave

 

[Billy000]

So he isn’t held accountable for his own words? Then there’s no point in discussing politics with you. You should leave

Lol if you actually cared about the shit politicians say, you would be more critical of Trump.

 

[Billy000]

So he isn’t held accountable for his own words? Then there’s no point in discussing politics with you. You should leave

Remember when Trump saluted a North Korean general? What a fucking moron lol

 

[jc456]

Lol if you actually cared about the shit politicians say, you would be more critical of Trump.

I care when what they say begins to take place, I do . So you never believed in trumps three impeachments? Hahaha

 

[Billy000]

I care when what they say begins to take place, I do . So you never believed in trumps three impeachments? Hahaha

Well Trump didn’t talk about saluting a North Korean general, he straight up did it lol

 

[jc456]

Well Trump didn’t talk about saluting a North Korean general, he straight up did it lol

He didn’t bow like Obammy

 

[Billy000]

He didn’t bow like Obammy

Nice try with your blatant whataboutism but nothing is dumber than saluting a North Korean general lol. It’s so fucking stupid and embarrassing.

 

[Nostra]

Nice try with your blatant whataboutism but nothing is dumber than saluting a North Korean general lol. It’s so fucking stupid and embarrassing.

Bowing to goat fuckers is dumber.

 

[kaz]

That’s just you making shit up.

Gotcha, Biden just wants to spend trillions more than we are now, no one would think that's excessive. Other than anyone with a brain. Obviously not you ...

 

[jc456]

Nice try with your blatant whataboutism but nothing is dumber than saluting a North Korean general lol. It’s so fucking stupid and embarrassing.

Oh so only you can do it? Hahaha can you see this?

 

[Billy000]

Oh so only you can do it? Hahaha can you see this?

His response should have began with either defending or condemning Trump. After that he can bring up Obama. Dodging the subject entirely is a pussy move.

 

[Markle]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high? Keep in mind these prices are high in other countries.

2 charts show Big Oil profits skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.

www.businessinsider.com

Simple, even you know this to be 100 percent true.





25 Biden policies raising gas prices and other energy costs - Americans for Prosperity