Gas prices $5 a gallon soon? - Page 2 - Politics Forum.org | PoFo

Wandering the information superhighway, he came upon the last refuge of civilization, PoFo, the only forum on the internet ...

"It's the economy, stupid!"

Moderator: PoFo Economics & Capitalism Mods

Forum rules: No one line posts please.
#15233207
Godstud wrote:USA does not determine the world prices for oil and since the WORLD is having the same problems with high prices as USA, this undermines your foolish assertion that Biden is responsible for high US gas prices. It makes no sense.

2019. The price of oil was $64/barrel.
2022. Oil prices are $120/barrel.

Capitalism. Supply and demand.

Why are you so anti-Capitalist?

@BlutoSays You're a liar. You supported Trump the whole time he was in power. He could do no wrong, in your eyes.




It makes PERFECT sense. Biden stated he was going to attack fossil fuel. Then he did attack fossil fuel.








Image
#15233215
MistyTiger wrote:@BlutoSays If you want to blame anyone for high gas prices, take a look at OPEC. How do you like them apples? And OPEC has many members, 13 member countries.


?

Biden has been blaming everyone in the past year. According to him, it's.....

Putin's fault?
Trump's fault?
Exxon's fault?
"Big Oil's" fault?
Gas station fraud?
Gas supply company's fault?
"Anti-consumer behavior"?

Maybe it's George Bush's fault?
#15233221
BlutoSays wrote:It makes PERFECT sense. Biden stated he was going to attack fossil fuel. Then he did attack fossil fuel.

https://twitter[==].com/RNCResearch/status/1535667434912464897

Image


Another of Bluto's useless memes.

Look closely at the horizontal axis. The 1st 2 dates are Jan. 20 and Jan. 27, which are just 7 days apart.

In the middle of the image we see 2 dates that are about the same distance apart. They are June 30 and Oct. 7, which are 14 weeks apart.

These 2 parts of the image illustrate that its maker had no intention of graphing the truth. If the horizontal axis is off by a factor of about 14, then why should anyone think the vertical axis is accurate.

It is total BS.

As is the idea that stopping new drilling is going to effect the price of oil right away.

Bluto keeps asserting that it makes perfect sense, but when asked for his reasons why that would happen, he ignores the request. Oil prices are set by current supply and current demand. Oil futures prices are based on guesses of future supply and future demand. Note the word "guesses". Sometimes players on the futures market lose a lot of money.
.
#15233652
pugsville wrote:The Cost of producing Oil has not gone up.

Any increase in price is solely due to Capitalism, Market "forces".

Totally not true in Britain. In Britain so many of the sheeple supported the absurd anti Russian sanctions. It seems the French have been smart and have been buying up a lot of the discounted Russian energy products. Still a lot of Russian oil and gas now has to be transported to India where it is refined and then shipped back to Europe. This seems to keep the retarded virtue signallers happy.
#15234556
Biden Is Still Trying to Ban Federal Oil, Gas Leasing
June 22, 2022 Georgia Star News Staff
by Thomas Catenacci


The Biden administration asked a federal court this week to uphold its ban on new federal oil and gas leasing, according to Department of Justice (DOJ) court filings.

The administration argued the U.S. District Court for the Western District of Louisiana should toss an April 29 motion from more than a dozen states asking the presiding judge to permanently nix the leasing ban, according to the Monday filings. The Louisiana court placed an injunction on the ban in June 2021, forcing the federal government to hold oil and gas lease sales until a final ruling was issued in the case.

“The government’s position is laid out in its filings,” Department of the Interior (DOI) spokesperson Melissa Schwartz told The Daily Caller News Foundation in an email Wednesday.

In April, the DOI — which hasn’t held a single onshore oil and gas lease sale during President Joe Biden’s tenure — finally scheduled six sales for June, saying the court injunction issued more than 10 months prior had forced its hand. However, the agency delayed four of the sales, one of which was scheduled for Tuesday, after environmental groups filed protests.

Schwartz didn’t comment on why the administration has continued to argue in favor of the ban or if it would cancel the scheduled sales altogether if the court reinstated the ban over the next week.

The average price of gasoline hit a record $5.02 per gallon Tuesday while the average price of diesel fuel hit a record $5.78 a gallon Wednesday, AAA data showed.

“For decades, presidents of both parties have faithfully executed the Outer Continental Shelf Lands Act and Mineral Leasing Act—Congress’s meticulously crafted framework governing oil and gas leasing on federal lands,” the states wrote in their April filing. “Those statutes’ import is unambiguous: the Executive Branch must work with the States to facilitate the expeditious and safe development of onshore and offshore federal energy resources.”

“By executive fiat, however, President Biden has brought this entire regime to a halt,” they continued. “Defendants’ administration-wide Pause on onshore and offshore oil-and-natural-gas development is unauthorized by any statute.”

The states, led by Louisiana Attorney General Jeff Landry, first filed the lawsuit in March 2021, two months after Biden signed an executive order implementing the leasing ban.

Administration officials, meanwhile, have continued to suggest Biden is still in favor of the leasing ban.

“President Biden remains absolutely committed to not moving forward with additional drilling on public lands,” White House climate czar Gina McCarthy told MSNBC in April.

https://georgiastarnews.com/2022/06/22/ ... s-leasing/
#15234565
You guys are just plain ignorant. The price of gas is high EVERYWHERE. Biden doesn't control world oil prices.
#15234571
@Igor Antunov You're a fool and a moron. I don't give a rat's ass about Biden, but I know lies and bullshit when I see it.
#15234578
See? Even more evidence of you being a dumbass, @Igor Antunov. You and @BlutoSays are both idiots who want to blame anything and everything on Biden, when he's not the one in charge of gas prices. It is sheer ignorance and stupidity on your part.

If it was Trump in charge of the USA, I'll bet you'd both be praising him, as you always did.
#15234584
Godstud wrote:See? Even more evidence of you being a dumbass, @Igor Antunov. You and @BlutoSays are both idiots who want to blame anything and everything on Biden, when he's not the one in charge of gas prices. It is sheer ignorance and stupidity on your part.

If it was Trump in charge of the USA, I'll bet you'd both be praising him, as you always did.


I refer to the slogans of the dnc during election. I think Trump proved once and for all that US presidents hold no power, its just a front for those really in charge. His hands were tied by the establishment the second the people elected him. And right now they're ridin' with biden' as their stooge, a nice docile senile old war criminal.
#15234606
Godstud wrote:You guys are just plain ignorant. The price of gas is high EVERYWHERE. Biden doesn't control world oil prices.


Biden's policies created shortages of fuel that could not keep up with demand. He promised and did close ANWR, damaged drilling and refining projects and did that on purpose to promote the replacement with "green-energy". He BRAGGED about doing it and he did it.

Now STFU. The evidence of it is everywhere, so GFY you ignorant donkey (ass).




Image
#15236175
@BlutoSays You would blame female menstrual cycles on Biden. :lol:


Are you sure it's not Hunter's laptop causing high oil prices all over the world? Or is it still Hillary?

Oil prices all over the world are high. USA is not an outlier in this regard. Biden doesn't control oil prices in the UK, Europe, SE Asia, etc. All of which are comparatively high. If Trump was still President(which he is not), you'd still be seeing high gas prices in the USA.
#15236176
Godstud wrote:@BlutoSays You would blame female menstrual cycles on Biden. :lol:


Are you sure it's not Hunter's laptop causing high oil prices all over the world? Or is it still Hillary?

Oil prices all over the world are high. USA is not an outlier in this regard. Biden doesn't control oil prices in the UK, Europe, SE Asia, etc. All of which are comparatively high. If Trump was still President(which he is not), you'd still be seeing high gas prices in the USA.



Joe Biden attacking domestic oil producers and refiners with idiot green regulation has driven up the price of gasoline and energy in general.



Image
#15236181
Godstud wrote:[usermention=83874]

@BlutoSays[/usermention] You would blame female menstrual cycles on Biden.


Are you sure it's not Hunter's laptop causing high oil prices all over the world? Or is it still Hillary?

Oil prices all over the world are high. USA is not an outlier in this regard. Biden doesn't control oil prices in the UK, Europe, SE Asia, etc. All of which are comparatively high. If Trump was still President(which he is not), you'd still be seeing high gas prices in the USA.



He knows it's a lie, but he thinks if he says it often enough, someone will actually believe him.

The ones protesting the war are disrupting regular[…]

Indictments have occurs in Arizona over the fake e[…]

Actually it is unknown whether humans and chimps […]

Ukraine already has cruise missiles (Storm Shadow)[…]