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Old 07-24-2022, 11:48 PM   #166
jimmyb
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Real average hourly earnings decreased 3.6 percent, seasonally adjusted, from June 2021 to June 2022. The change in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek resulted in a 4.4-percent decrease in real average weekly earnings over this period.

https://www.bls.gov/news.release/realer.nr0.htm
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Old 07-25-2022, 06:01 AM   #167
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Originally Posted by Karakorum Kabbage View Post
Everything you say are the plain and simple facts, readily available:

https://www.factcheck.org/2022/07/ga...on-of-ukraine/

But acknowledging them would require a level of sophisticated thinking that goes beyond Let's Go Brandon, so you're pretty much out of luck on this forum
The graph clearly shows prices headed down before 2020.

It also shows prices have gone way beyond any highs reached during the Trump years.

And it also shows prices going beyond any reached during the Trump years, BEFORE the invasion of Ukraine.

This makes 100% sense given Biden's stated goals when it comes to fossil fuels.

The words of a president matter, remember?
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Old 07-25-2022, 07:16 AM   #168
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Inflation - lower consumer demand - lower oil prices.
Biden hasn't done anything positive since he took office, least of all lowering gas prices. The entire notion he's lowered prices of anything is laughable.

Last edited by Marshall Bennett; 07-25-2022 at 07:17 AM.
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Old 07-25-2022, 09:16 AM   #169
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Originally Posted by jimmyb View Post
Real average hourly earnings decreased 3.6 percent, seasonally adjusted, from June 2021 to June 2022. The change in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek resulted in a 4.4-percent decrease in real average weekly earnings over this period.

https://www.bls.gov/news.release/realer.nr0.htm

Biden says his policies are working, I don't care about your facts.
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Old 07-25-2022, 03:01 PM   #170
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Originally Posted by PaceAdvantage View Post
The graph clearly shows prices headed down before 2020.

It also shows prices have gone way beyond any highs reached during the Trump years.

And it also shows prices going beyond any reached during the Trump years, BEFORE the invasion of Ukraine.

This makes 100% sense given Biden's stated goals when it comes to fossil fuels.

The words of a president matter, remember?
Instead of a graph, which shows trends, not specifics, letís use this.

https://www.eia.gov/dnav/pet/hist/Le...te_nus_dpg&f=m

Looking at the table we see that gas in January 2017 was $2.349 a gallon. The highest price that year was $2.645 in September. In 2018 the top gasoline price was $2.901 in May.

One thing to notice is the price generally goes down between September and December. That explains the decrease prior to Russiaís invasion of Ukraine.

Which brings us to the question of the effect of the war in Ukraine on gas prices.
Russia invaded Ukraine on Feb. 24, 2022. On Jan. 18, 2021, two days before Biden took office, gasoline cost $2.379 a gallon. On Feb. 21, 2022 it cost $3.53 per gallon. In increase of $1.151 per gallon over a period of 13 months. Currently gas is $4.49 a gallon.
That is an increase of 96 cents a gallon over a period of about five months.

Ukraine accounted for 45% of the total increase in gasoline prices in 28% of the time.
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Old 07-26-2022, 02:03 PM   #171
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$3.99 for regular, in town, if you want to call it that. The weird thing was diesel was $5.81. I have never seen the gap between regular and diesel that high.
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Old 08-01-2022, 04:19 PM   #172
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Gasoline going up again, $4.47 a gallon today.
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Old 08-01-2022, 04:23 PM   #173
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I like how Biden blames others when prices go up and takes credit himself when they go down. Does he think we are all as senile and stupid as he is?
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Old 08-01-2022, 07:33 PM   #174
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Quote:
Originally Posted by mostpost View Post
Instead of a graph, which shows trends, not specifics, letís use this.

https://www.eia.gov/dnav/pet/hist/Le...te_nus_dpg&f=m

Looking at the table we see that gas in January 2017 was $2.349 a gallon. The highest price that year was $2.645 in September. In 2018 the top gasoline price was $2.901 in May.

One thing to notice is the price generally goes down between September and December. That explains the decrease prior to Russiaís invasion of Ukraine.

Which brings us to the question of the effect of the war in Ukraine on gas prices.
Russia invaded Ukraine on Feb. 24, 2022. On Jan. 18, 2021, two days before Biden took office, gasoline cost $2.379 a gallon. On Feb. 21, 2022 it cost $3.53 per gallon. In increase of $1.151 per gallon over a period of 13 months. Currently gas is $4.49 a gallon.
That is an increase of 96 cents a gallon over a period of about five months.

Ukraine accounted for 45% of the total increase in gasoline prices in 28% of the time.
and I thought 100% of the increase was due to Biden policies.
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Old 08-01-2022, 09:00 PM   #175
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Former Cumberland Farms CEO believes gas will be above $5 nationwide again by Labor Day

https://www.foxbusiness.com/energy/f...ars-again-soon
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