June 6th 2022 Gas prices poll

[Tom]

What did he do to bring them down?

Up 3 dollars, then down a quarter. LET'S GO BRANDON!

Typical dem shuffle from the bottom of the deck....talk about raising taxes by 10%, then vote to raise them 5% and tells they cut our taxes in half.

[PaceAdvantage]

Originally Posted by Karakorum Kabbage

Of course we should. If you buy into the argument that Biden is somehow responsible for the spike in global gas and energy prices, you gotta take your medicine when he's praised for bringing them down

Get it straight. It's clearly the PUTIN gas discount.

[Striker]

Originally Posted by Karakorum Kabbage

Of course we should. If you buy into the argument that Biden is somehow responsible for the spike in global gas and energy prices, you gotta take your medicine when he's praised for bringing them down

Dynamite point…..When the prices get below the national average of $2.53/gallon which is what prices were when he took office, we can take the medicine then.

[davew]

Originally Posted by Tom

What did he do to bring them down?

Up 3 dollars, then down a quarter. LET'S GO BRANDON!

Typical dem shuffle from the bottom of the deck....talk about raising taxes by 10%, then vote to raise them 5% and tells they cut our taxes in half.

Joe started stealing from the national petroleum reserves 1 million barrels a day for the national emergency of having elected an incompetent president who hired a diverse group of misfits to help him.

Joe also bumped up inflation and the costs of many things so the country and world would go into a deep recession, cutting demand for petroleum products.

[mostpost]

You know what would be wonderful? If you guys ever got it. Prices were low when iden took office, because of the pandemic. Almost no one was driving and those that were, were driving far less.

Supply was far outstripping demand. Oil companies shut down refineries. Once that is done, it takes a long time to start them up again. Thanks to Biden and the vaccines, things started to open up. People went back to work and back to school. They started going to restaurants and the movies again. Demand jumped exponentially. Supply did not and it had zero to d o with pipelines or new leases. Then of course there was the war in Ukraine and sanctions against Russia.

What has Biden done to lower gasoline prices? He released the strategic oil reserve. He pressured the oil companies to start the refineries back in operation. He threatened windfall profits. The Fed raised interest rates to cool the economy.

There was a post here that gasoline prices would be $6.20 a gallon by Labor Day. More likely they will be under $4.20.

[JustRalph]

Originally Posted by mostpost

You know what would be wonderful? If you guys ever got it. Prices were low when iden took office, because of the pandemic. Almost no one was driving and those that were, were driving far less.

Supply was far outstripping demand. Oil companies shut down refineries. Once that is done, it takes a long time to start them up again. Thanks to Biden and the vaccines, things started to open up. People went back to work and back to school. They started going to restaurants and the movies again. Demand jumped exponentially. Supply did not and it had zero to d o with pipelines or new leases. Then of course there was the war in Ukraine and sanctions against Russia.

What has Biden done to lower gasoline prices? He released the strategic oil reserve. He pressured the oil companies to start the refineries back in operation. He threatened windfall profits. The Fed raised interest rates to cool the economy.

There was a post here that gasoline prices would be $6.20 a gallon by Labor Day. More likely they will be under $4.20.

You are full of shit. Check this graph. Don’t expect to get away with easily checked lies. Gas prices were low all thru Trump’s term including prior to the pandemic. Biden gets elected and off the scale the graph runs up

[Cuffdaddy]

Originally Posted by JustRalph

You are full of shit. Check this graph. Don’t expect to get away with easily checked lies. Gas prices were low all thru Trump’s term including prior to the pandemic. Biden gets elected and off the scale the graph runs up

This is precisely what the current administration does, lie in the face of facts on issues that are of extreme importance

[PaceAdvantage]

Propagandists gonna propaganda

[Elkchester Road]

Originally Posted by PaceAdvantage

Putin's gas discount

Gotta clean my computer screen. Thanks.

[Elkchester Road]

Originally Posted by Karakorum Kabbage

Of course we should. If you buy into the argument that Biden is somehow responsible for the spike in global gas and energy prices, you gotta take your medicine when he's praised for bringing them down

Nope. Supposedly, Putin was responsible for the price increase. HE is the one who should get credit for it dropping...NOT BIDEN.

Clear enough for you???

[Elkchester Road]

Originally Posted by JustRalph

You are full of shit. Check this graph. Don’t expect to get away with easily checked lies. Gas prices were low all thru Trump’s term including prior to the pandemic. Biden gets elected and off the scale the graph runs up

^^This.^^

Ralph

[mostpost]

Originally Posted by davew

Joe started stealing from the national petroleum reserves 1 million barrels a day for the national emergency of having elected an incompetent president who hired a diverse group of misfits to help him.

Joe also bumped up inflation and the costs of many things so the country and world would go into a deep recession, cutting demand for petroleum products.

There’s no recession, deep or otherwise. Here’s how NBER defines a recession. The NBER defines a recession as a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Let’s start with income. According to BLS.gov
Median weekly earnings of the nation's 118.9 million full-time wage and salary workers were
$1,041 in the second quarter of 2022 (not seasonally adjusted), the U.S. Bureau of Labor
Statistics reported today. This was 5.2 percent higher than a year earlier.

EMPLOYMENT.
6.4 6.2 6.0 6.0 5.8 5.9 5.4 5.2 4.7 4.6 4.2 3.9
2022 4.0 3.8 3.6 3.6 3.6 3.6

The unemployment rate is currently 3.6% compared to 6.4% when Biden took office.

2021 520 710 704 263 447 557 689 517 424 677 647 588
2022 504 714 398 368 384(P) 372(P)

18 consecutive months of Job gains, all but one over 360,000


Industrial Production

https://www.macrotrends.net/2583/ind...storical-chart

The current level of Industrial production is 104.37. Compared to about 100 at the start f 2021.

WHOLESALE-RETAIL SALES.

https://tradingeconomics.com/united-states/retail-sales

Retail sales increased in 9 of the last 12 months.

Wholesale inventory increased every month since Jan 21.

NO RECESSION.

[mostpost]

Originally Posted by JustRalph

You are full of shit. Check this graph. Don’t expect to get away with easily checked lies. Gas prices were low all thru Trump’s term including prior to the pandemic. Biden gets elected and off the scale the graph runs up

You mean the graph that trends up from 2016 to just before the pandemic? That graph?

[PaceAdvantage]

Originally Posted by mostpost

You mean the graph that trends up from 2016 to just before the pandemic? That graph?

You mean the graph that trends sharply DOWN...before 2020? Before the pandemic?

That graph?

[Karakorum Kabbage]

Originally Posted by mostpost

You know what would be wonderful? If you guys ever got it. Prices were low when iden took office, because of the pandemic. Almost no one was driving and those that were, were driving far less.

Supply was far outstripping demand. Oil companies shut down refineries. Once that is done, it takes a long time to start them up again. Thanks to Biden and the vaccines, things started to open up. People went back to work and back to school. They started going to restaurants and the movies again. Demand jumped exponentially. Supply did not and it had zero to d o with pipelines or new leases. Then of course there was the war in Ukraine and sanctions against Russia.

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