dajo9 said:
OdontoBear66 said:
dajo9 said:
OdontoBear66 said:
dajo9 said:
OdontoBear66 said:
dajo9 said:
movielover said:
(OPEC cuts oil production 500,000 barrels per day.)
BBC - Oil prices surge after surprise move to cut output
"The price of Brent Crude oil jumped by more than $5 a barrel, or 7%, to above $85 as trading began."
https://www.bbc.com/news/business-65157555
This increase is now completely reversed.
I suspect you are talking about an increase in the last year reversed, but the main point is that of policy and intent on the part of the Biden administration to cut fossil fuel usage in any way possible and making it known once he came in to office. Too busy to look up the price of gas in California in Jan 2021 but right now it must be at least 20% higher or very close. It is policy that led to the increases. Reduce supply, increase price as a rule. He wants it, he got it.
No, I clicked on the wrong item this morning. My bad. Unlike many other people, I am not afraid to admit when I am mistaken.
CA gas prices rose 25% from the time Trump was elected to just before Covid. Was that also politics?
Diversion. What in the hey does this have to do with Trump? He was our last President, not our current one.
My feelings are so strong that Trump, if nominated, will be the death of the Republican Party. He will lose, and lose poorly because Independents and moderate Republicans find his personality to be that of a despicable human being and will either not vote or vote for his opponent. Things are just a mess right now as there are good candidates out there but those obsessed with Trump seem for now to be in control.
Next biggest dilemma in American is the mainstream press choosing to "gaslight" whatever news they find not to their liking---crime in the big cities, the border, transitory (??) inflation, and yes, gas prices.
OK, let's forget Trump. Since you think gas prices in California are controlled by Federal policy. What was the policy that drove up gas prices 25% from 2016 to 2020?
Two different sources:
2016 $2.14
2017. $2.42
2018 $2.72
2019. $2.60
2020. $2.17
2021. $3.01
2022. $4.41 with high of $4.94 midyear
So what is it of which you speak....$2.14 to 2.17 for most of the Republican administration $3.00+ and not under in the Dem administration....Just like transitory inflation....Who dun it? You know. But what is transitory?
Stop deflecting.
"From the (November 2016 election) to just before Covid"
What federal policy did that 25% increase?
'Green New Deal' / Build Back Better.
Restrictions on some new oil and gas leases, etc. - first Oval Office meeting.
Canceling major new pipelines.
Rejoining the Paris Accord.
$2+ Trillion in new spending / porkulus bills.
Unneeded Covid Lockdowns.
Emptying our strategic oil reserve.
"Managed transition" to solar and wind (impossible).
Proxy war w Russia.
Sanctions on Russia.
Sanctions on Russia, which causes Saudia Arabia to cut oil production by 500K barrels per day.
Our terrorist attack on the NS 1 and 2 pipelines.