What did Biden do to reduce gas prices by 25% over the last 3 months?

Brad460
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Brad460 9/8/2022 6:40am
9/8/2022 6:40am
MO 23 wrote:
He did fuck all, Presidents can only do so much to effect the price of a global commodity beyond cutting taxes, but that has an effect...
He did fuck all,

Presidents can only do so much to effect the price of a global commodity beyond cutting taxes, but that has an effect elsewhere in the economy
Especially in the context of coming out of a global pandemic and a war in Europe, a US President can only do so much, both positive and negative.

Demand is at an all time high, supply is not. And Biden can only give input to the levers of a limited segment of the production supply. It is not rocket science to see why oil prices are so high at the moment.

But just like you can’t give him props for the lowering of prices. You can’t blame him for high prices.

But I do find it comical when groups want to either credit or blame him for one side of the price shift, but then when it reverses say he didn’t have any impact. At least be consistent, if you blamed him for high prices, give him credit for bringing it back down, and visa versa.
Government policy absolutely affects energy prices, to suggest otherwise is pure ignorance..
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TeamGreen
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TeamGreen 9/8/2022 7:28am
9/8/2022 7:28am
People in California are still paying over $5 gallon.

Joe DID tap into our Strategic Petroleum Reserves.
He DID put it ALL on the shoulders of “those greedy oil execs”(which is hilarious when it comes to an international market driven commodity).

But, most importantly…

Joe, John and Jennifer sent the message…from the onset of this administration…that they were going to fuck the oil industry and threatened to make them culpable for all the sins of humanity…as ot relates to OUR reliance on them…the oil industry.

Yup, we and our various gov’t leaders are responsible for our energy addiction. Let’s be clear: we are dependent on…addicted to cheap and plentiful energy.

This Administration has Weaponized that Dependency.

And these so-called “Climate Change Geniuses” have proven they’re incapable of managing intelligent energy policy’s consistent with our energy NEEDS and they’re implied desire for change.

They come into office, fuck EVERYTHING UP…and now we’re asking ourselves what Joe did to make us feel a little less fucked-over…?

Uh, ok.

Shall we discuss The Economy?
The Markets?
Inflation?
Legitimate Job/Labor Statistics?
Legitimate Explanation for their “Immigration Fail”?
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early
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early 9/8/2022 7:28am
9/8/2022 7:28am
There's this too
KennyT
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KennyT 9/8/2022 9:47am
9/8/2022 9:47am
I forgot to chime in on our new deflated gas prices here in San Diego. 2 years ago it was around $3.50 per gallon. Yesterday I shopped around for a generic station that had gas for $5.39.

For some reason Democratic logic would like us to believe that an increase of close to $2 per gallon is supposed to be a good thing.
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AJ565
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AJ565 9/8/2022 10:25am
9/8/2022 10:25am
I cannot stress enough this is not Texas. Please don’t move here. But this is where we’re at today.
Searights
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Searights 9/8/2022 10:31am
9/8/2022 10:31am
Thanks, AJ. I just contacted a realtor who is not in Texas.
whyZ
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whyZ 9/8/2022 10:58am
9/8/2022 10:58am
Fuel prices being lowered 25% from a 300% increase, yippee-fuckin-hoo. Can't wait to hear what you have next on the Biden accomplishment register.
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vanillaice782
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vanillaice782 9/8/2022 11:02am
9/8/2022 11:02am
The recession started. That's what happened
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moto162
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moto162 9/8/2022 11:18am
9/8/2022 11:18am
Idk where gas prices have gone down 25% besides Texas. Illinois right now is 4.65 gal down from a July high of 5.49 and the only reason for that is illinois suspended the gas tax of 0.69 a gal like others democrat states I belive have done. Remember it's not the cost per gallon pre tax but total sales. So you cut the taxes and it counts as a total % down. Remember there's elections to win.

As I've have said before our issue is not due to it being a global commodity but a policy ideology issue. Which is quite blatant. They have said it over and over and over on national television. You can not deny that. As Dementia Joe said. Your going to suffer but we will come out better because of it. Now there are many things he could do to help our country's inflation that is partially driven by high gas prices. He can lower OUR prices using OUR oil but that would be in direct opposition of what his political ideology is right now. If you don't belive that a country can't leverage thier own oil to benefit them in a situation similar to this I don't know what to tell you anymore. If he went pro oil for now until where out of the plandemic then once we control inflation we will work on the green new deal August of 2021 we would not be in nearly as bad of a situation we are in twelve months later.


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lumpy790
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lumpy790 9/8/2022 11:32am
9/8/2022 11:32am
Gas $3.13 diesel $4.38

Leaving for Red Bud tomorrow and pump diesel prices as high as $5.39 but we use a TSD truckers fuel card that gives a .25 - $1 a gallon discount
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vanillaice782
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vanillaice782 9/8/2022 12:01pm
9/8/2022 12:01pm
Haha, I actually just drove through Illinois to Indiana and it was nearly a dollar more. Weird.
plowboy
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plowboy 9/8/2022 12:14pm
9/8/2022 12:14pm
Lol....I must be older than most of you or just paid more attention to this stuff. The markets have ALWAYS used any bullshit excuse they can find to raise prices. Whether it's the election of an "unfriendly" adminstration or a conflict, famine, flood, volcano, plague of locusts. Any excuse will do.

I don't blame Biden for high prices and don't give him credit for any drop either. The market ain't in the politics business...they're in the money makin' bidness...and brothers, bidness has been GOOD.
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indy_maico
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indy_maico 9/8/2022 12:55pm
9/8/2022 12:55pm
APLMAN99 wrote:
Early June the national average was $5.006/g. Now it’s $3.746/g. What specific actions did he take that caused such a dramatic drop in a short time...
Early June the national average was $5.006/g. Now it’s $3.746/g.

What specific actions did he take that caused such a dramatic drop in a short time?!?!?!?!


Nice!


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APLMAN99
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APLMAN99 9/8/2022 1:50pm
9/8/2022 1:50pm
APLMAN99 wrote:
Early June the national average was $5.006/g. Now it’s $3.746/g. What specific actions did he take that caused such a dramatic drop in a short time...
Early June the national average was $5.006/g. Now it’s $3.746/g.

What specific actions did he take that caused such a dramatic drop in a short time?!?!?!?!


indy_maico wrote:
Nice! [img]https://p.vitalmx.com/photos/forums/2022/09/08/567586/s1200_Fishing.jpg[/img]
Nice!


Forget that little rod and reel setup........!

Cool


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lumpy790
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lumpy790 9/8/2022 6:56pm
9/8/2022 6:56pm
plowboy wrote:
Lol....I must be older than most of you or just paid more attention to this stuff. The markets have ALWAYS used any bullshit excuse they can...
Lol....I must be older than most of you or just paid more attention to this stuff. The markets have ALWAYS used any bullshit excuse they can find to raise prices. Whether it's the election of an "unfriendly" adminstration or a conflict, famine, flood, volcano, plague of locusts. Any excuse will do.

I don't blame Biden for high prices and don't give him credit for any drop either. The market ain't in the politics business...they're in the money makin' bidness...and brothers, bidness has been GOOD.
If there is a fart in the gulf they raise prices
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BobbyM
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BobbyM 9/8/2022 11:57pm
9/8/2022 11:57pm
APLMAN99 wrote:
Early June the national average was $5.006/g. Now it’s $3.746/g. What specific actions did he take that caused such a dramatic drop in a short time...
Early June the national average was $5.006/g. Now it’s $3.746/g.

What specific actions did he take that caused such a dramatic drop in a short time?!?!?!?!


Nada...it's a global market. goes up goes down.
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Darrin Willis
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Darrin Willis 9/13/2022 6:20am
9/13/2022 6:20am
Here in Communist Canada were at 1.30$ per liter. Just under 6$ Canadian per gallon. Our gallons are about 15% larger then your gallons and our dollar is worth 20% less then your dollar. Confused yet? Oh and we are paying an extra few cents per liter as a carbon tax. Fantastic. The reality is this is a tax for the lower and middle class. For example if your a multi millionaire do you really give a fuck if you spend a few hundred xtra a month on fuel and the other inflated prices that go along with it? But if you live paycheck to paycheck you sure do
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prozach
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prozach 9/13/2022 7:19am
9/13/2022 7:19am
If prices increased 120% under him, and then decrease 25%. They haven't actually decreased at all. They have simply gone up 95%. Lots of fuzzy math in politics.
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Titan1
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Titan1 9/13/2022 7:34am
9/13/2022 7:34am
Darrin Willis wrote:
Here in Communist Canada were at 1.30$ per liter. Just under 6$ Canadian per gallon. Our gallons are about 15% larger then your gallons and our...
Here in Communist Canada were at 1.30$ per liter. Just under 6$ Canadian per gallon. Our gallons are about 15% larger then your gallons and our dollar is worth 20% less then your dollar. Confused yet? Oh and we are paying an extra few cents per liter as a carbon tax. Fantastic. The reality is this is a tax for the lower and middle class. For example if your a multi millionaire do you really give a fuck if you spend a few hundred xtra a month on fuel and the other inflated prices that go along with it? But if you live paycheck to paycheck you sure do
Exactly…the poor and middle class can’t afford the democrats energy and environmental policies…

We need MORE fossil fuels RIGHT NOW…while also working full-out on developing a viable and realistic fossil fuel replacement. And we will know when that fossil fuel replacement is viable and realistic, when the market starts switching to it organically (no government regulations forcing it). We don’t have it right now…not even close…
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