Pain at the pump: Americans are warned to budget for $5-A-GALLON gas

it is not that diffcult

Trump - energy independent a net exporter of oil = 2.11 per gallon
Biden - shut down drilling, dependent on foreign oil, net importer of oil = 4.01 per gallon almost double the price

no matter how much spin you try its so blatantly obvious this is all on Biden that even the ignorant can see it
and it does nothing but make you out to be a fool trying to convince anyone different

 

Oil is a globally produced and traded commodity. US production has gone up slightly since Biden was inaugurated, but prices are also up.

And America was a large net exporter of oil products when Trump was inaugurated, but an importer when he left. How is that “on Biden”?

 

Yah I know it is all one big coincidence and has nothing to do with Biden after he did everything opposite of Trump
do you actually believe your own spin?

 

Your chart confirms what I wrote - that prices are up. It doesn’t refute anything else I wrote.
You blamed Biden for changing America from a net exporter of oil to a net importer. But that happened under trump. Do you bother to check these assertions before you make them?

 

Biden ran on it, did it and brags about it.

PROVEN RESERVES, do you still confused a leased acre with a proven reserve?

They lease so they can then do exploratory.

It was a price war between Russia and OPEC, it was Russia demanding OPEC lower their production and that would have endangered our own national security and production as inventories were filling up due to COVID.

 

1. Idk how much precisely, but quite a bit more nonetheless.
2. Gas prices would plummet downward (the opposite of what is happening right now).
3. It would take roughly half a year of said policies being in effect.

My point is that any president actually CAN flip a switch (implement different economic/energy policies) and change oil prices.

 

Thirty cents here from two days ago But I'm sure this current DNC clown show in Washington will find the right pressure to make even the most hardened true believers squeal

 

Thanks Biden....

 

You are correct. Why does Biden continue with such disastrous policies? Perhaps he enjoys knowing the US is funding Putins invasion.

 

Don't know how to read your own stuff? Let me help you...We're talking about OIL.
https://fortune.com/2018/12/06/oil-exports-us/

 

100% false, America wasn't a net oil exporter 75 years prior to 2018. Quite spreading BS.

 

Hahahahaha…FFS man. Biden did NOT cause the price of oil to raise by closing the “XL” pipeline….you know how I know that….because the Keystone pipeline that he stopped, NEVER pumped single drop of oil because it was never built.. The “xl” that Biden canceled the permit for was a “shortcut” that was UNDER CONSTRUCTION and literally NEVER pumped a single drop of oil…..

Simple question then: Why haven’t these oil companies canceled there lease in these lands then ?

SO since they haven’t done that in the 600 leases they currently have, then please explain in detail why MORE lease are needed ?

Turn off Fox News. Dear lord man…..they change their story more than the wind changes direction

https://www.cnbc.com/2020/04/13/ope...st-and-most-complex-deal-ever-dan-yergin.html

 

we will soon be longing for $4.50 per gallon gas

We really need to shut the DNC media and look at the truth in front of us. We need to remove Democrat control in DC

 

Hmmm except for the 40% that was already built and is flowing between Steele city, neb to cushing oklahoma and to Netherland, TX. Where the hell do you get your information?

 

Should be a Biden hat on that cartoon.

It's your president that insists on buying petrochemicals from Russia and supporting the demolition of Ukraine and at the same time refusing to drill domestically.

 

Yeah it seem to coincide with a certain mistake that happened in 2021.

 

This is literally the best you could come up with?

That meme is the height of stupidity.

I guess as long as the left gets to point at Ukraine, any amount of economic turmoil cause by their voting is off limits of discussion?

Really?

 

His actions are a direct contributor to where we are now.

Wait and see if they renew them. Are you still asserting these are all PROVEN RESERVES???

Prove these are all proven reserves or else unexplored.

Turn off the MSM man get so real information and not canards.

 

We are not as simple minded as you are, we are capable of caring about two different things at the same time.

 

The hit to your pocketbook from higher gasoline prices: $2,000 a year.

Biden is begging everyone but Texas and Alaska to produce more oil to reduce global energy prices.

 

Its disheartening, that's a good portion of the cost of living raise I received last year. Account for inflation in other sectors and...... its gone. Also real estate is crushing it in my suburban area of Houston, getting good equity on my house, but Im not moving so my local tax burden keeps going up increasingly fast as the market is very hot here. So once again..... its gone.

 

Made up BS.

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA).Feb 20, 2022

Since 2010, the United States has exported more refined petroleum products, including distillate fuel oil, hydrocarbon gas liquids, and motor gasoline, among others, than it has imported. Net exports of refined petroleum products grew to 3.3 million b/d in 2020 and remained about the same in 2021.

 

Higher prices for oil is Biden and the greens goal. All else being equal, higher fuel prices reduce the use of those fuels and makes electric vehicles more competitive.

 

No it does not.

 

NOTE: Commodities in a general sense are also spiking,not just oil. Nickle for instance had a substantial spike in cost yesterday. Costs for all production is going up fast, raw materials to make electric vehicles is are spiking which will drive up the price on what is currently especially in Tesla's case a highly priced vehicle.

Also consider you still pay money to charge(especially at home), energy prices in general are going up fast. Once you invest and buy the vehicle, you save on costs at the pump, but your home electricity bill will increase as you are adding an appliance in a sense.