The Price Of Gasoline Is Going Up And Up

--The Biden administration is planning to block oil and gas drilling across millions of acres in an Alaskan reserve, which Congress specifically set aside for resource development.
--The regulations represent one of the Biden administration's most aggressive actions pushed under its climate and conservation agenda.
--According to the DOI, the regulations as proposed would create an outright prohibition on any new leasing across 10.6 million acres of the area, equivalent to about 40% of the entire NPR-A.
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Biden doesn't like crude oil but does like high gas prices and wants to force you into an EV.

 

I heard that gas it back over $6/gallon in CA.

 

Your dollar, under Bribed Joe, keeps deteriorating, which is why prices keep getting higher and higher.

'BREAKING: The median monthly U.S. housing payment hit an all-time high of $2,747 during the four weeks ending April 7, up 11% from a year earlier, per Redfin.'

'INFLATION IS ILLUSORY, TRANSITORY, A HIGH-CLASS PROBLEM, AND OVER ALREADY'

https://instapundit.com/642947/

 

It goes up every year as the summer road trip season looms closer. How can you not know that? It also goes up every year just prior to Thanksgiving. It has nothing to do with government policy, it's just simple greed on the part of the fossil fuel industry.

 

Yep, oil corps are helpless, they have no ability to influence prices.

 

I do know this, Trump was for pump, pump, pump. Biden is for restricting drilling. You can't drill you can't pump. And I know this -- under Trump gas price was $2.12 gal and now it's $3.59 gal under Biden.

 

https://www.reuters.com/markets/com...rs-boost-drilling-efficiency-kemp-2023-11-01/

 

Bribed Joe and the Left just keep spending and spending and spending, continue to drive inflation, and they have even rolled Speaker Johnson.



"Seven F*cking Dollars!": Social Media Influencer Rages After Paying $7 For An Apple At Whole Foods

“Genuinely what economy are we all f–king living in that it costs 7 dollars to buy an apple?"

 

There is no correlation between Biden limiting oil drilling in Alaska and current prices at the pumps, Period!

 

Actually, Trump was for pump, pump, pump, carry forward losses, drilling into debt, and insolvencies.

Response from today’s shareholders; No more of this nonsense.

 

At least you didn't say the high prices were Trump's fault.

 

The Democrats want gasoline to be high priced so that you will $50,000 on a Tesla.

 

we are drilling more now then under Trump... foreign supply issues effect the price here as we use the global price of oil

 

Trump wanted prices higher, now we got it, thanks Trump, he was right, this was GREAT for the oil and gas industry, course it SUCKS for consumers

Trump lowered supply during Covid, when that demand was picking up, supply was not there - now big oil is using this tactic to keep prices high

 

Alaska’s Willow project has been approved, and at its peak, it will produce 180,000 barrels per day. Cost to develop, 7 - $9 billion, first barrel of oil, 2029.

ConocoPhillips; “The Willow Project is the largest project in size and scale to be developed on the north slope in more than 20 years”

Headline; Biden approves controversial Willow project, Mar 14, 2023

WTI price;

Mar 17, 2023; $66.61
Mar 24, 2023; $69.22
March 31, 2023; $75.68
April 07, 2023; $80.70
April 14, 2023; $82.58

Huuummmm, looks like Biden’s Willow Project approval increased the price of crude.

 

Oh my goodness, gasoline price is up , so I must vote for the guy who wants to replace American democracy and elect himself as “ Dictator on day one”.

Who cares about democracy , as long as I get my $2 gas.

 

Yea, because Elon Musk is the hero among DEMS. ( just got that from QANNA text)

 

This won't matter anymore soon because Biden will control how many miles we can drive. If we are only allowed to drive 5 miles a day we won't feel this increase as much.

 

Biden isn’t advertising America’s record oil boom
Biden is not “waging war” on American energy. He’s boosting it.
https://www.vox.com/climate/24098983/biden-oil-production-climate-fossil-fuel-renewables

Next.

 

How can you believe this when drilling has never been higher in our history under Biden? LMAO

 

Yea, Musk did well when he bought Twitter, but he’s been on the government dole for years with the $7,000 kickback he’s gotten for every Tesla for as long as I can remember.

 

.

 

You sound like Hillary Clinton. Trump served 4 years and left a democracy in good shape. He'll do it again.

 

You think futures and commodity traders will take action on something that won't affect markets for 4 years?

No matter how you slice it, US oil production impacts global crude prices just like every other country that drills.

If Kuwait introduced policy tomorrow to cut production in half, prices would sky rocket on the futures market.

Why do you think the US oil policy doesn't have similar effects?

 

US Oil Giants Pump Their Way to Bumper Profits
Plus
US leads global oil production for sixth straight year
Plus
The US recently has been averaging $20 billion in oil company subsidies
Equals
Oil Industries are a bunch of corporate welfare queens who are STEALING from the American people.