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originally posted by: marg6043
a reply to: chr0naut
US is and will hold the biggest oil reserves in the world, but hush, hush, nobody is supposed to know this, I did my research already you should do yours, actually we dissected the peak oil and the 70s woos here in ATS many years ago.
The oil shortage thingy is a lie has been a lie since the 70s, yep when US dumped their gold for oil.
Is one thing about history, everybody wants to hide it, shame it and changed, but the truth is there, just need to find it.
Every crisis in the world has its roots on human creation is all about money.
originally posted by: panoz77
originally posted by: CriticalStinker
originally posted by: panoz77
originally posted by: CriticalStinker
a reply to: carewemust
Biden is not going to be as good for oil/gas as Trump was...
But the referencing gas prices to a year ago is a bit loaded. Prices were shot from the OPEC fight and COVID.
What percentage of price increases do people seriously attribute to sitting president vs outside factors, I'm curious. Question open to any and everybody.
Trump had almost a full year during the height of COVID, gas prices were over a $1 less than current prices, yet you still think gas prices are high due to COVID? LOL
I'm not discounting that some of Trumps policies helped gas prices. He was certainly more friendly to that industry.
But using the absolute lowest gas prices compared to now is a disingenuous metric.
Most of the world went on some kind of lock down, and OPEC had a trade war both happening at the same time. Futures went negative and there weren't enough barges to hold the excess oil. There was a crisis for where to store the stuff, so naturally prices plunged.
Prices were low for the entire duration of Trumps presidency, try again.
originally posted by: CriticalStinker
originally posted by: panoz77
originally posted by: CriticalStinker
originally posted by: panoz77
originally posted by: CriticalStinker
a reply to: carewemust
Biden is not going to be as good for oil/gas as Trump was...
But the referencing gas prices to a year ago is a bit loaded. Prices were shot from the OPEC fight and COVID.
What percentage of price increases do people seriously attribute to sitting president vs outside factors, I'm curious. Question open to any and everybody.
Trump had almost a full year during the height of COVID, gas prices were over a $1 less than current prices, yet you still think gas prices are high due to COVID? LOL
I'm not discounting that some of Trumps policies helped gas prices. He was certainly more friendly to that industry.
But using the absolute lowest gas prices compared to now is a disingenuous metric.
Most of the world went on some kind of lock down, and OPEC had a trade war both happening at the same time. Futures went negative and there weren't enough barges to hold the excess oil. There was a crisis for where to store the stuff, so naturally prices plunged.
Prices were low for the entire duration of Trumps presidency, try again.
And I acknowledged that some of that was likely do to his policy being more favorable.
My point was using the lowest price is disingenuous as there were more factors to the oil crash.
originally posted by: carewemust
originally posted by: TonyS
a reply to: carewemust
Is it possible President Biden is hurting America and Americans intentionally?
Of course he is and yes it's intentional......all part of the plan and there's 3 more years to go and probably 4 more after that with whatever replacement they come up with.
Get used to it. It only gets worse from here.
If the Biden Administration continues, there will be an event...or series of events, that breaks the camel's back and pushes Americans over the edge.
originally posted by: TacoLoco75
That scare tactic has been used since the 70’s. We are running out of oil !!!! We have reached peak production. Only a fool would believe the oil producing countries that cry the oil is running out.
That will never happen in our lifetime or our children’s lifetime or their children’s lifetime. a reply to: chr0naut
originally posted by: carewemust
Update 11.10.2021
The Administration is becoming bolder and more honest with America.
Their top people admit they want OIL AND GAS COMPANIES TO GO BROKE.
Source: www.washingtonexaminer.com...
Lies and Deceit continue to grow.
Chuck Todd asked, “Is there anything you think the administration or you in Congress should attempt to do to alleviate the gas price pain temporarily?”
“It isn’t really that you have to reduce the gas price, what you have to do is reduce the costs for families.” she began.
Reducing cost “doesn’t have to be through lowering gas prices,” she continued.
“That’s what I’m saying with Build Back Better,” Jayapal added. “If we lower costs, that’s what a family is looking at.”
Her constituents “are not talking about inflation, by the way,” she claims.
originally posted by: carewemust
Sunday, October 31, 2021 (Happy Halloween!)
Another DISASTER is in the making, due to policies implemented by U.S. President Joe Biden. He has decided to hand over CONTROL of our Energy Security and Energy Supply to Russia and the Organization of Petroleum Exporting Countries, aka "OPEC".
President Trump eliminated U.S. reliance on foreign oil, by producing enough here at home to take care of America's needs. Here's an article describing the achievement of this historic milestone...
Source: www.bloomberg.com...
Eliminating the reliance on Middle East oil has been the dream of every U.S. Administration since the presidency of Jimmy Carter in 1977. Just 12 years ago, when Joe Biden became U.S. Vice-President, American refiners were routinely importing about 1 million barrels a day of crude from Saudi Arabia, the second-largest supplier to the U.S after Canada and seen as a major security risk.
Just three presidential terms later, that flow has fallen to zero. It is the most visual manifestation of how little America now relies on Middle East oil, after shaping its foreign policy for decades around its need for crude.
When the above article was published, the price for gasoline here in the Chicago area was $1.59 @ gallon. Inflation at the grocery and retail stores was only 1.25%.
-----------------
Just 3 weeks (yes WEEKS!) later, Joe Biden was sworn in as U.S. President. One of the first things he did was begin making America more reliant on other nations for our Petroleum supply...making America less secure, and increasing prices on everything that relies on petroleum.
Earlier this month, President Biden shrugged his shoulders when asked about increasing energy prices. He said they might keep increasing, because there's not much he can do, beyond asking Mideast OPEC to increase production, to help us out.
Source: www.foxbusiness.com...
Right now, the price for Gasoline here in the Chicago area is about $3.76 @ gallon. An increase from $1.59 to $3.76 in just the 10 months since Americans put Joe Biden in the White House. A 136% inflation rate!
To make matters worse, President Biden is right now at a "Climate Change Summit" in Scotland, where he will make promises to world leaders that will increase our energy prices even higher.
Biden - USA Prepared to Sacrifice: www.foxnews.com...
Is it possible President Biden is hurting America and Americans intentionally? He's been interacting with other countries in a myriad of ways for more than 45 years, in an official government capacity. He certainly isn't in a "learning" mode when it comes to foreign and energy policy.
President Biden has to know the actions he and his administration are taking, are damaging America, and his fellow Americans. But he just doesn't give a damn. It's all about exercising POWER.
-CareWeMust
originally posted by: carewemust
Sunday, October 31, 2021 (Happy Halloween!)
Another DISASTER is in the making, due to policies implemented by U.S. President Joe Biden. He has decided to hand over CONTROL of our Energy Security and Energy Supply to Russia and the Organization of Petroleum Exporting Countries, aka "OPEC".
President Trump eliminated U.S. reliance on foreign oil, by producing enough here at home to take care of America's needs. Here's an article describing the achievement of this historic milestone...
Source: www.bloomberg.com...
Eliminating the reliance on Middle East oil has been the dream of every U.S. Administration since the presidency of Jimmy Carter in 1977. Just 12 years ago, when Joe Biden became U.S. Vice-President, American refiners were routinely importing about 1 million barrels a day of crude from Saudi Arabia, the second-largest supplier to the U.S after Canada and seen as a major security risk.
Just three presidential terms later, that flow has fallen to zero. It is the most visual manifestation of how little America now relies on Middle East oil, after shaping its foreign policy for decades around its need for crude.
When the above article was published, the price for gasoline here in the Chicago area was $1.59 @ gallon. Inflation at the grocery and retail stores was only 1.25%.
-----------------
Just 3 weeks (yes WEEKS!) later, Joe Biden was sworn in as U.S. President. One of the first things he did was begin making America more reliant on other nations for our Petroleum supply...making America less secure, and increasing prices on everything that relies on petroleum.
Earlier this month, President Biden shrugged his shoulders when asked about increasing energy prices. He said they might keep increasing, because there's not much he can do, beyond asking Mideast OPEC to increase production, to help us out.
Source: www.foxbusiness.com...
Right now, the price for Gasoline here in the Chicago area is about $3.76 @ gallon. An increase from $1.59 to $3.76 in just the 10 months since Americans put Joe Biden in the White House. A 136% inflation rate!
To make matters worse, President Biden is right now at a "Climate Change Summit" in Scotland, where he will make promises to world leaders that will increase our energy prices even higher.
Biden - USA Prepared to Sacrifice: www.foxnews.com...
Is it possible President Biden is hurting America and Americans intentionally? He's been interacting with other countries in a myriad of ways for more than 45 years, in an official government capacity. He certainly isn't in a "learning" mode when it comes to foreign and energy policy.
President Biden has to know the actions he and his administration are taking, are damaging America, and his fellow Americans. But he just doesn't give a damn. It's all about exercising POWER.
-CareWeMust