caryking said:

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Be careful werewolf, Hokie will think you are a propagandist!!!

Sorry Hokie, I had to say it…

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No worries, but this still isn't some sort of bombshell. This has all been known in the past.

flylike44 said:

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$60 to fill up a VW sedan today. Thank a Biden voter. Oil was around $50 when he took over. It was tickling triple digits BEFORE this Ukraine debacle so don't even try to blame this on anything other than his policies. Thing is, this shouldn't be a surprise based on the Dems' infatuation with destroying the oil/gas industry. If you voted for Biden, you deserve to be materially harmed by these policies because you voted for them eyes wide open.

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Filled up at Exxon in Edenton for 84 at lunch today

flylike44 said:

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cowboypack02 said:

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flylike44 said:

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$60 to fill up a VW sedan today. Thank a Biden voter. Oil was around $50 when he took over. It was tickling triple digits BEFORE this Ukraine debacle so don't even try to blame this on anything other than his policies. Thing is, this shouldn't be a surprise based on the Dems' infatuation with destroying the oil/gas industry. If you voted for Biden, you deserve to be materially harmed by these policies because you voted for them eyes wide open.

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Filled up at Exxon in Edenton for 84 at lunch today

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Wow…The push is on to blame gas prices and inflation on Putin. Don't believe the hype. The blame lies at the feet of Joe Biden and his supporters.

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Why?

Are you saying we shouldn't ban Russian oil and gas imports?

Or that banning Russian oil and gas hasn't impacted pricing significantly?

What specifically have "Biden and his supporters" done to impact short-term domestic supply of oil and gas?

cowboypack02 said:

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Civilized said:

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flylike44 said:

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cowboypack02 said:

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flylike44 said:

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$60 to fill up a VW sedan today. Thank a Biden voter. Oil was around $50 when he took over. It was tickling triple digits BEFORE this Ukraine debacle so don't even try to blame this on anything other than his policies. Thing is, this shouldn't be a surprise based on the Dems' infatuation with destroying the oil/gas industry. If you voted for Biden, you deserve to be materially harmed by these policies because you voted for them eyes wide open.

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Filled up at Exxon in Edenton for 84 at lunch today

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Wow…The push is on to blame gas prices and inflation on Putin. Don't believe the hype. The blame lies at the feet of Joe Biden and his supporters.

---

Why?

Are you saying we shouldn't ban Russian oil and gas imports?

Or that banning Russian oil and gas hasn't impacted pricing significantly?

What specifically have "Biden and his supporters" done to impact short-term domestic supply of oil and gas?

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in January 2021 when Biden was inaugurated the cost of gas was 2.42 on average in the US. Today it's 4.31 per gallon. The week before Russia went into Ukraine the average gallon of gas in the US cost 3.53.


I would buy the argument that the cost of gas going up .80 per gallon in the last month could be attributed to the the Russian invasion of Ukraine. But that still leaves gas at 1.11 higher on average when Biden because president.

I would also argue that the Biden administration policy against fossil fuels like gas and oil, along with the push to force the country to renewable resources (Psaki's words, not mine) play a huge role in the price of gas in the last year.

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These are all general correlations and talking points, not actual causations.

This is supply and demand.

US crude supply dropped from 13,100 barrels a day in February 2020 to 9,700 mil barrels a day five months later, all before Biden was president. Gas prices remained low at that time because demand also remained low due to COVID.

Now demand is back to pre-COVID levels, but short-term supply remains well short of meeting demand. We're only producing 11,600 mil barrels a day.

So again, what specifically have "Biden and his supporters" done to impact short-term domestic supply of oil and gas? Are they preventing domestic oil producers from producing more oil? If so, how?

Biden has taken the following actions

• Cancelling the KeystoneXL pipeline
• Suspense of oil and gas leasing
• Denying tax deductions to oil and gas companies
• not maintaining shipping lanes for oil and gas in the US
• Not allowing oil companies to write off money spent to correct for natural resource damages
• Removed tax credits to oil and gas companies
• decommissioning and removing all oil rigs off of the southern california coast
• Shutting down oil and gas on public lands
• Banned leasing for oil and gas on public lands going forward.

Cannot remind some of these guys enough.........and probably still won't make a difference with their heads buried in denial and pride.

Had an old high school classmate retort to another who'd posted on FB about prices.........he asked were we also going to blame UK $8 Plus prices on Biden........conveniently not considering items so well documented by the cowpoke.

Werewolf said:

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Biden has taken the following actions

• Cancelling the KeystoneXL pipeline
• Suspense of oil and gas leasing
• Denying tax deductions to oil and gas companies
• not maintaining shipping lanes for oil and gas in the US
• Not allowing oil companies to write off money spent to correct for natural resource damages
• Removed tax credits to oil and gas companies
• decommissioning and removing all oil rigs off of the southern california coast
• Shutting down oil and gas on public lands
• Banned leasing for oil and gas on public lands going forward.

Cannot remind some of these guys enough.........and probably still won't make a difference with their heads buried in denial and pride.

Had an old high school classmate retort to another who'd posted on FB about prices.........he asked were we also going to blame UK $8 Plus prices on Biden........conveniently not considering items so well documented by the cowpoke.

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Having this conversation with other folks is interesting. For instance my father-in-law is very liberal and his argument wasn't about what actually drives up the cost but more along the lines of "gas prices have always been like this in Europe and we should be paying the same cost"

That's because the Euro has been inflating faster than the Dollar, with their insane whole-country bailouts (think Greece) Now we're catching up. Things don't cost more, the dollar purchases less and that's the part that too many people like Rashida Tlaib and her ridiculous corporate price gouging explanation, just don't get. In her case, it's probably willful ignorance.

cowboypack02 said:

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Werewolf said:

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Biden has taken the following actions

• Cancelling the KeystoneXL pipeline
• Suspense of oil and gas leasing
• Denying tax deductions to oil and gas companies
• not maintaining shipping lanes for oil and gas in the US
• Not allowing oil companies to write off money spent to correct for natural resource damages
• Removed tax credits to oil and gas companies
• decommissioning and removing all oil rigs off of the southern california coast
• Shutting down oil and gas on public lands
• Banned leasing for oil and gas on public lands going forward.

Cannot remind some of these guys enough.........and probably still won't make a difference with their heads buried in denial and pride.

Had an old high school classmate retort to another who'd posted on FB about prices.........he asked were we also going to blame UK $8 Plus prices on Biden........conveniently not considering items so well documented by the cowpoke.

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Having this conversation with other folks is interesting. For instance my father-in-law is very liberal and his argument wasn't about what actually drives up the cost but more along the lines of "gas prices have always been like this in Europe and we should be paying the same cost"

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Fighting for our freedom and Liberty ....with every ounce we can....about 33% of us are awake, another 50% know something is gravely wrong but are unable to connect the dots and then we have the 17% in utter denial.

Biden and his administration should squeeze the saudis...dont sell them another damn gun until they pump more oil.

State of our ecomony right now. Inflation is costing the average US household almost 300 dollars per month more than it was a year ago

https://nypost.com/2022/03/10/inflation-costs-average-us-household-296-more-per-month/?utm_medium=SocialFlow&utm_campaign=SocialFlow&utm_source=NYPTwitter

https://rumble.com/vx10wh-clif-high-310-khazarian-mafia-biolabs-w-patel-patriot.-thx-to-juan-osavin-g.html
Expand your thinking, What's going on is much bigger than most are able to come to terms with right now but here goes anyway. Not say this is 100% true although much of it I believe is likely.

From thegatewaypundit.com:

The Director of the Information and Press Department of the Ministry of Foreign Affairs of the Russian Federation, Maria Vladimirovna Zakharova, told the United States on Wednesday, "We have found your biological weapons!"
"There was statement made by the Deputy Secretary of State Victoria Nuland, leave no doubt, will not give Washington to be silent this time. Their attempts, while spilling blood, to find biological and chemical weapons throughout the world. We have found your own products. We have found your biological material. As it turns out it was all happening in Ukraine," RT, Russia state-affiliated media reported.
Russia now demands the US to explain bio labs in Ukraine.
Russia accused the U.S. of violations of the 1972 Biological Weapons Convention and has covered it up.

TRENDING: Poland Calls Blinken's Bluff, Exposes Fracture in NATO Alliance
Via Chief Nerd.
This comes after State Department official Victoria Nuland admitted in her testimony on Tuesday that the US has biolabs in Ukraine.
On Tuesday, the official spokesman for the China Communist Government confronted the United States on its 336 biological labs in 30 countries around the world. According to China, there are 26 US biological labs in Ukraine alone.

Our notes: The GWP has a lot right, but is obviously unaware the Putin has already shelled and destroyed confirmed labs in Ukraine.

wolfman18 said:

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Biden and his administration should squeeze the saudis...dont sell them another damn gun until they pump more oil.

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The Saudi's are gonna start buying AK-47's from Russia instead of the M4 rifles from the US

cowboypack02 said:

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Civilized said:

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cowboypack02 said:

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Civilized said:

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flylike44 said:

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cowboypack02 said:

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flylike44 said:

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$60 to fill up a VW sedan today. Thank a Biden voter. Oil was around $50 when he took over. It was tickling triple digits BEFORE this Ukraine debacle so don't even try to blame this on anything other than his policies. Thing is, this shouldn't be a surprise based on the Dems' infatuation with destroying the oil/gas industry. If you voted for Biden, you deserve to be materially harmed by these policies because you voted for them eyes wide open.

---

Filled up at Exxon in Edenton for 84 at lunch today

---

Wow…The push is on to blame gas prices and inflation on Putin. Don't believe the hype. The blame lies at the feet of Joe Biden and his supporters.

---

Why?

Are you saying we shouldn't ban Russian oil and gas imports?

Or that banning Russian oil and gas hasn't impacted pricing significantly?

What specifically have "Biden and his supporters" done to impact short-term domestic supply of oil and gas?

---

in January 2021 when Biden was inaugurated the cost of gas was 2.42 on average in the US. Today it's 4.31 per gallon. The week before Russia went into Ukraine the average gallon of gas in the US cost 3.53.


I would buy the argument that the cost of gas going up .80 per gallon in the last month could be attributed to the the Russian invasion of Ukraine. But that still leaves gas at 1.11 higher on average when Biden because president.

I would also argue that the Biden administration policy against fossil fuels like gas and oil, along with the push to force the country to renewable resources (Psaki's words, not mine) play a huge role in the price of gas in the last year.

---

These are all general correlations and talking points, not actual causations.

This is supply and demand.

US crude supply dropped from 13,100 barrels a day in February 2020 to 9,700 mil barrels a day five months later, all before Biden was president. Gas prices remained low at that time because demand also remained low due to COVID.

Now demand is back to pre-COVID levels, but short-term supply remains well short of meeting demand. We're only producing 11,600 mil barrels a day.

So again, what specifically have "Biden and his supporters" done to impact short-term domestic supply of oil and gas? Are they preventing domestic oil producers from producing more oil? If so, how?

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Here is the average gallon cost of gas per year during Trump's presidency
2017 - 2.53
2018 - 2.81
2019 - 2.68
2020 - 2.25

Here is the average cost of gas last year during Biden's first year
2021 - 3.09

Since we now have hard data lets look at your thoughts on COVID. Lets take the entire year of 2020 out of the equation for Trump and get rid of the 2.25 per gallon in 2020. If this is the case lets go ahead and pull the first 5 months of 2021 out for Biden as well which means that the average for 2021 isn't 3.09 but it is 3.31 due to less traffic during COVID.

So now we are looking at 2.68 per gallon in 2019 vs. 3.31 per gallon in 2021. With your thoughts on COVID I think that's fair now. With this being the case lets discuss the Biden administration and his policies.

Biden has taken the following actions

• Cancelling the KeystoneXL pipeline
• Suspense of oil and gas leasing
• Denying tax deductions to oil and gas companies
• not maintaining shipping lanes for oil and gas in the US
• Not allowing oil companies to write off money spent to correct for natural resource damages
• Removed tax credits to oil and gas companies
• decommissioning and removing all oil rigs off of the southern california coast
• Shutting down oil and gas on public lands
• Banned leasing for oil and gas on public lands going forward.

Outside of all of this lets not forget the rhetoric from the Biden administration about pivoting from oil to renewable resources, even though the country doesn't have the ability to run off or renewable resources at this point.

Your next comment to me may be along the lines of "well the KeystoneXL pipeline wasn't operational yet". Oil pricing, like most other natural resources, has its pricing based on a whole lot more than just a set price. The price of a resource is greatly impacted by the direction that governments try to push their policies and with the US being one of the larger users of oil in the world and the US government being very anti oil in their policies right now it is going to drive up the cost greatly.

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The Keystone Pipeline permit had no impact on short-term supply.

Biden's move to suspend new oil and gas leasing was blocked by a federal judge last summer. That issue has no impact on short-term supply.

Biden did not "shut down oil and gas on public lands." I don't even know what this means. There are 100,000 rigs on 25 million acres of BLM-controlled land currently utilized for production.

Exxon had its most profitable quarter in 7 years last quarter. Big Oil aren't heavily subsidized agricultural producers. Changing highly preferential tax treatment doesn't all of a sudden make producing oil and gas a money-losing proposition or disincentivize production in a consequential way.

95% of California's oil federal production is on-shore, and only 10% of CA production is on federal land anyway. 90% of California's production is on non-BLM land. Meaning, a few old, leaking, and in many cases long-inactive oil rigs off the CA coast have an infinitesimally small impact on total domestic production.

This is just more conclusion-ing. You start with the conclusion Biden sucks, which is fine and in some ways true, but then you ascribe things to him that don't hold up with any sort of rational analysis.

The truth of the matter is that oil and gas production fell 25% when COVID hit, before Biden was president, and it takes much longer to ramp production back up than it does to slash production. Since August 2020 when domestic production bottomed out until today, domestic demand has far outpaced the oil and gas industry's ability to ramp up production.

Oil production has been steadily increasing throughout Biden's term.

Biden's administration granted 35% more oil and gas permits in his first year in office than Trump did in his and US production is slated to add another 2 mil barrels a day over the next year.

Blame him for dumping too much stimulus money into the economy (true) or for anything else you want to but saying his administration is directly or primarily responsible for current gas prices is incomplete at best and completely erroneous at worst.

packgrad said:

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If you keep saying the Keystone pipeline had no impact maybe someone will believe it one day.

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to be fair he said no impact on short term supply. Do I think it has an impact on oil prices? Yes because OPEC would increase production to drive down the price of oil to make it less profitable to see that pipeline through.

https://www.thegatewaypundit.com/2022/03/breaking-russia-releases-captured-documents-un-special-council-meeting-exposing-evidence-us-military-biolabs-ukraine-video/

cowboypack02 said:

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hokiewolf said:

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packgrad said:

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If you keep saying the Keystone pipeline had no impact maybe someone will believe it one day.

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to be fair he said no impact on short term supply. Do I think it has an impact on oil prices? Yes because OPEC would increase production to drive down the price of oil to make it less profitable to see that pipeline through.

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This is the point that I'm trying to get across. There isn't too much of a short term change in the supply, but when your dealing with commodities trading and speculation, which controls the price of oil, and now the government of one of the biggest consumers in the world is trying to get rid or your product of course the price is gonna skyrocket.

-I know that was a run on sentence but I couldn't figure out where to put a period at-

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I think you also need to recognize Civ's point that demand is currently out pacing supply globally, which is the biggest reason for the change in oil prices.

..

You guys are in some great company!

Fake News is alive and well. pic.twitter.com/NFXYGL4C3o

— O.J. Simpson (@TheRealOJ32) March 11, 2022

Not Biden's fault!!!

pic.twitter.com/ZyZDLk82m6

— Sheep of Wall Street (@Biohazard3737) March 11, 2022

In today's dollar, I Am Legend gas would be over $9/gal.

Steve Videtich said:

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packgrad said:

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Leftist policy is not to blame for gas prices. Leftist policy is not to blame for inflation. Leftist policy is not to blame for Russia invading Ukraine. Nothing is the result of their policy nor accentuated by their policy. Unless it is good.

Now, if an orange man were running the show, our independents would certainly know who to blame.

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Amazing how hypocrisy works isn't it?

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Blinded by the dreams of communist totalitarianism........just mention "Venezuela" and their eyes swell with pride.

hokiewolf said:

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cowboypack02 said:

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hokiewolf said:

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packgrad said:

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If you keep saying the Keystone pipeline had no impact maybe someone will believe it one day.

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to be fair he said no impact on short term supply. Do I think it has an impact on oil prices? Yes because OPEC would increase production to drive down the price of oil to make it less profitable to see that pipeline through.

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This is the point that I'm trying to get across. There isn't too much of a short term change in the supply, but when your dealing with commodities trading and speculation, which controls the price of oil, and now the government of one of the biggest consumers in the world is trying to get rid or your product of course the price is gonna skyrocket.

-I know that was a run on sentence but I couldn't figure out where to put a period at-

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I think you also need to recognize Civ's point that demand is currently out pacing supply globally, which is the biggest reason for the change in oil prices.

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That's it.

Biden's done some things (Keystone, extra stimulus) that dabble around the edges of the gas price issue but gas prices have spiked all over the world due to the same supply/demand mismatch post-COVID. And then the Russia energy boycott is throwing a gas can on the fire.

https://www.westernjournal.com/montana-takes-matters-hands-restarts-dormant-oil-wells-amid-bidens-gas-price-explosion/