The news seems to be shifting the blame of high gas on the oil companies

The government creates inflation. There is no other answer.

Putin, China, trump, and oil companies did not create this.

They mention anything about the politicization of "climate change?"

Or how Governors and mayors across the country, along with many businesses, decided to impose draconian lockdowns and disrupt the energy market so severely rigs and refineries were shutdown and people were laid off?

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my favorite game to play whenever someone blames it on greedy oil companies is ask why they're only greedy when Biden and Obama are in office but not the 4 years of Trump being in office. Did they just randomly become honest businessmen across the entire industry for that term?

The culture of blame and victimhood.

Never let them take your firearms. We are not "all in this together" and the system is crumbling.

What they're saying isn't wrong, it's just completely out of context.

If you leave the windows open on your car all day every day, your floorboards will rust out. But it's not the manufacturer's fault your car rusted.

Similarly, right now the oil companies and their lenders are very wary to invest the massive amounts of capital required to drill, transport, and refine oil. They saw Obama and Biden very publicly declare war on coal, then utterly smash the industry with no regard to the jobs and investors*** in that business. The oil companies and their lenders are understandably hesitant to drop billions of dollars into new projects when Biden and his coal-warriors have set their sights on the oil industry.

It would be like taking out a mortgage on a house perched on a precarious cliff. Do you want to be on the hook for that $400k note if the house falls in and there is no insurance?

I'm not defending Biden's policy. I think most of his policies have been pure hamfisted crap. But I think this is how they're trying to shift blame away from Biden's incompetence.


***investors
Here's the other thing. You hear a lot of liberals talk about "shareholder greed" and such, with the implication that the shareholders are a bunch of fat cat wallstreet types driving Bentleys and sailing yachts on the weekend fueled by the misfortune of average joes.

This is far from the truth. The vast majority of shares are held by pension funds, insurance companies, 401k funds, retirement funds, etc... These investments may be managed by some fat cat in a Bentley, but the underlying money is average joes like you and me. Our 401k's and pensions.

quote:

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There are a lot of reasons and contributing factors for high gas prices, but Biden isn’t one of them.

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quote:

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There are a lot of reasons and contributing factors for high gas prices, but Biden isn’t one of them.

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Let me guess....war?

Let's see....last time this happened, Putin took Crimea. Wanna guess who was in the White House back then determining Foreign Policy?

You won't like the answer.

Energy Policy? That's a direct effect of the administration who makes those policies. Not sure if you're aware of this but that would be Biden's administration.


I know Biden doesn't set the prices for Hot Dogs but he sure as frick took the credit for it last year.

you’re lying. he campaigned on it. did he not?