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Posted on 4/17/26 at 10:36 pm to AggieDub14
quote:
So there was this global pandemic..
the one where demand for oil was next to nothing and the supply side was high?
Posted on 4/17/26 at 11:00 pm to texag7
Poopy Pants first act was shutting down Keystone. It went downhill after that
Posted on 4/17/26 at 11:11 pm to Timeoday
quote:
A global pandemic had absolutely nothing to do with the inflation caused by Biden's administration and autopen.
So, worldwide inflation was Biden's fault?
Interesting
Posted on 4/17/26 at 11:28 pm to texag7
This is 100% true.
Biden's "stop evil oil" campaign did more damage to oil prices than the Strait of Hormuz being closed.
And it was done on purpose, with the world economy sill dependent on fossil fuels.
Of course it was going to trigger massive inflation.
And we did not even get any dead terrorists out of it. Hell we did not even get any better green energy out of it.
This current Iran operation was 100x more successful than the Biden "plan" to move to net zero and unicorn farts.
Biden's "stop evil oil" campaign did more damage to oil prices than the Strait of Hormuz being closed.
And it was done on purpose, with the world economy sill dependent on fossil fuels.
Of course it was going to trigger massive inflation.
And we did not even get any dead terrorists out of it. Hell we did not even get any better green energy out of it.
This current Iran operation was 100x more successful than the Biden "plan" to move to net zero and unicorn farts.
Posted on 4/17/26 at 11:36 pm to cadillacattack
Right…but then it’s somehow Biden’s fault when he did it, right?
Posted on 4/17/26 at 11:42 pm to Rebel
Which led to OPEC to slash oil production and US companies to close oil fields and halt investment. Production was low in 2020-2022 because no one was willing to ramp up production or invest anything when further outbreaks and shutdowns could cause a glut in oil supply. Trump literally begged the Middle East to slash production to protect US companies from falling through the floor. This led to the period where production could not keep up with demand when the world began opening back up. They were still reluctant to meet that demand. Couple that with Russia invading Ukraine, you had sky high energy prices regardless of who you had in the White House. Inflation and energy prices were high worldwide, not just the US.
Posted on 4/17/26 at 11:43 pm to CastleBravo
“Stop evil oil”? His administration oversaw the highest levels of oil production in our history up to that point.
This post was edited on 4/17/26 at 11:44 pm
Posted on 4/17/26 at 11:57 pm to Deplorableinohio
quote:
Deplorableinohio
Biden didn’t force the Fed to do anything. The Fed is just another branch of the demorat party, so they will do what’s in the best interests of the demorat party.
Powell claimed the inflation was transitory. And kept claiming that the inflation was transitory. And kept claiming that it was transitory. All the while, he avoided raising interest rates before the November elections.
A week after he got nominated for reappointment by Biden for another term, he said the inflation was worse than transitory and raised the interest rates.
He absolutely was manipulated.
Posted on 4/18/26 at 12:00 am to uziyourillusion
quote:
“Stop evil oil”? His administration oversaw the highest levels of oil production in our history up to that point.
Do you want to list our the Obama/Biden oil policies?
All of the policies are anti-fossil fuel.
Who the frick is against pipelines? Every fricking one of us use pipelines into our homes and apartments daily. The alternative is trucking and delivery (which is way worse for costs and the environment).
Biden encouraged oil extraction in response to 9% inflation. He was that desperate. And the climate extremists shut up because they realize that to avoid fossil fuels is to forfeit a progressing civilization.
Posted on 4/18/26 at 12:05 am to uziyourillusion
quote:
uziyourillusion
Lmao, let’s just ignore the $8 trillion Trump spent right before Biden took office. Or the fact he pressured OPEC to slash oil production because US oil companies couldn’t survive rock bottom oil prices caused by collapsed demand because of the pandemic.
Trump spent too much. But that was pre-vaccine. Before the world was open for production and business. Biden spent money because he didn't want to be outspent by Trump. In Democrat land, he who spends more cares more.
And you know nothing about OPEC. Trump opened up the US oil production. OPEC opened up their production capacity in response. OPEC was trying to punish US oil companies. And low oil costs were one of the factors for Trump's gangbuster economy. 4D Chess.
Oil production was cut back because demand shut off with Covid and it was cheaper to pay people to take the oil than to store it with such low demand.
Posted on 4/18/26 at 12:17 am to meansonny
The data is publicly available, the largest increase in US oil production in recent years by far happened under Obama, nearly doubling from 2009-2017. The streak continued into Trump’s first couple years, just like job growth did, and of course, Trumpanzees claimed full credit.
LINK
As for OPEC, you can do a simple google search. He made a deal with OPEC to have them slash oil production in 2020 to cut oil supply. It’s a verifiable fact.
LINK
As for OPEC, you can do a simple google search. He made a deal with OPEC to have them slash oil production in 2020 to cut oil supply. It’s a verifiable fact.
This post was edited on 4/18/26 at 12:21 am
Posted on 4/18/26 at 5:50 am to AggieDub14
quote:
So there was this global pandemic...
I love how I get called out for trolling but this intellectual dishonesty is completely accepted.
Gas prices were still lower than Biden and Obama.
That's just fact Jack.
Posted on 4/18/26 at 5:57 am to meansonny
quote:
Biden printed money while the world was shut down.
That was Trump.
And Trump made the 2020 deal with the Saudis and Russia to do the largest production restriction in history to drive up global oil prices.
That was the cause of the inflation.
It’s sometimes like yall all have the same head injury.
Posted on 4/18/26 at 5:58 am to uziyourillusion
quote:
The data is publicly available, the largest increase in US oil production in recent years by far happened under Obama, nearly doubling from 2009-2017.
What you posted shows a bigger growth from 17 to now than 09-17.
Idiot
Posted on 4/18/26 at 6:13 am to Augustus516
quote:
Copium is one helluva drug
So is denial
Posted on 4/18/26 at 7:01 am to AggieDub14
quote:
So there was this global pandemic... I love how I get called out for trolling but this intellectual dishonesty is completely accepted.
Gas prices tanked in March 2020 to less than $1 a gallon ($19 a barrel) due to the loss of demand. No one was driving/flying. That was because of the pandemic.
Posted on 4/18/26 at 7:01 am to texag7
Tell that to a dumbass DemoRat! They'll only laugh it off, just like they keep talking about Trump isn't fit for office...but Sleepy Joe was? C'mon man...the voters aren't stupid! But then again, there's lots of stupid voters out there that put Biden in, Mamdummy in, and the albino bitch in Virginia, Spanberger got in due to ignorance.
Posted on 4/18/26 at 7:26 am to AggieDub14
Go check the new q thread, they believe JFK Jr is alive. That’s who you’re dealing with.
Posted on 4/18/26 at 7:29 am to meansonny
quote:
Going to war literally was less damaging than Biden's admin
2 things can both be bad
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