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“But the President doesn’t control gas prices”

Posted on 11/9/21 at 7:30 am
Posted by thebigmuffaletta
Member since Aug 2017
15705 posts
Posted on 11/9/21 at 7:30 am
This is the excuse progstains give when someone points out skyrocketing gas prices.

If the President doesn’t have any effect on gas prices then why is Brandon begging OPEC to produce more to bring down prices?

It seems to me that if the President can effect the price of gas by encouraging more drilling then he certainly has some level of control over the price of gas.
Posted by Chazreinhold
Utah
Member since Oct 2020
7469 posts
Posted on 11/9/21 at 7:33 am to
He signed EO's to stop new leases on drilling and exploration the first day he was INSTALLED.
These people are either dumb or lying. I think it's both. IMO,2/3 of the Country knows this argument is false, LGB Chants all over the world prove that.
This post was edited on 11/9/21 at 7:34 am
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
90338 posts
Posted on 11/9/21 at 7:35 am to
BREAKING: Presidents do not control gasoline prices

— Stephanie Ruhle (@SRuhle) November 9, 2021

Replying to @SRuhle
Yes, government energy policy has no effect on gasoline prices. Good take, Stephanie.

@CurtisHouck
The simping for the administration is just off the charts. Watch Klain RT this one too. LINK

@B_BNKS
BREAKING: Stephanie Ruhle runs interference for Brandon.

@michelepexner
Our current President shut down an American pipeline (let Russia build one), banned drilling on public lands, increased regulations, and then begged OPEC to produce more oil (which they haven’t). He launched a war against American energy and asked foreign nations to bail us out. LINK
Posted by jonnyanony
Member since Nov 2020
15211 posts
Posted on 11/9/21 at 7:39 am to
quote:


If the President doesn’t have any effect on gas prices then why is Brandon begging OPEC to produce more to bring down prices?


On the one hand ... let's go Brandon.

On the other hand, every president since Reagan has done exactly this.

Downvoters: Google "[president name] asks OPEC to produce more," it will open your eyes
This post was edited on 11/9/21 at 7:46 am
Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 11/9/21 at 7:40 am to
quote:

Our current President shut down an American pipeline


I heard one day that some Governors with Keystone wanted it shut down too. Don't know much about that, but that was used as a reason why it's not Brandon's fault.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11958 posts
Posted on 11/9/21 at 7:41 am to
What would the domestic rig count look like if he hadn’t inked those EOs in your estimation?
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
108932 posts
Posted on 11/9/21 at 7:41 am to
He shut down a pipeline project

He shut down federal drilling leases

Regulations made by agencies under the presidents control has made it near impossible to build new refineries.

Did he shut down exporting of US exporting?

They affect a lot of things.

Their agenda and policy is affecting the supply chain right now. Look at the price of vehicles used and new.

Inflation is skyrocketing because presidents push through these huge spending packages that doesn’t benefit Americans at all.
This post was edited on 11/9/21 at 7:44 am
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 11/9/21 at 7:42 am to
Except go back and read articles from CNN during Trump exclaiming how increasing gas prices are burdening the middle class and what Trump can do to help it.
Posted by fjlee90
Baton Rouge
Member since Nov 2016
8521 posts
Posted on 11/9/21 at 7:42 am to
Interesting.

Does he control energy policy?

I'll hang up an listen.

Posted by hubertcumberdale
Member since Nov 2009
7203 posts
Posted on 11/9/21 at 7:45 am to
quote:

This is the excuse progstains give when someone points out skyrocketing gas prices.

If the President doesn’t have any effect on gas prices then why is Brandon begging OPEC to produce more to bring down prices?

It seems to me that if the President can effect the price of gas by encouraging more drilling then he certainly has some level of control over the price of gas.



For one, Wall Street and other lenders have all but abandoned the oil and gas industry, restricting lending to these industries bc they lost so much money the last 6+ years and mounting ESG concerns. The lack of reinvestment into the industry has caused demand to outstrip supply.

The president does not lend money to oil companies. I guess he could, but seems like most people on this board would be AGAISNT the govt taking over the American petroleum industry
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
82203 posts
Posted on 11/9/21 at 7:49 am to
The Biden admin. talks tough on budget, climate, and OPEC, but it is being publicly humiliated daily


quote:

The Biden admin. talks tough on budget, climate, and OPEC, but it is being publicly humiliated daily

“Saudi Arabia & OPEC not only refused to boost output but declined to make even a token gesture to placate Washington. It was nothing but a flat-out no”

“Now, Biden has to match words with action or risk looking impotent… the biggest problem is that his administration’s public diplomacy failed to move OPEC, underlining the limits of its influence with a group that once used to pay close attention to what Washington had to say.”

There are short term fixes but the only real solution is to increase US oil and gas production. The problem with both short and long term fixes is that they further expose the fraudulence of the administration’s supposed commitment to climate action, particularly electric cars

The official position of Democrats, Biden admin, NYT/WaPo/media is that electric vehicles are ready to replace petroleum-powered ones, they just need some charging stations. But that’s absurd. Our transportation infrastructure will remain dependent on petroleum for decades.

Posted by 20 ton
BR
Member since Aug 2013
948 posts
Posted on 11/9/21 at 7:49 am to
His policies have also made it tougher to get capital for drilling. Why invest in an industry the government is trying to shut down when we can make a fortune in green subsidies.

The Dems are picking the winners and losers.
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
90338 posts
Posted on 11/9/21 at 7:50 am to
House Democrats want curbs on big-bank lending to fossil-fuel industry

Naw but his buddies sure want to.

The measure, the Fossil Free Finance Act, would direct the Federal Reserve to use its financial regulatory tools to ensure that the largest banks reduce their lending to the oil, gas and coal sectors.

“In just the last five years after the Paris Climate Agreement was signed, big banks have invested nearly $4 trillion in emissions financing, This flow of money exposes our financial system, our economy, our communities and our planet to astronomically high levels of climate risk,” said Rep. Mondaire Jones, a freshman Democrat from New York, at a press event introducing the legislation.

The measure would prohibit big banks from investing in new or expanded fossil fuel projects after 2022. Financing of coal projects would stop after 2024 and financing of all fossil fuel projects would follow by 2030. LINK
Posted by WildManGoose
Member since Nov 2005
4607 posts
Posted on 11/9/21 at 7:50 am to
too low
quote:

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support
How many have told OPEC+ to cut production because prices were too low?
Posted by jonnyanony
Member since Nov 2020
15211 posts
Posted on 11/9/21 at 7:51 am to
Bruh:

LINK
This is bigger than any one president. It's a systemic problem
This post was edited on 11/9/21 at 7:53 am
Posted by Vacherie Saint
Member since Aug 2015
47530 posts
Posted on 11/9/21 at 7:52 am to
quote:

If the President doesn’t have any effect on gas prices then why is Brandon begging OPEC to produce more to bring down prices?
Why is Brandon shutting down O&G operations both on and off shore domestically, only to beg the sheiks to produce more abroad?

Explain this stupid bullshite liberals

ETA: He also said another 18 cents savings on every gallon of gas wasnt worth the trouble, but bragged about a 4th of July BBQ costing 16 cents less this year over last.

Admit it. The POTUS is retarded
This post was edited on 11/9/21 at 7:55 am
Posted by Chimlim
Baton Rouge, LA
Member since Jul 2005
17773 posts
Posted on 11/9/21 at 7:54 am to
quote:

This is the excuse progstains give when someone points out skyrocketing gas prices.


Then I guess the timing is just a big coincidence, because gas prices sky rocketed almost the minute Biden was sworn in.
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
108932 posts
Posted on 11/9/21 at 7:54 am to
Presidents can affect banking practices
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
108932 posts
Posted on 11/9/21 at 7:57 am to
quote:

This is bigger than any one president.


Lol, just a huge coincidence that it is skyrocketing under Biden administration
Posted by SCLibertarian
Conway, South Carolina
Member since Aug 2013
42020 posts
Posted on 11/9/21 at 8:00 am to
They blamed Trump for every Covid death, as if a President can control a pandemic. These people are scum.
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