re: Democrats control the House, Senate and White House...

Sure thing new douche sure thing.

When Biden killed Keystone on day 1, and shortly after put a moratorium on new oil n gas leases that signaled to the world time to bend America over again. Keeping the unemployment payments flowing, and other federal welfare programs due to covid you get a worker shortage. Companies can’t get goods to consumers so they go into back order. Throw on top higher transportation costs you have the perfect storm. Democrats typically are not very business savvy, not sure why the majority of this country voted for a man with zero real life business regimen.

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no educated rebuttal, so the "alter" card gets thrown.

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He was responding to this post from you:

"you're talking to a bunch of people who couldn't count to ten. Let them lay."

Now tell us about educated, well-thought out rebuttals.

This dork is Texdiddler.

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Klenow is a professor of Economics at Stanford University.

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Paul Krugman won a Nobel Prize for economics. He’s legit retarded.

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Wrong. The USA became a net exporter of oil in 2019 (before the pandemic, if you're keeping score at home). Simply having imports does not mean you aren't oil independent. LINK

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Your link shows that the US was a net exporter for one month. Did you read the link you provided?

The US being a net exporter for month doesn't mean it was a net exporter across the year. You can't look at one small section of time and argue that because of one month of net exportation, that means the entire year was a net exporter.

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The top oil producer and consumer exported 89,000 more barrels of crude oil and refined petroleum products a day than it imported in September, the first full month of a positive oil trade balance since the 1940s, the Energy Information Administration said Friday. Imports exceeded exports by 12m barrels a day a decade ago.

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LINK

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Throughout much of its history, the United States has imported more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it has exported. That status changed in 2020. The U.S. Energy Information Administration’s (EIA) February 2021 Short-Term Energy Outlook (STEO) estimates that 2020 marked the first year that the United States exported more petroleum than it imported on an annual basis

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The fact that you misread the FT article shows you don't know anything about what you were talking about. You were talking about being a net exporter across the year - being a net exporter for a month doesn't make a difference.

The first year that the US became a net exporter was 2020. This was because of COVID, which is why from April onwards, the US was a net exporter which overrode the first 4 months of the year.

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Wrong again. Gas prices were lower even before the pandemic. Saying this makes you look like you're simply trying to make excuses for Biden.

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Gas prices were lower before the pandemic because supply was higher. This is because refineries take time to open up.

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Wrong again. You're right that the pipeline would not have been built yet, but the clear hostility of this government towards the American oil industry has companies hesitant to invest further. No one is going to invest a ton of money and time into a project that Biden may pull out from under them at the last moment, like he did with the pipeline.

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Which will affect long-run prices, not short-run prices. Oil markets trade on the short-run, not the long-run.

Oil companies not investing takes at least a year or two for that to have an impact. You don't build a pipeline over night so cancelling projects and not building projects takes years to have an impact on supply.

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If you are involved in trading securities and bonds, then I would recommend to anyone not to deal with whatever fund you're involved in.

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You literally misread an FT article and tried to argue that a month of net exporter meant that this applied across the entire year of 2019.

And oil independence has a specific meaning. It means the US no longer has to import oil at all - you used the term incorrectly. The US still imports oil on a daily basis.

While I agree. Gop members are just as much to blame because they are in on it too.

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Wrong. In the USA it is 100% because of Biden. We were oil independent. What is happening globally should have had no effect on us whatsoever.

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Can confirm. checked.

Voting doesn't matter anymore. They will just elect themselves in.

Hey dipshit. Perhaps the pipeline that Xiden shut down (Eliminating 70,000+ jobs) didn't contribute to higher gas prices, eh?