Biden gas prices $3->$4->$5->$6?

Trapper Gus wrote:

PennSpartan wrote:
So you think the supply is low?  How many gas stations in Michigan have put up “out of fuel” signs?  I didn’t see the price of toilet paper double when that was in short supply two years ago.  And the stores were actually rationing it in my area.  

The data shows that supply is lower than it has been in years past.

Presumably the demand is also lower than in years past, too, as gasoline is similar to electricity in that it doesn't sit in storage for very long.

As we go into the summer months demand will increase, presumably, as it typically does.

The higher prices are not reducing demand much, yet according to the link below.

Gas Prices Not Reducing Demand

Not sure what to make of the huge profits that oil companies and gasoline companies are making other than they are price gouging because they can, not because they need to.  Gasoline is a somewhat inelastic supply & demand curve, as though there are some trips people can forgo, there are some they cannot.

Any day now one of our political representatives will showboat and say they're going to open up an investigation into price gouging at the pumps. Three months down the road nothing will have changed and he or she will miraculously say no gouging was found.

DWags wrote:There will be a line, I don't know where it is, but there will be a line in the sand.  Might be 6 dollars, might be $5.50.   But it will be somewhere that Americans start pulling in the reigns.  

It almost seems that sometimes they're a monolith and are testing our limits in some kind of social experiment.   Lets see how high we can push it before Americans say "No more".  

With the consolidation of many markets to a few huge corporations they pretty much are a monolith.

Just like baby formula.

This issue is (finally) gaining some conversations after 40 years of consolidation.

Change Anti-Trust Enforcement

Jake from State Farm wrote:

Trapper Gus wrote:

The data shows that supply is lower than it has been in years past.

Presumably the demand is also lower than in years past, too, as gasoline is similar to electricity in that it doesn't sit in storage for very long.

As we go into the summer months demand will increase, presumably, as it typically does.

The higher prices are not reducing demand much, yet according to the link below.

Gas Prices Not Reducing Demand

Not sure what to make of the huge profits that oil companies and gasoline companies are making other than they are price gouging because they can, not because they need to.  Gasoline is a somewhat inelastic supply & demand curve, as though there are some trips people can forgo, there are some they cannot.

Any day now one of our political representatives will showboat and say they're going to open up an investigation into price gouging at the pumps. Three months down the road nothing will have changed and he or she will miraculously say no gouging was found.

President Biden Orders Gas Price Investigation - November 2021

AvgMSUJoe wrote:So, a work guy said today as we where talking about gas prices, "I knew it was going to get bad when Biden canceled all domestic drilling"... what in the ever loving fuck is this moron talking about? What shitty news outlet is feeding him this crap? And how dumb is this guy to think any gov official would even dream of that?

Republican Gas Buddy is where he got his news.

Remember, there is no nuance with with Republicans.

Any gun control equates to taking our guns.

Pro choice equates to murdering children.

Actual murder of children is not a gun problem.

Shutting down Arctic drilling equates to shutting down all drilling.

Simple minds only understand simple math.

Motown Spartan wrote:Remember, there is no nuance with with Republicans.

Any gun control equates to taking our guns.

Pro choice equates to murdering children.

Actual murder of children is not a gun problem.

Shutting down Arctic drilling equates to shutting down all drilling.  

Simple minds only understand simple math.

I would say the "nuance problem" exists as much on the left as the right.

As the only Republican that posts here, let me comment:

I don't believe that any gun control = taking guns.  Most of my conservative and/or Republican friends don't think that either.    Do some issue that comment?   Yes.   But then again a left wing poster on this board said that Republicans cheered the recent murder of children in Texas.

Pro-choice does mean you are okay with abortion which if you believe an unborn child is still a child is the death of a child.    Yet on the left we have those who state that any restriction on abortion is misogyny .  

Yes there are those on the right who would say that tragedies like the recent one in TX are not a gun problem there are equal numbers on the left who say they are only a gun problem.  

If somebody states that shutting down Artic drilling = shutting down all drilling they are either using hyperbole or badly misinformed.    Then we have those on the left failing to concede that Biden is anti-fossil fuel and that is part of the problem.

RQA wrote:

Motown Spartan wrote:Remember, there is no nuance with with Republicans.

Any gun control equates to taking our guns.

Pro choice equates to murdering children.

Actual murder of children is not a gun problem.

Shutting down Arctic drilling equates to shutting down all drilling.  

Simple minds only understand simple math.

I would say the "nuance problem" exists as much on the left as the right.

As the only Republican that posts here, let me comment:

I don't believe that any gun control = taking guns.  Most of my conservative and/or Republican friends don't think that either.    Do some issue that comment?   Yes.   But then again a left wing poster on this board said that Republicans cheered the recent murder of children in Texas.

Pro-choice does mean you are okay with abortion which if you believe an unborn child is still a child is the death of a child.    Yet on the left we have those who state that any restriction on abortion is misogyny .  

Yes there are those on the right who would say that tragedies like the recent one in TX are not a gun problem there are equal numbers on the left who say they are only a gun problem.  

If somebody states that shutting down Artic drilling = shutting down all drilling they are either using hyperbole or badly misinformed.    Then we have those on the left failing to concede that Biden is anti-fossil fuel and that is part of the problem.

You are not the only Republician who posts here - the others are just more fact based.

As I remember you said you were in favor of repealing the 2nd. How that isn't "taking guns" you need to explain.

Being "okay" with abortion is not at all the same thing as being prochoice. Prochoice is saying that you agree it is a private choice, based on the RIGHT TO PRIVIACY. If you don't support prochoice, an extreme interpretation of your position is that you believe that the government must control every private choice you make.

The data shows that if guns are controlled the number of deaths from guns are reduced. If you do not support gun control you support the murder of children via guns, which are, right now the highest cause of death for children.

Biden didn't shut down the drilling, Trump, and the bankers shut that down in 2017

Price of a barrel of oil is cheaper now than March?

aualum06 wrote:Price of a barrel of oil is cheaper now than March?

The supply and price of oil is controlled by those who own it.

Not by supply and demand.

Trapper Gus wrote:

aualum06 wrote:Price of a barrel of oil is cheaper now than March?

The supply and price of oil is controlled by those who own it.

Not by supply and demand.

And they are controlling the money that is rolling in

aualum06 wrote:

Trapper Gus wrote:

The supply and price of oil is controlled by those who own it.

Not by supply and demand.

And they are controlling the money that is rolling in

Yes!

and raising the prices.

Trapper Gus wrote:

aualum06 wrote:

And they are controlling the money that is rolling in

Yes!

and raising the prices.

And controlling even .more money

Pervis Muldoon wrote:

You are constantly posting weird, negative thoughts about liberals.  

Then stop being so weird and negative.

Trapper Gus wrote:

You are not the only Republician who posts here

Name another one.

RQA wrote:

Trapper Gus wrote:

You are not the only Republician who posts here

Name another one.

I used to be until the party went batshit fucking crazy.

Some aren’t “Republicans”.  
They call themselves “conservatives” that want government out of their lives unless it’s them getting Federal loans during a pandemic; money to rebuild after hurricanes;  wanting vouchers for private schools; telling women they aren’t smart enough to make decisions on their own.

Their grasp on economics is limited to what Sean Hannity and his guests like Larry Kudlow tell them so it’s makes sense they think a US President with 22 months in office should have expanded US refinery capacity.  Never mind it’s a 5-7 year project to build a refinery and everyone wants one near their home.

*bump*

Title of the OP corrected to reflect the reality of Biden gas prices.

RQA wrote:*bump*

Title of the OP corrected to reflect the reality of Biden gas prices.

You need to switch out "Biden" with "Trump & Reagan" since Trump & Reagan were the guys in office when the policies which caused this were put in place.

Trapper, I'm still waiting for your list of other Republican posters as I asked you in post #420.

RQA wrote:Trapper, I'm still waiting for your list of other Republican posters as I asked you in post #420.  

You better buy yourself a gravesite and arrange your funeral for your wait.

edit - meanwhile, while you wait you can correct the thread title to read "Reagan & Trump Policies Cause "Biden" gas prices $3->$4->$5->$6?"

Trapper Gus wrote:

You need to switch out "Biden" with "Trump & Reagan" since Trump & Reagan were the guys in office when the policies which caused this were put in place.

Gas was $2.39/gallon when Biden took office.

Now that gas is approaching $6/gallon, who does Trapper blame? A guy that has been dead for over 20 years. (sorry Pervis, couldn't be helped)

RQA wrote:

Trapper Gus wrote:

You need to switch out "Biden" with "Trump & Reagan" since Trump & Reagan were the guys in office when the policies which caused this were put in place.

Gas was $2.39/gallon when Biden took office.

Now that gas is approaching $6/gallon, who does Trapper blame?   A guy that has been dead for over 20 years.     (sorry Pervis, couldn't be helped)

As I have explained at least once, that is because he is the guy who changed to rules for the economy which directly lead to the destruction of any Free Market economy.

edit - also the allowing of stock buy backs broke the social compact which existed between the wealthy and the rest. and turned stock prices into a manipulated mess instead of being a measure of the worth of a going corporation.

edit - so you can correct the thread title to read "Reagan & Trump Policies Cause "Biden" gas prices $3->$4->$5->$6?"

Serious question for the Libs. Do you believe the current sitting President is responsible for anything or is it all Reagan's fault?

That’s a serious question if I’ve ever seen one

GRR Spartan wrote:
Their grasp on economics is limited to what Sean Hannity and his guests like Larry Kudlow tell them so it’s makes sense they think a US President with 22 months in office should have expanded US refinery capacity.  Never mind it’s a 5-7 year project to build a refinery and everyone wants one near their home.

We’re five years into corporate tax cuts that we were told would be used to re-invest in America

Trapper Gus wrote:
edit - so you can correct the thread title to read "Reagan & Trump Policies Cause "Biden" gas prices $3->$4->$5->$6?"

Improvements to the thread title are being considered.

Right now the leading contender is:

"A rotting corpse now > 20 years old is responsible for gas prices going from $2.39 -> 3 -> 4 -> 5 -> ?6"

kingstonlake wrote:
We’re five years into corporate tax cuts that we were told would be used to re-invest in America

Tax revenues are at record levels. If you don't like how they are being spent complain to your democrat controlled president and congress.

RQA wrote:

kingstonlake wrote:
We’re five years into corporate tax cuts that we were told would be used to re-invest in America

Tax revenues are at record levels. If you don't like how they are being spent complain to your democrat controlled president and congress.

Corporations are rolling in profits and won't stand to lose a cent of them. Raise minimum wage and instead of losing slight profits the company raises prices and that raise as an employee means nothing because you are paying more for goods. The rich get richer and the rest get fucked.

RQA wrote:

Trapper Gus wrote:
edit - so you can correct the thread title to read "Reagan & Trump Policies Cause "Biden" gas prices $3->$4->$5->$6?"

Improvements to the thread title are being considered.

Right now the leading contender is:

"A rotting corpse now > 20 years old is responsible for gas prices going from $2.39 -> 3 -> 4 -> 5 -> ?6"

''

Reagan was embalmed, his corpse isn't "rotting"

If you want that false drama it should be: ]"The Policies of a rotting corpse now > 20 years old & Trump are responsible for gas prices going from $2.39 -> 3 -> 4 -> 5 -> ?6"

RQA wrote:

kingstonlake wrote:
We’re five years into corporate tax cuts that we were told would be used to re-invest in America

Tax revenues are at record levels. If you don't like how they are being spent complain to your democrat controlled president and congress.

I keep asking them to pass the Build Back Better, so I'm on top of that.

However, corporations & the wealthy should be at least paying taxes as the same rate that the poor people making $500k a year do.

aualum06 wrote:

RQA wrote:

Tax revenues are at record levels.   If you don't like how they are being spent complain to your democrat controlled president and congress.

Corporations are rolling in profits and won't stand to lose a cent of them. Raise minimum wage and instead of losing slight profits the company raises prices and that raise as an employee means nothing because you are paying more for goods. The rich get richer and the rest get fucked.

I’d be curious to know how many refineries have been built since corporate tax cuts were signed into law. You know, stuff we were promised would be done with the billions they were given to make America great again.

Travis of the Cosmos wrote:That’s a serious question if I’ve ever seen one

These wells rejects can do better than this, right?

Other Teams Pursuing That wrote:

Travis of the Cosmos wrote:That’s a serious question if I’ve ever seen one

These wells rejects can do better than this, right?

Lemme guess....PUTIN!!!!!!