Economy Gas Price Spike thread v3

djacobox372 said:
How in the hell does "The Don" lower prices by 50%???? The last time Trump won gas prices went up steadily until covid hit.
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With Trump fans isn't worth to talk.

Wait a bit, if Yemen rebels will increase strikes on merchant fleet ....then europe will order more crude oil from U.S and prices will rise even more.
MAGA guys will blame dems despite Donald too wasn't able to do anything with Iran nor with Housithes....

If someone wants more oil production in U.S elect Obama again. He had signed more drilling and fracking permits than Donald and Joe together...
 
SandisLL said:
With Trump fans isn't worth to talk.

Wait a bit, if Yemen rebels will increase strikes on merchant fleet ....then europe will order more crude oil from U.S and prices will rise even more.
MAGA guys will blame dems despite Donald too wasn't able to do anything with Iran nor with Housithes....

If someone wants more oil production in U.S elect Obama again. He had signed more drilling and fracking permits than Donald and Joe together...
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Didn't Biden's senile ass retract all of the permits Trump signed?
 
helltoupee said:
What did Trump do specifically to lower gas prices? Please list his policies and how they affected the price of gas.

All you've proven is that people are mostly idiots. Gas is a commodity traded on the international stage, it's prices rising or falling are not magically connected to any one man taking office as potus.
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How much an impact all his policies have ? Not sure but increasing supply and tax cuts helps.

1. Expanding offshore drilling: Trump sought to expand offshore drilling in areas previously off-limits to oil exploration, including the Atlantic and Arctic Oceans. The goal was to increase domestic oil production and reduce reliance on foreign oil.

2. Decreasing regulations: The Trump administration aimed to reduce regulations on the oil and gas industry, arguing that excessive regulations hindered production and increased costs. This included rolling back certain environmental regulations and streamlining the permitting process for oil and gas projects.

3. Reviving the Keystone XL pipeline: Trump supported the construction of the Keystone XL pipeline, which would transport oil from Canada to the United States. The pipeline was expected to increase oil supply, the strategic planning helps speculation and investments.

4. Tax cuts for the oil industry: The Trump administration implemented tax cuts, including reducing the corporate tax rate, which benefited the oil and gas industry. Lower taxes can incentivize investment and production, potentially leading to increased oil supply.
 
ShadowRun said:
How much an impact all his policies have ? Not sure but increasing supply and tax cuts helps.

1. Expanding offshore drilling: Trump sought to expand offshore drilling in areas previously off-limits to oil exploration, including the Atlantic and Arctic Oceans. The goal was to increase domestic oil production and reduce reliance on foreign oil.

2. Decreasing regulations: The Trump administration aimed to reduce regulations on the oil and gas industry, arguing that excessive regulations hindered production and increased costs. This included rolling back certain environmental regulations and streamlining the permitting process for oil and gas projects.

3. Reviving the Keystone XL pipeline: Trump supported the construction of the Keystone XL pipeline, which would transport oil from Canada to the United States. The pipeline was expected to increase oil supply, the strategic planning helps speculation and investments.

4. Tax cuts for the oil industry: The Trump administration implemented tax cuts, including reducing the corporate tax rate, which benefited the oil and gas industry. Lower taxes can incentivize investment and production, potentially leading to increased oil supply.
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About Keystone in Canada against were climate activists. Their PM Justin looks that wasn't interest to lock them in prisons....

Ofc Biden too AFAIK was passive...mode...
 
ShadowRun said:
Yea ..
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There is also one another big " nuance " : Canada does have gigantic potential further to build new hydroelectric power plants and seriously expand mining industry and they doss have natural gas, crude oil, uranium, rare earth metals, gold, platinum, coal etc etc... even more different kind of stuff than I had mentioned. Canada actually does have just a bit little lesser potential than Russia to provide mining industry production and even not all potential is discovered....

While greens wants that Canada will develop only solar and wind energy .....

In fear that Canadian government and/ or electorate ( voters ) might turn into pro China mode...U.S can't pressure them too much.....
 
SandisLL said:
With Trump fans isn't worth to talk.

Wait a bit, if Yemen rebels will increase strikes on merchant fleet ....then europe will order more crude oil from U.S and prices will rise even more.
MAGA guys will blame dems despite Donald too wasn't able to do anything with Iran nor with Housithes....

If someone wants more oil production in U.S elect Obama again. He had signed more drilling and fracking permits than Donald and Joe together...
Click to expand...
Barry's been calling the shots for the last three years.........
 
emefer said:
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nate-diaz.gif


I doubt even the people pretending it was all due to Biden's spending are surprised by this.
 
KaNesDeath said:
Thats why its a weak talking point. Trumps punditry wing constantly does an excellent job at convincing his voters to view topics on feelings they generate.
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You are out of touch with reality, and that is because Satan is your daddy.
 
jefferz said:
It’s always fun to go into threads like this and see the people that are anti-electric cars, bitch about the price of fuel changing.

When was the last time your electrical rates changed?
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Lol, what?

Every year. And service charges go up as well.

I’m not anti-electric, have a Rivian R1S sitting in the garage.
 
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