Hey biden voters. Do you really believe “it’s all Putins fault” for inflation and gas prices? Really?

[Pterodon]

What was his excuse before?

[DaveJord]

No, there are many factors involve when comes to inflation... interest rates have been at all times lows for years... going all the way back to Obama and through Trump. Many of these things take decades before taking root. But you can never point to one factor and say that is the cause because there is an accumulative effect over a longer period of time.

The job market is at all time high, so many people have jobs and money and are spending it, COVID disturbed trade, housing market is all time high, construction is a low, interest rates, minimum hikes, government spending has been out of control since Clinton, foreign governments manipulation of their currency, Russia defaulting their loans, market speculation, gas and oil prices I mean the list keeps on going.

I mean honestly the only way to put it all back into balance would require measures that would really put the hurt on people, and it would be political suicide for any one politician to do.

[lightbulb27]

didn't vote for him, I wonder if you'll find anyone who sayd they did:)?

no it's not Putins fault, but what is coming up largely is.. starvation:) And it's going to suck terribly.

It's some combination of endless money printing, policy shift around oil... raising oil prices and thus the costs of everything, covid impact to economy... money printing, and putin's invasion. Home prices were nuts before biden and putin as was inflation, it was just masked.

I'd say by % blame, most of it is on the police shift around energy that lit the molatve cocktail of inflation.

[Anonymous]

No. The war is exacerbating the problem but didn’t cause it. Rapid economic growth coupled with the supply chain issues is probably the main culprit. Plus, the labor shortage has resulted in higher wages which is driving it too. Gas prices will remain high until the worlds oil producers ramp up production. It’s that simple. Government could help here by easing regulations but most of this is outside the US government’s control.

[Pterodon]

Not worlds. Us domestic production that your president shut down. We were 100% energy independent under Trump and your piece of shit biden stopped that

[Opinion Owner]

I didn’t vote for Biden so I have about as much ownership of him as you do. However, you do realize that oil is a global market and we don’t live in a bubble right? It’s why global supply and geopolitics effects the price here and we have no control over those factors. Yes, we were briefly energy independent under Trump but that had little to do with the government. The pandemic bankrupted many smaller gas and oil companies and the major producers have yet to pick up the slack. Plus you have Wall St. pressuring them to maintain the status quo because investors are making huge profits. This isn’t a simple issue and there is no quick fix. If you want to discuss the issue rationally, I’m game. If this is just a mindless “blame Biden” thread, then I’ll move on to more serious conversations.

[Pterodon]

Wrong. Oil was domestic under Trump. Your president shut that down then went to Russia to make up the difference. No your president is going to Venezuela instead of Texas, Oklahoma and Louisiana

[Pterodon]

Pandemic had nothing to do with it. Biden shut down domestic production just as he promised he would during the DNC debates

[Opinion Owner]

Ok…you don’t even understand the issue here. Moving on.

[Pterodon]

We have plenty of oil and are perfectly capable of meeting our own energy needs ourselves but your president will not allow it to happen

[Pterodon]

I fully understand it I’m in an oil producing state and work for ConocoPhillips

[Pterodon]

Shut you up

[Opinion Owner]

In that oil producing state, did they teach you that oil is sold on a global market? So changes in global supply and demand affect the price for everyone? The oil industry also isn’t nationalized in the U. S. Oil companies don’t need government permission to increase production. Being ignorant may be fun for you but it makes you irrelevant. Bye now.

[Pterodon]

It doesn’t have to be a global market and wasn’t under Trump

[Pterodon]

It takes money to drill and get leases. Your president has made it impossible for oil companies to get money to drill. Your president isn’t telling you that part

[Pterodon]

The more you talk the less it shows you know

[Opinion Owner]

The school system has really failed us as a nation.

[Pterodon]

Yes while kids in China are learning advanced math kids in Jersey are learning just because you have boy part doesn’t mean you’re a boy

[Opinion Owner]

It’s impossible for the oil companies to get money under Biden? The top 25 US gas and oil companies posted $237 billion in profits last year. Yep….. that’s practically poverty level. They’re also sitting on thousands of unused drilling leases that they’re deliberately not using. Do you have to work at being a dimwit or does it come naturally? Asking for a friend.

[lightbulb27]

you both may have a point.
www.eia.gov/.../LeafHandler.ashx

[Pterodon]

Yes it is impossible for them to get money under biden. They also had net losses the previous year

[Opinion Owner]

They haven’t lost money yet under Biden. They had net losses the previous year due to the pandemic when global demand bottomed out. That was one year out of decades of massive profit. Big oil isn’t hurting. I’ll wager they rake in record profits this year under Biden. Wanna take that bet? 2020 also had nothing to do with government and Biden wasn’t president yet. Let’s talk about energy independence too. That didn’t mean we weren’t reliant on foreign oil. It meant our nation produced more energy than it consumed. However, oil is a global market. US oil was still being exported to foreign buyers and we were still importing. We still imported over 9 million barrels of oil a day during that one year of “energy independence”. How you think we live in a domestic only market is baffling because that alternate reality only exist in your head. Take some time and learn what you’re talking about, so you don’t look foolish. I feel like I’m arguing with a 12 year old who thinks he’s smarter than his parents but painfully is not.

[Pterodon]

Biden has made it more difficult for them to drill. Why can’t you accept that

[Opinion Owner]

How has he done that exactly? Keep in mind that domestic oil producers are saying they’ll have production up to 2019 levels by the end of the year. Let’s see what kind of answer you can make up here.

[Pterodon]

He’s gone after banks and lenders

[Pterodon]

He also suspended drilling on federal lands

[Pterodon]

Why are you defending biden

[Opinion Owner]

I don’t care about Biden per se but these misconceptions you believe in don’t serve the public interest very well. Being uninformed puts you at a disadvantage. How has he “gone after” banks? If you paid attention, you’d know he didn’t suspend drilling on federal land despite his pre-election rhetoric and has actually approved more drilling leases than even Trump did. I have to say, you’re incredibly ignorant on this subject. Got any other false claims you want to push?

[Pterodon]

www.sullivan.senate.gov/.../speech-biden-slows-american-oil-and-gas-production

[Pterodon]

www.cnn.com/.../index.html

[Pterodon]

www.wsj.com/.../joe-bidens-u-s-oil-embargo-russia-energy-natural-gas-vladimir-putin-ukraine-11646780609

[Opinion Owner]

I’m not even going to read a partisan rant by Dan Sullivan. As for federal oil leases, drilling on federal land accounts for just 9% of US supply and is a drop in the bucket of global supply. None of that is going to significantly alter oil prices. It’s a temporary freeze while this court battle plays out. It’s not expected to even alter supply because there are thousands of unused drilling permits already issued. Got anything else brainiac?

[Opinion Owner]

…. and you’re suddenly citing the “fake” news media as your sources? Make up your mind. Is the news fake or not.

[Daniela1982]

When Biden cancelled the pipeline it didn't help matters any. He is handling things like a Bumpkin Pumpkin Head.

[WhiteSteve]

Not so much Putin (although it doesn’t help), but anyone with even a very basic level of understanding of economics understands that, when supply for goods is interrupted by a WORLDWIDE (not just American) pandemic that shut down factories and all kinds of other businesses of production, and the demand then goes up again drastically (as the world re-emerges from being locked down and not using those goods and services), prices will increase dramatically to attempt to recoup the lost revenue from the down year. We all should’ve known this year and maybe next year would be rough, and who the president is in any country (remember there’s a whole world out there besides America) has very little control over any of it.

[CoffeeBeanBlack]

Inflation is the result of the pandemic relief. The governing body could have taken any number of routes but decided to throw money at us. This goes beyond whatever anyone believe the executive branch is, it was a decision by the legislative branch after months of sitting on their hands. Gas prices take place in that, but yes the impact of all the sanctions means oil supply is thinner. More of it is being sent overseas that would normally remain local. Is it Biden's fault? Sure. Is it the legislative branchs fault? Of course. Is it because of russia? That too. Liberals and conservatives are always quick to fling their shit across the aisle rather than deal with the reality that the state of things are yes shitty and yes more complicated than they want it to be. Be well.

[HighValue]

Gas prices were already doubled where I live after Biden was in for a short time which was 10 months before Russia went to war with Ukraine.
It was $2.40 per gallon for premium in Trump's last week and $4.80 per gallon after two months of Biden.

[Pterodon]

Bingo

[RolandCuthbert]

Of course not. Inflation was rising before the war.

But one thing is for certain, the war is only going to make it worse.

And you are the last person to go to for unbiased facts. You trumpturds were screaming at Biden for buying Russian gas.

We have bought Russian gas for years. And as I have posted before. We are the number one oil producer on the planet. No one else even comes close.

[Pterodon]

Not anymore thanks to biden

[RolandCuthbert]

It is terrifying to see how facts and logic have no effect on you.

How in the fuck can Biden affect oil production. This is fucking America, you fucking imbecile.

The Oil Industry is privately owned. If you want state run oil production, move to Russia and commence to sucking Putin's cock.

Oil Production by Country 2022
Country Barrels per Day 2022 Population
United States 11,567,000 334,805,269
Russia 10,503,000 145,805,947
Saudi Arabia 10,225,000 35,844,909
Canada 4,656,000 38,388,419

[Pterodon]

He suspended drilling on federal lands

[Grond21]

americansforprosperity.org/.../

This should help, and maybe tone down the vitriol

[exitseven]

The wheels were falling off the wagon long before Putin invaded Ukraine.

Biden is a one man crime wave

[KrakenAttackin]

These liberal clowns are already pushing the "Russian interference" narrative if Macron loses the election in France. Seriously, these liberals are fucked in the head.

[Stupidsigninpage]

It's Brandon's fault.

Brandon needs to bring back fracking and approve the Keystone pipeline, otherwise he will lose the war against Putin.

[Anonymous]

Dude, they are Liberals. They will absolve Biden of any responsibility or accountability whatsoever and say that he has zero ability to influence anything.

[DARKCLOUD1945X]

It was Trump s fault LMFAO

[clemdenim]

Nope, pure greed