Posted on 09/16/2022 6:10:25 PM PDT by ChicagoConservative27
Oh I get it now. Those rascally Biden supporters always fooling me with those words.
To those of you in Georgia, where I am, that still support Kemp and Raffensberger, two things:
1. You need to have your heads examined. They’re partly to blame for the mess we’re in. Actually they’re not partly to blame, they played a major role in all of it.
2. The only reason gas in georgia is as cheap as it is, almost double what it was under Pres Trump, is because they suspended the .30/gal, infrastructure gas tax that they passed and Deal signed back in ‘16 or ‘17.
The high gas prices very much a result of self inflicted energy policy, not inflation dumbass. Inflation, the devaluing of our money due to the printing press burning red hot and government spending, is causing inflation.
Gas is $5.45 here in Reno. Sure is relieving
Bless his heart.
Voodoo dolls and goat entrails. Now that would a reality show!
😂 It’s Friday I didn’t catch that! Meant to say shelves not shells! 😂
“Felt relief” on gas prices?
It just jumped UP thirty cents a gallon in the last few days.
$4.82 for regular yesterday out here in rural NV.
Awful close to the $5.00 mark.
Not just the founder of Hair Club for Men. He's also a client?
Okay, that was Sy Sperling, but close enough.
I love this little show of dem stupidity. From two days ago.
Bloomberg News reported:
The Biden administration is considering replenishing the Strategic Petroleum Reserve when oil dips below $80 a barrel, just two years after Democrats blocked former President Donald Trump from filling the reserve at a fraction of that price.
Biden in March ordered the release of a record 180 million barrels of oil from the reserve in an attempt to stem supply shortages and the rapid rise of gasoline prices in the US following Russia’s invasion of Ukraine. The administration now is looking to protect US oil-production growth and prevent crude prices from plummeting, according to people familiar with the matter.
Trump in March of 2020 was looking to stabilize the oil industry after Covid-19 hit in 2020 and crushed global petroleum demand. With oil at the time priced at about $24 a barrel, Republicans proposed spending $3 billion to fill up the reserve. But the idea became a political football in larger negotiations on trillions in coronavirus relief, with Senate Democratic Leader Chuck Schumer proclaiming that his party had blocked a “bailout for big oil.”
That decision effectively cost the US billions in potential profits and meant Biden had tens of millions of fewer barrels at his disposal with which to counter price surges.
It also will take more oil to fill the reserve than two years ago. In March 2020, the reserve had 634 million barrels stored out of a capacity of 727 million barrels. After a record drawdown last week, the reserve is down to 442 million barrels, its lowest level since 1984.
He hasn’t been to a gas station in years
Democrats are delusional.
The fly on the wall sez you people are dumb a##es and will believe anything we throw at you
Everything else is stories and observations about relative price levels. Given the actual meaning of inflation, a decrease in the price of oil translates into a general increase in the price of everything else. The relief to the consumer is only partial and he has no relief in his total cost rise. In an inflation most prices will rise, some will decline. Inflation like all government intervention in the market gives wrong economic signals which produces warped markets.
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