So, $4.75 is “relief” now? The new normal?
So many members of FR are touting the low popularity of the Democrats right now because of the economy. Our nation has the memory of goldfishes...I am predicting a significant drop in gas prices, sudden drop in inflation, an a temporary, but significant rise in stock market just before midterms... enough to keep things in check and prevent a hand off to Republicans. Two years is enough time for Democrats to rehabilitate Biden as come back kid....
Relieved? Relieved?
Who in the Sam Hill is relieved with prices still over $4/ gallon?
Going from $5.65 down to $5.35 isn’t “relief” when 18 months ago it was $2.60.
Sheesh.
5.56mm
“... the Biden administration [is] grasping for interventions that could bring relief.”
What can they do? The demonkraps caused the crisis by their anti-fossil fuel actions and the implementation of non-available “clean energy” through givernment mandate instead of letting the free-market solve “the problem”. In addition their failure in foreign policy in a globally integrated economy. The givernment-globalist foreign policy that evolved in the wake of WW2 was implemented with Russia - if enemies traded, they would never wage war because of their interdependence. Yepp, today’s demonkraps and their media would have to go back on all of that... go back to Trump and Reagan.
No, instead their “interventions” have been to tell lots of lies (”inflation is transitory”), releasing petro from limited strategic reserves, blame Putin, and recently blame the GOP of not offering solutions. DOn’t worry though, after Labor Day the (s)election cycle will be filled with slandering the GOP as racists, and anti-woman, anti-science, fat cats who are in bed with the evil pharmaceutical companies, against education and school meals. Will they be able to rig and defraud in the past? Will the GOP have aplan to undo this, or will they cave and let the demonkraps continue to control what legislation gets proposed and passed?
Bkmk
I heard a simple ‘fist bump’ solved all of this? *SNORT*
We’re so screwed.
Global energy strategist says pick a number. As in your guess is as good as mine. Wonder how much he makes doing that?
What will happen to prices when Biden runs the strategic petroleum reserve dry?
Just wait until heating fuel is in demand. Many people will freeze to death this winter.
End all of the boomeranging suicide sanctions and make deals to ensure the free flow of fuel, fertilizer, and food.
In Illinois, we have price hikes guaranteed. The Democrats have passed two additional gas tax hikes scheduled to take effect after the midterms. They also are forcing gas station owners to display stickers that give the Democrat-dominated state government credit for holding the line on taxes.
Biden will be pleased and proud on his special Labor day. Big labor always causes a rise in gas prices on it’s it’s Juneteenth day in September
Just wait until it is time to buy heating oil this winter!
“Didn’t Gropin’ Joe just score some clean, earth-friendly oil from Saudi Arabia? “
apparently not ... supposedly SA gonna think about it for a few weeks/months
The switchover to winter blend gas will bring some relief but the demand for home heating oil will negate it IMO. We’re in this cycle for the long haul.