More ‘Sticking it to Putin’, I guess.
carter 2.0
and everyone needs to remember that LIBERAL WANTED THIS!!
this is no ACCIDENT! Liberals wanted gas to shoot up in price so speed up the transition to electric cars.
I wonder if in a short while, it will be discovered that even during the Memorial Day weekend, there wasn’t as much driving done as expected and that could have gasoline and oil inventories at those somewhat higher levels, thus correcting the prices.
Meanwhile India and China are buying all the heavily discounted Russian oil they want or need. The Biden Administration is strangling the domestic fossil fuel industry causing a real contraction of the American economy, poverty and shortages of food and many other essentials.
“Brent is still well below its all-time high of $147.50.”
What people in ‘woke’ states are quickly learning is that the difference between the price of crude, and the price of gasoline, due to their huge taxes, most of which are buried upstream. For example, crude was about $2.60 per gallon last week ($110 per barrel). Pump prices in the SF Bay Area were roughly $6.50 per gallon.
California has a record budget surplus this year. Why? Read those two numbers above again and you’ll know why.
Long oil is a short on the Biden economy.
Something to remember for the next two elections if not nothing changes for the better only the worse.
I have a friend named Brent. He’s not crude.
The U.S. oil benchmark, West Texas Intermediate, also rose, reaching more than $116 a barrel. "
CONSIDER the source : "The Hill" !!
OODA Loop !
Making it impossible for us to drive. Eliminating the middle class (because we are not addicted to govt handouts). Flooding America with third world savages.
I guess it's true. 21st Century America has lost it's spine and is too stoned on pot to even care.
100 years from now someone will write "The Rise and Fall of the United States" and will quote an ancient truth: "Nations follow the same pattern. They go..":
1. from bondage to spiritual faith;
2. from spiritual faith to great courage;
3. from courage to liberty;
4. from liberty to abundance;
5. from abundance to complacency;
6. from complacency to apathy;
7. from apathy to dependence;
8. from dependence back into bondage'
Democrats care not about Americans. It begins with murdering unborn babies, starving newborns, injecting experiment gene therapies in children, creating mental illness through lockdowns, indoctrinating children in radical failed political ideologies, to crushing businesses and personal finances. Democrats are pure evil.
Increase the supply.
It genuinely is that simple.
“This is a great transition.” - Joe Biden
If I remember correctly, Brent crude went to `138 a barrel and the cost of gas was not this high.
Filled up on Monday here in SoCal. Regular was $5.79/gal. 19.34 gallons cost me $112. That’s good for the week, used to cost me around half that when 45 was in office.
I don’t know how Uber/Lyft and food delivery drivers are making any money.