Posted on 10/08/2022 11:03:22 AM PDT by rktman
On Friday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Deputy Treasury Secretary Wally Adeyemo said that the Biden administration thinks gas prices “should continue coming down,” and there have been “historic spreads between the cost of crude oil and the cost that’s being paid at the pump. So, we’re calling on those who own those gas stations to bring down the price.”
Host Andrea Mitchell asked, “Bottom line, can you do anything to bring down gas prices between now and the election a month from now?”
Adeyemo responded, “So, Andrea, we think that gas prices should continue coming down, because we’ve seen historic spreads between the cost of crude oil and the cost that’s being paid at the pump. So, we’re calling on those who own those gas stations to bring down the price. But in addition to that, we’ve already seen that, over the course of this last month, we’ve seen a release of the SPR that has helped to keep prices lower than they were at their highs this summer. And we’re committed to taking every other action that we can to try and bring down prices over the course of the next few days, the next few months, and over the course of the next years because we know how important this is to the American people.”
(Excerpt) Read more at breitbart.com ...
They’re gaslighting you...trying to convince you that you’re being robbed by the providers, rather than by them.
Biden’s failure to secure more oil from the Saudis = American Corporate greed.
Wow they really think ita the corner shop doing this? No, they can’t really think that.
Lord help us if these creeps manage to fix the election and come out ahead, it’s going to be an absolute nightmare. Gas prices will hit near $10 a gallon even above. Their whole agenda is to destroy the US economy which they know they won’t be able to do if they lose November 8th. That’s the ONLY reason they want the price to come down now. But if they “win”, they will immediately stab the country in the back. I pray they lose.
We have what’s left of a free enterprise capitalistic system. If people don’t 8 track cartridges or dial telephones and choose to buy their improved successors, we aren’t forced as in Communist countries to buy what the government bosses demand.———but Dems are working on destroying that as we speak.
So if a gas station loses 40 cents on each gallon sold after getting tanker truck deliveries at a higher cost all week, are they supposed to go out of business to please Joe Biden or his handlers?
General M'Bugaboo is a Nigerian, and I trust him. I've already quit my job in anticipation of the money he's going to put in my bank account.
Confirmed: Stuck on Stupid.
Diesel went from 4.45 to 5.19 here...
Is up the new down?
Or creating that product.
It doesn’t go from the ground to the gas pump. They forget that too.
Continue coming down? They’ve been rising again.
Many already sell at a loss.. if they are lucky they make a few cents a gallon profit. Until a tank needs to be replaced or a pump fails.
Children screaming at the sun to stop shining and expecting its obedience and wondering how they can get the FBI to conduct a raid on it.
Around here, they bumped the prices 20 cents a gallon on news of the Saudi-Russian deal. Prices had been below $3/gallon. Immedidate bump to $3.19 at most area stations. Looks like Kroger, and Texaco are up to 3.20, but the Murphy in front of Walmart is back down to $3.04 with Quiktrip and Racetrack in the $3.16 - $3.18 range.
It appears that this administration is under several false assumptions:
1) The SPR is bottomless and oil can be removed forever
2) Gas stations make lots of money selling gas, and will be willing to sell at a loss to help elect Democrats
3) Inflation is under control
There appear to be two possible explanations
1) They are hopelessly misinformed, have no idea how the real world works and are naive to the point of children
or
2) They are deliberately trying to run America into the ground by destroying our moral compass, economy, reducing our armed forces to be equal to Mexico by draining fuel, equipment, and manpower and allow a fifth column of illegal aliens destroy small communities, thereby making us a third world nation.
I guess all of the above is also a possible explanation
You too?!?
Because gas station owners are all MAGA Republicans who are keeping prices high deliberately to hurt the Biden Administration in the midterms - OK, I get it now. /s
Posted earlier today that gas prices in my South Jersey town went from 3.23 to 3.53 overnight drove by this afternoon it is now 3.63
Wasn't he a a Nigerian formerly known as a prince?
How about grocery stores lowering their prices? Or perhaps landlords lowering rent? Cable/satellite companies lowering their fees? Cell phone providers lowering their fees? Wow, fixing inflation is soooooo easy!
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