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Bidenomics Breaking America: U.S. Oil Prices Jump Above $90 a Barrel, Gasoline Climbs Relentlessly Higher
Breitbart ^ | 09/14/2023 | JOHN CARNEY

Posted on 09/14/2023 10:36:47 AM PDT by ChicagoConservative27

Oil prices jumped on Thursday to a new ten-month high, with U.S. crude rising above $90 a barrel for the first time this year.

West Texas Intermediate crude rose by more than 1.9 percent on Thursday to reach a high of $90.29 a barrel, the highest level since November of last year.

Brent crude, the international benchmark most closely related to gasoline prices in the U.S., rose by nearly two percent to $93.68.

The rising price of oil comes at a particularly challenging time for American consumers. U.S. gasoline prices surged 20 percent last month, according to the producer price index data released Thursday. This accounted for 60 percent of the rise in the index for final demand goods, the Bureau of Labor Statistics said.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: america; bidenomics; breaking; energy; oil
Depends brain said everything is fine. What gives?
1 posted on 09/14/2023 10:36:47 AM PDT by ChicagoConservative27
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To: ChicagoConservative27
The senile moron already used up most of the strategic reserves. What now? Quo vadis?
2 posted on 09/14/2023 10:39:25 AM PDT by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: ChicagoConservative27

It didn’t help the third largest oil refinery in the USA, the Marathon Oil refinery in Garyville, LA, is currently offline and won’t come back for a while.


3 posted on 09/14/2023 10:41:25 AM PDT by RayChuang88 (.FairTax: America's Economic Cure)
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To: ChicagoConservative27

What part of FUNDAMENTAL TRANFORMATION isn’t clear?


4 posted on 09/14/2023 10:42:54 AM PDT by bicyclerepair (Let's Go Brandon!)
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To: ChicagoConservative27

It would help if the geoengineers didn’t flood out Libya. On second thought, it likely was by design.

https://edition.cnn.com/2023/09/12/economy/oil-prices-libya-flooding/index.html


5 posted on 09/14/2023 10:49:12 AM PDT by iontheball
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To: ChicagoConservative27

All we need now is a hurricane to track over oil platforms in the Gulf. Eff’n Democrats and RINOs will pimp EVs even harder with our tax dollars.


6 posted on 09/14/2023 11:07:45 AM PDT by ConservativeInPA (The Delay Trump’s trial, delay. Elect Trump President. Trump pardons himself. )
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To: ChicagoConservative27

Cheapest gas I saw today here in Los Angeles was $5.39 a gallon!!! But at least we aren’t subjected to mean tweets anymore by a bad orange man...

The neighborhood where my office/shop is poor and mostly illegal aliens and was inundated with almost all vehicles and people sporting Fuck Trump flags and stickers


7 posted on 09/14/2023 12:12:45 PM PDT by eyeamok
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To: eyeamok

Big island of Hawaii, I pay $4.69 locally and $4.45 in Hilo.
A good portion of that is for taxes that the government can’t even spend in a timely manner on our crappy roads(too much red tape).
All our problems are due to Democrats. We would all be rich if we didn’t have them dragging us down.


8 posted on 09/14/2023 12:32:06 PM PDT by rellic
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To: eyeamok

Cheapest gas I saw today here in Los Angeles was $5.39 a gallon!!! But at least we aren’t subjected to mean tweets anymore by a bad orange man...

The neighborhood where my office/shop is poor and mostly illegal aliens and was inundated with almost all vehicles and people sporting Fuck Trump flags and stickers

********************

Trump is great on getting rid of barriers to the energy sector and would be an improvement from “day one.” Any democrat is horrible on this issue and will exacerbate the problem worse.

What do independents and *female voters think?

You know the people that supposedly hate Trump, the people we have to coddle and baby every election, the people that don’t give a crap about conservatism.

Because they aren’t impressing me with the way they think or vote on the energy sector.

* Female voters in this use, is in no way directed at the Ladies of Free Republic, you gals are great and deserve your own category.


9 posted on 09/14/2023 12:58:57 PM PDT by unclebankster ( Globalism is the last refuge scoundrel)
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