Posted on 03/04/2022 7:32:55 AM PST by SeekAndFind
Gas prices have been going up since Joe Biden began cutting off energy sources in the name of global warming Leftism on his first day of office. Now, a year later, Bidenflation has taken hold, Russia has attacked Ukraine, and the price of a barrel of oil on Wednesday stood at a gasp-inducing $112/barrel. We’re looking at gas prices close to $7.00/gallon.
Just four months ago, Don Lemon the rest of his CNN buddies waxed rhapsodic over Joe Biden for an eight-cent drop in gas prices. Now, as prices skyrocket, Joe Biden’s getting the blame, too.
A Fox News poll released a few days ago shows that 73% of Americans say high gas prices “have caused hardship” and 63% blamed Joe Biden. The poll was taken before Russian invaded Ukraine. Now things are worse.
Democrats are doing as much damage-control as they can to rehabilitate Joe and their party because prices are so high. But Senator Tom Cotton said on Twitter that Biden always wanted higher gas prices and named people to his administration who would accomplish it. He tweeted: “Biden pretends to care about high gas prices. But he nominated a Marxist who wants to “starve” oil companies and a far-leftist to the Fed who wants to cut off energy companies from financing.”
Biden pretends to care about high gas prices.
But he nominated a Marxist who wants to "starve" oil companies and a far-leftist to the Fed who wants to cut off energy companies from financing.
pic.twitter.com/BXlXS0S5Po— Tom Cotton (@TomCottonAR) February 25, 2022
Well, mission accomplished.
One West Coast, Messed Coast™ gas station just raised its prices to nearly $7.00/gallon.
(Excerpt) Read more at pjmedia.com ...
HA!!!
I heard that on the radio yesterday. I didnt catch the whole discussion but I thought they said word was that UP is considering putting its big steam engines back into service for hauling commercial in a limited way.
Both the 4014 and the Challenger can handle a full string of freight cars by themselves.
They both are converted to thick fuel-so they could use waste oil if done right.
I live in Illinois. If gas gets anywhere near that, Illinois will turn red.
Yeah. 81 million votes is not the same as 81 million voters...
This is the energy version of letting your crops rot in the field during a food shortage.
Also known as economic suicide. The solution is at hand and easy, but Biden would have to backtrack and admit he was wrong.
Never happen. Biden-Bama is never wrong.
“Very high fuel prices are going to wreck the economy.”
That didn’t happen last time. People starting using less gas and traded their guzzlers for econoboxes. The price of oil collapsed from $147 to 27 in a few months.
Then everyone was mad about driving those econoboxes. They lost thousands trading cars to save a few hundred bucks on gas.
Night Hides Not ~ Right out of Atlas Shrugged.
IIRC, they weren't so good in the tunnels...
It’ll be $20 before you know it.
That’s silly, have you no memory? We’ve been at $147 a barrel before and there was no economic crash. There was a crash in the oil price as soon as people reacted to the high price.
Oh I expect we’ll see $10/gallon soon enough.
“Restaurant closes. Store closes.”
That’s the plan. Everyone working remotely and whatever you need you’ll have to order from Jeff Bezos for delivery.
Of course some people won’t be able to work remotely, so they’ll keep a few McDonalds and such open to feed them I guess.
Yeah, that grifter prick obummer even said as much.
“UP is considering putting its big steam engines back into service”
Wow! Wonder how many steam engines are still out there. Is “thick oil” still cheap?
May I quote you?
Well, that was FDR's strategy in the 1930s. Look how well that worked out.
“Right out of Atlas Shrugged. IIRC, they weren’t so good in the tunnels.”
I gotta read some of those Rand novels again!
I lived near a railroad underpass that was near our train station. Standing on the overpass when a steam train was accelerating out of the station, belching oodles of black smoke along with its chug chug chug, was a thrill.
The price will stop going up as soon as people start driving and flying less because they can’t afford it.
AS long as they can afford it, it will go up.
It happens every time.
It’s called Supply and Demand and it still works.
In Atlas Shrugged they ignored the day to day experts and ran a steam locomotive through a long tunnel that was only rated for diesel.
As the rail workers warned, the steam displaced so much air in the confines of the tunnel that everyone on the train suffocated.
Guess who got blamed.
Hint, it wasn’t the people ordering the use of the steam locomotive...
That’s the risk and also consumer goods will go up. Food prices are inching up even as we continue struggling to get and keep things on shelves. Among the worst things Joe could do for recovery is let gas prices skyrocket but the prices and reduced consumption are good for his agenda. Housing costs are going up too quickly because demand outstrips supply. I’ve heard tariffs are back on Canadian lumber. Drive by auto dealerships here in the metro area and there’s not much supply. I’ve stopped at dealers with NO current model year vehicles. Prices are up because of chip shortages and that’s for ICE vehicles. Imagine how easily crippled we are if electric was commonplace. The infrastructure isn’t in place. I can’t charge at work and I don’t have a garage so charging while I sleep isn’t an option. I’d have to charge where I can keep myself occupied for awhile. It’s just not convenient.
The Taggart Tunnel, in Ayn Rand’s novel Atlas Shrugged, was an eight-mile-long main-line railroad tunnel through the Continental Divide. Its eastern portal was at Winston, Colorado.[1] Through political maneuvering by an outraged passenger and several railroad officials who each was acting only to “cover his tracks,” a gross violation of safety rules occurred and caused the destruction of the Tunnel and the deaths of more than three hundred passengers and crew on two trains.
Wikipedia
“May I quote you?”
You certainly may, FRiend.
Are you driving less yet? Are your friends? Are more people carpooling yet? Taking less road trips? What are you seeing?
The people around here I talk to are griping but still driving just as much as ever. Some say if it goes up much more they will drive less.
When enough do, the price will stabilize and start down.
Here’s the actual history:
https://www.macrotrends.net/1369/crude-oil-price-history-chart
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