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Why record-high gas prices won't be solved by drilling more oil in the US
Cnn ^ | 03/10/2022 | Ella Nilsen

Posted on 03/10/2022 10:08:08 AM PST by ChicagoConservative27

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Trump proved that already. Idiots.
1 posted on 03/10/2022 10:08:08 AM PST by ChicagoConservative27
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To: ChicagoConservative27

The more supply, the lower the price.

Any idiot can figure that out, but our Anti-American left is comprised of persons, each of which is not just any idiot.


2 posted on 03/10/2022 10:10:06 AM PST by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: ChicagoConservative27

Why breathing won’t help you live- CNN


3 posted on 03/10/2022 10:10:19 AM PST by FlipWilson
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To: ChicagoConservative27

The law of supply and demand has been revoked?


4 posted on 03/10/2022 10:10:55 AM PST by Raycpa
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To: ChicagoConservative27

Yup. Using the resources under your feet and processing them is never the answer is it. OMG!!!!!! The stoopid is physically painful.


5 posted on 03/10/2022 10:11:10 AM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: ChicagoConservative27

The price of gasoline in Saudi Arabia is $2.18 to $2.30 a gallon. Why is that CNN? Apparently CNN does not believe in supply and demand.


6 posted on 03/10/2022 10:11:48 AM PST by Parley Baer
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To: ChicagoConservative27

Of course there’s no easy solution. It took a long, long, time for the Green Weenies to dig us into this hole. But that is not an argument to keep digging.


7 posted on 03/10/2022 10:11:58 AM PST by Flash Bazbeaux
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To: ChicagoConservative27

Cock-a-doodle Non News.


8 posted on 03/10/2022 10:11:59 AM PST by LibWhacker
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To: ChicagoConservative27

CNN is right, we have to kick out all of the Democrats as well.


9 posted on 03/10/2022 10:12:11 AM PST by SecondAmendment (This just proves my latest theory ... LEFTISTS RUIN EVERYTHING !!!)
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Stop posting these liberal opinion columns.


10 posted on 03/10/2022 10:13:15 AM PST by TakebackGOP
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To: ChicagoConservative27

I understand gas prices are based on ‘future’ projections....so we can start producing now and prices would fall down the road.


11 posted on 03/10/2022 10:13:55 AM PST by caww ( )
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To: chajin

Aren’t we the worlds number one user also?


12 posted on 03/10/2022 10:14:12 AM PST by nikos1121
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To: chajin

The trend is the key—if markets see a trend of increasing supply the futures markets will react.


13 posted on 03/10/2022 10:14:21 AM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: ChicagoConservative27

Oil is fungible: an increase in supply anywhere in the world will decrease prices. That’s why the administration is begging dictatorships like Iran and Venezuela for more oil. The only one they haven’t tapped is Canidastan


14 posted on 03/10/2022 10:16:10 AM PST by KarlInOhio (If Hitler invaded Hell, I would make at least a favourable reference of the Devil...-Churchill)
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To: chajin

cnn lies about everything and yet so many useful idiots believe every word.


15 posted on 03/10/2022 10:16:24 AM PST by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: ChicagoConservative27

Supply and Demand laws do not apply to climate change.


16 posted on 03/10/2022 10:16:28 AM PST by webheart (I thought I was helping by getting vaccinated but they say I didn’t help at all. )
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To: ChicagoConservative27

So says the Communist News Network that knows NOTHING about fundamental economics.


17 posted on 03/10/2022 10:16:59 AM PST by ProtectOurFreedom (If truckers quit their jobs, society would collapse. If politicians quit their jobs...HALLELUJAH!)
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To: Raycpa

It’s a brave new world...


18 posted on 03/10/2022 10:17:18 AM PST by EEGator
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To: chajin

“The more supply, the lower the price.”

That is the old way of thinking. It is outdated. Now we know the new truth that printing gazillions of dollars is not inflationary, and increasing the supply will not lower the price. And global warning is our worst enemy and it makes China a dear friend. And you are a racist if you don’t accept this.


19 posted on 03/10/2022 10:17:43 AM PST by odawg
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To: ChicagoConservative27

drilling our own oil wont work cuz global warming

doncha know


20 posted on 03/10/2022 10:17:51 AM PST by joshua c (Dump the LEFT. Cable tv, Big tech, national name brands)
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