Posted on 03/31/2022 12:00:51 PM PDT by RummyChick
President Joe Biden said Thursday that record gas prices were caused by the pandemic and Vladimir Putin's war in Ukraine as he unveiled a two-pronged plan to increase supply and reduce demand.
He announced he would release a million barrels of oil per day from the nation's strategic reserve for the next six months and accelerate the switch to electric vehicle.
But his analysis of the cause of the crisis will attract criticism for opponents who accuse him of shifting the blame for his administration's economic woes.
'The problem we're facing with gas prices has two roots,' Biden told reporters at the White House.
'First, the pandemic. When COVID struck demand for oil plummeted so production slowed down worldwide.
'Because of the strength and the speed of recovery demand for oil shot back up much faster than the supply. That's why the cost of gas began to rise last year.
'The second root is Vladimir Putin.'
At the start of the year the price of a gallon was about about $3.30, he continued, while today it is averaging about $4.22.
(Excerpt) Read more at dailymail.co.uk ...
2-3 day??? Holy Roma Meat ta!!!
Turn all the parking meters into charging stations for all those who have to park on the street. And hand out rolls of quarters to feed them. /s
Does anyone see the absurd logic in all this? So everyone in the USA must buy an electric car and then what? Are other countries going to do this? Is China? India? Russia? Yeah like hell. And so when it’s just the USA what does the left think will happen to the atmosphere? The percentage of CO2 which is ALREADY AT ZERO POINT ZERO will dramatically drop?? And this will do what exactly? Make us freeze our asses off more in the winter? This is just pure utter insanity. We have insane people running completely amok and nobody is telling them to F OFF!!!!
What he’s doing is the same thing democrats did with cigarettes. They taxed the hell out of them thinking it would make people quit. It probably worked somewhat, but who is going to go out and buy a $50K electric car? The logic is not the same “Wow gas is really expensive so let me get into debt for $50K”
bttt
On top of that, they want ya to buy a new EV for about 50K.
Who here agrees with me that Biden and his puppet master orchestrated the invasion and slaughter in Ukraine to push the “green” agenda and phasing out of fossil fuels?
Do a little research on how many of these liberal politicians touting the GND are heavily invested in “green energy”. They stand to make billions if they can manage to destroy the petroleum industry.
Of course....
He just needs to shut up, stop blaming and go fade away. His first year in office is responsible for more misery, death and heartache than any President I can remember in my lifetime. He’s the Democrats’ cruel joke on America.
This is a good time for Beto to lose the TX Gov’s race. He can blame his loss on Biden.
and lest we forget the evil biotech minions. The Biotech/Big Pharma Medical Industrial Complex is far more dangerous that the entire "Terrorist Threat" combined ever was or could be
BIOTECH NEEDS TO BE DESTROYED
and the bureucracy needs to be purged with extreme predjudice, or this once great nation will continue to be parted out to the rest of the world like a stolen car
(just asking for a friend)
$50K for a low priced E car, costs what per month in payments? My 2005 mom-mobile is fully paid for, new tires, brakes, about to do the water pump and alternator. It costs me only gasoline and parts. Probably 30 a month plus fuel, which is about $120 for gas on a big driving month. Can I get one for $200 a month with insurance?
As a percentage of the economy, health care costs went from about 9% of the GDP to 19% under Obama care, and the life expectation went down. 2000 - 2019 Not perfectly remembered, but it is close to that.
yessiree
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