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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 04-04-2022, 07:36 AM   #1
Pete F.
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Join Date: Jun 2003
Location: vt
Posts: 13,435
Two years ago oil prices were negative and market prices for end products were historically low.

Fuel oil in 1978 was 54 cents per gallon, adjusted for inflation that would be $4.45.

When you’re whinging about the price of oil keep in mind TFG negotiated a deal to increase and stabilize the price of oil to get it out of the cellar. OPEC and our own crude suppliers have said publicly that they will not be forced to increase supply to reduce price.
That’s why the administration is releasing oil from the strategic reserve to increase supply
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Old 04-04-2022, 08:08 AM   #2
Jim in CT
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Join Date: Jul 2008
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Quote:
Originally Posted by Pete F. View Post
Two years ago oil prices were negative and market prices for end products were historically low.

Fuel oil in 1978 was 54 cents per gallon, adjusted for inflation that would be $4.45.

When you’re whinging about the price of oil keep in mind TFG negotiated a deal to increase and stabilize the price of oil to get it out of the cellar. OPEC and our own crude suppliers have said publicly that they will not be forced to increase supply to reduce price.
That’s why the administration is releasing oil from the strategic reserve to increase supply
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so in your mind, biden gets credit for every single good thing that happens in his watch ( covid waning, stock market way up, unemployment dropping like a rock). And he gets precisely zero blame
for the bad things that happened in his watch ( insane inflation, surging gas prices, surging crime, surging border crossings). do we have that right?

the economy is opening back up as covid hopefully fizzles. that was going to increase gas prices, and result in tons of jobs created, regardless of who was potus. either he gets credit for all or none. but naturally, you prefer to cherry pick all the positive outcomes
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