$5.00 per gallon gas

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  • Copier Addict
    Aging Tech

    Site Contributor
    10,000+ Posts
    • Jul 2013
    • 14728

    #481
    Re: $5.00 per gallon gas

    Originally posted by Hansen88
    Well everytime biden is asked about it he says I trust the Fed. Well the fed said they fucked up,so its both their faults.

    You do understand that the Fed is independent, right?

    Comment

    • Copier Addict
      Aging Tech

      Site Contributor
      10,000+ Posts
      • Jul 2013
      • 14728

      #482
      Re: $5.00 per gallon gas

      Originally posted by slimslob
      Apparently copier idiot does not understand the Federal Reserve System and its affect on the stock market. The 75 point increase in the Fed rate was too much and tar too late. They should have raised it by no more than 25 points in February 2021 to slow down an over heated market. But then the news would not have been able to use the stock market as good news for Biden.

      HUH???
      And just who gave you that opinion? Fox? Breitbart? Truth Social?
      We all know you are incapable of forming your onw opinions. Slimjim

      Comment

      • slimslob
        Retired

        Site Contributor
        25,000+ Posts
        • May 2013
        • 37491

        #483
        Re: $5.00 per gallon gas

        Originally posted by Boogotshot
        $6.50 a gallon this morning in California
        Depends on where you are in California and what grade gasoline you are buying. The statewide average for regular, what most news shows quote, is $6.428. Some areas are over $9.00. Gas at California station nears $10 per gallon | Fox Business

        Here in Bakersfield we are still a little less than the California average. Bakersfield, CA Gas Prices

        Comment

        • Boogotshot
          Technician

          50+ Posts
          • Jul 2007
          • 61

          #484
          Re: $5.00 per gallon gas

          I'm in Ontario at the moment. The Chevron this morning had gas at $6.50
          Can't wait to get back Atlanta and pay $4.50 for gas again. I can't believe I just said that.
          sigpic No! we never do that with the copier.

          Comment

          • slimslob
            Retired

            Site Contributor
            25,000+ Posts
            • May 2013
            • 37491

            #485
            Re: $5.00 per gallon gas

            Five problems with Biden'''s inflation plan | Fox Business

            Comment

            • SalesServiceGuy
              Field Supervisor

              Site Contributor
              5,000+ Posts
              • Dec 2009
              • 8197

              #486
              Re: $5.00 per gallon gas

              Originally posted by Boogotshot
              I'm in Ontario at the moment. The Chevron this morning had gas at $6.50
              Can't wait to get back Atlanta and pay $4.50 for gas again. I can't believe I just said that.
              ... $2.09 per litre is the Canadian average. More like $7.89 US/gallon in Ontario.

              During your visit in Canada you forgot to mention that the road system and civic infrastructure was much better than back in the USA, paid for with higher taxes and fewer road tolls.

              Comment

              • slimslob
                Retired

                Site Contributor
                25,000+ Posts
                • May 2013
                • 37491

                #487
                Re: $5.00 per gallon gas

                Biden Admin Now Just Begging Oil Companies to Lower Gas Prices

                Comment

                • SalesServiceGuy
                  Field Supervisor

                  Site Contributor
                  5,000+ Posts
                  • Dec 2009
                  • 8197

                  #488
                  Re: $5.00 per gallon gas

                  ... most major US oil companies are currently making record profits because of the war in Ukraine.

                  These same companies have 9,000 un-utilized oil leases in the USA from which they could pump more oil to help bring supply back in line with demand. All the permits are granted, they could start drilling tomorrow.

                  Unfortunately, these oil companies have chosen to reward their shareholders first over servicing the nation.

                  President Biden is using what powers are available to him to increase domestic production.

                  Biden tells US oil refiners record profits are ‘not acceptable’


                  President Joe Biden told US oil refiners that unprecedented profit margins are unacceptable and called for “immediate action” to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession.

                  “At a time of war, refinery profit margins well above normal being passed directly onto American families are not acceptable,” Biden said in a letter sent Wednesday to top oil companies.

                  Biden said his administration was prepared to take any “reasonable and appropriate” steps that would help companies increase output in the near term and said he’s ordering Energy Secretary Jennifer Granholm to hold an emergency meeting on the subject in the coming days.

                  The president added that the federal government will open talks with the National Petroleum Council -- an advisory committee representing the industry -- and called on companies to provide the Energy Department with an explanation of why they have cut capacity and what could be done to address gas prices that now average more than $5 per gallon nationwide.

                  Comment

                  • BBM
                    Senior Tech

                    500+ Posts
                    • Dec 2020
                    • 896

                    #489
                    Re: $5.00 per gallon gas

                    "At a time of war" America is not at war . When we were in Iraq and Afghanistan actually fighting gas prices did not go up like this . As much as you would like this is not a socialist country . This administration has tied the hands of the oil companies and now want to tell them how to run there companies and what kind of profits they should make . November 2024 needs to get here quick

                    Comment

                    • bsm2
                      IT Manager

                      25,000+ Posts
                      • Feb 2008
                      • 30221

                      #490
                      Re: $5.00 per gallon gas

                      Originally posted by BBM
                      "At a time of war" America is not at war . When we were in Iraq and Afghanistan actually fighting gas prices did not go up like this . As much as you would like this is not a socialist country . This administration has tied the hands of the oil companies and now want to tell them how to run there companies and what kind of profits they should make . November 2024 needs to get here quick
                      Your wacko delusions into some other planet.
                      Oil prices are set by free market
                      Good to know when it gets tough the Republicans cave to RUSSIA.

                      PS Afghanistan war was ended by President BIDEN
                      your welcome
                      See the Republicans oil plan below

                      Comment

                      • BBM
                        Senior Tech

                        500+ Posts
                        • Dec 2020
                        • 896

                        #491
                        Re: $5.00 per gallon gas

                        Your proud of that withdraw ? tell the 13 American soldiers that died , Thank you . Biden deserves no praise for that cowardly way it was done

                        Comment

                        • SalesServiceGuy
                          Field Supervisor

                          Site Contributor
                          5,000+ Posts
                          • Dec 2009
                          • 8197

                          #492
                          Re: $5.00 per gallon gas

                          Originally posted by BBM
                          "At a time of war" America is not at war . When we were in Iraq and Afghanistan actually fighting gas prices did not go up like this . As much as you would like this is not a socialist country . This administration has tied the hands of the oil companies and now want to tell them how to run there companies and what kind of profits they should make . November 2024 needs to get here quick
                          ... if you want to defend large oil companies like Exon making record profits at the expense of American citizens that is your choice. How has President Biden tied the hands of oil companies? They have 9,000 permits to begin drilling for more oil today.

                          Comment

                          • Copier Addict
                            Aging Tech

                            Site Contributor
                            10,000+ Posts
                            • Jul 2013
                            • 14728

                            #493
                            Re: $5.00 per gallon gas

                            Originally posted by SalesServiceGuy
                            ... if you want to defend large oil companies like Exon making record profits at the expense of American citizens that is your choice. How has President Biden tied the hands of oil companies? They have 9,000 permits to begin drilling for more oil today.
                            The right doesn't even know what they are arguing about anymore. On one hand they dislike high gas prices and want to blame biden, but on the other hand they know the oil companies are gouging them and they also have to defend them for that.

                            Comment

                            • bsm2
                              IT Manager

                              25,000+ Posts
                              • Feb 2008
                              • 30221

                              #494
                              Re: $5.00 per gallon gas

                              Originally posted by BBM
                              Your proud of that withdraw ? tell the 13 American soldiers that died , Thank you . Biden deserves no praise for that cowardly way it was done
                              The only coward bone spurs was voted out office by the AMERICAN People

                              Thank you

                              Comment

                              • mojorolla
                                The Wolf

                                2,500+ Posts
                                • Jan 2010
                                • 2609

                                #495
                                Re: $5.00 per gallon gas

                                Originally posted by BBM
                                Your proud of that withdraw ? tell the 13 American soldiers that died , Thank you . Biden deserves no praise for that cowardly way it was done
                                Well, that puts you 2,448 death short of the truth. Invoking 13 dead because it fills a talking point against a president you do not like only cheapens the deaths of all those who died in service of this country.
                                You also failed to mention the 60 deaths from 2017-2020, where is your outrage for those lost lives....? Spare us your false outrage.

                                Gasoline makes up roughly 2% of Americans annual budget, it's a small amount compared to everything else. Maybe, just maybe, if we lived within our mean, there would be less pissing and moaning.



                                Failing to plan is planning to fail!!!

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