$5.00 per gallon gas

[copier addict]

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?

[copier addict]

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

[slimslob]

$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

[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.

[slimslob]

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

[SalesServiceGuy]

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.

[slimslob]

Biden Admin Now Just Begging Oil Companies to Lower Gas Prices

[SalesServiceGuy]

... 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.

[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

[bsm2]

"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