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Whose Fault Are High Gas Prices?

Original Article

Posted By: ladydawgfan, 2/25/2022 11:54:26 PM

Many Americans are baffled that the economy has become inflationary and may be heading for a recession. The price of gasoline is especially troublesome. President Biden blames the baffling backward bounce of the economy on the COVID pandemic. As with much political commentary, there is an element of truth in his observation. However, the pandemic didn't cause inflation; the government's response to the pandemic did. In 1986, President Reagan said, "The nine most terrifying words in the English language are: I'm from the government and I'm here to help." Reagan's remarks are more relevant today than the day he delivered them.

Comments:

It's usually what happens when you close the taps on a high demand product used by 98% of the United States alone. "Supply and demand" ain't just three random words in the dictionary!!

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Reply 1 - Posted by: proactus 2/25/2022 11:57:41 PM (No. 1083031)
Biden. He did that!
16 people like this.

Reply 2 - Posted by: GoodDeal 2/26/2022 12:04:23 AM (No. 1083036)
Of course it’sBushs fault.
2 people like this.

Reply 3 - Posted by: bighambone 2/26/2022 12:16:15 AM (No. 1083038)
It’s all on Biden and the leftist, progressive, and socialist Democrats who essentially support the same political agenda.
11 people like this.

Reply 4 - Posted by: snakeoil 2/26/2022 12:23:39 AM (No. 1083045)
Quid Pro Joe. On Day One of the current maladministration he killled the Keystone Pipeline. That leaves us at the mercy of other countries. They can make the price of gas anything they want. Why did Vlad the Impaler invade Ukraine? With the USA forced to import oil and Russia exports oil he can do anything he wants. Oil is the top money maker for Russia. The second is Hunter spending on Russian hookers. Question is can the dims sell the Bidet is just another victim?
11 people like this.

Reply 5 - Posted by: Geoman 2/26/2022 12:39:58 AM (No. 1083057)
FTA: "For a short time in April of 2020, oil producers had no market and nowhere to store their product." Overall good article but the statement above isn't exactly true. From the beginning of America's oil industry, oil has been temporarily stored in earthen clay-lined pits, also known as retention ponds, until it could be moved to a refinery. When the oil business got started, the manufacture and transport of large steel tanks wasn't technologically or economically feasible, so clay-lined pits or retention ponds were common. Lining with a very fine-grained clay reduces the permeability of the pit, protecting nearby groundwater from contamination. In modern times, PVS liners are most common in retention ponds, especially those that contain toxic mine tailings and other nasty chemicals. Containing oil is relatively easy but subject to government bureaucrat interference that is heavily influenced politically. Besides, Trump was president at the time, so it could have worked on a pretty large scale.
3 people like this.

Reply 6 - Posted by: RuckusTom 2/26/2022 2:41:42 AM (No. 1083098)
99% of the stuff we buy is delivered by a gas powered truck. Guess what happens when gas prices go up? Those increased gas prices are added on to the stuff we buy. Funny how that works.
10 people like this.

Reply 7 - Posted by: Trigger2 2/26/2022 4:05:18 AM (No. 1083110)
We all know the answer to that question: Joey.
6 people like this.

Reply 8 - Posted by: doctorfixit 2/26/2022 4:46:37 AM (No. 1083117)
Inflation is policy. It's how illegitimate governments renege on their debts and how they destroy the hated middle class. Vote Democrat if you want your savings to be wiped out and you want your money to be worthless. Of course if you're a freeloader you don't care because you don't know how to save money and you spend every handout the minute you get it.
8 people like this.

Reply 9 - Posted by: mifla 2/26/2022 5:29:15 AM (No. 1083128)
The liberals know that their policies are causing all this grief. They just don't care.
6 people like this.

Reply 10 - Posted by: red1066 2/26/2022 8:55:37 AM (No. 1083291)
May I suggest that those people who are confused as to how gas prices have risen so high, please refrain from ever voting again in any election. Stupid people should have no say whatsoever.
8 people like this.

Reply 11 - Posted by: bigfatslob 2/26/2022 8:56:01 AM (No. 1083292)
Biden would be liked more if he had left Trump's energy and border plans in place. Using money to finish the wall but instead did vindictive choices to cancel Trump. Biden pays for it now, but he gets the blame for all of this misery we all suffer. FJB
6 people like this.

Reply 12 - Posted by: franq 2/26/2022 9:17:07 AM (No. 1083317)
Trump. Bush. Climate change. Greedy oil companies. Too little realeased from Strategic Oil Reserves. Our own, since we haven't gone out and bought EVs. Did I miss any? I have never heard these lying leftists try to explain why gas was so cheap under Trump.
5 people like this.

Reply 13 - Posted by: philsner 2/26/2022 9:41:34 AM (No. 1083332)
Yet another missive from Captain Obvious.
2 people like this.

Reply 14 - Posted by: hershey 2/26/2022 9:48:44 AM (No. 1083342)
Whose fault? Try Biteme, shutting down the pipeline, stopping fracking, not to mention the eco-weenies and their whining...I read somewhere we have BILLIONS of gallons of untapped oil in North/South Dakota and Montana...every day I curse democraps....
6 people like this.

Reply 15 - Posted by: broken01 2/26/2022 10:42:04 PM (No. 1084032)
It’s FJB’s fault. Enough said.
1 person likes this.

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