@Jolly said in VDH's Tuesday Takeaway:
@taiwan_girl said in VDH's Tuesday Takeaway:
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Biden also goaded young people to vote by temporarily lowering gas prices through draining the strategic petroleum reserve, offering amnesty for marijuana offenses, and canceling half a trillion dollars of student loan debt. He told young women that they would die without unlimited abortions. And most of that mud stuck.
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I kind of laughed at this. Does anybody really think that any of the above (except for the last point) really made people go out and vote for the Democrat party? I may be out of touch, but I just dont imagine any of those policies having a major positive effect (for the Democrat) on this election. (Again, except for maybe the abortion)
You don't think artificially lowering gas prices had no effect on the election?
No I dont. From the Treasury report, if we assume the middle of the range, it equals USD$0.22. With US gas prices so high, I really doubt that gas prices going from $4.50 USD to $4.30 USD made any difference on voting from people.
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According to an analysis from the Department of the Treasury from July, the release of oil from the SPR helped lower the price of gasoline in the US by an estimated range of 13 to 31 cents per gallon. This report covers the period from March to July of 2022.[2] This means that, without the release of crude oil from the SPR, gasoline prices could be anywhere between 13 to 31 cents higher per gallon.
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https://usafacts.org/articles/did-releasing-oil-from-the-strategic-petroleum-reserve-impact-gas-prices/
