The White House plan for cutting gas prices
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Bwhahahahahahahaha!
In other news, Saudi Arabia has experienced a 10% growth in GDP...Who'd a thunk it?
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@89th said in The White House plan for cutting gas prices:
Is that a satire account?
Apparently that tweet has been taken down, btw.
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Question...Everybody knows Joe doesn't write his own Tweets. Wonder who does?
“Cry havoc and let slip the DOGE of war!”
Warning: I post things that interest me. Read and comment at your own discretion.
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The comment that this is a time of war and global peril. Now... I'm only 40, but something tells me this isn't REALLY a time of war and global peril. It's many things that are adding up to inflation, but not really a crisis. Now if the prices got above like $20 a gallon, maybe he'd have a point. Maybe.
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I don't know enough about the industry to comment, so I'll just throw this out there:
Yes, you can blame Biden for crazy gas prices
This July 4th, as you fill up your car or truck, you might be tempted to blame President Joe Biden for high gasoline prices.
You shouldn’t, say some experts. It’s Russian President Vladimir Putin’s fault, they say. The US had to cut off Russian oil imports to punish Putin for invading Ukraine.
Meanwhile, Biden himself has blamed the American energy industry.
“At a time of war,” Biden wrote in an open letter to the industry on June 15, “high refinery profit margins being passed directly onto American families are not acceptable… companies must take immediate actions to increase the supply of gasoline, diesel, and other refined product.”
But US refineries are already operating at 94 percent of their capacity, with US refineries in the Gulf of Mexico running at 98 percent, which is the highest rate in 30 years. Running refineries at a higher capacity than that risks damaging the equipment. As such, Biden isn’t just wrong, he insulted some of the hardest working people operating in one of the most dangerous industries in America...
This July 4th, as you fill up your car or truck, you might be tempted to blame President Joe Biden for high gasoline prices.
You shouldn’t, say some experts. It’s Russian President Vladimir Putin’s fault, they say. The US had to cut off Russian oil imports to punish Putin for invading Ukraine.
Meanwhile, Biden himself has blamed the American energy industry.
“At a time of war,” Biden wrote in an open letter to the industry on June 15, “high refinery profit margins being passed directly onto American families are not acceptable… companies must take immediate actions to increase the supply of gasoline, diesel, and other refined product.”
But US refineries are already operating at 94 percent of their capacity, with US refineries in the Gulf of Mexico running at 98 percent, which is the highest rate in 30 years. Running refineries at a higher capacity than that risks damaging the equipment. As such, Biden isn’t just wrong, he insulted some of the hardest working people operating in one of the most dangerous industries in America...
He could invoke the National Defense Act to accelerate the rate of oil and gas permits. He could set a floor of $80/barrel for re-filling the Strategic Petroleum Reserve (SPR), which would be a powerful incentive for the industry, because it would prevent prices from falling to unprofitable levels. Biden could announce trade agreements with American allies to supply them with liquified natural gas, which would incentivize more natural gas production and lower prices.
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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I don't know enough about the industry to comment, so I'll just throw this out there:
Yes, you can blame Biden for crazy gas prices
This July 4th, as you fill up your car or truck, you might be tempted to blame President Joe Biden for high gasoline prices.
You shouldn’t, say some experts. It’s Russian President Vladimir Putin’s fault, they say. The US had to cut off Russian oil imports to punish Putin for invading Ukraine.
Meanwhile, Biden himself has blamed the American energy industry.
“At a time of war,” Biden wrote in an open letter to the industry on June 15, “high refinery profit margins being passed directly onto American families are not acceptable… companies must take immediate actions to increase the supply of gasoline, diesel, and other refined product.”
But US refineries are already operating at 94 percent of their capacity, with US refineries in the Gulf of Mexico running at 98 percent, which is the highest rate in 30 years. Running refineries at a higher capacity than that risks damaging the equipment. As such, Biden isn’t just wrong, he insulted some of the hardest working people operating in one of the most dangerous industries in America...
This July 4th, as you fill up your car or truck, you might be tempted to blame President Joe Biden for high gasoline prices.
You shouldn’t, say some experts. It’s Russian President Vladimir Putin’s fault, they say. The US had to cut off Russian oil imports to punish Putin for invading Ukraine.
Meanwhile, Biden himself has blamed the American energy industry.
“At a time of war,” Biden wrote in an open letter to the industry on June 15, “high refinery profit margins being passed directly onto American families are not acceptable… companies must take immediate actions to increase the supply of gasoline, diesel, and other refined product.”
But US refineries are already operating at 94 percent of their capacity, with US refineries in the Gulf of Mexico running at 98 percent, which is the highest rate in 30 years. Running refineries at a higher capacity than that risks damaging the equipment. As such, Biden isn’t just wrong, he insulted some of the hardest working people operating in one of the most dangerous industries in America...
He could invoke the National Defense Act to accelerate the rate of oil and gas permits. He could set a floor of $80/barrel for re-filling the Strategic Petroleum Reserve (SPR), which would be a powerful incentive for the industry, because it would prevent prices from falling to unprofitable levels. Biden could announce trade agreements with American allies to supply them with liquified natural gas, which would incentivize more natural gas production and lower prices.
@George-K said in The White House plan for cutting gas prices:
He could invoke the National Defense Act to accelerate the rate of oil and gas permits. He could set a floor of $80/barrel for re-filling the Strategic Petroleum Reserve (SPR), which would be a powerful incentive for the industry, because it would prevent prices from falling to unprofitable levels.
How do Conservatives feel about the government meddling with production and setting prices of goods and commodities?
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About the same way they feel about The Resident screwing up the energy sector by killing the Keystone Pipeline, not drilling on Federal lands , screwing with the Gulf leases and fucking over the refinery capacity (although to be fair, the last ain't all him).
“Cry havoc and let slip the DOGE of war!”
Warning: I post things that interest me. Read and comment at your own discretion.
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About the same way they feel about The Resident screwing up the energy sector by killing the Keystone Pipeline, not drilling on Federal lands , screwing with the Gulf leases and fucking over the refinery capacity (although to be fair, the last ain't all him).
@Jolly said in The White House plan for cutting gas prices:
About the same way they feel about The Resident screwing up the energy sector by killing the Keystone Pipeline, not drilling on Federal lands , screwing with the Gulf leases and fucking over the refinery capacity (although to be fair, the last ain't all him).
But to make up for it, he is working for a gas tax holiday which will kill funding for infrastructure
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About the same way they feel about The Resident screwing up the energy sector by killing the Keystone Pipeline, not drilling on Federal lands , screwing with the Gulf leases and fucking over the refinery capacity (although to be fair, the last ain't all him).
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h/t Quirt....
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UK vs US prices over 20+ years.
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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@George-K said in The White House plan for cutting gas prices:
UK vs US prices over 20+ years.
That’s the point that @Doctor-Phibes is trying to make. The gas prices are not a US issue alone, and from that line of reasoning it seems to them that there is little or nothing that Biden has done or could do to affect the gas prices.
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Either that, or the expertise of the leadership of both countries are inextricably tied together by the Illuminati or somebody similar, which I suppose is always possible
