Jump to content

For those that say the President doesn’t set gas prices

PhatMack19

By PhatMack19
in Political Forum

 Share

Recommended Posts

PhatMack19

PhatMack19

Posted
Posted

On January 20, 2021, 
[ol]

  • Besides canceling the Keystone XL pipeline, 
  • President Biden restricted domestic production by issuing a moratorium on all oil and natural gas leasing activities in the Arctic National Wildlife Refuge. 
  • He also restored and expanded the use of the government-created social cost of carbon metric to artificially increase the regulatory costs of energy production of fossil fuels when performing analyses, as well as artificially increase the so-called "benefits" of decreasing production.
  • Biden continued to revoke Trump administration executive orders, including those related to the Waters of the United States rule and the Antiquities Act. The Trump-era actions decreased regulations on Federal land and expanded the ability to produce energy domestically. 
  • [/ol]On January 27, 2021,
    [ol]
  • Biden issued an executive order announcing a moratorium on new oil and gas leases on public lands 
  • or in offshore waters 
  • and reconsideration of Federal oil and gas permitting and leasing practices. 
  • He directed his Interior Department to conduct a review of permitting and leasing policies. 
  • Also, by Executive Order, Biden directed agencies to eliminate federal fossil fuel "subsidies" wherever possible, disadvantaging oil and natural gas compared to other industries that receive similar Federal tax treatments or other energy sources which receive direct subsidies. 
  • This 
    This is the hidden content, please
     attacked the energy industry by promoting "ending international financing of carbon-intensive fossil fuel-based energy while simultaneously advancing sustainable development and a green recovery." In other words, the U.S. government would leverage its power to attack oil and gas producers while subsidizing favored industries. 
  • Biden's EO pushed for an increase in enforcement of "environmental justice" violations and support for such efforts, which typically are advanced by radical environmental organizations and slip-and-fall lawyers hoping to cash in on the backs of energy consumers. 
  • [/ol]On February 2, 2021,
    [ol]
  • The EPA hired Marianne Engelman-Lado, a prominent environmental justice proponent, to advance its radical Green New Deal social justice agenda at the EPA, a signal to industry that it plans to continue its attack on American energy. 
  • [/ol]On February 4, 2021,
    [ol]
  • At the behest of the January 27th Climate Crisis EO, the 
    This is the hidden content, please
     several Trump-era enforcement documents which provided clarity and streamlined regulations to increase energy independence. 
  • [/ol]On February 19, 2021, 
    [ol]
  • Biden officially rejoined the Paris Climate Agreement, which is detrimental to Americans while propping up oil production in Russia and OPEC and increasing the dependence of Europe on Russian oil and natural gas. It also benefits China, who dominates the supply chain for critical minerals that are needed for wind turbines, solar panels, and electric vehicle batteries.
  • [/ol]On February 23, 2021,
    [ol]
  • Biden administration issued a Statement of Administration Policy in support of H.R. 803 which curtailed energy production on over 1.5 million acres of federal lands. 
  • [/ol]On March 11, 2021,
    [ol]
  • The President signed ARPA, which included numerous provisions advancing Biden's green priorities, such as a $50 million environmental slush fund directed towards "environmental justice" groups, including efforts advanced by Biden's EO. 
  • ARPA also included $50 million in grant funding for Clean Air Act pollution-related activities aimed at advancing the green agenda at the expense of the fossil fuel industry.
  • [/ol]On March 15, 2021,
    [ol]
  • Biden's Securities and Exchange Commission sought input regarding the possibility of a rule that would require hundreds of businesses to measure and disclose greenhouse gas emissions in a standardized way, hugely increasing the environmental costs of compliance and disincentivizing oil and gas production.
  • [/ol]On April 15, 2021,
    [ol]
  • The Federal Energy Regulatory Commission's policy statement outlines and effectively endorses how the agency would consider market rules proposed by regional grid operators that seek to incorporate a state-determined carbon price in organized wholesale electricity markets. This amounts to a de facto endorsement of a carbon tax that would be paid by everyday Americans in their utility bills. 
  • [/ol]On April 16, 2021, 
    [ol]
  • At Biden's Direction, Secretary of the Interior Deb Haaland revoked policies in Secretarial Order 3398 established by the Trump administration including rejecting "American Energy Independence" as a goal; 
  • rejecting an "America-First Offshore Energy Strategy;" 
  • rejecting "strengthening the Department of the Interior's Energy Portfolio;" 
  • and rejecting establishing the "Executive Committee for Expedited Permitting." These actions set the stage for the unprecedented slowdown in energy activity by the Interior Department, steward of 2.46 billion acres of federal mineral estate and all its energy and mineral resources.
  • [/ol]On April 22, 2021,
    [ol]
  • Biden issued the U.S. International Climate Finance Plan to funnel international financing toward green industries and away from oil and gas. 
  • [/ol]On April 27, 2021,
    [ol]
  • The Biden administration issued a 
    This is the hidden content, please
     in support of S.J. Res. 14 which rescinded a Trump-era rule that would have cut regulations on American energy production. 
  • [/ol]On April 28, 2021, 
    [ol]
  • Biden's EPA issued a 
    This is the hidden content, please
     that would propose to revoke a Trump-era action that revoked California's waiver for California's Advanced Clean Car Program (Light-Duty Vehicle Greenhouse Gas Emission Standards and Zero Emission Vehicle Requirements).
  • [/ol]On May 5, 2021,
    [ol]
  • This proposed Fish and Wildlife Service 
    This is the hidden content, please
     revokes a Trump administration rule and expands the definition of "incidental take" under the Migratory Bird Treaty Act (MBTA). The rule would impact energy production on federal lands, increasing regulatory burdens. 
  • [/ol]On May 20, 2021,
    [ol]
  • Biden issued an executive order on 
    This is the hidden content, please
     that would artificially increase regulatory burdens on the oil and gas industry by increasing the "risk" the federal government undertakes in doing business with them.
  • [/ol]On May 28, 2021,
    [ol]
  • This is the hidden content, please
     include nearly $150 billion in tax increases directly levied against the oil and gas energy producers. 
  • [/ol]On July 28, 2021,
    [ol]
  • This Department of Energy 
    This is the hidden content, please
     increases regulatory burdens on commercial building codes, requiring green energy codes to disincentivize natural gas and other energy sources. DOE readily admits they ignored efforts private industry is making on their own and utilized the questionable "social costs of carbon" to overstate the public benefit. 
  • The Executive Order also kicked off the development of more stringent long-term fuel efficiency and emissions standards, a backdoor way to compel the electrification of vehicles. 
  • [/ol]On August 11, 2021,
    [ol]
  • The White House 
    This is the hidden content, please
     from Jake Sullivan begging OPEC+ (OPEC plus Russia) to produce more oil.
  • [/ol]On September 3, 2021, 
    [ol]
  • Biden's Department of Transportation issued a 
    This is the hidden content, please
    that would update the Corporate Average Fuel Economy Standards for Model Years 20242026 Passenger Cars and Light Trucks to increase fuel economy regulations on passenger cars and light vehicles. The modeling calculated "fuel savings" by multiplying fuel price with 'avoided fuel costs' to disincentivize gasoline by making it more costly to afford ICE cars and trucks.
  • [/ol]On September 9, 2021,
    [ol]
  • NASA and the FAA launched a partnership to reduce "fuel use and harmful emissions" by 
    This is the hidden content, please
     to adopt elements of their green agenda. 
  • Department of Education's 
    This is the hidden content, please
     (CAP) includes efforts to incorporate the green agenda into as many guidance and policies as possible, effectively leveraging the department as an anti-fossil fuel propaganda tool. 
  • [/ol]On October 4, 2021,
    [ol]
  • The 
    This is the hidden content, please
     revoking Trump-era actions which eased burdensome regulations on energy action. 
  • [/ol]On October 7, 2021,
    [ol]
  • The Council on Environmental Quality 
    This is the hidden content, please
     Trump administration NEPA reforms that reduced regulatory burdens by reinstating tangential environmental impacts of proposed projects. 
  • Biden 
    This is the hidden content, please
     plans to designate the Northeast Canyons and Seamounts Marine National Monument, a move counter to Trump's reversal of a similar Obama-era proclamation. Trump aimed to allow energy exploration in the area to increase energy independence. 
  • The U.S. Department of Agriculture's (USDA) 
    This is the hidden content, please
     includes efforts to switch fuel away from oil and natural gas and subsidize more costly, less efficient fuel sources. 
  • As part of its 
    This is the hidden content, please
    , EPA intends to incorporate Biden's Green New Deal agenda throughout its rulemaking process. 
  • [/ol]On October 21, 2021,
    [ol]
  • This 
    This is the hidden content, please
     paints climate change, and therefore oil and gas producers, as a "risk to financial stability." The report recommended the "climate disclosures" later set forth by the Biden administration. 
  • [/ol]On October 28, 2021,
    [ol]
  • Rep. Rho Khanna 
    This is the hidden content, please
     oil CEOs about why they were increasing production as their 'European Counterparts' were lowering their own.
  • [/ol]On October 29, 2021, 
    [ol]
  • The Bureau of Land Management announced the use of 
    This is the hidden content, please
     for oil and gas drilling. This devalues the economic benefits of energy production on federal lands.
  • [/ol]On October 30, 2021, 
    [ol]
  • The Department of Labor issued a final 
    This is the hidden content, please
     that would require fiduciaries to consider the economic effects of climate change and other so-called environmental, social and governance (ESG) factors when evaluating funds for retirement plans. The rule would strongly encourage fiduciaries to draw capital from domestic energy development in oil and natural gas to renewables.
  • [/ol]On November 2, 2021, 
    [ol]
  • The Biden administration led a "
    This is the hidden content, please
    " to reduce global methane emissions by 30 percent by 2030. Neither Russia nor China signed the pledge, increasing the world's reliance on these two countries for energy-related imports and disadvantaging the U.S. oil and natural gas industry, as well as large consumers of energy such as industrial manufacturing and agriculture.
  • [/ol]On November 4, 2021, 
    [ol]
  • Biden 
    This is the hidden content, please
     to "ending fossil fuel financing abroad," targeting the global fossil fuel industry, thereby disadvantaging them, which increases global oil and gas prices. Further, key countries, like China, did not sign the pledge, so the pledge harms signatories while empowering adversaries. This is another case of unilateral economic and energy disarmament. 
  • [/ol]On November 5, 2021,
    [ol]
  • Biden Energy Sec. Granholm 
    This is the hidden content, please
     about boosting oil production.
  • [/ol]On November 12, 2021,
    [ol]
  • New Source Review: These broad, overreaching regulations target new, modified, and reconstructed oil and natural gas sources, and would require states to reduce methane emissions from hundreds of thousands of existing sources nationwide for the first time. The Proposed Rule follows the President's Day 1 Climate EO and the passage of the S.J. Res. 14, a CRA rescinding Trump-era energy independence policies. The proposed rule spends several paragraphs dismissing the effects of the rule on the oil and gas industry and misleadingly applies its effects on the industry to only the "140,000" (an underestimate of the over 220,000) employees directly involved in extraction. This means it ignores the nearly 10 million other people working in the oil and gas industry and the impacts to the oil and gas economy more broadly. 
  • [/ol]On November 15, 2021, 
    [ol]
  • Biden's Interior Department 
    This is the hidden content, please
     plans to withdraw Chaco Canyon from oil and gas drilling for 20 years.
  • The Biden administration nominated Saule Omarova to serve as Comptroller of the Currency. Omarova's 
    This is the hidden content, please
     "A lot of the smaller players in [the fossil fuel] industry are going to, probably, go bankrupt in short orderat least, we want them to go bankrupt if we want to tackle climate change," she said. 
  • [/ol]On November 17, 2021,
    [ol]
  • HUD's CAP leverages the Community Development Block Grant to advance 'environmental justice' efforts. 
  • Biden 
    This is the hidden content, please
     to probe "anti-consumer behavior" by energy companies.
  • [/ol]On November 19, 2021, 
    [ol]
  • Biden endorsed several oil and gas provisions in the Build Back Better Bill, including a new tax on methane, of up to $1500 per ton; 
  • prohibiting energy production in the Arctic and offshore leasing on the Outer Continental Shelf (OCS) in the Atlantic, Pacific and Eastern Gulf of Mexico Planning Areas; 
  • increased fees and royalties for onshore and offshore oil and gas production; 
  • a new $8 billion tax on companies that produce, process, transmit or store oil and natural gas starting in 2023; 
  • limited ability of energy producers to claim tax credits for upfront and royalty payments in foreign countries amounting to a tax increase on domestic energy producers; 
  • and a 16.4 cent tax on each barrel on crude oil up from 9.7 cents a $13 billion tax increase on oil production.
  • [/ol]On November 26, 2021, 
    [ol]
  • Biden's Interior Department issued its report on the Federal Oil and Gas Leasing Program includes recommendations to raise rents and 
    This is the hidden content, please
     rates on oil and gas producers, even though federal energy production already lags that from state and private lands.
  • [/ol]On December 14, 2021,
    [ol]
  • The EPA 
    This is the hidden content, please
     of its Office of Civil Rights to add so-called environmental justice enforcement as a key pillar in enforcing Title VI civil rights complaints. The agency's announcements mean social justice claims against, among others, the oil and gas industry will increase costs and penalties that have specious connections to its environmental mission. 
  • [/ol]On December 21, 2021, 
    [ol]
  • Biden's Department of Transportation issued its 
    This is the hidden content, please
    revoking Trump-era actions which prevented California from arbitrarily becoming the national standard for fuel emissions. The rule set the stage for the administration to reinstate California's waiver, and, since automakers do not make different cars for different states, the rule would allow California's radical environmental policies to reach nationwide, forcing people nationwide to pay for vehicles meeting California's standards. 
  • [/ol]On December 30, 2021,
    [ol]
  • Biden's EPA issued its 
    This is the hidden content, please
     for increased "fuel efficiency standards." According to the Final Rule, "These standards are the strongest vehicle emissions standards ever established for the light-duty vehicle sector. The rule, in responding to comments, claims "energy security benefits to the U.S. from decreased exposure to volatile world oil prices" suggesting that decreasing oil and gas production in the U.S. will result in less exposure to the international oil and gas market because they will be disincentivizing vehicles that use oil and gas. The rule also claims that it will result in "fuel savings" entirely due to less use of fuel.
  • [/ol]On January 13, 2022,
    [ol]
  • DOE announced 
    This is the hidden content, please
     to hire 1,000 staffers for their Clean Energy Corps, a group of staff dedicated to Biden's promise to destroy fossil fuels. 
  • [/ol]On January 14, 2022,
    [ol]
  • Biden nominated Sarah Raskin to serve as Vice Chair of the Federal Reserve. She was deemed so radical on her belief that fed policy should be dictated by environmental policy that she gained a bipartisan opposition and had to withdraw her nomination.
  • [/ol]On February 9, 2022, 
    [ol]
  • A proposed rule on 
    This is the hidden content, please
     would revoke a Trump-era rule that cut red tape on coal and oil-fired power generators 
    This is the hidden content, please
    . This would effectively reinstate Obama-era regulations which sought to increase regulations on coal and oil-fired power plants.
  • [/ol]On February 18, 2022,
    [ol]
  • This is the hidden content, please
     for assessing proposed natural gas pipelines, adding new considerations for landowners, environmental justice communities, and other factors. In a separate but related decision, the commission also laid out a framework for evaluating projects' greenhouse gas emissions.
  • [/ol]On February 21, 2022, 
    [ol]
  • The Biden 
    This is the hidden content, please
     paused working all new oil and gas leases on Federal land in response to a judge blocking their arbitrary use of social costs of carbon, unnecessarily hurting domestic oil and gas production. 
  • [/ol]On February 28, 2022, 
    [ol]
  • The 
    This is the hidden content, please
     would expand federal emissions regulations over a wider geographic region and over a wider array of sources, including the gathering, boosting and transmission segments of the oil and gas sector. Integral energy production states like Nevada, Utah and Wyoming would be required to jump through more red tape.
  • [/ol]On March 1, 2022,
    [ol]
  • Refusal To Appeal adverse leasing court decision: The Biden administration refused to appeal an unprecedented decision to vacate an offshore oil and gas leasing sale held in November 2021. This means under Biden, the U.S. has not held one successful lease sale offshore. 
  • Certification of New Interstate Natural Gas Facilities: This policy statement increases climate change regulations for new interstate natural gas facilities. 
  • [/ol]On March 8, 2022,
    [ol]
  • President Biden tried to deflect from his anti-energy record saying there are 
    This is the hidden content, please
     on federal lands without current drilling. This is true and it's also true that this is the lowest percentage of unused leases in at least 20 years in other words, lease utilization is at a multi-decade high.
  • [/ol]On March 9, 2022,
    [ol]
  • EPA Reinstates California Emissions Waiver: The EPA reinstated California's emissions waivers, allowing the state to set its own greenhouse gas emissions standards, standards which will likely be adopted nationwide and are sure to make vehicles more expensive. The practical effect is that California is setting policy for people in all the other states despite their terrible record of energy inflation.
  • [/ol]On March 11, 2022,
    [ol]
  • Natural Gas Infrastructure Project Reviews: This interim regulation will increase the regulatory burden on natural gas facilities by, among other things, requiring climate change impacts be considered when determining whether a project is in the public interest.
  • [/ol]On March 16, 2022,
    [ol]
  • Doubling Down on Social Costs of Carbon: The 5th Circuit Court of Appeals reinstated the dubious social costs of carbon metric which had been rejected by another court by issuing a stay on the lower court's ruling. The ruling itself cast doubt on the lower court's ruling. The Biden administration argued against the lower court's ruling to reinstate the SCC metric. The Social Cost of Carbon is a "made-up" number designed to make any hydrocarbon project in the U.S. more expensive. It is an "end-around" the politically difficult carbon tax most of the Green Establishment supports. 
  • [/ol]March 21, 2022,
    [ol]
  • SEC Proposed Rule on Mandatory Climate Disclosures: The SEC's proposed rule would require public companies to disclose greenhouse gas emissions 
  • and their exposure to climate change. This rule would massively increase so-called environmental costs of compliance and, in tandem with so-called social costs of carbon, artificially disincentivizing oil and gas production. 
  • [/ol]March 28, 2022,
    [ol]
  • Army Corps of Engineers' Review of its Nationwide Permit 12 for Oil or Natural Gas Pipeline Activities: The corps announced it would be reviewing NWP 12 late last month as part of Biden's day-1 executive order on climate change mandating all federal agencies ensure their work is in line with its climate and environmental objectives. The review is part of a long list of actions that confuse and delay permitting for critical infrastructure. This makes pipelines harder to build and improve in the U.S.
  • [/ol]March 30, 2022
    [ol]
  • Environmental Justice Advisory Council Meeting: The WHEJAC will hold its first two meetings to, among other things, advance Green New Deal priorities including "environmental justice and pollution reduction, energy, climate change mitigation and resiliency, environmental health, and racial inequity."
  • [/ol]March 31, 2022
    [ol]
  • Biden wants to penalize oil companies with unused leases: President Biden called on Congress to pass legislation enacting "use it or lose it" fines on wells that oil companies have leased from the federal government but have not used in years and "on acres of public lands that they are hoarding without producing… Companies that are producing from their leased acres and existing wells will not face higher fees." The extra fees on federally leased land are on top of rents that the oil companies pay to hold the leases, "bonus bids" paid by the winning bidder at lease sales and the fact that 66 percent of federal leases are currently producing oil. This is simply a deflection from the Biden administration's war on affordable North American energy supplies. 
  • Biden's Budget Contains More Anti-Oil Proposals: President Biden's budget for the fiscal year 2023 is $5.8 trillion. It contains large amounts of climate spending and anti-oil and gas policies that did not get passed in his Build Back Better bill last year. 
  • Biden is seeking $50 billion for programs to address climate change, 
  • including $18 billion to build the U.S. government's resilience to climate change, 
  • $3.3 billion in funding for clean energy projects and at least $20 million for a new "Civilian Climate Corps." 
  • To help pay for the increased climate spending, Biden is asking Congress to eliminate tax provisions that aid domestic energy production, 
  • including tax deductions for intangible drilling costs and low-production wells that enable small producers in the United States to produce oil. Removing these deductions will lower domestic output while further raising already high oil and gasoline prices.
  • [/ol]April 5, 2022,
    [ol]
  • Biden's Department of Energy Office of Fossil Energy and Carbon Management releases a "Strategic Vision" with no discussion of increasing domestic fossil energy production: The Department of Energy is statutorily required to carry out research and development with "the goal of improving the efficiency, effectiveness, and environmental performance of fossil energy production, upgrading, conversion, and consumption." (42 USC 16291) However, the Biden Department of Energy has no interest in increasing fossil energy production. Despite the requirements of the law, the Strategic Vision is only about "Advancing Justice, Labor, and Engagement; Advancing Carbon Management Approaches toward Deep Decarbonization; and Advancing Technologies that Lead to Sustainable Energy Resources." 
  • [/ol]April 12, 2022,
    [ol]
  • Biden extended the availability of higher biofuels-blended gasoline during the summer to lower gasoline costs and to reduce reliance on foreign energy sources. The measure will allow Americans to buy E15, a gasoline blend that contains 15 percent ethanol from June 1 to September 15. Oil refiners are required to blend some ethanol into gasoline under a pair of laws, passed in 2005 and 2007, known as the Renewable Fuels Program, intended to lower the use of oil and greenhouse gas emissions and reduce dependency on foreign oil by mandating increased levels of ethanol in the nation's fuel mix every year. However, since the passage of the 2007 law, the mandate has been met with criticism that it has contributed to increased fuel prices and has done little to lower greenhouse gas emissions. With looming food shortages already acknowledged by President Biden, turning his back on domestic energy production while dedicating even more food to make energy inefficiently is not wise. 
  • [/ol]April 15, 2022,
    [ol]
  • Biden announced 144,000 acres of the federal mineral estate opened for oil and gas leasing just 0.00589 percent of the 2.46 billion acres the American people own.  
    This is the hidden content, please
    , "Today's action…was the result of a court injunction that we continue to appeal, and it's not in line with the president's policy, which is to ban additional leasing."
  • The administration announced it would resume leasing, but 
    This is the hidden content, please
    . 
  • Withdrawal of M-37046 and 
  • reinstatement of M37039: "The Bureau of Land Management's Authority to Address Impacts of its Land Use Authorizations Through Mitigation" The Interior Department reversed a Trump administration decision which limited the scope of "compensatory mitigation" the Department could force upon projects on federal land as a condition of receiving a permit, which will hit energy and mining projects especially hard. Under the new guidance, opponents in the federal government could require mitigation located far from the project with little relevance, effectively giving bureaucrats a blank check to request whatever they wish of a permit seeker with little controls. This decision was made less than a week after the 
    This is the hidden content, please
     that there were no controls or apparent records justifying previous versions of this program, and warned they may have to review the overall program again. This is a "3rd world" approach giving government officials the latitude to effectively deny a project by assessing "compensatory mitigation" so expensive as to make it uneconomic, or to fund their pet projects by extorting additional funds from a permit-seeker.
  • [/ol]April 19, 2022,
    [ol]
  • Biden Restores Climate to NEPA: The Biden administration completed reforms on how agencies implement the National Environmental Policy Act, effectively undoing one of the Trump administration's most important environmental regulatory rollbacks. This opens the door for officials to cook up whatever justification they desire to impede energy development under the guise of NEPA. 
  • [/ol]April 20, 2022,
    [ol]
  • This is the hidden content, please
    that "President Biden remains absolutely committed to not moving forward with additional drilling on public lands."
  • [/ol]April 21, 2022,
    [ol]
  • This is the hidden content, please
    . He said, "We have to put the industry on notice: You've got six years, eight years, no more than 10 years or so, within which you've got to come up with a means by which you're going to capture, and if you're not capturing, then we have to deploy alternative sources of energy." Repeated statements like this from administration officials tell investors not to sponsor energy investments in the U.S., since it implies the use of those energy sources will be limited by the government. 
  • [/ol]April 25, 2022,
    [ol]
  • Biden reverses Trump's Alaska oil plan: The Biden administration released a management plan for the National Petroleum Reserve Alaska, an Indiana-sized area reserved for oil and gas leasing. The final decision reverses a Trump-era plan that had opened most of the reserve to oil and gas leasing and withdraws some of the most prospective oil and gas areas from consideration. 
  • [/ol]On April 28, 2022,
    [ol]
  • The Biden administration admitted to using faulty modeling which overestimated wildlife effects, 
    This is the hidden content, please
    .
  • [/ol]On May 18, 2022,
    [ol]
  • The Biden administration announced they 
    This is the hidden content, please
     a lease sale of over one million acres in the Cook Inlet in Alaska.
  • At the same time, the Biden administration announced they were canceling 
    This is the hidden content, please
     in the Gulf of Mexico.
  • [/ol]On May 19, 2022,
    [ol]
  • This is the hidden content, please
     is named the "Consumer Fuel Price Gouging Prevention Act," and it would give the President vast powers to set price controls by executive fiat. If passed, this legislation will cause even more harm to American energy consumers. Price controls don't work, and our experience during the gas lines of the 1970s should remind us that price controls will lead to shortages
  • This is the hidden content, please
     is a similar "price gouging" bill taken up in the Senate.
  • [/ol]
Link to comment
Share on other sites
Chester86

Chester86

Posted
Posted

Preach brother, you are 100% correct.  If us low to medium income peasants would only get with the program and buy EV’s the world would be so much better.  The Golden Triangle would have to be renamed - because we will be the new Detroit.  All we need to do is continue to give up our freedoms and let the wholesome, kind-hearted government take care of us.  

Link to comment
Share on other sites
Unwoke

Unwoke

Posted
Posted
6 hours ago, Chester86 said:

Preach brother, you are 100% correct.  If us low to medium income peasants would only get with the program and buy EV’s the world would be so much better.  The Golden Triangle would have to be renamed - because we will be the new Detroit.  All we need to do is continue to give up our freedoms and let the wholesome, kind-hearted government take care of us.  

The government is just here to help….😂😂

Link to comment
Share on other sites
Reagan

Reagan

Posted
Posted

BIDEN’S ECONOMIC CRISIS BY THE NUMBERS: 

Inflation is a tax on ALL Americans. 

In May, the CPI increased 8.6% for the 12 months ending May, the largest 12-month increase since the period ending December 1981.

Wages are not keeping up with inflation, and have actually DECREASED, while prices for goods have risen.

Real wages are down nearly 4% from the beginning of the Biden Administration.

Real average hourly earnings decreased 3.0%, seasonally adjusted, from May 2021 to May 2022.

Under Biden, real wages have decreased under Biden 10 out of the last 12 months.

Americans are paying more for just about everything because of inflation: 

Fuel oil is UP 106.7%

Airline fares are UP 37.8%

Eggs are UP 32.2%

Public transportation is UP 26.3%

Hotel and motel lodging are UP 22.2%

Butter and margarine are UP 20.2%

Fresh and frozen chicken parts are UP 19.3%

Energy services are UP 16.2%

Used cars and trucks are UP 16.1%

Citrus fruits are UP 16.1%

Milk is UP 15.9%

Bacon is UP 15.6%

Roasted coffee is UP 15.6%

Frozen fish and seafood are UP 14.0%

Flour is UP 13.7%

Pork is UP 13.3%

Baby food is UP 12.9%

New vehicles are UP 12.6%

Beef and veal are UP 10.2%

Link to comment
Share on other sites
Separation Scientist

Separation Scientist

Posted
Posted
On 6/10/2022 at 10:21 PM, 45thAND46thSucks said:

Inflation is due to both parties spending and instead of our kids paying for it it's coming back to haunt us now.. Biden this biden that is BS... if R's take over both houses and win presidency in 2024 they'll be the ones to blame for everything... like a game back and forth 

Trump had zero inflation (above the desired 2% target).

This is the hidden content, please

Scroll down and take a close look at that chart. Notice the Trump years, then take a CLOSE look where the spike occurred.  January 20, 2021.

 

 

 

 

Link to comment
Share on other sites
Boyz N Da Hood

Boyz N Da Hood

Posted
Posted
10 minutes ago, Separation Scientist said:

Trump had zero inflation (above the desired 2% target).

This is the hidden content, please

Scroll down and take a close look at that chart. Notice the Trump years, then take a CLOSE look where the spike occurred.  January 20, 2021.

 

 

 

 

Please tell me your joking right? Hell obama had low inflation

You don't get inflation in a days time, it takes a while for all the spending to catch up with you... the economy was shutdown in 2019 and 2020 under a R presidency and the effects are coming now... to much supply and demand 

Ppl on here act real clueless! It wouldn't have mattered if Conald won again our everyday lives was going to change due to covid! I understand a D is in control now and the party in power usually gets the blame... R's will take both houses in Nov and nothing will change, inflation will stay high as well as gas.. this is basic knowledge 

Ppl on here love to say vote R, off topic I just saw where 10 R's are backing bipartisanship gun laws... go figure 

Yeah I know RINO's

Link to comment
Share on other sites
Separation Scientist

Separation Scientist

Posted
Posted
6 minutes ago, 45thAND46thSucks said:

Please tell me your joking right? Hell obama had low inflation

You don't get inflation in a days time,

You need to reread PhatMacks post at the top of this thread. JANUARY 20, 2021, the 'big guys" first official act was to KILL Keystone XL pipeline. The markets, and inflation responded by beginning the SPIKE immediately. It took 1.5 years for inflation to get as bad as it is now. Don't even try "Putin" either.  Inflation was raging before "Putin" was used an excuse. I hope the Dim voters love their $5 gas and sky high food bills.  

Link to comment
Share on other sites
Boyz N Da Hood

Boyz N Da Hood

Posted
Posted
7 minutes ago, Separation Scientist said:

You need to reread PhatMacks post at the top of this thread. JANUARY 20, 2021, the 'big guys" first official act was to KILL Keystone XL pipeline. The markets, and inflation responded by beginning the SPIKE immediately. It took 1.5 years for inflation to get as bad as it is now. Don't even try "Putin" either.  Inflation was raging before "Putin" was used an excuse. I hope the Dim voters love their $5 gas and sky high food bills.  

Free market and capitalism at its finest

Link to comment
Share on other sites
Reagan

Reagan

Posted
Posted
50 minutes ago, 45thAND46thSucks said:

Please tell me your joking right? Hell obama had low inflation

You don't get inflation in a days time, it takes a while for all the spending to catch up with you... the economy was shutdown in 2019 and 2020 under a R presidency and the effects are coming now... to much supply and demand 

Ppl on here act real clueless! It wouldn't have mattered if Conald won again our everyday lives was going to change due to covid! I understand a D is in control now and the party in power usually gets the blame... R's will take both houses in Nov and nothing will change, inflation will stay high as well as gas.. this is basic knowledge 

Ppl on here love to say vote R, off topic I just saw where 10 R's are backing bipartisanship gun laws... go figure 

Yeah I know RINO's

Get over it!  JoeBama owns it!  And the commie Dems will pay for it!

Link to comment
Share on other sites
Separation Scientist

Separation Scientist

Posted
Posted
1 hour ago, 45thAND46thSucks said:

Free market and capitalism at its finest

Nothing "free market" about trying to KILL OFF an American industry, and send dollars to our enemies like Venezuela and Iran. 

Even you can't be stupid enough to try and spin killing an American industry as FRRE MARKET Capitalism. Its the exact opposite.  

Huge fail. Try again.  

Link to comment
Share on other sites
Boyz N Da Hood

Boyz N Da Hood

Posted
Posted
1 hour ago, Separation Scientist said:

Nothing "free market" about trying to KILL OFF an American industry, and send dollars to our enemies like Venezuela and Iran. 

Even you can't be stupid enough to try and spin killing an American industry as FRRE MARKET Capitalism. Its the exact opposite.  

Huge fail. Try again.  

Ok, stay clueless 

Killed a Canadian pipeline 

"Free market and capitalism" on all the goods that have been price increased...

Lumber and other materials raised prices in 2019, I know that was bidens fault also... 

Most ppl know inflation is due to both parties spending over the years, but there's still sheep listening to tucker and hannity

Link to comment
Share on other sites
Reagan

Reagan

Posted
Posted
13 minutes ago, 45thAND46thSucks said:

Ok, stay clueless 

Killed a Canadian pipeline 

"Free market and capitalism" on all the goods that have been price increased...

Lumber and other materials raised prices in 2019, I know that was bidens fault also... 

Most ppl know inflation is due to both parties spending over the years, but there's still sheep listening to tucker and hannity

If JoeBama would have kept all of Trumps policies we would not be in this mess today!  So -- JoeBama owns all of it!

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
 Share
Go to topic listing

  • Member Statistics

    45,955
    Total Members
    1,837
    Most Online
    jacobmartin
    Newest Member
    jacobmartin
    Joined


×
×
  • Create New...