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Soaring inflation rate under the Biden administration
#29
(10-08-2021, 05:23 PM)Cardfan1 Wrote:
(10-08-2021, 02:26 PM)The Outsider Wrote: Gas prices have risen mainly due to refinery issues, plus OPEC and Russia decreased productionin 2021, so yes it is supply and demand.  It definitely has nothing to do with the Keystone Pipeline.

Don’t bother.

It’s all Biden’s fault Trump is the gassiest gas President Big Grin 

he brings all the oil companies heel.  they sacrifice all those billions in profits in the face of the Orange wonder.

Right, 'don't bother.' These guys deal with facts and reality so, you're never going to get through to them.

Remember Ol Joe's first day in office? First he canceled the Keystone Pipeline costing US taxpayers billions of dollars on an ongoing basis, and thousands of good paying jobs. Second was the so-called 'temporary' suspension of fracking on Federal lands.

https://www.reuters.com/article/us-usa-d...SKBN29Q2N1
January 21, 2021
By Nichola Groom, Jennifer Hiller
(Reuters) -"U.S. President Joe Biden’s administration has temporarily suspended oil and gas permitting on federal lands and waters in the latest of a series of rapid-fire orders aimed at fighting climate change and tamping down the U.S. fossil fuel industry.

The order appeared to be a first step in delivering on newly sworn-in Biden’s campaign pledge to permanently ban new drilling on federal acreage. Federal leases account for close to 25% of the nation’s crude oil output, making them a big contributor to energy supply"
END ARTICLE EXCERPT--------------------------------------------------------------------------------------------------

As I have endeavored to point out on numerous occasions; the renewables energy industry accounts for a minuscule 3% of America's energy consumption. (Which 3% would be a much smaller number than even 3% if one takes hydroelectric power generation out of the equation) And the symbolism of the president's first action being the shut down of Keystone was not lost on those not awash on the koo-laid. Or liberal monkey puke if you prefer.
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RE: Soaring inflation rate under the Biden administration - by TheRealThing - 10-10-2021, 09:27 PM

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