US US Politics General - Discussion of President Biden and other politicians

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Blacklight said:
Which is it? Either Presidents CAN affect gas prices, or they CAN'T. You don't get to fucking have it both ways.
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Gas went up BEFORE this Russian fiasco happened. Literally a week after Biden was elected. If something is worth a lot and there's not much of it, prices would naturally increase.
 
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Random Internet Person said:
I get supply and demand, but isn’t the issue that the prices went up like a runaway train after every crucial moment?
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Oil prices (Brent crude and West [best] Texas Intermediate) were at negative dollars/bbl once Covid started crunchin stuff. I remember a couple crews from the outfit I work for who were working out in the oil patch (on non-oil related stuff) were saying how all the roughnecks and rig hands basically dragged up and left for a bit.

The powers that shouldn’t be have been doing some fucky stuff with the economy and Covid gave them the perfect excuse.
 
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draggs said:
Nothing has passed. There is no draft bill, no votes have been taken in either chamber
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True but it is viewed as inevitable to pass now. But thank you for the point of order since I should not mix expected results with actual results in language. Still, it is all but inevitable. The ten Republicans in the senate being on board makes filibustering impossible. Unless one peels off it cannot be stopped.
 
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Gehenna said:
I am personally keeping out an eye for if any announce retirement because I suspect this one was a more direct example of bribery,
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Any retirees will come out from those up for reelection in 2026. The dudes who are up this year that signed on are all dipping after the midterms.

Mostly important, this shit was controlled; the one senator who seems game for something like this, Murkowski, didn't sign on. Guess the some people want to keep her safe from her primary challenger.
 
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Gehenna said:
True but it is viewed as inevitable to pass now. But thank you for the point of order since I should not mix expected results with actual results in language. Still, it is all but inevitable. The ten Republicans in the senate being on board makes filibustering impossible. Unless one peels off it cannot be stopped.
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The salami gets sliced once more. Maybe the GOP will finally figure it out, but at this point I'm more inclined to think they are in on it.

I'd like to hear how Manchin is going to explain this. The only reason he has been able to keep his seat is that he brings home the pork for West Virginia. Now he's forcing his state to sign up for laws that they don't want to pass at the risk of losing federal money in the future. I would ask the same about Romney but LOL Mormons.
 
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Gehenna said:
There is a saying I feel the Democrats were ignorant of.

"Who draws his sword against his prince, must throw away the scabbard" ~Thomas Fuller.

If you decide to unseat the king you don't get to continue on as normal. Win or lose you have locked yourself into the fight until one or both of you cease to exist. They took aim at the king, unseated him... but did not -kill- him. And now they are locked into an All-In stance with all their policies because the king now is doing all he can to fulfil his end of the making one side not exist.


It passing came as a surprise... and not a good one. But it does not appear to be Mitch cucking. exactly 10 republicans went for it, all with known RINO tendencies. I am personally keeping out an eye for if any announce retirement because I suspect this one was a more direct example of bribery,
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Lets say that Trump does win in 2024, and the people counting the vote let him actually take office. Do you think he'll actually go scorched earth? Do you think the GOP will allow him? Or are we looking at Trump maybe instead working on building up the MAGA movement to replace the RINOs/GOPe as his legacy?
 
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Random Internet Person said:
I get supply and demand, but isn’t the issue that the prices went up like a runaway train after every crucial moment?
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It was already well on its way, analysts were predicting the potential of 5+ dollar a gallon gasoline before the war even started. Biden had been canceling and freezing leases on government land. After he started emptying our strategic reserves the first time, he brilliantly went and froze all oil and natural gas work on the land where a majority of our strategic reserves come from. He then went and nearly depleted our reserves to save a 10 or so cents for a few weeks before the cost of gas spiked again in May. It isn't just one thing that is causing the spike of gas, it is a long line of horrible decisions that ended with the US banning Russian oil, which wouldn't have hurt nearly as hard if we didn't make stupid energy choices for a year and a half now.
 
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The Fed raised the interest rate again into a recession and people are talking about it being in the 3s by the end of the year. The economy is so fucked if they do this but its also kinda fucked if they don't? Either way, we're fucked!
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So much for being the third term of Obama. No more ZIRP from Yellen and Powell, lol. HIP, Hikes Into Perpetuity!
 
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The Last Stand said:
I'm sure the war going on contributed to it. I just have a hard time believing that the oil companies have complete control over prices.
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It's pretty simplistic though isn't it? America was one of the top oil exporters there for a bit due to fracking and shit, to the point that we were doing the pipeline shit for related reasons.

Not only did we shut down the pipeline, not only did we stop fracking, but we also decided to halfass a sanction on Russia's Oil, another one of the top oil exporters.

So not only did Supply careen off a cliff, Demand also got fucking skyrocketed due to us changing from an exporter to an importer refusing one of the top supply... chains?
 
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CarlosDanger said:
It was already well on its way, analysts were predicting the potential of 5+ dollar a gallon gasoline before the war even started. Biden had been canceling and freezing leases on government land. After he started emptying our strategic reserves the first time, he brilliantly went and froze all oil and natural gas work on the land where a majority of our strategic reserves come from. He then went and nearly depleted our reserves to save a 10 or so cents for a few weeks before the cost of gas spiked again in May. It isn't just one thing that is causing the spike of gas, it is a long line of horrible decisions that ended with the US banning Russian oil, which wouldn't have hurt nearly as hard if we didn't make stupid energy choices for a year and a half now.
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yep,

They cancled keystone for political capital then, because demand went down during the pandemic alot of extraction shut down.

Now we have a double whammy of increased money supply, increased demand, decreased production, the house of saud...yeah it no wonder shit is fucked.

Remember the inflation was "transitory" because we just needed to let oil production get delt with.
 
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