Sunday, May 29, 2022

Twitter: Don't Expect President Biden To Affect Garsoline Prices -- There Is No Plan B -- May 29, 2022

Once he Keystoned American consumers, the writing was on the wall: record high gasoline prices and no way to lower them.

It still blows me away that Americans think the high cost of oil is due to Putin's War. LOL. Ukraine is not known for refining oil.

Link here to twitter

President Biden is scrambling to lower gas prices ahead of the midterm elections, but he has few tools to do so. US gas prices have hit records, and the strategic petroleum release won't be able to bring them down. "There are very few tools the US administration has because the biggest driver for gasoline prices are driven by global fundamentals," a top analyst told Market Insider.

An 11-part tweet. Well worth the read, if nothing else to see the photos. The 11-part tweet never once mentions the Keystone XL, the defining moment of the Biden administration with regard to energy.

The sixes and sevens of the Biden administration on US energy.  

2 comments:

  1. Dirty little secret the press isnt talking about is the fsct that the latest release from the reserve went overseas.
    Yeah, thats gonna our prices, for sure.
    Something tells me that might even be illegal- But when has that stopped anyone in DC?

    ReplyDelete
    Replies
    1. Yes, I certainly don't understand Biden's "strategy." I doubt he does either. LOL.

      Delete

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