Reply to $7/gallon gas is coming

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][img]https://pbs.twimg.com/media/FTJL8zrUEAIW7iE?format=jpg&name=large[/img][/quote]

Ah yes, the ole “quick pass a message..er, I mean bill…that will do nothing that we claim it will” move. Wowza no one saw that one coming! Surely people will think the party who passed the “oil and gas price gouging bill” has nothing to do with gas prices now! Good one dems, you’ll definitely win in November! If you cross your fingers really really hard. [/quote]

What would have the Dems do? Really? Oil prices are through the roof because of the war in Ukraine.  It’s a global market. The domestic market is still ramping up from the last crash. It takes times for oil companies to reopen wells that were closed because the price per barrel was below their profitability level. And inflation generally? Yeah it’s high and it sucks. But this isn’t all because of Biden. Admittedly his spending last year on the child tax credit fueled inflation than other countries but it’s not much higher than other countries. Let’s recall when he was trying to jumpstart the economy due to COVID and avoid a deflationary environment similar to the one following the Great Recession. It worked. Too well.

Build Back Better is dead. His spending plans outside of foreign aid to Ukraine are dead. So what would have him do? He doesn’t control market prices for oil or supply constraints due to COVID. Oh and get ready for higher food prices because of the Ukrainian war. Those wheat fields ain’t getting planted. It’s coming. But short of appeasing a dictator and the Fed raising rates, I don’t know what else you’d have him do. I’m a Dem and see the writing on the wall. It’s on his watch and the Dems are going to get destroyed this fall. However, I don’t see many easy solutions to these problems (and don’t for a sec think the Keystone Pipeline or the border are the reasons for high energy prices. That project was years away from being complete. Immigration would actually stabilize wages.)[/quote]

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