Reply to $7/gallon gas is coming

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is part of the plan.  He *wants* high prices.

[twitter]https://twitter.com/FoxNews/status/1528904138834182147[/twitter]

President Biden said that the country is going through an "incredible transition" away from fossil fuels via the high gas prices being experienced nationwide.

Biden made the statement on gas prices during a joint press conference with Japan Prime Minister Fumio Kishida on Monday.

"Here’s the situation.  And when it comes to the gas prices, we’re going through an incredible transition that is taking place that, God willing, when it’s over, we’ll be stronger and the world will be stronger and less reliant on fossil fuels when this is over," Biden said, seeming to justify or praise those sky-high prices Americans face at the pump.[/quote]

Higher gas prices are literally inevitable. A finite resource that is in high demand from a growing population of billions of humans can only ever lead to steadily increasing prices. Transitioning away from oil is an obvious necessity. Why can’t you see that?  [/quote]

The first thing Biden did was put the Keystone pipeline off the table. He created this deliberately.[/quote]

That pipeline wouldn’t even be operational by now. It’s absence has not affected prices at the pump.[/quote]

I do not believe you have even the most basic understanding of economics or commodities.

Biden’s decision to cancel the KeystoneXL permits immediately spiked gasoline prices higher, and they have only increased from there.[/quote]

You're totally right. Today's gas prices have absolutely nothing to do with increased global demand, supply chain kinks, or sanctions on Russia.[/quote]

This KXL rhetoric is complete BS.  There ALREADY IS a Keystone pipeline flowing tar sands oil from Canada.  KXL is an additional bypass pipeline and wouldn't affect oil prices as it would take YEARS for KXL to change supply.  Not to mention that most of that tar sands oil it would carry is not for domestic consumption, it's poor-grade oil that is of such bad quality that it can only be refined in a handful of refineries in the world, which is why it gets shipped across the US.  And it cannot be refined to produce many of the high-demand products America needs.  Most of the KXL tar sands oil would be for EXPORT.[/quote]

Exactly. The idea that new oil leases today would alleviate oil prices today is a total joke. It takes decades to implement and the conventional wisdom is that electric cars and other technologies will mitigate the demand such that there is no point in having the leases in the first place.[/quote]

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