High Gas Prices? Putin and Trump Did That!

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Back in 2020 when oil prices were dirt cheap, Trump called up his buddy, Prince Mohammed Bin Salman of Saudi Arabia, and essentially threatened that if MBS didn’t cut production (and thus raise worldwide oil prices, which would help out Putin and US petrobillionaires) the United States would reconsider its seven-decade-long military support for the kingdom.

Thus, in the last year of his presidency, Trump oversaw the worldwide cuts in oil production that would lead to today’s prices soaring well past $130 a barrel.

www.rawstory.com

Exposed: The Trump, Putin and Saudi connection to high gas prices

It was a double-whammy for two of then-President Donald Trump’s biggest patrons, Vladimir Putin and American fossil-fuel billionaires and their industry: the price of oil was too damn low.Between the pandemic-induced collapse in demand for oil and the price war Saudi Arabia was then fighting...
www.rawstory.com www.rawstory.com

Then Putin invaded Ukraine, both of which are major producers of oil, thus driving the price up even higher:

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marke said:
Obama started the mess by shutting down coal for the benefit of his Muslim OPEC friends.
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Nope, wrong again as you so often are. Coal is in decline largely because American electricity producers have switched to cheaper, cleaner-burning natural gas to produce electricity:

The decline of U.S. coal production in 2020 was largely the result of less demand for coal internationally and less U.S. electric power sector demand for coal. Lower natural gas prices made coal less competitive for power generation. U.S. coal-fired generation fell 20% from 2019.

www.eia.gov

In 2020, U.S. coal production fell to its lowest level since 1965 - U.S. Energy Information Administration (EIA)

www.eia.gov www.eia.gov

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marke

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Nope, wrong again as you so often are. Coal is in decline largely because American electricity producers have switched to cheaper, cleaner-burning natural gas to produce electricity:

The decline of U.S. coal production in 2020 was largely the result of less demand for coal internationally and less U.S. electric power sector demand for coal. Lower natural gas prices made coal less competitive for power generation. U.S. coal-fired generation fell 20% from 2019.

www.eia.gov

In 2020, U.S. coal production fell to its lowest level since 1965 - U.S. Energy Information Administration (EIA)

www.eia.gov www.eia.gov

Would you like to try again?
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Democrat-driven government regulations have had the effect of shutting down nuclear plants and coal plants whether by design or unintentionally. Biden's shuttering of gas and oil production has had the effect of raising gas prices in the US whether that was his intention or not.
 
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marke said:
Democrat-driven government regulations have had the effect of shutting down nuclear plants and coal plants whether by design or unintentionally. Biden's shuttering of gas and oil production has had the effect of raising gas prices in the US whether that was his intention or not.
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You seem to be unable to understand that natural gas is cheaper, more plentiful, and less polluting than coal, which is why energy companies have switched to burning natural gas rather than coal in order to produce electricity throughout the country, and that is why the coal industry is in decline. What part of that don't you understand?
 
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marke

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You seem to be unable to understand that natural gas is cheaper, more plentiful, and less polluting than coal, which is why energy companies have switched to burning natural gas rather than coal in order to produce electricity throughout the country, and that is why the coal industry is in decline. What part of that don't you understand?
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The US government is grinding down fossil fuel mining and distribution in America and that is causing the price of gas at the opumpto skyrocket. Those who cannot understand that fact are mentally challenged.


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marke

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Except it didn't and it isn't.
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Biden is causing the problem he does not know is a problem, does not know what caused the problem, and does not know how to fix the problem.
But one thing he always seems to know is that he is not responsible for causing the problem and it is not his job tyo fix the problem he does not know needs fixing.


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marke said:
Biden was already driving US gas prices heavenward before he and his Russian pal paved the way for Russia to invade Ukraine.
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Oh really? How so? I'm pretty sure Biden was and is doing all we can to get Russia out of Ukraine. It was Trump who enabled Putin throughout his entire presidency and vice versa. Now that Trump is out, Putin's man is no longer of service to him, so Putin decided to go ahead and invade Ukraine. Trump did as much damage as he could do.
 
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marke

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Oh really? How so? I'm pretty sure Biden was and is doing all we can to get Russia out of Ukraine. It was Trump who enabled Putin throughout his entire presidency and vice versa. Now that Trump is out, Putin's man is no longer of service to him, so Putin decided to go ahead and invade Ukraine. Trump did as much damage as he could do.
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Here is what experts are saying that makes sense and does not contradict or minimize facts:

townhall.com

Here Are 81 Biden Actions That Drove Gas Prices to Historic Highs

townhall.com townhall.com

Here Are 81 Biden Actions That Drove Gas Prices to Historic Highs​

 
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marke

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Where does Putin's invasion of Ukraine fall on this list?

Also, does it answer the question about why it is that domestic oil production is at 2018 levels but isn't at 2018 prices?
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It doesn't except in the sense that Biden has wagged the Russian dog tail to try to deflect blame for his own abominable failures.

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marke said:
It doesn't except in the sense that Biden has wagged the Russian dog tail to try to deflect blame for his own abominable failures.
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It doesn't? Oh, so it's just a political hit-piece designed to smear Biden that ignores the main reasons why gas prices are as high as they are now? Got it.
 
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marke said:
It doesn't except in the sense that Biden has wagged the Russian dog tail to try to deflect blame for his own abominable failures.

GetFile.aspx
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Biden's actions have caused Putin to reap windfall profits from his carbon energy exports.

I just hope 10% is going to the big guy. 😁
 
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ok doser said:
Biden's actions have caused Putin to reap windfall profits from his carbon energy exports.
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Yeah, that was actually Trump and Putin himself who did that, which you would know if you actually read the thread you're replying on.
 
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