yes 0% 0 votes No 0% 0 votes Mostly, in a way, I think. 0% 0 votes Stop.
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WarrenPeace — 3 years ago(June 11, 2022 08:18 PM)
I will say that, "Maybe" he is for one reason and not for the one that I see everyone else blaming him for which was the killing of the Keystone Pipeline which is wrong to blame him for that.
It's by boycotting Russian oil.
There could be a link between that and high gas prices.
I have not looked into it all that much and have yet to find actual proof of that connection.
Putin claims it and is he really an expert on this or just throwing around blame at his enemy?
The main reason for gas price increase that I have seen over and over again is a result of supply and demand due to the Covid Pandemic.
And aren't gas prices going up all over the world?
If so, then how can Biden be blamed for all of that?
"Please vote to preserve the unique character of Warren…" - Robert Duvall -
ToastedCheese — 3 years ago(June 11, 2022 10:15 PM)
And aren't gas prices going up all over the world?
If so, then how can Biden be blamed for all of that?
Exactly!
Those in charge though, are going to get the blame because governments have promoted themselves as fixing and bolstering economies and ideally improving things for others. We know this has never been true, COVID has proven this, as they had been hell bent on breaking economies down. It is really big corporation that is calling the fiscal shots around the world. If it's the smaller man that suffers, so be it. It doesn't affect the uber-elite. They are running off their own economic grid.
Norman! What did you put in my tea? -
Vlad. — 3 years ago(June 11, 2022 10:46 PM)
Because supply and demand. Demand fell during the pandemic. Production fell. Demand rose after the pandemic. Production hasn’t kept pace; supply is not meeting demand. Hence, prices are higher.
It does not help to cancel permits for pipelines. So yes, his policies are not helping things. He’s one causative force behind higher prices.
Stop. -
Corwin — 3 years ago(June 11, 2022 10:54 PM)
So I was supportive of the Keystone pipeline and was disappointed when it was cancelled by Biden. But you will have to explain to me how a pipeline that would not have been completed by now would have helped with supply, right now.
If you want to blame anyone, blame Russia and then OPEC. -
Joc Spader — 3 years ago(June 11, 2022 11:27 PM)
Production fell. Demand rose after the pandemic. Production hasn’t kept pace; supply is not meeting demand. Hence, prices are higher.
When crude went negative -38 dollars it set up the chart for a $200 target. It will get there.This winter is going to be devastating on the people.
Tell you what…When I send my ex-wife her money…you can lick the stamps. -
Joc Spader — 3 years ago(June 11, 2022 11:51 PM)
I really feel bad for people who have retirement accounts that are long-only in this market and don't know how to navigate. I really do. I've missed this run up and haven't made a cent. The days where the range is 10 dollars screws every futures trader. My advice is deep out of the money leap calls options.
Tell you what…When I send my ex-wife her money…you can lick the stamps. -
Joc Spader — 3 years ago(June 12, 2022 12:05 AM)
If only you could see the five, ten and thirty year spreads against the yield charts. There's a depression coming. And don't look to put everything in gold or silver either.
Tell you what…When I send my ex-wife her money…you can lick the stamps.
