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In reply to the discussion: Gas prices climb to new high, putting Biden in a fresh bind [View all]The Mouth
(3,414 posts)32. And pretty much everything else as far as the economy goes
There is little a President can do except symbolically on most of the economic factors. The Biden administration has symbolically canceled pipelines (and yes, we all know that the oil would only go from Canada to export, it doesn't matter), and is anti-fossil fuel and pro renewables - sane and makes sense and does *NO* good at all in the places we need to win.
Inflation, a hurting market, high gas prices, President Biden *will* get the blame, even if every oil company octuples their profits; just as if the market was UP 4000 points instead of down that much, and gas at a reasonable price like $2 or $3 dollars he'd be getting the credit and riding a wave of good feelings (well, except for the people who HATE the idea of cheap gas.)
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Funny on how the price of a barrel of oil has dropped but gas prices have contiued to go up.
Botany
May 2022
#21
If the Supreme Court hadn't installed w bush in 2000 and Al Gore had rightfully been installed ...
Botany
May 2022
#26
Anyone who believes that this is Bidens problem is either or magat or an idiot...
Ferrets are Cool
May 2022
#4
It is Biden's problem. Since I'm not a MAGAt, I must be an idiot. See if this helps:
mahatmakanejeeves
May 2022
#10
Hey Washington Post since you just won an award, maybe you should have said in the headline
turbinetree
May 2022
#8
"Proving no match for market forces"? Bullshit. Oil prices are controlled by the cartel, and the
JohnSJ
May 2022
#9
MOST places aren't the places they were in '91. Sad but true. People are just worse today
oldsoftie
May 2022
#35
This is the "switch to summer blend" price hike that happens before Memorial Day every year
BumRushDaShow
May 2022
#19