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The president does not control gas prices

The president does not control gas prices | Conservatives when they realize that gas prices are also increasing in countries where Joe Biden is not the president: | image tagged in surprised black guy,memes,conservative logic,conservatives,joe biden,gas prices | made w/ Imgflip meme maker
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6 Comments
2 ups, 6mo,
1 reply
So the libs are going to try and trot out that old, tired red herring argument?

Good luck, I guess, because they have very little else to go on. But the people are actually (in this case, at least) smarter than to fall for that, since oil-related products prices have skyrocketed, along with prices for almost everything else.

You're ignoring that the US economy is the straw that stirs the drink, aka the world economy.

Then, all it takes is getting a buffoon (aka Demented Joe Bribe-em) in the oval office, who declares war on the US oil industry, and who depletes our emergency national oil reserves to the point where we wouldn't have enough to fight a war if necessary, and prints up TRILLION$ of dollars to pay for pie in the sky liberal BS programs that we can't afford anyway, then yeah, we're going to have hyper inflation, and yes that affects the rest of the world.
0 ups, 6mo
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"..the people are actually (in this case, at least) smarter than to fall for that, since oil-related products prices have skyrocketed, along with prices for almost everything else"

Gas has come down from that peak we saw about 2 years ago and I would say currently seems to actually be relatively cheap compared to everything else.... It looks roughly the same price as it was 15 years ago.

What other product is the same price it was 15 years ago? ...Any?

"the US economy is the straw that stirs the drink, aka the world economy."

Guess we're still on top then.
🇺🇲🇺🇲🇺🇲

"depletes our emergency national oil reserves"

🥱 Yes.. he released some of the SPR to help bring oil prices back down for us. Trump was interested in draining half of it when he was in office pre-pandemic... other repubs wanted to drain it entirely.

And as far as "printing money" , US money supply M2 began skyrocketing under trump. Under Biden was when the brakes got pumped on that.
0 ups, 6mo
It’s a global commodity, essentially traded based on futures (supply/demand) and government policy impact prices. Biden’s action on oil prices by screwing up the oil futures.
[deleted]
0 ups, 6mo,
1 reply
0 ups, 6mo
i dont like being fetishized
0 ups, 6mo
we should leave behind gas and fossil fuels and switch to eco friendly renewables

we can keep our beloved gas cars in museums or swap their engines for electric powertrains

we can keep the engine in a museum
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Conservatives when they realize that gas prices are also increasing in countries where Joe Biden is not the president: