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No, it's because drilling has been cut dramatically over the past year, even OPEC has cut production. At the same time, demand is on the rise.
Biden's policies will eventually result in higher prices, but it will take a little longer to have an impact. Right now oil companies still have two year leases on federal lands.
When gas fell from $4/gal to $1.70/gal during Obama's administration, that was due to his actions?
That was Bush2's fault from his 2 failed wars and killing the economy mommy. Back in 1991 we had Bush 1's failed war and record oil prices and again in 08 with Bush 2's two failed wars . Obama did the best he could to make gas prices go up and after March of 09 we saw run away gas prices. Trump kept prices down while peeps feared Joe blow would make them go up so the last spike in prices is joe blows fault.
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"Let this year be over..."
(set 15 days ago)
Location: Where my bills arrive
19,220 posts, read 17,075,134 times
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Gas prices have been steadily rising since an unnatural low in April of 2019 so what. It goes up every change of season from summer to winter blend, why not ask the refineries to modernize so they are more efficient. https://www.gasbuddy.com/charts
That was Bush2's fault from his 2 failed wars and killing the economy mommy. Back in 1991 we had Bush 1's failed war and record oil prices and again in 08 with Bush 2's two failed wars . Obama did the best he could to make gas prices go up and after March of 09 we saw run away gas prices. Trump kept prices down while peeps feared Joe blow would make them go up so the last spike in prices is joe blows fault.
Convenient.
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