Biden Begs OPEC to Boost Oil Production to Combat Rising Gas Prices After Canceling Drilling and Keystone Pipeline

[TigerGrowls]

Your fearless leader in action libs. Hope you all are happy with this shit show as China Joe is appearing to make move after move to hurt America.

Biden Begs OPEC to Boost Oil Production to Combat Rising Gas Prices After Canceling Drilling and Keystone Pipeline | The Gateway Pundit | by Cristina Laila

The Biden Administration on Wednesday begged OPEC to boost production as gas prices rise.

www.thegatewaypundit.com

By Cristina Laila
Published August 11, 2021 at 5:45pm

The Biden Administration on Wednesday begged OPEC to boost production as gas prices rise.
“The president recognizes that gas prices can put a pinch on the family budget,” a senior White House official, who asked not to be identified told CNBC. “He’d like his administration to use whatever tools that it has to help address the cost of gas, to help bring those prices down.”
Except for drilling in Alaska or finishing the Keystone XL Pipeline.
Joe Biden’s first order of business was to cancel the Keystone XL pipeline and stop drilling.
TRENDING: HUGE UPDATE: CodeMonkeyZ Files Released at Lindell Cyber Symposium -- Not Likely Criminal Issue As Reported Earlier -- Findings a GAME CHANGER
Gas prices have spiked since Joe Biden was installed in January.
The national average for a gallon of gas is $3.186 – over a $1 per gallon increase in the last year.
Now Biden is begging OPEC and its allies to increase oil production.
The Biden Admin is also calling on the FTC to “monitor the U.S. gasoline market” and “address any illegal conduct that might be contributing to price increases for consumers at the pump.”
CNBC reported:

The White House is calling on OPEC and its oil-producing allies to boost production in an effort to combat climbing gasoline prices, amid concerns that rising inflation could derail the economic recovery from Covid.
The White House said the group’s July agreement to boost production by 400,000 barrels per day on a monthly basis beginning in August and stretching into 2022 is “simply not enough” during a “critical moment in the global recovery.”
“We are engaging with relevant OPEC+ members on the importance of competitive markets in setting prices,” National Security Advisor Jake Sullivan said in the statement obtained by CNBC. “Competitive energy markets will ensure reliable and stable energy supplies, and OPEC+ must do more to support the recovery.”
The letter from the National Economic Council to the FTC urges the regulatory body to look into the factors contributing to the rise in gas prices in an effort to ensure that consumers aren’t footing an unfair bill.
“With its suite of tools to monitor industry prices, review merger-and-acquisition activity, conduct market studies, and investigate market manipulation and anti-competitive practices, the FTC is well placed to lead the effort to evaluate what is happening in the U.S. gasoline market and take any necessary steps to address illegal conduct,” the letter said.

 

[DW4_2016]

Your fearless leader in action libs. Hope you all are happy with this shit show as China Joe is appearing to make move after move to hurt America.

Biden Begs OPEC to Boost Oil Production to Combat Rising Gas Prices After Canceling Drilling and Keystone Pipeline | The Gateway Pundit | by Cristina Laila

The Biden Administration on Wednesday begged OPEC to boost production as gas prices rise.

www.thegatewaypundit.com

By Cristina Laila
Published August 11, 2021 at 5:45pm

The Biden Administration on Wednesday begged OPEC to boost production as gas prices rise.
“The president recognizes that gas prices can put a pinch on the family budget,” a senior White House official, who asked not to be identified told CNBC. “He’d like his administration to use whatever tools that it has to help address the cost of gas, to help bring those prices down.”
Except for drilling in Alaska or finishing the Keystone XL Pipeline.
Joe Biden’s first order of business was to cancel the Keystone XL pipeline and stop drilling.
TRENDING: HUGE UPDATE: CodeMonkeyZ Files Released at Lindell Cyber Symposium -- Not Likely Criminal Issue As Reported Earlier -- Findings a GAME CHANGER
Gas prices have spiked since Joe Biden was installed in January.
The national average for a gallon of gas is $3.186 – over a $1 per gallon increase in the last year.
Now Biden is begging OPEC and its allies to increase oil production.
The Biden Admin is also calling on the FTC to “monitor the U.S. gasoline market” and “address any illegal conduct that might be contributing to price increases for consumers at the pump.”
CNBC reported:

gas prices are going up because a pipeline that wasn't transporting fuel is no longer being built? that's magic.

 

[stigers91]

gas prices are going up because a pipeline that wasn't transporting fuel is no longer being built? that's magic.

Do you think our cutting production has an effect? Does reducing our production allow OPEC more power to controll the flow oil like they did for decades? I would think yes.

 

[DW4_2016]

Do you think our cutting production has an effect? Does reducing our production allow OPEC more power to controll the flow oil like they did for decades? I would think yes.

do you think the pipeline has anything to do with current production?

 

[Charybdis]

Do you think our cutting production has an effect? Does reducing our production allow OPEC more power to controll the flow oil like they did for decades? I would think yes.

The Federal Government is on pace to issue more permits for drilling on federal lands than either Trump or Obama.

The higher fuel costs has everything to do with OPEC's ramping down production, as well as U.S. frackers more or less following suit in order to pay off debt and reward investors.

 

[PawsFan_]

All this because the oil industry wants to get prices high to recoup investments.

I'm sure Mr. Putin will be happy to keep his revenue stream going if Joe needs help.

 

[TigerGrowls]

Obama- Gas prices up.
Trump - Gas prices down.
Biden - Gas prices up.

You guys are grasping for reasons, but its this simple. Trump made it happen no matter how you slice it.

 

[Charybdis]

Obama- Gas prices up.
Trump - Gas prices down.
Biden - Gas prices up.

You guys are grasping for reasons, but its this simple. Trump made it happen no matter how you slice it

Trying to explain the actual mechanisms that produce pump prices to people who view public policy the same way they do a spectator sport (my team versus yours) invariably leads to, well -- less than thoughtful responses like this one. Telling you how this actually works does not equal "grasping for reasons." And as usual, when we have a conversation about something like this, who the winners and losers are depends largely on who you ask. Oil execs? Oil refinery workers? Futures brokers? Your wife filling up at the pump?

I know, I know. Thinking in nuance and mapping the complexity of an issue isn't as fun as shitposting. For that, I apologize.

 

[TigerGrowls]

Trying to explain the actual mechanisms that produce pump prices to people who view public policy the same way they do a spectator sport (my team versus yours) invariably leads to, well -- less than thoughtful responses like this one. Telling you how this actually works does not equal "grasping for reasons." And as usual, when we have a conversation about something like this, who the winners and losers are depends largely on who you ask. Oil execs? Oil refinery workers? Futures brokers? Your wife filling up at the pump?

I know, I know. Thinking in nuance and mapping the complexity of an issue isn't as fun as shitposting. For that, I apologize.

Regardless of how you want to pontificate on it, the results speak louder than words. There is a correlation. I fully believe that Trump could come back and drive gas prices right back down regardless of anything else going on short of a war. Dont overthink it Einstein.

 

[Charybdis]

Regardless of how you want to pontificate on it, the results speak louder than words. There is a correlation. I fully believe that Trump could come back and drive gas prices right back down regardless of anything else going on short of a war. Dont overthink it Einstein.

This response reaffirms literally everything I stated above. You do realize that, right?

 

[yoshi121374]

Regardless of how you want to pontificate on it, the results speak louder than words. There is a correlation. I fully believe that Trump could come back and drive gas prices right back down regardless of anything else going on short of a war. Dont overthink it Einstein.

What's funny is the fact that you believe this is exactly the point. We know you don't understand how this stuff works. You've made that patently obvious with all of the GWP "articles" that you've posted. It's probably time for you to sit some out and let the adults discuss politics before your Ilk ruins the country further.

 

[yoshi121374]

This response reaffirms literally everything I stated above. You do realize that, right?

Literally what I stated below. He completely doesn't understand that he made your point for you.

 

[TigerGrowls]

This response reaffirms literally everything I stated above. You do realize that, right?

LMFAO!! Yalls response just reaffirmed what I said, but go ahead and chest bump someone and celebrate how smart you think you are.

 

[yoshi121374]

LMFAO!! Yalls response just reaffirmed what I said, but go ahead and chest bump someone and celebrate how smart you think you are.

Keep doubling down on the fact that you don't get it... We will be over here laughing at you?

 

[TigerGrowls]

Keep doubling down on the fact that you don't get it... We will be over here laughing at you?

Looks like u r the one doubling down.