1ºPhil Miller indeed. That’s why we will be buying an EV soon. The global gas prices will most likely stay in the $3 range. Inflation is an issue. It seems to have stabilized and with energy cost being a major part of the equation lit should be down after 50 straight days of gas price decline. We also do need the government to invest in affordable housing. I use to do a lot of that. There is a big need. However, a good sign is household savings is close to record highs, unemployment in our state is around 2% which is almost full employment and the fastest wage growth has been in the entry level jobs. Lots to do yet coming out of the pandemic! I agree inflation is an issue but we do t want to go into a bigger recession. It’s a balancing act. In general, low unemployment and higher inflation. Low inflation and higher unemployment. Cost benefit. One good thing is the National debt is being reduced.
2ºHoward Miller Oh please.... stop listening to FOX PROPAGANDA and you will know the truth about Hunter Biden and Trump's reign of terror in the White House. Trump is in debt to Russia and has been for many years. When American banks refused to loan Trump any money ... he got money from Russia. That is common knowledge .. this two sons were bragging about that years ago. He OWES Russia and Putin got him in the White House so he could pay Putin back.... and he tried but the SMART American people saw Trump for the criminal that he is a voted him out .. one term before he could give Russia all they wanted... thus the war on Ukraine. The corruption and bullying Trump did not to mention the brainwashing that you are a victim of. Trump is or never was in any way good for the United States of America. He is a liar and a grifter and its what he is doing now by hanging on to the Republican Party... holding them hostage to his GRIFT.. people are foolish enough to send their hard earned dollars to fund tRump and his legal fees. IF he was as rich as he says he is ... where is the Trump Jet... mothballed in at a NY airport ......Flight records showed that the plane had not been flown since the end of Trump's presidency. IF he was wealthy he would not be begging his supporters for money to fix up his plane... The man is a CON... plain and simple and you sir... have been conned. Gas prices are up all over the world.. not just in the United States of America... Biden has nothing to do with that.... every country is feeling the effects of the war in Ukraine... food shortages all over the world. NOTHING can be blamed on Biden.... follow the REAL news and you will find out all this. Wake up and put Trump in your rear-view mirror ... let him go back under the rock he crawled out from in 2015 .... and stop singing his praises ... its sickening.
3ºPete Suszczynski His approval rating is at 36% which is about the average of where Trump was his entire Presidency. But…I can guarantee you if Biden were to run against Trump again, people would choose Biden.
It was never about thinking Biden was going to be this fantastic President. It was about making sure Trump would never serve as President again.
Trump “inherited” a good economy with record breaking stocks, low unemployment and great job growth. Biden inherited a bad economy, 13.5% unemployment, businesses shutdowns, school shutdowns and a pandemic that hurt the world economy. There is no comparing the two.
4ºHow many of you whining about gas prices remember 45 making the deal with Saudi Arabia and Russia to cut oil production in order to raise profits for oil companies? Then there’s capitalism where supply and demand also drive gas prices. At the downside if a poorly managed pandemic when millions are headed back to work, getting back on the road traveling, demand pushed prices up. And don’t forget Putin’s war actually does affect the prices, too.
https://www.nytimes.com/2...oronavirus.html
Lastly, under President Biden oil production is back to what it was under 45 and is expected to be at record high levels by 2023.
5ºCamille Mann With respect; you are a victim of the radical left media's drumbeat. While these publicly owned companies report to stock holders and must make a profit; the price increases have to do with scarcity since it is a futures based market. Hence; we have what we have since Biden declared on 1/22/21 his plan to end petroleum business in the U.S. - and has followed through. If you owned an oil company and knew the government plan to put you out of business why would you invest in exploration and production? You should complain to Joe - not the oil companies. - They would LOVE to produce oil at over $100 a barrel.
6ºJerry Bevan I don’t think you understand how global economies work, and how that impacts global pricing of commodities. The only reason gas prices went down was a global pandemic and lockdown which caused a global demand reduction. Also the US is the largest oil producing nation in the world and our petrol consumption is the same as our output, so we’re largely energy independent already. The reason gas prices went up is that nobody is buying Russian oil right now because of the war/sanctions, and they were making about 11% of the world’s supply. That means there’s currently an artificial shortage because demand has stayed constant. If you’re looking for someone to blame, look at the energy companies that all have record profits right now.
7ºJoan Thompson believe me I work in the industry, you are the victim of the political propaganda. First and foremost my question to you is, we have a 400 year supply of fossil fuels under our feet, why would we care what the international market is doing??? As the world's largest consumer we were still a seller under Trump. The very first day Biden undid the changes he made so we became a buyer again. Biden's policies are still limiting the Supply and one of the big reasons for the current drop in price is Biden is selling off our strategic oil supply including to a company owned by Hunter, The Communist Chinese government, and until he decided to run for president himself. He has said he is going to buy it back this fall, but it will have strings attached like we will only buy from companies who meet our social agenda criteria. As the world's biggest customer companies will be forced to comply.
8ºCamille Mann Other countries have always pd higher price because they don't have the resources like production oil, refineries. They often buy from the USA . This bumbling idiot Biden has blamed anyone like Russia when we only get 3% from them. We buy 60% from Canada and they have offered to sale us more but Biden has refused. He has caused the high gas prices because of his policy's. Like just this yr halting production in Alaska. This saying greed from oil companies is just more BS from the left. When they increased the price of permits & regulations and halting production in many areas
9ºGeorge Murchek Jr. my original comment is right above. It was a response to your comment which was a reply to the comment just above yours. Someone said “guess 70 percent of America is wrong” about Bidens disapproval rating. Then you said that conservatives make sht up and that 70% (those who think Biden is making a mess) was wrong. Then I said Biden has hit in the 30s, lowest for any recent president (you can google that easily). Then I did the math for you. That was my original comment. Any clearer? Oh, then you decided you knew me well and how I perceive polls.
10ºBobby Bright The Strategic Reserve is there partly to cushion the impact of foreign oil shocks on the US economy, so it's being used as intended. And the way Trump "had gas down to $1.89" was by totally bungling his Administration's response to Covid (including lying to America about how deadly and contagious it is) and contributing to an economic contraction not seen since the Great Depression. In other words, gas became so cheap because demand for oil collapsed because the US and global economies collapsed. And when it was so low the Saudis and the Russians were in an oil price war that was costing Russia (i.e. Putin) many billions of dollars, Trump went to the Saudis and blackmailed them into cutting their production capacity by 25% and thus ending the price war; this was in 2020 and when it became public knowledge Trump claimed that low prices were "bad for the American economy."
Facts count, dude.