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I'm just pointing out what happened and why you got the responses you did. Why are getting bent out of shape by our responses. You put forth the questions, challenged the positions, staked you own position. You're welcome to continue believing that OPEC+ isn't the primary player in the game, but if you challenge that position, you shouldn't get out of shape when others provide evidence to support the claim. Maybe you think I make baseless claims, but I don't, so if I express an opinion on here, you can assume it's backed by considerable data, facts, stats, research, etc.
That was for RobGMN, not you.
 
I'm fine with not using pandemic numbers. To answer your question, which has been answered before in detail, but here's the readers digest version. Biden isn't doing "so much more," he's doing moderately more if that. Secondly, I am of the opinion that the POTUS has very very limited control over gas prices and that supply and demand are the controlling factors in oil prices. I reject the claim that either Trump or Biden did anything of consequence to influence gas prices.

Now that I've answered your questions, here's some for you. Since you seem to be of the opinion that Presidents in some way control gas prices, what did Trump do or not do that caused gas prices to increase from Jan 2017 when he took office until Dec 2019?

What has Biden "actually done" to increase gas prices? By "actually done" I mean things that actually happened, ie saying "I'm going after big oil, I'm shutting down drilling" doesn't count unless he actually shut down drilling. Since drilling is up 60% and the courts overturned Biden's attempts to stop drilling, Biden hasn't "actually" shut down drilling. Or is it something Biden isn't doing that Trump did do?

Gas prices dropped significantly from ~$3.75/gal to ~$2.60/gal from the summer of 2014 until Dec 2016; how was Obama able to accomplish this feat?

To the Trump question. I have no idea. I didn't pay attention to why gas prices were what they were under Trump. I never claimed to know either.

To the Biden question. He has made the statements of what his intentions are for oil. That being to end it. How do you think that is going to and has made oil company executives respond? Cause and effect. If you are uncertain about your companies future, are you going to invest in continuing to drill?

I don't care about Obama
 
To the Trump question. I have no idea. I didn't pay attention to why gas prices were what they were under Trump. I never claimed to know either.

To the Biden question. He has made the statements of what his intentions are for oil. That being to end it. How do you think that is going to and has made oil company executives respond? Cause and effect. If you are uncertain about your companies future, are you going to invest in continuing to drill?

I don't care about Obama

That's an interesting theory. However, I believe that actions speak louder than words and in this case Biden has ramped up handing out permits. There is the distinct possibility that Biden like all politicians is a liar and is willing to lie to get votes. Has he shut down any drilling - no. Has he ramped up permitting - yes. Has he put additional oil in circulation via the strategic reserve - yes. Biden has actually done everything in his power to ensure more oil hits the market, not less.

Then there is the reality of how oil executives are responding to Biden's rhetoric. You're saying oil executives are afraid to invest in drilling (cause and effect). Yet drilling is way up; they can't invest enough in drilling right now. I can search up statements from oil executives and people who cover the oil industry; I guarantee they're all bullish. The cause and effect you claim exists not only doesn't exist, but it's actually the complete opposite. I suspect that's because oil executives also consider actions much more potent than words. It's kinda like internet threats; you Bobby can talk all you want about meeting at the local Walmart or whatnot, but in the end we all nobody is hopping on a plane. It's all just gossamer.

So I have to ask what has Biden actually accomplished that led to increased gas prices? He's not only been completely ineffective at slowing drilling, he has instead increased permitting, which will lead to increased drilling. Furthermore, the oil industry is completely ignoring his rhetoric and expanding operations at a record pace - 60% increase in drilling - that's nuts. 16.5% increase in output year over year. Oil executives clearly disagree with your analysis and are moving in the opposite direction. I guess an F-150 in every driveway has them confident that drilling for oil is a very very safe venture. OPEC+ cutting production can only give them more confidence. War in Ukraine, the icing on the cake for oil executives. With Exxon trading at all time highs, not only do oil execs disagree with you, but institutional investors also disagree with you.

Since gas prices have dropped 25% in the last 3-4 months, what did Biden say or do to cause this reversal in gas prices?
 
Another triggered Republican. This is too easy. All in less than a minute. He's pretty proficient.

Screenshot_20221025-204105_Chrome.jpg
 
That's an interesting theory. However, I believe that actions speak louder than words and in this case Biden has ramped up handing out permits. There is the distinct possibility that Biden like all politicians is a liar and is willing to lie to get votes. Has he shut down any drilling - no. Has he ramped up permitting - yes. Has he put additional oil in circulation via the strategic reserve - yes. Biden has actually done everything in his power to ensure more oil hits the market, not less.

Then there is the reality of how oil executives are responding to Biden's rhetoric. You're saying oil executives are afraid to invest in drilling (cause and effect). Yet drilling is way up; they can't invest enough in drilling right now. I can search up statements from oil executives and people who cover the oil industry; I guarantee they're all bullish. The cause and effect you claim exists not only doesn't exist, but it's actually the complete opposite. I suspect that's because oil executives also consider actions much more potent than words. It's kinda like internet threats; you Bobby can talk all you want about meeting at the local Walmart or whatnot, but in the end we all nobody is hopping on a plane. It's all just gossamer.

So I have to ask what has Biden actually accomplished that led to increased gas prices? He's not only been completely ineffective at slowing drilling, he has instead increased permitting, which will lead to increased drilling. Furthermore, the oil industry is completely ignoring his rhetoric and expanding operations at a record pace - 60% increase in drilling - that's nuts. 16.5% increase in output year over year. Oil executives clearly disagree with your analysis and are moving in the opposite direction. I guess an F-150 in every driveway has them confident that drilling for oil is a very very safe venture. OPEC+ cutting production can only give them more confidence. War in Ukraine, the icing on the cake for oil executives. With Exxon trading at all time highs, not only do oil execs disagree with you, but institutional investors also disagree with you.

Since gas prices have dropped 25% in the last 3-4 months, what did Biden say or do to cause this reversal in gas prices?

Biden only lowered the gas prices because of the midterms. Said every Republican.
 
"cite" and "ones"
Moving on, please answer these questions:
How do YOU determine real pricing over time without using calculations?
Can you provide an example of the "actual documented numbers" you are talking about, and tell me how they were derived?

My son and I had to impute the age of competing soccer teams using CDC stature/weight/age charts. I'm beginning to question if our theory/estimate was wrong, because CDC's charts are based on median percentiles, which are even trickier than averages. On top of that we're going of a chart/graph, so you want to talk about "not a real number" we were dealing with curves & axises.
 
My son and I had to impute the age of competing soccer teams using CDC stature/weight/age charts. I'm beginning to question if our theory/estimate was wrong, because CDC's charts are based on median percentiles, which are even trickier than averages. On top of that we're going of a chart/graph, so you want to talk about "not a real number" we were dealing with curves & axises.

Why in the World did you have to do that?
 
That's an interesting theory. However, I believe that actions speak louder than words and in this case Biden has ramped up handing out permits. There is the distinct possibility that Biden like all politicians is a liar and is willing to lie to get votes. Has he shut down any drilling - no. Has he ramped up permitting - yes. Has he put additional oil in circulation via the strategic reserve - yes. Biden has actually done everything in his power to ensure more oil hits the market, not less.

Then there is the reality of how oil executives are responding to Biden's rhetoric. You're saying oil executives are afraid to invest in drilling (cause and effect). Yet drilling is way up; they can't invest enough in drilling right now. I can search up statements from oil executives and people who cover the oil industry; I guarantee they're all bullish. The cause and effect you claim exists not only doesn't exist, but it's actually the complete opposite. I suspect that's because oil executives also consider actions much more potent than words. It's kinda like internet threats; you Bobby can talk all you want about meeting at the local Walmart or whatnot, but in the end we all nobody is hopping on a plane. It's all just gossamer.

So I have to ask what has Biden actually accomplished that led to increased gas prices? He's not only been completely ineffective at slowing drilling, he has instead increased permitting, which will lead to increased drilling. Furthermore, the oil industry is completely ignoring his rhetoric and expanding operations at a record pace - 60% increase in drilling - that's nuts. 16.5% increase in output year over year. Oil executives clearly disagree with your analysis and are moving in the opposite direction. I guess an F-150 in every driveway has them confident that drilling for oil is a very very safe venture. OPEC+ cutting production can only give them more confidence. War in Ukraine, the icing on the cake for oil executives. With Exxon trading at all time highs, not only do oil execs disagree with you, but institutional investors also disagree with you.

Since gas prices have dropped 25% in the last 3-4 months, what did Biden say or do to cause this reversal in gas prices?
Interesting theory... it just doesn't fit reality in my opinion. Are we supposed to be grateful for a 25% drop in gas prices??? When he took office how much was gas on the national average? $2.31 a gallon. So it jumped up over 200% and we should hand out praises for a 25% drop over the last 3-4 months. Nah. It's still over 75% higher than when he took office. Or do you all not remember how much cheaper things were?

60% increase in drilling? From when, the shutdown during the pandemic when there was no demand for oil??? Again, not impressed with these numbers that aren't fooling anyone... well except maybe the left.
 
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