I’m not saying that this admin hasn’t contributed, I’m saying that I doubt it’s 100% Biden. And no, I was intellectually honest with myself about failures and successes in the previous 4 year period.
I doubt anyone believes it is 100% Biden but he has hurt more than he has helped. You can't spend trillions of dollars and have no inflation. You can't cancel pipelines, reduce permits, or in general bad mouth oil companies without expecting the price of oil to go up. Obama said outloud he wanted the price of gas to be more in line with Europe and the price of energy necessarily needed to go up. Biden is following the same model. Although what I believe his administration didn't see but probably should have seen was the potential for war in Ukraine and even more so the post scamdemic jump in oil demand. Had they seen these two things coming maybe he wouldn't have been so quick to try to drive up oil prices. Then again this is what the environmentalists want so maybe it is by design.
Couldn't agree with you more.
It's worth noting that these are record numbers.
If that's the metric, then Clinton is the only Pres in recent history that decreased the federal deficit.
I think people seem to have forgotten that the trillions spent was also approved and the vast majority distributed under Trump.
And if you think you are going to siphon off a bunch of those profits via taxes and roll them into rebates for the masses for political gain you then set yourself up for continued increased energy costs on down the road for quite some time (which Biden et al want to do and don't care about anyway). If these companies can't use some of that windfall now to pay off debt and finance future production (which Biden has done his best to stifle) then you'll get what you get (continued high prices) down the road.
Biden did say he would end our fossil fuel dependency by 2030, I saw those words leave his mouth, he said last week he feels our frustration as we adjust to high fuel prices. Biden has no intention of helping our fuel, food or inflation crisis.
It’s pretty simple, markets are dictated by actions, yes there are permits that have been approved yet no lenders willing to invest capital based on an admin that isn’t stable. The keystone pipeline didn’t do anything to supply but it gave a clear message and also the current admin put up barriers to financing plus made the markets afraid to invest.
Build back better = exact phrasing by the WEF’s great reset agenda.
You are correct he is the only president in office when the deficit went down.
I don't forget. I know he is responsible for his share of out of control spending. Some people will not admit the faults of the guy they voted for but I will. What I will add to that is there was 100's of billions still not spent when he left office and Biden spent trillions more and would have spent trillions more than that if not shut down by two senators of his own party. Imagine what inflation would be at if the got BBB passed.
So what? They also lost $90b in 2020. Now their investors are forcing them to be more fiscally responsible like any buisness should. Also don't forget that pretty much anyone with a retirement 401k for example has oil companies in their portfolio and if they didn't they would be losing even more money. Never seem to hear anybody complaining oil company losses when oil prices are down. It's a commodity and they make more when the commodity is up and less when it's down. Have you checked the prices of other commodities and the profits of companies in those sectors? I have never understood the grab your pitchforks mentality.
most financially succesful people know, that the presidents does not dictate if you do well or not.
Those are record high earnings. If this fuel price was due to a shortage you wouldn't make record money. It's engineered so they can recoup their down quarters of 2020. Bought and paid for since these oil companies have a powerful lobby and are allowed to influence American politics. They (oil) are the reason we don't produce more, it would hurt their bottom line. Also don't pretend Like any company gives 2 flying f's about their investors.
Lobbyists are a whole northern issue. You are correct they have lobbyists along with wind, solar, environmentalists, unions, and every other special interest group. Hence the corruption paragraph in my last post. If you think companies don't care about their investors considering they go out of buisness without them if they are a publicly traded company I have some ocean front property in Iowa to sell you.
Don’t forget when he told the nation he was going to turn Saudi Arabia into a “pariah” for the assassination of a Jamal Khashoggi.
