President Joe Biden - Kamala Harris Administration

#30,680
#30,680
utvolpj said:
So increased supply leads to increased prices?
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No, but for a while increased supply at high prices leads to increased profits. Then the increased supply typically leads to lower prices which leads to reduced production. We're talking about a cycle.
 
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#30,683
#30,683
McDad said:
A joke. A national embarrassment. A do-nothing, wannabe dictator with a cabinet of government-loving, bureaucratic elitists.
Eliminate the gas tax if you're serious.
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it’s going to be tough to top how bad of a president Joe Biden is but I’m sure the republicans and democrats will try their best.
 
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#30,685
#30,685
W.TN.Orange Blood said:
I guess since he's been arrested this dude will be out & back on the streets before sunrise .....
Only in liberal lunatic cities do killers & hoodlums have rights above the average citizen.
After all .... it's the Liberal World Order Now that has been put into play.

Ex-boyfriend of New York City woman shot dead while pushing stroller arrested
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Probably be jailed with millions in bail since it was domestic violence, he’d be out on recognizence bond if this had just been a stranger he shot
 
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#30,691
#30,691
Vol Main said:
Silly peep are always tryna blame Biden for high prices of gasoline, caterwauling from the lower regions about this or that, blah, blah, blah. The President of the United States does not decide oil production. We do not have a centrally planned economy, like the old Soviet Union. The reality is that oil companies lower the number of drilling rigs and producing wells when prices go low, and they increase drilling and production when prices are high. It is the law of supply and demand. Right now, prices are high, and the number of drilling rigs at work just went up 58%.

"Oil producers in the U.S. are taking advantage of the rising price of crude, which settled $2.67 higher on Friday at $108.50, adding 275 rigs in the past year, nearly 58 percent more than the 475 operating at this time last year. The rig count declined slightly this week, falling by three one week after increasing by 12, according to oil field services firm Baker Hughes."

U.S. adds 8 billion barrels of recoverable oil as global estimates fall, analysis shows
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Did you get your degree in economics from Sally Struthers?
 
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