03-04-2022, 08:50 PM
(03-04-2022, 08:27 PM)Sociopathicsteelerfan Wrote: First off, I very much appreciate your answering the questions instead of dodging as many do, so major credit to you. Secondly, your own answers should tell you why anyone would blame Biden for at least a significant share of the reason for the rise in gas prices. As Stewy rightfully points out, the POTUS has limited ability to affect gas prices in the short term, the vagaries of the market being what they are. Given that the price of oil, like every commodity, is also driven by speculation, the actions by Biden, again as described by Stewy, are going to drive prices up. If you're a speculator and looking to make a profit you adhere to the common sense maxim of buy low and sell high. When a POTUS deliberately inhibits future production, again as Stewy perfectly illustrated, they are inevitably going to drive up prices as people attempt to buy low so they can sell high.
Biden is doing the right thing in regards to Russia, and the rise in prices brought on by the conflict cannot, largely, be laid at his doorstep. That being said, much of the rest of the rise, both prior to the war and subsequent, has Biden's fingerprints all over it, for reasons already illustrated. Whether that helps Trump or not is irrelevant to the fact that it's true.
Where are you getting this from?
