Thread Rating:
  • 2 Vote(s) - 3 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Oil Surplus Predicted This Decade
#13
(06-14-2024, 12:49 PM)Luvnit2 Wrote: Do Democrats ever take responsibility for their failed policies? Biden put green energy and subsequent rise in oil prices over inflation and the economy.

Your answer is always someone else's fault. Yet, Obama got rich off politics, Biden got rich off politics. Neither one created major jobs in the public sector, their goal was to make themselves rich only.

A businessman and his family were rich prior to entering politics. They have employed millions of people of the past 45+ years, yet they are the bad guys. The job creators are the bad guys in your eyes.

Do you know who is being killed by Biden's 20% inflation in less than 4 years? It the low income who had trouble getting by with Trump's 5% inflation over 4 years. Their financial woes are real and Joe Biden's and Democrats open borders took money to help them and gave it to illegal immigrants. They get it, they lived it under Trump and now under Biden so your attacks using the liberal talking points don't cut it.

Human beings in the US are made to suffer because Biden and Democrats chose to open the border. The inflation is not price gouging, prices went up because the cost of goods and labor costs went up. California making fast food restaurants pay $20 an hour is insane and makes no business sense. Of course, to stay in business prices for fast food is going to go up significantly and jobs will be lost.

Maybe once, take off your liberal tin foil hat and use your common sense. You may be surprised what you would discover if you opened your mind.

Sure bud. If only I parroted the right wing media talking points. Then we would be on the same page.

So how’s this fit in to your narrative?

https://www.cnn.com/2024/06/11/economy/oil-industry-profits-under-biden/index.html

“The top five US-based oil and gas companies by market cap, according to S&P Global — ExxonMobil (XOM), Chevron (CVX), ConocoPhillips (CPP), EOG Resources (EOG) and Schlumberger (SLB) — have raked in more than $250 billion in profits between 2021 and 2023. That’s a 160% jump compared to the first three years of the pro-big-oil Trump administration, according to calculations by CNN.”

“According to the US Energy Information Administration, the US produced more crude oil than ever in 2023, beating the previous record set in 2019 — and Investors have been richly rewarded. The Energy Select Sector SPDR Fund (XLE), which tracks the performance of the largest oil and gas companies, is up more than 100% since Biden’s inauguration.“
Reply/Quote





Messages In This Thread
RE: Oil Surplus Predicted This Decade - NATI BENGALS - 06-14-2024, 08:23 PM

Forum Jump:


Users browsing this thread: 5 Guest(s)