Gas prices dropping! Inflation easing! Hooray Biden!!!!!!

I certainly expect our resident conservitards to, in the spirit of intellectual honesty, praise Biden for singlehandedly reducing the national price of gasoline and slowing the pace of inflation, particularly regarding food prices.

 

Because, y'know, inflation was all his fault and due SOLELY to his actions--as he's actually not just President of the US but also Emperor of the World and therefore controls the price of everything on Earth.

 

But all I'm hearing is silence as gas prices nationwide drop below $4/gallon. And I'm surprised at that, because, y'know, our resident conservitards don't want to be hypocrites. Do they??

Employment participation rate

 

https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm

 

US July inflation rate at it's highest in over four decades at 9.1%.

 

https://www.pbs.org/newshour/economy/u-s-inflation-at-9-1-percent-a-record-high

 

 

Unemployment is at a record low, so whatever that "participation rate" nonsense is, it's irrelevant.

 

And for Christ's sake, learn how to spell "its."

Originally posted by: Kevin Lewis

Unemployment is at a record low, so whatever that "participation rate" nonsense is, it's irrelevant.

 

And for Christ's sake, learn how to spell "its."


It means that fewer people are working today than two months ago.  Why don't you grow a pair and do some research.  After all, I gave you two links to learn the truth.


Originally posted by: Boilerman

It means that fewer people are working today than two months ago.  Why don't you grow a pair and do some research.  After all, I gave you two links to learn the truth.


No, you gave me two Boiler links. I no longer read those. Neither was relevant to what I said about gas prices and low unemployment.

 

You have to learn to stop weaseling. And to spell.

It's gonna be tough running on the whole child rape victims need to be forced to give birth thing.  But if that's all you have that's all you have.

Edited on Aug 6, 2022 8:22am
Originally posted by: Kevin Lewis

No, you gave me two Boiler links. I no longer read those. Neither was relevant to what I said about gas prices and low unemployment.

 

You have to learn to stop weaseling. And to spell.


Kevin is ignorant.  He just told us that the number of people working within the US isn't important.  I disagree.

Did somebody build the Keystone pipeline when no one was looking?    Cause thats what determines oil prices.

Originally posted by: PJ Stroh

Did somebody build the Keystone pipeline when no one was looking?    Cause thats what determines oil prices.


Who ever said that Keystone is the single deciding factor on gas prices.  PJ, I guess.  US gas prices would be less expensive if phase 4 of the pipeline had been completed.  We would import 5% less of more expensive oil from bad countries.  This oil is cheaper than the stuff that we import, and many refineries can use it when it's blended with sweet crude.

 

There is zero net downside to the pipeline.

Boilerman is right that there are many factors that affect gas prices. You know, demand, economic forecasts, production of crude, policies in foreign countries, and so on.

 

But when gas prices went up, it was all the fault of one guy! Funny how that works.

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