Is this guy serious?
So oil prices are sky high. This is accelerating already sky high inflation. People cant afford a full tank of gas and some cant even put food on the table at these prices. So you would think that Biden would do anything to bring oil prices down during his presidency. He just did the exact opposite. Joe biden increased sanctions on Iranian oil. This will further decrease supply which typically increases prices. Obviously he is trying to keep oil prices high because Biden did this shortly after the EIA announced future oil consumption forcasts have decreased due to decreased future growth expectations. Crude even had a nice pop during intraday trading off of the news. Way to go biden.
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MonkeyGee : people are just too stupid
TinkerB3ll : He’s going to leave a legacy of doing everything “right”
SpyderCallOP TinkerB3ll: That's what I've been thinking for a while now. He does a lot of things like the right when it comes to oil. and dems are supposed to be anti oil or whatever nonsense they say
102766980 : Shouldn’t the blame be put on Putin ? When he’s the one who started the war and inflation is a product of the war ?
xALLSTATEx : They're probably both in on it, together
SpyderCallOP 102766980: its ultimately Putin's fault for sure. But keeping oil prices high through sanctions has negative impacts on the poor globally. Very negative impacts when oil stays this high for this long
SpyderCallOP xALLSTATEx: aww how romantic
TinkerB3ll SpyderCallOP: Hahaa complimentary package to destroy the market. The demand destruction is a ticking time bomb so now we just have to wait out.
SpyderCallOP TinkerB3ll: How long do you think it will take? I know in america we will spend no matter what. except for the poor of course. But i know demand in less developed countries will get destroyed for sure. Im trying to figure out the grand scheme but i cant connect the dots yet.
The Money Shot SpyderCallOP: I LOLed hard at this. hahahaha
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