Gas prices are in the danger zone. Biden
can't do much about it
CNN Business,
by
Matt Egan
Original Article
Posted By: NorthernDog,
1/18/2022 9:47:47 AM
New York - President Joe Biden's 2022 is off to a dreadful start. Prices at the pump could make it even worse. Crude oil has already zoomed back to two-month highs. Gasoline prices, which move with a lag, have stopped their muted decline. And they're starting to creep higher again. The energy resurgence is only going to add to the economic anxiety gripping the United States and sinking Biden's poll numbers. "This is a terrible situation. Gas prices are in this political danger zone," Helima Croft, head of global commodity strategy at RBC Capital Markets, told CNN. The White House knows
Reply 1 - Posted by:
TJ54 1/18/2022 9:52:01 AM (No. 1042527)
Biden limited supply, so yes it’s his fault and high gas prices have fueled inflation
33 people like this.
Reply 2 - Posted by:
qr4j 1/18/2022 9:55:52 AM (No. 1042531)
The headline is so disingenuous. The current administration stopped oil production in this country and the Keystone Pipeline. Pre-Biden we were energy independent and exporting oil. No longer. This problem is Biden.
45 people like this.
Reply 3 - Posted by:
NYbob 1/18/2022 10:02:48 AM (No. 1042538)
Correct as far as you go #2, but the problem is every rat voter, made up rat voters and a truly evil media that create every problem we have by covering up for leftist evil.
30 people like this.
Reply 4 - Posted by:
edgar 1/18/2022 10:07:40 AM (No. 1042547)
Hey Joe. Drill baby, drill!
21 people like this.
Reply 5 - Posted by:
paral04 1/18/2022 10:13:31 AM (No. 1042559)
No wonder CNN's rating are dropping like a rock. Biden has spent the past year cutting back on our sources of supply and in addition giving away our strategic reserves. Have these people no shame? The sooner they go out of business and are replaced with real journalists the better.
27 people like this.
Reply 6 - Posted by:
BarryNo 1/18/2022 10:21:39 AM (No. 1042572)
No... He 's just doing all he can to make it worse - in the name of 'Green Energy'.
17 people like this.
Reply 7 - Posted by:
MDConservative 1/18/2022 10:46:18 AM (No. 1042613)
And a great gush from the Strategic Reserves will begin in three...two...one...
10 people like this.
Reply 8 - Posted by:
jeffkinnh 1/18/2022 10:48:01 AM (No. 1042618)
Biden and his Green efforts CREATED the problem. Now EVERYONE is paying the price in cost and availability of energy. The Greens and moron politicians act like their actions are without cost which is a blatant lie. Further, the cost hits the poor harder than anyone else. Well off people can always get what they want by paying a bit more. To them, it's pocket change. Poor people simply do NOT have the money for it. Further, the impact of rising energy costs affects the WHOLE economy, inflating prices of everything. THIS is the underpinning for 7% inflation, the highest in 4 decades.
For all you fools who were annoyed with Trump, you got what you voted for, chaos and pain. For rational people, it was obvious what would happen with Bidepends, Pelousy, and Chuckie in charge, yet you handed everything over to them.
"Can't do much about it"? They would have to repudiate their whole agenda.
24 people like this.
Reply 9 - Posted by:
john56 1/18/2022 11:15:30 AM (No. 1042654)
Wait a minute. I thought Biden was taking credit for (slightly) lower gasoline prices a couple weeks ago. Remember? They've gone up $1.50-$2 a gallon and he was taking credit for a 2 cent dip.
I noticed here in Texas, gas was creeping back to that $3 mark, was just in the $2.60 range a couple weeks back.
9 people like this.
Pedophile News Network seeks to fluff Diaper Joe to the taxpayer again. No one believes your lies. Reversing course on drilling and Keystone (now too late because the developer pulled the plug) would still help to bring prices down, though not in the short term.
Or, Xiden could stop kissing the asses of every dirtbag in the ME with an oil well. Just a thought.
10 people like this.
Reply 11 - Posted by:
bigfatslob 1/18/2022 11:23:40 AM (No. 1042670)
It is all Biden's fault he was handed energy independence after the stolen election and he proudly displayed him signing EO of closing the pipeline putting thousands out of work on his first day. All of this was so the Greenpeace idiots could celebrate a victory over fossil fuels that's what it was all about. Thanks Joe it's all on you big dummy. MAGA
11 people like this.
Reply 12 - Posted by:
DVC 1/18/2022 11:54:32 AM (No. 1042718)
"Can't do much about it", CNN as usual LYING.
Stop shutting down production, open the pipeline and we'll have plenty of oil.
10 people like this.
Reply 13 - Posted by:
peebster 1/18/2022 12:05:14 PM (No. 1042738)
He's already done something about it. He caused it, then exacerbated it.
9 people like this.
Reply 14 - Posted by:
formerNYer 1/18/2022 12:36:05 PM (No. 1042807)
Garbage article from a garbage network run by people with garbage for brains.
Rebooting the pipeline would help, allowing fracking on government land would help, increasing production in this country would help.
Nope nothing xiden could do about it. Yeah, we believe every word you say cnn.
8 people like this.
Reply 15 - Posted by:
FJB 1/18/2022 12:52:06 PM (No. 1042830)
Ya got that right, considering he planned it all along. Same-same for the border "crisis!"
8 people like this.
Reply 16 - Posted by:
red1066 1/18/2022 2:04:56 PM (No. 1042915)
Gas prices were at half the price they are now last year at this time until Biteme started his executive orders. So if it isn't Biteme's fault, whose is it?
4 people like this.
Reply 17 - Posted by:
singermom9 1/18/2022 2:39:16 PM (No. 1042958)
Maybe biden does not think it is a federal problem like covid.
3 people like this.
He could allow more drilling and open the pipelines. CNN is just trying to cover for Joe Xi Minh.
3 people like this.
Reply 19 - Posted by:
Old Army Vet 1/18/2022 4:23:23 PM (No. 1043058)
Xiden can't do much about anything.
2 people like this.
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The media's plaintive wail - Please Don't Blame Joe!