Every penny for every drop of oil is going right into the pockets of big oil and somehow it's the Democrats' fault for...

Biden's Price Hike

Have you ever in your life noticed gas prices dropping because some new pipeline was built?
Of course not. And it would not have happened with Keystone XL either.

Gasoline prices (and oil corporation profits) were already rising before the decision was made to stop buying Russian oil. That's because oil speculators drove up the price per barrel. It's the same with oil leases. Oil companies make a little money drilling for oil on leases. Those same oil companies make pure profits by not drilling and just letting investors speculate the leases. You are paying for oil companies to not drill roughly 1/3 of the million of acres and leases already under contract. Allowing more oil leases will not increase drilling and production, it will only make this speculation issue worse. Reducing the number of leases reduces speculation and forces oil companies to actually drill rather than just tease investors with pie in the sky. Already 65% of the price you pay at the pump is a speculation surcharge.
Have you ever in your life noticed gas prices dropping because some oil and gas company bought an oil lease at an auction?
Of course not. And it would not have happened with these get-rich-quick speculated leases either.

It's costs a lot more money to drill for oil in the ANWR. Carcinogens have to be pumped down the wells to prevent the bits from overheating, polluting for centuries all the aquifers it hits along the way before it reaches the oil play. The oil operations spill oil everywhere. In Texas the dust eventually hides it, but in Alaska the oil remains rock hard sludge on the surface, releasing toxic waste every time it rains.
Have you ever in your life noticed gas prices dropping because some oil and gas was being drilled in Alaska?
Of course not. And it would not have happened because any additional profits from these operations line the pockets of billionaires, not yours.

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Gas prices were $2.00 at the pump in some places during the lock downs. Oil went negative under Trump, a Republican, causing oil refineries to close and invest elsewhere rather than take a hit to secure energy supply in the future. Your infographic even shows the massive spike when Putin started a war and not Democrats somehow not pandering to oil enough.

Yes, fuck Democrats, I hope you all fucking die soon.

Compare the price of consumer goods over thar period going up, as well as cost of productions.

It can still be the same price but have absorbent production value, making the consumer pay the increased price while the seller I as still paying the same price. That's capitalism.

Great then the democrats price gouging bill will finally kick in, no wait it's still rising and DOING FUCK ALL

Typical liberal understanding of economics. A barrel of oil is about 2/3 of the input cost of a gallon of gas.
Labor, transport and taxes, 3 things liberals only know how to make more expensive, are the rest.

The bill hasn't even been passed. Do you think we have the Green New Deal too?

Sage this shit. It’s as if these monkeys don’t understand the amount of money printed by the fed in the past 5 years

2/3 and it went NEGATIVE so they're only raising prices to increase their profits while closing existing refineries.

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Joe Biden and the US Treasury as well as the EU stated that Putin sets the gas and all other prices.

Biden and the Fed believe that Putin is in control of AMerica, so far Milley and Biden have only increased Russia and every other one of Americas enemies with money and weapons.

Milley doesn't care, he is a Jewish Nigger Slave, he is allowed to commit whatever crime he wants, because he despised the US Constitution and AMerica.

He hates his own father for serving as a Marine.

Every day Mark Milley wishes that every US Marine died instead of completing their objectives.

Mark Milley hats the US military, but he loves the Chinese and Israeli milttary and ISIS. Milley was looking for an excuse to arm ISIS and kill more AMerican Soldiers.

Milley isn't American, US laws do not apply to him, he is a Chinese\Israeli citizen under orders to undermine and destroy America.

Two factors OP isn't taking into account. The federal government pretty much banned oil exploration and increased supply of a product will drop the amount that the product sales for. The oil companies still have to maintain profits for future projections due to repayment of bank loans etc.

If the federal government reverses its ban on oil exploration, oil companies will make record profits while simultaneously gas prices will drop within a 3-6 month time period.

>Supply and demand is causing increase in gas.
Oil supply is increasing but refineries are deliberately refusing increase output. You can blame Biden, but he can do much about it. It's vulture capitalism expoliting the volatility.
businessinsider.com/gas-prices-oil-company-profits-skyrocketing-energy-sector-earnings-charts-2022-5?op=1