Gas Prices Currently Dropping at Fastest Rate in over a Decade

"I did that!" - President Biden
caranddriver.com/news/a40784291/gas-prices-dropping-fastest-rate-decades/

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Other urls found in this thread:

thefinancialtrends.com/2022/08/08/markets-think-biden-administration-faked-gas-demand-data-to-force-prices-down/
crsreports.congress.gov/product/pdf/IN/IN11916
whitehouse.gov/briefing-room/statements-releases/2022/07/26/fact-sheet-department-of-energy-releases-new-notice-of-sale-as-gasoline-prices-continue-to-fall/
twitter.com/SFWRedditGifs

Yep all of those losers crying about how "Brandon" made their gas prices go up are now going to be very quiet. America is a country full of people who eat all the free bread sticks at Olive Garden and then leave a bad review

thefinancialtrends.com/2022/08/08/markets-think-biden-administration-faked-gas-demand-data-to-force-prices-down/

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Putin Price Drop

>gas still way more expensive than when Trump was in office
>BUT LOOK HE DECREASED IT FROM WHERE HE INCREASED IT BY REMOVING THE TAX THAT COULD HAVE BEEN REMOVED ALL ALONG

>gas rises 3 dollars since trump
>goes down 80 cents.
>"oy vey goys!! I saved the day"

Sloppy job Mossad. Gtfo nigger

You should print a picture of Trumps face with the 2016 to 2020 prices

Some user. Make an infograph

THE BIDEN RECESSION

SINCE THE HUGE FED HIKES MARKETS HAVE NOW SWITCHED TO PRICING IN THE BIDEN RECESSION

>cause problems
>heroically fix the problems you caused
>look how sweet I am!
Why are humans so weak to this shit?

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Putin did this

Actually according to Joe Biden these are Putins price cuts

Fake news. Fake election. Fake gas prices.
The morons ruling the Biden junta just destroyed all credibility that federal economic data will ever have from now on, for short-term political gain.

Wtf I love Biden now

What were the prices before Biden again?

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That's still up from 4 years ago
God the media manipulation is so fucking absurd and yet I know there are people who will fall for it. I hate this world so much but more importantly I hate the Antichrist

if anything good happens, the government takes credit (even though it's usually the free market)
if anything bad happens, the government blames it on something else (even though you can correlate their interventionist actions with the negative results)

Absolutely Orwellian

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Let me know when food prices follow suit

Faking federal economic data for short-term political gain is a major scandal that will have long-term economic consequences.

This is like celebrating that a thief has finished robbing you. Ok, great, the robbery is over, but all your money is gone.

Can we start the nuclear war already?

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Heaven forbid we give him credit for the gas prices going down! It’s only stuff that makes him look bad that could possibly be his fault!

By draining your Strategic Petroleum Reserve and also a little thing called "Demand Destruction".
Good job.

More like the thief stopped robbing when people noticed and is now waiting for the victim to go back to sleep to continue the robbery

still 4.40 in the north east you fucking kike.

How many fracking and offshore oil and pipelines got shut down by his administration, who promised to do just that?

>Down $0.83
>Still like $4
Cool.

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>raise gas prices to historic highs all summer
>people stop driving as much
>prices go down
>’BIDEN LOWERS GAS PRICES FASTER THAN EVER’
journalists belong in mass graves

>increase gas to $5
>it drops
>still double compared to Jan 20th
Democrats are Lennie but without any sympathetic traits. Literally too stupid to function on their own

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I hate liberals with all my heart

>>Causes gas prices to rise with shitty policies
>>Things haven't returned to normal
>>Please praise biderino please!

THEY ARE GONNA LOSE THE MIDTERMS ANYWAY
ITS TOO LATE PEOPLE ARE PISSED AT THE ECONOMY AND ITS THE BIDEN ECONOMY ITS INGRAINED ALREADY

HOWS THAT 4TH OF JULY COOKOUT LOOKING THIS YEAR
WHERES THE 2022 TWEET

Obviously he did that. You blamed him for it rising but not for it falling? Stop being a goddamn hypocrite.

COOL WHERE'S MY GAS REBATE

It only went down because the Biden junta lied about gas demand in a fake economic report. That trick only works once. And once it's used the fed flushes its credibility and its not getting it back, ever. The gas industry will quickly realize that report was fake, since they have their own statistics sources, and it will ignore federal economic data from now on when setting gas prices.

Rose from 2.10 to 5.15 where i live, now its 4.70. Am i supposed to give a fuck? Ask for some sort of fucking priase when you bring it back to sub 2.50 you fucking faggot shill.

>Heaven forbid we give him credit for the gas prices going down!
Why would anyone give him credit?

He never once took the blame and responsibility that it was because of him in the first place. Apparently on Putin controls our gas prices, remember?

So if gas is down, then thank you President Putin.
Stop simping for this corrupt career politician geriatric.

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They’re legitimately stupid. I think it’s both a mix of malice ad resentment against white people and legit economic illiteracy

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Why did the Biden stickers stop?

Yes because they going on and on about how the president has no control over the price

This is like complaining about a fireman putting out a fire he didn't start.

>First by inflation... then by deflation.

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see

>Nooooo you gotta drive fuel inefficient vehicles in the heccin city for your joberino vaxtard

Not the most Christian take but nevertheless,
/thread

How did Joe not start the fire?
He even said he'd start the fire during his campaign.

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>the president has no effect on gas prices going up
>the president is 100% responsible for bringing gas prices down
Which one is it?

See

An spr release of 1 million bpd is still happening.
So oil prices are being driven down by this temporary flooding of oil.

There is still a critical shortage of all refined products. This recent drop is probably due to speculators betting too much on the price of oil rising to soon, and so they're are liquidating their positions.

I hope to god you’re right user. I. Don’t doubt they’ll pull shit in November especially in PA or Arizona but I’m just hoping they lose the house

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So why'd the stickers stop?

SPR release ends right before election day.
Then oil will double
Then biden will implement price caps and rationing
then europe will impose energy lockdowns.

Ok you’re just b8ing

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Stop where?
I still see them every couple of days
Fuck Joe Biden corrupt piece of human shit

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>someone stabs you 10x
>they bandage 2 of the wounds
>while you're bleeding to death they scream
>WHY CAN'T YOU GIVE ME CREDIT FOR THE GOOD THINGS I'VE DONE?

Yes he did that, by speeding up the recession. What a fucking suprise that has goes down when demand goes down. You niggers think he deserves praise for destroying the economy?

the inflation reduction act increases taxes on gas and oil, and so it will increase inflation.

The boldness of democrat deception is astonishing.

They stopped because Biden is literally draining our reserves. We’ll see record high prices AND an empty reserve.

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until midterms are over

>Each president causes a problem worse than the previous one so that the next president has to deal with it
OOOOOOHHH SAYYYYY

>called "Demand Destruction".
This. Gasoline prices are a lagging indicator. This is excess supply back in the market because people are choosing to eat instead of drive.

Bidencultists believe Joe should be praised for shitting in his pants

>They increased choco rations from 25 to 15 grams per month! Doubleplusgood!

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>"I did that!" - President Biden
Cause a recession? Yeah.

Imagine walking back a problem you created buy about 25^% then claiming you should be re-elected over it.

When they release people from the social credit re-education camps they'll reeeeee about how Americans are gaining freedoms at a pace not seen since the end of the civil war.

Still nearly double to when he came in and they were already dropping.

He should start charging $20 a gallon for gas, and then make a bill reducing gas prices to $10 per gallon.
>largest gas price decrease in history
>biden makes gas drop ten dollarinos!!!

this thread again

the gas prices bullshit is because we are emptying our strategic petroleum reserves

They changed the definition of recession and have a plan that is currently in effect to release over 200 million barrels of oil between april and october of this year, which is just under 1/3rd of our strategic petroleum reserve which maxed out is 749 million barrels. Shit is so fucked you have to have your eyes closed to not see what's going on.
crsreports.congress.gov/product/pdf/IN/IN11916

>The President and his team engaged in round-the-clock diplomacy resulting in the release of 240 million barrels from the United States as well as allies and partners globally to meet this moment.

>With these releases, the President has executed a drawdown of unprecedented size and scope to respond to the energy market disruptions posed by Russia’s invasion, and his actions are having an impact. It is, as one leading analyst noted at the time of announcement, “hard to overstate the scale of this intervention.” And the Department of Energy is delivering.

>There is no precedent for this level of drawdown, and one major bank estimated in March that the maximum drawdown capacity of the SPR was only 500,000 barrels per day. Nonetheless, the SPR is executing at a speed that is about twice that level.
whitehouse.gov/briefing-room/statements-releases/2022/07/26/fact-sheet-department-of-energy-releases-new-notice-of-sale-as-gasoline-prices-continue-to-fall/

we're selling our strategic reserve so gas prices go down so the democrats don't get hosed in the midterm, this is madness