I actually love when the left displays how ignorant they are on basic issues.
Gas Prices
- Thread starter The Tariff King
- Start date
I actually love when the left displays how ignorant they are on basic issues.
acesfull86
Well-known member
https://rollcall.com/2022/06/13/sanders-graham-square-off-on-climate-gas-prices-in-debate/
Sens. Bernie Sanders, I-Vt., and Lindsey Graham, R-S.C., sparred over rising gas prices during a Monday debate, with Sanders blaming corporate greed and Graham blaming President Joe Biden’s energy policies for the skyrocketing prices.
…
Sanders called the price of gas “outrageously high” and said oil companies are taking advantage of the war in Ukraine to pad their profits. He said that the last time oil prices were at $118 a barrel, the price of gasoline at the pump was $3.83, compared with more than $5 today.
“I do think we have to do something about the outrageously high price of gas,” Sanders said. “I think the president should bring the major oil companies in and tell them we’re going to have a windfall profit tax on what they’re doing in order to stop them from ripping off the American people.”
Graham said the increased price of gas is due to Biden’s efforts to limit fossil fuels.
“The policies you pursued in terms of energy production has decreased production in the United States in a very dramatic way,” he said. “You declared war on fossil fuels in the United States, and when you go to the pump, you’re a victim of that war.”
Graham acknowledged the reality of climate change and said the country would move to electric cars in the mid-2030s. But he said that “is no reason to destroy the fossil fuel industry in this country.”
Sanders countered by stating climate change is an existential challenge that needs to be addressed immediately.
——————
Typical leftist incoherence. If climate change is an existential crisis that needs to be addressed now, and burning fossil fuels is driving the crisis, then why is the leftist bemoaning outrageously high fossil fuel prices? Higher prices = less quantity demanded.
Sens. Bernie Sanders, I-Vt., and Lindsey Graham, R-S.C., sparred over rising gas prices during a Monday debate, with Sanders blaming corporate greed and Graham blaming President Joe Biden’s energy policies for the skyrocketing prices.
…
Sanders called the price of gas “outrageously high” and said oil companies are taking advantage of the war in Ukraine to pad their profits. He said that the last time oil prices were at $118 a barrel, the price of gasoline at the pump was $3.83, compared with more than $5 today.
“I do think we have to do something about the outrageously high price of gas,” Sanders said. “I think the president should bring the major oil companies in and tell them we’re going to have a windfall profit tax on what they’re doing in order to stop them from ripping off the American people.”
Graham said the increased price of gas is due to Biden’s efforts to limit fossil fuels.
“The policies you pursued in terms of energy production has decreased production in the United States in a very dramatic way,” he said. “You declared war on fossil fuels in the United States, and when you go to the pump, you’re a victim of that war.”
Graham acknowledged the reality of climate change and said the country would move to electric cars in the mid-2030s. But he said that “is no reason to destroy the fossil fuel industry in this country.”
Sanders countered by stating climate change is an existential challenge that needs to be addressed immediately.
——————
Typical leftist incoherence. If climate change is an existential crisis that needs to be addressed now, and burning fossil fuels is driving the crisis, then why is the leftist bemoaning outrageously high fossil fuel prices? Higher prices = less quantity demanded.
Last edited:
nsacpi
Expects Yuge Games
The bidness does respond to price signals. Now as in 2020.
https://rigcount.bakerhughes.com/
Oil rig count has increased to 733 from 461 a year ago. Domestic supply is on a nice upward trajectory that will continue as long as prices remain high. Eventually this leads to familiar boom-bust cycle that the industry is famous for.
The technology for non-fossil fuel forms of energy also responds to price signals.
https://rigcount.bakerhughes.com/
Oil rig count has increased to 733 from 461 a year ago. Domestic supply is on a nice upward trajectory that will continue as long as prices remain high. Eventually this leads to familiar boom-bust cycle that the industry is famous for.
The technology for non-fossil fuel forms of energy also responds to price signals.
Thats what the OP did in this thread.
Miraculously he can't even take the time to respond to his own thread.
You know she would say Putin. lol
cajunrevenge
Well-known member
You approve of the US government subsidizing private companies? When has that ever lowered prices?