Do you support Biden if so justify this!

If you support Biden and you support his policies have you figured out how much your support has cost you? Well let’s take fuel my truck has a 35 gallon tank I fill it up twice a week. Fuel is 2 dollars more per gallon because of the Executive order reversing Trump policies on oil and gas. That means I I buy about 60 gallons a week so that is $120.00 extra a week this is $6240.00 a year. If this goes for three years that is $18,720.00 in three years. This does not take into account food electric and rents going up also.

Now if he is re-elected you mite as well look at 40,000.00 down the drain. This could have been used to pay down college loans. A purchase of a house or an electric car.

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reflectingmonkey · 51-55, M

I'm not American but I know that here in my country and pretty much everywhere on earth prices for gas have gone up, the fact that you think that its because of Biden is kind of funny. so you think if Trump gets reelected the price of gas all over the world will sudenly go down ? 🤭

dale74 · M

@reflectingmonkey first of all when Trump was President the United States was exporting oil we did not have to import any for domestic use we reproducing more oil than we were consuming. When Biden took office he shut down certain types of oil production making us have to import oil again. So yes if Trump was reelected oil prices would go down in the United States.

dale74 · M

@reflectingmonkey Trump got her oil prices all the way down to pre-2000 levels

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BlueVeins · 22-25

@dale74

dale74 · M

@BlueVeins I'm not talking about fuel that was imported just to be refined in the gasoline and diesel fuel and then shipped back out I'm talking about domestic use.

BlueVeins · 22-25

@dale74 That's not how it works. We can't efficiently refine most of the oil that we produce because most of our oil is light, sweet oil, whereas our refineries are built for the heavy, sour oil. Oil prices notably spiked in 2019 after the Houthis attacked Saudi oil production facilities, albeit much less since it was a much smaller event. The US was never insulated from international oil shocks. It's definitely theoretically possible to do, but it'd be a huge financial investment anyway. So if we're shelling out a shit ton of money, we might as well just switch to transportation systems that don't give children asthma.

dale74 · M

@BlueVeins you're wrong again how many times can you do this in one day we have oil refineries that are sitting idle because they don't have enough oil to refine and yes we import oil to refine it because we have more refinery capacity than anywhere else on Earth.
https://www.eia.gov/tools/faqs/faq.php?id=727&t=6

BlueVeins · 22-25

@dale74 [quote]we have oil refineries that are sitting idle because they don't have enough oil to refine[/quote]

We do have oil refineries shut down, but that's not the reason why. The refineries got hit hard by the demand shock during the pandemic, and the firms that owned them got financially wrecked.

https://www.reuters.com/business/energy/which-us-refineries-have-shut-since-global-pandemic-why-2022-06-17/

[quote]yes we import oil to refine it because we have more refinery capacity than anywhere else on Earth.[/quote]

We also have the world's biggest oil [i]consumption and production[/i], so that doesn't really explain it babe. The real explanation is this --

[quote]Conversely, the United States has exported crude oil to more destinations because of growing demand for light-sweet crude oil abroad. Several infrastructure changes have allowed the United States to export this crude oil. New, expanded, or reversed pipelines have been delivering crude oil from production centers to export terminals. Export terminals have been expanded to accommodate greater crude oil tanker traffic, larger crude oil tankers, and larger cargo sizes.

More stringent national and international regulations limiting the sulfur content of transportation fuels are also affecting demand for light-sweet crude oil. Many of the less complex refineries outside of the United States cannot process and remove sulfur from heavy-sour crude oils and are better suited to process light-sweet crude oil into transportation fuels with lower sulfur content.[/quote]

https://www.eia.gov/todayinenergy/detail.php?id=41754

Thanks for citing the EIA by the way, so now you can't credibly deny the fact that it's a good source.