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Archive for the ‘gas prices’ Category

Gas prices

13 Mar

Many people are disturbed by rising gas prices. You can thank former Presidents Obama and Biden for that. President Obama shut down some of our oil production supposedly to save our environment but it still has to be pumped somewhere so it only shifts production away from American soil. It resulted in a shift of our oil purchases to Iran and Nicaragua and resulted in higher gas prices, reaching over $4.00 a gallon. Both countries are run by dictators who funnel a lot of the money to the government elite when many of the citizens are dirt poor and do not benefit from it. In addition, Iran has used the money to support terrorism against the United States and Israel. President Trump restored American oil production and made us self sufficient in only four years resulting in a drastic drop in gas prices, reaching only $1.50 a gallon in many places. He also approved the building of the pipeline from Canada to supplement our oil. It also created a lot of jobs and funneled the money back into the American economy. President Biden cancelled the pipeline from Canada and shutdown a lot of America’s oil production forcing the oil companies to get oil from Iran and Nicaragua. Nicaragua is rich in oil but was unable to  develop it and had encouraged American oil companies to drill and extract the oil  making Nicaragua a rich country. However the Socialist government that took over  took over the oil production facilities and did not compensate the oil companies for all the expense of developing them. In addition, the ruling elite drained the money coming in from the oil and destroyed the countries economy leaving the people poor. Therefore President Biden was enriching the ruling elite in Iran and Nicaragua rather then the American people or the people of Nicaragua. In addition, it leaves us vulnerable to having our oil supply shut off or being charged high prices for oil. President Biden also drained our oil surplus supplies leaving us without a backup supply in case our oil supply was cut off by the those countries or we faced a natural disaster like the hurricane that hit Texas forcing the refineries to shut down. President Trump is working to restore America’s oil production but it takes time. When President Biden shut down the building of the pipeline from Canada, it not only deprived us of the oil from a friendly country, it forced  Canada to build the pipeline to the Pacific coast and sell the oil to China so everyone benefited from President Biden’s oil policies but the United States. With our oil supply cut off from Iran, it is forcing gas prices up until American oil companies can resume full production.

 

 
 

Priorities-G

21 Feb

It is clear where President Biden’s priorities are. He issued a ban on new oil drilling to satisfy the environmentalists causing gas prices to double. However, with his ratings falling because of inflation fueled by rising fuel prices and his out of control spending, he apparently had second thoughts about restricting our oil production. He apparently hoped to cut his party’s losses in the off-year elections, and bowed to public pressure to cut gas restrictions to allow a drop in gas prices. He agreed to open new gas drilling and gas prices started to fall slightly. However, due to pressure from environmentalists, who contribute to his party’s campaign funds, he has now restored the ban on new drilling and prices have begun rising again. Apparently he is more concerned about the source of his campaign funds than about the voters that elected him and who might not vote for his party in the upcoming election.

 

Gas Prices-J

21 Feb

I just checked gas prices to fill up the car and the price has been going up for three weeks straight. A lot of it is due to the fighting in the Mid-East. Most stations are about $3.29 a gallon compared to $1.75 a gallon when President Biden took office. President Trump pushed America to be independent of Arab oil prices which lowered gas prices since it didn’t have to be transported from the Mid-east and profits went to American workers and investors. Under President Trump, gas prices would not have been affected by the war, but now the fighting is pushing prices up still further. President Biden forced cuts in America’s oil production forcing us to buy oil from Mid-Eastern countries which has to be transported by ship, greatly increasing the cost. A lot of that oil goes through the Suez Canal and the shipping lanes near the Arab States. Arab terrorists have made travel in the region difficult and many are oil  tankers who are opting to go around the south of Africa to avoid it, which creates extensive delay and a lot of extra cost.  In addition, there is nothing to prevent the Arab countries from raising prices to hurt the American economy, like they did in 1974. The profit from Arab oil goes to Arab countries who supply our oil and much of it goes into the pockets of rich Arab rulers who in turn support Arab terrorist activities.

 

 

Previous Posts 14/15

24 Dec

This is the fourteenth in the series of previous posts and highlights

mission trip, values, personal notes, gas prices, previous posts

Click on the links below to access those series.