https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html

Next time you stop at a gas station, think of it as a $100-a-month tax cut. Or
a maybe $100-a-month raise.

The steady drop in gas prices over the last few months has turned into an
unexpected form of economic stimulus, coming at a time when the Federal
Reserve is trying to cool the economy and battle rising prices with higher
interest rates.

Since hitting a record of $5.02 a gallon on June 14, the national average
price for regular gas is down $1.10, or 22%, to $3.92, according to AAA. That
average has now fallen for 67 consecutive days. Since the typical US household
uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
savings of $98.82.

A $1 decrease in gas prices equals about $125 billion a year in savings for US
households, or more than $10 billion a month, said Mark Zandi, chief economist
for Moody's Analytics. That's equal to about a half of a percentage point on
the nation's gross domestic product, the broadest measure of economic
activity.

-------------------------
How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
this time last year? Where was the CNN article last June about us getting a
pay cut/tax hike from the Democrats in charge? Oh, that's right. It doesn't
exist. And if a $1.00/gallon decrease equates to $125 billion in savings, then
doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
monkey-clown journalism is this?

And when gas prices were increasing by the minute, the line from the White
House was you can't blame Biden because "the president doesn't control gas
prices". But now that they're slightly dropping-- yet still at nowhere near a
reasonable level-- Old Joe is taking full credit and running victory laps.

How does that work? When they're rising the president can't control them, but
when they're dropping, it's all due to his brilliant leadership. Sure thing,
Grandpa Badfinger. Don't piss on my leg and tell me it's raining.

On 8/20/2022 9:29 PM, BTR1701 wrote:
> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>
> Next time you stop at a gas station, think of it as a $100-a-month tax cut. Or
> a maybe $100-a-month raise.

If you think they're "gaslighting" what should the figure be? Oh,
that's right, you're a eunuch with an utter lack of balls and incapable
of saying anything consequential on any subject. How droll.

One might say you're gaslighting about the gaslighting.

On 8/20/2022 10:29 PM, BTR1701 wrote:
> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>
> Next time you stop at a gas station, think of it as a $100-a-month tax cut. Or
> a maybe $100-a-month raise.
>
> The steady drop in gas prices over the last few months has turned into an
> unexpected form of economic stimulus, coming at a time when the Federal
> Reserve is trying to cool the economy and battle rising prices with higher
> interest rates.
>
> Since hitting a record of $5.02 a gallon on June 14, the national average
> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA. That
> average has now fallen for 67 consecutive days. Since the typical US household
> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
> savings of $98.82.
>
> A $1 decrease in gas prices equals about $125 billion a year in savings for US
> households, or more than $10 billion a month, said Mark Zandi, chief economist
> for Moody's Analytics. That's equal to about a half of a percentage point on
> the nation's gross domestic product, the broadest measure of economic
> activity.
>
> -------------------------
> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
> this time last year? Where was the CNN article last June about us getting a
> pay cut/tax hike from the Democrats in charge? Oh, that's right. It doesn't
> exist. And if a $1.00/gallon decrease equates to $125 billion in savings, then
> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
> monkey-clown journalism is this?
>
> And when gas prices were increasing by the minute, the line from the White
> House was you can't blame Biden because "the president doesn't control gas
> prices". But now that they're slightly dropping-- yet still at nowhere near a
> reasonable level-- Old Joe is taking full credit and running victory laps.
>
> How does that work? When they're rising the president can't control them, but
> when they're dropping, it's all due to his brilliant leadership. Sure thing,
> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.

Did CNN go dark while gas prices were streaking heavenward?

On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:

> On 8/20/2022 10:29 PM, BTR1701 wrote:
>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>
>> Next time you stop at a gas station, think of it as a $100-a-month tax cut.
>> Or
>> a maybe $100-a-month raise.
>>
>> The steady drop in gas prices over the last few months has turned into an
>> unexpected form of economic stimulus, coming at a time when the Federal
>> Reserve is trying to cool the economy and battle rising prices with higher
>> interest rates.
>>
>> Since hitting a record of $5.02 a gallon on June 14, the national average
>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>> That
>> average has now fallen for 67 consecutive days. Since the typical US
>> household
>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>> savings of $98.82.
>>
>> A $1 decrease in gas prices equals about $125 billion a year in savings for
>> US
>> households, or more than $10 billion a month, said Mark Zandi, chief
>> economist
>> for Moody's Analytics. That's equal to about a half of a percentage point on
>> the nation's gross domestic product, the broadest measure of economic
>> activity.
>>
>> -------------------------
>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>> this time last year? Where was the CNN article last June about us getting a
>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It doesn't
>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>> then
>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>> monkey-clown journalism is this?
>>
>> And when gas prices were increasing by the minute, the line from the White
>> House was you can't blame Biden because "the president doesn't control gas
>> prices". But now that they're slightly dropping-- yet still at nowhere near
>> a
>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>
>> How does that work? When they're rising the president can't control them,
>> but
>> when they're dropping, it's all due to his brilliant leadership. Sure thing,
>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>
> Did CNN go dark while gas prices were streaking heavenward?

No, they just took their cue from Circle Back Psaki and blamed it all on
Putin. They sure didn't write articles highlighting how the fact that gas
jumped $1.50/gallon means you basically got your pay cut by $100 a month
because that wouldn't help Democrats. Articles like the one above *do* help
Democrats so that's why we get them.

On 8/21/2022 9:45 AM, BTR1701 wrote:
> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>
>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>
>>> Next time you stop at a gas station, think of it as a $100-a-month tax cut.
>>> Or
>>> a maybe $100-a-month raise.
>>>
>>> The steady drop in gas prices over the last few months has turned into an
>>> unexpected form of economic stimulus, coming at a time when the Federal
>>> Reserve is trying to cool the economy and battle rising prices with higher
>>> interest rates.
>>>
>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>> That
>>> average has now fallen for 67 consecutive days. Since the typical US
>>> household
>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>> savings of $98.82.
>>>
>>> A $1 decrease in gas prices equals about $125 billion a year in savings for
>>> US
>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>> economist
>>> for Moody's Analytics. That's equal to about a half of a percentage point on
>>> the nation's gross domestic product, the broadest measure of economic
>>> activity.
>>>
>>> -------------------------
>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>> this time last year? Where was the CNN article last June about us getting a
>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It doesn't
>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>> then
>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>> monkey-clown journalism is this?
>>>
>>> And when gas prices were increasing by the minute, the line from the White
>>> House was you can't blame Biden because "the president doesn't control gas
>>> prices". But now that they're slightly dropping-- yet still at nowhere near
>>> a
>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>
>>> How does that work? When they're rising the president can't control them,
>>> but
>>> when they're dropping, it's all due to his brilliant leadership. Sure thing,
>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>
>> Did CNN go dark while gas prices were streaking heavenward?
>
> No, they just took their cue from Circle Back Psaki and blamed it all on
> Putin.

As opposed to right wing assholes blaming it all on Biden?

They sure didn't write articles highlighting how the fact that gas
> jumped $1.50/gallon means you basically got your pay cut by $100 a month
> because that wouldn't help Democrats. Articles like the one above *do* help
> Democrats so that's why we get them.

Life is so unfair. Right wing assholes have no control of anything,
including the media. You have Fox News, but nobody gives a shit about
that. You have right wing horseshit sites like "daily caller", but no
one gives a shit about those either. You human incarnations of
horseshit, such as Ted Cruz, MTG, Boebert, Charlie McCarthy, Gym Jordan
and a whole host of other worthless fucks who no one gives a shit about.
Yet you keep whining like the cunt you are--why? If you want to be a
part of something people give a shit about it become a Democrat. Or
keep on as a whiny cunt, I don't really give a shit either.

On 8/21/2022 7:45 AM, BTR1701 wrote:
> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>
>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>
>>> Next time you stop at a gas station, think of it as a $100-a-month tax cut.
>>> Or
>>> a maybe $100-a-month raise.
>>>
>>> The steady drop in gas prices over the last few months has turned into an
>>> unexpected form of economic stimulus, coming at a time when the Federal
>>> Reserve is trying to cool the economy and battle rising prices with higher
>>> interest rates.
>>>
>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>> That
>>> average has now fallen for 67 consecutive days. Since the typical US
>>> household
>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>> savings of $98.82.
>>>
>>> A $1 decrease in gas prices equals about $125 billion a year in savings for
>>> US
>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>> economist
>>> for Moody's Analytics. That's equal to about a half of a percentage point on
>>> the nation's gross domestic product, the broadest measure of economic
>>> activity.
>>>
>>> -------------------------
>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>> this time last year? Where was the CNN article last June about us getting a
>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It doesn't
>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>> then
>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>> monkey-clown journalism is this?
>>>
>>> And when gas prices were increasing by the minute, the line from the White
>>> House was you can't blame Biden because "the president doesn't control gas
>>> prices". But now that they're slightly dropping-- yet still at nowhere near
>>> a
>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>
>>> How does that work? When they're rising the president can't control them,
>>> but
>>> when they're dropping, it's all due to his brilliant leadership. Sure thing,
>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>
>> Did CNN go dark while gas prices were streaking heavenward?
>
> No, they just took their cue from Circle Back Psaki and blamed it all on
> Putin. They sure didn't write articles highlighting how the fact that gas
> jumped $1.50/gallon means you basically got your pay cut by $100 a month
> because that wouldn't help Democrats. Articles like the one above *do* help
> Democrats so that's why we get them.
>

So do you blame Biden for high gas prices in Europe and elsewhere across
the world too?

On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:

> On 8/21/2022 7:45 AM, BTR1701 wrote:
>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>
>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>
>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>> cut.
>>>> Or
>>>> a maybe $100-a-month raise.
>>>>
>>>> The steady drop in gas prices over the last few months has turned into an
>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>> interest rates.
>>>>
>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>> That
>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>> household
>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>> savings of $98.82.
>>>>
>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>> for
>>>> US
>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>> economist
>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>> point on
>>>> the nation's gross domestic product, the broadest measure of economic
>>>> activity.
>>>>
>>>> -------------------------
>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>> this time last year? Where was the CNN article last June about us
>>>> getting a
>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>> doesn't
>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>> then
>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>> monkey-clown journalism is this?
>>>>
>>>> And when gas prices were increasing by the minute, the line from the White
>>>> House was you can't blame Biden because "the president doesn't control gas
>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>> near
>>>> a
>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>
>>>> How does that work? When they're rising the president can't control them,
>>>> but
>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>> thing,
>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>
>>> Did CNN go dark while gas prices were streaking heavenward?
>>
>> No, they just took their cue from Circle Back Psaki and blamed it all on
>> Putin. They sure didn't write articles highlighting how the fact that gas
>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>> because that wouldn't help Democrats. Articles like the one above *do* help
>> Democrats so that's why we get them.
>>
>
> So do you blame Biden for high gas prices in Europe and elsewhere across
> the world too?

He can't take credit for them going down if he ducked the blame for them going
up.

On 8/21/2022 10:46 AM, BTR1701 wrote:
> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>
>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>
>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>
>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>> cut.
>>>>> Or
>>>>> a maybe $100-a-month raise.
>>>>>
>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>> interest rates.
>>>>>
>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>> That
>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>> household
>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>> savings of $98.82.
>>>>>
>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>> for
>>>>> US
>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>> economist
>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>> point on
>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>> activity.
>>>>>
>>>>> -------------------------
>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>> this time last year? Where was the CNN article last June about us
>>>>> getting a
>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>> doesn't
>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>> then
>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>> monkey-clown journalism is this?
>>>>>
>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>> near
>>>>> a
>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>
>>>>> How does that work? When they're rising the president can't control them,
>>>>> but
>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>> thing,
>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>
>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>
>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>> Democrats so that's why we get them.
>>>
>>
>> So do you blame Biden for high gas prices in Europe and elsewhere across
>> the world too?
>
> He can't take credit for them going down if he ducked the blame for them going
> up.

Wow, you really are that stupid. What if they went up globally, and
came down a large amount in the U.S.? Or am I overlooking the fact that
right wing whiny cunts like you don't really give a shit what the truth
is? You can fuck off now you fucking loser.

On 8/21/2022 8:46 AM, BTR1701 wrote:
> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>
>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>
>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>
>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>> cut.
>>>>> Or
>>>>> a maybe $100-a-month raise.
>>>>>
>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>> interest rates.
>>>>>
>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>> That
>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>> household
>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>> savings of $98.82.
>>>>>
>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>> for
>>>>> US
>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>> economist
>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>> point on
>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>> activity.
>>>>>
>>>>> -------------------------
>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>> this time last year? Where was the CNN article last June about us
>>>>> getting a
>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>> doesn't
>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>> then
>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>> monkey-clown journalism is this?
>>>>>
>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>> near
>>>>> a
>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>
>>>>> How does that work? When they're rising the president can't control them,
>>>>> but
>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>> thing,
>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>
>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>
>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>> Democrats so that's why we get them.
>>>
>>
>> So do you blame Biden for high gas prices in Europe and elsewhere across
>> the world too?
>
> He can't take credit for them going down if he ducked the blame for them going
> up.
>
>
That doesn't answer my question.

In article <tdtltr$1qme$1@gioia.aioe.org>, suzeeq <suzee@imbris.com>
wrote:

> On 8/21/2022 8:46 AM, BTR1701 wrote:
> > On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
> >
> >> On 8/21/2022 7:45 AM, BTR1701 wrote:
> >>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com>
> >>> wrote:
> >>>
> >>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
> >>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
> >>>>>
> >>>>> Next time you stop at a gas station, think of it as a $100-a-month
> >>>>> tax cut. Or a maybe $100-a-month raise.
> >>>>>
> >>>>> The steady drop in gas prices over the last few months has turned into
> >>>>> an unexpected form of economic stimulus, coming at a time when the
> >>>>> Federal Reserve is trying to cool the economy and battle rising prices
> >>>>> with higher interest rates.
> >>>>>
> >>>>> Since hitting a record of $5.02 a gallon on June 14, the national
> >>>>> average price for regular gas is down $1.10, or 22%, to $3.92,
> >>>>> according to AAA. That average has now fallen for 67 consecutive days.
> >>>>> Since the typical US household uses about 90 gallons of gas a month,
> >>>>> the $1.10 drop in prices equals a savings of $98.82.
> >>>>>
> >>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
> >>>>> for US households, or more than $10 billion a month, said Mark Zandi,
> >>>>> chief economist for Moody's Analytics. That's equal to about a half of
> >>>>> a percentage point on the nation's gross domestic product, the broadest
> >>>>> measure of economic activity.
> >>>>>
> >>>>> -------------------------
> >>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I
> >>>>> was this time last year? Where was the CNN article last June about us
> >>>>> getting a pay cut/tax hike from the Democrats in charge? Oh, that's
> >>>>> right. It doesn't exist. And if a $1.00/gallon decrease equates to
> >>>>> $125 billion in savings, then doesn't a $1.50 increase equate to a
> >>>>> $187.5 billion loss? What kind of monkey-clown journalism is this?
> >>>>>
> >>>>> And when gas prices were increasing by the minute, the line from the
> >>>>> White House was you can't blame Biden because "the president doesn't
> >>>>> control gas prices". But now that they're slightly dropping-- yet
> >>>>> still at nowhere near a reasonable level-- Old Joe is taking full
> >>>>> credit and running victory laps.
> >>>>>
> >>>>> How does that work? When they're rising the president can't control
> >>>>> them, but when they're dropping, it's all due to his brilliant
> >>>>> leadership. Sure thing, Grandpa Badfinger. Don't piss on my leg and
> >>>>> tell me it's raining.
> >>>>
> >>>> Did CNN go dark while gas prices were streaking heavenward?
> >>>
> >>> No, they just took their cue from Circle Back Psaki and blamed it all
> >>> on Putin. They sure didn't write articles highlighting how the fact that
> >>> gas jumped $1.50/gallon means you basically got your pay cut by $100 a
> >>> month because that wouldn't help Democrats. Articles like the one above
> >>> *do* help Democrats so that's why we get them.
> >>>
> >> So do you blame Biden for high gas prices in Europe and elsewhere across
> >> the world too?
> >
> > He can't take credit for them going down if he ducked the blame for them
> > going up.
> >
> That doesn't answer my question.

Gas prices were rising in America long before they jumped in Europe due
to their own separate energy issues.

Again, Biden can't take credit for them going down in America if he
ducked the blame for them going up.

On Sun, 21 Aug 2022 09:19:06 -0700, suzeeq <suzee@imbris.com> wrote:

>On 8/21/2022 8:46 AM, BTR1701 wrote:
>> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>>
>>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>>
>>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>>
>>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>>> cut.
>>>>>> Or
>>>>>> a maybe $100-a-month raise.
>>>>>>
>>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>>> interest rates.
>>>>>>
>>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>>> That
>>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>>> household
>>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>>> savings of $98.82.
>>>>>>
>>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>>> for
>>>>>> US
>>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>>> economist
>>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>>> point on
>>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>>> activity.
>>>>>>
>>>>>> -------------------------
>>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>>> this time last year? Where was the CNN article last June about us
>>>>>> getting a
>>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>>> doesn't
>>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>>> then
>>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>>> monkey-clown journalism is this?
>>>>>>
>>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>>> near
>>>>>> a
>>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>>
>>>>>> How does that work? When they're rising the president can't control them,
>>>>>> but
>>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>>> thing,
>>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>>
>>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>>
>>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>>> Democrats so that's why we get them.
>>>>
>>>
>>> So do you blame Biden for high gas prices in Europe and elsewhere across
>>> the world too?
>>
>> He can't take credit for them going down if he ducked the blame for them going
>> up.
>>
>>
>That doesn't answer my question.

Gas prices in Europe have been way higher than here in America for decades
due to their own energy issues. I blame Biden for apparently feeling we
needed to be more like Europe and totally dependent on someone else for our
fuel.

Notice Biden, even while tooting his own horn, doesn't mention that we'll
have to pay to replenish the strategic oil reserves at higher prices than we
originally paid for it?

https://nypost.com/2022/08/17/energy-experts-push-back-as-white-house-takes-credit-for-falling-gas-prices/

....President Biden claims that his decision to release 180 million barrels
of oil from the Strategic Petroleum Reserve is the reason for the recent
drop.

“I promised I’d address [Russian President Vladimir] Putin’s price hike at
the pump, and I am,” the president tweeted on Aug. 11. “We’ve used our
strategic petroleum reserve to get relief to families fast — and we rallied
our allies and partners around the world to do the same. More work remains,
but prices are dropping.”

The price of US crude fell to a six-month low of $86.53 a barrel on Tuesday
— which is nearly $4 cheaper than a week ago, though more than $19 higher
compared to a year ago at this time. On Wednesday, US crude rose 1.6% to
$87.92 per barrel.

But Biden’s own Treasury Department acknowledged last month that the impact
of the release was mild and that it lowered the price of gasoline between 17
cents and 42 cents per gallon.

Experts told The Post that the administration is unjustifiably tooting its
own horn.

“Gas prices have fallen for multiple reasons, but Americans cutting back on
consumption is the major factor,” Anthony Schiavo, an analyst at
Boston-based Lux Research, told The Post.

Schiavo cited government data which showed that demand for gas dropped to
8.857 million barrels per day during the four-week period that spanned July.
That number is much lower than last year’s number of 9.456 million barrels
per day during the same time period.

On 8/21/2022 10:14 AM, EGK wrote:
> On Sun, 21 Aug 2022 09:19:06 -0700, suzeeq <suzee@imbris.com> wrote:
>
>> On 8/21/2022 8:46 AM, BTR1701 wrote:
>>> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>>>
>>>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>>>
>>>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>>>
>>>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>>>> cut.
>>>>>>> Or
>>>>>>> a maybe $100-a-month raise.
>>>>>>>
>>>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>>>> interest rates.
>>>>>>>
>>>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>>>> That
>>>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>>>> household
>>>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>>>> savings of $98.82.
>>>>>>>
>>>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>>>> for
>>>>>>> US
>>>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>>>> economist
>>>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>>>> point on
>>>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>>>> activity.
>>>>>>>
>>>>>>> -------------------------
>>>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>>>> this time last year? Where was the CNN article last June about us
>>>>>>> getting a
>>>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>>>> doesn't
>>>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>>>> then
>>>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>>>> monkey-clown journalism is this?
>>>>>>>
>>>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>>>> near
>>>>>>> a
>>>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>>>
>>>>>>> How does that work? When they're rising the president can't control them,
>>>>>>> but
>>>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>>>> thing,
>>>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>>>
>>>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>>>
>>>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>>>> Democrats so that's why we get them.
>>>>>
>>>>
>>>> So do you blame Biden for high gas prices in Europe and elsewhere across
>>>> the world too?
>>>
>>> He can't take credit for them going down if he ducked the blame for them going
>>> up.
>>>
>>>
>> That doesn't answer my question.
>
> Gas prices in Europe have been way higher than here in America for decades
> due to their own energy issues. I blame Biden for apparently feeling we
> needed to be more like Europe and totally dependent on someone else for our
> fuel.
>
> Notice Biden, even while tooting his own horn, doesn't mention that we'll
> have to pay to replenish the strategic oil reserves at higher prices than we
> originally paid for it?
>
> https://nypost.com/2022/08/17/energy-experts-push-back-as-white-house-takes-credit-for-falling-gas-prices/
>
> ...President Biden claims that his decision to release 180 million barrels
> of oil from the Strategic Petroleum Reserve is the reason for the recent
> drop.
>
> “I promised I’d address [Russian President Vladimir] Putin’s price hike at
> the pump, and I am,” the president tweeted on Aug. 11. “We’ve used our
> strategic petroleum reserve to get relief to families fast — and we rallied
> our allies and partners around the world to do the same. More work remains,
> but prices are dropping.”
>
> The price of US crude fell to a six-month low of $86.53 a barrel on Tuesday
> — which is nearly $4 cheaper than a week ago, though more than $19 higher
> compared to a year ago at this time. On Wednesday, US crude rose 1.6% to
> $87.92 per barrel.
>
> But Biden’s own Treasury Department acknowledged last month that the impact
> of the release was mild and that it lowered the price of gasoline between 17
> cents and 42 cents per gallon.
>
> Experts told The Post that the administration is unjustifiably tooting its
> own horn.
>
> “Gas prices have fallen for multiple reasons, but Americans cutting back on
> consumption is the major factor,” Anthony Schiavo, an analyst at
> Boston-based Lux Research, told The Post. >
> Schiavo cited government data which showed that demand for gas dropped to
> 8.857 million barrels per day during the four-week period that spanned July.
> That number is much lower than last year’s number of 9.456 million barrels
> per day during the same time period.

The fact that they've been dropping daily for the last two months seems
to be not entirely because demand is decreasing, but that the oil
companies saw that they couldn't continue price high prices.

On 8/21/2022 11:46 AM, BTR1701 wrote:
> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>
>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>
>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>
>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>> cut.
>>>>> Or
>>>>> a maybe $100-a-month raise.
>>>>>
>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>> interest rates.
>>>>>
>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>> That
>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>> household
>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>> savings of $98.82.
>>>>>
>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>> for
>>>>> US
>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>> economist
>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>> point on
>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>> activity.
>>>>>
>>>>> -------------------------
>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>> this time last year? Where was the CNN article last June about us
>>>>> getting a
>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>> doesn't
>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>> then
>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>> monkey-clown journalism is this?
>>>>>
>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>> near
>>>>> a
>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>
>>>>> How does that work? When they're rising the president can't control them,
>>>>> but
>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>> thing,
>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>
>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>
>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>> Democrats so that's why we get them.
>>>
>>
>> So do you blame Biden for high gas prices in Europe and elsewhere across
>> the world too?
>
> He can't take credit for them going down if he ducked the blame for them going
> up.

You're inventing a symmetry with no basis. Is a sheriff who captures an
escaped convict automatically to blame for the breakout?

In article <oMuMK.158780$El2.47889@fx45.iad>,
moviePig <pwallace@moviepig.com> wrote:

> On 8/21/2022 11:46 AM, BTR1701 wrote:

> > He can't take credit for them going down if he ducked the blame for them
> > going up.
>
> You're inventing a symmetry with no basis. Is a sheriff who captures an
> escaped convict automatically to blame for the breakout?

Usually, yes.

In article <tdtphd$6plm$1@solani.org>, suzeeq <suzee@imbris.com> wrote:

> On 8/21/2022 10:14 AM, EGK wrote:
> > On Sun, 21 Aug 2022 09:19:06 -0700, suzeeq <suzee@imbris.com> wrote:

> >>>> So do you blame Biden for high gas prices in Europe and elsewhere across
> >>>> the world too?

> > Gas prices in Europe have been way higher than here in America for decades
> > due to their own energy issues. I blame Biden for apparently feeling we
> > needed to be more like Europe and totally dependent on someone else for our
> > fuel.

Yes, his people-- particularly Buttygeg-- have said several times that
they don't think this is all that bad a thing because it'll push people
to buy electric cars.

Sure, Pete. I can't afford the gas, so I'll just dump my perfectly good
car and somehow buy an electric that's three times the cost of a normal
vehicle.

They clearly don't mind the high prices because it feeds their Agenda.

And no one has been able to explain how shutting down all our domestic
production, but then buying oil from overseas to offset it in any way
helps mitigate 'climate change'.

It's like they believe the climate only changes when North American oil
is burned; that if we buy it from Venezuela or Saudi Arabia, somehow the
emissions don't count. Like a chubby girl who tells herself that
calories consumed on vacation won't make her fat.

The reality is that producing oil domestically is much *better* for the
environment than buying it from some tinpot 3rd-world dictator. Our
drilling and refining systems are heavily regulated and have to meet
strict environmental guidelines. You think Maduro down in Venezuela has
the same standards? Nope. And oil produced and refined here doesn't need
to be shipped on a tanker across the ocean with the always-present risk
of disaster. The same people who screech about the environmental dangers
of a pipeline break on land put us in the position where we have to risk
even greater environmental catastrophes by shipping all our oil in from
elsewhere.

Given all that, the energy policy of the Biden Administration seems
almost intentionally self-defeating.

> > Notice Biden, even while tooting his own horn, doesn't mention that we'll
> > have to pay to replenish the strategic oil reserves at higher prices than
> > we originally paid for it?
>
> The fact that they've been dropping daily for the last two months

Up like a rocket, down like a feather...

> seems to be not entirely because demand is decreasing, but that the oil
> companies saw that they couldn't continue price high prices.

On 8/21/2022 11:46 AM, BTR1701 wrote:
> In article <tdtltr$1qme$1@gioia.aioe.org>, suzeeq <suzee@imbris.com>
> wrote:
>
>> On 8/21/2022 8:46 AM, BTR1701 wrote:
>>> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>>>
>>>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com>
>>>>> wrote:
>>>>>
>>>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>>>
>>>>>>> Next time you stop at a gas station, think of it as a $100-a-month
>>>>>>> tax cut. Or a maybe $100-a-month raise.
>>>>>>>
>>>>>>> The steady drop in gas prices over the last few months has turned into
>>>>>>> an unexpected form of economic stimulus, coming at a time when the
>>>>>>> Federal Reserve is trying to cool the economy and battle rising prices
>>>>>>> with higher interest rates.
>>>>>>>
>>>>>>> Since hitting a record of $5.02 a gallon on June 14, the national
>>>>>>> average price for regular gas is down $1.10, or 22%, to $3.92,
>>>>>>> according to AAA. That average has now fallen for 67 consecutive days.
>>>>>>> Since the typical US household uses about 90 gallons of gas a month,
>>>>>>> the $1.10 drop in prices equals a savings of $98.82.
>>>>>>>
>>>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>>>> for US households, or more than $10 billion a month, said Mark Zandi,
>>>>>>> chief economist for Moody's Analytics. That's equal to about a half of
>>>>>>> a percentage point on the nation's gross domestic product, the broadest
>>>>>>> measure of economic activity.
>>>>>>>
>>>>>>> -------------------------
>>>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I
>>>>>>> was this time last year? Where was the CNN article last June about us
>>>>>>> getting a pay cut/tax hike from the Democrats in charge? Oh, that's
>>>>>>> right. It doesn't exist. And if a $1.00/gallon decrease equates to
>>>>>>> $125 billion in savings, then doesn't a $1.50 increase equate to a
>>>>>>> $187.5 billion loss? What kind of monkey-clown journalism is this?
>>>>>>>
>>>>>>> And when gas prices were increasing by the minute, the line from the
>>>>>>> White House was you can't blame Biden because "the president doesn't
>>>>>>> control gas prices". But now that they're slightly dropping-- yet
>>>>>>> still at nowhere near a reasonable level-- Old Joe is taking full
>>>>>>> credit and running victory laps.
>>>>>>>
>>>>>>> How does that work? When they're rising the president can't control
>>>>>>> them, but when they're dropping, it's all due to his brilliant
>>>>>>> leadership. Sure thing, Grandpa Badfinger. Don't piss on my leg and
>>>>>>> tell me it's raining.
>>>>>>
>>>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>>>
>>>>> No, they just took their cue from Circle Back Psaki and blamed it all
>>>>> on Putin. They sure didn't write articles highlighting how the fact that
>>>>> gas jumped $1.50/gallon means you basically got your pay cut by $100 a
>>>>> month because that wouldn't help Democrats. Articles like the one above
>>>>> *do* help Democrats so that's why we get them.
>>>>>
>>>> So do you blame Biden for high gas prices in Europe and elsewhere across
>>>> the world too?
>>>
>>> He can't take credit for them going down if he ducked the blame for them
>>> going up.
>>>
>> That doesn't answer my question.
>
> Gas prices were rising in America long before they jumped in Europe

Cite?

On 8/21/2022 1:25 PM, moviePig wrote:
> On 8/21/2022 11:46 AM, BTR1701 wrote:
>> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>>
>>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>>>   On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig"
>>>> <pwallace@moviepig.com> wrote:
>>>>>   On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>>>
>>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>>     Next time you stop at a gas station, think of it as a
>>>>>> $100-a-month tax
>>>>>> cut.
>>>>>>   Or
>>>>>>     a maybe $100-a-month raise.
>>>>>>     The steady drop in gas prices over the last few months has
>>>>>> turned into an
>>>>>>     unexpected form of economic stimulus, coming at a time when
>>>>>> the Federal
>>>>>>     Reserve is trying to cool the economy and battle rising prices
>>>>>> with higher
>>>>>>     interest rates.
>>>>>>     Since hitting a record of $5.02 a gallon on June 14, the
>>>>>> national average
>>>>>>     price for regular gas is down $1.10, or 22%, to $3.92,
>>>>>> according to AAA.
>>>>>>   That
>>>>>>     average has now fallen for 67 consecutive days. Since the
>>>>>> typical US
>>>>>>   household
>>>>>>     uses about 90 gallons of gas a month, the $1.10 drop in prices
>>>>>> equals a
>>>>>>     savings of $98.82.
>>>>>>     A $1 decrease in gas prices equals about $125 billion a year
>>>>>> in savings
>>>>>> for
>>>>>>   US
>>>>>>     households, or more than $10 billion a month, said Mark Zandi,
>>>>>> chief
>>>>>>   economist
>>>>>>     for Moody's Analytics. That's equal to about a half of a
>>>>>> percentage
>>>>>> point on
>>>>>>     the nation's gross domestic product, the broadest measure of
>>>>>> economic
>>>>>>     activity.
>>>>>>     -------------------------
>>>>>>     How is it a "raise" when I'm still spending $1.50/gallon
>>>>>> *more* than I was
>>>>>>     this time last year? Where was the CNN article last June about us
>>>>>> getting a
>>>>>>     pay cut/tax hike from the Democrats in charge? Oh, that's
>>>>>> right. It
>>>>>> doesn't
>>>>>>     exist. And if a $1.00/gallon decrease equates to $125 billion
>>>>>> in savings,
>>>>>>   then
>>>>>>     doesn't a $1.50 increase equate to a $187.5 billion loss? What
>>>>>> kind of
>>>>>>     monkey-clown journalism is this?
>>>>>>     And when gas prices were increasing by the minute, the line
>>>>>> from the White
>>>>>>     House was you can't blame Biden because "the president doesn't
>>>>>> control gas
>>>>>>     prices". But now that they're slightly dropping-- yet still at
>>>>>> nowhere
>>>>>> near
>>>>>>   a
>>>>>>     reasonable level-- Old Joe is taking full credit and running
>>>>>> victory laps.
>>>>>>     How does that work? When they're rising the president can't
>>>>>> control them,
>>>>>>   but
>>>>>>     when they're dropping, it's all due to his brilliant
>>>>>> leadership. Sure
>>>>>> thing,
>>>>>>     Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>>
>>>>>   Did CNN go dark while gas prices were streaking heavenward?
>>>>   No, they just took their cue from Circle Back Psaki and blamed it
>>>> all on
>>>>   Putin. They sure didn't write articles highlighting how the fact
>>>> that gas
>>>>   jumped $1.50/gallon means you basically got your pay cut by $100 a
>>>> month
>>>>   because that wouldn't help Democrats. Articles like the one above
>>>> *do* help
>>>>   Democrats so that's why we get them.
>>>
>>> So do you blame Biden for high gas prices in Europe and elsewhere across
>>> the world too?
>>
>> He can't take credit for them going down if he ducked the blame for
>> them going
>> up.
>
> You're inventing a symmetry with no basis.  Is a sheriff who captures an
> escaped convict automatically to blame for the breakout?

On Planet Derp he is.

In article <atropos-E5DB78.12055721082022@news.giganews.com>,
BTR1701 <atropos@mac.com> wrote:

> In article <tdtphd$6plm$1@solani.org>, suzeeq <suzee@imbris.com> wrote:
> > The fact that they've been dropping daily for the last two months
>
> Up like a rocket, down like a feather...

That means you'll have to be pissed to a lesser degree until they get
back to normal and then you'll really be pissed because that political
cudgel will be gone (one of the few Republicans have).

On Sun, 21 Aug 2022 10:20:42 -0700, suzeeq <suzee@imbris.com> wrote:

>On 8/21/2022 10:14 AM, EGK wrote:
>> On Sun, 21 Aug 2022 09:19:06 -0700, suzeeq <suzee@imbris.com> wrote:
>>
>>> On 8/21/2022 8:46 AM, BTR1701 wrote:
>>>> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>>>>
>>>>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>>>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>>>>
>>>>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>>>>
>>>>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>>>>> cut.
>>>>>>>> Or
>>>>>>>> a maybe $100-a-month raise.
>>>>>>>>
>>>>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>>>>> interest rates.
>>>>>>>>
>>>>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>>>>> That
>>>>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>>>>> household
>>>>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>>>>> savings of $98.82.
>>>>>>>>
>>>>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>>>>> for
>>>>>>>> US
>>>>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>>>>> economist
>>>>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>>>>> point on
>>>>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>>>>> activity.
>>>>>>>>
>>>>>>>> -------------------------
>>>>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>>>>> this time last year? Where was the CNN article last June about us
>>>>>>>> getting a
>>>>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>>>>> doesn't
>>>>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>>>>> then
>>>>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>>>>> monkey-clown journalism is this?
>>>>>>>>
>>>>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>>>>> near
>>>>>>>> a
>>>>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>>>>
>>>>>>>> How does that work? When they're rising the president can't control them,
>>>>>>>> but
>>>>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>>>>> thing,
>>>>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>>>>
>>>>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>>>>
>>>>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>>>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>>>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>>>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>>>>> Democrats so that's why we get them.
>>>>>>
>>>>>
>>>>> So do you blame Biden for high gas prices in Europe and elsewhere across
>>>>> the world too?
>>>>
>>>> He can't take credit for them going down if he ducked the blame for them going
>>>> up.
>>>>
>>>>
>>> That doesn't answer my question.
>>
>> Gas prices in Europe have been way higher than here in America for decades
>> due to their own energy issues. I blame Biden for apparently feeling we
>> needed to be more like Europe and totally dependent on someone else for our
>> fuel.
>>
>> Notice Biden, even while tooting his own horn, doesn't mention that we'll
>> have to pay to replenish the strategic oil reserves at higher prices than we
>> originally paid for it?
>>
>> https://nypost.com/2022/08/17/energy-experts-push-back-as-white-house-takes-credit-for-falling-gas-prices/
>>
>> ...President Biden claims that his decision to release 180 million barrels
>> of oil from the Strategic Petroleum Reserve is the reason for the recent
>> drop.
>>
>> “I promised I’d address [Russian President Vladimir] Putin’s price hike at
>> the pump, and I am,” the president tweeted on Aug. 11. “We’ve used our
>> strategic petroleum reserve to get relief to families fast — and we rallied
>> our allies and partners around the world to do the same. More work remains,
>> but prices are dropping.”
>>
>> The price of US crude fell to a six-month low of $86.53 a barrel on Tuesday
>> — which is nearly $4 cheaper than a week ago, though more than $19 higher
>> compared to a year ago at this time. On Wednesday, US crude rose 1.6% to
>> $87.92 per barrel.
>>
>> But Biden’s own Treasury Department acknowledged last month that the impact
>> of the release was mild and that it lowered the price of gasoline between 17
>> cents and 42 cents per gallon.
>>
>> Experts told The Post that the administration is unjustifiably tooting its
>> own horn.
>>
>> “Gas prices have fallen for multiple reasons, but Americans cutting back on
>> consumption is the major factor,” Anthony Schiavo, an analyst at
>> Boston-based Lux Research, told The Post. >
>> Schiavo cited government data which showed that demand for gas dropped to
>> 8.857 million barrels per day during the four-week period that spanned July.
>> That number is much lower than last year’s number of 9.456 million barrels
>> per day during the same time period.
>
>The fact that they've been dropping daily for the last two months seems
>to be not entirely because demand is decreasing, but that the oil
>companies saw that they couldn't continue price high prices.

WTF? the oil companies aren't the ones setting the cost per barrel of oil.

On 8/21/2022 3:17 PM, super70s wrote:
> In article <atropos-E5DB78.12055721082022@news.giganews.com>,
> BTR1701 <atropos@mac.com> wrote:
>
>> In article <tdtphd$6plm$1@solani.org>, suzeeq <suzee@imbris.com> wrote:
>>> The fact that they've been dropping daily for the last two months
>>
>> Up like a rocket, down like a feather...
>
> That means you'll have to be pissed to a lesser degree until they get
> back to normal and then you'll really be pissed because that political
> cudgel will be gone (one of the few Republicans have).

Cudgel? I'd call it a baton.

On 8/21/2022 1:24 PM, EGK wrote:
> On Sun, 21 Aug 2022 10:20:42 -0700, suzeeq <suzee@imbris.com> wrote:
>
>> On 8/21/2022 10:14 AM, EGK wrote:
>>> On Sun, 21 Aug 2022 09:19:06 -0700, suzeeq <suzee@imbris.com> wrote:
>>>
>>>> On 8/21/2022 8:46 AM, BTR1701 wrote:
>>>>> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>>>>>
>>>>>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>>>>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>>>>>
>>>>>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>>>>>
>>>>>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>>>>>> cut.
>>>>>>>>> Or
>>>>>>>>> a maybe $100-a-month raise.
>>>>>>>>>
>>>>>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>>>>>> interest rates.
>>>>>>>>>
>>>>>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>>>>>> That
>>>>>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>>>>>> household
>>>>>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>>>>>> savings of $98.82.
>>>>>>>>>
>>>>>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>>>>>> for
>>>>>>>>> US
>>>>>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>>>>>> economist
>>>>>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>>>>>> point on
>>>>>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>>>>>> activity.
>>>>>>>>>
>>>>>>>>> -------------------------
>>>>>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>>>>>> this time last year? Where was the CNN article last June about us
>>>>>>>>> getting a
>>>>>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>>>>>> doesn't
>>>>>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>>>>>> then
>>>>>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>>>>>> monkey-clown journalism is this?
>>>>>>>>>
>>>>>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>>>>>> near
>>>>>>>>> a
>>>>>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>>>>>
>>>>>>>>> How does that work? When they're rising the president can't control them,
>>>>>>>>> but
>>>>>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>>>>>> thing,
>>>>>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>>>>>
>>>>>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>>>>>
>>>>>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>>>>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>>>>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>>>>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>>>>>> Democrats so that's why we get them.
>>>>>>>
>>>>>>
>>>>>> So do you blame Biden for high gas prices in Europe and elsewhere across
>>>>>> the world too?
>>>>>
>>>>> He can't take credit for them going down if he ducked the blame for them going
>>>>> up.
>>>>>
>>>>>
>>>> That doesn't answer my question.
>>>
>>> Gas prices in Europe have been way higher than here in America for decades
>>> due to their own energy issues. I blame Biden for apparently feeling we
>>> needed to be more like Europe and totally dependent on someone else for our
>>> fuel.
>>>
>>> Notice Biden, even while tooting his own horn, doesn't mention that we'll
>>> have to pay to replenish the strategic oil reserves at higher prices than we
>>> originally paid for it?
>>>
>>> https://nypost.com/2022/08/17/energy-experts-push-back-as-white-house-takes-credit-for-falling-gas-prices/
>>>
>>> ...President Biden claims that his decision to release 180 million barrels
>>> of oil from the Strategic Petroleum Reserve is the reason for the recent
>>> drop.
>>>
>>> “I promised I’d address [Russian President Vladimir] Putin’s price hike at
>>> the pump, and I am,” the president tweeted on Aug. 11. “We’ve used our
>>> strategic petroleum reserve to get relief to families fast — and we rallied
>>> our allies and partners around the world to do the same. More work remains,
>>> but prices are dropping.”
>>>
>>> The price of US crude fell to a six-month low of $86.53 a barrel on Tuesday
>>> — which is nearly $4 cheaper than a week ago, though more than $19 higher
>>> compared to a year ago at this time. On Wednesday, US crude rose 1.6% to
>>> $87.92 per barrel.
>>>
>>> But Biden’s own Treasury Department acknowledged last month that the impact
>>> of the release was mild and that it lowered the price of gasoline between 17
>>> cents and 42 cents per gallon.
>>>
>>> Experts told The Post that the administration is unjustifiably tooting its
>>> own horn.
>>>
>>> “Gas prices have fallen for multiple reasons, but Americans cutting back on
>>> consumption is the major factor,” Anthony Schiavo, an analyst at
>>> Boston-based Lux Research, told The Post. >
>>> Schiavo cited government data which showed that demand for gas dropped to
>>> 8.857 million barrels per day during the four-week period that spanned July.
>>> That number is much lower than last year’s number of 9.456 million barrels
>>> per day during the same time period.
>>
>> The fact that they've been dropping daily for the last two months seems
>> to be not entirely because demand is decreasing, but that the oil
>> companies saw that they couldn't continue price high prices.
>
> WTF? the oil companies aren't the ones setting the cost per barrel of oil.
>
No, but they could take less of a profit. I bet they've made lots in the
last several months.

On Sun, 21 Aug 2022 13:55:40 -0700, suzeeq <suzee@imbris.com> wrote:

>On 8/21/2022 1:24 PM, EGK wrote:
>> On Sun, 21 Aug 2022 10:20:42 -0700, suzeeq <suzee@imbris.com> wrote:
>>
>>> On 8/21/2022 10:14 AM, EGK wrote:
>>>> On Sun, 21 Aug 2022 09:19:06 -0700, suzeeq <suzee@imbris.com> wrote:
>>>>
>>>>> On 8/21/2022 8:46 AM, BTR1701 wrote:
>>>>>> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>>>>>>
>>>>>>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>>>>>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>>>>>>
>>>>>>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>>>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>>>>>>
>>>>>>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>>>>>>> cut.
>>>>>>>>>> Or
>>>>>>>>>> a maybe $100-a-month raise.
>>>>>>>>>>
>>>>>>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>>>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>>>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>>>>>>> interest rates.
>>>>>>>>>>
>>>>>>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>>>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>>>>>>> That
>>>>>>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>>>>>>> household
>>>>>>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>>>>>>> savings of $98.82.
>>>>>>>>>>
>>>>>>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>>>>>>> for
>>>>>>>>>> US
>>>>>>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>>>>>>> economist
>>>>>>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>>>>>>> point on
>>>>>>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>>>>>>> activity.
>>>>>>>>>>
>>>>>>>>>> -------------------------
>>>>>>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>>>>>>> this time last year? Where was the CNN article last June about us
>>>>>>>>>> getting a
>>>>>>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>>>>>>> doesn't
>>>>>>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>>>>>>> then
>>>>>>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>>>>>>> monkey-clown journalism is this?
>>>>>>>>>>
>>>>>>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>>>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>>>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>>>>>>> near
>>>>>>>>>> a
>>>>>>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>>>>>>
>>>>>>>>>> How does that work? When they're rising the president can't control them,
>>>>>>>>>> but
>>>>>>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>>>>>>> thing,
>>>>>>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>>>>>>
>>>>>>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>>>>>>
>>>>>>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>>>>>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>>>>>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>>>>>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>>>>>>> Democrats so that's why we get them.
>>>>>>>>
>>>>>>>
>>>>>>> So do you blame Biden for high gas prices in Europe and elsewhere across
>>>>>>> the world too?
>>>>>>
>>>>>> He can't take credit for them going down if he ducked the blame for them going
>>>>>> up.
>>>>>>
>>>>>>
>>>>> That doesn't answer my question.
>>>>
>>>> Gas prices in Europe have been way higher than here in America for decades
>>>> due to their own energy issues. I blame Biden for apparently feeling we
>>>> needed to be more like Europe and totally dependent on someone else for our
>>>> fuel.
>>>>
>>>> Notice Biden, even while tooting his own horn, doesn't mention that we'll
>>>> have to pay to replenish the strategic oil reserves at higher prices than we
>>>> originally paid for it?
>>>>
>>>> https://nypost.com/2022/08/17/energy-experts-push-back-as-white-house-takes-credit-for-falling-gas-prices/
>>>>
>>>> ...President Biden claims that his decision to release 180 million barrels
>>>> of oil from the Strategic Petroleum Reserve is the reason for the recent
>>>> drop.
>>>>
>>>> “I promised I’d address [Russian President Vladimir] Putin’s price hike at
>>>> the pump, and I am,” the president tweeted on Aug. 11. “We’ve used our
>>>> strategic petroleum reserve to get relief to families fast — and we rallied
>>>> our allies and partners around the world to do the same. More work remains,
>>>> but prices are dropping.”
>>>>
>>>> The price of US crude fell to a six-month low of $86.53 a barrel on Tuesday
>>>> — which is nearly $4 cheaper than a week ago, though more than $19 higher
>>>> compared to a year ago at this time. On Wednesday, US crude rose 1.6% to
>>>> $87.92 per barrel.
>>>>
>>>> But Biden’s own Treasury Department acknowledged last month that the impact
>>>> of the release was mild and that it lowered the price of gasoline between 17
>>>> cents and 42 cents per gallon.
>>>>
>>>> Experts told The Post that the administration is unjustifiably tooting its
>>>> own horn.
>>>>
>>>> “Gas prices have fallen for multiple reasons, but Americans cutting back on
>>>> consumption is the major factor,” Anthony Schiavo, an analyst at
>>>> Boston-based Lux Research, told The Post. >
>>>> Schiavo cited government data which showed that demand for gas dropped to
>>>> 8.857 million barrels per day during the four-week period that spanned July.
>>>> That number is much lower than last year’s number of 9.456 million barrels
>>>> per day during the same time period.
>>>
>>> The fact that they've been dropping daily for the last two months seems
>>> to be not entirely because demand is decreasing, but that the oil
>>> companies saw that they couldn't continue price high prices.
>>
>> WTF? the oil companies aren't the ones setting the cost per barrel of oil.
>>
>No, but they could take less of a profit. I bet they've made lots in the
>last several months.

In article <1an5gh1mb7btr57f3fq8sftporq40r8c0h@4ax.com>,
EGK <memyself@null.net> wrote:

> On Sun, 21 Aug 2022 13:55:40 -0700, suzeeq <suzee@imbris.com> wrote:
>
> >On 8/21/2022 1:24 PM, EGK wrote:
> >> On Sun, 21 Aug 2022 10:20:42 -0700, suzeeq <suzee@imbris.com> wrote:
> >>
> >>> On 8/21/2022 10:14 AM, EGK wrote:
> >>>> On Sun, 21 Aug 2022 09:19:06 -0700, suzeeq <suzee@imbris.com> wrote:

> >>> The fact that they've been dropping daily for the last two months seems
> >>> to be not entirely because demand is decreasing, but that the oil
> >>> companies saw that they couldn't continue price high prices.
> >>
> >> WTF? the oil companies aren't the ones setting the cost per barrel of
> >> oil.
> >>
> >No, but they could take less of a profit. I bet they've made lots in the
> >last several months.
>
> It sounds like socialism is what you favor. Profit is why people are in
> business but it ebbs and flows and how much is too much? Did it bother you
> when the oil companies sufferred record losses during the pandemic?
>
> Politicians could cut the taxes on gas at the pump but you don't see them
> quick to do it.

Yep.

Exxon/Mobil makes about $0.22/gallon

The Democrat government of the state of California makes more than
$1.50/gallon

Who's doing the gouging here again?

> I bet "the big guy" and Nancy Pelosi and lots of other professional
> politicians have made "lots" too. I don't see any of them giving any of
> it back for the good of the country. Even mr socialism himself, Bernie
> Sanders is a millionaire after doing nothing in his entire life but "serve
> the people".

EGK <memyself@null.net> wrote:
> On Sun, 21 Aug 2022 13:55:40 -0700, suzeeq <suzee@imbris.com> wrote:
>
>> On 8/21/2022 1:24 PM, EGK wrote:
>>> On Sun, 21 Aug 2022 10:20:42 -0700, suzeeq <suzee@imbris.com> wrote:
>>>
>>>> On 8/21/2022 10:14 AM, EGK wrote:
>>>>> On Sun, 21 Aug 2022 09:19:06 -0700, suzeeq <suzee@imbris.com> wrote:
>>>>>
>>>>>> On 8/21/2022 8:46 AM, BTR1701 wrote:
>>>>>>> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>>>>>>>
>>>>>>>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>>>>>>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>>>>>>>
>>>>>>>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>>>>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>>>>>>>
>>>>>>>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>>>>>>>> cut.
>>>>>>>>>>> Or
>>>>>>>>>>> a maybe $100-a-month raise.
>>>>>>>>>>>
>>>>>>>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>>>>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>>>>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>>>>>>>> interest rates.
>>>>>>>>>>>
>>>>>>>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>>>>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>>>>>>>> That
>>>>>>>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>>>>>>>> household
>>>>>>>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>>>>>>>> savings of $98.82.
>>>>>>>>>>>
>>>>>>>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>>>>>>>> for
>>>>>>>>>>> US
>>>>>>>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>>>>>>>> economist
>>>>>>>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>>>>>>>> point on
>>>>>>>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>>>>>>>> activity.
>>>>>>>>>>>
>>>>>>>>>>> -------------------------
>>>>>>>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>>>>>>>> this time last year? Where was the CNN article last June about us
>>>>>>>>>>> getting a
>>>>>>>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>>>>>>>> doesn't
>>>>>>>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>>>>>>>> then
>>>>>>>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>>>>>>>> monkey-clown journalism is this?
>>>>>>>>>>>
>>>>>>>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>>>>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>>>>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>>>>>>>> near
>>>>>>>>>>> a
>>>>>>>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>>>>>>>
>>>>>>>>>>> How does that work? When they're rising the president can't control them,
>>>>>>>>>>> but
>>>>>>>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>>>>>>>> thing,
>>>>>>>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>>>>>>>
>>>>>>>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>>>>>>>
>>>>>>>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>>>>>>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>>>>>>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>>>>>>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>>>>>>>> Democrats so that's why we get them.
>>>>>>>>>
>>>>>>>>
>>>>>>>> So do you blame Biden for high gas prices in Europe and elsewhere across
>>>>>>>> the world too?
>>>>>>>
>>>>>>> He can't take credit for them going down if he ducked the blame for them going
>>>>>>> up.
>>>>>>>
>>>>>>>
>>>>>> That doesn't answer my question.
>>>>>
>>>>> Gas prices in Europe have been way higher than here in America for decades
>>>>> due to their own energy issues. I blame Biden for apparently feeling we
>>>>> needed to be more like Europe and totally dependent on someone else for our
>>>>> fuel.
>>>>>
>>>>> Notice Biden, even while tooting his own horn, doesn't mention that we'll
>>>>> have to pay to replenish the strategic oil reserves at higher prices than we
>>>>> originally paid for it?
>>>>>
>>>>> https://nypost.com/2022/08/17/energy-experts-push-back-as-white-house-takes-credit-for-falling-gas-prices/
>>>>>
>>>>> ...President Biden claims that his decision to release 180 million barrels
>>>>> of oil from the Strategic Petroleum Reserve is the reason for the recent
>>>>> drop.
>>>>>
>>>>> “I promised I’d address [Russian President Vladimir] Putin’s price hike at
>>>>> the pump, and I am,” the president tweeted on Aug. 11. “We’ve used our
>>>>> strategic petroleum reserve to get relief to families fast — and we rallied
>>>>> our allies and partners around the world to do the same. More work remains,
>>>>> but prices are dropping.”
>>>>>
>>>>> The price of US crude fell to a six-month low of $86.53 a barrel on Tuesday
>>>>> — which is nearly $4 cheaper than a week ago, though more than $19 higher
>>>>> compared to a year ago at this time. On Wednesday, US crude rose 1.6% to
>>>>> $87.92 per barrel.
>>>>>
>>>>> But Biden’s own Treasury Department acknowledged last month that the impact
>>>>> of the release was mild and that it lowered the price of gasoline between 17
>>>>> cents and 42 cents per gallon.
>>>>>
>>>>> Experts told The Post that the administration is unjustifiably tooting its
>>>>> own horn.
>>>>>
>>>>> “Gas prices have fallen for multiple reasons, but Americans cutting back on
>>>>> consumption is the major factor,” Anthony Schiavo, an analyst at
>>>>> Boston-based Lux Research, told The Post. >
>>>>> Schiavo cited government data which showed that demand for gas dropped to
>>>>> 8.857 million barrels per day during the four-week period that spanned July.
>>>>> That number is much lower than last year’s number of 9.456 million barrels
>>>>> per day during the same time period.
>>>>
>>>> The fact that they've been dropping daily for the last two months seems
>>>> to be not entirely because demand is decreasing, but that the oil
>>>> companies saw that they couldn't continue price high prices.
>>>
>>> WTF? the oil companies aren't the ones setting the cost per barrel of oil.
>>>
>> No, but they could take less of a profit. I bet they've made lots in the
>> last several months.
>
> It sounds like socialism is what you favor. Profit is why people are in
> business but it ebbs and flows and how much is too much? Did it bother you
> when the oil companies sufferred record losses during the pandemic?
>
> Politicians could cut the taxes on gas at the pump but you don't see them
> quick to do it. I bet "the big guy" and Nancy Pelosi and lots of other
> professional politicians have made "lots" too. I don't see any of them
> giving any of it back for the good of the country. Even mr socialism
> himself, Bernie Sanders is a millionaire after doing nothing in his entire
> life but "serve the people".
>

On 8/21/2022 7:03 PM, EGK wrote:
> On Sun, 21 Aug 2022 13:55:40 -0700, suzeeq <suzee@imbris.com> wrote:
>
>> On 8/21/2022 1:24 PM, EGK wrote:
>>> On Sun, 21 Aug 2022 10:20:42 -0700, suzeeq <suzee@imbris.com> wrote:
>>>
>>>> On 8/21/2022 10:14 AM, EGK wrote:
>>>>> On Sun, 21 Aug 2022 09:19:06 -0700, suzeeq <suzee@imbris.com> wrote:
>>>>>
>>>>>> On 8/21/2022 8:46 AM, BTR1701 wrote:
>>>>>>> On Aug 21, 2022 at 8:43:24 AM PDT, "suzeeq" <suzee@imbris.com> wrote:
>>>>>>>
>>>>>>>> On 8/21/2022 7:45 AM, BTR1701 wrote:
>>>>>>>>> On Aug 21, 2022 at 7:05:53 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>>>>>>>>
>>>>>>>>>> On 8/20/2022 10:29 PM, BTR1701 wrote:
>>>>>>>>>>> https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html
>>>>>>>>>>>
>>>>>>>>>>> Next time you stop at a gas station, think of it as a $100-a-month tax
>>>>>>>>>>> cut.
>>>>>>>>>>> Or
>>>>>>>>>>> a maybe $100-a-month raise.
>>>>>>>>>>>
>>>>>>>>>>> The steady drop in gas prices over the last few months has turned into an
>>>>>>>>>>> unexpected form of economic stimulus, coming at a time when the Federal
>>>>>>>>>>> Reserve is trying to cool the economy and battle rising prices with higher
>>>>>>>>>>> interest rates.
>>>>>>>>>>>
>>>>>>>>>>> Since hitting a record of $5.02 a gallon on June 14, the national average
>>>>>>>>>>> price for regular gas is down $1.10, or 22%, to $3.92, according to AAA.
>>>>>>>>>>> That
>>>>>>>>>>> average has now fallen for 67 consecutive days. Since the typical US
>>>>>>>>>>> household
>>>>>>>>>>> uses about 90 gallons of gas a month, the $1.10 drop in prices equals a
>>>>>>>>>>> savings of $98.82.
>>>>>>>>>>>
>>>>>>>>>>> A $1 decrease in gas prices equals about $125 billion a year in savings
>>>>>>>>>>> for
>>>>>>>>>>> US
>>>>>>>>>>> households, or more than $10 billion a month, said Mark Zandi, chief
>>>>>>>>>>> economist
>>>>>>>>>>> for Moody's Analytics. That's equal to about a half of a percentage
>>>>>>>>>>> point on
>>>>>>>>>>> the nation's gross domestic product, the broadest measure of economic
>>>>>>>>>>> activity.
>>>>>>>>>>>
>>>>>>>>>>> -------------------------
>>>>>>>>>>> How is it a "raise" when I'm still spending $1.50/gallon *more* than I was
>>>>>>>>>>> this time last year? Where was the CNN article last June about us
>>>>>>>>>>> getting a
>>>>>>>>>>> pay cut/tax hike from the Democrats in charge? Oh, that's right. It
>>>>>>>>>>> doesn't
>>>>>>>>>>> exist. And if a $1.00/gallon decrease equates to $125 billion in savings,
>>>>>>>>>>> then
>>>>>>>>>>> doesn't a $1.50 increase equate to a $187.5 billion loss? What kind of
>>>>>>>>>>> monkey-clown journalism is this?
>>>>>>>>>>>
>>>>>>>>>>> And when gas prices were increasing by the minute, the line from the White
>>>>>>>>>>> House was you can't blame Biden because "the president doesn't control gas
>>>>>>>>>>> prices". But now that they're slightly dropping-- yet still at nowhere
>>>>>>>>>>> near
>>>>>>>>>>> a
>>>>>>>>>>> reasonable level-- Old Joe is taking full credit and running victory laps.
>>>>>>>>>>>
>>>>>>>>>>> How does that work? When they're rising the president can't control them,
>>>>>>>>>>> but
>>>>>>>>>>> when they're dropping, it's all due to his brilliant leadership. Sure
>>>>>>>>>>> thing,
>>>>>>>>>>> Grandpa Badfinger. Don't piss on my leg and tell me it's raining.
>>>>>>>>>>
>>>>>>>>>> Did CNN go dark while gas prices were streaking heavenward?
>>>>>>>>>
>>>>>>>>> No, they just took their cue from Circle Back Psaki and blamed it all on
>>>>>>>>> Putin. They sure didn't write articles highlighting how the fact that gas
>>>>>>>>> jumped $1.50/gallon means you basically got your pay cut by $100 a month
>>>>>>>>> because that wouldn't help Democrats. Articles like the one above *do* help
>>>>>>>>> Democrats so that's why we get them.
>>>>>>>>>
>>>>>>>>
>>>>>>>> So do you blame Biden for high gas prices in Europe and elsewhere across
>>>>>>>> the world too?
>>>>>>>
>>>>>>> He can't take credit for them going down if he ducked the blame for them going
>>>>>>> up.
>>>>>>>
>>>>>>>
>>>>>> That doesn't answer my question.
>>>>>
>>>>> Gas prices in Europe have been way higher than here in America for decades
>>>>> due to their own energy issues. I blame Biden for apparently feeling we
>>>>> needed to be more like Europe and totally dependent on someone else for our
>>>>> fuel.
>>>>>
>>>>> Notice Biden, even while tooting his own horn, doesn't mention that we'll
>>>>> have to pay to replenish the strategic oil reserves at higher prices than we
>>>>> originally paid for it?
>>>>>
>>>>> https://nypost.com/2022/08/17/energy-experts-push-back-as-white-house-takes-credit-for-falling-gas-prices/
>>>>>
>>>>> ...President Biden claims that his decision to release 180 million barrels
>>>>> of oil from the Strategic Petroleum Reserve is the reason for the recent
>>>>> drop.
>>>>>
>>>>> “I promised I’d address [Russian President Vladimir] Putin’s price hike at
>>>>> the pump, and I am,” the president tweeted on Aug. 11. “We’ve used our
>>>>> strategic petroleum reserve to get relief to families fast — and we rallied
>>>>> our allies and partners around the world to do the same. More work remains,
>>>>> but prices are dropping.”
>>>>>
>>>>> The price of US crude fell to a six-month low of $86.53 a barrel on Tuesday
>>>>> — which is nearly $4 cheaper than a week ago, though more than $19 higher
>>>>> compared to a year ago at this time. On Wednesday, US crude rose 1.6% to
>>>>> $87.92 per barrel.
>>>>>
>>>>> But Biden’s own Treasury Department acknowledged last month that the impact
>>>>> of the release was mild and that it lowered the price of gasoline between 17
>>>>> cents and 42 cents per gallon.
>>>>>
>>>>> Experts told The Post that the administration is unjustifiably tooting its
>>>>> own horn.
>>>>>
>>>>> “Gas prices have fallen for multiple reasons, but Americans cutting back on
>>>>> consumption is the major factor,” Anthony Schiavo, an analyst at
>>>>> Boston-based Lux Research, told The Post. >
>>>>> Schiavo cited government data which showed that demand for gas dropped to
>>>>> 8.857 million barrels per day during the four-week period that spanned July.
>>>>> That number is much lower than last year’s number of 9.456 million barrels
>>>>> per day during the same time period.
>>>>
>>>> The fact that they've been dropping daily for the last two months seems
>>>> to be not entirely because demand is decreasing, but that the oil
>>>> companies saw that they couldn't continue price high prices.
>>>
>>> WTF? the oil companies aren't the ones setting the cost per barrel of oil.
>>>
>> No, but they could take less of a profit. I bet they've made lots in the
>> last several months.
>
> It sounds like socialism is what you favor. Profit is why people are in
> business but it ebbs and flows and how much is too much? Did it bother you
> when the oil companies sufferred record losses during the pandemic?