Wednesday, March 9, 2022

About Those High Gasoline Prices..

It roils me the amount of misinformation going around. The majority of which blames President Biden.





(1) Can someone show me one country in the world where prices are not going up? Biden cannot control prices in this country let alone prices in other countries throughout the world.

(2) Last year we used more oil then the year before. This year is on track for using even more. Yet there is no shortage at any pump. Therefore the problem is with prices rather then supply issues.

(3) There are at least 3 major oil companies supposedly competing. How come everyone of them charge the same prices within pennies? Price fixing?

(4) We used to drive efficient vehicles. Now a whole bunch of people are driving huge pickups they have no use for. Most which wouldn't fit in my garage. This along with the unnecessary single driver in a 5 or 7 seater SUV', vans, etc.

(5) I much rather spend $5 a gallon then not being able to get gasoline like we couldn't several years ago when it was less then half this price.

(6) Gasoline companies are not patriots. There's absolutely no incentive having to transport and hope to sell 20% more fuel to earn the same income they get delivering 20% less product. The same oil companies that show they're making record profits.

(7) People love to point fingers, whine and complain about everything. It's what we do.

1 comment:

  1. Let me add this...
    Trump says the U.S. should not have been buying Russian oil, but imports increased 39% during his four years, after dropping 22% over Obama’s two terms.

    SOURCE: HUFFPOST.COM

    ReplyDelete

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