Here they blame Russia that the price of gasoline is high and this is its responsibility... Accordingly, when the price of gasoline was low, it was also the merit of Russia. But no one thanked her for it.
@@tonyblackmon4200 Fortune Trump's oil deal: The inside story of how the Saudi-Russia price war ended Apr 14, 2020 - For the past month, Saudi Arabia has pumped every possible barrel for sale at rock-bottom prices, punishing Russia for refusing to support ... Trump calls on Russia and Saudi Arabia to cut oil production Apr 2, 2020 - Earlier Thursday, Trump tweeted that he expected a deal soon between Saudis and Russians to sharply reduce their exports. That sent Brent crude ... Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support ... Apr 30, 2020 - Trump initially welcomed lower oil prices, saying cheap gasoline prices were akin to a tax cut for drivers. That changed after Saudi Arabia ... Yeah you won't apologize I am sure..
@@tonyblackmon4200 Thanks to your Big oil POTUS You are stuck with $124.00 barrel of oil and still climbing Mr Smartypants racist prick. Trump loves your kind.. why is that? 😂...
Yea I hear all the people talking about their personal vehicles and such, I'm more concerned about the truckers that put the food on our shelves. When their bottom line goes in the negatives because of fuel cost, guess what happens to the cost of groceries. I really feel bad for them cause it takes over a thousand dollars to fill one of those trucks now and it might only last a day and half. Thanks Brandon for the mess we're in and if your blaming prices on Russia invading Ukrain, which didn't help matters, guess what, the prices were already a dollar or more before all this went down.
Boom!!!!! Yes my brothers and I are a family of truckers and yes it’s already bound to happen, truckers are planning on stopping work to raise the price on the loads, if this does happen. Just as you said, shippers will have to pay more for the loads to move and those prices of groceries will rise dramatically. I don’t see this as only Russia, what did Saunders say when he was trying to run for president? Does anyone remember? He said I won’t give anyone $15 minimum because that will collapse the economy and guess what people did? They voted Hillary and trump because they promised specially California for the $15 minimum. It’s the peoples fault for asking too much without thinking of the problems later on. Minimum wages was raised more than 50% so now the prices of gas and groceries will rise over 50% as well. Doesn’t make a difference if you got paid $7 minimum. Economy needs to balance out
@@jeremytine I get that we need to do better with renewable energy but I don't do it all at once. The problem is that it's not just gonna be a pain at the pump but the snowball effect of a dramatic fuel increase at the pump. Companies aren't gonna pay their employees more because gas went up so in return u put people struggling to pay their bills.
This is deliberate. The U.S. could've uncapped its wells and not canceled pipelines but no, we had to cripple ourselves. This has nothing to do with Russia or Ukraine, this is the government forcing their green policy.
GM has already said that it will not produce anything but electric cars after 2035. Get ready times are changing and there's nothing you can do about it. Quit clinging to your old fossil fuels that are destroying our environment. So are you don't like change but that is reality. The one constant is everything changes.
Blame the business owners. They're the ones living high on the hog when you starve. You know business owners like Donald Trump who refuses to pay contractors for work they've done.
The classic example of when you don't know what you're talking about best to keep your mouth shut. The keystone Pipeline means nothing to the price of gasoline now. This pipeline would be nowhere near finished and even when it was it would not affect the price of gasoline. Be informed before you make a statement.
@@howardzdenek98 same goes to you dimwit , keystone was already moving large quantities of oil . a pipeline doesnt just have outlets only on each end . besides that wasnt the only poor wnergy decision biden made during his first week in office that left us vulnerable . and any environmental gains made by shutting down the xl were more than offset by his signing off on the Russian pipeline deal . educate yourself next time before admonishing others , while being ignorant yourself .
@Mike Brown key stone was already moving oil, crude is crude . learn to at least make your lies believable . trump has nothing to do with you lying to protect your cult daddy . you lie poorly biden cultist ...
No need to poke a bear with a stick. Rising prices and hyperinflation are now inevitable, the US foreign policy is to blame, now you need to ask them why we have to pay for all this madness from our wallet!
Ooor we can just reopen the Keystone XL pipeline, make us energy independent and not rely anyone else for gas. Idk why the potato in chief had to shut it down.
The price of gas depends on the world market. The pipeline would increase the world supply a fraction of a percent, perhaps cutting the price at the pump by a penny.
@@MrPhotodoc And that would send the signal that the US is not a friendly country to invest into, which would reduce trust on its economy and destroy it.
Meanwhile the U.S. minimum wage has not gone up even a single penny for more than a DECADE. The government is going to let this fall 100% on the shoulders of the American working class
Everyone thought Trump was bad. 😂. Definitely curb your enthusiasm song playing to all of these Biden voters. I hate that I was right but g damn I didn't think Biden would ruin the country this fast. I underestimated him.
@@user-gt4bf1mh9h it isnt that they're offended, they dont think for themselves. The media really controlled these people. It still does. Biden destroys every single thing he touches, and these people dont see it. Gas is 6 bucks, and it hasnt clicked in to his supporters
What does Putin and Russia have to do with it? According to the agreement, Russia will supply at the old prices even before August. All claims to the President of America, to their policy and the reverse consequence of the sanctions policy. But further, after August, it will be even more expensive when they completely abandon Russian oil. We have a lot to think about...
They need to give families monthly gas vouchers. This isn't due to war. It's all because the oil refineries said they weren't going to produce more oil than normal because they want to make as much profit as possible.
Before this house plant infiltrated the Whitehouse that wasn't the case because we were paying less than 1/2 what it is now. This is due to Biden being a total POS. I would say failure but it is not a failure he is succeeding in exactly what he was trying to do.
$5.70 / 3.79 (1 US gallon = 3.78 litres) = $1.50 per litre. $1.50 = £1.13 (per litre). That's ridiculously cheap compared to what the UK has been paying for the last decade.
It is crazy that you americans think that $5.69 per gallon is much. You pay over all far too less for the gas.That's why you all drive trucks that consume a lot of fuel and don't care what comes out of your exhaust. In Germany you normally pay 5.67€ per gallon which is caused by many taxes used for environmental protection. Due to the war in Ukraine, we are now paying 8.88€ per gallon. That's a lot, and not your $5.69, which is still very cheap.
America is extremely dependent on cars we also used to produce alot of oil domestically to keep prices down so 5$ for gas for the US is a death sentence since if theirs no gas in your car your virtually under house arrest where as in Germany just use public transportation or walk or bike :edit also to add Americas infrastructure is built around cars so and with that places are further away from each other then in europe where streets where built for walking.
Oh most definitely I was hoping this crap he’s done can be reversed w new president or something, just not here to flipping stay BOUT TO PUMP AND JUMP! Looters loot why not pump n jump
@@matthewcaughey8898 Russians own a load of crypto, I doubt there's that much panic considering their currency works very different from the US dollar within the country. Everything is also way cheaper than in America even before the war especially gas. It's not that its more expensive just much more greed, and a nation that thinks its above all
@@daftsutradesign1318 Do you really believe an average voter is gonna care about international relations when the grocery shelves go empty? lol American's are not used to hunger and poverty, and thats exactly what these gas prices will lead to
Уважаемые Американцы. Хотелось бы вас предупредить. Если ваше правительство продолжит действовать у наши границ так же нагло и бесцеремонно. Размещать биологические и химические лаборатории. Устраивать войны. Мы все страной готовы дать Путину разрешение применения термоядерного оружия по Америке и их сателитам. Мы то попадем в рай а вы просто сдохните. Делайте что ни будь с вашим правительством выходите на митинги и держите своих ястребов. Не злите нас мы на пределе.
@@Aeternum_Gaming I actually have a three cylinder car. It's a Mitsubishi. Kind of a dog on the road with the extra weight, but it gets me there. Glad I bought it now.
They can't stay to high for to long otherwise it will make investment into renewables and alternatives more attractive and oil company's do t want that
Except gas and oil are vital for EVERYTHING! You want food? Yeah, farmers require gas for their tractors, and for transporting said food to the store. You need ammo for your gun to go hunting? Someone has to transport those bullets and/or materials required to make the bullets. You have a job? Well, the product your company requires will increase drastically in price since gas prices are going up. And we are not factoring in all the plastics required for EVERYTHING.
If the prices stay high, it means more profit to be gained from investing into oil. Why would anyone wanting to make a profit would invest into renewables when oil is more profitable?
Nah lower this ish. This is pissing me off. Travel is gonna be hard for everyone now. When there’s one problem, there’s always another. So freaking annoying. First pandemic then they finally end the masks and pandemic crap and get us excited just for them to raise gas to make people not even travel or rarely travel. I’m done with the government at this point. Smh
Biden's own words in the campaign in 2019: "Number one, no more subsidies for fossil fuel industry. No more drilling on federal lands. No more drilling, including offshore. No ability for the oil industry to continue to drill, period, ends, number 1
Yeah? So? Do you seriously think this is the reason for high gas prices? Sorry son but the rabbit hole goes much deeper. Simply put, the pandemic is why gas prices fell and recovery from the pandemic is why gas prices rose. The Russian invasion is why it continues to rise. Please research this and remember that not every problem is centered on politics.
Russia is not to blame. America wants to become independent from Russia. hahahah and now the Arabs have rejected the talks with the USA and the Americans are trying to find a replacement with their arch-enemies Iran and Venezuella hahahahahahhahah
I remind you biden said that dollar cost 200 roubles. So come here to moscow guys, liter of fuel for $0.22, month ticket for metro, most beautifull in the world $10. And the same big mac in Mcdonald’s without yellow letter M costs only $0.78 !
I'd like to ask a question (as a layman) , suppose there's a car for sale (used) that has a relatively large engine like 5.0 or more litres. If it was for sale a few months ago before the conflict at a certain price, and is still for sale now, will these increases in gas prices cause the car's value to change? (off the top of my head I'm thinking "would it become cheaper because it's a gas guzzler and such would automatically become 'unpopular' in today's economic situation?")
I expect so. One thing about energy costs going up so fast is it cuts into disposable income in real time. Plus the uncertainty of war and the future will likely spur changes in buying behaviors leading to recession. Which of course will cut into big purchases like autos. Its coming. You better believe it. Now is the time to sell. Not the time to buy any car. Incomes are not going up as fast as inflation. Its only a matter of time that these highers costs will catch up spending.
If the truck was 5,000 it will still be 5,000, it’s just the customer may reconsider because of gas, which fluctuates. The actual value of the vehicle doesn’t depreciate
Shut up Brandon you stopped the production of our oil pipeline on day one in office. Gas prices in the US shouldn't have spiked so high if you didn't interfere with our pipeline! Let's go Brandon!!!
Remember the government isn't the oil companies. Like any other business, unless Federal laws are being broken, the government can't make them do anything. If there aren't any State laws being broken, the State can't make them do anything. The oil companies are privately owned, it's their product. They decide what they sell it for. Stop blaming the Presidents everytime, for something they have no legal power over. If you want them to bring the prices down, give them incentive. Find ways to force them to drop the prices. We can start by literally only driving when necessary. Combine all your driving stops in a perfectly mapped out route. Use Google maps and set your route, so you travel as little as possible. Cancel all planned personal trips to keep from buying more gas. Another thing we can do is, us little people ban together and choose one gas station to buy from. For instance we choose to buy from Chevron only. Guess what when Exxon/Mobil, Shell, 76 and others aren't getting any gas sales you'll see those prices drop. However, we don't buy the gas because it dropped 10 cents a gallon. We wait til it's 50 cents less. Then we again choose only one place say Exxon/Mobil. Then, you'll see places dropping prices again and maybe even offering other incentives to buy their gas. Again, we wait for another substantial drop before we purchase. If a company decides to try to gouge us again. We ban using them for an extended period of time, like three months. This could work, and in this day and age with the internet, we can come together and make this happen. This is how we make change. Not by blaming people who have no power to make anything happen.
@@SketchyGhettoSpic @A. G. Hernandez @A. G. Hernandez What do you think Wal-Mart does. For generations stores were operating in areas all over the country. You might have to go to six locations to get what you want. Wal-Mart pops up and within that generation all those stores closed, why? They combined all your stops into one location, they brought the cost down on competitors prices and they gave you incentives to shop there (great return policies (even if you broke it. I know I've done it). They stay open later or always. Another example is Amazon. They made it so you don't have to leave you house to 6 locations, nope not even one. They gave you incentive buy this get that for cheaper, free shipping, order tracking. They also went so far as to take loses on products just to put businesses out of business. Both these companies could do this, because they are private companies. As long as they aren't breaking Federal or State laws it's all legal and no President or other member of the Three Branches in our government could do anything about it. Now you can still say pure nonsense, but these are facts. No right wing, no left wing, just facts.
@@raydeelena6385 Your argument is that Biden has no power. No rational person believes this myth. Today's governments have almost absolute control over businesses in every country. They exercise this power by banning new projects, approving projects that benefit them, taxation, tarrifs, carbon taxes, allowing lobbying, invading other countries, and creating tributary states. Nice try though.
No, part of what determines the price of oil are oil futures, which is like a prediction of future supply. Biden has halted new leases on public lands which has caused oil futures and thus the price of gas to skyrocket.
This does not explain WHY the price of gas is so high. It's not because of the price of crude. The price of a barrel of oil was the same in 2011 but gas prices were nowhere near this high.
And most of us are sheep and will continue to pay high prices. People need to be stronger and boycott gas, but nope, people are just weak sheep and will accept it.
Keep the issue simple: In America (Free Market) we have oil and gas barons. They're analogous to profiteers. Supply and demand. The U.S. oil barons are selling globally to bank cash, and shorting the supply to American's at the same time. More profits for them overseas. They love this market right now. The American oligarchs as we know them.
This is pure cope. Prices were low until the instant the Biden administration got in and shut down new leases on federal lands, causing oil futures to skyrocket.
@@ruoideptrai здравствуйте, я русский, и могу описать ситуацию так, как я ее вижу. Факты таковы: есть страна Украина, но она не самостоятельная, а делает то, что говорят олигархи из США. Для сравнения это как если бы Мексика делала то что хочет Россия. Далее, военный блок НАТО накачивал оружием националистически настроенных людей на Украине и там шла гражданская война. Текущий президент Украины, сказал что есть технологии и скоро создадут у себя грязное ядерное оружие. Это как если бы Мексика которая слушает Россию так заявила. Чтобы сделали США если бы Мексика такое заявила? Риторический вопрос... Вот имеем то что имеем.
Canada has the 3rd largest oil reserves in the world. The problem is clearly that they like price hikes and want people paying $5-$7/per gallon. This obscene profiteering is driven by a corporate culture that doesn't bend to public needs. That's why oil production should be a public trust not a privatized environment that only seeks out ways to expand and exploit.
Just to give you some context when you point out how expensive petrol at 6USD / Gallon In Germany the prices hiked above 9USD / Gallon. That is an average, but at certain times at some stations we see 11USD / Gallon. If the price reaches the predicted 12.5USD / Gallon... And we already paid 44cents/kw for electricity... the price now... :-/
@@Tokomi Sadly though, I am just a guest yet, the privilege of voting is a long way down the road, but I will do that :-) I never met a German who was in favor of that decision btw. /Pretty small sample rate though, 50-100 person./
@@peterbalogh2646 It really is a small sample of people it makes you wonder how they're in power. Then that's what i found crazy is that the government didn't listen and just did it anyway. Back when Trump was president he at least mentioned to Germany its a bad idea to become energy dependent on russia. Same thing going on in America with the people not supporting the government changes or policy. Right now the US has a completely open border with Mexico that's under cartel control and people want it dealt with but our government seems to not want to do anything about it even though its putting mainly a lot of young adults in danger. Same happened in Canada with the Prime minister refusing to end lockdowns even though that's what the majority want. It seems like America slacked off for a couple of years and next thing you know we were under tensions worse than the cold war. It's corrupt people in power that make crazy changes so drastic like energy dependency. They have no problem making it since it doesn't affect them personally just a whole lot of people
@@Tokomi I have a different angle. They did it because the ones voted for them won't care much, so they won't vote for another party just because of this. On the other hand the dark green ones would vote for the green party, and that party was coming up strongly, so they just took the wind off their boat. That is it. Simple. Sadly. Trump? Trump also said that drinking disinfectant might be enough against covid... and... it is easy to be smart, but this energy dependance gave Germany a strong economic growth. How would you sell spending billions on things they "might" need? I see, that was a bad idea overall, but as a matter of fact the international intervention and distancing should have happened at the very first moment when the internet was censored. Yes it shoud have happened against China as well, or for the cobalt industry when environmental goals or human labour rights wasn't met. So being smart for Trump is not an option. Easy to say things when you are risking nothing, and frankly, he just did nothing. Economic war with China? Out of thin air? That is bs. If it would have been tied to environmental and labour rights goals then yes, it would do something, but like this? Nobody has done a single thing, no president, no country, nobody. We were happily flew high hoping that there will be a place to land, and we are doing it still, because we like cheap, and when voters happy, politicians can keep power. When the sh1t hits the fan, because China is a superpower which at the moment do not have to give a f about anything, and we can't even hurt it economically without devastating our own economy, now that 140 millions of Russian people will suffer because we just gave a crap when it actually went to war, and not when it started to deteriorate... should I continue? Nope, nobody gives a crap until the sh1t hits the fan. Words are not actions. We have enough words, but no actions.
I don't get it. So prices are up because the oil company executives are worried? Why would they be worried if they don't even import that much russian oil?
I remember in the 70's when we were lined up to get gas. I don't think that will be a problem anymore...ever. One of my sons rides a bike all the time. Bitter cold, ice, rain and more just to get to work. Now he can't find work and he's a certified mechanic and a damn good one. Our world has changed so much I wish we could blow up Putin. The man is crazy. SMH!
Americans haven’t had a real wage increase since 1982 when you factor inflation. Inflation rate is 8.5% right now with a 5.25% pay increase. That’s a negative pay compared to the real rates of exchange…..worlds wealthiest country in history, yet have the greatest debt, done on purpose of course. It’s disgusting and immoral what the government and corporations have done to Americans, yet quite genus.
WHAT IF ... Since the high cost of gas is a result of increased Demand and low Supply, What If we went into "PANDEMIC SHUTDOWN MODE" for 3 months. Companies would ask their employees to Work from Home again and possibly ask schools to go into Virtual Learning again until school lets out for the Summer? I even heard a car salesman say he would follow the example set by the Federal Reserve, who will be raising interest rates, by raising their sales commission rates by 10% per vehicle in an effort to do their part to help slow down inflation.
How about going hydrogen cell for cars?We don’t have the capacity in the grid for everybody to charge up their cars.We would have to build new power plants.Hydrogen cell would be better for cars.We could also make minor adjustments to our cars and run them on liquidified natural gas.
@B Babbich There aren’t enough charging stations, and most Americans can’t afford electric cars. The only solution right now is to drill more oil on federal land.
The fact that Biden is not doing anything when it comes to US gas prices, shows how complicit he is. Millions of Americans across the state are suffering and yet at the state level many don’t consider to halt the gas tax. Biden needs to step up pressure and efficient we are suffering.
So you're saying that our Domestic Oil Companies won't give us our nation's under ground oil and gas Unless we agree to buy gas for $6.00 a gallon for the next 20 years?
Remind us, how did Trump balance his budgets ? Surely he did not sign budgets that were at least One Trillion in deficient spending right? He campaigned that he sign balance budgets and that he reduce our debt . So how much did he reduce our debt and what did he do to do that?
Hey as long as people keep paying these prices the oil companies will keep selling it at these prices. People don't seem to be changing their driving habits. Roads look crowded as ever. As long as this is the case the oil industry will take advantage of the situation.
You're acting like people have a choice. People need to work, and many companies are removing their WFH policy and there are places (NYC, SF) and even states (NY) ordering people to get back to work, as in start commuting to and from the office. Even Biden made that announcement to echo their statements so states can tax companies for property tax. People need money to provide for themselves and their families so that have to make that it's whether they want to or not.
Dear Americans, on behalf of Russian citizens, let me thank you for the common sense of all comments and that you are not propagating news channels. And so I'll give an example. We in Russia refuel about 2.2-2.5 $ per gallon, while you (as a minimum) are 3-4 times more and this is not a chapel. The true reason for the Russian invasion of Ukraine is the cleansing of nationalists in the Ukrainian government. Where they were grown in the USA for 30 years. Mr. Zelensky decided to put himself above and make a nuclear weapon. Mr. Putin, understanding the situation in Ukraine and the game of Russia, decided to carry out a cleansing operation in the LDNR. At this time, your government decided to raise prices under this noise. As a result, the sanctions recoiled from us to you Dear citizens of the United States. God bless you from war in Ukraine
Average working Americans are always the ones that suffers from inflation and high gas prices along with people that are on fixed incomes. The rich are not affected (nothing wrong with being rich though). Most welfare dependents are not affected, they have their free hand outs.
No. If BiDUMB gets off his tuchus and does the correct things (opening up the floodgates on leases to drill oil), these prices will be a very temporary blip.
Even before the pandemic the Biden administration gave out leases to fossil fuel companies at a rate higher than the Trump administration. The major reason that fossil fuel companies are extremely reluctant to increase capacity is that a great number of them went out of business the last time oil prices went up; that is, the 8 month lag between oil prices and investing in fracking (water-based) infrastructure was enough to sink them and oil prices.
Remember God loves you😊♥️ John 3:16 For God so loved the world that he gave his only begotten son that whosoever believeth in him should not perish but have everlasting life. If you trust in Jesus Christ and repent, you will be saved🙏🙏. He is coming back soon😌.
As this video points out, petroleum companies have thousands of unused permits. Presidential policy doesn't make any difference if those companies refuse to drill.
@@earuption the permits are for areas where they know there's no oil. See, geologists can tell producers where oil is without drilling today. Biden needs to revoke his executive order. Bring back 1.88 per gal. Make USA independent.
@@earuption sounds like you regurgitating what the media and white house is saying. What they dont tell you is those permits are HEAVILY REGULATED making the steps and cost to get oil more. AND Biden is not handing out new permits AND he shut down gas pipelines THE FIRST DAY IN OFFICE (not lying). Just admit, fumble after fumble this president doesn’t know anything he’s doing.
@@earuption The war is only two weeks now. Gas prices were already high even before Putin started moving his army to the Ukraine border. Biden went after oil and gas production on Day 1. Prices were 50% higher only a year later. Now he wants oil from Putins fellow thugs in Venezuela, Iran, and Saudi Arabia. We could produce our own and be fully energy independent like in 2019. That would help USA and Canada and hurt Russia, Venezuela, and Iran. Also Biden likes to blame everyone else. His inflation, Afghanistan, gas prices, and slow reaction to Putin and Russian invasion.
@@rumfordc It's true that this is hurting us perhaps more than Putty baby. That's why I say lets go energy independent like we were in 2019. gas prices were about $2.25 when Biden took office. 1 year later they were $3.50. No good for USA or World.
Nah, they won't remain high forever. Historically it rises and drops. The real reason it will drop is demand will slow. People won't drive as much, spend as much on other things, driving demand down. The economy will contract if companies keep being greedy.
