Anonymous OP 22w

They hate but they know you right

0

Anonymous OP 22w

Gas reached a 4 year high a couple days ago, we’re only 2 years into this train wreck

12

Anonymous #3 22w

What happened 4 years ago? Who was president then

-1

Anonymous OP 22w

Russia invaded Ukraine

8

Anonymous #2 22w

That doesn’t really answer my question but ok

0

Anonymous OP 22w

https://www.forbes.com/sites/rrapier/2023/03/29/how-russias-invasion-of-ukraine-impacted-gasoline-prices/

9

Anonymous #2 22w

This was a heavy spike globally, not just US

6

Anonymous OP 22w

Following the 2022 invasion, oil prices increased roughly 50% in weeks as a direct result

7

Anonymous #4 22w

In 2022 I think he released reserves of gas to try to offset some of the costs of gas after the invasion and plenty of major countries like the U.S. and UK then banning Russian oil imports, but beyond that I think prices were basically due to Covid and the Russian Ukraine conflict happening during his presidency much more than as a result of any minor actions he took

13

Anonymous #2 22w

That's true. That's fair.

1

Anonymous #4 22w

Where as gas rn is because Trump decided to partner with Isreal and have conflict with Iran

9

Anonymous #2 22w

Yes

1

Anonymous #2 22w

Israel*

1

Yeah I meant it as in getting out the reserves did help, it was just so bad when the Ukraine Russia thing started that it wasn’t enough to completely offset it or anything

1

Anonymous #2 22w

Don’t forget the Keystone XL Pipeline & drilling regulations. Though I agree with Biden on those decisions, they had an impact. Not as big as the ban on Russian oil though

0

Anonymous geopolitics 22w

The keystone pipeline was always just a piece of bullshit rhetoric from Trump. It had nothing to do with gas prices. It would have brought a small amount of heavy tar sands oil to refineries and export terminals in louisiana. I'm not aware of any new regulations Biden imposed on the oil and gas industry. Trump loved to blame Biden for,things and create this stark contrast but biden actually did very little that affected day to day gasoline prices

1

Anonymous #4 22w

Yeah like I said, the pipeline isn’t that significant. But those pipelines are still crucial for the transportation of oil, and would slash costs for certain regions. Wouldn’t have a huge impact for consumers

1