No, it was the oil prices of Trump's first term. Just before Biden and the Democrats completely destroyed the oil industry with their fight against oil and their green new scam. He terminated oil concessions, and also stopped the construction of the Keystone XL pipeline that was started by Trump, firing 40'000 workers in the process.

Instead of Trump's design for the US exporting oil & gas to Europe, Japan & China, they were back to buying from Russia et all.

(Biden also immediately authorized the pipeline construction between Russia and Europe, which Trump had stopped).

This caused the inflation we have all been suffering under, and also caused the war in Ukraine, which was essentially free for Russia thanks to the increased oil prices as they are a producer.

Biden and the corrupt crooks that controlled him knew exactly what they were doing.

Reply to this note

Please Login to reply.

Discussion

Holy hell, in your partisan nonsense you missed the point.

He is promoting the summer of 2021 as good oil prices. That wasn't him that was biden. It's an asinine thing to say as Trump.

You say that's Trump's policies, except we pumped more oil under Biden than Trump in terms of daily oil production. So I'm not sure what you mean.

Nope, Trump left office in 2021.

Biden only restarted pumping oil at the end of his term to go back to Trump's levels, when it was so obvious that everything they had done was a massive failure. They had to do this to save the sinking ship.

Biden stopped the Trump oil leases and pipelines. Oil prices went through the roof.

The 2021 oil prices was what Trump did. For 4 years Trump massively oppened oil production with a plan to sell oil to the whole world to repay the US dept. COVID unfortunately put a pause on this, and then Biden did the complete opposite.

Did you forget that Biden went back to the bad high Obama oil prices? (The same crooks in office).

Obama: High gas prices

Trump 1st term: Low gas prices

Biden: back to High Obama gas prices.

Trump 2nd term: Low gas prices again.

But if you don't listen to real info as it happens live (Trump explained what he was doing nonstop during his 4 years) and only get the fake news from CNN, MSDNC, NYT, Wapo and all of the corrupt party propaganda media which is 90% of the media, you will know nothing of the truth.

You do realize all of what you said is just partisan talking points, right?

Once covid ended, Biden not only didn't stop production, but it hit an all time record in 2023. Almost 2 years before leaving office.

Once prices declined a bit in the last 18 months production flatlined, obviously. Now it is down a bit to flat under Trump due to lower prices.

The Dakota and PA shale drillers need roughly 80 per barrel. Tx shale a bit lower, 65-70 per barrel.

You seem to not really care about facts, just blurting out talking points, so I'll leave this here. Have a great day.

And by the way, Trump and the fed caused the inflation by printing 6 trillion dollars in new money. Biden then continued it and spent an additional 2 trillion in 2021.

Trump started the fire, Biden added gasoline.

Just look at the M2 and fed balance sheet charts. Nuff said.

Nope, the inflation was 100% caused by Biden ; he completely cancelled everything Trump had put into place to make the country rich and repay the debt.

Trump's plan was to repay the debt by exporting American gas all over the world, with big gas deals with Europe and Japan, etc... He opened up ANWR in Alaska, and other concessions, and the Keystone XL pipeline. Biden stopped everything.

Remember: the US has the largest oil reserves in the world. There is no reason to be 37 trillion in debt.

Biden also let Trump's massive trade deal with China rot (of course, Hunter Biden received 1.5 billion$ VC funds from a CCP investment arm), etc...

Even with COVID, Trump's economy numbers when he left office were at pre-COVID levels.

-> with Trump we had no inflation (1.4%) and we would have been repaying debt. With Biden we only got inflation, more debt, and wars (this is what the people who controlled their puppet, Biden, wanted. -> military industrial complex, etc...).

What you are saying is the big lie the corrupt fake news is spinning.

The truth is that yes, Trump had to increase the debt for COVID and to boost industrial development and businesses.

BUT: with this, his plan was also to REPAY THE 30 TRILLION$ DEBT, by exporting gas to the whole world, plus his massive trade deals, etc...

Biden put a COMPLETE STOP to all of this => Biden caused 100% of the debt + the wars.

With Trump we would be repaying the 30 trillion debt + no wars.

Had to??? Lol.

Ok