January 13, 2022

Fuel Prices to Drop as Economy Tanks

Timothy Birdnow

If demand slows it means the economy is tanking. Great; slightly lower prices in exchange for a recession. The high prices all stem from Biden's green policies in the first place. This fuel inflation is a direct result of his efforts to force us into electric cars and "renewable" energy.

EIA Expects Gasoline and Diesel Prices to Fall in 2022 and 2023 as Demand Slows

Posted by: Timothy Birdnow at 01:04 PM | Comments (3) | Add Comment
Post contains 74 words, total size 1 kb.

1 So: the EIA expects fuel prices to drop. Why does that remind me of Democrat administration flunkies "expecting" higher job creation figures and never getting them? Didn't we see this movie for eight years under our Kenyan president?

Posted by: Dana Mathewson at January 13, 2022 11:44 PM (FSK6u)

2 Yep. This is pure conjecture on their part, based solely on the Biden Administration's demand for yearly increases to CAFE standards. He implemented a 1.5% increase per year in fuel mileage and these people think that translates into lower demand and dropping prices.

There are so many things wrong with that logic I can't count them all.

Given the nature of our international oil and gas trade, OPEC will merely throttle back production - duh!

And the Biden Administration will no doubt put extra fees and taxes on the oil companies because they will see an opportunity to do so.

This is a monumentally stupid article.

Posted by: Timothy Birdnow at January 14, 2022 09:07 AM (vgG6O)

3 My! I had thought that Stern had grown up over the last few years, but apparently he hasn't.

Posted by: Fake Watches at October 08, 2023 05:54 AM (5Hz8f)

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