U.S. gas prices plunge toward $3 a gallon - Thanks Joe Biden!

Russia wouldn’t have invaded under Trump. 

Who did that? Seems like you are tilting at windmills again. Haven't seen anyone who claimed this.

So is it just coincidence that global food and gas costs skyrocketed during the same time period? Please enlighten me.

Here are 25 decisions the president has made over the last year that have affected gas prices, home heating costs, and other energy-related burdens U.S. families and businesses face.

#1 and 2: Adopting new EPA oil and gas rules
In November 2021, the Environmental Protection Agency announced new regulations governing methane emissions from oil and gas production, transmission, storage, and distribution that would cost more than $1 billion a year.
Last spring, Biden signed a resolution that overturned Trump administration reforms to EPA oil and gas rules. This resolution will worsen energy poverty, reestablish burdensome regulations, and have a disproportionate impact on small businesses.
#3, #4, #5, #6, #7, and #8: Restricting or impeding energy projects
One of Biden’s first actions after taking office was to halt new oil and gas leases on federal lands and waters, the Biden administration has delayed decisions on these leases  — a move that results in higher energy costs for the most vulnerable consumers.
The administration canceled the Keystone XL pipeline and suspended oil and gas leases in the Arctic National Wildlife Refuge and New Mexico (despite opposition from the Navajo Nation). It also resurrected the “Waters of the United States” rule, which would increase barriers to energy projects.
The White House is pursuing new standards for particulate matter and ozone, likely tightening them to unachievable levels for much of the country and creating new barriers for energy project permits.
The president also has rescinded Endangered Species Act reforms, a move that will increase red tape and allow litigation to slow down energy projects.
#9: Rejoining the Paris agreement
In April 2021, without the consent of Congress, Biden rejoined the Paris agreement, which will result in onerous new regulations that could raise energy costs.
#10: Appointing unaccountable energy regulators
The president has created several bodies within the White House charged with creating new policies to regulate energy. The people who run these councils are unelected and do not need Senate confirmation, but they have been given broad powers to come up with new executive actions — which do not need consent from Congress — to regulate U.S. energy production.
#11: Forcing states to restrict driving
One section of the recently enacted Infrastructure Investment and Jobs Act, supported by the White House, would require every U.S. state to develop state carbon-reduction plans that must be approved by the U.S. Department of Transportation as well as be updated every four years.
These plans are aimed at reducing driving all over the country — even for people in rural areas where public transportation is limited, and driving is the only option.
#12, #13, and #14: Raising the prices of cars and trucks
The Biden administration has failed to take adequate action on annual requirements and small refinery waivers for the Renewable Fuel Standard and in providing regulatory relief from this biofuel mandate due to economic hardship. His EPA  has finalized a new rule regulating greenhouse gas emissions from cars and trucks. That single regulation could raise the average vehicle price by $1,000.
#15: Instituting a new policy on carbon taxes in organized wholesale electricity markets
This carbon pricing policy statement, issued by the Federal Energy Regulatory Commission in April 2021, is a blanket endorsement of top-down policies that have been demonstrated to be costly, ineffective, regressive, and consistently rejected by the American people.
#16: Raising the prices of common household necessities
The EPA has issued a final rule to phase out a common, inexpensive refrigerant. This policy is a de facto tax on air conditioning and refrigeration.
#17: Stifling energy innovation
In May 2021, Biden issued a sweeping executive order that mobilized federal agencies, including the Securities and Exchange Commission, to enforce mandates on businesses, insurers, retirement funds, and suppliers. These policies will stifle innovation critical to improving the environment and will increase costs for a wide variety of businesses.
#18: Altering regulatory cost analyses
The Biden administration has changed key inputs for economic and regulatory analysis, including raising the “social cost” of greenhouse gases. These policies will mask the true consumer cost of regulatory actions.
#19 and #20: Imposing new costs on power generation
The administration attempted to resurrect an aggressive version of the Clean Power Plan for power sector mandates called the Clean Electricity Standard.
In the Fall 2021 Unified Agenda, the EPA stated their intention to propose what can be considered the Clean Power Plan 2.0. This policy would impose burdensome regulations but would have little or no environmental benefit.
The EPA also has mandated that even facilities with reduced emissions must remain on the list of “major” sources, subjecting these facilities to permitting burdens and higher costs.
#21: Impeding Americans exports
The administration is considering potential restrictions on the export of crude oil that would increase, not decrease, energy prices.
#22 and #23: Raising taxes
More than one-quarter of the administration-backed Build Back Better agenda is pulled directly from the “Green New Deal.” The Build Back Better agenda includes new taxes on natural gas and home heating. It also includes new taxes on petroleum and manufacturing.
#24: Picking energy winners and losers
The Build Back Better agenda would spend taxpayer dollars to push utilities to adopt more costly, politically preferred forms of energy, a move that would reduce Americans’ energy choices.
#25: Fueling the fire for future regulation
Finally, through the Civilian Climate Corps, Build Back Better would fund the salaries of tens of thousands of anti-energy activists who would perpetuate high energy costs by demanding new and costly federal regulations and legislation.
Unlike releasing oil from the Strategic Petroleum Reserve, these 25 steps are not just a “drop in the ocean.”
They have made, and will continue to make, a significant impact on Americans’ ability to afford the energy products that fuel their lives and livelihoods.

True, because Trump was doing more damage to NATO than Putin could do himself.

You are stupid. 20 times a day on any conservative media you can hear some Republican blaming Biden for high gas prices, especially in the run up to Election Day.

 You can’t blame Biden for high gas prices merely because he is the president, and then when prices go down claim he had nothing to do with it.

I thought you said you refuse to consider politically biased news.

So is it just coincidence that global food and gas costs skyrocketed during the same time period? Please enlighten me.

Gladly.

25 Biden policies raising gas prices and other energy costs - Americans for Prosperity

Yes, global prices have been rising, but not at this rate. 

Global price rase has only had a small effect on the country.

You can’t blame Biden for high gas prices merely because he is the president, and then when prices go down claim he had nothing to do with it.

Contradiction?

Everyone knows that Biden’s policies are not as lenient towards the oil and gas industry as they would like, that doesn’t mean he is single-handedly responsible for the increases.

Again, if you know anything about the oil industry you’d know it is a global market, no US President could make that kind of impact.

The White House has tried to deflect blame for the insane surge in gas prices onto Russian President Vladimir Putin’s invasion of Ukraine. And, to be fair, gas prices are definitely not completely within any president’s control. They absolutely are influenced by global factors, and the disruption in the global energy market caused by Putin’s invasion certainly has contributed to higher prices.
But Biden isn’t off the hook. Gas prices started rising long before the invasion, and the president still has direct responsibility for how his policies have contributed to this problem.
Here are three specific things Biden has done that have led to increased gas prices.

1. Canceling Drilling Leases and Limiting Domestic Production

Since taking office, Biden has taken too many steps to count to limit domestic production. These include halting federal permits for oil and gas drilling and leasing shortly after taking office and blocking drilling in a major oil-rich Alaskan region.

To be clear, these decisions will mostly affect future production. But that does still significantly affect gas prices because companies factor in their expectations about the future into the decisions they make today.

“Some say that new leases … would have taken time and would not yet be online, but even so, there is evidence that expectations of increased future supply has a beneficial impact on current prices and expectations of future supply drying up has a negative impact on current prices,” the Competitive Enterprise Institute’s Ben Lieberman said.

“At a day-to-day level, I am hearing from drillers that they are having a very hard time getting all the approvals they need from [the Environmental Protection Agency] and other agencies in order to produce on existing wells, and of course, new federal leasing has come to a halt,” Lieberman added.

It’s just basic economics that when the government throttles future supply in an industry, that will lead to higher prices both now and in the future. Biden was warned by many critics at the time that this would happen, but he proceeded anyway.

2. Choking Regulations that Impose Big Costs and Lead to Higher Prices

Speaking of basic economics, it’s well established that when businesses’ costs rise, that puts upward pressure on the prices they charge consumers. The oil and gas industry is no exception.

And unfortunately, the Biden administration has both proposed and implemented a wide array of regulations on the energy sector, inflicting billions in direct financial costs and incalculable indirect compliance costs — plus further harming expectations for the future.

“The regulatory chokehold imposed by the Biden administration on oil production in place of a Green New Deal has drastically raised gasoline prices, thereby hurting lower-income people the most,” said conservative economist Vance Ginn, who served in the Trump administration.

“This is yet another example of the high cost of big-government environmentalism when the better approach is to remove government barriers so that free markets can better let people adapt to changes in the environment at a much lower cost,” Ginn concluded.

3. Anti-Energy Rhetoric that Discourages Investment

Rhetoric matters. While words don’t literally do anything to change gas prices, the signals coming from policymakers absolutely do affect the long-term investment decisions businesses make.

And even as a presidential candidate, Biden sent very negative messages about what his leadership would mean for the gas industry.

In just one example, as Americans for Tax Reform pointed out, Biden said during a campaign stop: “We are going to get rid of fossil fuels. … We’re going to phase out fossil fuels.” Then, upon taking office, the president followed these words with actions such as canceling the Keystone XL pipeline, blocking leases, restricting imports, and pursuing regulations.

In general, Biden’s open hostility toward the oil and gas industry has almost certainly curbed investment into production that otherwise would’ve occurred.

“Such extinction rhetoric, coming from the now-president, has an unprecedented chilling effect on investment,” Lieberman said. To put it simply, less investment means less supply — which means higher prices.

It’s absolutely true that our high gas prices aren’t entirely Biden’s fault. But the president is not the helpless bystander his defenders would have you believe.

and the other countries are all going through..

TELL ME AGAIN HOW GAS PRICES ARE DICTATED BY SUPPLY AND DEMAND and not by govt and market manipulation