Blaming Biden for gas prices is stupid

San Francisco CA

Description

Obviously many folks pay more attention to prices at the pump than the financial press. During Covid-19 (tRUMP virus), oil dipped to $10/bbl....a market over reaction just like the DJIA falling to 20,000. Of course, the market punished American producers/frackers who could not survive at this low price. For a year, commutes/air travel (demand) shrunk and gas prices were stable. Trump had/has no power over supply/demand/prices. IF THE DOMESTIC ENERGY PRODUCERS HAD NOT BEEN OVERLEVERAGED BY WALL STREET, THEY WOULD BE COMING ONLINE NOW. Thus gas prices would still be low. Knee jerk reactions are why the majority of Americans are financially ignorant/challenged and nearly flat broke. Of course, blaming Biden for all of your ills is much easier than seeking information and thus bettering yourself.