Quick lesson on economics and 'supply and demand'

Washington DC

Description

Our oil SUPPLY is being DEPLETED by Joe Biden and his radical socialist handlers. Biden tapped into our Strategic Oil Reserves, which are meant to help protect us, if we have a real emergency, or war. But Joe is using the Strategic Reserves as a GIMMICK, to try to lower gas prices by a few cents per gallon. The other thing Biden is talking about is giving us a 'gas tax holiday', which may save us another few cents per gallon. What Joe Biden is NOT doing, is increasing our own domestic SUPPLY, which would be the best solution to bring down high prices. All these things Biden is doing: Draining our Reserves; Temporarily lifting a tax; will COST US down the road. These things will have to be paid back at some point. Basically, Biden is borrowing money to artificially lower gas prices for a short while. Donald Trump filled up our Strategic Oil Reserves, after Obama left it drained. Trump filled up the Reserves cheaply, because he presided over lower oil prices. . When Biden finally gets around to re-filling our Reserves, we'll have to pay twice as much to re-fill the Reserves, because prices are high. Biden doesn't care, because it's American Taxpayer dollars, not his own. Biden's 'gas tax holiday' will come back and bite us later, when we have to pay back all that money. These are temporary fixes that don't do any real good, it's all a GIMMICK, as Barack Obama said. Now, here's a REAL solution to lowering gas prices: INCREASE THE SUPPLY. Here's the perfect example for you low IQ Biden voters: Saudi Arabia. Now, everyone would agree that Saudi Arabia has a lot of oil. Their "Domestic Supply" of oil is huge. With their large supply of domestic oil, the price of gasoline in Saudi Arabia is $2.35 / gallon, RIGHT NOW. This is what a large SUPPLY of a product will do for you. Large supply lowers prices. America actually has more oil in the ground, than Saudi Arabia. If we increased our own supply here at home, we could also enjoy lower gasoline prices. It's simple economics; stuff we learned in grade school, but Biden and his radical handlers can't seem to grasp the concept. Or they have other plans.