I think that when theres a democrat president they charge more for gas so they can blame the president. Us americans only see the price go up. And we don’t know its a temper tantrum because an industry didnt get their guy in office.

just wait and watch how saudies will fleece us. they are not picking joe's calls.

@A P The capitalistic culture of the American political system has been corrupt for a long time, no matter the leader.

@@Ottophil 👏👏👏👏 I wondered when someone would comment on that. The greedy companies raise the prices to keep their profits high. Then blame the president. It's a lot of BS

@@GhostsOfSparta yeah they like Trump. He didn't sanction them when they killed the journalist. Such an evil empire

🐻🐻🐻“We don’t rely on American banks. We have all the funding we need out of Russia.” - Eric Trump, GOP (Government Of Putin) endorsed🐻🐻🐻

Yeah, it has absolutely nothing to do with the economics of supply and demand, it's all choice.

That is because oil/gas companies are aware the "independent thinkers" will blame the President for what a private company does. Therefore, they can continue to do this knowing they'll never see any of the blame but all of the money.

​@@sleepinggiant4062 Oil companies are cartel they control the supply. Just look at OPEC if the price of oil get too low they can slow down the production of oil. Why do you think oil get so expensive after a historic low a few months ago?

nha not really just tell ur kid to use my supporter creator code on fortnite please in the item shop

You got swindled, my friend. That was never true. You were completely taken by the liberal party. I'm assuming this isn't the first time.. 🤔 When Trevor Noah has started leaning right, you KNOW you're done. 😂

Increased demand Biden oil policies shutting down production and pipelines to supply oil Cutting Russian oil imports Canceled the largest oil permit in American history in the Gulf of Mexico Would you like me to continue Look up how much oil companies make in profits compared to Microsoft or apple but no cries paying 1000$ for a 200$ iPhone!

Biden got elected and he shut down the fossil fuel industry

Trump?

@77z take your shizo pill

It's worse than that. They decided that was too costly and just destroyed the excess oil they could not store.

Time to have the usa take responsibility to use less and make that happen again.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

This is my fav. News source man

Exactly, here is what I just posted: What BS! The USA isn't getting gas from Russia and even if they were, the Russians did NOT hike up the gas prices, unless it was something specific that Russia did to JUST the USA. Here in Europe, the price did not change at all (unless they are price gouging, as well). The USA's biggest interest is to sell the excess fracked gas that they have had to pay people to store.

The coal price doubled and nickel going crazy. I wonder what Indonesia govt as the largest coal and nickel exporter (nickel ore still under export ban) would do

and then rise up against your putinesque government ! in a month that will happen.

@@geoworld8740 Nope.

Will you stop stealing comments?

Ha ha it's so funny. If you look at official statistik made by Russian government, 30% of Russians don't support Putin. And it's almost 50 million people. This sanction flash mob destroy normal life of all this people. Is it still funny?

Glad you asked. The US had been increasing oil imports from Rusia since 2015 even under the former administration. The pipeline you mentioned was to bring in Canadian oil. Last time I checked, Canada is not part of the US, do that means the US is still dependent on foreign oil. And one last thing, oil is an international commodity and it's price is determined at the international level. Even if the US were to produce all the crude oil it consumes today, you will not $2 gas at the pump. US oil producers will still be selling their domestic oil at international prices and gas would still be expensive. It's called the free market economy.

@LeChink James Yes, if you increase supply, then prices will go down. But as soon as that happens, big banks and hedge funds will lose interest in investing in domestic production, and to make up for the shortfall refiners will just turn to importing oil because it is cheaper. A barrel of US oil averages $40 to produce, compared that to about $10 in Saudi Arabia. Investors are not going to pump in money into US production if the barrel of oil falls close to $40, for the simple reason that they are not going to see a large return for their investment. At $40 a barrel, yes you'd get $2/gallon at the pump, but not energy independent because most US production would have shut down, as it happened in 2015, and also during the pandemic. Right now in the Permian Basin in Texas, oil rigs are springing up like mushrooms because oil prices are high. Once all this oil come online in a year's or so time, there is a glut in the market and oil prices crash and you get cheap gas for some time. But then drilling rigs are sent back to the yard and workers laid off. I work in the oil and gas industry and I have been through this booms and bust cycles many times. Again, just because you have abundant crude under the ground doesn't mean you get cheap gas. Drilling for oil is very expensive and complicated and investors want a big bang for their money. Conclusion: low oil prices, cheap gas, but lower US production. High oil prices, potentially more US production, but expensive gas. You cannot have both. And also international events like a war in the Middle East or in Europe as of now, and a pandemic also affects oil prices.

@@eudofia to factually help you, in 2018 and 2019 under Trump we actually became the net Exporter of oil to foreign countries. first time that's ever happened in more than 3 decades with all the democrat administrations.

@@oceanesteel1079 exactly correct!

​@@oceanesteel1079 _"to factually help you, in 2018 and 2019 under Trump we actually became the net Exporter of oil to foreign countries. first time that's ever happened in more than 3 decades with all the democrat administrations."_ Yup, e.g. Bloomberg markets December 6, 2018: _The U.S. Just Became a Net Oil Exporter for the First Time in 75 Years_ _Crude, refined products exports exceed imports in weekly data_ _Shale boom has boosted U.S. crude oil shipments to record_ Now US has even used strategic petroleum reserves which are meant to be used in emergencies. Times really have changed...

You said it "GREEDY."

Isn’t that Capitalism that they are doing? So you actually want Communism?

@@GarudaAlfa so he actually want USSR which is currently..... :0

@@GarudaAlfa On that thought aren't we communist already because we outlawed slavery..shouldnt it be legal to sell humans for money cuz capitalism..nevermind we already have slaves in Asian countries making these phones..yeah capitalism is perfect

@@dihe1392 🤣

Its regulated world wide theres supposed to be a 6 week buffer on gas prices, so oil barrel prices are 6 weeks Behind.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

It's a world market. It isn't US oil. It's Exon's oil and if they want to sell it to Europe vs the US we have a bid war. If Europe refuses Russian oil then demand there for other sources will skyrocket.

I saw in Business insider yesterday that we get about 2% of our oil from Russia.

Are you and everyone you know willing to drive 8% less? Of course not, very few people are doing any “optional” driving. And yet there is 8% less oil to go around, so the prices will have to rise until it hurts (and then consumption will drop 8%…) And under capitalism, the companies make a lot of money in the process. We could adopt socialism instead and then the companies wouldn’t get rich, but that doesn’t magically give us 8% more oil: we would still need to cut consumption.

If only Russia had just invaded Afghanistan or something.

Exactly! They don’t care about the Middle East. 💔💔

@@Sarahhrochellee why should they?

@@AtheistMolHed because they’re people too? Just because it’s a European country that’s why they care more.

Exactly!!!!!! Only Trevor talks about hypocrisy of West.

I agree!

Just don't carry ice cream during the summer months. Lol

@@Evolve816 oh gawd you brought back memories lol

Right we need safer energy. We have bikes and other ways of transportation.

@@Evolve816 speaking from experience, they sell insulating bags that’ll keep that ice cream frozen during the walk home. 😊

Welcome to Obama \Biden 3, the sequel.

@@jonadam9740 well, it is everywhere in the world the same right now. I doubt Biden is that powerful

@@donbardo4255 great reset

So why do you think TRUMP was able to get gas to $1.70, and Joetato has it at $6.50? ONE YEAR DIFF. Go.

🤣🤣🤣🤣

"S dnem rozhdeniya" is actually a shortened form of "Pozdravlayu s dnem rozhdeniya," which means "Congratulations on the day of your birth." So there is some implied in happiness there.

Doesn't "vesyolaya" mean "little happy one"?

@@nychellebrewer You obviously don't understand the joke.

@@svetoslavstanchev9977 Nope. Guess not!

Lies again? Superman Spiderman Soccer United

fast & furious in bicycles 🚴‍♀️🚴‍♂️😁

Because enough fools STILL use gasoline. They can charge whatever they want.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

@@Uahmedtahaalnady looks like someone just learned what emojis are, and is excited about it.

Exactly

@@g.d.graham2446 😂😂🤣🤦‍♀️😻☀️

I don’t

Straight to the point

His funny asf😂

This is probably the DUMBEST thing Trevor said.

@@emsnewssupkis6453 nah it is the truth. there is war all over the world no media has ever mention it over the last years and now the most fašist ukraine is in war sudenly the world is in shock

I hope you are not serious (Trevor obviously wasn't) ... Imagine you stacked a room full of toilet paper and all of a sudden a whole warehouse in your town burns down. You are the only one who has stacks of that sweet and soft rolls left and everyone wants your goodies. Of course you would charge a premium, even though the day before it was worth way less. That's the very concept of "buy low - sell high". However, the oil prices are not skyrocketing because there is actually less oil available but rather because on the exchange it is expected that there might be a shortage coming ... whether or not that will be true is a whole different story. So yes, it's speculation and of course some people are making a lot of money on the backs of the common people.

Yes I made this point earlier. Petrol stations never avoid on increasing prices. My country reduced tax by 15-20c and guess what? Instead of passing the difference to the consumer they just increased the cost of gas by the same amount before the change

@@ellenflanagan8582 Oil companies and gas stations don't collect gas taxes (obviously). They go to the government who added them (local, state, federal, etc) to fund public programs and projects. The companies themselves have no access to that money.

@Max bot

Same thing happens every time a storm is scheduled to hit. Prices go up.. storm misses prices take days to come down! Smh

Absolutely

I agree but what losses. Ok they couldn't sell oil for a while. Who suffered? Not the oil producers or oil rich countries. And we benefitted from reduced gas prices. Profits were still being made, only slightly less profits. I EFFING HATE GOUGING OIL COMPANIES & COUNTRIES! Again, we talk of inflation because of higher gas prices but did those same items drop in price because of low gas prices? NO! I EFFING HATE GOUGING CORPORATIONS!

Yup.

Truth

@@ragingbullalf5790 Capitalism, at least the way its practiced in the US, is a predatory economic system. Businesses rely on having large amounts of money available to borrow. Because of this, they have to be attractive to investors. That puts huge pressure on executives to create increases in profits every quarter, pushing this unsustainable illusion of infinite growth. Ultimately, workers and customers are the ones who pay the price, since they're the ones with the least power in the marketplace. The executives and investors make bank on it while the house of cards remains standing. A statistic I saw in the New York Times said 64% of Americans are living paycheck to paycheck; that's a lot of people on the brink of losing it all as prices keep going up and wages don't. I'm sure the payday loan places and title loan places are all drooling at the prospect of all the poor people they will get to exploit as desperation to make ends meet leaves people with no other options. Being poor in the US is extremely expensive.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

Indeed

Of course, when parts of a market falls behind others thrive. So when the Russian companies isnt selling other companies will profit

and Russia's export value have increased since the invasion......

bump

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

If we condemned them, they would raise prices even higher. Some counties nationalize their oil, but the people in charge of our laws invest in oil, so they make money, while everyone else is price gouged.

America's been pretty pro-corporation for a while now. Morons refuse to vote for anyone who's not a bought a paid for politician. It be nice if a "third" political party could get some action, or maybe just elect someone who's not a career politician

Trump had gas at $1.70. Joetato has it at $6.50. One was FOR A USA oil, one was against it. Every Republican could see this coming. Duh. Not about greed, not about scarcity. Not about war. It's about POLICY.

I've brought up the artificial scarcity situation to others and it seems many don't want to believes it. I don't think people like facing facts that contradict what they believe.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

Yep, OPEC has been working hard to manipulate the price of gas and oil since Obama was in office, intentionally flooding the market with excess supply to drive the prices down and drive competitors out of business. In the face of OPEC's actions, independent providers and smaller conglomerates have no choice but to either reduce their output and shut down refineries, or take a loss... and few are willing or able to take the loss, so they roll with the reduced profits instead. The pandemic further amplified this, with demand dropping to record lows worldwide. And now that the world is on the path to recovery, OPEC is intentionally limiting their output to drive prices up again -- my inner pessimist believes they're doing this to trick competitors into increasing their production and expanding their operations just so OPEC can flood the market again (probably within the next year), drive prices to rock bottom again, and make their competitors take a loss. In the meantime, they're ALL using any excuse to raise prices while they can to maximize their profits and recoup their losses from the last few years. None of this is dependent on Russia, it's all being driven by oil corporations. Russia and Ukraine are just VERY convenient excuses for them.

@@olencone4005 That's essentially what's happening here but I should add that OPEC isn't a company or in the private sector. Instead, it's an intergovernmental cartel of 13 oil producing countries. The oil companies in these nations are state owned conglomerates (eg Saudi Arabia's Saudi Aramco) and they do whatever their governments want while providing the government 60-95% of their tax base (the definition of a petrostate). When you take both OPEC and franchised gas stations (aka small businesses that were nearly destroyed by the pandemic and trying to recover) into account, it creates the situation you see today.

@Max the reason there isn’t a bigger supply of oil is because of regulations.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

I have a list of about 20 corporations that I've stopped doing business with. If 2 or 3 million people did this, we'd all be better off.

Few people blame the president Biden lol

Unfortunately

@Max You really have no clue how anything works, huh? Do you really think it’s the companies’ fault? Do so some research on just how much profit they get when you pay for gas. It’s this incompetent administration’s fault we are in this mess.

GREED👌

Exploitive opportunistic Capitalism 🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

Except for the National Strategic Reserve, the US doesn't have its[edit typo] own oil. All the oil in pipelines, storage tanks and tankers belongs to oil companies who happen to be doing business in the US. They bid on the right to pump oil out of the ground, pay a per-barrel royalty, and are then free to sell it to the highest bidder, anywhere. If we weren't willing to pay the going price for oil, we'd get NONE.

Then why did the price fall with Covid?

Goes beyond greed...it's also Brandon's policies and messaging

These prices never stick. People stop buying gas guzzlers, drive less, carpool, ride the bus, move closer to work, and if it looks like the prices will remain high- they start drilling the vast reserves of $80 a barrel oil. and then prices collapse.

@@macmcleod1188 I think what the original post was saying was if Jim had 1 million oranges he'd sell them for more and more the more you want it. Jim's a d word. Oil companies are evil.

@@shutupimstilltalking Yes that's because he doesn't understand marginal-cost pricing. This is the practice of setting the price of a product to equal the extra cost of producing an extra unit of output. For example- stocks are set at the last price closed. Millions of shares sold for $100 but the last sale closed was at $105. All the shares now cost for $105 to buy. A key factor* in pricing Oil is the price of the last oil barrel sold. If it cost $120 to get that last barrel to market and it sells for $140, then the price for oil is $140. This despite the fact that oil wells produce oil at $10, $40, $75, $80, $100 per barrel. The market price is $140 and the people who can produce it cheaper just make extra money. When the market tightens up- that last 5% of oil may be *very* expensive to get but it sets the price for the rest of the market. (there are other factors like long term contracts, volume discounts, etc. too many to go into). Anyway- it's not a conspiracy- it's *BASIC* ... I mean *REALLY BASIC* capitalism. If I'm the only guy with the last apple, I can set the price at whatever I want. I probably sold all my other apples at lower prices at a profit so this apple is pure profit anyway. But it's *my* apple and I get to chose the price. If you don't like it, then I suggest a nice banana.

@@macmcleod1188 yeah it wasn't the last orange. Theirs 9000 oil permits set to destroy our landscape that aren't even being used. Maybe they could of planned on getting more oil from one of those. I doubt they will. So it's like owning most of the orange trees and not selling all the oranges

@@macmcleod1188 and then claiming a shortage.

As long as investors and banks get bailouts and soft regulations, this will keep going on.

Say , "Aye" if you remember the Gas Crisis of the 1970's.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

That's was his assumption, dont consider it as a dact everyone has right to say

Yea I doubt that

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

Gas was much more affordable in 2006 than it is now, so I don't think you heard as many people talk about gas being so expensive back then as you're hearing about it now here in 2022.

Ya, had we really pushed forward with the Paris agreement and made a big push to ev's, we wouldn't be having this issue right now. But, the previous president pushed more towards fossil fuels rather than away from them.

Exactly

@@markfila281 yeah blame Trump for everything. With Trump America was energy independent. Im from Germany and i cant understand that black and white view.

@@Homer5235 I'm not blaming trump. But, the fact of the matter is that moving towards renewable would lessen the need for oil thus lowering the price. Trump did cancel the Paris agreement which would have moved us away from fossil fuels if it was followed through on.

@@Homer5235 we were energy independent under Obama. He is actually the reason we were independent under Trump. Trump had to just not mess up, and we would’ve continued to be energy independent. We became energy dependent when Covid hit, under Trump.

Was thinking the same thing! If this isn't enough of a selling point to finally commit to renewables and energy sources outside of oil imports, I don't know what is.

In a decade, we will probably be thanking Putin for finally pushing our economies into transitioning to renewable energies, and thus saving the planet! I wonder if Putin is by now regretting the Ukraine invasion - quite apart from the immediate fall-out of the economy tanking etc. - the longterm consequences will be that all of Europe is now seeing him as a liability, and Russia as an unreliable trading partner, and a whole lot of restructuring of supply chains will be taking place, that will leave Russia a whole lot worse off in the long run than it was before the invasion. I (German) have to own up to being a long-time apologist of Putin, too - seriously, up to the last minute, I really didn't think he would be crazy enough to actually do it. I didn't think anyone in Europe would be crazy enough to start another war here. I thought NATO had outlived its purpose, and was warmongering more than being a peace keeper. Thanks, Putin, for a teachable moment that completely changed my outlook...

Should look at it country per country. Some countries did take steps while Germany only made itself more dependent. Belgium for example is only having 4% of their imports come from Russia. This is pretty useless considering they're still subject to price changes that would force them to rely on Russia. Never understood Germany when they were building Nordstream and it's second version. Claiming to be green while a 16b pipeline is being built for the stuff you don't want to use?

The govt will gladly stand by while Americans suffer as long as they dont have to spend a rich penny

@@lenkacfk7155 It had, the only reason the war happened was because of NATO. NATO isn’t supposed to exist, the only thing it’s been doing is bombing other countries. Also Ukraine should just stay neutral, they won’t win the war. I don’t agree with Russia but for Ukraine citizen it’s not worth joining NATO.

Put the blame where it lies.... The utter ineptitude of Brandon and his fraud administration

@@batmanforpresident9655 Ummm, you're delusional, but okaaay....

@@batmanforpresident9655 you know that Bruce Wayne is canonically a Democrat, right?

@@RabblesTheBinx you do know it's a fictional character, right? A

@@batmanforpresident9655 yeah, I just find it hilarious that a MAGAt traitor is promoting the idea of a liberal POTUS.

A great way to lower prices would be to get rid of all the big government regulation and let oil companies increase the supply of oil.

That's cheap in Singapore Ron95 is $3.23/L =2.38usd 😭

@@leon1682 Ouch! 1 US gallon ≈ 3.785L so $3.23/L ≈ $12.23/gal

Here in the Netherlands, the gas prices are typically more than double the US. Artificially low prices got Americans hooked on driving SUVs around anytime they want to go literally anywhere. To be clear: the problem is not the individual Americans (they are just choosing the rational option), the problem is the poor pedestrian, cycling and transit infrastructure and years of exessively low gas tax.

F man I'm a contractor and I fill up every other day. Takes over $100 to fill up with 89 at $4.19 a gallon. I always go to Bucee's their always .20 cheaper a gallon.

@@leon1682 here its about 65.960 Php/L = 1.26 USD

Same in pretty much all of Europe. Really funny what they think of as expensive.

but do you have reliable transit all over the place that you can take to get everywhere? I believe you have some that have free fare as well, lol, we don't, have either. There just might be a reason to complain.

Don't forget it's because of subsidies. Our taxes make up the difference. Public Transportation is another big difference (also remember how massive the US is...) Plus you must heat your homes with Gas more that we so in our various latitudes. Not saying you're wrong, just sad solidarity 😕

@@Dropla Around the major cities in the southern parts, transit works but as soon as you get away from those areas, you need a car to get anywhere. It is rather expensive as well and time consuming as well.

Same in NZ. Equivalent of USD$8+ per gallon here.

¿are you implying that GRETA WAS RIGHT‽

A shift to nuclear will not help here. A lot of the uranium is mined in Kazakhstan, China and ... Russia.

Don't make me laugh.

@@jorgegonzalez-larramendi5491 No she hardly know what the consequences of what she's asking for actually are.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

True, there ain't no vegan coke.

I mean, here it's very simple. Europe gets very cold. They need heat. Electricity demands skyrocket if they switch to electric heat and that means tons more nuclear. Or they buy oil and gas from international markets. Russia is a huge oil exporter for Europe but so is thr middle east. Do you want to deal with Russia or Turkey, both of which have pipelines and bomb kids. Our reliance on fossil fuels is largely driving this l.

Name a better system than capitalism

@@BenedictMHolland Or you know, expedite clean energy. It isn't just "oil from 'them' or 'them'" in the real world... Yes, more expensive (thanks to subsidies), but _possible,_ if you stop listening to the manufactured status quo!!

MBS who Biden call a killer and who is de facto king of Saudi Arabia, now will have a bone to pick with BIDEN. He will make Biden lick his hand and boot for more oil.

They like money too much to do that.

... democracy would sUdDenLY find its way there... *Shudders* Then civil war for a few decades... 😕

@@rush666666 nope they refused it already 😂

@@savlog9396 UAE ambassador to US today said they will increase the supply, they decided they don't want to take the chance that America starts developing their own industry.

We might never end the pandemic. Its been very profitable and people scare real easy, the media is great at confusing and scaring people

When an idiot President kills Keystone, fracking, new oil exploration, new leases and production on DAY ONE of his usurpation, (killing 140,000 jobs too) prices go up. Duh.

Easy for you to say most democrats don’t have a job.

@@l4cattle927 I don’t know brother , Mexico went through the same thing and they boycott gas. Not all of them but the majority of the population for a week and a half . Then the lower them again

@@l4cattle927 Get a life!

@@l4cattle927 it's not about politics, it's about global market speculation and nervousness of an oil disruption. Which makes it an opportunistic event for price gouging. The U.S. imports around 3% of Russian oil. If you translate that into U.S. gas prices, you should see around a .10 to .30 cent increase, but prices have increased by 30% or more in some cases almost overnight. If we want to send a strong message to the speculators, we need to boycott or reduce our consumption. Maybe you can jump on your tricycle and help make a difference.

@Max That's a fact! We enable them.

Supply chain issues, Biden and the green energy lobby are to blame. They are the ones.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

Haha - I got that joke! (apparently no other of your commenters did, so I thought I'll let you know)

Yup. When it comes to gasoline, the oil companies ARE the supply chain. I suppose I should applaud them for telling the truth, kinda.

7%

True, we also reduced our own oil production, so the administration is also at fault

We reduced our oil production, and now Putin cured COVID in a single day, so now everyone is traveling more, via car, bus, airplane, boat, etc. Demand has skyrocketed.

Putin thanks you for supporting his candidate. He wouldn't have done this without your help.

Isn't 10% actually a huge number when it comes to such a huge commodity being used?

Exploitive opportunistic Capitalism 🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

Unfortunately economics is based on supply and demand. Or a Ricky from the Trailer Park Boys would say " Supply and Command" 😂

But US oil is now becoming more competitive and wanted in countries still depending on Russia, and so overall demand is higher and so it reflects to US market as well. You don't live in a closed economy so you can't just close your eyes from the bigger picture.

we already have laws against price gouging... but it is just one more thing that is not enforced effectively. We need to stop buying gas as much as possible to lower the demand, but I doubt if enough people will realize that, and if they do, actually sacrifice anything to do so. I'm not talking about people who have to drive for work and school, I'm talking about people who can plan all their errands for one day in a loop or skip some of their unnecessary outings and trips. I remember the oil embargo 40 years ago. That was a real gas crisis. This is just greed so far. Until those of us who can afford to pay more, refuse to buy more than we actually need, prices of everything will continue to rise. We can't do anything about the supply, but most of us can do something to lower our demand. The question is: Will we?

Trump had gas at $1.70. Joetato has it at $6.50. One was FOR A USA oil, one was against it. Every Republican could see this coming. Duh.

Exploitive opportunistic Capitalism🐺⛳🏌️‍♀️🤠🤑 devour both the clintes 🛒🛍💄💅📡💸& the workers👷‍♂️👨‍🏭⚒👨‍⚕️👨‍🔬👨‍🏫 in raising its target profits 📈the golf playing Murdoch📡 , Bezos 🧛‍♀️& Trump🤑 like multi billioners stingy enough to devour US citizens 👨‍👨‍👧‍👧in any opportunity ... Trump already escaping paying taxes💵➡🚝🛣🏗 for what is supposed to be his homeland👨‍👨‍👧‍👧 for 20 years📅 & still able to be president .this is what exploitive opportunistic capitalism 🤑💸🧛‍♀️🐺 offers to US 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

True

NYC’s MTA is a shambles and has been for years. And now doesn’t even feel safe to ride. But who is going to pay for a taxi or Lyft at $40 each way to work? And if you drive you then have to pay for parking and then lose your spot on the street and have to drive around sometimes for hours to get a different one.

Finally, thank you! SUVs are the absolute worst vehicle to drive if you wanr to save gas

real ironic honestly - i feel like living below your means is becoming a distant afterthought for a lot of americans

I know right like totally........ My little car with two pistons in it pulls my 40 ft trailer loaded with hogs and horses..............

Yes and suburbans LOL

It's weirder that ppl moved out of the cities they commute to daily which prompts the complainant of high gas prices

@Ste Fan No because we do not speak to our elders that way! ty

I didn’t get it. Isn’t that true of everything? The price of cars, TVs, soda, eggs, bread, etc goes up today and that’s yesterday’s cars, soda, eggs etc that were on the same lots and shelves last night. A more expensive shipment of them didn’t come in this morning. It’s just with a new markup. The old price isn’t available to us since we just didn’t buy it yesterday. That’s the supply and demand and the timing of capitalism. We know it well. Am I missing something?

@Ste Fan only blond hair, blue eyed, civilized people who talk to elderly that way

@@noble604 that's the thing that people don't seem to realize. Back in the day people would boycott a business to force prices back down, now people who are used to instant gratification can't seem to do without anything to sacrifice for better. They talk about weak leaders. Smh

@@number19real civilized you say? There is nothing civilized about rude people!

I agree!

Nooooo, I think it because your chicom installed president shut down TWO pipelines.

Nice conspiracy theory.

When gas prices spike by 100% five minutes after sanctions are levied on a country that we see less than 2% of our fossil fuel supply, it goes beyond a conspiracy theory.

I'm guessing some is price gouging as they call it.. But if we had a leader/ group of leaders to stand up a little more and look deep and say BS vs. Let's do some about it now. That might help that portion of it. But frankly... we obviously don't. And people knew it when they voted

Like what "renewables" leftist?

Do it realize how many products are made via crude oil?

Trump had gas at $1.70. Joetato has it at $6.50. One was FOR A USA oil, one was against it. Every Republican could see this coming. Duh. Not about greed, not about scarcity. Not about war. It's about POLICY.

I liked this video for that song. My husband sings a similar birthday song sometimes because he says he gets tired of the standard version we sing in the US. It always makes me laugh!

Dmitriy 🤣🤣🤣

Nice to see some people are in touch with the harsh realities and magnitude of the situation. I wish it was as simple as Trevor makes it sound, but it is far far more complex.

Trump had gas at $1.70. Joetato has it at $6.50. One was FOR A USA oil, one was against it. Every Republican could see this coming. Duh.

Quick question, has your salary from 2008 been adjusted for 14 years of inflation?

@A P cool, doesn't change the fact that $40 in 2008 was worth more than $40 today and you were still paying that back then. Gas prices will level out, like they always do.

@@NoTimeLeft_ actually, yes, it has, but I'm lucky enough to live in a blue state in an industry where I can make decent, not amazing, but decent, money.

@@RabblesTheBinx then you need to consider yourself lucky. I have NEVER heard of any position receiving yearly raises linked to CPI. And I make a low 6 figure salary working for the govt. Adjusting for inflation is a trick people in power like to use Why? Because unless you setting the price for something like selling oil, or food, etc... You have no power.

Eh, you can blame politicians. They are the enablers. Oil companies can't do whatever they want .. they get approval from paid off politicians.

cause thats what a socialist country does XD

Trump had gas at $1.70. Joetato has it at $6.50. One was FOR A USA oil, one was against it. Every Republican could see this coming. Duh. Not about greed, not about scarcity. Not about war. It's about POLICY.

Depends on your car. I used to have car that could go 800km on full tank but only 10km/liter. It was expensive to fill