What factors contribute to gas prices? [OC]Submitted by USAFacts_Official t3_yl8yag in dataisbeautiful
secret_trout t1_iux5zq4 wrote
I thought the US president was the single determining factor??
madoo256 t1_iux6hyb wrote
Unless it is a president you like, then he has nothing to do with it. /s
RyGuyyy15 t1_iuxc0rw wrote
If it’s a President I like, he/she is solely responsible for low prices but has no responsibility over bad prices. The opposite is true for presidents I don’t like. It’s a simple calculus, little one. /s
Naginiorpython t1_iuxiqq8 wrote
In "I did that" stickers we trust
insultant_ t1_iuzceiw wrote
Because Trump would have made it $1/gallon had he won in 2020, but nooooooooo…
/s
wtfbro_ t1_iux9f34 wrote
My dad said there is a button on the presidential desk that sets nation wide gas prices.
fail-deadly- t1_iuzduk3 wrote
What kind of ludicrous conspiracy theory is that?
It is obviously a dial so they can move prices up and down at will, and not a button.
Torchic336 t1_iuzp77l wrote
I have it on good authority it is a complicated system of pullies and cranks
wtfbro_ t1_iuzzkcf wrote
Like a rubix cube with more steps
jinxies1 t1_iv2aznt wrote
You Are All Wrong !! The president spins in his office 3 times then he needs to clicked his heels 3 times. Follow by meeting with the shamens where they share a ceremonial gummy before leaving this dimension to meet with the gas gods. He must high five the gas God ExxonMobil in that dimension before the trip is over and he thrusted he back to our dimension.
It's super important that he spins 3 times or he has to do this all over again and so help us if he forgets . The gas prices increase by 4 dollars.
I have insider knowledge this is why sometimes all the presidents age so much. It's stressful job and journey to reach the gas God every midterm. ...
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..
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Do I even need to say /s If you think I was serious This is your clear sign you are super susceptible to delusional thoughts and your probally in a cult.
marsh55116 t1_iuxuaf5 wrote
Yet you guys give him credit when it goes down .05!
Ed_Chambers_PP t1_iuy3qrc wrote
"You guys". I think we all know what type of person you are.
marsh55116 t1_iv1hu71 wrote
What type is that oh great mind reader
Ed_Chambers_PP t1_iv1knla wrote
The type of guy who gets down voted in a data visualization sub for saying obviously incorrect and stupid things because of his lack of understanding on how markets work.
marsh55116 t1_iv1lf88 wrote
I don’t care if I get down voted.. But I can cite multiple articles where people give him credit for lowering gas prices.. If he didn’t cause them to rise, then he didn’t lower them.,
Biden himself said he took credit for the ‘em going down..
He said Putin was responsible for them going up..
Your “data is beautiful” is just a biased cover for the administration..
It’s like the Fact Checkers.. Everyone assumes they are neutral and have no agenda..
And the reason I got down voted is because you are all in an echo chamber and not used to hearing views you disagree with..
All data is interpreted through a particular lens.. Even my lens.. I acknowledge my biases, do you??
Ed_Chambers_PP t1_iv1o87b wrote
I acknowledge that I was correct on assuming what type of person you are. Sorry that facts don't align with your feelings. If this is an echo chamber (driven by quantifiable data), then why are you here? Go to r/conservative where facts don't matter.
marsh55116 t1_iv1spux wrote
You’re charming.
Ed_Chambers_PP t1_iv1uh81 wrote
Being overly polite to idiots got us to where we have to constantly hear from people like you thinking you know what you are talking about. If you need a safe space, go somewhere else.
marsh55116 t1_iv1ure7 wrote
“Party of love, Compassion, Unity, and Tolerance” strikes again!!
Ed_Chambers_PP t1_iv1vmxg wrote
Cry more about it.
marsh55116 t1_iv1xyg4 wrote
Touch grass pal! There are actual people behind these screens.
Ed_Chambers_PP t1_iv1yi1m wrote
Take your stupid posts back to r/nofap and r/conservative where you belong. Adults are talking here.
marsh55116 t1_iv1tzhj wrote
It isn’t “just data” you literally made it partisan from the get go!
Ed_Chambers_PP t1_iv1ubaj wrote
Yes, by responding to your stupid political comment I made it political. Great job smart guy.
marsh55116 t1_iv1ulf3 wrote
Okay so you insult.. You only call it stupid because you disagree with my opinion.. The Left gave Joe Biden credit for it going down.. He didn’t cause it and didn’t lower it..
Ed_Chambers_PP t1_iv1vikr wrote
He literally has taken actions to lower gas prices which were inflated due to decreased production and price gouging. So the facts are he didn't cause the high prices but has worked to lower them. You just aren't capable of looking past your bias to understand facts.
Based on how much you are down voted, I think everyone else besides you was smart enough to figure this out.
"Mr. Biden’s decision to order the release of 15 million additional barrels of oil from the Strategic Petroleum Reserve is designed to address the immediate worry of rising gas prices, which was exacerbated further by Saudi Arabia’s recent decision, in concert with Russia, to cut oil production. In total, 180 million barrels of oil have been released since Mr. Biden authorized the use of the reserve in March."
[deleted] t1_iuy4uc7 wrote
[deleted]
redwings27 t1_iuy77bj wrote
I was going to say, where’s the president’s gas price lever??
Petey_Pablo_ t1_iuz3bpd wrote
Well O&G companies aren’t building new refineries since this administration has promised to put an end to the fossil fuel industry, so he’s certainly not helping.
40for60 t1_iv0vmdg wrote
They weren't building them prior to Biden either. The Philly plant decision to not rebuild was made during the Trump admin.
Yacobeam t1_iuypsda wrote
Public policy absolutely plays a factor in the price of crude oil
[deleted] t1_iuxeux2 wrote
[removed]
[deleted] t1_iuz0j1t wrote
Biggest factor
dibsODDJOB t1_iuz48kg wrote
Or the Minnesota governor, according to the GOP
Torchic336 t1_iuzp2nd wrote
Yeah, which one of these colors is Joe Biden?
TiredTim23 t1_iuz8l21 wrote
You see how crude oil prices are the biggest factor? Well, executive branch can make decisions that affect that price.
Edit: Grammar
40for60 t1_iv1hhpr wrote
Explain in detail please along with timelines.
TiredTim23 t1_iv1vzc7 wrote
Here you go. I will say; 1. Rejoin Paris Climate Agreement likely didn't change the price unless it spiked future markets. 2. Odiously Biden isn't responsible for Russia invading Ukraine.
40for60 t1_iv1y26j wrote
Did Biden control the weather in ND too?
Also why didn't Trump step in and use his magic in Philly to ensure the refinery gets rebuilt there?
Some of you are the most gullible monkeys around.
TiredTim23 t1_iv2iabw wrote
Pause. You said, “Explain in detail please along with timelines.” I gave you exactly that. Dates of when the Executive branch did things the affected the price of crude oil. I’ve cited you source that is exactly what you asked for.
I’m not a Trump fan. I’m not quite clear on what your saying he did wrong, I’ll just agree. But I think it’s telling how you point to something Trump did that caused gas prices to go up. Then pretend like POTUS can not have effect of gas prices.
Odiously there are things outside of the president’s control that change gas prices. I called out 1 of them in the graphic I cited. My point is there are things within the presidents control that affects gas prices. And I’ve have shown you a source of things he’s done. And it’s seems like you agree with my premise.
40for60 t1_iv2jcnr wrote
that wasn't details that was a meme.
nothing about the the refineries that were taken offline during Covid for upgrades or Philly which isn't being rebuilt. Nothing about the cold weather in ND, the Husky refinery or the labor shortage in the Bakken. Outside of releasing the strategic storage there isn't anything the President does that affects the price short term. The graphic isn't a serious one.
TiredTim23 t1_iv2zkbz wrote
Keep moving the goal posts you’ll be right eventually. My point was never about short term prices, but prices overall. The timeline I shared was created before the things you mentioned happened. If you want to disprove the timeline I shared you either have to prove A) those things didn’t happen, or B) They didn’t affect the price of gas.
In general, what is disingenuous about the argument is the difference between the following statements: 1. ‘The president doesn’t control the price of gas.’ That’s true. 2. However, ‘the president can affect the price of gas.’ That is also true. The president does not decide the price of gas when he wants. But can change regulations that affect production costs.
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