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Biden’s Energy Secretary Blames ‘International And Climate Events’ For Rising Gas Prices

Posted: January 24th, 2023, 7:53 am
by cc27
Secretary of Energy Jennifer Granholm claimed Monday that “international and climate events” were to blame for price increases at the pump.

“It’s obviously based upon international and climate events, so, for example, Winter Storm Elliot pulled two million barrels off the U.S. market,” Granholm said during a White House press briefing. “That crimp in supply causes prices to go up.”

edited by moderator, fair use, 2 paragraph rule
Boadicea

https://dailycaller.com/2023/01/23/jenn ... as-prices/
The Soviet Union had poor wheat harvests from 1917 to 1992 because of International and Climate Events.

Re: Biden’s Energy Secretary Blames ‘International And Climate Events’ For Rising Gas Prices

Posted: January 25th, 2023, 3:16 pm
by Vercingetorix
cc27 wrote: January 24th, 2023, 7:53 am The Soviet Union had poor wheat harvests from 1917 to 1992 because of International and Climate Events.
Petroleum is a global commodity. Global events ALWAYS effect price. The price is just so sticky that it ia supply and not environment driving cost..

Re: Biden’s Energy Secretary Blames ‘International And Climate Events’ For Rising Gas Prices

Posted: January 25th, 2023, 3:49 pm
by Baron
Vercingetorix wrote: January 25th, 2023, 3:16 pm . . .
Thread drift alert.

Vercingetorix,

Please visit the Money forum and see the "Central Banks , , ," post.
I posted that with you in mind because your understanding of Economics is better than mine.

Regards,
Baron

Re: Biden’s Energy Secretary Blames ‘International And Climate Events’ For Rising Gas Prices

Posted: January 25th, 2023, 3:54 pm
by Vercingetorix
Baron wrote: January 25th, 2023, 3:49 pm Thread drift alert.

Vercingetorix,

Please visit the Money forum and see the "Central Banks , , ," post.
I posted that with you in mind because your understanding of Economics is better than mine.

Regards,
Baron
I'll take a look

Re: Biden’s Energy Secretary Blames ‘International And Climate Events’ For Rising Gas Prices

Posted: January 26th, 2023, 12:16 pm
by Gamle-ged
I'm wondering what would NOT be covered under "international and climate." Asteroid strikes, alien invasion (real aliens visiting Earth with the book, "To Serve Man," assorted rumblings from Earth's liquid core...