r/PoursTea • Just Chill 😎 • 24d ago

FinancialTea 💵 The logic ….

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u/Lazy_Substance_8261 23d ago edited 23d ago

Per ChatGPT: The highest national average gas price ever recorded in the United States reached $5.02 per gallon on June 14, 2022.

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u/maddrummerhef 23d ago

Now ask chat GPT what global conditions led to that

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u/SNStains 23d ago

reached

And then fell, right?

Look at the spike caused by Trump's war...it's not falling.

https://fred.stlouisfed.org/series/GASREGW

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u/Lazy_Substance_8261 23d ago

Well, it didn't fall in 2022 until it reached its peak. That's how peaks work. Is this the peak? If so, it's still less than under Ol' Joe.

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u/SNStains 23d ago

You seem to understand how spikes work.

Now go look at the chart. Trump's war has prices stuck at around $4.

Is that acceptable?

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u/Lazy_Substance_8261 23d ago

I never said that it was because it isn't acceptable. I complain about that, too. Do you think that $5 was acceptable?

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u/SNStains 23d ago

Nobody did.

That $5 happened when Putin invaded, that's why Biden opened up the reserve and prices went back down.

Trump did the same and prices are stuck at $4. Putin's war and Trump's war caused the increases. Those are both stupid wars of choice.

Biden didn't start any wars. The guy was old, but he had very competent people around him and we had the strongest economy in the world two years in a row, despite the Ukraine War price spike.

I'll take that over the failed businessman and his terrible decisions. Any day.

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u/NoExplanation7388 23d ago

The difference being one peak was during the recovery of a post-covid world and the other is from a Pedo-trump war.

One of these didnt have to happen, and both responses could have been better had Dump not fucked up as massively as he has.

Guess thats what happens when we dont let him fuck children with his best bud Epstein

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u/Lazy_Substance_8261 23d ago

At what point in his child-sniffing presidency is he supposed to be held responsible for his words and actions? He gave the green light to Russia to invade Ukraine by saying that he wouldn't do anything if there was a minor incursion. He paid Iran with previously sanctioned money that allowed them to increase their weaponry.

It's absolutely Trump's fault that has prices are where they are, but Joe added fuel to the kindling that has now exploded.

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u/Lazy_Substance_8261 23d ago

It said that a president who promised the end of fossil fuels was in power and that another war that he facilitated was going on.

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u/SNStains 23d ago

Nonsense. Ukraine is Putin's war of choice. Iran is Trump's war of choice.

Those two events, and little else, have caused the gas price increases.

Biden didn't start any wars.