Gas Prices Surge as Biden Cuts Ties with Russian Oil

Gas Prices Surge as Biden Cuts Ties with Russian Oil | The Daily Show

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2 жыл бұрын

As Russia continues to attack Ukraine and calls in Syrian reinforcements, the U.S. and Europe face the costly challenge of cutting off their ties to Russian oil. #DailyShow
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Пікірлер: 4 300

@xdae 2 жыл бұрын

My friend’s family owns 20+ gas stations. They told me that only 7% of gas in the US comes from Russia. The majority of gas actually comes from Canada. It’s mainly the EU that is effected by Russian oil. So yes, gas companies did trick us by gouging the gas prices.

@Ottophil 2 жыл бұрын

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.

@GhostsOfSparta 2 жыл бұрын

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

@Antonio-vl7to 2 жыл бұрын

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

@lucycan6363 2 жыл бұрын

@@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

@lucycan6363 2 жыл бұрын

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

@Leonaza7 2 жыл бұрын

Let's not forget that oil/gas companies make billions in profits every year, and completely have the ability to lower prices and absorb changes in the cost of doing business. They CHOOSE to pass these costs onto the consumer.

@scph321 2 жыл бұрын

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

@sleepinggiant4062 2 жыл бұрын

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

@mf568 2 жыл бұрын

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.

@professionalpussypetter2929 2 жыл бұрын

@@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?

@meslane1232 2 жыл бұрын

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

@Phin-germayas 2 жыл бұрын

Thank you Biden . Maybe we should have opened that pipeline and we wouldn’t be so dependent on Russian oil

@eudofia 2 жыл бұрын

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.

@eudofia 2 жыл бұрын

@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.

@oceanesteel1079 2 жыл бұрын

@@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.

@michaelhammond9459 2 жыл бұрын

@@oceanesteel1079 exactly correct!

@tubetorpedo 2 жыл бұрын

@@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...

@jacobcox1927 2 жыл бұрын

"Imagine we don't take your money hahaha" then Saudi Arabia straight up leaves us on read 🤣

@FearlesSLaughteR1 2 жыл бұрын

"Oil shortage" is an easy price gouge, for half an hour of your minimum wage, for one gallon of gas. Weird when we had an overabundance of oil just last year where companies where paying to find places to store it.

@nofreebeer 2 жыл бұрын

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

@anthonybha4510 2 жыл бұрын

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

@Uahmedtahaalnady 2 жыл бұрын

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 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

@BearCrossStudio 2 жыл бұрын

This is my fav. News source man

@CabinFever52 2 жыл бұрын

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.

@user-xt6kx6be5u 2 жыл бұрын

Russia, don't be offended! These are not sanctions but Special Financial Operations to help your economy!

@haqqizillysozo 2 жыл бұрын

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

@geoworld8740 2 жыл бұрын

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

@Orocnogu 2 жыл бұрын

@@geoworld8740 Nope.

@abdulshakur2776 2 жыл бұрын

Will you stop stealing comments?

@user-ch7mn3km9w 2 жыл бұрын

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?

@LindaMcQu 2 жыл бұрын

Soooooo, let me get this straight. We are in the midst of an oil shortage when just last year, we had so much of it we were looking for places to store it. What am I missing here?

@midsummersnight3848 2 жыл бұрын

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. 😂

@kennethbower6040 2 жыл бұрын

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!

@jacquelinelarsen6159 2 жыл бұрын

Biden got elected and he shut down the fossil fuel industry

@patrickoconnell3321 2 жыл бұрын

Trump?

@eavyeavy2864 2 жыл бұрын

@77z take your shizo pill

@NomanJohan 2 жыл бұрын

"If Russia manages to turn this into a middle-east conflict then west would stop caring about it" If a line could be super funny and ironically super true at the same time, this is it.

@monosodiumglutemate8216 2 жыл бұрын

"Make it about the Middle East and the West will stop caring about it" - Dark humor. But so true.

@sbs3003ses 2 жыл бұрын

If only Russia had just invaded Afghanistan or something.

@Sarahhrochellee 2 жыл бұрын

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

@AtheistMolHed 2 жыл бұрын

@@Sarahhrochellee why should they?

@Sarahhrochellee 2 жыл бұрын

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

@Farzana-Alim 2 жыл бұрын

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

@wellness-energetics1487 2 жыл бұрын

Glad u are talking about the question of why gas prices go up instantly, and why the oil companies are too greedy to take less profits!

@michellesmith8912 2 жыл бұрын

You said it "GREEDY."

@GarudaAlfa 2 жыл бұрын

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

@amix__ 2 жыл бұрын

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

@dihe1392 2 жыл бұрын

@@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

@captainhaddock6435 2 жыл бұрын

@@dihe1392 🤣

@GHOST-zy3ji 2 жыл бұрын

You see big issue with gas’s prices going up is that everything goes up too. Groceries have become freaking expensive

@jonadam9740 2 жыл бұрын

Welcome to Obama \Biden 3, the sequel.

@donbardo4255 2 жыл бұрын

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

@guffeluffe5987 2 жыл бұрын

@@donbardo4255 great reset

@matthamel9255 2 жыл бұрын

I agree with some of his points except that we were energy independent before the new administration took office and declared war on the energy industry. The talking point of unused leases is deceitful. A drilling lease requires BLM and EPA permits for roads, retention ponds, and facilities. Those permits are being stalled bc the admin declared no more drilling on federal lands or offshore. Higher energy prices is part of the plan to push the Green Energy industry.

@NazriB Жыл бұрын

Lies again? Superman Spiderman Soccer United

@GabeSegura94 2 жыл бұрын

Oil and gas companies are the problem, only 8% of our oil comes from Russia. How does that justify a 20% and climbing price hike?

@davidvickers8425 2 жыл бұрын

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

@Uahmedtahaalnady 2 жыл бұрын

@BenedictMHolland 2 жыл бұрын

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.

@gafls3151 2 жыл бұрын

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

@gimmespamnow 2 жыл бұрын

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.

@tikondwebinali3637 2 жыл бұрын

😂 😂 "This is your birthday, you were born on this day, This is your birthday"

@saraforutan 2 жыл бұрын

“I don’t think they have a word for happy.” 😂😂😂😂

@bernardmwaba4167 2 жыл бұрын

“There’s Rudy Giuliani” 😭🤣🤣

@thecrippledpancake9455 2 жыл бұрын

4:21 EXACTLY, oil companies are making exactly as much as they were before if not more. They ALWAYS shift extra cost on the poor people instead of taking a little bit of a hit.

@jonadam9740 2 жыл бұрын

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.

@divyansh3266 2 жыл бұрын

"If Russia manages to turn this into a middle-east conflict then west would stop caring about it". We all love Trevor, don't we !

@oscartorres258 2 жыл бұрын

I don’t

@Nyeritain 2 жыл бұрын

Straight to the point

@omo708 2 жыл бұрын

His funny asf😂

@emsnewssupkis6453 2 жыл бұрын

This is probably the DUMBEST thing Trevor said.

@rene.grondzi 2 жыл бұрын

@@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

@DEK360GHANA 2 жыл бұрын

Come to Ghana and withness this!. Fuel price can increase 50% and the salary is still where it is.

@iscavengersam 2 жыл бұрын

"Give me the gas at the bottom of the tank." 😅😅😅

@TheDloeblein21 2 жыл бұрын

oil companies are making profit off this war and its crazy how no one condemns the oil companies for it.

@TeddyKrimsony 2 жыл бұрын

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

@stormwatcher59 2 жыл бұрын

bump

@Uahmedtahaalnady 2 жыл бұрын

@TragoudistrosMPH 2 жыл бұрын

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.

@doctordoubledakka3939 2 жыл бұрын

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

@kimberlyterasaki4843 2 жыл бұрын

Thank you Trevor for bringing up the fact that we wouldn’t be so focused on gas prices if we had more renewable energy and transit options. The price of gas in America is a steal compared to prices in some other countries. Everyone needs to take the opportunity to self-reflect on when / whether they really need to drive to the store that’s a five minute walk away.

@Katelyn3666 2 жыл бұрын

I agree!

@Evolve816 2 жыл бұрын

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

@lone8611 2 жыл бұрын

@@Evolve816 oh gawd you brought back memories lol

@RoseWitch.VDO96 2 жыл бұрын

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

@sweetsue4204 2 жыл бұрын

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

@philips6296 2 жыл бұрын

''give me the Gas at the bottom of that tank, That's 2 dollar gas''HAhahah you nailed it!

@bearth8498 2 жыл бұрын

Gas is expensive BUT Freedom is PRICELESS

@GHOST-zy3ji 2 жыл бұрын

Yea I doubt that

@svetoslavstanchev9977 2 жыл бұрын

"Happy birthday" in Russian is "s dnem rozhdeniya" which literally means "with the day of birth", so you are right, no "happу" in Russian. 🤣🤣🤣

@dgatan 2 жыл бұрын

🤣🤣🤣🤣

@nychellebrewer 2 жыл бұрын

"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.

@SuperLeica1 2 жыл бұрын

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

@svetoslavstanchev9977 2 жыл бұрын

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

@nychellebrewer 2 жыл бұрын

@@svetoslavstanchev9977 Nope. Guess not!

@iyeetsecurity922 2 жыл бұрын

The oil companies need to be better regulated! They're price gouging and creating _artificial scarcity._

@ME-yb2lm 2 жыл бұрын

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.

@Uahmedtahaalnady 2 жыл бұрын

@olencone4005 2 жыл бұрын

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.

@luke_cohen1 2 жыл бұрын

@@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.

@garyandsandrahamlin872 2 жыл бұрын

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

@vinnymakrulz420 2 жыл бұрын

the Happy Meal toy was the 'Birthday Gift' ?!?!?!? hahahahahaha

@wesleychapman8842 2 жыл бұрын

Time to do our own oil production

@melaninessence8676 2 жыл бұрын

I’ve said the exact same thing about the gas! Why should risings prices effect gas WaWa already purchased at a lower rate?!?

@anthonybha4510 2 жыл бұрын

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

@Uahmedtahaalnady 2 жыл бұрын

@jberg1178 2 жыл бұрын

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

@g.d.graham2446 2 жыл бұрын

Exactly

@Bellial87 2 жыл бұрын

if the gas station sells at the old lower price they cant afford to refill their pumps because the money the got from the "old" gas is not enough to buy the "new" gas

@km1dash6 2 жыл бұрын

When prices go up and corporate profit also go up, few people blame the corporations for rank profiteering.

@Uahmedtahaalnady 2 жыл бұрын

@lsingstock1646 2 жыл бұрын

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.

@rafaelrod6109 2 жыл бұрын

Few people blame the president Biden lol

@g.d.graham2446 2 жыл бұрын

Unfortunately

@miguelgonzalez6495 2 жыл бұрын

@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.

@cherylcathy6675 2 жыл бұрын

"there's no word for happy in their country" 🤣🤣🤣🤣 that cracked me up

@thembawulana9508 2 жыл бұрын

"This is your birthday "🤣🤣🤣🤣🤣🤣🤣

@TheNeoVid 2 жыл бұрын

Ahhh, a possible 5% reduction in supply leading to a 30% increase in prices. No one could have seen that coming.

@macmcleod1188 2 жыл бұрын

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.

@shutupimstilltalking 2 жыл бұрын

@@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.

@macmcleod1188 2 жыл бұрын

@@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.

@shutupimstilltalking 2 жыл бұрын

@@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

@shutupimstilltalking 2 жыл бұрын

@@macmcleod1188 and then claiming a shortage.

@elshadestino613 2 жыл бұрын

"It's all about saving gas" funniest Vin 'Diesel' impression so far🤣😆🤣😆

@Uahmedtahaalnady 2 жыл бұрын

fast & furious in bicycles 🚴‍♀️🚴‍♂️😁

@goodwill2607 2 жыл бұрын

Trevor thanks for bringing some laughter with all the mess that's going on.

@jovaniduarte649 2 жыл бұрын

I like how gas was $2.49 in California before 2020. If only we had an administration that stood up to all foreign oil. . . 🤔

@ernieRUOK 2 жыл бұрын

He's right it should have taken a while for the price to skyrocket. Miraculously the oil that was in the tanks at Shell costs more before the new more expensive oil gets here?

@A3racada3ra 2 жыл бұрын

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.

@ellenflanagan8582 2 жыл бұрын

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

@luke_cohen1 2 жыл бұрын

@@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.

@Monster33336 2 жыл бұрын

@Max bot

@mariedin683 2 жыл бұрын

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

@moo1388 2 жыл бұрын

Excellent points Trevor... also the United States has its own oil,,, it's nothing but greed that raised the price

@not-even-german4892 2 жыл бұрын

GREED👌

@Uahmedtahaalnady 2 жыл бұрын

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 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

@gemanscombe4985 2 жыл бұрын

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.

@garyandsandrahamlin872 2 жыл бұрын

Then why did the price fall with Covid?

@jeffeverhart8464 2 жыл бұрын

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

@brucemou1 2 жыл бұрын

Ever notice how slowly gas prices go down when oil prices fall.

@yungifez 2 жыл бұрын

No Starbucks No McDonald's My country has always been like this🤣🤣🤣🤣🤣

@olencone4005 2 жыл бұрын

Sadly (and predictably), with or without Russia's war against Ukraine, gas prices were going to skyrocket anyway. After two years of the world bunkering down to avoid the pandemic, all those oil companies are looking to recoup those losses. So pretty much any excuse to raise prices... is going to raise prices. And for that matter, it's not just oil companies doing this either. Anyone who didn't see price hikes on everything from gas to toilet paper as soon as the pandemic ended is either incredibly over-optimistic or simply unaware of how some of these companies work. They're not just going to shrug and brush off two years of low profits -- they're going to milk every man, woman, and child on this planet for every single penny they can until they feel satisfied with their new profit margins.

@g.d.graham2446 2 жыл бұрын

Absolutely

@ragingbullalf5790 2 жыл бұрын

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!

@bogusmcbogus2637 2 жыл бұрын

Yup.

@JaleenAduma 2 жыл бұрын

Truth

@randomstuff-qu7sh 2 жыл бұрын

@@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.

@georgegrip5010 2 жыл бұрын

Two subjects on the news yesterday that caught my interest. Stocks lost 3% of their value over the past week. The energy sector ( oil companies ) gained 6%.

@Uahmedtahaalnady 2 жыл бұрын

@g.d.graham2446 2 жыл бұрын

Indeed

@thereaperlord3738 2 жыл бұрын

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

@olenamuzyka5571 2 жыл бұрын

Love you, Trevor! Hello from Ukraine.

@gordonking6360 2 жыл бұрын

I'm using that birthday song on someone😂

@alejandrogarcia-sw4ic 2 жыл бұрын

“Putin strategy is pretending ucrania is Middle East so we would not care anymore”. I like you so much and I was affraid I would dislike what would you say about Ukrainian war, and you nailed it!

@asdasdbinaltiapayansa24ora94 2 жыл бұрын

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

@ComicalRealm 2 жыл бұрын

2008 was not a once in a generation event. It became the norm when they turned our economy into a casino

@TheExplorder 2 жыл бұрын

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

@atomicknight63 2 жыл бұрын

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

@Uahmedtahaalnady 2 жыл бұрын

@jessicaryan9820 2 жыл бұрын

So true!!

@ondukorosasi1569 2 жыл бұрын

Trevor Trevor Trevor! 😂 This guy is out of this world.

@katherinegriffith5546 2 жыл бұрын

Interesting that the U.S. is in the top 4 of oil/gas production and yet we blame the shortage on imports from other countries. If the U.S. invested more in to alternative energy, is it possible to be self reliant?

@markfila281 2 жыл бұрын

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.

@g.d.graham2446 2 жыл бұрын

Exactly

@Homer5235 2 жыл бұрын

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

@markfila281 2 жыл бұрын

@@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.

@alexguess8653 2 жыл бұрын

@@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.

@mastergecko1178 2 жыл бұрын

“Gas prices are getting ridiculous! I just filled up and it costs me 50 dollars!” Californians: “Where can I get some of that dirt cheap gas?”

@leon1682 2 жыл бұрын

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

@shovideoZ 2 жыл бұрын

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

@OntarioTrafficMan 2 жыл бұрын

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.

@nauidiver227 2 жыл бұрын

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.

@zacklp3844 2 жыл бұрын

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

@NimNim2024 2 жыл бұрын

It's 4.39$/gallon in Georgia, last week was 3.29$!! How ridiculous things are turning! Of course, sleepy Joe does not care!

@aguyfromnothere 2 жыл бұрын

Gas prices were serging long before Russia and the Ukraine.

@NerdyShawn 2 жыл бұрын

I've been hearing people complain about gas prices all my life, I'm over it. 🤣

@Uahmedtahaalnady 2 жыл бұрын

@Steveman27 2 жыл бұрын

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.

@jorg3023 2 жыл бұрын

The actual problem is how dependent our society has become to oil

@camrenmugabe3062 2 жыл бұрын

No JorgEduardor is making a point we cannot depend on oil as a resource for a unlimited amount of time we need to use alternative fuel or resources so that we are unprepared when a collapse happens.

@alyshill5256 2 жыл бұрын

$50? What a bargain! In NZ it’s $150 now to fill up 😥impossible to sustain

@StanDarsch010 2 жыл бұрын

Here in the Netherlands we are paying the most for gas it's unbelievable such a small country and they are saying it's because of the war big lie.

@juanmedina3867 2 жыл бұрын

When oil companies are asked why the prices are so high they answer, “Supply Chain” lol!

@X2LR8 2 жыл бұрын

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

@Uahmedtahaalnady 2 жыл бұрын

@frizzlethecat2084 2 жыл бұрын

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

@gemanscombe4985 2 жыл бұрын

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

@novadicer6680 2 жыл бұрын

European here: Interesting that the change to renewable, clean energy suddenly became also a matter of europe´s security. This will hopefully speed up that process.

@jorgegonzalez-larramendi5491 2 жыл бұрын

¿are you implying that GRETA WAS RIGHT‽

@madshorn5826 2 жыл бұрын

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

@AmazingStoryDewd 2 жыл бұрын

Don't make me laugh.

@AmazingStoryDewd 2 жыл бұрын

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

@janostoth7572 2 жыл бұрын

They just said,ships from Russia,filled with petroleum. Are at are ports. It's already paid for ??? More BS.

@weidu4229 2 жыл бұрын

he should NOT have cut the Keystone pipe

@GRJ-uz7kf 2 жыл бұрын

Weird that everyone gets upset about gas prices, when the trend in vehicles is for massive gas guzzling pickup trucks and SUV's. Smaller families, bigger pickup trucks.

@sierralovat5498 2 жыл бұрын

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

@MRCHARLES2468 2 жыл бұрын

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

@firstlast189 2 жыл бұрын

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

@reallmccoy9043 2 жыл бұрын

Yes and suburbans LOL

@mrcead 2 жыл бұрын

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

@RabblesTheBinx 2 жыл бұрын

I wish people would stop calling these "record gas prices" when we're still below 2008, adjusted for inflation.

@NoTimeLeft_ 2 жыл бұрын

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

@RabblesTheBinx 2 жыл бұрын

@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.

@RabblesTheBinx 2 жыл бұрын

@@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.

@NoTimeLeft_ 2 жыл бұрын

@@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.

@neilphilip9201 2 жыл бұрын

So true Trevor

@knightswatch1005 2 жыл бұрын

The Russian birthday song 😂😂😂

@filipzet 2 жыл бұрын

Honestly that's a great thing, time to finally take the cold shower and realize that renewables are the key to energy independence. Europe has knows for ages it's reliant on Russia and somehow very little has been done to mitigate Putin's influence. As a European I say it's karma finally biting us back.

@ben_jammin9470 2 жыл бұрын

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.

@lenkacfk7155 2 жыл бұрын

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...

@simmerke1111 2 жыл бұрын

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?

@maze_mani7883 2 жыл бұрын

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

@SAG3__ 2 жыл бұрын

@@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.

@SukiStarFox888 2 жыл бұрын

If there was ever an imperative bid for renewables, this would be it.

@zackthebongripper7274 2 жыл бұрын

Like what "renewables" leftist?

@tioswift3676 2 жыл бұрын

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

@jonadam9740 2 жыл бұрын

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.

@annverkler9283 2 жыл бұрын

This was a much needed laugh

@MoTHFC 2 жыл бұрын

Here in the Netherlands the gas prices went from 1,50 last summer to 2,43 per liter. Which means about 10 dollar a gallon...

@Michaelkaydee 2 жыл бұрын

I like how America is finally catching up to how the rest of the world that doesn't produce its own oil deals with these kinds of crises

@jonadam9740 2 жыл бұрын

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.

@ashkebora7262 2 жыл бұрын

"... you'll find yourself constantly having to make a deal with the Devil." That's a mighty fine way to say, "there is no ethical consumption under capitalism." Business suits with no remorse will _always_ be there trying to leverage everything they can. Give in to the purposefully-defined status quo, and fail to stand up to people who could care less if the world literally burns.

@Uahmedtahaalnady 2 жыл бұрын

@Lopro94 2 жыл бұрын

True, there ain't no vegan coke.

@BenedictMHolland 2 жыл бұрын

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.

@kt550 2 жыл бұрын

Name a better system than capitalism

@ashkebora7262 2 жыл бұрын

@@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!!

@janostoth7572 2 жыл бұрын

Constantly getting lied too !!!!!!

@tankisomasangane5808 2 жыл бұрын

Now Americans feel what have we been feeling for years here in South Africa when it comes to the petrol price.

@VioletaGherman 2 жыл бұрын

Hope this puts a spotlight on the need for better Transit infrastructure, both in Europe and the US.

@Uahmedtahaalnady 2 жыл бұрын

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 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

@dark12ain 2 жыл бұрын

True

@ARichardP 2 жыл бұрын

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.

@lonestarhero81 2 жыл бұрын

We need to send these greedy price gougers a strong message by picking one day of the week were no one buys gas that day.

@l4cattle927 2 жыл бұрын

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

@abramrick3079 2 жыл бұрын

@@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

@pamelacourts5989 2 жыл бұрын

@@l4cattle927 Get a life!

@lonestarhero81 2 жыл бұрын

@@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.

@lonestarhero81 2 жыл бұрын

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

@CourtneyAverett 2 жыл бұрын

I really hope they can do something about this to lower the prices.

@garyandsandrahamlin872 2 жыл бұрын

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.

@generalalduin9548 2 жыл бұрын

I mean, sure companies are greedy, but we can't really ignore the problems with supply and demand right now.

@greensky9530 2 жыл бұрын

First of all, America gets a relatively small amount of oil from Russia already--something like 5-10%, I don't remember the exact number. Second of all, the gas companies and their greed for profit are at fault here, too. Don't forget that they are refusing to cut profits and that it is hurting every American.

@ekdaufin1485 2 жыл бұрын

@charleshood8486 2 жыл бұрын

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

@tioswift3676 2 жыл бұрын

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.

@lanefunai4714 2 жыл бұрын

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

@miragexl007 2 жыл бұрын

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

@allenmobley8444 2 жыл бұрын

That Saudi Arabia joke is oddly terrifying 😳😳 because I wouldn’t want to figure out what would happen if they did that.

@rush666666 2 жыл бұрын

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.

@slowanddeliberate6893 2 жыл бұрын

They like money too much to do that.

@TragoudistrosMPH 2 жыл бұрын

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

@savlog9396 2 жыл бұрын

@@rush666666 nope they refused it already 😂

@mohameda7585 2 жыл бұрын

@@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.

@brianwoo9943 2 жыл бұрын

There are many points I agree with Travor here, but a little over a year ago, I remember gas went to negative, and what happened at the gas pumps? It didn't go as cheap as it supposed to be. It's all greed in the gas companies and politicians who have money invested in those companies. I think USA and Europe should never get into the war, but are they going to watch Ukraine suffer? and what's next? other European countries who is not part of NATO can also be next targets. Why are Europe and USA meddling with Ukraine's NATO requests? They should give a firm answer of NO NATO membership.

@winuxtech9719 2 жыл бұрын

you lived 30 years without mc donald and starbacks😀😀😀😀😀

@razerone49 2 жыл бұрын

Trevor’s foreign accents are incredibly accurate. Too bad he can’t teach Hollywood actors so they don’t ruin an entire movie with how bad they are.

@dimandimanich7943 2 жыл бұрын

Ага, забавный акцент :)

@moremiaj4786 2 жыл бұрын

I think the consequence of that is already known. For instance the majority of blockbuster hollywood movies have European or Australian actors in the leading roles. Superman, Batman, Spiderman etc. Even American roles are being played by Europeans or Australians, until it comes to a drug oriented movie.

@dimandimanich7943 2 жыл бұрын

@@moremiaj4786 Ну, Вам виднее. Я не настолько хорошо знаю английский язык, чтобы различать разные акценты. Просто в данном случае было забавно и смешно (подозреваю, что он пародировал русский акцент, наверное) :)

@jamesestelle7260 2 жыл бұрын

I think that accent is racist and appalling. He did it mocking Russian people. Not during a comedy show. Imagine a white man using an accent from China, or an African nation. Not so funny.

@SuckMySweatyAssHoleYouTube 2 жыл бұрын

Blame BP, Chevron, and Exxon for the price of your gas. not politicians. not even the stock market

@trilldan8327 2 жыл бұрын

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

@lornawheelaghan4923 2 жыл бұрын

so 5.28$ a gallon = 1.26€ a litre Here in Spain we're paying 1.86€ a litre.........some places 2€ a litre -some real gouging going on!

@rferg5844 2 жыл бұрын

This is your birthday. This is your birthday. 🤣🤣🤣🤣🤣🤣

@The20ali20 2 жыл бұрын

There should be a bill against big companies price gouging necessities. If during COVID gas could go down by half that is clear sign the margin profit is super high. The fact that gas price between two stations literally on different sides of the same intersection is almost a dollar shows the greed of one over the other. Specially since Russia was not the main provider of gas to US.

@Uahmedtahaalnady 2 жыл бұрын

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 👨‍👩‍👦‍👦⚒👷‍♂️👨‍🏭👨‍⚕️👨‍🔬👨‍🏫

@JaRule6 2 жыл бұрын

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

@lotta7942 2 жыл бұрын

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.

@nanszoo3092 2 жыл бұрын

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?

@jonadam9740 2 жыл бұрын

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.

@Jumpkick42 2 жыл бұрын

It's adorable how the US thinks gas is expensive. Here in Sweden we've had to pay double the price in US for several years now. Currently it's equivalent to 9.4 usd/gallon...

@lady8jane 2 жыл бұрын

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

@Dropla 2 жыл бұрын

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.

@TragoudistrosMPH 2 жыл бұрын

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 😕

@Jumpkick42 2 жыл бұрын

@@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.

@weemouse101 2 жыл бұрын

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

@broGabiza 2 жыл бұрын

Trevor, you always make me laugh brother😂

@viviennea.293 2 жыл бұрын

What about all the oil companies that are gouging their customers. The price skyrocketed. Exactly. The change is for the new gas. The oil companies need to be held responsible.

@indigowolf556 2 жыл бұрын

This is crazy. We're just almost ending the pandemic and then boom this starts. Back in the seventies people might remember, when gas was hard to get period and you had to wait in line for hours literally hours to fill up your car and you had to go either on an even day or an odd day. Those were not fun days either but somehow we got through it.

@doctordoubledakka3939 2 жыл бұрын

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

@jonadam9740 2 жыл бұрын

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.

@Ritapita73 2 жыл бұрын

Had an appointment yesterday morning. On the way, gas was right at $5/gallon, give or take a quarter. By the time I left the office, stations had already increased prices from $.50 to $1 per gallon. They are choosing to price gouge.

@batmanforpresident9655 2 жыл бұрын

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

@Ritapita73 2 жыл бұрын

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

@RabblesTheBinx 2 жыл бұрын

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

@batmanforpresident9655 2 жыл бұрын

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

@RabblesTheBinx 2 жыл бұрын

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

@rachelraye285 2 жыл бұрын

Great point about the oil companies

@gerirl4978 2 жыл бұрын

You forgot about the Beverly Hills billies lol🤣

@lekiscool 2 жыл бұрын

My dad the other day was also arguing about “why can’t we have $4.00 price of gas.”

@oldmanfromoc7684 2 жыл бұрын

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

@noble604 2 жыл бұрын

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?

@number19real 2 жыл бұрын

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

@lucycan6363 2 жыл бұрын

@@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

@lucycan6363 2 жыл бұрын

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

@ashanni4931 2 жыл бұрын

The u.s. only gets like 8% of gas from Russia. That doesn't make sense for the average to go up everywhere when there are whole states that get it from places like Canada. Why doesn't the government just put a cap on gas money?

@sergiogamarra7793 2 жыл бұрын

cause thats what a socialist country does XD

@jonadam9740 2 жыл бұрын

@AJ.Hashem 2 жыл бұрын

Iraq-OPEC member-is producing nearly 5M barrels a day and yet we’re paying 4$ per gallon of gas!

@fallonetambwe7732 2 жыл бұрын

Hilarious!!! Count on Trevor to make light of any situation 😂😂😂

@regenerativelife991 2 жыл бұрын

In Europe 30 Euros a full would be a dream.. we are paying 50-80 for some years.

@Carewolf 2 жыл бұрын

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

@KellicTiger 2 жыл бұрын

This is part of the reason why green tech is so important for energy independence. Outside of Mr Burns blocking out the Sun, no one has a monopoly on solar, nuclear, or wind.

@jonadam9740 2 жыл бұрын

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.