The Real Reason for Record Gas Prices

Putin! Price gouging! Excess profit!
Politicians blame the wrong things for record gas prices.
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Politicians say higher prices are caused by “corporate greed.”
Nonsense.
Greed is a constant. Companies are always greedy. They were just as greedy when prices dropped.
“If big oil could raise prices anytime they wanted … then why were they so cheap in 2020?” asks Ben Lieberman of the Competitive Enterprise Institute.
He points out that the record price “all comes down to cutting back on supplies.”
Exactly. Prices change because of supply and demand. Politicians, pushed by environmental activists, have restricted oil production.

[@palaceofwisdom9448]

One of the few things government excels at is creating a problem, then purporting to fix it so the politicians can take a victory lap.

[@johnaustiniv8868]

As well as line their own pockets with the solution

[@smokedbrisket3033]

there's a name for that. it's called Hegelian Dialecticism, named for the German philosopher Georg Hegel.

[@jbkibs]

PRS

[@shadowsa2b]

Without actually fixing the problem they went out of their way to create

[@DanteEsmont]

They break your leg and hand you a crutch and tell you to be greatful

[@thatnerdguy5541]

If high gas prices are due to corporate greed, that means that the companies were less greedy under Trump for some reason. Even with this excuse, it still makes Biden look bad.

[@lisacerulli9290]

Except for many months in 2020 people were not driving. I loved getting to work in 7 minutes because there was no traffic on very busy I-95. I'm not saying that's why gas prices are HIGH now, but that's why they were lower in 2020 than they had been in years.

[@bigguy7353]

@@lisacerulli9290 And the year before that, when gas prices were also great? Trump.

[@anotherJamesW]

We're down here in Texas squeezing bricks to get oil out of them. (Analogy of shale) We need to open ANWR, we have an empty transalaskan pipeline, when else are we going to develop this world class resource?

[@jacobawojtowicz]

@@lisacerulli9290 and who was president when no one was allowed to go to work? Trump. Boom. Proof Trump lowered gas prices by putting the country out of work 🤣

[@iGoldenWax]

@@lisacerulli9290 vehicular gasoline expires pretty quick, so it wouldn’t be a supply and demand issue.

[@ill_steal_your_pbj7363]

It’s ridiculous that our oil production is slowed so we can act morally superior, but the country still increases the use of oil. It literally is just costing us more to put up a front.

[@Usammityduzntafraidofanythin]

Better yet, no other country respects those morals except for ones that were already allies

[@mayanksharma3651]

Liberals doing stupid things that waste money? Why i never heard of such a thing before

[@dukesworldoftanks]

It's simple: the quickest way to impoverish the largest portion of a nation's population is to restrict the supply of energy. The exact same concept happened during the administration under President Carter, as gasoline prices doubled from $.399 per gallon to $.799 per gallon in 1978.

[@yazx2434]

do you not know history, like at all? I wasn't even alive yet and I know that Iran has repeatedly been under embargoes by the US for terrorist acts, supporting terrorists, and attempting to build nuclear weapons. Many presidents, including Carter, placed heavy sanctions on them. in 1976 President Carter imposed sanctions against Iran because of radical students who seized teh US Embassy and took American hostages. we froze over 8Billion in Iranian assets and imposed a trade embargo. Those sanctions were lifted in 1981 after negotiations and the release of the hostages. But then Reagen did it in 1984 and again in 1987. Clinton in 1995. Bush in 2004. Obama in 2010.

[@Perririri]

Carter also gave the Panama Canal back to Panamá, and basically handed Iran over to the Ayatollah Khomeini!

[@davidbach7003]

Maybe it was a cartel called OPEC

[@srmatte1]

I'm completely baffled every time I hear Biden has a 37% approval rating. How could it possibly be in double digits?

[@PenTheMighty]

That's the margin for how much cheating they can get away with. It's why people are still "split" on Congress, it's a big lie. If Biden keeps fucking up though, the Dems may lose so hard no amount cheating will save them.

[@thatman4752]

It's not. Just like the election results, Twitter and even KZbin subscriptions are all falsified.

[@northdakotaham1752]

Should be in the teens. Biden sucks!

[@Sixstringman]

I know right? His only base is the media presstitutes.

[@bhough410]

Pollsters are cherry picked. Any time a poll is cited as evidence it should be immediately dismissed.

[@trailblazer632]

"No more drilling on federal lands period".... huh that's funny I don't recall the constitutionality of the federal government "owning land" outside of military forts and DC. So why do you have federal lands exactly?

[@cjm7685]

Exactly. But be sure to pay your property taxes for the land that you "rent" I mean own.

[@richavic4520]

Aren't federal lands our lands?

[@RivenbarkAndrew]

National Parks are technically federal lands... I'm ok with that. But if they just own the land for no reason, then yes we should be able to drill on it.

[@stanleysmith7551]

Pretty communist if you ask me.

[@trailblazer632]

@@richavic4520 you would think so. Until you try to use it without a permit for... well anything lol

[@jimydoolittle3129]

The easiest way is to blame - Putin- for their mistakes 🤮

[@matthewsebring9977]

How come no one wants to talk about housing costs? When you can't even get an apartment for less than a 1500 a month for a two bedroom. This is ridiculous. And it's turned cities into camp sites.

[@joshwheeler9700]

Something to note is lobbying. To give a strong example, Warren Buffet lobbied heavily against the Keystone Pipeline due to his large shares in the freight rail company BNSF which operates mostly mid to west coast United States. The Keystone Pipeline was meant to bring oil from Canada to Texas which would be in direct competition to one of BNSF's routes.

[@factsoveremotions6035]

It’s sad how no one cares. I’ve said the same thing. Congratulations on not being asleep, my brother. Very few know that fact.

[@BabyCharlotteschannel]

yeah, the entire system is so horribly corrupt at this point. full of people who have no integrity or concern for The American People or their own Country, just their own selfish interests..

[@Zach-ju5vi]

The keystone pipeline doesn't even run full capacity because they can refine it fast enough, the expansion would have opened up a new refinery which would have had the pipeline running at full capacity.

[@pollypurree1834]

@Paul Smith Yet Elon Musk is giving the Democrats the finger and just said he is voting GOP

[@pollypurree1834]

@@Zach-ju5vi It would have benefitted both Canada and the USA

[@JeremiahLOsborne]

If that oil executive would have let that congressman have it by telling him "no, we are not going to decrease production, because when you decrease production, prices increase. Do you really want your constituents to pay higher gas prices?" The citizen is afraid of the senator. It should be the other way around.

[@randyunderwood2894]

the exec is afraid of neg publicity from media not the senator. our businesses are now run by fear rather than market principals. sad

[@ichigokurosaki7762]

Unfortunately he would have been completely cutoff/yelled over as soon as he said no.

[@TheBallsKicker]

No one should ever be afraid of some California pajeet.

[@tedkaczynskiamericanhero3916]

I would have disconnected the call. I'm not going to entertain a child trying to yell at me like that

[@mikeb5372]

That's been how businesses have responded for a hundred years. They cave in to government and activists all the time

[@speedracer2336]

Shutting down pipelines and cancelling oil leases will definitely lead to very high gas prices. One doesn't have to to be a genius to figure this out. Higher prices started the day joey took office.

[@peoplehavetherights]

Four bucks a gallon? Laughable. Try well over six, on the way to seven and more. FJB.

[@DANLAROCA913]

482 days of build back better means: No baby formula, Record high inflation, Gas prices through the roof, Printing money we don’t have, The border out of control, and Crime in cities that are no longer safe.

[@fyrhtu81]

Printing money we don't have AND SHIPPING IT TO UKRAINE FOR LAUNDERING*

[@DK-wp2rk]

The death of us being taken seriously abroad as well via Afghan death spiral

[@badplus0176]

Mission accomplished

[@badplus0176]

Also don’t forget stock market bubble

[@markyuto6820]

Russia-Ukraine war

[@Green__one]

What was missed in this whole discussion, was the fact that leaving the oil in the ground in one country just causes it to be taken out of the ground in another country. Which is better having it taken out of the ground in a country with high ethical and environmental standards, or in a country with none of either? Because that's the real choice. Not drilling here means giving our money to tyrants and dictators and those people have no problem completely destroying the environment to get it. Western countries should be generating as much oil as they possibly can so that more of the oil in the world comes from responsible sources.

[@kottmeier]

Well said!

[@chrisruthford4492]

On top of that, shipping oil in tankers is very bad for the environment. How do these idiots not understand this?

[@jason200912]

??? what do you mean? oil deposits remain within that state for the most part, you can't just suck up the same reservoir from a different country unless you have a very small nation.

[@Green__one]

@@jason200912 I think you missed the fact that pipelines, tanker ships, trains, trucks all exist. If we don't develop our oil reserves, russia, and the middle east will happily continue to exploit theirs. Theirs are far more polluting, and go directly to fund human rights abuses, wars, and terrorist Acts. But the oil will be developed one way or another, and it will be consumed. Stopping the development does not change that any at all.

[@stevebabiak6997]

@@jason200912 - the USA consumes some number of barrels of oil every day. If the politicians say that oil isn’t coming out of the ground that is in the USA, then that oil comes out of the ground in some other country, and gets shipped to the USA. The oil under the ground in the USA remains there, but the supply for the oil is now foreign.

[@timhoward7852]

John thank you for being a voice of reason in the media. I mostly agree with your view on issues, and have on more than one occasion changed my mind on something after hearing your well presented take on things.

[@railerswim]

Me now: I hate filling up for $5/gal, remember when we filled up for under $2/gal? Me in Q4: Man remember when we were paying $5/gal instead of $10?

[@24juan68]

Hey John, as an over the road trucker, I fueled my truck in Pennsylvania yesterday and the diesel fuel was at $6.499 a gallon. I have been trucking for 31 years and i have never seen it this bad. I heard from some other truckers that it was $10 a gallon in parts of Tennessee. Yeah, it Trumps and Putin’s fault haha 😛

[@nomadkeller8612]

EXACTLY.....High Gas prices aren't going to kill us......But $10 per gallon Diesel will!.....food and shipping costs will SKY ROCKET!

[@kenrichter4553]

Peculiar how there are no lines at the gas station and no shortage of fuel..no rationing just ridiculous price

[@danielaverbuck9901]

"If gas is $10 a gallon, it's going in a molotov cocktail"- A KZbin comment that I really liked.

[@droptozro]

Exactly why we are creating more local food sustainability. This diesel price hike alone could cause a depression.

[@carmiethompson2676]

Like your channel. If the false God's of DC want US to pay more for fuel there must be some...semi-divine reason for it. Like they're A$$holes; that's as 'divine' as they're going to get. The fuel surcharges you Truckers have to charge are certainly kickin' my A$$. Thanks Joey, the 'Fools Fool'.

[@iliebelieveme502]

I find it funny that one of the reasons to stop drilling is " to stop selling out of federal lands for drilling" but how much land are you willing to give up for a solar farm or a wind farm or buildings need for the batteries

[@mossyoakmom8880]

It’s all an excuse. They have bigger plans.

[@northdakotaham1752]

Solar panels take up a massive amount of acreage. Create a huge eyesore on the landscape.

[@nomadkeller8612]

Brandon is shipping 40% of our Diesel Fuel to support the Fascist regime in the Ukraine fighting the communist Russia. Us picking sides is going to COLLAPSE the US Dollar!

[@genepope7498]

ooooo... snap !!

[@genepope7498]

Wait until they figure out just how much the ENTIRE electric grid will have to grow with car charger(s) in every garage being used overnight. WOOF

[@scientism2968]

You excelled in this one Mr. Stossel, in presenting both sides of the argument so well.

[@ElmoUnk1953]

Thanks John!

[@KHLthe2nd]

Stossel hardly ever disappoints and he's SPOT ON CORRECT AGAIN!!! Thank you, John!

[@thanksfernuthin]

The only problem is they're too short!

[@jimruby9657]

@@thanksfernuthin And his videos are being ignored by most of the people who could learn something from them. Spread the word!

[@LibertarianRF]

Partially..he's also super pro synthetic covid and a diet coke statist. He's afraid of getting canceled is my guess so he filters..Still he's heroic, in that I agree 👍

[@mymusicmen13]

Seems like we've all already forgotten about the gmo video

[@LibertarianRF]

@@mymusicmen13 what was forgotten?

[@floridaman5654]

John you were a staple in my home as a kid and now a source of real news as I'm an adult in my 40s. Thank you good sir thank you.

[@lenagraham2093]

Same here!

[@psychochicken9535]

Same.

[@jackmichaud7387]

same.

[@CORED5150]

Same here.

[@3joewj]

80s kids remember John Stossel..he's awesome

[@fl0wmastr]

Great journalism!!

[@karlschihl6655]

thanks John

[@johnpatrick1588]

When Trump was in office the US was oil independent and a net exporter and lower prices. When Biden in the office all hell breaks loose with record-high prices, begging enemies for oil, etc, thanks to his actions and policies. Not an accident. He said he wanted this before getting elected.

[@lenagraham2093]

And I personally know people who elected him specifically for him to cause all this. So many are brainwashed to push the no-fuel agenda.

[@briant7265]

The irony being, importing oil pollutes more than producing and refining at home.

[@ThePoliticalOrangeAngler]

@@briant7265 It keeps prices down, period.

[@amazingronaldo9656]

We were not independent though even though we were a net producer (not exporter). We exported nearly 50% of the oil we produced domestically that year and imported that same amount of oil from various other countries. Producing all the oil here did help to drive prices down, so I am all for being a net producer again, but it will never happen with a Progressive Puppet in the White House.

[@quadzmotooffroad2904]

Nothing to see here.... Now how about those white supremacists?

[@retrofraction]

The problem with environmentalist is that they think oil production has nothing to do with the cost of food doubling… They live sheltered lives and don’t understand the pain they are causing.

[@TheGuruStud]

None of them have jobs, so, yep.

[@steveharvey6421]

They want U to B a vegan and live on brown rice and beans 2.

[@gvjester]

John, I realize that you cannot fix stupid but thank you for exposing it! ......with good old fashion COMMON SENSE!! (they really hate that stuff) 😏😏

[@jammystarfish]

It's not stupidity when its done on purpose, John

[@bubasmollett8610]

The same people who want to ban oil wanted to force me to wear an oil based mask that will take 400 years to decompose.

[@bhough410]

Think most of them opted for cloth, which according to many studies does almost nothing.

[@EL300B]

@@bhough410 The whole mask thing was a feel good virtue signaling exercise.

[@ravemachin]

@@EL300B yeah tell that to the doctors that will do a surgery on your ass

[@NewPaulActs17]

@@EL300B then why do doctors and nurses wear facemasks?

[@EL300B]

@@NewPaulActs17 Good question,see my first responce.

[@ChristopherRyans]

John Stossel America's number one news reporter!

[@Ty91681]

One of the very few mainstream journalists that actually engage in real journalism. Refreshing and sad at the same time.

[@toddh4078]

I love John Stossel and his reporting, but you have to admit that the bar is not set very high

[@Arbiter099]

Stossel is great but I would give that title to James O'Keefe.

[@carlroberts7830]

WHAT ? NOT JIM ACOSTA

[@stevebuss69]

John forgot to mention that gas prices have gone up worldwide ... How could Biden's policies do that ? .. It couldn't . Btw ... Hong Kong - $10.72 Norway - $10.19 Denmark - $9.09 Liechtenstein - $8.95 Sweden - $8.69 Netherlands - $8.65 Finland - $8.46 Israel - $8.36 Singapore - $8.30 Germany - $8.26

[@ricktrencher1761]

John: Your podcasts are short, to the point, well written, well produced and on important topics. Kudos to you.

[@jamesdaniel1376]

The Department of Energy has done nothing over the course of 50 years to produce an energy strategy that makes us more secure economically, militarily or politically. It's time to declare it a failed, expensive waste and close it down.

[@FlyboyGWN]

Real estate is the same thing: stop "greedy developers" from building and then blame them for low supply and high prices ...

[@sebastiantrias1529]

Democrats-”If you don’t like high gas prices by an electric vehicle” Also Democrats-Cancel Elon Musk.

[@billysmith6284]

Our electric grid won’t handle a fraction of the electric cars needed.. they want us all to die..

[@Andyisgodcky]

Electric vehicles are far too expensive. Most can't afford a brand new car, much less one that has such limited travel range. Being forced into an electric vehicle would make a 5.5 hour drive to my wife's family take days to even arrive due to frequent recharging stops. Not to mention we can't afford another $60k vehicle's payments, NOR can we afford to replace a $20k battery every 5 years.

[@Kodeb8]

I love how Elon Musk is in this position where he is a hero saving the environment but also a dangerous extremist. They really backed themselves into a corner there.

[@aaa7189]

@@Andyisgodcky I was listening to car person - Lauren Fix; she stated If you can't afford an electric vehicle, they want the people to move in towards the cities to have more control over you.

[@LadyCucco]

The electricity that is generated for these vehicles still sources back to fossil fuels...

[@billtyack2564]

Mr John Stossel as an American I would like to thank you for all that you bring attention too. You are a true hero who doesn't back down to pretty much anything I hope your home country of Canada appreciates you as much as I do. You are a true hero for the people. I love you as much if you were my family and wish the very best for you n yours Thank you sir

[@billtyack2564]

Please do sir please do

[@jamesbell1707]

$10/ gallon in Canada. 50% of it is taxes

[@jackson5116]

I've become a Libertarian thanks to John Stossel, and he's continually right, pointing out the things MSM (on both side, FOX and CNN) won't say, because it makes their side look bad. What I kind of wish he'd point out too is the hypocricy of those preaching against drilling and oil production most likely drove their cars to the demonstrations. Even if they used public transit, that's still a carbon footprint they're leaving. I didn't see too many wearing bicycle clothes at 2:02.

[@williamkoppos7039]

They all had Teslas.

[@joshuadavenport9681]

I think the U.S. would need a massive overhaul of the way most of it's cities are designed, along with a way more extensive public transportation system before you could use that argument fairly. That's not to say any of our current government bodies could get that done without any corruption going into the mix.

[@themonsterunderyourbed9408]

Bicycle clothes are big ghey. I laugh at people who think they're in tour de France.

[@SaltyBallzz]

Everything happening right now is Biden’s doing. Fuk him and his handlers ! He tanked this country on purpose !

[@DugrozReports]

Sure would be fun to just go around with a microphone at one of these rallies and ask, "how'd you get here today?" and watch them squirm.

[@ChristopherRyans]

John Stossel has become one of my main sources for current events and important news. Has become a legend

[@damiangrouse4564]

He’s been a legend way before now…always facts & balanced news.

[@DK-wp2rk]

He tells it straight warts and all.

[@johns7734]

He asks both sides the hard questions. Unlike almost every other "journalist" he doesn't give his friends softballs. That's what integrity looks like.

[@BADD1ONE]

He is wrong on GMOS

[@johns7734]

@@BADD1ONE Right or wrong, he presented both sides fairly. You get to make up your own mind. I don't agree with the opinions of half the people he interviews.

[@kenham6742]

Yep.

[@rickcaldwell2862]

America First!!!

[@donm5354]

Wholesale Gasoline prices have passed $4/gallon - then add in transport, distributor costs, soaring diesel prices for delivery to gas station and TAXES. Even worse there hasnt been a new refinery (100,000 barrels/day) built in the US since 1977 (one small one in Wyoming in 2007) and should 1 or 2 go offline due to accidents, hurricanes, etc and prices could hit $8/gallon+ ... Not to mention Natural gas (used for much Electricity and Heating) going thru the roof. Sanctions on Russia are backfiring making energy more expensive - including electricity - so even if you have a Tesla or other EVs - cost of charging will SOAR. And energy powers the economy - sending prices for EVERYTHING skyrocketing. Food shortages have already begun - good luck getting Ukraine wheat to market. Oh and fertilizer (much made with natural gas) is also skyrocketing... INDIA has suspended grain exports... whose next? Argentina? Canada? US? DEMENTIA JOE BIDEN will make JIMMY CARTER look way better - for those old enough to remember those dark days - I was only a kid then but I remember!

[@palaceofwisdom9448]

It's all deliberate. They want to permanently impoverish the masses to maximize government dependency and thus their own power.

[@getchasome6230]

Russias economy is booming due to their new energy deal with china. Bidentards forget that we had to negotiate for what we were getting.

[@scottp2462]

LOL I was a 16 year old during the Carter administration. Mom and dad sent me out to wait in the gas lines for hours. No internet or smart phones to pass the time, only an AM radio.

[@federicocaputo9966]

IS THAT A MOTHERFUCKING ARGENTINA REFERENCE??????

[@briant7265]

Carter was a poor president saddled with many difficulties. He was, however, at least a decent, intelligent man who tried. Biden is just a lying, useless shitbox.

[@memazov6601]

We really should blame the politicians and there stupid spending policies and also inflation is fucking with us

[@TonicofSonic]

Joe Biden did this.

[@fuckcensorship69]

CARES ACT is a big part of inflation.

[@reasonablespeculation3893]

Remember what "inflation" actually is.... and that it can be caused ONLY by Govmnt. It's printing (or with todays technology, mouse-clicking) Money into existence. An inflated dollar supply devalues each dollars that existed prior. In any case, over regulation of Markets, will lead to shortages of everything.

[@northdakotaham1752]

@@TonicofSonic FJB!

[@nomadkeller8612]

Brandon is shipping 40% of our Diesel Fuel to support the Fascist regime in the Ukraine fighting the communist Russia. Us picking sides is going to COLLAPSE the US Dollar!

[@317Chris]

Wow. Who could have known? WHO?!

[@jaybauer5619]

Everyone needs to watch this video!!!

[@j.benjamin3782]

Thank you for flat out calling the jokers in charge "stupid'. It's long past time they were ridiculed appropriately.

[@MrDlt123]

This administration hasnt done one thing right yet. The best thing they could do is resign.

[@my3dviews]

Which would make Pelosi the President. LOL

[@MrDlt123]

@@my3dviews Yeah, were F'd if either Vice President Gigglepuss or Nancy takes over.

[@my3dviews]

Yup. Best to wait for next election to replace Biden. The alternatives before that are worse than if he remains.

[@willierants5880]

No comment. Stossel nailed it.

[@bearcat78b12]

Well John, You are the first Channel that KZbin UNSUBSCRIBED me from! I would have never thought this would be the channel they unsubed me from! You must be doing something RIGHT! KEEP IT UP SIR!!

[@charleneblack2792]

What kills me most is that those people actually think they know what they're talking about, while simultaneously knowing the extent of their knowledge doesn't exceed a need article or talking with friends. They have zero desire to learn facts.

[@nomadkeller8612]

Bid is shipping 40% of our Diesel Fuel to support the Fascist regime in the Ukraine fighting the communist Russia. Us picking sides is going to COLLAPSE the US Dollar!

[@skylanh4319]

When you live in the swamp and are a multi millionaire it is hard to imagine the effect of inflation and increased gas prices. Like the so called comedian said. “I don’t care, I drive a Tesla”.

[@stevebuss69]

Yes Charlene people should do more research. John forgot to mention that gas prices have gone up worldwide ... How could Biden's policies do that ? .. It couldn't . Btw ... Hong Kong - $10.72 Norway - $10.19 Denmark - $9.09 Liechtenstein - $8.95 Sweden - $8.69 Netherlands - $8.65 Finland - $8.46 Israel - $8.36 Singapore - $8.30 Germany - $8.26

[@Radiowild]

Yesterday, I filled my Toyota from a 1/4 tank, and it cost $58.00. A personal record. In 1982, I went to my local drag strip and filled my race car with 106 octane fuel from empty, and cost $ 42.00. ($3.00/gallon). Our leadership must go!

[@ravemachin]

Over here in Canada in 2008 the price for refining 1 Litre of petrol was 9 cents It is now 48 cents Big Oil is screwing us....it aint the politicians

[@jonsingle1614]

Under Trump : oil independent Under Brandon : oil dependent Any questions ?

[@MichiganUSASingaporeSEAsia]

To be frank, pulling oil of off federal land does leave a huge impact because you get serious sink holes when drained. Some of these oil deposits are like underground lakes. Once the oil is removed, nothing to hold the rock on top from caving in

[@pokepal937]

Random sink holes are definitely a bigger problem than being able to afford to drive to work and buy food. Are you serious?

[@averagejoe9249]

Electric vehicles still pull lots of resources from the ground. It's just as polluting as a regular gasoline car

[@cp1cupcake]

The desire for electric cars is mostly only done by people who don't realize where electricity comes from. The biggest difference in energy between a gas and electric car is what is being burned.

[@BADD1ONE]

The carbon footprint is worse on electric car production

[@dr.floridaman4805]

electric vehicles are worse child slave miners in africa supply cobalt

[@Herr_Flick_of_ze_Gestapo]

An old diesel car from the 50s is far less polluting than an electric car

[@fuckcensorship69]

@@cp1cupcake i think it's only bc politicians have a stake in electric cars

[@tommy5499]

Amazing, Stopping something, Before a a replacement has been put into place doesn't solve any thing.

[@dondappa]

John stossel, still one of the only real journalists left in this world

[@lawrencegarcia6819]

Gas went up .59 cents overnight last week just to come down one penny I didn’t know whether to laugh or cry!!!

[@cjm7685]

Government government government always. If they would disappear all our lives would improve.

[@ryanm7263]

Bitcoin makes the government 90% obsolete. Its mass adoption will force the size and scope of government to decrease.

[@cjm7685]

@@ryanm7263 I don't trust bit coin and don't see it as this all saving currency to many problems with it as well. Land gold and silver seem to be the best to me.

[@dr.floridaman4805]

​@@cjm7685 gold and silver huh? not a trade, experience, food, but metals we must store? you will die of starvation and someone with better experience will use your metals

[@louisbaldinosr.8350]

@@cjm7685 your right look at the Rothschilds, and other banking famikies they have hard currency it never cannot be used has a value like none other.

[@SJM6791]

It’s refreshing watching a legitimate journalist work. Thank you John.

[@juanitaserafini550]

I tried to share this to FB. It said i was not approved to do so. The government police at work.

[@ryancummings5295]

As always, providing viewpoints not seen elsewhere!

[@hephaestus6365]

That Democrat exemplifies his party well: grandstanding without any basis in fact and then lying because the facts don't support his narrative. And then simply hiding because Stossel is after him lol.

[@ninjagold9244]

Ro Khanna is a clown. He was also trying to argue that student debt should be cancelled because it "disproportionately impacts women".

[@bolo2393]

Well he is a POLITICIAN, what do you expect?

[@socalpal8416]

Once again, you've hit the nail on it's head John. Great reporting. You should be mandatory watching in our public school classrooms.

[@stevebuss69]

John forgot to mention that gas prices have gone up worldwide ... How could Biden's policies do that ? .. It couldn't . Btw ... Hong Kong - $10.72 Norway - $10.19 Denmark - $9.09 Liechtenstein - $8.95 Sweden - $8.69 Netherlands - $8.65 Finland - $8.46 Israel - $8.36 Singapore - $8.30 Germany - $8.26

[@socalpal8416]

@@stevebuss69 Did you even watch the video? You need to watch John's video again.

[@fromalongtimeago]

Over $6 here in Kalifornia for basic unleaded. Diesel is $6.59

[@Kaileighblue]

I don't understand how they think they can push some alternative to oil when they haven't offered that yet. Do that first, make if affordable and people will change.

[@cuisinwithkev2699]

Their voters will always believe anyone on the right is an evil, Earth-hating, bigot so they don't need to present any solutions other than to remind voters not to vote for the "enemy."

[@Jeremy-iv9bc]

Come on John we all know it's Putins fault 😅 Can't afford to feed your baby? -Putin did it Can't afford gas?- Putin did it 401k tanking? -Putin did it Record inflation? -Putin

[@apersonontheinternet8006]

My idiot mother came over the other day and said in passing that whoever was president would have to deal with this and it happens. I laughed at her, she freaking lost it when the market lost 300 points when it was at a record high because she is stupid and doesn’t realize that normal people buy low and sell high. We need a civics and cognitive test before allowing people to vote. It’s the only way.

[@ThinWhiteAxe]

I was walking to my car yesterday and right in the parking lot Putin hit me over the head, stole my wallet, and left me there to rot!

[@carmiethompson2676]

OMGosh Bidens Presidency is a success!! How could we have been so blind & selfish? 😉 Joe in '24! Well his impeachment will probably come in '23. Hopefully he'll be staring through gray bars in '24.

[@jmanswat2457]

All bad administrations need a war for a distraction and scapegoat. Every admin has had one except Trump😂.

[@CORED5150]

That’s what the Democrat pity party poverty plantation do, lie and blame everyone else!!!!

[@deadlysinner1701]

“We asked Khanna for an interview, he declined” Story of your life eh John? 😆

[@MagnifiedGiant]

Ro Khanna is the worst.

[@soundpreacher]

If journalists were honest, this would be front page news.

[@lynnharrell9598]

Thank you, John, for being a true journalist.

[@artvandelay837]

lets go brandon! come on man!!

[@s0nnyburnett]

Record gas prices, along with the double digit % increases with everything else. All thanks to our wonderful and wise leaders.

[@jimwonderboy3390]

The federal government owns 66.48 percent of Utah's total land, 35,033,603 acres out of 52,696,960 total acres. 80.1% of land in Nevada. There is something horribly wrong with that.

[@imfcalif4nia543]

Consider yourself lucky! We pay $6.00 in Los Angeles CA

[@john172867]

"I have no mercy or compassion in me for a society that will crush people, and then penalize them for not being able to stand up under the weight.” Malcom X

[@ChristopherRyans]

For many of us John Stossel has become a legend and hero

[@alpharenz1329]

I love how people are so short-sighted and don't see every policy could have bad consequences. Example Lyndon B. Johnson 1965 higher education act. Told congress college was no longer a luxury but a necessity. What they did was made college loans zero risk to lenders. Gave every student the ability to pay for college... On paper, it looks great, it was supposed to get more people in college and the opportunity to make higher incomes. The result was college raised its prices by almost 300% above inflation! Made degrees that are worth less than paper printed on. Now have a student debt crisis that 70% can never pay back ever. Yet most people only see the problem now and don't see what was the root cause. The USA government has a spending problem.

[@alpharenz1329]

Now they going to give a $12,500 tax rebate for GM and Ford EVs cars. On paper, they are selling to voters that they are committed to saving the planet and giving back to people who adopt getting EVs. The result will be Tesla will get hammered. We successful have to many EV cars resulting gas station and oil companies to go under. Millions of people will be out of jobs. The electrical grid will not be able to handle the loads forcing people to spend a lot more on solar having the same problem with student loan crisis.

[@ledzeppelin1212]

The problem is that we often don't see the effect of policies for decades, like the 1965 Higher Education Act, which didn't cause too much of a problem until the Obama era. Then, people blame greedy universities instead of the greedy government, which is the real problem!

[@alpharenz1329]

@@ledzeppelin1212 true, but university and colleges also increased their prices, build buildings with their construction buddies, etc... They also become very powerful in the political world.

[@bw10097428]

Not to mention the fact that guaranteed loans means the creation of gender theory programs and woke education that now is seeping into every facet of society.

[@smokedbrisket3033]

It gets even better. Up until 2005, student debt was dischargeable via bankruptcy. Thanks to legislation sponsored by then Senator "MBNA" Joe Biden, the Bankruptcy Reform Act, put student debt at the same level as debt to the IRS. Neither of those types of debts can be discharged via bankruptcy.

[@ErictheCleric1]

I wish more people knew this.

[@Beherenow121]

This is journalism

[@breearuffo9214]

This is so enlightening! And this why I love John so much!!! I don’t always agree 100 but I usually do, and his journalism is trustworthy!!!

[@jeremykraenzlein5975]

I remember debating fuel prices with some of the guys at the office during the 2008 price spike. My free market views put me in the uncomfortable position of defending oil companies when they were very unpopular. A few years later, some of the same guys were complaining about low energy prices. "I may be saving money at the gas station, but it's hammering my 401k so hard that on the whole I'm losing money". I then reminded them of the older debates, and concluded that after all that time when I was defending big oil to them, "I'm glad I got to see the day when you realized the truth: you ARE big oil!"

[@traviskey7109]

Yep

[@wildbikerbill6530]

That retirement has to come from somewhere and it isn't Unicorns and Rainbows.

[@bradarmstrong3952]

Please keep speaking the truth, John

[@fumanpoo4725]

Stossel...pro wrestler!

[@johnrussell4954]

The real question is will politicians commit to giving up their giant SUVs and private plans

[@AnnoyingMoose]

I wouldn't want any politician to give up their private plans. ;)

[@johnrussell4954]

@@AnnoyingMoose I'm sure their private plans are the most disturbing things to worry about

[@lowerclassbrats77]

The prices are high specifically to punish you for consuming a fuel that has fallen out of favor with a segment of government and elites. Government puts in place policy to coerce you into an electric vehicle as opposed to allowing the free market to dictate demand naturally. There may come a time when electric vehicles become affordable enough that a good segment of consumers naturally choose them over internal combustion but that time is not now.

[@timothykeith1367]

@@kfost4129 Most Americans buy used vehicles that already have a chunk of depreciation, but the EV market has a very weak 2nd hand availability. EVs depreciate like a rock after they are a few years old, but buyers aren't confident that older EVs have life remaining in the battery or a replacement battery will be reasonable priced. Another issue is Right to Repair on EVs by 3rd parties is sketchy. That means most of the market focus is on costly new EVs, which can cost more than the annual household income for average Americans.

[@NewPaulActs17]

or maybe because our civilization is addicted to a finite resource and that resource is rapidly being depleted, and will likely functionally gone well within this century.

[@kellymiller3136]

You can’t fix stupid, John. Keep up the great work and pushing reality and honesty.

[@skonstas4683]

In Canada we are now paying the same price for 1 litre. So one quarter of a gallon. It is insane.

[@MaskHysteria]

When there's six different "reasons", in less than a year, for prices going up you know all of them are a lie.

[@TheOnlyTinMS3]

Thank you for this. This has taught me a lot about the importance of those oil pipeline

[@lyndavaughn1187]

2019...gas price in NJ was $1.84 a gallon. NJ has high gas taxes.🤔

[@6.7_lftd72]

this was fantastic

[@MalleusSemperVictor]

Anyone advocating for electric cars has never seen open pit lithium mining or has reckoned with our near inability to do anything with the batteries once they're spent. It's just as environmentally unfriendly to send our depleted car batteries to West Africa to be piled into mountains and set on fire to dispose of them.

[@nerdicusdorkum2923]

Not like most of these eco-fools understand, or care. As long as the pollution is out of sight and mind, they don't care that they are ruining the planet on the other side of the world. Don't even get me started on how green energy is hardly green or energy!

[@goldenheartOh]

Not to mention "blood batteries" . A chunk of world cobalt production comes from child labor in hellish mines with zero safety & they just pay off the families to keep it quiet when a cave in kills some kids.

[@northdakotaham1752]

Electric cars are just an expensive fad....and once the Democrat Party goes the way of the dinosaur, so will electric cars. The negative impact on the environment for an EV is worse than that of an ICE vehicle.

[@nefariouspersephone9447]

they dont even think remotely that far. they just think "ooh electric car!" but dont even realize how the damn thing is made.

[@jamesengland7461]

EV car batteries are over 95% recyclable and are currently being recycled at a high rate.

[@motherofdoggos3209]

Energy execs should begin their testimonies with the names of each congressman and senator and exactly how many shares THEY own in said company. Then ask are you happy with your ROI?

[@thewestisthebest6608]

They clapped like seals when he said no more drilling on federal land. I wonder how many of them are clapping now

[@darinfonder1388]

Funny how they think begging for oil rather than burning our oil makes less emissions!😂

[@explorenaked]

It's also funny that they think driving oil in trucks over thousands of miles is better than having a pipeline pump it across thousands of miles. Bottom line is these nut jobs want us all to die so they can live in utopia bliss in Oregon.

[@honkiavelli8044]

"The Real Reason for Record Gas Prices is Political Activism"; there- I fixed the title for you. The next time you see a an activist doing their thing, ask them simply "what is oil and what is your expertise in the field"? Watch them squirm.

[@JoeGrunt9]

your talking to a generation that has no idea how electricity is made. they just think that you plug something in and it is created out of the ether.

[@honkiavelli8044]

@@wallysworkin823 good point LOL

[@nomadkeller8612]

Brandon is shipping 40% of our Diesel Fuel to support the Fascist regime in the Ukraine fighting the communist Russia. Us picking sides is going to COLLAPSE the US Dollar!

[@honkiavelli8044]

@@nomadkeller8612 the US dollar is collapsing already. If the US people do not secure the midterms and/or reverse the stolen election, the US will become a failed state in less than 2 years.

[@ravemachin]

Big Oil was charging us in Canada 9 cents to refine 1 litre of petrol in 2008 They now charge 48 cents...a 433% increase Its not politicians...its greedy Big Oil scumbags

[@Tony-Plinkett]

I'm glad a neutral party (John Stossel) has finally set the record straight, on the debate as to what's causing, the dramatic increase in fuel prices

[@nomadkeller8612]

Brandon is shipping 40% of our Diesel Fuel to support the Fascist regime in the Ukraine fighting the communist Russia. Us picking sides is going to COLLAPSE the US Dollar!

[@jason200912]

I don't think you understand what neutral means.

[@Tony-Plinkett]

@Paul Smith Ah, but not Democrat or Republican...

[@Tony-Plinkett]

@@jason200912 Apparently, neither do you

[@jason200912]

@@Tony-Plinkett so you're saying you're wrong and also saying I'm wrong because I called you out for being wrong?

[@miriamvivo4279]

Lets go brandon. Doing a swell job😎

[@ronaldswangler2538]

5 bucks here in Pennsylvania, 6.69 for diesel, just outside of Philadelphia.

[@ronschramm9163]

Fact: The caribou in Alaska love pipelines. They lay under them to stay cool in the summer, and lay under them in the winter because the heated pipes give off residual heat to keep the viscosity of the oil so it can flow. I have seen this when I lived in Alaska.

[@Isabella66Gracen]

Absolutely true. 💯

[@dakkonblackblade6537]

Love your work truly one of the best and most honest journalist I've ever seen. Even back when we had nothing but rabbit ear antenna on the turn dial TV. Thank you for always brining us the facts and truth and never selling out. We need more people like you in the news and I'm our lives.

[@heesanoice7637]

He said at SOTU that we were gonna need oil for at least the next decade.

[@RickNethery]

Hopefully we can fix it in the mid term election.