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.
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.
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?
@@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 🤣
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.
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.
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.
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..
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.
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.
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.
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.
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.
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.
"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?
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.
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 👍
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.
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 😛
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'.
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.
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.
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.
??? 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.
@@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.
@@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.
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
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!
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.
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.
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.
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.
@@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.
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.
@@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.
@@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
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
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.
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!
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.
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."
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.
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.
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
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.
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.
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.
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.
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!
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.
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.
I didn’t voted for trump , but gave him a chance when he became president, he did a great job , better then sleepy joe , I will never ever vote democrat again 😮
@@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.
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!
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.
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!
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”.
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
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.
"No more drilling on Federal land. Period. Period period period. We'll have foreign countries do it for us in a way that's more damaging to the environment." - Biden *clap*clap*clap*clop*amazing*clap*clap*clap*clop*inspiring*clap*clap*clap*clop*powerful*clap*clap*clap*clop*
Not gonna lie you do have Canada... and maybe Mexico. And Saudis, except last I've heard they don't want to cooperate anymore. And Venezuela, but those don't seem to wish to cooperate either, and their oil is hella heavy
This misses the main point of it all. US companies are not investing because OPEC will increase production to undercut US investment by making it unattractive and unprofitable. This has happened countless times. High gas prices have nothing to do with US politics. Gas was cheap because OPEC was responding to US investments in fracking and shale investments, now they look lucrative again but this time companies are not investing so as to not get trapped when gas prices fall.
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.
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!
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.
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.
"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.
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!
@@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.
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
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
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
I won’t hide it. This is the first time I’m in an uncontrollable fit of rage when Bidiot speaks and I see his gadaweful face. He’s saying he is purposefully destroying the petroleum industry and there isn’t a damn thing you or I could do about it. I sincerely hope this guy goes away permanently.
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.
Let's go, Brandon...all of his failures are deliberate, designed and purposely destructive....he's a scapegoat and we're suppose to believe this is all coincidental.
imagine living in so much fear of your fellow Americans that you think they are actively trying to destroy the country they live in, intentionally. smh there is no helping you guys anymore.
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!"
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.
@@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.
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.
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.
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.
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!
@@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.
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.
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.
Oh I don't know about that. He said before the election that he would run a 3rd time if he was in the background and there was someone else to take the heat.
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!
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.
It would be even better with increasing tree farming, the first 20 years of a fir's life is incredibly carbon absorbing, old growth forward don't do that, they don't produce near the oxygen from that absorbtion. There are more trees on earth now than 1910. Even with all we do China India and the rest of Asia still have us barely winning
Try over 100 years. I remember how my mother would talk about the intense pollution in the 1920s. Places like northern New Jersey had perpetual oil mist in the air. Rivers were full of chemicals that factories openly and freely dumped into them. Factories spewed chemical smoke into the air. Back around 1928, the Naugatuck River in Connecticut was so polluted that it caught on fire. No fish could live in it. If you went for a swim, your hair turned green. Even back in the 1970s, New Jersey and Los Angeles were noted for smog created by factories. Nixon, a Republican, cleaned it all up by creating the EPA. Today, there are fish and swans in the Naugatuck River.
@@pollypurree1834 you’re right, but all this is not about climate change, it’s about controlling the people, adding a carbon footprint tax! It’s about one crisis after another to keep America divided. To divert attention from what the government is doing!
The Constitution specifically states that the Federal Government shall only own and occupy the area of Washington DC and such land as necessary for "military" installations. All other land, not privately owned by the Citizens, Constitutionally belongs to and should be stewarded by the states. The United States Government has NO "Constitutional" authority to own and manage National Parks, Wildlife Refuges or Recreational Areas. As for Navigable Waterways, they come under Interstate Commerce in the Constitution and as such may be controlled by the Federal Government.
Nope. Interstate commerce clause is the most misapplied and twisted quote of the constitution. It's an insidious cancer that grows more malignant by the day
Its getting better for select groups of people. The poverty and lack of resources are tough for me, but freedom isn't free. The changes to the justice system will continue to liberate people who formerly would have been called a felon for doing normal human things that were ostracized on the grounds of oppression in the past.
It’s all of it. Not drilling and price gouging. Prices suddenly spike overnight but then take like 6 months to drop again? People didn’t just start traveling suddenly right before Ukraine got invaded. People have been traveling. It’s all bs
No mention that oil prices aren't controlled by the free market. Production is controlled by OPEC and other massive oil producing companies that don't always increase production or output based on the market. US oil companies have over 8000 unused drilling permits on federal land and have openly stated that their top priority is to increase shareholders dividend payments rather than drill more. Also, while I agree that stopping one pipeline is stupid and, yes, counter productive, the keystone pipeline wouldn't have been completed for years and has nothing to do with current oil prices. Anyhow, my point is that this is a much more complex issue than this video is making it out to be although most of the points are valid and truthful it omitted many other factors.
@@dogeatdog5 I think you omitted a few factors too.The keystone pipeline was held up because of problems getting permits which Trump was finely able to grant but biden cancelled before construction could be finished.While there are a lot of drilling permits out there a lot were aquired on speculation and were determined there was no oil there.Also a lot of wells were not drilled because of regulations preventing drilling and/or transport of oil from the wells,most of which were enacted by the biden admin.Any way you look at it most of the problem rests with biden.
@@EL300B I agree that Biden is the one that caved to pressure regarding the Keystone pipeline and as I stated before I think it was a stupid decision but I guess if you tell people that you are elected you'll do something you can't exactly be upset when he follows through with the promise. And again this pipeline has nothing to do with the current gas prices.
@@EL300B also show me where the oil companies have already tested the almost 9000 permited land areas and have discovered nothing. Where is that article? The executives said under path they refused to develop more wells and instead want to pay off shareholders with record profits.
@@dogeatdog5 I recommend that you do your own research as I have.I did not say that in all cases they did'nt find oil.but that they could not develop fields due to an inability to get permits to do so.
Don't blame me, I voted for duly elected President Donald John Trump's energy independence, highest employment, lowest unemployment, record GDP, securing our borders by enforcing immigration laws, record breaking stock markets, lower taxes, making NATO members pay their fair share, bringing back corporations to US soil, respect from our allies and enemies and putting USA first!
The federal government taxes gasoline at around $0.20 a gallon and the state government taxes it around $0.30 a gallon depending on where you live. It seems like if the government was serious about keeping gas affordable it’s already directly in their power to help do so by decreasing or discontinuing the gas taxes. Why am I not surprised that they aren’t doing so?
@@dcarts5616 No but $6/gallon is still cheaper than $6.50 a gallon. The government wants to take power it doesn’t have (create and enforce price controls) and blame others rather than make sacrifices themselves. The faux outrage of these officials would be much more believable if they had done everything in their power to lower fuel prices by decreasing or abolishing fuel taxes, decreasing regulations associated with drilling and pipelines, and opening up more land to leases. (Not fighting a proxy war with Russia would probably help too.). If they did all those things and still gas prices soared then maybe we can look elsewhere for the solution to the problem. But per usual the government is going to blame everyone and everything else and claim that giving them even more power is the only way to solve the problem.
@@dcarts5616 It is a part of the problem. One reason we can’t seem to solve any issues in this country is because we seem to think the best way to solve them is by massive changes that typically require sacrifice by everyone else except us. Lots of small incremental progress is far more likely to be effective in the long run than one massive change. That’s a huge problem with the government budget. No one wants to sacrifice millions because it doesn’t matter when trillions are spent. But if you aggressively trim millions from a million different places that’s how you make actual progress. Would eliminating the gas tax take gas prices back to $1.50/gallon? No. Would it decrease my weekly fuel bill by about $13? Yes. Over a year that’s almost $700 more in my pocket. I’m sure the powers that be in Congress don’t care about $700 but that’s s big deal for my budget.
"...has to choose between afordable energy and climate change, it can't do both." Politicians have been doing both for decades and getting away with it. That's how they keep getting reelected. And we pay the price.
Used to be Global warming. Now it's climate Change. All the computer models designed to predict the future weather, have failed. Historic temperatures are being "adjusted" to prove dangerous current changing temperature. If we were headed into an Ice Age Cycle, we would ignore all the evidence. The "Narrative" must stand
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!
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.
I'm from North Dakota and watched first hand the destruction that occurred when Big Oil started drilling into the Bakken oil fields around 2000. Our National Grasslands were littered with thousands of pumps, wells, and new access roads. Then they had the audacity to light up the night sky with natural gas flaring because it was cheaper then capturing it. Talk about corporate greed at its finest! That being said, I absolutely agree that pipelines are WAY safer and more efficient than hauling out by truck and train. I never understood the idiocrasy of pipeline protesters given that it is the cleanest and safest option to transport oil.
@@MileHighDriverGuy Then you're hopelessly brainwashed because windmills don't produce enough electricity to make back the amount needed to manufacture them in the first place. I highly suggest you watch the documentary "Planet of the Humans". The full documentary is available to watch 100% free here on UA-cam.
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
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.
As well as line their own pockets with the solution
there's a name for that. it's called Hegelian Dialecticism, named for the German philosopher Georg Hegel.
PRS
Without actually fixing the problem they went out of their way to create
They break your leg and hand you a crutch and tell you to be greatful
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.
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.
@@lisacerulli9290 And the year before that, when gas prices were also great? Trump.
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?
@@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 🤣
@@lisacerulli9290 vehicular gasoline expires pretty quick, so it wouldn’t be a supply and demand issue.
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.
Better yet, no other country respects those morals except for ones that were already allies
Liberals doing stupid things that waste money? Why i never heard of such a thing before
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.
the exec is afraid of neg publicity from media not the senator. our businesses are now run by fear rather than market principals. sad
Unfortunately he would have been completely cutoff/yelled over as soon as he said no.
No one should ever be afraid of some California pajeet.
I would have disconnected the call.
I'm not going to entertain a child trying to yell at me like that
That's been how businesses have responded for a hundred years. They cave in to government and activists all the time
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.
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.
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..
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.
@Paul Smith Yet Elon Musk is giving the Democrats the finger and just said he is voting GOP
@@Zach-ju5vi It would have benefitted both Canada and the USA
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.
I'm completely baffled every time I hear Biden has a 37% approval rating. How could it possibly be in double digits?
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.
It's not. Just like the election results, Twitter and even UA-cam subscriptions are all falsified.
Should be in the teens. Biden sucks!
I know right? His only base is the media presstitutes.
Pollsters are cherry picked. Any time a poll is cited as evidence it should be immediately dismissed.
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.
Printing money we don't have
AND SHIPPING IT TO UKRAINE FOR LAUNDERING*
The death of us being taken seriously abroad as well via Afghan death spiral
Mission accomplished
Also don’t forget stock market bubble
Russia-Ukraine war
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.
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.
Carter also gave the Panama Canal back to Panamá, and basically handed Iran over to the Ayatollah Khomeini!
Maybe it was a cartel called OPEC
"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?
Exactly. But be sure to pay your property taxes for the land that you "rent" I mean own.
Aren't federal lands our lands?
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.
Pretty communist if you ask me.
@@richavic4520 you would think so. Until you try to use it without a permit for... well anything lol
Stossel hardly ever disappoints and he's SPOT ON CORRECT AGAIN!!! Thank you, John!
The only problem is they're too short!
@@thanksfernuthin And his videos are being ignored by most of the people who could learn something from them. Spread the word!
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 👍
Seems like we've all already forgotten about the gmo video
@@mymusicmen13 what was forgotten?
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.
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 😛
EXACTLY.....High Gas prices aren't going to kill us......But $10 per gallon Diesel will!.....food and shipping costs will SKY ROCKET!
Peculiar how there are no lines at the gas station and no shortage of fuel..no rationing just ridiculous price
"If gas is $10 a gallon, it's going in a molotov cocktail"- A UA-cam comment that I really liked.
Exactly why we are creating more local food sustainability. This diesel price hike alone could cause a depression.
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'.
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.
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.
The irony being, importing oil pollutes more than producing and refining at home.
@@briant7265 It keeps prices down, period.
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.
Nothing to see here....
Now how about those white supremacists?
The easiest way is to blame - Putin- for their mistakes 🤮
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.
Same here!
Same.
same.
Same here.
80s kids remember John Stossel..he's awesome
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.
Well said!
On top of that, shipping oil in tankers is very bad for the environment. How do these idiots not understand this?
??? 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.
@@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.
@@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.
Four bucks a gallon? Laughable. Try well over six, on the way to seven and more.
FJB.
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
It’s all an excuse. They have bigger plans.
Solar panels take up a massive amount of acreage. Create a huge eyesore on the landscape.
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!
ooooo... snap !!
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
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.
Think most of them opted for cloth, which according to many studies does almost nothing.
@@bhough410 The whole mask thing was a feel good virtue signaling exercise.
@@EL300B yeah tell that to the doctors that will do a surgery on your ass
@@EL300B then why do doctors and nurses wear facemasks?
@@NewPaulActs17 Good question,see my first responce.
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.
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.
None of them have jobs, so, yep.
They want U to B a vegan and live on brown rice and beans 2.
Democrats-”If you don’t like high gas prices by an electric vehicle”
Also Democrats-Cancel Elon Musk.
Our electric grid won’t handle a fraction of the electric cars needed.. they want us all to die..
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.
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.
@@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.
The electricity that is generated for these vehicles still sources back to fossil fuels...
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.
Government government government always. If they would disappear all our lives would improve.
Bitcoin makes the government 90% obsolete. Its mass adoption will force the size and scope of government to decrease.
@@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.
@@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
@@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.
John Stossel America's number one news reporter!
One of the very few mainstream journalists that actually engage in real journalism. Refreshing and sad at the same time.
I love John Stossel and his reporting, but you have to admit that the bar is not set very high
Stossel is great but I would give that title to James O'Keefe.
WHAT ? NOT JIM ACOSTA
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
It's not stupidity when its done on purpose, John
Real estate is the same thing: stop "greedy developers" from building and then blame them for low supply and high prices ...
We really should blame the politicians and there stupid spending policies and also inflation is fucking with us
Joe Biden did this.
CARES ACT is a big part of inflation.
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.
@@TonicofSonic FJB!
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!
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.
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."
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.
They all had Teslas.
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.
Bicycle clothes are big ghey. I laugh at people who think they're in tour de France.
Everything happening right now is Biden’s doing. Fuk him and his handlers ! He tanked this country on purpose !
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.
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
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.
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!
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.
All bad administrations need a war for a distraction and scapegoat. Every admin has had one except Trump😂.
That’s what the Democrat pity party poverty plantation do, lie and blame everyone else!!!!
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?
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.
Ro Khanna is a clown. He was also trying to argue that student debt should be cancelled because it "disproportionately impacts women".
Well he is a POLITICIAN, what do you expect?
This administration hasnt done one thing right yet. The best thing they could do is resign.
Which would make Pelosi the President. LOL
@@my3dviews Yeah, were F'd if either Vice President Gigglepuss or Nancy takes over.
Yup. Best to wait for next election to replace Biden. The alternatives before that are worse than if he remains.
Under Trump : oil independent
Under Brandon : oil dependent
Any questions ?
Electric vehicles still pull lots of resources from the ground.
It's just as polluting as a regular gasoline car
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.
The carbon footprint is worse on electric car production
electric vehicles are worse
child slave miners in africa supply cobalt
An old diesel car from the 50s is far less polluting than an electric car
@@cp1cupcake i think it's only bc politicians have a stake in electric cars
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!
It's all deliberate. They want to permanently impoverish the masses to maximize government dependency and thus their own power.
Russias economy is booming due to their new energy deal with china. Bidentards forget that we had to negotiate for what we were getting.
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.
IS THAT A MOTHERFUCKING ARGENTINA REFERENCE??????
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.
I didn’t voted for trump , but gave him a chance when he became president, he did a great job , better then sleepy joe , I will never ever vote democrat again 😮
John Stossel has become one of my main sources for current events and important news. Has become a legend
He’s been a legend way before now…always facts & balanced news.
He tells it straight warts and all.
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.
He is wrong on GMOS
@@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.
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!
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
Thanks John!
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.
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!
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”.
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
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.
You excelled in this one Mr. Stossel, in presenting both sides of the argument so well.
"No more drilling on Federal land. Period. Period period period. We'll have foreign countries do it for us in a way that's more damaging to the environment." - Biden
*clap*clap*clap*clop*amazing*clap*clap*clap*clop*inspiring*clap*clap*clap*clop*powerful*clap*clap*clap*clop*
Not gonna lie you do have Canada... and maybe Mexico. And Saudis, except last I've heard they don't want to cooperate anymore. And Venezuela, but those don't seem to wish to cooperate either, and their oil is hella heavy
Thank you for flat out calling the jokers in charge "stupid'. It's long past time they were ridiculed appropriately.
Great journalism!!
Start teaching economics throughout K-12 and most of these misconceptions will cease to exist in a decade or two.
I disagree, because so many economists are idiots and the government will be hiring the economics teachers and choosing the curriculum.
Amazing, Stopping something, Before a a replacement has been put into place doesn't solve any thing.
This misses the main point of it all. US companies are not investing because OPEC will increase production to undercut US investment by making it unattractive and unprofitable. This has happened countless times. High gas prices have nothing to do with US politics.
Gas was cheap because OPEC was responding to US investments in fracking and shale investments, now they look lucrative again but this time companies are not investing so as to not get trapped when gas prices fall.
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.
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!
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.
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.
they dont even think remotely that far. they just think "ooh electric car!" but dont even realize how the damn thing is made.
EV car batteries are over 95% recyclable and are currently being recycled at a high rate.
"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.
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.
@@wallysworkin823 good point LOL
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!
@@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.
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
John stossel, still one of the only real journalists left in this world
When there's six different "reasons", in less than a year, for prices going up you know all of them are a lie.
It’s refreshing watching a legitimate journalist work. Thank you John.
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
Please do sir please do
The real question is will politicians commit to giving up their giant SUVs and private plans
I wouldn't want any politician to give up their private plans. ;)
@@AnnoyingMoose I'm sure their private plans are the most disturbing things to worry about
Once again, you've hit the nail on it's head John. Great reporting. You should be mandatory watching in our public school classrooms.
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
@@stevebuss69 Did you even watch the video? You need to watch John's video again.
I won’t hide it. This is the first time I’m in an uncontrollable fit of rage when Bidiot speaks and I see his gadaweful face. He’s saying he is purposefully destroying the petroleum industry and there isn’t a damn thing you or I could do about it. I sincerely hope this guy goes away permanently.
Record gas prices, along with the double digit % increases with everything else. All thanks to our wonderful and wise leaders.
“We asked Khanna for an interview, he declined”
Story of your life eh John? 😆
Ro Khanna is the worst.
If journalists were honest, this would be front page news.
Funny how they think begging for oil rather than burning our oil makes less emissions!😂
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.
For many of us John Stossel has become a legend and hero
Everything we make is made with oil we'll always be using it
We can always go back to making things out of ivory and whale blubber. LOL
Correct and it is going to cost us a fortune for oil biproducts once production is seriously cut due to electric vehicles.
America First!!!
Let's go, Brandon...all of his failures are deliberate, designed and purposely destructive....he's a scapegoat and we're suppose to believe this is all coincidental.
Meanwhile the ocean view from the eagles nest in Martha's vineyard looks the same as 100 years ago
On point!
imagine living in so much fear of your fellow Americans that you think they are actively trying to destroy the country they live in, intentionally. smh there is no helping you guys anymore.
@@yazx2434 Jan 6.
@@yazx2434 it's done by executive order and policy.
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!"
Yep
That retirement has to come from somewhere and it isn't Unicorns and Rainbows.
thanks John
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.
@@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.
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.
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.
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.
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!
@@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.
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.
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.
It's not stupid. It's deliberate.
Watching these politicians talk is like watching a dog chase its tail, there's something going on but ultimately nothing ever really comes from it.
Nice 🤣
"Never underestimate Joe's ability to fuck things up."
The only truth the snake ever spoke
Oh I don't know about that. He said before the election that he would run a 3rd time if he was in the background and there was someone else to take the heat.
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) 😏😏
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!!!
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
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!
I don't think you understand what neutral means.
@Paul Smith Ah, but not Democrat or Republican...
@@jason200912 Apparently, neither do you
@@Tony-Plinkett so you're saying you're wrong and also saying I'm wrong because I called you out for being wrong?
$10/ gallon in Canada. 50% of it is taxes
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.
Absolutely true. 💯
The climate is cleaner now than it’s been in 60 years!
It would be even better with increasing tree farming, the first 20 years of a fir's life is incredibly carbon absorbing, old growth forward don't do that, they don't produce near the oxygen from that absorbtion. There are more trees on earth now than 1910.
Even with all we do China India and the rest of Asia still have us barely winning
Try over 100 years. I remember how my mother would talk about the intense pollution in the 1920s. Places like northern New Jersey had perpetual oil mist in the air. Rivers were full of chemicals that factories openly and freely dumped into them. Factories spewed chemical smoke into the air. Back around 1928, the Naugatuck River in Connecticut was so polluted that it caught on fire. No fish could live in it. If you went for a swim, your hair turned green. Even back in the 1970s, New Jersey and Los Angeles were noted for smog created by factories. Nixon, a Republican, cleaned it all up by creating the EPA. Today, there are fish and swans in the Naugatuck River.
@@pollypurree1834 you’re right, but all this is not about climate change, it’s about controlling the people, adding a carbon footprint tax! It’s about one crisis after another to keep America divided. To divert attention from what the government is doing!
There are 9000 unused oil mining permits in USA. The constrained supply is deliberate. This is not the only thing but it is one thing.
All that protection will end when they need Rare Earth Elements for there EV dream. Then that drill hole will be replaced by a giant strip mine.
Lots of water in the processing of lithium. The waters in South America are getting bad due to Lithium
Thank you for this. This has taught me a lot about the importance of those oil pipeline
Yep.
The Constitution specifically states that the Federal Government shall only own and occupy the area of Washington DC and such land as necessary for "military" installations. All other land, not privately owned by the Citizens, Constitutionally belongs to and should be stewarded by the states. The United States Government has NO "Constitutional" authority to own and manage National Parks, Wildlife Refuges or Recreational Areas. As for Navigable Waterways, they come under Interstate Commerce in the Constitution and as such may be controlled by the Federal Government.
Nope. Interstate commerce clause is the most misapplied and twisted quote of the constitution. It's an insidious cancer that grows more malignant by the day
Theodore Roosevelt, the _Republican_ Roosevelt, actually started the national parks!
Hey John thanks for presenting it for how it is!
Keep up the good work
Everyone needs to watch this video!!!
It's time for people to realize that it's happening intentionally.
Its getting better for select groups of people. The poverty and lack of resources are tough for me, but freedom isn't free. The changes to the justice system will continue to liberate people who formerly would have been called a felon for doing normal human things that were ostracized on the grounds of oppression in the past.
It’s all of it. Not drilling and price gouging. Prices suddenly spike overnight but then take like 6 months to drop again? People didn’t just start traveling suddenly right before Ukraine got invaded. People have been traveling. It’s all bs
No mention that oil prices aren't controlled by the free market. Production is controlled by OPEC and other massive oil producing companies that don't always increase production or output based on the market. US oil companies have over 8000 unused drilling permits on federal land and have openly stated that their top priority is to increase shareholders dividend payments rather than drill more. Also, while I agree that stopping one pipeline is stupid and, yes, counter productive, the keystone pipeline wouldn't have been completed for years and has nothing to do with current oil prices. Anyhow, my point is that this is a much more complex issue than this video is making it out to be although most of the points are valid and truthful it omitted many other factors.
@@dogeatdog5 I think you omitted a few factors too.The keystone pipeline was held up because of problems getting permits which Trump was finely able to grant but biden cancelled before construction could be finished.While there are a lot of drilling permits out there a lot were aquired on speculation and were determined there was no oil there.Also a lot of wells were not drilled because of regulations preventing drilling and/or transport of oil from the wells,most of which were enacted by the biden admin.Any way you look at it most of the problem rests with biden.
@@EL300B I agree that Biden is the one that caved to pressure regarding the Keystone pipeline and as I stated before I think it was a stupid decision but I guess if you tell people that you are elected you'll do something you can't exactly be upset when he follows through with the promise. And again this pipeline has nothing to do with the current gas prices.
@@EL300B also show me where the oil companies have already tested the almost 9000 permited land areas and have discovered nothing. Where is that article? The executives said under path they refused to develop more wells and instead want to pay off shareholders with record profits.
@@dogeatdog5 I recommend that you do your own research as I have.I did not say that in all cases they did'nt find oil.but that they could not develop fields due to an inability to get permits to do so.
Don't blame me, I voted for duly elected President Donald John Trump's energy independence, highest employment, lowest unemployment, record GDP, securing our borders by enforcing immigration laws, record breaking stock markets, lower taxes, making NATO members pay their fair share, bringing back corporations to US soil, respect from our allies and enemies and putting USA first!
The federal government taxes gasoline at around $0.20 a gallon and the state government taxes it around $0.30 a gallon depending on where you live. It seems like if the government was serious about keeping gas affordable it’s already directly in their power to help do so by decreasing or discontinuing the gas taxes. Why am I not surprised that they aren’t doing so?
Its almost .60 a gal in pa
$6.50/gallon minus $.50/gallon equals $6.00/gallon. Am I missing something?
@@dcarts5616 No but $6/gallon is still cheaper than $6.50 a gallon. The government wants to take power it doesn’t have (create and enforce price controls) and blame others rather than make sacrifices themselves. The faux outrage of these officials would be much more believable if they had done everything in their power to lower fuel prices by decreasing or abolishing fuel taxes, decreasing regulations associated with drilling and pipelines, and opening up more land to leases. (Not fighting a proxy war with Russia would probably help too.). If they did all those things and still gas prices soared then maybe we can look elsewhere for the solution to the problem. But per usual the government is going to blame everyone and everything else and claim that giving them even more power is the only way to solve the problem.
@@TGuard00014 we agree actually. But the $.50 tax isn’t why the prices are high is all I was addressing.
@@dcarts5616 It is a part of the problem. One reason we can’t seem to solve any issues in this country is because we seem to think the best way to solve them is by massive changes that typically require sacrifice by everyone else except us. Lots of small incremental progress is far more likely to be effective in the long run than one massive change. That’s a huge problem with the government budget. No one wants to sacrifice millions because it doesn’t matter when trillions are spent. But if you aggressively trim millions from a million different places that’s how you make actual progress. Would eliminating the gas tax take gas prices back to $1.50/gallon? No. Would it decrease my weekly fuel bill by about $13? Yes. Over a year that’s almost $700 more in my pocket. I’m sure the powers that be in Congress don’t care about $700 but that’s s big deal for my budget.
even if everything the climate alarmists say were true, how can anyone think the answer is to give more money to the govt. and let them "fix" it?
What they say isn't true tho
We should start suing the activists and their big money supporters for the economic cost of their policies.
"...has to choose between afordable energy and climate change, it can't do both." Politicians have been doing both for decades and getting away with it. That's how they keep getting reelected. And we pay the price.
Used to be Global warming. Now it's climate Change.
All the computer models designed to predict the future weather, have failed.
Historic temperatures are being "adjusted" to prove dangerous current changing temperature. If we
were headed into an Ice Age Cycle, we would ignore all the evidence. The "Narrative" must stand
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!
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.
I wonder if the people who voted for Khanna really know what he is like. There is not much there.
I'm from North Dakota and watched first hand the destruction that occurred when Big Oil started drilling into the Bakken oil fields around 2000. Our National Grasslands were littered with thousands of pumps, wells, and new access roads. Then they had the audacity to light up the night sky with natural gas flaring because it was cheaper then capturing it. Talk about corporate greed at its finest! That being said, I absolutely agree that pipelines are WAY safer and more efficient than hauling out by truck and train. I never understood the idiocrasy of pipeline protesters given that it is the cleanest and safest option to transport oil.
You know who understand this, John Rockefeller.
You prefer windmills littering the landscape?
@@marclaclear6628 I do, actually. But, I would much rather we switch to nuclear power.
@@MileHighDriverGuy Too bad most people who favor renewable scold nuclear energy, which mean they will need coal or gas to back up the grid
@@MileHighDriverGuy Then you're hopelessly brainwashed because windmills don't produce enough electricity to make back the amount needed to manufacture them in the first place. I highly suggest you watch the documentary "Planet of the Humans". The full documentary is available to watch 100% free here on UA-cam.
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
Random sink holes are definitely a bigger problem than being able to afford to drive to work and buy food. Are you serious?
That's cheap. In Canada were paying $ 8.00 per gallon. Our finance minister thinks $ 32.00 per gallon sounds good. They are nuts.
In a time of recovery from the pandemic, the nation needs cheap energy. Record inflation and high energy costs don't help.