Fox: Gas prices set new record Sunday morning; COGwriter: Might the King of the North end up with California offshore oil?
Explainer: What Drives #Gasoline Prices? https://t.co/LjUGHp4ZJ8 pic.twitter.com/9MbUGDZSeT
— Joaquin Salamanca (@FuturaJoaquin) June 12, 2022
Fox News reported the following:
Gas prices set new record Sunday morning
June 12, 2022
The price of a gallon of regular gasoline hit an historic milestone over the weekend and continues to move higher.
The price on Sunday morning rose to $5.01, according to AAA. https://www.foxbusiness.com/markets/gas-prices-6-12-2022
Here are some of the causes according to the Associated Press:
June 11, 2022
WHAT IS HAPPENING?
Gasoline prices have been surging since April 2020, when the initial shock of the pandemic drove prices under $1.80 a gallon, according to government figures. They hit $3 in May 2021 and cruised past $4 this March.
On Saturday, the nationwide average for a gallon ticked just above $5, a record, according to auto club AAA, which has tracked prices for years. The average price jumped 18 cents in the previous week, and was $1.92 higher than this time last year.
State averages ranged from $6.43 a gallon in California to $4.52 in Mississippi.
WHY IS THIS HAPPENING?
Several factors are coming together to push gasoline prices higher. …
Global oil prices have been rising — unevenly, but sharply overall — since December. The price of international crude has roughly doubled in that time, with the U.S. benchmark rising nearly as much, closing Friday at more than $120 a barrel.
Russia’s invasion of Ukraine and the resulting sanctions by the United States and its allies have contributed to the rise. Russia is a leading oil producer.
The United States is the world’s largest oil producer, but U.S. capacity to turn oil into gasoline is down 900,000 barrels of oil per day since the end of 2019, according to the Energy Department. …
The U.S. has already imposed a ban even as Biden acknowledged it would affect American consumers. He said the ban was necessary so that the U.S. does not subsidize Russia’s war in Ukraine. “Defending freedom is going to cost,” he declared.
The U.S. could ask Saudi Arabia, Venezuela or Iran to help pick up the slack for the expected drop in Russian oil production, but each of those options carries its own moral and political calculations.
Republicans have called on Biden to help increase domestic oil production — for example, by allowing drilling on more federal lands and offshore, or reversing his decision to revoke a permit for a pipeline that could carry Canadian oil to Gulf Coast refineries.
However, many Democrats and environmentalists would howl if Biden took those steps, which they say would undercut efforts to limit climate change. Even if Biden ignored a big faction of his own party, it would be months or years before those measures could lead to more gasoline at U.S. service stations. https://apnews.com/article/why-are-gas-prices-rising-541819ca1aa4d3dc0a0206271f9f8589
Basically, the price of gasoline is up because of politics.
The Biden-Harris Administration took steps that reduced the potential of US oil companies to produce more.
And while the AP says at this stage it will take months or years to change that–if the Biden-Harris Administration really wanted to, this is a similar argument made during the Obama-Biden Administration.
While US President, Barack Obama said if he apporved offshore oil drilling in California, it would take 4 years to reduce gasoline prices.
So, instead he banned that until 2022.
But the Biden-Harris Administration has not opened up drilling off the California coast.
Anyway, environmental considerations aside, yes the US itself could take steps that would drop the price of oil and gasoline around the world.
The gasoline price situation would be reduced if, as Joe Biden promised in February (see Biden: ‘I’ll do everything in my power’ to lower gasoline costs) and April (see Biden says he’s doing ‘everything’ in his power to reduce gas prices), he would do “everything” in his power to reduce the price of gasoline.
Thus far, he has not done so.
Realistically, it is not expected that the Biden-Harris Administration will take enough steps to result in a major drop–though drops may come irrespective of what the Administration does or does not do.
Having been a resident of California for decades, it has long been my view that after the King of the North conquers the USA (cf. Daniel 11:39), that the Europeans (despite environmentalist claims) will drill, sell, and/or otherwise use the vast amounts of oil off the coast of California.
The USA seems to be, unknowingly, holding that oil for the Europeans.
And they may well end up with it by 2030.
Some items of possibly related interest may include:
Biden-Harris: Prophecies and Destruction Can the USA survive two full presidential terms? In what ways are Joe Biden and Kamala Harris apocalyptic? This book has hundreds of prophecies and scriptures to provide details. A Kindle version is also available and you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to your free Kindle reader app (or if you already have one or a Kindle), you can go to: Biden-Harris: Prophecies and Destruction (Kindle) to get the book in seconds.
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. Two related sermon are available: Identifying the USA and its Destruction in Prophecy and Do these 7 prophesies point to the end of the USA?
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here are links to two related videos: The King of the North is Alive: What to Look Out For and The Future King of the North.
Europa, the Beast, and the Book of Revelation discusses the largest church since the second/third century, which in a real sense is the eighth church mentioned in the Book of Revelation (it also endorses “eighth day” worship). What church would support the Beast? Here is a link to a video titled: Europe and the ‘Holy Roman Empire’.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2029 or or 2031 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
When Will the Great Tribulation Begin? 2022, 2023, or 2024? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede la Gran Tribulación comenzar en el 2020 o 2021? ¿Es el Tiempo de los Gentiles? A related video is: Great Tribulation: 2026 or 2027? A shorter video is: Can the Great Tribulation start in 2022 or 2023? Here is a video in the Spanish language: Es El 2021 el año de La Gran Tribulación o el Grande Reseteo Financiero.
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