Oil analyst reveals 'pain point' for gas prices



The Schork Group principal reacts to the White House claiming they are responsible for falling gas prices, telling ‘Varney & Co.’ the decline is clearly due to ‘demand destruction.’ #foxbusiness #varney

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44 comments

  1. Supply and demand dynamics are in play not anything the demomarxists have done. What happens when you can't afford something? You STOP buying it. It's insurmountable stupidity for them to say different.

  2. Biden administration is full if it.

  3. Partly due to the temperary SUCK down of the SPR which will stop after they've fkd everyone over just to make themselves look somewhat responsible…..
    Which I do not think they are.
    Just some of the ways they fk over the people that depend on Social Security……fkn with the COLA numbers….Hope it back fires on the fkn crooked DEMS.

  4. But how much oil came out of the SOR?

  5. Let me guess Putin is # it again ? This Village Idiot we have in our Whitehouse needs to be Impeached immediately !

  6. Prices are down because people are going broke and can't travel. Limiting people from traveling is part of the 'Great' Reset and Biden is the main callous. lazy, corrupt, compromised Idiot who accepts this.

  7. This only effects those who haven't adjusted to a more eco way of living. I consume zero fuel on a daily basis. And I see a lot of other people who could say the same. We are very much aware that prices will only get higher as we run out. There are MILLIONS who paid attention for the last 20 years and made adjustments. It is kind of funny watching materialistic self absorbed nay sayers suffer because they just won't stop arguing facts. Earth will win and her defenders will never ever stop and we will eventually win a clean, healthy earth free of parasites.

  8. I am so thankful to you, For being legit and trustworthy, you just made me feel special you truly made my day, Thanks you so much Maskoffweb

  9. I am so thankful to you, For being legit and trustworthy, you just made me feel special you truly made my day, Thanks you so much Maskoffweb

  10. Hoax after hoax doesn't help the population feel free

  11. Oil companies are price gouging because the oil executives want to hurt Biden. You trump brand nut jobs need to tell the public what’s really going on.

  12. All due to Our Taxes in the Federal injection of Gasoline. Suuure…

  13. AMERICA IS A CROOKED CORRUPT BANANA REPUBLIC RUN BY NARCISSIST MORONS

  14. The pain point is anything over 2 bucks a gallon. We are double and triple that here in the USA

  15. I see more coal barges, piled high, going up the Ohio River all the time.

  16. David Asman is one of the best hosts there is. He lets the guest do the talking and he asks the right questions. No waste of minutes!

  17. did not hear anything about the tax hike

  18. 1. “Pain-nomics”.
    2. Democrats’ economic plan for lower & middle-class Americans.

  19. VOTE DEMO🐀S (DEMOCRATS) OUT… PERIOD

  20. Falling prices are a temporary gimmick until after the midterms. Biden wants to wreck the oil industry

  21. Sorry, but come to Reno and pay $5.00+.

  22. Yep you’re gonna have the biggest drop in prices when you have the biggest hike in prices , DUH !

  23. Still 4.78 a gallon in Idaho

  24. Dems are trying to get people to vote for them in November that's why price is down. After election price will go back up. Most likely higher then it was.

  25. pain point is what the speculators can get away with
    but only if you cancel pipelines

  26. Who they trying to fool. It’s just before November just wait it will go right back up once elections are over and they’ve lost a few seats they will be pissed and really jack the price 😳🤪 get ur KY out it’s going to hurt 🤔

  27. Great video. you've remind me of what someone once said❤The richest people in the world build networks; everyone else is trained to look for work.” “There is a difference between being poor and being broke. I once attended seminar and ever since then i been waxing strong financially, and i most tell you the truth..

  28. During Trump's tenure, the US economy contracted 3.5% – the fastest rate since 1946. Trump is the worst jobs president in recorded history. The Dow had the largest single-day stock market drops in the history of Dow Jones. Household income decreased 2.9%. Poverty increased 1%. It was the first increase in the official poverty rate after five consecutive years of declines. Income inequality reached its highest level in 50 years. The national debt under Trump increased 39%. The annual deficit under Trump ranks as the third highest of any president in history.

  29. Big deal we are still paying double so total BS

  30. You blamed them for the price rise – now you say they cannot take credit for the drop ? Hypocrisy at its best…

  31. $2 is my “pain point.” I don’t know what the disconnect is with Steven…🤦🏻‍♂️

  32. It’s not Goldman Sachs that is predicting.. it’s their boss…BLACKROCK that is telling them what to say

  33. Yes, back to $5 a gal after fixed elections.

  34. 🎠🎠🎠🎠🎠

    "I could win a Nobel Prize in Physics & they’d still call me dumb."

    – Rep. Alexandria Ocasio-Cortez (D-NY)

    🤗

  35. Is there a way to block a channel?

  36. FOX reveals this? It was unknown before FOX revealed the info? Reveal is overused.

  37. It’s because of oil producers, not the Biden administration that has attacked oil production. Policies that have hurt our economy has caused demand to go down. Take credit for hurting the economy, and lowering use, full credit President Biden!

  38. Look at that phoney stock market green in the background

  39. More interesting numbers would be the amount of Americans who need cars but can't afford them… What's this bs?