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re: US gas prices 2-3 days from all time highs

Posted on 3/5/22 at 9:38 pm to
Posted by Alltheway Tigers!
Baton Rouge
Member since Jan 2004
7219 posts
Posted on 3/5/22 at 9:38 pm to
quote:

Apparently very few people on this board remember when oil futures were negative in 2020.


Selective research. And strong reasons why oil companies won’t invest the money is because of ESG reasons and the uncertain policies of the present administration. They have no idea what crap will come out of Biden from additional taxes, regulations or environmental costs. If you can’t predict your cost structure to a certain degree, why invest the money.

Nope. Signaling from this administration is anti-oil from day 1. It might just cost them both sides of the aisle and more.
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