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re: OPEC+ to cut back 2mill barrels/day
Posted on 10/5/22 at 8:46 am to The Maj
Posted on 10/5/22 at 8:46 am to The Maj
Wait wasn’t KJP just bragging yesterday about how Biden has broke records by lowering gas prices? My oh my I can’t wait to see her stumble her way through Peter’s gas prices questions today.
2
Posted on 10/5/22 at 8:48 am to LSUBadger
quote:
Thank goodness we have been draining the oil reserves by 1 million barrels a day to help Dems in the election.
That needs to stop and probably will after the election. That means 3 million barrels disappear per day.
Yeah, the good thing, is that gas prices are gonna go up regardless of the release of our oil reserves now due to OPEC making the Democrats look like their bitch.
Say goodbye to $3/gallon gas. Expect $3.50 - $4 right in time for the election, then double that or more post November. It is an unstoppable train.
Posted on 10/5/22 at 8:50 am to TitleistProV1X
quote:
My oh my I can’t wait to see her stumble her way through Peter’s gas prices questions today.
“Peter this is why it’s so important that we transition to all electric durrrrrrrr”
Posted on 10/5/22 at 8:54 am to TitleistProV1X
quote:
Wait wasn’t KJP just bragging yesterday about how Biden has broke records by lowering gas prices?
After spending weeks trying to convince everyone the president has no influence on gas prices
Posted on 10/5/22 at 8:55 am to roguetiger15
Ooopsi-daisy. Here comes another round of explosive increase in fuel cost, along with every other consumer item, like food.
SkyNews Central
From deep within the White House situation room......
Presidential Advisor: Whoa, fuel costs are exploding. Damn, we'll lose the mid-term elections for sure. What should we do, Mr. President?
Slo Joe Biden: Incoherent mumbling [followed by]. I intend to convene an emergency bipartisan meeting NOW. Invite everyone, Nancy Pelosi, Chuck Schumer, including Congresswoman Jackie Walorski.
Presidential Advisor: But Mr.President Jackie Walorski is dead. She died in an auto accident months ago.
Slo Joe Biden: No, she didn't. I talk to her every day. Stop listening to those Trump Fascist MAGAs.
Staff: blank stare
Slo Joe Biden: Okay, scrap the bipartisan meeting idea. Instead, issue an official White House Statement urging Americans to buy electric cars, and get the vax. Now, tell Jill to bring me my fruit cup?
Details at 10.
SkyNews Central
From deep within the White House situation room......
Presidential Advisor: Whoa, fuel costs are exploding. Damn, we'll lose the mid-term elections for sure. What should we do, Mr. President?
Slo Joe Biden: Incoherent mumbling [followed by]. I intend to convene an emergency bipartisan meeting NOW. Invite everyone, Nancy Pelosi, Chuck Schumer, including Congresswoman Jackie Walorski.
Presidential Advisor: But Mr.President Jackie Walorski is dead. She died in an auto accident months ago.
Slo Joe Biden: No, she didn't. I talk to her every day. Stop listening to those Trump Fascist MAGAs.
Staff: blank stare
Slo Joe Biden: Okay, scrap the bipartisan meeting idea. Instead, issue an official White House Statement urging Americans to buy electric cars, and get the vax. Now, tell Jill to bring me my fruit cup?
Details at 10.
This post was edited on 10/5/22 at 11:13 am
Posted on 10/5/22 at 8:56 am to roguetiger15
Awesome news.
Should help drive more domestic production.
Should help drive more domestic production.
Posted on 10/5/22 at 9:02 am to Dgarne2
quote:
The price we all have to pay for Ukraine’s Democracy.
Russia has already shown they’re all in on this endeavor. We can keep throwing money at the issue, but eventually Ukraine is going to run out of soldiers.
Posted on 10/5/22 at 9:05 am to SDVTiger
quote:
It went from 5.30 to 6.89
Holy fricking shite
I paid 2.70 yesterday after work. Same gas station was 2.84 this morning.
Posted on 10/5/22 at 9:12 am to roguetiger15
Good thing the U.S. O&G Industry at home will keep its activity up and help minimize the blow as much as possible.
Yep…that evil industry at home that our President and his folks want to get rid of.
Yep…that evil industry at home that our President and his folks want to get rid of.
Posted on 10/5/22 at 9:20 am to SDVTiger
quote:
It went from 5.30 to 6.89 in about a week here So are we hitting 10 a gallon in Cali?
I hear you. We had gotten back down to close to $5 from the highs and it just skyrocketed over the last two weeks. I filled up at an AMPM yesterday and it was $6.29 for premium. I’ve seen it higher at the Chevrons & Shells though.
Posted on 10/5/22 at 9:22 am to SDVTiger
quote:
It went from 5.30 to 6.89 in about a week here
Bruh, you already double what everyone else in the country is paying because you're in Cali. RIP
Posted on 10/5/22 at 9:23 am to upgrayedd
quote:
Is Joe gonna supplement that with more of our strategic reserve?
What will he do when the SPR is emptied?
Posted on 10/5/22 at 9:24 am to roguetiger15
It took 5 minutes went from 2.86 to 3.19 on a trip past a gas station and back home. I was thinking of filling up as I went by at 2.86 and didn't. Dammit.
If it stabilizes there I will be surprised.
If it stabilizes there I will be surprised.
Posted on 10/5/22 at 9:28 am to Figgy
California is restricting refiners out there. High taxes and limited supply from refiners is a disaster
Thankfully the Biden team is talking about making it impossible to export refined product to keep prices down. Problem is the Gulf Coast has a crap ton of capacity; just no means to get it to the West Coast. So their “solution” would only hurt.
Thankfully the Biden team is talking about making it impossible to export refined product to keep prices down. Problem is the Gulf Coast has a crap ton of capacity; just no means to get it to the West Coast. So their “solution” would only hurt.
Posted on 10/5/22 at 9:28 am to roguetiger15
Well my bonus should be nice. Sorry for yalls future high gas prices.
Posted on 10/5/22 at 9:29 am to roguetiger15
Thank goodness we have the SPR!
oh, wait...
oh, wait...
Posted on 10/5/22 at 9:35 am to roguetiger15
Mostly priced in when the news came out over the weekend. At about $86 currently, which is ($0.20) to yesterday.
Posted on 10/5/22 at 9:37 am to LetsgoGamecocks
quote:
What will he do when the SPR is emptied?
I think at $86 you can still probably fill it at a price lower than the average paid for the volumes sold over the past year...I haven't done the math but a significant amount was sold well above the current $.
Posted on 10/5/22 at 12:18 pm to roguetiger15
But what about the fist bump?
Posted on 10/5/22 at 12:46 pm to roguetiger15
quote:
Just breaking. This will have immediate and negative impacts here at home. Gas prices about to skyrocket
Get some GUSH now baws if you want to double your money in 3 months.
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