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Post election oil and gasoline prices plummeting.

Posted on 11/21/22 at 11:04 am
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 11/21/22 at 11:04 am
What happened?
Posted by Oates Mustache
Member since Oct 2011
22332 posts
Posted on 11/21/22 at 11:05 am to
Winter time, people travel less so a drop is normal. But let's see how far it drops. Too early to say anything beyond that.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67524 posts
Posted on 11/21/22 at 11:05 am to
gas prices aren't "plummeting"
Posted by Big Scrub TX
Member since Dec 2013
33733 posts
Posted on 11/21/22 at 11:06 am to
quote:

Post election oil and gasoline prices plummeting.
What happened?
I get where you're going and I like it, but...for those who were willing to talk facts before the election also, I would say:

--OPEC talking about increasing production
--China going back in the direction of covid-zero lockdowns

The latter, to me, is the most painful. I have been expecting a demand crunch derived from the opposite.
Posted by VolcanicTiger
Member since Apr 2022
5933 posts
Posted on 11/21/22 at 11:07 am to
quote:

What happened?
Ballot harvesters don't have anywhere to drive to now.
Posted by Houag80
Member since Jul 2019
9566 posts
Posted on 11/21/22 at 11:07 am to
This is an example of the simple mind of a prog eunuch.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68787 posts
Posted on 11/21/22 at 11:08 am to

Economy drifting toward the shitter.

No need to transport goods that no one can buy.
Posted by Marquesa
Atlanta
Member since Nov 2020
1546 posts
Posted on 11/21/22 at 11:09 am to
OMG, perhaps FJB will fill up the strategic reserve after these MASSIVE price drops.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68787 posts
Posted on 11/21/22 at 11:11 am to
quote:

--OPEC talking about increasing production



The KSA forced Biden to bend the knee and give immunity to the prince.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 11/21/22 at 11:12 am to
quote:

Economy drifting toward the shitter.

No need to transport goods that no one can buy.



Or OPEC tipping a production increase - I think the turnip asked for this?

And China going back into lockdown.

Posted by Gifman
Member since Jan 2021
9786 posts
Posted on 11/21/22 at 11:13 am to
quote:

Post election oil and gasoline prices plummeting.


I haven't seen plummeting prices. If anything, it's gone up ten cents in my area since the election. You're a fricking retard.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 11/21/22 at 11:14 am to
quote:


OMG, perhaps FJB will fill up the strategic reserve after these MASSIVE price drops.


FJB did say they'd repurchase at $67-72/bbl to provide a floor to producers. I hope we don't find out, but will be interesting to see if there's any follow though if prices look to go off a cliff.
Posted by Sam Quint
Member since Sep 2022
4901 posts
Posted on 11/21/22 at 11:16 am to
thank god that diesel is now 4.79 and not 4.89.
Posted by SelaTiger
Member since Aug 2016
18289 posts
Posted on 11/21/22 at 11:18 am to
Surprisingly, they are. I’ll revert back to “the president has nothing to do with gas prices” until they go back up.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68472 posts
Posted on 11/21/22 at 11:20 am to
quote:

Ballot harvesters don't have anywhere to drive to now.




Interesting the only state that has prices have gone up is Georgia.

Hmmmm.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 11/21/22 at 11:22 am to
quote:

I haven't seen plummeting prices. If anything, it's gone up ten cents in my area since the election. You're a fricking retard.



LINK


LINK

Where do you live Gifman? It could be a local issue.

Posted by cwill
Member since Jan 2005
54753 posts
Posted on 11/21/22 at 11:23 am to
quote:

Surprisingly, they are. I’ll revert back to “the president has nothing to do with gas prices” until they go back up.


The only way the game works!
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 11/21/22 at 11:24 am to
quote:

This is an example of the simple mind of a prog eunuch.


I'm just a man wondering why prices are going down when told repeatedly that they would go up right after the election because ConSPirAcY.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67524 posts
Posted on 11/21/22 at 11:26 am to
quote:

I'm just a man

Got proof?
Posted by Wally Sparks
Atlanta
Member since Feb 2013
29322 posts
Posted on 11/21/22 at 11:27 am to
quote:

Interesting the only state that has prices have gone up is Georgia.


Gas tax moratorium expires on Dec. 11th.
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