re: I Just Filled my Wife's SUV for $2.67

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Whoever is president doesn't affect oil prices

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Why do you think Biden was releasing the SPR?

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Yeah, when Trump shut down the economy, and oil futures went negative.

LINK

That's what it took in 2020 to get gas prices under $2.

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COVID shut down the economy.

You can look at the 9 months of 2023 on the chart above and compare to any 9 months of Trump's presidency. It's a start difference. And, it has nothing to do with a healthy level of inflation.

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That looks like some old timer talking about how they will never replace the horse. "They'd have to build highways and filling stations everywhere. It'll never happen"

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How long has solar energy been around? How long since they started telling us that solar is the future of electricity?

Folks who said 35 years ago that that would never happen? Guess what...

Know what percentage of American electric consumption comes from solar today? A whopping 3.4%

It's still no closer to happening.

The very obvious difference as far as the automobile is that the gas powered automobile was mass produced at a price that most Americans making a living wage could afford. That isn't the case with EVs. The environmental lobby and the Democrats don't care what the cost is to consumers.

Sure, 100 years from now, 200 years from now, who knows what kind of more efficient energy source there might be? But today, in 2023, EVs as they are currently produced will not become the primary mode of transportation in this country. Democratic efforts to make it happen will result in major losses in elections. Issues like abortion, education, immigration, etc, are all important to voters...but economics and pocketbook issues are still #1.

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COVID shut down the economy.

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So you admit that Trump had nothing to do with the low price of gas in 2020. I agree, it had more to do with supply and demand.

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You can look at the 9 months of 2023 on the chart above and compare to...

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...the current price, and the current price is lower.

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it has nothing to do with a healthy level of inflation.

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And just like the prices under Trump, it doesn't really have anything to do with Biden, either.

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How long has solar energy been around?

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Since the begining of time. Every energy source not associated with geothermal was derived from energy from the sun. It all starts with the primary solar energy producers - plants.

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Sure, 100 years from now, 200 years from now, who knows what kind of more efficient energy source there might be?

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Why not 5? Or 10? Or 15? Or 20? The fact is you don't know. It could happen any day.

Electricity for motive power just makes more sense. We'll probably get there sooner than the 100 years you predict.

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I'm not sure if you would include the oil export ban being lifted under Obama as "overarching government policies, relative to the O&G markets", but that had an enormous effect on domestic production.

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Dammit, yes, that affected domestic oil prices once we could export crude.

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Granbury

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My employees in Parker County are typically filling up my company trucks for 20-30 cents per gallon more than my employees down in the Hill Country or west Texas. It's evened out in the last couple of months. I haven't seen it cheaper anywhere.

We had a company admin meeting between all the offices and were joking about how sad it is to be happy that gas is below $3.

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So you admit that Trump had nothing to do with the low price of gas in 2020

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no

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I agree, it had more to do with supply and demand.

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All pricing is due to supply and demand, retard.

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...the current price, and the current price is lower.

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Prices fluctuate. Pointing to a single point in time is obviously flawed. It's why I said look at any of Trump's Jan through Sept numbers. It's a stark difference.

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And just like the prices under Trump, it doesn't really have anything to do with Biden, either.

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This is incorrect.

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Whoever is president doesn't affect oil prices. 2014 saw the collapse of the domestic energy industry due to domestic over production plus SA flooding market. 2020 saw prices crater again and further due to worldwide covid shutdown which benefits, in this exercise, the president presiding 2017-2020.

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All this is very accurate, and I made quite a bit in oil and gas between 2010 and 2014. After getting crushed after that I mistakenly bought some dips in 2017 because I really thought Trump was going to save the US oil and gas companies. Whether it be tariffs or subsidies I thought Trump would be an asset. Little did I know he’d be a bitch to the saudis, but his family got paid well.