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Started By
Message
Are gas prices going to go up again?
Posted on 1/10/21 at 4:28 pm
Posted on 1/10/21 at 4:28 pm
I remember the Obama years when it was over $4 or $5 a gallon here one summer.
22
Posted on 1/10/21 at 4:31 pm to Gcockboi
Without question. All you have to do is listen to Biden talk about his plans for the industry.
Posted on 1/10/21 at 4:33 pm to LNCHBOX
They're already working on it. Up at least 15 cents a gallon in the past 4-5 days
Posted on 1/10/21 at 4:35 pm to LSUDVM1999
Dropping in Alabama. You guys live in the wrong place.
Posted on 1/10/21 at 4:35 pm to Gcockboi
Undoubtedly. Biden will reinstitute all the Obama era regulations, pull permits/deny new ones and we'll be at $4/gal again, dependent on foreign oil.
On the bright side oil will be $100/barrel again.
On the bright side oil will be $100/barrel again.
Posted on 1/10/21 at 4:36 pm to AllDayEveryDay
Time to reinvest in truck nuts. 
Posted on 1/10/21 at 4:39 pm to Gcockboi
You do realize higher gas prices is better for the US oil industry, right? It costs more per gallon for the US to pump oil than OPEC. Oil price below US costs means our oil industry has to cut production.
Raising the oil price will backfire on them.
Raising the oil price will backfire on them.
Posted on 1/10/21 at 4:41 pm to AllDayEveryDay
quote:
Undoubtedly. Biden will reinstitute all the Obama era regulations, pull permits/deny new ones and we'll be at $4/gal again, dependent on foreign oil.
US oil production nearly doubled under Obama.
quote:
On the bright side oil will be $100/barrel again.
Doubtful, OPEC+ could crush prices again at any moment.
Posted on 1/10/21 at 4:41 pm to COAUTiger
If people start driving again to pre-COVID levels, of course, the price of gas will go up... and hopefully they'll anticipate the rise in demand correctly and not be caught with a shortage.
Posted on 1/10/21 at 4:44 pm to AllDayEveryDay
quote:
Undoubtedly. Biden will reinstitute all the Obama era regulations, pull permits/deny new ones and we'll be at $4/gal again, dependent on foreign oil.
The largest expansion of US production in history came under Obama and the oilfield boomed.
I did not care for the asshat but can we at least attempt to be factual instead of making up lying bullshite because it makes you feel better.
Posted on 1/10/21 at 4:47 pm to Gcockboi
Yes OPEC is cutting oil production and a large refinery in south east Louisiana was recently idled. Supply and demand. Also North Korea is gonna test out Biden first thing calling for nuke testing and future strategy to bring America to their knees. China also ramping up authoritarian rule in Hong Kong. The world is getting nervous about Biden being the leader of the free world to challenge and push back on his China overlords.
Posted on 1/10/21 at 4:50 pm to Gcockboi
quote:
Are gas prices going to go up again?
It should go to $0.
Biden himself said he was getting rid of fossil fuels completely.
Posted on 1/10/21 at 4:51 pm to cave canem
quote:
The largest expansion of US production in history came under Obama and the oilfield boomed.
I did not care for the asshat but can we at least attempt to be factual instead of making up lying bullshite because it makes you feel better.
fricking dumbshit, that is contra to everything Biden has said on the subject
Then I bet you will act "surprised" when it happens.
Posted on 1/10/21 at 5:10 pm to gthog61
quote:
fricking dumbshit, that is contra to everything Biden has said on the subject
Then I bet you will act "surprised" when it happens.
Neither the poster I replied to nor myself mentioned Biden but you keep screaming at the sky snowflake.
I you want an answer to the OP then yes fuel prices are and always were going to double regardless of who is POTUS.
Anyone who understands supply and demand has been well aware of this since November 2014.
Posted on 1/10/21 at 5:14 pm to bluedragon
quote:
Dropping in Alabama. You guys live in the wrong place.
Where are you at in Alabama that you're seeing a drop? Because they haven't been dropping anywhere in the Birmingham area or surrounding areas. I live about 15-20 miles north of Birmingham and my local gas station saw a $0.06 increase overnight one night last week.
This post was edited on 1/10/21 at 5:17 pm
Posted on 1/10/21 at 5:16 pm to Gcockboi
I think they will continue to rise. A lot of what we are seeing now isn't even a result of Biden. It is actually the result of increased confidence in the oil industry that there will be a rebound in demand this year. They, of course, want to cash in on that increase, so oil prices have soared. Once Democratic plans for oil/gas start getting passed/implemented and the cost of production goes up, prices will go up even more.
Posted on 1/10/21 at 5:16 pm to Gcockboi
Just watch truck nut stocks. That’ll tell you everything you need to know.
Posted on 1/10/21 at 5:16 pm to Gcockboi
They are already going up
Posted on 1/10/21 at 5:31 pm to Gcockboi
They already have.
Posted on 1/10/21 at 5:42 pm to Gcockboi
They’ll go up and the Ds will blame it on trump.
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