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re: $4.20 You are killing us Biden

Posted on 5/13/22 at 9:20 am to
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 5/13/22 at 9:20 am to
You don't understand economic risk Roger and you never have. Have you ever looked at corporate finances.

Do you know anyone with their CFA? Do you know anyone that works in the commodities markets?
Do you understand capital expenditures?
Do you know anything about cash flows and how they effect credit rating?
Do you understand geopolitical risk?
Do you understand the volatility and how it affects futures markets/derivatives?
Do you understand corporate guidance?
Do you understand that corporations are trying to make money?
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64596 posts
Posted on 5/13/22 at 9:24 am to
quote:

Is there a law requiring oil companies to sell their oil refined here at the global market value?

Check out our gas prices vs other oil producing countries.


Every time you post all you do is show more and more ignorance. You know why other oil producers have lower fuel costs? It’s because those governments (1) run state owned oil enterprises and (2) have put heavy subsidies on their domestic fuel costs to keep their domestic gas & diesel prices artificially low.

As for your first question, I can’t even take it seriously. Oil is a global commodity traded on the global market. It’s price is controlled by who is willing to be the highest bidder, again in the same manner as all other commodities and stocks.

And you think we can just pull our oil from that market and sell it only to domestic buyers? You think that would help bring down oil by removing close to 20% of the world’s supply from the worldwide oil market? Walk me though whatever you think passes for logic that lead you to come up with such an insanely stupid idea.
Posted by statman34
Member since Feb 2011
2955 posts
Posted on 5/13/22 at 9:25 am to
quote:

Ah the classic I don’t like the person in the White House so now it’s time to blame him for gas prices happens every single time regardless of party


This goes waaaaaaaay beyond just the gas prices. Look at every single executive order he has declared, his administration's stance on every single issue and new agenda that is pushed, look at the economy, inflation, the stock market and tell me the president has no control over the things happening to us all right now and you are a fricking willful idiot.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
66844 posts
Posted on 5/13/22 at 9:36 am to
quote:

Do you know anyone with their CFA? Do you know anyone that works in the commodities markets? Do you understand capital expenditures? Do you know anything about cash flows and how they effect credit rating? Do you understand geopolitical risk? Do you understand the volatility and how it affects futures markets/derivatives? Do you understand corporate guidance? Do you understand that corporations are trying to make money?




you do realize that the administration running this company are government lifers and have no in depth knowledge of these subjects either, right?
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 5/13/22 at 9:40 am to
I spent 5.20 for diesel yesterday
Posted by Methuselah
On da Riva
Member since Jan 2005
23350 posts
Posted on 5/13/22 at 9:42 am to
I think it will be damaging to him. I also think it would have been a lot more damaging if not for the expectations game. People were throwing around $6-$8-$10 a gallon at the beginning of the Russia/Ukraine war and it pretty much stopped at about $4 and is only now starting to go back up.
Posted by grizzlylongcut
Member since Sep 2021
9473 posts
Posted on 5/13/22 at 9:43 am to
Democrats are the enemy of the United States of America. I hate each and every one of you.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
66844 posts
Posted on 5/13/22 at 10:02 am to
just be thankful you can find it. give it time.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 5/13/22 at 10:08 am to
Net rise here in Prairieville in the last 2 weeks has been $.30.
$3.79 - $4.09 as of this morning. It was $3.99 Wednesday and Thursday, then shot up again today.
This post was edited on 5/13/22 at 10:09 am
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 5/13/22 at 10:10 am to
quote:

Democrats AND Republicans are the enemy of the United States of America. I hate each and every one of you.



The entire US government hates each and every one of us, yet they need us to keep producing all those tax dollars, so they can launder it through Ukraine back to themselves.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260665 posts
Posted on 5/13/22 at 10:13 am to
quote:

You don't understand economic risk Roger


Of course I do.

You're simply deflecting because your ideology is backwards and you cannot defend it.


Biden is lying to you, and you lap it up.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260665 posts
Posted on 5/13/22 at 10:14 am to
quote:

you do realize that the administration running this company are government lifers and have no in depth knowledge of these subjects either, right?


Democrats believe their leaders are demi-gods. For real.
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
64237 posts
Posted on 5/13/22 at 10:15 am to
A dollar more than that in south Florida. Enjoy the cheap gas.
Posted by Tempratt
WRMS Girls Soccer Team Kicks arse
Member since Oct 2013
13369 posts
Posted on 5/13/22 at 10:17 am to
racis
Posted by billjamin
Houston
Member since Jun 2019
12512 posts
Posted on 5/13/22 at 10:17 am to
quote:

Biden is lying to you, and you lap it up.

Who's ever been honest with us?
Posted by madmaxvol
Infinity + 1 Posts
Member since Oct 2011
19161 posts
Posted on 5/13/22 at 10:18 am to
quote:

$4.20



Still way too high...but I'm paying $3.86 per gallon...which is down a bit from the last couple of weeks.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260665 posts
Posted on 5/13/22 at 10:18 am to
quote:

Who's ever been honest with us?


I love this line of thinking.

"The Kaiser lied to us, why are you upset at Hitler?"

Typical german prog in 1935.

There are degrees, no administration has lied to the public more than this one. Of course you don't care, because it benefits you.
This post was edited on 5/13/22 at 10:20 am
Posted by Tempratt
WRMS Girls Soccer Team Kicks arse
Member since Oct 2013
13369 posts
Posted on 5/13/22 at 10:19 am to
quote:

Trump can't get back in office soon enough.


Can't happen. Election fraud will assure of it.
Posted by billjamin
Houston
Member since Jun 2019
12512 posts
Posted on 5/13/22 at 10:21 am to
quote:

There are degrees, no administration has lied to the public more than this one. Of course you don't care, because it benefits you.

I ask a simple question and you immediately go off on this tangent. Typical.

The correct answer is none of them. We've always been lied to and manipulated by elected officials.
This post was edited on 5/13/22 at 10:23 am
Posted by A Menace to Sobriety
Member since Jun 2018
29100 posts
Posted on 5/13/22 at 10:43 am to


He's a fricking disaster. That is all.
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