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re: Damn gas prices are getting out of hand
Posted on 3/19/26 at 3:08 pm to Allthatfades
Posted on 3/19/26 at 3:08 pm to Allthatfades
I hope it goes to 6 bucks.
Make the rednecks and gluttons squirm.
Make the rednecks and gluttons squirm.
Posted on 3/19/26 at 3:10 pm to Klark Kent
quote:
that isn’t the clapback you’re looking for.
Not a clap back guy. Clapbacks are for prepubescent girls.
Argument that Biden policy had strong negative effect on oil and gas market forces is poor.
Posted on 3/19/26 at 3:20 pm to Hobie101
Energy markets don’t exist in a vacuum. When an administration cancels pipelines, signals hostility toward domestic production, and floods the regulatory environment with uncertainty, that absolutely affects supply expectations and investment decisions. And yes, those expectations ripple through prices. That’s not controversial, it’s basic economics.
You don’t get to pretend policy has no impact just because it’s inconvenient to your preferred narrative.
You don’t get to pretend policy has no impact just because it’s inconvenient to your preferred narrative.
Posted on 3/19/26 at 3:30 pm to Allthatfades
I have 2 and teach and I’m doing fine
Posted on 3/19/26 at 3:40 pm to Klark Kent
quote:
Energy markets don’t exist in a vacuum.
Except it does right now. The national average has gone up a dollar since the war started.
Posted on 3/19/26 at 4:17 pm to Bonkers119
yeah. I covered that in the previous post.
but thanks for your insightful input.
but thanks for your insightful input.
Posted on 3/19/26 at 4:31 pm to JohnnyKilroy
How? It won’t keep riff raff off the road, they always have money. It’s going to hurt the regular folks.
Posted on 3/19/26 at 4:42 pm to Allthatfades
Were you pissed off when Pedo Joe’s gas prices were setting new records in 2021
He kept blaming the Russia/ Ukraine war. There were a lot of people believing that the Russia / Ukraine conflict was what was causing the price hikes. And then the dumbass used oil out of the SPR to try and keep gas prices from going even higher
He kept blaming the Russia/ Ukraine war. There were a lot of people believing that the Russia / Ukraine conflict was what was causing the price hikes. And then the dumbass used oil out of the SPR to try and keep gas prices from going even higher
Posted on 3/19/26 at 4:56 pm to Allthatfades
quote:
I honestly don’t see how people with two or three kids are making it.
We dont work fast food.
Posted on 3/19/26 at 7:39 pm to Allthatfades
If you drove an EV and used condoms, we would be missing this important and original post.
Thank you for your service.
Thank you for your service.
Posted on 3/19/26 at 8:03 pm to ronricks
quote:
Iran couldn't deliver a nuke to NYC or DC. Iran is of zero threat to us in that manner
Really? You ever heard of nuclear submarines? They pretty easily could. Unless someone destroyed their Navy. Which omg…Trump just did. What a coincidence.
Lot of libtards in this thread
Posted on 3/19/26 at 8:06 pm to Allthatfades
Paid $6.19 a little while ago
Only pumped a few gallons to get me by until I can swing through Costco for that cheaper gas and the rebate me
Only pumped a few gallons to get me by until I can swing through Costco for that cheaper gas and the rebate me
Posted on 3/19/26 at 8:16 pm to JoeyP239
quote:
Lot of libtards in this thread
One of the worst things in the modern world of discussing business and economics is invariably someone is going to make it political. It’s really hard to have an objective discussion these days.
Liberals and conservatives are the real losers at the gas pump. This affects everyone.
Posted on 3/19/26 at 8:19 pm to JoeyP239
quote:
Really? You ever heard of nuclear submarines? They pretty easily could. Unless someone destroyed their Navy. Which omg…Trump just did. What a coincidence.
Lot of libtards in this thread
I bet you were a big time cheerleader last June when we "completely obliterated" Iran's nuclear capability to the point that it would take them years to recover.
Now?
Posted on 3/19/26 at 8:20 pm to Allthatfades
Average under Biden $3.60. Just fricking wild out of control.
Posted on 3/19/26 at 8:51 pm to Klark Kent
100% correct, especially over the short term. However, the market is still fundamentally oversupplied and prices will fall pretty quickly once the Straight of Hormuz is open / safe (look at the forward curve - it is becoming more and more backwardated).
The more fundamental question is why would you want the price at the pump driving US policy and decision making. It is extremely short-sighted in a global market that will balance back out. Iran has used this as leverage for far too long and our political enemies knew this (Russia and China). Now was the perfect time to move for a number of reasons and China / Russia global positioning would only be strengthened through the passage of time without acting (remember this isn’t just about Iran):
Someone had to rip the bandaid off before Iran either:
(A) continued to exponentially build their ballistic missile stockpile which would give them the future capability to drag this out way longer & more leverage to not have a conflict
(B) eventually acquired a nuke which would make them untouchable and extremely dangerous with an oil supply directly supporting china
Also, we took steps to mitigate the US oil price pain by securing Venezuela and now receiving all their heavy crude (oil stockpiles in the US actually INCREASED recently). Compare that to China, who is now having to ration their oil supplies and will 100% feel much more price pain.
But yeah paying $3.50 vs. $2.80 at the pump is more important.
The more fundamental question is why would you want the price at the pump driving US policy and decision making. It is extremely short-sighted in a global market that will balance back out. Iran has used this as leverage for far too long and our political enemies knew this (Russia and China). Now was the perfect time to move for a number of reasons and China / Russia global positioning would only be strengthened through the passage of time without acting (remember this isn’t just about Iran):
Someone had to rip the bandaid off before Iran either:
(A) continued to exponentially build their ballistic missile stockpile which would give them the future capability to drag this out way longer & more leverage to not have a conflict
(B) eventually acquired a nuke which would make them untouchable and extremely dangerous with an oil supply directly supporting china
Also, we took steps to mitigate the US oil price pain by securing Venezuela and now receiving all their heavy crude (oil stockpiles in the US actually INCREASED recently). Compare that to China, who is now having to ration their oil supplies and will 100% feel much more price pain.
But yeah paying $3.50 vs. $2.80 at the pump is more important.
Posted on 3/19/26 at 9:21 pm to Allthatfades
quote:
Just paid $3.30 and that’s rural Mississippi. On top of how high groceries and everything else is. I honestly don’t see how people with two or three kids are making it
Well do you support the war in Iran? Why or why not?
Posted on 3/19/26 at 9:32 pm to LNCHBOX
quote:
A couple items "skyrocketing" is a little disingenuous when things like eggs have had big drops.
Avocados are down about 50% from Biden era
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