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Message
re: Gas Price Question for you O&G folks
Posted on 6/16/22 at 3:04 pm to mmmmmbeeer
Posted on 6/16/22 at 3:04 pm to mmmmmbeeer
Probably the same reason timber prices are still in the toilet but finished dimensional lumber is high as giraffe pussy. The raw material hasn’t changed much but the process to get it in a usable state has drastically risen.
0
Posted on 6/16/22 at 3:10 pm to LNCHBOX
quote:
If it is so easy for them to ave record profits whenever they decide, why do they ever stop?
This may be the most profound piece of logic I have ever read on this site.
Posted on 6/16/22 at 3:21 pm to mmmmmbeeer
quote:
The point of the tweet was to blame price-gouging. What are they missing?
I am guessing you believe in the left wing talking point that higher gas prices are because of price gouging. Am I right?
Posted on 6/16/22 at 3:27 pm to mmmmmbeeer
quote:
The point of the tweet was to blame price-gouging. What are they missing?
Esg killing existing refining capacity and investment.
Cracks are $50.
Your tweeter is an idiot.
Posted on 6/24/22 at 12:50 pm to mmmmmbeeer
quote:
I'm genuinely hoping someone can explain this to me like I'm 10yo...what's responsible for a nearly 50% increase in gas prices with the same oil prices?
Simple.
Quantitative Easing (QE) = Printing currency back by ZERO gold or value = 50% devaluing of the USD.
Prices of goods & services are NOT increasing. tDollar just represents approx 1/2 of its 2014 "Buying Power".
Posted on 6/24/22 at 12:55 pm to Liberator
this thread getting bumped is just piling on pour mmmbeer this afternoon. 
Posted on 6/24/22 at 12:57 pm to Klark Kent
Posted on 6/24/22 at 1:01 pm to JohnnyKilroy
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So trucking prices go up which causes delivered fuel prices to go up which causes trucking prices to go up.
Posted on 6/24/22 at 1:51 pm to mmmmmbeeer
quote:
I'm genuinely hoping someone can explain this to me like I'm 10yo
Ask our vice president.
Posted on 12/6/23 at 3:41 pm to Klark Kent
Have you updated this at all? Working on an analysis of this and how baidan's policies have influenced OnG prod and prices in the US.
Im currently importing this list into excel and will add data along with it. (links, second-order impacts, correlated gas price, and production activity.)
Im currently importing this list into excel and will add data along with it. (links, second-order impacts, correlated gas price, and production activity.)
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