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re: The President: America benefits when oil prices increase
Posted on 3/12/26 at 9:30 pm to ragincajun03
Posted on 3/12/26 at 9:30 pm to ragincajun03
quote:
President Donald Trump said that America benefits when oil prices increase because the nation is the world's biggest oil producer,
While this is true, we are also the largest oil consumer in the world….and we consume about twice as much as we produce…
0
Posted on 3/12/26 at 9:36 pm to SelaTiger
high cost of living is good.
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 3/12/26 at 10:04 pm to RelicBatches86
He works for the rich only. None of this is new.
Posted on 3/12/26 at 10:27 pm to FahQGump
quote:Rookie numbers...since like early 2000's for me and the F three fiddy...
The 85 dollars I just spent at the pump disagrees
Posted on 3/13/26 at 3:27 am to chrome_daddy
quote:
Rookie numbers...since like early 2000's for me and the F three fiddy...
Wanna take a ride in my hummer?
Posted on 3/13/26 at 3:57 am to OweO
quote:
And I think people are still waiting for the wall he promised he would start building the day he got into office.. in his first term.
...you do realize he built miles of new infrastructure along the wall/fence.
Add to it... His joke about mexico paying for it, they actually DID start constructing a huge section as well.
quote:
OweO
I'm an idiot for taking the time to reply to you.
Posted on 3/13/26 at 4:06 am to ragincajun03
Trump will say anything and his support will believe and defend it.
Posted on 3/13/26 at 4:22 am to X123F45
quote:
you do realize he built miles of new infrastructure along the wall/fence.
quote:
I'm an idiot
Posted on 3/13/26 at 5:11 am to OweO
quote:
And I think people are still waiting for the wall he promised he would start building the day he got into office.. in his first term.
You know with a strong immigration policy, no tag a release of illegal immigrants, steep penalties for hiring illegal immigrants, no birth right citizenship, no immigrant access to welfare, and an immigration judiciary that deports, a physical barrier is not needed.
The barrier is there and if you do cross, you will not like it and be begging to go back.
Posted on 3/13/26 at 5:34 am to Tarps99
quote:
steep penalties for hiring illegal immigrants
... as if it takes much thought to put Mexican, roofers, and ladders into one sentence
eta: (if your not from New York City)
This post was edited on 3/13/26 at 6:11 am
Posted on 3/13/26 at 5:41 am to SelaTiger
quote:
Funny because just recently he was bragging about low prices and saying how much that helps the country. People believe anything that man says even when he contradicts himself from one day to another.
Yup.
Posted on 3/13/26 at 5:43 am to Klark Kent
Sir, the President Trump circle jerk is on the political talk board.
Posted on 3/13/26 at 5:44 am to ragincajun03
I have heard in recent years that the price needs to be around 2.70 a gallon for everyone to win. Does this figure still hold true? At what price above that does it become a negative for most everyone?
Posted on 3/13/26 at 5:47 am to ragincajun03
quote:
when oil prices go up, we make a lot of money,
Most of the money THEY make is off of US, the American people.
This guy sucks, just like they all do.
Posted on 3/13/26 at 6:29 am to ragincajun03
Any of you whinny poors ever thought what happens to oil prices when Iran sets off a nuke in Israel, or even New York or D.C.?
Posted on 3/13/26 at 6:55 am to Tarps99
quote:
a physical barrier is not needed.
Then why was this a big part of his campaign for the 2016 election? I am not saying I think a wall is needed, I am saying it was something he said he was going to do and he didn't.
Posted on 3/13/26 at 7:00 am to ragincajun03
You people laughed at me when I said the OT’s head would explode if they name the new bridge after Trump. This thread proves my theory.
Posted on 3/13/26 at 7:03 am to TDTOM
quote:
You people laughed at me when I said the OT’s head would explode if they name the new bridge after Trump. This thread proves my theory.
Did you mean to post this in the trump bridge thread? Weird thing to do with a non exploded head
Posted on 3/13/26 at 7:09 am to Ponchy Tiger
quote:
I have heard in recent years that the price needs to be around 2.70 a gallon for everyone to win. Does this figure still hold true? At what price above that does it become a negative for most everyone?
The gasoline price can be a moving target, because of the taxes and such depending on state.
Billy Bob Thornton wasn't completely off base with his $75-82 range thing he said on the Landman show. I'd signed up today for $77/bbl oil steady for the next three years, rather than huge swings back and forth.
Comparing EIA monthly WTI and gasoline average data, when WTI averaged $75.74 per barrel for January 2025, the national gasoline price average was $3.076/gallon, and the Louisiana average for that month per Google AI was between $2.65-$2.77/gallon.
So if you're $2.70 figure is more for Gulf Coast region states like LA, MS, TX...it's probably a pretty good spot. I think the oil & gas industry would sign up for $75-79 for the next few years, giving predictability that is tough to have when you swing from as high as $85 in 2024, then as low as $58 in 2025, then now...potentially going to average back in the 80s for the month of March 2026.
Posted on 3/13/26 at 7:09 am to ragincajun03
quote:
President Donald Trump said that America benefits when oil prices increase because the nation is the world's biggest oil producer,
Don’t piss on my leg and tell me it’s raining.
Oilfield corporations and companies benefit, but America at large does not. Cheaper oil and gas makes everything downstream of O&G (damn near everything) less expensive, which is better for every day people
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