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re: $2.79 a gallon this morning... .Biden might be back in my mix again. Or Harris, whatevs
Posted on 9/5/24 at 3:23 pm to Fat Bastard
Posted on 9/5/24 at 3:23 pm to Fat Bastard
quote:
by Fat Bastard
Why or how are you so confident Trump wins? Polls seem like it’s very tight
1
Posted on 9/5/24 at 3:41 pm to bluestem75
And yet we know have 650 rigs on average drilling now and had 250 rigs drilling when trump left office…and are at peak production now…
Maybe it is supply and demand instead of politics?
Maybe it is supply and demand instead of politics?
Posted on 9/5/24 at 3:42 pm to Meauxjeaux
Recession incoming, demand is way down, not only seasonal here, but globally… We are going to crash in the next few months, so gas going down, just like cigarette demand has just plummeted, these aren’t good economic signs… Dems have drove us off the cliff, just bookmark this after the election
Posted on 9/5/24 at 3:43 pm to shoelessjoe
if he is "SO SURE" then he will take my bet.....right?
where is he? he is a shite talking commie is what he is and i called his sorry arse out.
where is he? he is a shite talking commie is what he is and i called his sorry arse out.
Posted on 9/5/24 at 3:54 pm to Meauxjeaux
quote:
j/k I've never looked D.
I have.
Posted on 9/7/24 at 10:08 am to Meauxjeaux
I was about to say, it's part of their agenda to earn "votes." They "win,", it would be back up the day after the "election."
Posted on 9/7/24 at 10:12 am to Bunk Moreland
If the DEMS pull the swing state cheat, Kamala wins.
Fair election, Trump wins.
Fair election, Trump wins.
Posted on 9/7/24 at 10:15 am to TigerSooner
quote:
I was about to say, it's part of their agenda to earn "votes." They "win,", it would be back up the day after the "election."
So the DNC is forcing oil companies to sell their barrels of oil for less money and forcing gas stations to keep gasoline prices low until after the election?
Is that's what's going on?
Posted on 9/7/24 at 10:19 am to Thecoz
quote:
And yet we know have 650 rigs on average drilling now and had 250 rigs drilling when trump left office…and are at peak production now…
quote:
Although the rig count has rebounded under President Biden from the pandemic lows, it remains lower than in previous years. Biden’s administration has averaged 500 rigs, compared to 666 under Trump and 909 under Obama. Despite this, average oil production under Biden has been 12.2 million barrels per day (BPD), compared to 11.0 million BPD under Trump and 7.2 million BPD under Obama.
This discrepancy highlights that the rig count is a poor short-term predictor of oil production, as it reflects a complex interplay of oil prices, technological advancements, and evolving strategies by oil companies focused on fiscal discipline.
In conclusion, interpreting rig count data without considering the broader context can lead to misleading conclusions. Rig count data is part of a larger puzzle that includes oil prices, technological development, and a shift in strategies by oil companies determined to demonstrate more fiscal discipline.
LINK
Posted on 9/7/24 at 10:39 am to Meauxjeaux
Gas is decreasing because the economy is tanking, and supply is up because of nonuse.
Posted on 9/7/24 at 10:40 am to Meauxjeaux
Gas is decreasing because the economy is tanking, and supply is up because of nonuse.
Posted on 9/7/24 at 10:40 am to Meauxjeaux
Gas is decreasing because the economy is tanking, and supply is up because of nonuse.
Posted on 9/7/24 at 10:44 am to Enadious
quote:
Gas is decreasing because the economy is tanking, and supply is up because of nonuse.
Of course, just like when gasoline prices tanked in Q1/Q2 2020, Q4 2015-Q1 2016, and Q4 2008 into Q1 2009.
I hope we don't see a hard enough recession again to put gasoline under $2/gallon national average, because that would likely mean decreased commerce and increased unemployment.
Posted on 9/7/24 at 11:49 am to Bunk Moreland
bunk you are a fool - Trump will win this like Regan did his second term
LANDSLIDE
LANDSLIDE
Posted on 9/7/24 at 11:51 am to Meauxjeaux
False positive
Posted on 9/7/24 at 12:35 pm to Meauxjeaux
Thank you Vice President Kamala Harris!
Posted on 9/7/24 at 12:43 pm to Meauxjeaux
quote:
About another .40 off and I'm looking hard D again. j/k I've never looked D. Don't do D.
Weird isn't it? It's almost like some invisible hand is setting the table for a Kackles victory.
Posted on 9/7/24 at 2:25 pm to NoMoreKnees
quote:
Jar of mayonnaise is $6.00!
I can beat that. $2.50 for a glass of ice tea around here.
Posted on 9/7/24 at 2:49 pm to bluestem75
When you consider inflation it’s probably cheaper than when Trump was in office
Posted on 9/7/24 at 2:49 pm to Meauxjeaux
Strategic Petroleum Reserve getting wrecked
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