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re: $77/barrel - “something big is happening”

Posted on 3/10/26 at 2:34 pm to
Posted by Judnnc
Member since Jun 2025
613 posts
Posted on 3/10/26 at 2:34 pm to
quote:

Are you implying that businesses wait to raise the prices until they receive a higher priced shipment?


This here is the winning sentence on this board all week.
Posted by deltaland
Member since Mar 2011
102502 posts
Posted on 3/10/26 at 2:34 pm to
quote:

Let's see if the price at the pump falls as rapidly as it rose. Nawwwww.


That shite is criminal

Oil was at 90+ dollars for less than 48 hours but they’ll have gas prices at that equivalent level for 3 weeks then gradually drop it a nickel a week
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
77323 posts
Posted on 3/10/26 at 2:35 pm to
quote:

Further, why would globalists want to support Iran in this?

quote:

It’s the neocon globalists who want forever wars to force countries like Iran and Ukraine into the NWO.

The collective boogeyman that Iran presented on the world stage kept the other forces in constant, profitable opposition for the last nearly 50 years.
Posted by whereishobson
Member since Dec 2012
645 posts
Posted on 3/10/26 at 2:37 pm to
They cut production bc there is nowhere for the oil to go. The holding tanks and shipping tanks are all full. No one is moving oil, oil stops pumping.
Posted by deltaland
Member since Mar 2011
102502 posts
Posted on 3/10/26 at 2:37 pm to
quote:

You realize that you won’t see it at the pump until that business gets a new fuel shipment with the lower prices. They aren’t going to take a loss on the fuel already in their tanks.


Then why did they raise prices immediately after oil jumped instead of waiting until a new fuel shipment with higher prices came in?

The high prices lasted so short a timeframe that most gas stations likely won’t even get a shipment that reflects 120 dollar oil
Posted by Harvey Vortac
MidCity
Member since Aug 2024
286 posts
Posted on 3/10/26 at 2:37 pm to
No but the stations will certainly raise prices immediately on fuel already purchased at lower costs.

It’s probably the only time they can increase their margins.
Posted by whereishobson
Member since Dec 2012
645 posts
Posted on 3/10/26 at 2:39 pm to
Price gouging laws stop this.
Posted by KCT
Psalm 23:5
Member since Feb 2010
49652 posts
Posted on 3/10/26 at 2:43 pm to
quote:

Sorry Panicans.


Almost 11 years in and they still don't have him? If I didn't know better, I'd swear this man has divine protection.
Posted by PurpleCrush
ATL
Member since May 2014
2430 posts
Posted on 3/10/26 at 2:46 pm to
Right back where we were weeks ago except we spent billions to be here again.
Posted by Sweep Da Leg
Member since Sep 2013
3383 posts
Posted on 3/10/26 at 2:46 pm to
quote:

Penrod


This is the second thread where you jumped in head first to defend the globalist insurance mafia. You sound stupid maybe take a break
Posted by rob0710
LA
Member since Oct 2004
1250 posts
Posted on 3/10/26 at 2:48 pm to
quote:

You realize that you won’t see it at the pump until that business gets a new fuel shipment with the lower prices.


Yet they said it went up instantly in anticipation of a price surge even though they had fuel in the tanks they paid cheaper for.
This post was edited on 3/10/26 at 2:50 pm
Posted by Bonkers119
Baton Rouge
Member since Dec 2015
11980 posts
Posted on 3/10/26 at 2:51 pm to
Something big was just the US Secretary of Energy manipulating the market.
Posted by shrevetigertom
Shreveport
Member since Sep 2005
4573 posts
Posted on 3/10/26 at 2:52 pm to
quote:

You realize that you won’t see it at the pump until that business gets a new fuel shipment with the lower prices. They aren’t going to take a loss on the fuel already in their tanks.
Funny how the prices jumped long before the oil they already processed was gone.

Rob0710-beat me to it.
This post was edited on 3/10/26 at 2:53 pm
Posted by whereishobson
Member since Dec 2012
645 posts
Posted on 3/10/26 at 2:54 pm to
Gasoline price gouging laws prohibit unconscionably excessive price hikes on fuel during declared states of emergency, natural disasters, or supply disruptions. These state-level laws, enforced by Attorneys General, typically penalize price increases exceeding specific thresholds (often 10–20%) over pre-emergency levels.
Posted by captainFid
Never apologize to barbarism
Member since Dec 2014
10394 posts
Posted on 3/10/26 at 2:55 pm to
quote:

That shite is criminal

Oil was at 90+ dollars for less than 48 hours but they’ll have gas prices at that equivalent level for 3 weeks then gradually drop it a nickel a week


I agree but I learned years ago.... volatility in oil (and perhaps other markets) is always paid for by the end consumer.

In exchange, stability (and eventually) lower gas prices from competition are our benefit, long term.


Posted by Sam Quint
Member since Sep 2022
8724 posts
Posted on 3/10/26 at 2:55 pm to
quote:

That shite is criminal

Oil was at 90+ dollars for less than 48 hours but they’ll have gas prices at that equivalent level for 3 weeks then gradually drop it a nickel a week

i'm as capitalist as they come but this shite is infuriating every time it happens.
Posted by Big Scrub TX
Member since Dec 2013
39794 posts
Posted on 3/10/26 at 2:57 pm to
quote:

extra profit
wut
Posted by Big Scrub TX
Member since Dec 2013
39794 posts
Posted on 3/10/26 at 2:58 pm to
quote:


Yet they said it went up instantly in anticipation of a price surge even though they had fuel in the tanks they paid cheaper for.
That's an extremely facile way to look at it.
Posted by loogaroo
Welsh
Member since Dec 2005
41990 posts
Posted on 3/10/26 at 3:00 pm to
It’s like raising prices on the Gulf Coast when the hurricane is still in the Atlantic.
Posted by Boomdaddy65201
BoCoMo
Member since Mar 2020
4488 posts
Posted on 3/10/26 at 3:01 pm to
We have a POTUS who get’s it and is working for the betterment of you, your fellow Americans, and our country. Compliments of a Cajunangelle…Concise.

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