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Started By
Message
re: Gas prices will continue to drop…
Posted on 8/6/22 at 6:56 am to trinidadtiger
Posted on 8/6/22 at 6:56 am to trinidadtiger
Oil refineries start their maintenance activities in October. Production will be down and prices will stay up.
Posted on 8/6/22 at 7:20 am to TDFreak
I won’t be satisfied until it’s at Trump era prices.
Posted on 8/6/22 at 7:25 am to offshoreangler
I know when RVP season is. Just saying it’s not the “summer demand” everyone talks about driving the price change.
Posted on 8/6/22 at 7:39 am to RobertFootball
quote:
If the president doesn’t control the prices when they go up (according to the left) then he sure as shite doesn’t get credit when they drop
Do you see the hypocrisy in this? Let me change your statement:
quote:
If the president controls the prices when they go up (according to the right) then he sure as shite gets credit when they drop
Or we could all believe the reality that I explained when you were all blaming Biden for spiking gasoline prices, which was that Biden had little to do with them. They spiked because during the pandemic there was almost no demand, so producers and refiners cut back on production capacity due to decreased spending on O&M and capital projects. When demand surged back, supply was caught flat-footed.
Biden’s policies, to the extent they had any effect, were bad. However, in this short term they were not significant. In the long term they will result in high gasoline prices; that is their stated goal.
Posted on 8/6/22 at 7:44 am to Penrod
quote:
However, in this short term they were not significant.
This depends on how much you choose to believe Biden’s regime was a driver in the Ukraine war.
Either way they are trying to blame Putin for the price going up and trying to take credit for it going down. It’s ludicrous
Posted on 8/6/22 at 7:54 am to TDFreak
Nah, crops are about to be harvested and prices going through roof, add in this other trillion “reduce inflation and taxes BS and it goes extraordinary high
Posted on 8/6/22 at 8:09 am to TDFreak
The democrats hold the reigns of power in Washington. The economy always improves before an election. Especially an election where there is a chance they will lose power.
Remember they steal elections and they scrub economic data.
“America is a nation that can be defined in a single word… Alsdfnnalcaofieajlskdfa!” - Creepy Joe Biden
Remember they steal elections and they scrub economic data.
“America is a nation that can be defined in a single word… Alsdfnnalcaofieajlskdfa!” - Creepy Joe Biden
Posted on 8/6/22 at 8:16 am to RobertFootball
Correct and good. We need to get off gas.
Posted on 8/6/22 at 8:26 am to Zarkinletch416
quote:
they steal elections
let's share examples how its done.
AG Barr says its all b.s.
Sidney Powell says she made it up. please don't disbar me, no one could believe that story.
now you.
Posted on 8/6/22 at 8:28 am to Zarkinletch416
USA is using its oil savings (Strategic Petroleum Reserve) to the tune of 1,000,000 bpd. Regardless where its going (thats a joke too) its dumping daily.
This will go into Oct its called Midterm Oil. The Drooler in Chief will then need to refill it and stated he’d start this fall.
Not only will we take 1,000,000 bpd off the market we’re going to start buying 500,000 to 1,000,000 from market to refill SPR.
Anyone can see where this is going. The cost will increase this fall. We purchased a good chunk of SPR oil at really good prices too, all wasted for an election.
SPR was for emergancies and the radical commie lefties stole it to prop up Nov elections. Imagine a bad hurricane season taking out some oil patch thats one thing its for. Or needed in defense of country if imported oil is cut off (Persion Gulf).
We are using up our savings purely for politics. And will spend a ton more to buy it back at sky high prices.
The trading market is going both ways some think recession will slow oil needs and some don’t think the recession will be as bad. But physical oil is still low and once we turn SPR off thats 1m bpd less for market.
This admin didn’t lie they hate oil and will keep trying to stop it. Keystine pipeline was a day one stoppage. With so much uncertainty not all oil industry wants to spend a ton of capex they need returns on that cost.
Its amazing how fast the left ruined America. But she’s worth fighting for and Nov elections are important. You must go and vote these commies out!
This will go into Oct its called Midterm Oil. The Drooler in Chief will then need to refill it and stated he’d start this fall.
Not only will we take 1,000,000 bpd off the market we’re going to start buying 500,000 to 1,000,000 from market to refill SPR.
Anyone can see where this is going. The cost will increase this fall. We purchased a good chunk of SPR oil at really good prices too, all wasted for an election.
SPR was for emergancies and the radical commie lefties stole it to prop up Nov elections. Imagine a bad hurricane season taking out some oil patch thats one thing its for. Or needed in defense of country if imported oil is cut off (Persion Gulf).
We are using up our savings purely for politics. And will spend a ton more to buy it back at sky high prices.
The trading market is going both ways some think recession will slow oil needs and some don’t think the recession will be as bad. But physical oil is still low and once we turn SPR off thats 1m bpd less for market.
This admin didn’t lie they hate oil and will keep trying to stop it. Keystine pipeline was a day one stoppage. With so much uncertainty not all oil industry wants to spend a ton of capex they need returns on that cost.
Its amazing how fast the left ruined America. But she’s worth fighting for and Nov elections are important. You must go and vote these commies out!
This post was edited on 8/6/22 at 8:37 am
Posted on 8/6/22 at 8:40 am to TDFreak
Same goes for the stock market.
Posted on 8/6/22 at 8:43 am to momentoftruth87
quote:
Lol. Try again
So what did Brandon do?
Posted on 8/6/22 at 9:48 am to TDFreak
This is rigged, Biden didn't make prices go down and everyone knows it. He made them go up though.
Posted on 8/6/22 at 10:19 am to TDFreak
quote:Do you really think he's not going to spin it into his own creation?
Nothing special Brandon did.
Posted on 8/6/22 at 10:24 am to TDFreak
They will be back to $5 plus a gallon as soon as midterms are done.
Posted on 8/6/22 at 10:45 am to Rossberg02
quote:
It’s not waning demand
Oh, I agree. The demand is definitely there.
But the average American drastically cut out a shitload of driving because they couldn't afford to refill their tank.
Right before Trump left office, Mrs. Axe could fill her car from empty for $29. That became $69 a month ago, and is $52 now. I'm not fricking celebrating.
I sure as hell hope gas prices continue to fall, but I don't understand how Potato Brandon can even pretend to take credit for it, when he and his fraudulently installed administration claimed they had no control over energy prices when they were spiking... but now they want to say "see, we did it, we made gasoline "affordable" again!"
Posted on 8/6/22 at 10:49 am to TDFreak
IMO, if he doesn't FULLY open oil/gas drilling here inthe USA, he is an idiot.....if he did, he would gain serious support.
But he is too stupid, and too financially invested in the green deal.
Unfortunately, the majority of the US population is not aware of the real facts.
But he is too stupid, and too financially invested in the green deal.
Unfortunately, the majority of the US population is not aware of the real facts.
Posted on 8/6/22 at 10:49 am to RobertFootball
It’s similar to these assholes taking credit for jobs and economy after their manufactured virus crisis destroyed the most roaring economy in our history.
Dem policies resulted in highest prices ever. Since they’ve gone down some -yay dems look how we brought the prices down, added jobs, etc
Dem policies resulted in highest prices ever. Since they’ve gone down some -yay dems look how we brought the prices down, added jobs, etc
Posted on 8/6/22 at 11:06 am to cssamerican
quote:yeah China needs more of our oil….ffs
They are also using the strategic oil reserves to put a million barrels of oil in the market every day. That ends in October.
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