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Posted on 2/3/21 at 5:11 pm to Mickey Goldmill
quote:
The price of crude oil completely tanked back in March. It's slowly been going back up since then. That is good for the O&G industry in Russia, Venezuela, and Iran under the communist dictatorship in DC.
FIFY
Posted on 2/3/21 at 5:16 pm to jimmy the leg
Yeah, the US oil and gas industry really thrives in low price environments. 
Posted on 2/3/21 at 5:19 pm to Riolobo
quote:
Gas up over 50 cents a gallon since election
So most of it happened under Trump's presidency.
Posted on 2/3/21 at 5:29 pm to cwill
quote:
Yeah, the US oil and gas industry really thrives in low price environments.
it really thrives when lipelines are shut down, drilling is made illegal, etc as well
Posted on 2/3/21 at 5:33 pm to Riolobo
It's gone up over 30 cents in South Cackalacky, which is where I fill up most of the time.
NC and it's punitive gas tax can lick my taint.
NC and it's punitive gas tax can lick my taint.
Posted on 2/3/21 at 5:37 pm to Riolobo
-Biden
Posted on 2/3/21 at 5:46 pm to Alter X
quote:
Nothing to do with the election. Supply is down so prices will rise.
Why is supply down? Why are they not hopeful our supply rebuilds rapidly like it has before?
That has VERY much to do with the election.
You think this massive spike in price is a coincidence, and EOs concerning the Keystone XL pipeline and cancelling drilling on federal lands (about 25% of our domestic product) have nothing to do with it?
Posted on 2/3/21 at 5:55 pm to Riolobo
quote:
At the local gas station. 1.60 to 2.11 in less than 3 months.
Good! I hope it gets to $10/gallon. Frick this stupid country.
Posted on 2/3/21 at 5:55 pm to Riolobo
Why does everyone hate the oil and gas industry and expect them all to work for nothing so they can have $1 gas?
Posted on 2/3/21 at 6:08 pm to RazorBroncs
quote:
You think this massive spike in price is a coincidence, and EOs concerning the Keystone XL pipeline and cancelling drilling on federal lands (about 25% of our domestic product) have nothing to do with it?
It is useful when the idiots make themselves easy to spot, these days a sure sign is the mention of Keystone XL in any relationship with current prices.
Posted on 2/3/21 at 6:20 pm to cave canem
So... Obama president and gas prices skyrocketed Trump wins and gas prices go down tremendously. Biden wins and prices rise sharply but hey.... keep finding other reasons and justifications because gas prices rising always correlate.
Try going back a few years... ME price per barrel rises and next day gas prices go up... coincidence...
Try going back a few years... ME price per barrel rises and next day gas prices go up... coincidence...
Posted on 2/3/21 at 6:23 pm to LNCHBOX
quote:
the usual suspects will be here along shortly to tell you all of this was going to happen regardless of the election.
It took one fricking post after yours.
Posted on 2/3/21 at 6:25 pm to cave canem
quote:
It is useful when the idiots make themselves easy to spot, these days a sure sign is the mention of Keystone XL in any relationship with current prices.
Hey dipshit, you don't think the package of behaviors by this administration affects the future expectations for the price of oil, which are part of the current price?
Posted on 2/3/21 at 6:26 pm to Alter X
quote:
Supply is down so prices will rise.
Has demand suddenly spiked to normal levels?
Because that would be the only way that makes sense.
Posted on 2/3/21 at 6:28 pm to dafif
quote:
So... Obama president and gas prices skyrocketed Trump wins and gas prices go down tremendously. Biden wins and prices rise sharply but hey.... keep finding other reasons and justifications because gas prices rising always correlate.
You’re giving the president way too much credit for oil prices. It’s commodity pricing, there’s a lot more that goes into it than who’s in the WH.
This post was edited on 2/3/21 at 6:29 pm
Posted on 2/3/21 at 6:28 pm to cave canem
quote:
It is useful when the idiots make themselves easy to spot, these days a sure sign is the mention of Keystone XL in any relationship with current prices.
You DO realize that future production, availability, and cost of production and transportation VERY MUCH affect prices NOW, right?
Posted on 2/3/21 at 6:30 pm to billjamin
Of course there is more but just overall optimism and market influence. Bad to raise prices under trump but ok under biden. It really is that simple
Posted on 2/3/21 at 6:30 pm to gthog61
working on a project.
500 ft of 4" PVC went up an extra $500.
The suppliers says by next month the price will be double.
Construction costs going up. Thanks Biden. As if c ovid wasn't enough we have you to help provide extra layoffs.
500 ft of 4" PVC went up an extra $500.
The suppliers says by next month the price will be double.
Construction costs going up. Thanks Biden. As if c ovid wasn't enough we have you to help provide extra layoffs.
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