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re: Just noticed that gas prices have jumped about 15 cents per gallon in the last few days?

Posted on 1/9/21 at 10:54 am to
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 1/9/21 at 10:54 am to
quote:

Almost as if they know what the incoming adminstration plans to do


No these plans pre-date and they explore around the world. They’re saying despite the rise in prices from $40 to 48-49, they’re not going to ramp up the existing plan. This was a factor in the bump to $52.

Basically we’re back to where we were right before COVID and about $89 off April 2020 lows.
This post was edited on 1/9/21 at 10:56 am
Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 1/9/21 at 10:58 am to
quote:

I'm in the O&G industry. I want it to be at least $60/barrel for job security. It's currently at $52. A couple of months ago it was below $40




downvotes? why are there are people on here that want me to lose my job so they can save a few cents at the pump?
Posted by LNCHBOX
70448
Member since Jun 2009
84068 posts
Posted on 1/9/21 at 11:04 am to
quote:

No


So Trump gets credit for the stock market until he's out of office then?
Posted by tjohn deaux
GA
Member since Feb 2007
10173 posts
Posted on 1/9/21 at 11:08 am to
quote:

So you don't understand how stricter Federal regulations and threats of strict regulations,for drilling and getting fuel to market, cause gas prices to rise drastically?

It's more like intentional ignorance.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 1/9/21 at 11:19 am to
quote:

So Trump gets credit for the stock market until he's out of office then?


Presidents don’t get credit/blame for how the casino, which is disconnected from the economy, performs.
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