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Message
re: Oil price chart: Dec 18 to today..
Posted on 2/19/21 at 11:05 am to COAUTiger
Posted on 2/19/21 at 11:05 am to COAUTiger
quote:
No, we were not close.
Down from 60% to 3% net isn't close?
IF you're gonna pretend to not have bias, you'll need to be more subtle. This post was edited on 2/19/21 at 11:05 am
1
Posted on 2/19/21 at 11:05 am to jcaz
quote:
So we will pay more for gas but jobs won't pick up here. Lovely.
Don’t worry! You’ll be making more money when they increase min wage so it’ll all work out!
This post was edited on 2/19/21 at 11:06 am
Posted on 2/19/21 at 11:06 am to ForeverGator
quote:
ForeverGator
quote:
facts
Posted on 2/19/21 at 11:14 am to COAUTiger
quote:
OPEC+ control the price of oil and thus gasoline, regardless of the person in the Presidency.
So does OPEC just randomly just pick a price? Sometimes probably so but its still supply and demand.
The presidents policy does effect Supply and Demand. Therefore it effects the price OPEC selects.
So you are right, the president doesnt set the price, but its foolish to think the price is not effected by how policy is set.
Posted on 2/19/21 at 11:16 am to ForeverGator
quote:
Limitations on the oil industry isn’t necessarily a bad thing. There isn’t a flat out ban. The surplus that’s been going on is not the right way to do business and it doesn’t serve anyone any good. If anything, the surplus will destroy the industry. Spreading it out instead of letting it be a free for all is better.
Jesus fricking Christ
Posted on 2/19/21 at 11:18 am to COAUTiger
quote:
So they cannot reach $55 and just flood the market. You increase supply but demand remained the same and thus would dip the price of oil down again.
OPEC+ control the price of oil and thus gasoline, regardless of the person in the Presidency.
And LNG? Increased LNG production being utilized as alternative energy source, doesn't that decrease the demand for oil, thus lowering the price?
Posted on 2/19/21 at 11:22 am to ForeverGator
quote:
Limitations on the oil industry isn’t necessarily a bad thing. There isn’t a flat out ban. The surplus that’s been going on is not the right way to do business and it doesn’t serve anyone any good. If anything, the surplus will destroy the industry. Spreading it out instead of letting it be a free for all is better. Now, the pipeline thing is stupid, but that’s a different matter. That was shut down merely for optics and to help out warren buffet.
Holy crap you are retarded. Just admit Hiden is a frick up. Damn dude.
Posted on 2/19/21 at 11:24 am to msudawg1200
Do you have any facts or opinions to counter what I said? Clearly you don’t, so you revert to this retort because you don’t like what I said.
Posted on 2/19/21 at 11:29 am to jcaz
Well, at least lumber prices will come back down as construction screeches to a halt under Obiden.
2x4 and plywood have gone through the roof over the last 4 years.
2x4 and plywood have gone through the roof over the last 4 years.
Posted on 2/19/21 at 11:31 am to LNCHBOX
You didn't click on my link, did you. I gave you numbers, not words.
LNG does not affect it that much. Oil is used in many different ways from LNG. Oil prices rose under Trump even with LNG. Not his fault it rose but it did.
How am I biased?? I don't like the restrictions Biden is doing to US oil. I have given facts to back up everything I have written.
LNG does not affect it that much. Oil is used in many different ways from LNG. Oil prices rose under Trump even with LNG. Not his fault it rose but it did.
How am I biased?? I don't like the restrictions Biden is doing to US oil. I have given facts to back up everything I have written.
Posted on 2/19/21 at 11:31 am to ForeverGator
quote:
Do you have any facts or opinions to counter what I said? Clearly you don’t, so you revert to this retort because you don’t like what I said.
You don't have any facts either dumbass. It's your OPINION, and I gave you mine about yours.
Posted on 2/19/21 at 11:33 am to wt9
OPEC+ needs to set quotas to try to affect the international price of oil according to projected demand. I edited one of my posts to say while it costs OPEC+ much less to produce oil than the US, they heavily, heavily rely on oil to fund the government.
The presidents policy does effect Supply and Demand. Therefore it effects the price OPEC selects. - President affects US oil costs and when they can really jump into the market. But US oil is much more limited on the ppb, OPEC+ still can determine much of the role of US oil on the market. OPEC+ takes this into consideration when they are setting their quotas.
The presidents policy does effect Supply and Demand. Therefore it effects the price OPEC selects. - President affects US oil costs and when they can really jump into the market. But US oil is much more limited on the ppb, OPEC+ still can determine much of the role of US oil on the market. OPEC+ takes this into consideration when they are setting their quotas.
This post was edited on 2/19/21 at 11:41 am
Posted on 2/19/21 at 11:35 am to LSUAlum2001
Wondering when the Fed will have to take action. You have rising energy pricing and a vast amount of money in the market. Inflation is likely to take off like a rocket. I bet the Squad/progressives never got taught this very basic economic principles in their “studies” degrees.
Posted on 2/19/21 at 11:41 am to COAUTiger
quote:
The President can effect the cost to produce oil in the US. Not the price of oil on the international market.
This may be one of the most ignorant comments of TD history. Let me explain why since you have a minuscule understanding of basic economics.
1) The USA is one of the worlds largest consumers, if not the largest, of POLs.
2) POTUS can levy policies that have a dramatic impact on POLs
3) So with these facts being true then it will have a positive or negative impact on the global market.
Posted on 2/19/21 at 11:44 am to COAUTiger
quote:
You didn't click on my link, did you. I gave you numbers, not words.
I most certainly did. But I obviously already know what exports look like if I'm talking net.
You're not as subtle as you think. and I'm just gonna leave it at that.
quote:
I have given facts to back up everything I have written.
Your first post while "factual" was a half truth. Your next post didn't bother to address the positives that Trump was responsible for that I brought up. Like I said, the angle you're going for is too obvious.
Posted on 2/19/21 at 11:47 am to ABearsFanNMS
And yet the charts I supplied agree. You are calling the numbers ignorant? Not insulting you as you did me, I can explain the charts if you like.
Posted on 2/19/21 at 11:51 am to LNCHBOX
Good grief. Really?
US imported 2,482,332 x 1000 in 2019 (2020 numbers are not available yet).
Us exported 1,088,345 x 1000 in 2019.
That's a net import.
I have no political agenda. Told you before.
US imported 2,482,332 x 1000 in 2019 (2020 numbers are not available yet).
Us exported 1,088,345 x 1000 in 2019.
That's a net import.
I have no political agenda. Told you before.
Posted on 2/19/21 at 11:54 am to COAUTiger
quote:
Good grief. Really?
US imported 2,482,332 x 1000 in 2019 (2020 numbers are not available yet).
Us exported 1,088,345 x 1000 in 2019.
That's a net import.
I'm convinced you're choosing not to read, as I never said we didn't have net import in 2019.
quote:
I have no political agenda. Told you before.
Whatever you need to tell yourself.
Posted on 2/19/21 at 12:01 pm to LNCHBOX
"We were extremely close in 2019 to exporting just as much as we import, but hey don't let facts get in the way of defending Biden."
OK I will take that. Just saying we have a different definition of being extremely close to export as much as we imported. 1.393b barrels is a lot for me.
I would invite you to read my posts and see if any were political.
OK I will take that. Just saying we have a different definition of being extremely close to export as much as we imported. 1.393b barrels is a lot for me.
I would invite you to read my posts and see if any were political.
This post was edited on 2/19/21 at 12:03 pm
Posted on 2/19/21 at 12:06 pm to COAUTiger
quote:
OK I will take that. Just saying we have a different definition of being extremely close to export as much as we imported. 1.393b barrels is a lot for me.
We set a record you disingenuous hack
60% down to 3% net. That's fricking huge. quote:
I would invite you to read my posts and see if any were political.
I already have, and they are.
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