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Started By
Message
re: Our President is going to get us cheaper prices at the pump this summer!
Posted on 6/30/18 at 8:34 am to funnystuff
Posted on 6/30/18 at 8:34 am to funnystuff
quote:
There are plenty oil baws here who are very well informed on production capacity.
None of you know shite
Now he posts rueters
2
Posted on 6/30/18 at 8:34 am to Seldom Seen
I guess you and donald dont realize that would be an Opec decision not a unilateral Saudi Arabian decision.
Posted on 6/30/18 at 8:37 am to Cruiserhog
Thank god we finally have a President looking out fir Americans! Hail Trump!
Posted on 6/30/18 at 8:47 am to SDVTiger
Projection bias baw. Look it up.
Posted on 6/30/18 at 8:48 am to AggieHank86
quote:
If Texas were purple, he would not be shitting on domestic oil producers by artificially depressing prices.
Posted on 6/30/18 at 8:48 am to AggieHank86
quote:I assume that all the downvotes are for Trump, since not one of them has asserted that this post is not 100% accurate.
If Texas were purple, he would not be shitting on domestic oil producers by artificially depressing prices.
I sold 800,000 barrels of frac water last month and expect about the same this month. That ain’t happening at $40 oil.
Edit: Parmen responded while I was typing. It had all the substance that one would expect from a Parmen post.
This post was edited on 6/30/18 at 8:54 am
Posted on 6/30/18 at 8:51 am to Parmen
Parmen, do you actually believe that Trump would trade Texas’ 36 electoral votes for a $0.30 reduction in the price of gasoline. If you DO believe that, you are even dumber than I had imagined ... and that is saying somethimg.
This post was edited on 6/30/18 at 8:57 am
Posted on 6/30/18 at 8:53 am to Seldom Seen
shite I wish it would get back to $3.50-$4.00 per gallon
Posted on 6/30/18 at 8:54 am to funnystuff
Trump Derangement Syndrome. Look it up
Posted on 6/30/18 at 8:58 am to AggieHank86
quote:
Parmen, do you actually believe that Trump would trade Texas’ 36 electoral votes for a $0:30 reduction in the price of gasoline. If you DO believe that, you are even dumber than I had imagined ... and that is saying somethimg.
AggieMelt86, do you actually believe that Texas would trade their 36 electoral votes to go blue and have socialist policies thrown onto them? If you DO believe that, you are even dumber than I imagined ... and that is saying something.
Posted on 6/30/18 at 8:58 am to SDVTiger
I voted for trump and still support him dumbass
I support our president fixing our country. I don’t support you acting retarded.
I support our president fixing our country. I don’t support you acting retarded.
Posted on 6/30/18 at 9:01 am to Seldom Seen
Didn't SA announce last week they were ramping up production?
Posted on 6/30/18 at 9:04 am to Parmen
Parmen, your reading comprehension is exactly what one would expect of a two-time Obama voter.
I did not say Texas was going blue, you dimwit. I said that Trump would not be shitting upon Texas’ biggest industry, if Texas were a competitive state and he were in danger of losing those 36 EC votes.
Because you probably need even the most-obvious things explained to you in small words: A move like this could easily cost a few hundred thousand votes in Texas, and if Texas were even slightly-purple, those votes could easily alter the result of a POTUS election. Trump likes winning elections, so he would not take that risk. MAGA!
I did not say Texas was going blue, you dimwit. I said that Trump would not be shitting upon Texas’ biggest industry, if Texas were a competitive state and he were in danger of losing those 36 EC votes.
Because you probably need even the most-obvious things explained to you in small words: A move like this could easily cost a few hundred thousand votes in Texas, and if Texas were even slightly-purple, those votes could easily alter the result of a POTUS election. Trump likes winning elections, so he would not take that risk. MAGA!
This post was edited on 6/30/18 at 9:14 am
Posted on 6/30/18 at 9:04 am to SDVTiger
quote:
None of you know shite
You are perhaps the only person here as clueless as Ben Coleman.
I have been open about where I am living and what I am doing here many times since I joined this site.
Hint: I am in Saudi and in the oil business.
I long ago learned to only speak of matters on which I am at least somewhat knowledgeable, you would be well served to take note and stop cementing the fact you are a fool.
This post was edited on 6/30/18 at 9:07 am
Posted on 6/30/18 at 9:04 am to Toddy
Doesn't the oil companies have the final sayso on what they want to charge for its gas? It seems as if this debate is moot if they do.
Posted on 6/30/18 at 9:05 am to SDVTiger
quote:
Trump Derangement Syndrome. Look it up
Could we also define it as his supplicants that swallow absolutely anything he says and scream that any contrary facts are “fake”? You’re making the obamabots look reasonable.
Posted on 6/30/18 at 9:06 am to cave canem
quote:
stop cementing the fact you (SDVTiger) are a fool.
That cement set and cured long ago.
This post was edited on 6/30/18 at 9:08 am
Posted on 6/30/18 at 9:06 am to Toddy
quote:No.
Didn't SA announce last week they were ramping up production?
OPEC agreed to stick to their current production quotas.
The effect of that is some countries will be producing more because they have been pumping less than their quota allowed.
quote:
OPEC's official statement said members agreed to return to 100 percent compliance with the 2016 deal beginning on July 1.
The group said compliance reached 152 percent in May 2018, which means OPEC was cutting about 600,000 bpd more than it intended.
Ahead of the official decision, sources said the group was aiming to restore about 1 million bpd to the market.
However, industry sources familiar with the oil cartel's deliberations said the actual increase is likely to total around two-thirds of Saudi Arabia's target.
That's because some OPEC members would be unable to sufficiently ramp up crude production. Analysts say supply increases are more likely to fall in a range between 600,000 to 800,000 bpd.
LINK
Posted on 6/30/18 at 9:06 am to Homesick Tiger
quote:
Doesn't the oil companies have the final sayso on what they want to charge for its gas? It seems as if this debate is moot if they do.
What?
Posted on 6/30/18 at 9:07 am to Homesick Tiger
Ehh, sort of. But a more accurate statement would be that the market has the final sayso on the the price of gas. And increasing the supply of a good in a market is just about always going to lower the price.
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