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re: Post election oil and gasoline prices plummeting.

Posted on 11/21/22 at 4:25 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37043 posts
Posted on 11/21/22 at 4:25 pm to
Slowing economy

Less driving in winter
Posted by tjv305
Member since May 2015
12511 posts
Posted on 11/21/22 at 5:22 pm to
Come back next year when gas prices are at record highs .
Posted by imjustafatkid
Alabama
Member since Dec 2011
50380 posts
Posted on 11/21/22 at 5:24 pm to
3.80 to 3.60?

That's not really much of a fall, but ok I guess. Definitely not anything to be celebrating. Get back to me when it gets back closer to $2.
This post was edited on 11/21/22 at 5:25 pm
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 11/21/22 at 5:27 pm to
quote:

What happened?


God Bless President Biden
Posted by imjustafatkid
Alabama
Member since Dec 2011
50380 posts
Posted on 11/21/22 at 5:37 pm to
quote:

God Bless President Biden


Which policies of Biden's, specifically, do you believe would lead to lower gas prices?
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 11/21/22 at 5:39 pm to
quote:

would lead to lower gas prices?



Did you mean "did lower"
Posted by imjustafatkid
Alabama
Member since Dec 2011
50380 posts
Posted on 11/21/22 at 5:41 pm to
quote:

Did you mean "did lower"


No, but if you can point to something specific he did that "did" lower gas prices, then by all means.
This post was edited on 11/21/22 at 5:53 pm
Posted by DMAN1968
Member since Apr 2019
10144 posts
Posted on 11/21/22 at 5:44 pm to
quote:

would lead to lower gas prices?


Did you mean "did lower"


Remind me again what gas prices were when Mr. potato head took office.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 11/21/22 at 6:40 pm to
quote:

Same crap you pull with global warming


About as accurate as your interpretation of musk’s contract to purchase Twitter, you utter fricking, no doubt drooling moron.
Posted by Htownbayubengal
Houston
Member since Oct 2022
1406 posts
Posted on 11/21/22 at 7:00 pm to
I always assumed you were a woman. That's not a good thing. Also, a lot early to be celebrating. Prices will go up. Watch. And while you are celebrating, how were the prices on 1-6-21?
Posted by Htownbayubengal
Houston
Member since Oct 2022
1406 posts
Posted on 11/21/22 at 7:03 pm to
Good god you can't be this brainwashed or stupid, can you?

To answer question, he used the emergency supply to artificially lower gas prices. It can't be maintained. You know that already though if you aren't stupid.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 11/21/22 at 7:25 pm to
quote:

Prices will go up.


I sincerely hope so fa gg ot!
Posted by Bass Tiger
Member since Oct 2014
46003 posts
Posted on 11/21/22 at 7:29 pm to
In the KC metro gasoline prices have been in a range from $3.19 to $3.69/gallon for the past 3-4 months…..today I saw a lot of $3.29/gallon which is pretty much what gasoline has been the past several weeks.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 11/21/22 at 7:51 pm to
quote:

That's not really much of a fall, but ok I guess.


I thought prices were going to shoot back up after the midterms?
Posted by Trevaylin
south texas
Member since Feb 2019
5805 posts
Posted on 11/21/22 at 8:08 pm to


generally two gallons of gasoline are produced for every one gallon of diesel.
Posted by BamaScoop
Panama City Beach, Florida
Member since May 2007
53816 posts
Posted on 11/21/22 at 8:10 pm to
They drop gas so they can go up of energy for heating. They take your money one way or another.
Posted by OU Guy
Member since Feb 2022
8078 posts
Posted on 11/21/22 at 9:36 pm to
There is gas at pump price then there is futures. With futures:

Price drives narrative even more than it used to in a market dominated by algorithmic trading.

SAUDI ENERGY MINISTER ABDULAZIZ: THE CURRENT CUT OF 2 MILLION BPD WILL BE MAINTAINED UNTIL THE END OF 2023; IF ADDITIONAL MEASURES ARE REQUIRED TO BALANCE SUPPLY AND DEMAND, WE WILL BE READY TO INTERVENE - STATE NEWS AGENCY.

OPEC++ intact


After today's wild ride it may be a good time for a reminder: If you have done the work & have conviction that your thesis is correct then volatility is not to be feared but embraced as opportunity. If you fail to do the work you won't have conviction when you need it most
Posted by dafif
Member since Jan 2019
5545 posts
Posted on 11/22/22 at 6:55 pm to
quote:

About as accurate as your interpretation of musk’s contract to purchase Twitter,


I was 100% correct on the legal interpretation to purchase you idiot. Feel free to point out where I was wrong with my legal interpretation and, as you can see, he owns it.

You really are stupid aren’t you?
Posted by Madking
Member since Apr 2016
47799 posts
Posted on 11/22/22 at 7:46 pm to
Liar, everything went up 25-60% since Election Day where I live.
Posted by Squier
Member since Aug 2021
25 posts
Posted on 11/22/22 at 8:06 pm to
quote:

What happened?


Is this the part of the presidency where he can control gas prices?
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