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Posted on 10/26/21 at 9:57 pm to Cajun67
Impressive there’s not one mention of China in this thread
Posted on 10/26/21 at 10:03 pm to Catchfalaya
The Bush Family was making sure to take good care of their Saudi Pals.
Posted on 10/26/21 at 10:27 pm to pointman
quote:
For one thing the prices went up during OBAMA. Not Bush. Get your shite straight.
LINK-Forbes
This post was edited on 10/26/21 at 10:28 pm
Posted on 10/26/21 at 10:56 pm to LSUconvert
quote:
The letter next to their name.
Imagine believing there have been no technological advancements in obtaining raw fuel materials in 13 years.
This post was edited on 10/26/21 at 10:57 pm
Posted on 10/27/21 at 7:08 am to LSUconvert
quote:
You do not understand how gas prices work. Please talk about something you have more knowledge in.
You didnt do too well in the ole economics class did ya?
I would be interested, as well as the board, on your thoughts regarding the aforementioned, please enlighten us.
Posted on 10/27/21 at 7:11 am to hogcard1964
quote:
Biden wants to hurt the country. Bush didn't.
No doubt Biden wants to destroy America but Bush was a snake in the grass who was not what he presented himself to be. The Bush family is far too cozy with the Clintons and Obama. Time has proven Bush is a member of the same team, he just wears a different color uniform.
Posted on 10/27/21 at 7:38 am to David_DJS
quote:
quote:
U.S. became the swing barrel on the supply side not because of any regulation or leasing, it was mostly due to fracking technology improvements and banks willing to lend at low interest rates without really ever making a profit. That is why prices were low the past 8 years or so.
Did the fracking technology and low interest rates sunset?
What frickin moron wrote that article "banks willing to lend without making a profit"?????? obviously written for an eight year old. Banks may lend making little on a libor rate today, but they expect double or triple tomorrow.
Posted on 10/27/21 at 7:44 am to RolltidePA
quote:
I’m involved in finance and work very closely with those who specialize in commodities, specifically oil and gas. I can say with utmost confidence that they strongly disagree with your assertion.
I believe you are mixing apples and oranges, commodities pricing on a daily basis has little to do with strategic decisions which affect domestic production further out on the horizon.
bidens decisions have impacted the overall upward trend in pricing, there is no denying that.
Posted on 10/27/21 at 7:46 am to Catchfalaya
Bush's high gas prices weren't a deliberate attempt to sabotage the oil and gas industry in the name of the natural phenomenon of climate change. GWB didn't really do squat to increase domestic production, but he wasn't out to destroy the industry to appease the hard left and environmentalist zealots.
Posted on 10/27/21 at 8:50 am to lsufan31
quote:That's a terrible article. It's like you have no idea what you're talking about. Almost like you can't recall that oil prices were negative in April '20
Actually, your boy trump tried to raise gas prices, by getting involved in negotiations on capping oil production in the Middle East. His words were something to the effect of lower gas prices were a sign of a bad economy. Look it up.
Here’s a nice article about it: The actual reason for higher gas prices
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