Racmanaz Loc: Sunny Tucson!

Coward? You obviously don't even know what the word means. Lol MGYRFS

DennyT Loc: Central Missouri woods

Duh that is why I have ask you three times to speak English . Coward.
You got something to say don’t hide behind childish internet acronyms

Racmanaz Loc: Sunny Tucson!

MGYRFS, not to mention illiterate.

DennyT Loc: Central Missouri woods

I repeat

“”” Coward.
You got something to say don’t hide behind childish internet acronyms

“””

Racmanaz Loc: Sunny Tucson!

MGURRTFS lol, maroons like you don't even know English.

Harry0 Loc: Gardena, Cal

More second hand hay.
Shell just posted over 12.5 billion dollars in profit.
There's your gas price increase.
How much taxes do they pay on that?
How much subsidy do we pay them for that?

DennyT Loc: Central Missouri woods

Yesterday was go to town day.
Gas now $3.79.9

National average under $4

The drop continues as demand drop.

WNYShooter Loc: WNY

Goldman Sees US Gasoline Prices Climbing Back to $5 by Year-End

https://finance.yahoo.com/news/goldman-sees-us-gasoline-prices-160736536.html

Gasoline and oil prices should bounce back through the end of the year as the market still needs to balance rising demand and tight supplies, according to Goldman Sachs Group Inc..

Brent oil futures could go as high as $130 per barrel, with retail gasoline prices in the US surging back to about $5 per gallon, said Damien Courvalin, Goldman’s head of energy research in a Bloomberg Television interview.

These are the levels “at which we need to see sustained prices to eventually solve the market deficit,” Courvalin said.

Read more: Oil consumption to accelerate as gas crisis spurs switch, IEA says

Demand for crude is poised to rise as power generators and industrial producers switch from pricier natural gas. The combination of relatively lower prices and the continued reopening of economies should also help boost consumption. The supply outlook is aggravated by the lack of an inventory buffer for gasoline and diesel at a time when refiners are heading into their maintenance season.

Goldman earlier this week cut its Brent forecast. Futures were up more than 2% to just below $100 a barrel as of 12:07 p.m. in New York.

DennyT Loc: Central Missouri woods

$3.549 now in town


https://www.gasbuddy.com/gasprices/missouri/rolla

Racmanaz Loc: Sunny Tucson!

Ya and??

DennyT Loc: Central Missouri woods

$3.399 today in town

Racmanaz Loc: Sunny Tucson!

Ya and? What is the point of your post?

Shutterbug1697 Loc: Northeast

Gas prices are steadily coming down, destroying one of the GOP Mid-Term talking points!

Racmanaz Loc: Sunny Tucson!

NO it's not, people are already hurt and in debt due to the high gas prices they already paid for. So you think gas prices going down really justifies the prices we all already paid for and still paying for from the recent past? Gas prices are still HIGH for many people especially for the poor, not to mention high inflation rates, high food prices, high electric rates, high goods and service prices. You really think people are happy? Yes, I am glad the gas prices are going down quite a bit, but forecasts are that gas prices will go up again soon.

https://www.nbcnews.com/politics/white-house/gas-prices-are-bidens-problem-pump-isnt-going-away-rcna43810

"Gas prices are down, but Biden's problem at the pump isn't going away"
Many of the fundamental issues that drove gas prices to record levels in the summer remain as the White House searches for ways to keep them in check.

WASHINGTON — The White House used a drop in the average price of gas to below $4 last week to talk up President Joe Biden's response to record-high oil prices and push back on Republicans who blamed him for the earlier price spike.

But oil traders, industry executives and former administration officials warn that prices could easily rise again as many of the issues that contributed to the spike in early summer are still a factor, such as limited refinery capacity and uncertainty around Russia’s war in Ukraine. Current administration officials, too, have acknowledged that prices could rise again as they keep looking for ways to get more oil on the market.

Industry experts said the White House has had a limited impact on the recent decline in prices, pointing instead to fears of a recession as the Federal Reserve raises interest rates, a slight pullback in consumer demand because of earlier high prices and an uptick in global production.

The Federal Reserve right now is the main domestic actor on oil prices with higher interest rate hikes. The specter of recession is certainly in the oil market,” said Daniel Yergin, vice chairman at S&P Global and author of "The New Map: Energy, Climate and the Clash of Nations."

Administration officials have pointed to a Treasury Department analysis showing that Biden’s decision to release 180 million barrels of oil from the Strategic Petroleum Reserves contributed from 13 to 31 cents to the more than $1 drop in gas prices since their highs in June, with similar releases by other countries adding up to 11 cents more to the decline.

But there is no indication that Biden’s other efforts, like publicly shaming oil and gas companies over their record profits, calling an emergency meeting with CEOs and threatening to pull unused drilling permits, have had any effect on price or production, according to industry experts. While oil production has increased, it has done so at a pace similar to what was expected before Russia invaded Ukraine.

“There hasn’t really been a policy that we can point you to that has helped the situation. When the executives met with the White House over the last few months, their primary message was don’t make it worse,” said Geoff Moody, vice president for government relations for the American Fuel and Petrochemical Manufacturers. “There were a lot of things that they were considering that they have not done that would have really exacerbated the situation. So to the extent that they want to take credit for anything, I would say it is by not interfering.”

https://www.nbcnews.com/politics/white-house/gas-prices-are-bidens-problem-pump-isnt-going-away-rcna43810

Shutterbug1697 Loc: Northeast

Whine, whine, whine!