F**K Joe Biden
Mar 8, 2022 14:18:59 #
BlackRipleyDog wrote:
It was $3.54 two days ago!
Yeah baby. More of that Russian oil. Up 10 cents in one day. All thanks to our Commader-In-Chief Mr. Potatoe Head Biden.
Mar 8, 2022 14:23:08 #
Shutterbug1697
Loc: Northeast
BlackRipleyDog wrote:
Yeah baby. More of that Russian oil. Up 10 cents in one day. All thanks to our Commader-In-Chief Mr. Potatoe Head Biden.
You're absolutely WRONG,
It's all about corporate GREED!
Last year oil companies chose to buy back stock and pay shareholders more money than they could ever spend.
Mar 8, 2022 15:12:43 #
Shutterbug1697 wrote:
You're absolutely WRONG,
It's all about corporate GREED!
Last year oil companies chose to buy back stock and pay shareholders more money than they could ever spend.
It's all about corporate GREED!
Last year oil companies chose to buy back stock and pay shareholders more money than they could ever spend.
You have zero understanding how this works. Today 's price per gallon is exactly twice what I paid the last time under Trump. I remember as I was eagerly seeing how far under $2.00 it would go.
Mar 8, 2022 16:16:51 #
thom w
Loc: San Jose, CA
InfiniteISO wrote:
Is it time to invest in a gas price sign company? I think the 9/10 is hard-coded into the display. This means they can't display any price above $9.99 9/10. What are they going to do when it goes above $10/gal?
Go metric and price it by the litre. That's what many diid when gas jumped from 30 cents to over $2.00.
Mar 8, 2022 16:20:01 #
thom w
Loc: San Jose, CA
Shutterbug1697 wrote:
There are currently 9,000, count them, 9,000 approved leases which oil companies are not currently drilling on.
Go after the oil companies to start drilling.
The Biden Administration doesn't control when oil companies will drill on the leased properties, the oil companies control the timelines of their own drilling operations!
Go after the oil companies to start drilling.
The Biden Administration doesn't control when oil companies will drill on the leased properties, the oil companies control the timelines of their own drilling operations!
As the price goes up that will take care of itself. Wells that aren't sustainable at $50 a barrell, make lots of sense at $130 a barrell.
Mar 8, 2022 16:24:10 #
thom w
Loc: San Jose, CA
Triple G wrote:
Even oil industry representatives aren’t stating t... (show quote)
Where are the pictures of Biden playing with an orb? I sure haven't seen any.
Mar 8, 2022 17:02:47 #
thom w wrote:
As the price goes up that will take care of itself. Wells that aren't sustainable at $50 a barrell, make lots of sense at $130 a barrell.
You are wrong. Not really going to get into it but your numbers are way off. We have not seen $130 for years until now.
Mar 8, 2022 17:51:01 #
Shutterbug1697
Loc: Northeast
BlackRipleyDog wrote:
You have zero understanding how this works. Today 's price per gallon is exactly twice what I paid the last time under Trump. I remember as I was eagerly seeing how far under $2.00 it would go.
That was during the Pandemic when supply outpaced demand.
There was a glut of oil and gas on the market in 2020 because people weren't driving anywhere!
Keep dreaming, you're going to be hard pressed to see prices that low again in your lifetime.
I'll settle for gas in the mid to upper $2 range once the world can get rid of the war criminal, Putin.
But it's likely to settle around the low to mid $3 range.
Right now the huge spikes are price gouging.
Don't be surprised to see President Biden request an extended investigation into the high gasoline prices. This would be in addition to the FTC probe he requested back on November 17, 2021.
Gas is priced based on "futures" and for the "futures" pricing you're seeing today, the oil and gas won't hit our shores for several weeks, if not longer.
So those HUGE spikes we're seeing at the pumps today should be based on "futures" pricing from a few weeks ago.
Oil companies are jacking up prices prematurely.
Mar 8, 2022 18:28:16 #
Triple G wrote:
I didn't agree with Trumps border policies and oth... (show quote)
The important laws are not being enforced. We need to start with the employees that hired illegal immigrants. E verify should be national law.
Mar 8, 2022 18:30:13 #
Blurryeyed wrote:
You are wrong. Not really going to get into it but your numbers are way off. We have not seen $130 for years until now.
Did you read what he said ??
Mar 8, 2022 18:43:48 #
DennyT wrote:
The important laws are not being enforced. We need to start with the employees that hired illegal immigrants. E verify should be national law.
I agree totally!
Mar 8, 2022 18:55:37 #
BlackRipleyDog wrote:
It was $3.54 two days ago!
Just paid $5.50 a gallon for diesel. $150.00 to top of the tank with 27 gallons. Biden bimbo's who voted for Brandon gave us this traitor.
Mar 8, 2022 19:02:55 #
DennyT wrote:
Did you read what he said ??
Yes, he said that oil is not profitable at $50/barrel but at $130 it is, I am pretty certain that oil is profitable in the $50 range and that we usually see it in the $50 to $60 range at times bumping up to $65 and of course I am talking about pre-recovery prices.
Here are some historical prices....
https://inflationdata.com/articles/inflation-adjusted-prices/historical-crude-oil-prices-table/
Mar 8, 2022 19:14:06 #
Blurryeyed wrote:
Yes, he said that oil is not profitable at $50/barrel but at $130 it is, I am pretty certain that oil is profitable in the $50 range and that we usually see it in the $50 to $60 range at times bumping up to $65 and of course I am talking about pre-recovery prices.
Here are some historical prices....
https://inflationdata.com/articles/inflation-adjusted-prices/historical-crude-oil-prices-table/
Here are some historical prices....
https://inflationdata.com/articles/inflation-adjusted-prices/historical-crude-oil-prices-table/
He didn’t say that. He said that some well are not profitable at 50. But are at 130
The only drawback to shuttered wells is the lack of labor and equipment to restart.
https://www.worldoil.com/news/2020/5/5/challenge-lies-in-choosing-which-wells-to-shut-in-amid-the-oil-downturn
Mar 8, 2022 19:14:58 #
Shutterbug1697
Loc: Northeast
Checkmate wrote:
Just paid $5.50 a gallon for diesel. $150.00 to top of the tank with 27 gallons. Biden bimbo's who voted for Brandon gave us this traitor.
27 gallons?
What are you driving?
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