Anyone capable of discussing gas without politics? Anyone?

[JohnnyCockfight]

I know this isn't the proper forum to get in to this, but I think that you are both making very valid points. I would also add a third - out country printed printed A LOT of new money during the pandemic (see: 40% of US dollars in existence were printed in the last 12 months). This occurred under the past administration, but I would contend that it happened upon them and the result would have been similar no matter who was in charge. And it happened all over the world. There is no possible way you can print that much new money and not have an inflationary effect.

 

[Onebuckfan]

I know this isn't the proper forum to get in to this, but I think that you are both making very valid points. I would also add a third - out country printed printed A LOT of new money during the pandemic (see: 40% of US dollars in existence were printed in the last 12 months). This occurred under the past administration, but I would contend that it happened upon them and the result would have been similar no matter who was in charge. And it happened all over the world. There is no possible way you can print that much new money and not have an inflationary effect.

The environment for our oil and gas industry changed with the election. The big players are in turtle mode. Produce from low cost wells build cash until the environment changes.

 

[jwinslow]

You can post all the numbers you want...

The actual numbers?

 

[3074326]

The actual numbers?

You rang?

 

[NJ-Buckeye]

The actual numbers?

you can post prices on your birthdays, my birthdays, peg any date you want.. with pandemic notes, speed limit changes, speeding ticket impact.. whatever...
but gas per barrel doesn't care about which dates help your political view
$84 a barrel.. vs $37 a year ago...
with current environment we no longer control gas pricing... we did prior to January
OPEC and Russia now control pricing

 

[DubCoffman62]

last week I payed $3.49, this morning I drove past the same station and it was up to $3.69.

 

[DubCoffman62]

The environment for our oil and gas industry changed with the election. The big players are in turtle mode. Produce from low cost wells build cash until the environment changes.

There's a video of Biden telling a little girl to look in his eyes, he was going to end the fossil fuel industry. I think what he went was that he was going to end OUR fossil fuel industry and make us reliant on our old friends at OPEC.

 

[jwinslow]

I take it you're an advocate of shutting down the pipeline and all the drilling bans executive orders put in
or you have family in high places in OPEC

I'm undone. Nothing gives me more pleasure, NJ. Sometimes I have trouble getting to sleep because my imagination runs wild with conspiratorial ideas.

 

[DubCoffman62]

You can post all the numbers you want... but Oct 2020 oil was $37 a barrel; today it is $85.. that is indisputable... forecasts are for $100 by Feb
I take it you're an advocate of shutting down the pipeline and all the drilling bans executive orders put in
or you have family in high places in OPEC

The pipeline was shut down because it would have hurt Warren Buffet's bottom line. Who do you think owns the trains that carries oil the same route in which the pipeline would have run? What really curious is that pipelines leave a much smaller carbon footprint that trains.

 

[Thump]

last week I payed $3.49, this morning I drove past the same station and it was up to $3.69.

Haha! “69.”

 

[Onebuckfan]

The pipeline was shut down because it would have hurt Warren Buffet's bottom line. Who do you think owns the trains that carries oil the same route in which the pipeline would have run? What really curious is that pipelines leave a much smaller carbon footprint that trains.

Booommm.

 

[malibuspeedrace]

The pipeline was shut down because it would have hurt Warren Buffet's bottom line. Who do you think owns the trains that carries oil the same route in which the pipeline would have run? What really curious is that pipelines leave a much smaller carbon footprint that trains.

https://tenor.com/view/nodding-kermit-uh-huh-gif-19083131

 

[LovelandBuckeye]

This thread.

 

[Jake]

We've still got some of the cheapest gas in the world outside of the Middle East. Europeans would kill for our gas prices.

If you're driving a vehicle with a 30 gallon tank that gets 10 miles/gallon, that's a lifestyle choice. That's on you.

 

[DubCoffman62]

We've still got some of the cheapest gas in the world outside of the Middle East. Europeans would kill for our gas prices.

If you're driving a vehicle with a 30 gallon tank that gets 10 miles/gallon, that's a lifestyle choice. That's on you.

Back in 2008 I rented a car in England, started in Birmingham, to the cotswolds, to Bath, up to York and down to Cambridge, This was when the exchange rat was out of whack, I was paying somewhere around $10 a gallon. I probably spent as much on gas as I did on my round trip plane ticket.