On Jan 19, 2021 I was paying $1.79 a gallon for unleaded here in Amarillo. Today I paid $2.46 a gallon. That is more than a 60 cent per gallon increase since China Joe and Camel Toe took over.
Can one of the resident LIBs tell me why an increase in gas prices is a good thing for the nation?
2.79 here today
Was 1.98-2.01 around Jan 1
I hope it stings the groids and phaggots that voted for it. EBT doesn’t buy fuel for the ghetto cruiser.
Cheer up Chief, you could be in communist California...3.69 for 87 grade.
3.09 here in Peeyay!! Lmao
Fuqqers
Yep it's on the rise everywhere. Exactly what that socialist democrats want. Import all fuel so Iran and other Mu-slime countries get rich at the expense of the American consumer!!!
MAC: We can thank china joe and his ho (no offense slumload!) for the skyrocketing gas and diesel prices!
I don't see this situation getting better any time soon.
Sad.
I am even more concerned about our Second Amendment rights being attacked/destroyed by china joe and his ho!
Hold into the wind
VarmintGuy
If you were one of the few Americans that voted biden, this is what you voted for.
3.09 here in Peeyay!! Lmao
Fuqqers
Yes we hit $3.09 yesterday, at 12 noon it was $2.99, at 5 pm it was $3.09
It is flipping mind numbing that anybody could have voted for biden. I am pissed that I have to witness the destruction of the country I love.
And BTW, we have had to pay $2.79 a gallon here in Pa. for over the last year with dems in power. Sucks our votes mean nothing.
If you were one of the few Americans that voted biden, this is what you voted for.
The democrats are saying the gas price increase isent because of sleep Joe and the hoe, one more thing to prove there full of s h i t, im betting $4 by summer
On Jan 19, 2021 I was paying $1.79 a gallon for unleaded here in Amarillo. Today I paid $2.46 a gallon. That is more than a 60 cent per gallon increase since China Joe and Camel Toe took over.
Can one of the resident LIBs tell me why an increase in gas prices is a good thing for the nation?
It's all a part of the Green New Deal. They will keep raising the price of gasoline/diesel until the people will no longer be able to afford it at all and will gladly welcome the edict that forces them to buy little electric tin cans for their transportation. I read this morning somewhere that Oregon now wants to ban all internal combustion powered vehicles by 2026 or so. We have SO much to look forward to.
Oil is up $20/BBL over the same period.
Amazing how many people don't know when they have it good.
Can one of the resident LIBs tell me why an increase in gas prices is a good thing for the nation?
It’s been said right here on the Campfire, and not by LIBs either, that “there’s nothing better than high priced gasoline.”
Oil is up $20/BBL over the same period.
Here is another take on this thread. Last year I payed .96 a gallon. I even got 3 cents off that yet . We can not keep expecting to pay a price for the most valuable commodity on earth and that is energy. I quoted EDM, cause he worked in the oil patch. These people need a decent wage and so do the energy companies. We forget real fast that we were paying less than a buck a gallon when it hits 3 bucks, but it averages out to 2 bucks. We are likely going into a " super cycle" when it comes to commodities cause it was so low for so long. Oil, lumber, copper, LAND is really getting high too. We had it cheap for a long time and now it is going to be over valued as much as it has been under valued. I will miss my 1 dollars a gallon, but I did make a lot of my money back in energy stocks that I lost last year. I wear both hats in this game. I make money when its high and save when its low.
The quickest way to stall the economy is to increase energy prices. The increases equate to a tax that pulls dollars out of all other sectors of the economy. A screeching halt to the economy is exactly what the lefties want.
as much as i hate biden and company, what exactly did they do to cause this? isn't this all because of the price of crude going up after depressed demand driving prices down last year and now increased demand this year? and also refinery issues in texas recently? idk, i ain't the smartest guy around but i haven't seen where the schitheads have done anything to cause higher gas prices. yet
Damn price of cantaloupes will be getting jacked up for sure.
Oil is up $20/BBL over the same period.
A simple fact that escapes many here on this perpetually misunderstood subject. OPEC has also agreed to keep their production cuts in place through April, which helped send prices higher yet.
$2,70 in Iowa today, thanks Joe, and all that voted for him.
biden cut the Keystone pipeline construction, is cutting all new drilling on government land, and is pissing off the Saudi's. Speculation alone will drive the price with news like that.
The other side of the coin is that producers with wells already down will now have the price up high enough to cover costs and make a buck.
The high gas, and diesel prices will likely be the drop in the bucket before it's over.
$2.49 here today in my area of N.TX
The high gas, and diesel prices will likely be the drop in the bucket before it's over.
Yeah, soon these will be the good ol' days.
Lower production, No more leases for drilling, increasing demand, political winds on the fossil fuels. The creek is rising and a bad moon coming. $3.59 around here. It will hit $4.00 soon.
The Saudis and Ruskies knew when to strike. They curtailed production just as we let a moron steal the.presidency. He cancelled Keystone XL and stopped all new projects on Federal lands and waters for a time by EO. They control government and have declared war on hydrocarbon energy. The market has acted accordingly. Glad I bought Conoco Phillips and Exxon when I did. It is up enough to fuel up on 4 dollar gas for some years.
Since I work in the oil patch my company will return to profitability in our area.
For a little while anyway, until the idiots mandate EVs that we don't have the infrastructure to service.
2.35/gal for 87 octane here.
Closest station.
![[Linked Image from i.postimg.cc]](https://i.postimg.cc/mrsq3Gvg/Screenshot-20210306-174446-Chrome.jpg)
Welcome back to dumds in office!
2.49 here, diesel is 2.59.
Paid $3.799 for 87 octane today....
Hate to see this happening I don't think i will ever get over what these democrats are doing to our country...They stole this election but what pisses me off the most is the people that voted for this.Would like to know how many regret that vote.
If I could prepay $5 a gallon for fuel for the next 20 years...
I would lock in 20,000 gallon TODAY.
Here I thought I just caught a break with gas prices dropping down to $3.77/gal locally from $4.25 where it's been for a couple years.
as much as i hate biden and company, what exactly did they do to cause this? isn't this all because of the price of crude going up after depressed demand driving prices down last year and now increased demand this year? and also refinery issues in texas recently? idk, i ain't the smartest guy around but i haven't seen where the schitheads have done anything to cause higher gas prices. yet
I don't know........Market reaction to schitt-canning Keystone and destroying thousands of jobs among other democrap douchebaggery?
If I could prepay $5 a gallon for fuel for the next 20 years...
I would lock in 20,000 gallon TODAY.
And it would prove that you have no idea of time value of money, investing, and future technology. Stupidest post on this thread.
Diesel was about $2.34 a year ago.. It's now $3.25 here now.. And I'm betting it hits $4.00 by July 1st..
If I could prepay $5 a gallon for fuel for the next 20 years...
I would lock in 20,000 gallon TODAY.
And it would prove that you have no idea of time value of money, investing, and future technology. Stupidest post on this thread.
You are right... inflation is NOT COMING...
And Communists HATE controlling people's lives.
... oh wait...
Nevermind
If I could prepay $5 a gallon for fuel for the next 20 years...
I would lock in 20,000 gallon TODAY.
And it would prove that you have no idea of time value of money, investing, and future technology. Stupidest post on this thread.
Do you wear a mask when you plug in your Gopher Scooter?
Rona does travel thru electric lines... Fauchi says
This shouldn't surprise anyone. Did the same thing under Obama. I remember in 2012 I got laid off, & was driving across town for half my previous pay. Gas was nearly $4.
biden cut the Keystone pipeline construction, is cutting all new drilling on government land, and is pissing off the Saudi's. Speculation alone will drive the price with news like that.
The other side of the coin is that producers with wells already down will now have the price up high enough to cover costs and make a buck.
A simple fact that escapes many here on this perpetually misunderstood subject. OPEC has also agreed to keep their production cuts in place through April, which helped send prices higher yet.
For 95% of consumers who simply and blindly want to believe that big oil is bad/end of story, all of this will fall on deaf ears while they scream about the price of a gallon of gasoline at the corner store just before they run in to buy a "cheap'" bottle of water so that they can stay hydrated on the way to work.
And probably none of them know or want to believe that oil is bought and sold on the commodity market based on supply and demand at the well head. This increased cost at the well head for a barrel of oil paid for by the refiner is logically passed on to the consumer through higher gas prices. That happens in all forms of business, and not just in the oil business, in a capitalist society.
Nope.... Its just "big bad oil' taking advantage of them once again for no logical reason with higher gas prices. After all, we all know that we deserve cheap gas no mater what happens in the supply chain or with prices.in that supply chain..........
There will be a few who pr of it from high prices come along
and try to make the case it's good for everyone.
Or make excuses.
It's not.
Most Americans only pay for oil, increases don't give them money.
They just pay more for energy, food, everything else that goes up
with high fuel costs. Many, will receive more gross from those higher
costs, but it usually doesn't offset the increased inputs.
No different than Beef.
Guys are tickled when they get good money for their cows.
But, meat consumers have to pay for it.
I'm tickled when beef is cheap, but, that hurts the producers.
Steady, boring markets are best.
That hasn't happened over several years for a long time.
This shouldn't surprise anyone. Did the same thing under Obama. I remember in 2012 I got laid off, & was driving across town for half my previous pay. Gas was nearly $4.
Gas got well above $4.00 during the W Bush/Cheney era.
There will be a few who pr of it from high prices come along
and try to make the case it's good for everyone.
Or make excuses.
It's not.
Most Americans only pay for oil, increases don't give them money.
They just pay more for energy, food, everything else that goes up
with high fuel costs. Many, will receive more gross from those higher
costs, but it usually doesn't offset the increased inputs.
No different than Beef.
Guys are tickled when they get good money for their cows.
But, meat consumers have to pay for it.
I'm tickled when beef is cheap, but, that hurts the producers.
Steady, boring markets are best.
That hasn't happened over several years for a long time.
All of this stinks of the "feel good" socialist policies of a democratic administration that too many clue-less people voted for. Its called inflation and it follows the democrats and their policies around like a lost puppy.
This shouldn't surprise anyone. Did the same thing under Obama. I remember in 2012 I got laid off, & was driving across town for half my previous pay. Gas was nearly $4.
Gas got well above $4.00 during the W Bush/Cheney era.
It was 5 here.
Plus an oil war in Iraq.
That was 20 years ago.....probably be like 7 dollars today.
They just getting by.......
And we all know president's set the price at the pump.
And we all know president's set the price at the pump.
Not true, but their policies can and do set prices.
And we all know president's set the price at the pump.
Not true, but their policies can and do set prices.
A example of that would be interesting, always lookin' to learn.
And we all know president's set the price at the pump.
Not true, but their policies can and do set prices.
A example of that would be interesting, always lookin' to learn.
Sparky...
You wield a hell of a Goat Rope...
Or is that Spanky?
Too many question?
Just curious to learn what any United States President has ever done that raised or lowered the price of gas at the pump.
Is it too much to ask?
And we all know president's set the price at the pump.
Not true, but their policies can and do set prices.
A example of that would be interesting, always lookin' to learn.
LOL.....
Maybe re-read my post from two hours ago where I used quotes from others here as to what has happened since Biden became YOUR president.
Well its comments like this I don't get.
Biden cut the Keystone pipeline construction, is cutting all new drilling on government land, and is pissing off the Saudi's. Speculation alone will drive the price with news like that.
If all the oil production and related pipelines in the US were ordered to a halt it seems the Saudi's would be thrilled, not pissed off.
I have my doubts they like us being self sufficient and not OPEC dependent for our oil.
We are such little players in the world oil market we don't amount to squat.
Big oil in this country isn't going to hold prices down if OPEC skyrockets theirs, they'll follow suit.
So I guess I just don't get where a US president can or ever has effected gas prices.
It'd just be interesting to see a direct example of how that's done.
If you limit supply prices go up. If you increase demand by inflating the economy then prices go up.
Trump made it a stated point to drive oil prices down. I think he thought blue collar people wanted cheap gas which they do in theory.
He didn’t realize that the oil states (which are mainly red) fire their economies from O&G production. It funds real estate, restaurants, car dealers, grocery stores, luxury goods, mineral royalties, production jobs.
Trump made it a stated point to drive oil prices down.
That's one of the things I'd like to see a example of, how'd he do it?
It's not just oil prices in the USA, it's global, worldwide, how did that come about?
If you were one of the few Americans that voted biden, this is what you voted for.
Biden didn't win.
Well its comments like this I don't get.
Biden cut the Keystone pipeline construction, is cutting all new drilling on government land, and is pissing off the Saudi's. Speculation alone will drive the price with news like that.
If all the oil production and related pipelines in the US were ordered to a halt it seems the Saudi's would be thrilled, not pissed off.
Biden has pissed the Saudis off over his response to the embassy killing of the reporter awhile back It has nothing to do with oil in itself, but it has an effect on market speculators.
So OPEC raised world wide oil prices for that?
I love big oil in America and a good deal of my portfolio is invested in energy stocks for the past six months. We'll see what OPEC does , but staying in for now and buying on drops.
Big oil provides a lot of great jobs here in America. When world economies open up there is going to be a huge demand for oil hopefully by summer. Biden setting down oil exploration and drilling was a just a payback by the Dems to ruin the red states where most of the production occurs.
biden cut the Keystone pipeline construction, is cutting all new drilling on government land, and is pissing off the Saudi's. Speculation alone will drive the price with news like that.
The other side of the coin is that producers with wells already down will now have the price up high enough to cover costs and make a buck.
A simple fact that escapes many here on this perpetually misunderstood subject. OPEC has also agreed to keep their production cuts in place through April, which helped send prices higher yet.
For 95% of consumers who simply and blindly want to believe that big oil is bad/end of story, all of this will fall on deaf ears while they scream about the price of a gallon of gasoline at the corner store just before they run in to buy a "cheap'" bottle of water so that they can stay hydrated on the way to work.
And probably none of them know or want to believe that oil is bought and sold on the commodity market based on supply and demand at the well head. This increased cost at the well head for a barrel of oil paid for by the refiner is logically passed on to the consumer through higher gas prices. That happens in all forms of business, and not just in the oil business, in a capitalist society.
Nope.... Its just "big bad oil' taking advantage of them once again for no logical reason with higher gas prices. After all, we all know that we deserve cheap gas no mater what happens in the supply chain or with prices.in that supply chain..........
Well its comments like this I don't get.
Biden cut the Keystone pipeline construction, is cutting all new drilling on government land, and is pissing off the Saudi's. Speculation alone will drive the price with news like that.
If all the oil production and related pipelines in the US were ordered to a halt it seems the Saudi's would be thrilled, not pissed off.
I have my doubts they like us being self sufficient and not OPEC dependent for our oil.
We are such little players in the world oil market we don't amount to squat.
Big oil in this country isn't going to hold prices down if OPEC skyrockets theirs, they'll follow suit.
So I guess I just don't get where a US president can or ever has effected gas prices.
It'd just be interesting to see a direct example of how that's done.
He has the power to release our strategic oil reserves, that's just one direct example.
If you were one of the few Americans that voted biden, this is what you voted for.
Biden didn't win.
Who gives a f_uck about Biden. Just like the rest of them he's another suit to fill the seat.
Presidents don't have the power or control many like to think.
If they did a lot more would happen, look at all the things Trump tried to do that got shot down.
Biden will be the same, just a different agenda.
What they all do best is complicate issues, keeping things we need tied up in endless legal and political debate for no reason. But we accept it as modern day politics sigh and go on our way.
Oh yeah, presidents are pretty good at giving media groups wowing headline material to screw with people's minds.
I care a lot more about my country than I do about who happens to be president at any given time.
But we were talking about gas prices here and who controls them.
It doesn't appear many have a clue.
Well its comments like this I don't get.
Biden cut the Keystone pipeline construction, is cutting all new drilling on government land, and is pissing off the Saudi's. Speculation alone will drive the price with news like that.
If all the oil production and related pipelines in the US were ordered to a halt it seems the Saudi's would be thrilled, not pissed off.
I have my doubts they like us being self sufficient and not OPEC dependent for our oil.
We are such little players in the world oil market we don't amount to squat.
Big oil in this country isn't going to hold prices down if OPEC skyrockets theirs, they'll follow suit.
So I guess I just don't get where a US president can or ever has effected gas prices.
It'd just be interesting to see a direct example of how that's done.
He has the power to release our strategic oil reserves, that's just one direct example.
Short lived thrill and not advisable.
If you were one of the few Americans that voted biden, this is what you voted for.
Biden didn't win.
Crap. Dont tell me youve been listening to those stupid Qbers.
Just kidding.
Yep, Trump said he wouldnt concede while knowing he won. I do believe he knows he will be proved right again, just as with his statement early in the China flu unpandemic about Hydroxychloroquine.
I expect he has a few trump cards up his sleeve, too.
Just another reason for market speculators to be on their tippy-toes, Sparky.
You obliviously have a better idea than most here as to what effects the price at the pump.
I get news alerts on anything OPEC related, been following their meetings for years.
I just made my post to encourage a few to run to their search engine in attempt to fire back with a snappy answer, I'm sure those not already aware didn't like what they found.
Recent history has been interesting, OPEC flooding the world with cheap oil taking all the profit out of producing it really hurt the smaller OPEC countries, they had been begging for relief long before the effects that CV19 had on oil but they had no real voice.
Some could be beyond recovery much like our smaller producers here in the USA.The world being flooded with cheap oil at the same time as they quit using it due to CV19 is why we've seen low prices at the pump.
Oil production in our country is what I truly give a damn about and it's not on the greatest of trends.
The number of producing wells in the United States reached a high of 1,029,700 wells in 2014 and steadily declined to 969,140 wells in 2019.
This had everything to do with OPEC oil prices and NOTHING to do with who may have been our president at the time, they were just the suits in the seat as these events occurred.
If a US president could effect gas price we'd be seeing 50 cents a gallon during a election year.
As much as some like to think the USA has a bolstering effect on all worldwide matters, it doesn't when it comes to oil/gas prices.
We're just a little player that has a very small effect.
Paid 2.65 the other day for 87, was 1.89ish before election
I am sure glad I didn't opt for the 6.2 engine in my new truck, requires premium.
No one likes to pay more for anything that cost less a few months ago. But if you stretch the time horizon, the average price is gas in 1961 was $.33 gallon. Which is $2.71 in today’s dollars. So some states are holding steady while others are above the line, due to tax on gas in that state.
Too much like, Johnny Cash, "How high's the water mama." Rising.
MAC: Be more careful WHO you vote into office!
Hold into the wind
VarmintGuy
Well its comments like this I don't get.
[quote=Diesel]Biden cut the Keystone pipeline construction, is cutting all new drilling on government land, and is pissing off the Saudi's. Speculation alone will drive the price with news like that.
The comment about the Saudis being pissed is that biden is going after the Crown prince for the murder of that Khashoggi guy. But biden is so dumb, if he wants to hurt the Saudis cutting our oil production only helps the Saudis. And Russians and Iranians and Venezuelans. The Chinese will also have a bigger manufacturing advantage as low oil lets the US be competitive