Crude Oil Prices Turn Lower on U.S. Drilling Activity

Discussion in 'Energy' started by Weatherman2020, Mar 19, 2018.

  1. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Why is Trumpgas so expensive?
     
  2. Pogo
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    Pogo Diamond Member

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    I'm so old I remember when women were mocked for saying Rump could pay his way to electoral immunity.

    Oh wait, that's now.
     
  3. bripat9643
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    bripat9643 Diamond Member

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    It's clear the senility has set in.
     
  4. FireFly
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    FireFly Bright F**ker

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    I guess that 50 cent a gallon gasoline price hike over Easter was just April Fools??? LOL!!!! It has nothing to do with Republicans Exploding Deficit with Tax Cuts & Increased Spending Destroying the Value of the US Dollar???????????????
     
  5. bripat9643
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    bripat9643 Diamond Member

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    No it doesn't, numskull, because if that were the case, then why didn't it affect any other prices?
     
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  6. edthecynic
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    edthecynic Censored for Cynicism

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  7. edthecynic
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    edthecynic Censored for Cynicism

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    Burt because of exports.

    Gas prices rise despite surging U.S. oil output

    From Texas to the Dakotas, oil output has surged, ranking America once again among the world’s top energy producers. But, the boom hasn’t stopped rising gasoline prices.

    Unleaded regular had pushed over $2.60 per gallon nationwide by midweek, up from $2.26 a gallon a year earlier, reported AAA’s daily price survey.

    Analysts expect gas prices could climb another 10 cents by early spring, a gain of almost half a dollar in a year.

    For the typical driver putting 250 miles per week on a V-6-powered Ford F-150 pickup truck, the nation’s top-selling vehicle, gasoline for the daily commute to work will cost about $39 per week, up from about $31 last spring.

    It’s the new normal at the pump.

    It’s happening across the country, and few experts think it could fade away soon. Instead, energy-fed inflation could weigh on Washington policy makers later this year when they mull possible interest-rate increases.

    Higher gasoline prices trace in part to the new surge in U.S. gasoline exports. Tankers crossing the Gulf of Mexico are unloading gasoline in South American ports following Venezuela’s oil sector collapse and the inability of Mexican refiners to make full use of their own production capacity.
     
  8. bripat9643
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  9. edthecynic
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    edthecynic Censored for Cynicism

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    Ahhhhh, the perpetual Right-wing dumb act again!
    You lied about prices being lower, obviously!
     
  10. Moonglow
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    Moonglow Diamond Member

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    More taxes since Trump said to do as such...
     

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