The Price of Gas Is Not Going to Go Down

Toro

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Sep 29, 2005
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Surfing the Oceans of Liquidity
It doesn't matter who you elect (although on the margin, Republicans are better).

We need to be investing an extra $250 billion a year just to keep up with demand. And that hasn't been happening.

And it's not going to happen anytime soon because 1.) shareholders won't allow it, and 2.) ESG and progressive demagoguing.

The SPR sales is a sham. Biden will start buying after the elections.
 
The evolution of a prayer
1). There is no inflation ... we are not in a recession!

2). Well, maybe there is inflation, but we inherited it from the last guy!

3). OK, inflation is out of control and yeah, maybe we did start it. But, The Republicans won't do any better!

This particular prayer is called, "The Prayer For the Dead".
 
It doesn't matter who you elect (although on the margin, Republicans are better).

We need to be investing an extra $250 billion a year just to keep up with demand. And that hasn't been happening.

And it's not going to happen anytime soon because 1.) shareholders won't allow it, and 2.) ESG and progressive demagoguing.

The SPR sales is a sham. Biden will start buying after the elections.

I don't think it will go down either... Maybe $3 a gallon.
 
Who the fuck would think it's a good investment to buy shares in any natural gas companies when the ultra-corrupt de-facto president Biden administration keeps threatening over and over and over again that they are going to eliminate the use of natural gas and put all of the fossil fuel industries out of business?
 
Who the fuck would think it's a good investment to buy shares in any natural gas companies when the ultra-corrupt de-facto president Biden administration keeps threatening over and over and over again that they are going to eliminate the use of natural gas and put the industry out of business?

Because if the progressives want to get to their renewables utopia, they HAVE to use gas.

Otherwise, they will get beaten worse than Mondale.
 
 
The evolution of a prayer
1). There is no inflation ... we are not in a recession!

2). Well, maybe there is inflation, but we inherited it from the last guy!

3). OK, inflation is out of control and yeah, maybe we did start it. But, The Republicans won't do any better!

This particular prayer is called, "The Prayer For the Dead".

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The bottom line is that Trump would be calling out the oil executives out for it.
Oh, he would have used government to coerce and intimidate private business? He would have assaulted Capitalism and the free market?

Interesting.
 
The bottom line is that Trump would be calling out the oil executives out for it.

Yeah, no he wouldn't.

But the Trump administration was much more pro-oil.

Biden begging Venezuela and Saudi Arabia to increase production while restricting permiting in the US is a fucking embarrassment.

And he's doing that because of the far-left progressives and their climate religion.
 
Yeah, no he wouldn't.

But the Trump administration was much more pro-oil.

Biden begging Venezuela and Saudi Arabia to increase production while restricting permiting in the US is a fucking embarrassment.

And he's doing that because of the far-left progressives and their climate religion.
Trump is pro-business and pro-US citizens being employed and I don't need input from an asshole from Canada.
 
Oh, he would have used government to coerce and intimidate private business? He would have assaulted Capitalism and the free market?

Interesting.

Trump would make a big show of calling out oil execs but like Rex Tillerson they all think he's a fucking moron.
 
How many oil Refinerys are there in the US?


This page uses JavaScipt
Download Series History Definitions, Sources & Notes
Show Data By: Data Series Area20172019
Total Number of Operable Refineries141135
Operating137132
Idle43


Are US oil refineries running at full capacity?



Image result for when was the last oil refinery built in the usa?


U.S. refinery capacity decreased during 2021 for second consecutive year. Operable atmospheric crude oil distillation capacity, our primary measure of refinery capacity in the United States, totaled 17.9 million barrels per calendar day as of January 1, 2022, down 1% from the beginning of 2021.


How many refineries have closed in the US?


Five refineries have shut down in the United States in just the past two years, reducing the nation's refining capacity by about 5 percent and eliminating more than 1 million barrels of fuel per day from the market, leaving the remaining facilities straining to meet demand.


when was the last oil refinery built in the us?


Search Results​

Featured snippet from the web​

The newest refinery in the United States is the Texas International Terminals 45,000 b/cd refinery in Channelview, Texas, which was operable on January 1, 2022, but actually started operating in February, 2022.

So, we have refineries that are idle, we have closed refineries, and we've only built 1 recently.




This is a result of a radicalized green agenda by the progressives.
 
How many oil Refinerys are there in the US?


This page uses JavaScipt
Download Series History Definitions, Sources & Notes
Show Data By: Data Series Area20172019
Total Number of Operable Refineries141135
Operating137132
Idle43


Are US oil refineries running at full capacity?



Image result for when was the last oil refinery built in the usa?


U.S. refinery capacity decreased during 2021 for second consecutive year. Operable atmospheric crude oil distillation capacity, our primary measure of refinery capacity in the United States, totaled 17.9 million barrels per calendar day as of January 1, 2022, down 1% from the beginning of 2021.


How many refineries have closed in the US?


Five refineries have shut down in the United States in just the past two years, reducing the nation's refining capacity by about 5 percent and eliminating more than 1 million barrels of fuel per day from the market, leaving the remaining facilities straining to meet demand.


when was the last oil refinery built in the us?


Search Results​

Featured snippet from the web​

The newest refinery in the United States is the Texas International Terminals 45,000 b/cd refinery in Channelview, Texas, which was operable on January 1, 2022, but actually started operating in February, 2022.
Trump sold them to Saudi Arabia, like a dumbass.
 
Yeah, no he wouldn't.

But the Trump administration was much more pro-oil.

Biden begging Venezuela and Saudi Arabia to increase production while restricting permiting in the US is a fucking embarrassment.

And he's doing that because of the far-left progressives and their climate religion.

Trump put sanctions against Venezuela and begged OPEC to cut production by 9 million bpd.
 

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