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

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???????????????
 
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???????????????
No it doesn't, numskull, because if that were the case, then why didn't it affect any other prices?
 
Not because of crude costs.
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.
 
America drilled our way to lower prices.
Gas Prices This Summer Are Expected to Hit a Four-Year High

Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service (OPIS).
What do you imagine that proves?
Ahhhhh, the perpetual Right-wing dumb act again!
You lied about prices being lower, obviously!
 
America drilled our way to lower prices.
Gas Prices This Summer Are Expected to Hit a Four-Year High

Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service (OPIS).
What do you imagine that proves?
Ahhhhh, the perpetual Right-wing dumb act again!
You lied about prices being lower, obviously!
Gas was at over $5.00/gal for a while, dumbass.

Talk about acting dumb.
 
America drilled our way to lower prices.
Gas Prices This Summer Are Expected to Hit a Four-Year High

Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service (OPIS).
What do you imagine that proves?
Ahhhhh, the perpetual Right-wing dumb act again!
You lied about prices being lower, obviously!
Gas was at over $5.00/gal for a while, dumbass.

Talk about acting dumb.
Under Bush, dumbass, then he crashed the economy to bring down gas prices. Since then as production increased gas prices increased because of increased US exports. US exports are continuing to increase so therefore prices will continue to increase
 
America drilled our way to lower prices.
Gas Prices This Summer Are Expected to Hit a Four-Year High

Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service (OPIS).
What do you imagine that proves?
Ahhhhh, the perpetual Right-wing dumb act again!
You lied about prices being lower, obviously!
Gas was at over $5.00/gal for a while, dumbass.

Talk about acting dumb.
Under Bush, dumbass, then he crashed the economy to bring down gas prices. Since then as production increased gas prices increased because of increased US exports. US exports are continuing to increase so therefore prices will continue to increase

They were still high under Obama, moron. Fracking is what brought prices down long term.

iu
 
America drilled our way to lower prices.
Gas Prices This Summer Are Expected to Hit a Four-Year High

Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service (OPIS).
What do you imagine that proves?
Ahhhhh, the perpetual Right-wing dumb act again!
You lied about prices being lower, obviously!
Gas was at over $5.00/gal for a while, dumbass.

Talk about acting dumb.
Under Bush, dumbass, then he crashed the economy to bring down gas prices. Since then as production increased gas prices increased because of increased US exports. US exports are continuing to increase so therefore prices will continue to increase
Bush crashed the economy to lower gas prices?

Tell us how he did this so we can be on the lookout for when the orange clown attempts to do it, oh wise one.

:alcoholic:
 
Gas Prices This Summer Are Expected to Hit a Four-Year High

Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service (OPIS).
What do you imagine that proves?
Ahhhhh, the perpetual Right-wing dumb act again!
You lied about prices being lower, obviously!
Gas was at over $5.00/gal for a while, dumbass.

Talk about acting dumb.
Under Bush, dumbass, then he crashed the economy to bring down gas prices. Since then as production increased gas prices increased because of increased US exports. US exports are continuing to increase so therefore prices will continue to increase

They were still high under Obama, moron. Fracking is what brought prices down long term.

iu
You left out Trump Gas from your chart.
Let me help you fill in the blank:

fredgraph.png
 

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