Gasoline is still a bargain. Hasn't kept up with housing, education, healthcare, groceries or automobiles. If we were paying1961 prices at the pump, we'd be paying $3.74 a gallon.
Gas is up 40 cents so far, thanks to Joe Biden's Executive Orders.
- Thread starter Mikeoxenormous
- Start date
Gasoline is still a bargain. Hasn't kept up with housing, education, healthcare, groceries or automobiles. If we were paying1961 prices at the pump, we'd be paying $3.74 a gallon.
Tax Man
Gold Member
- Jan 30, 2015
- 5,923
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Fuel here is the same price as it was a week ago.
Toddsterpatriot
Diamond Member
What about the Bakken oil in the pipeline?
Dakota Access Pipeline - Wikipedia
Wikipedia, the free encyclopedia › wiki › Bakken_pipeline
The Dakota Access Pipeline (DAPL) or Bakken pipeline is a 1,172-mile-long (1,886 km) underground oil pipeline in the United States. It begins in the shale oil fields of the Bakken formation in northwest North Dakota and continues through South Dakota and Iowa to an oil terminal near Patoka, Illinois. Together with the Energy Transfer Crude Oil Pipeline from …
Toddsterpatriot
Diamond Member
No, silly, the Bakken oil in the Keystone XL.
Taxpayers have to clean up themess.
The Bakken Boom Goes Bust With No Money to Clean up the ...
DeSmog › 2020 › 08 › 08 › bakken-f...
Aug 08, 2020 · The Bakken's big increase in oil production quickly exceeded its existing pipeline capacity, leading producers to turn to trucks to move their oil out of the fields. But as the Globe and Mail reported in 2013, this stop-gap solution wasn’t working well: “The trucking frenzy was
Snip
The industry celebrated the discovery of oil in the middle of North America but realized it also posed a problem. A major oil boom requires infrastructure — such as housing for workers, facilities to process the oil and natural gas, and pipelines to carry the products to market — and the Bakken simply didn't have such infrastructure.
North Dakota is a long way from most U.S. refineries and deepwater ports. Its shale definitely held oil and gas, but the area was not prepared to deal with these hydrocarbons once they came out of the ground.
Most of the supporting infrastructure was never built — or was built haphazardly — resulting in risks to the public that include industry spills, air and water pollution, and dangerous trains carrying volatile oil out of the Bakken and through their communities.
With industry insiders recently commenting that the Bakken region is likely past peak oil production, that infrastructure probably never will be built.
continued
Indeependent
Diamond Member
- Nov 19, 2013
- 73,633
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The oil we have now was purchased a while ago.
Toddsterpatriot
Diamond Member
If only there was a safer way to move oil.
Toddsterpatriot
Diamond Member
Taxpayers have to clean up themess.
The Bakken Boom Goes Bust With No Money to Clean up the ...
DeSmog › 2020 › 08 › 08 › bakken-f...
Aug 08, 2020 · The Bakken's big increase in oil production quickly exceeded its existing pipeline capacity, leading producers to turn to trucks to move their oil out of the fields. But as the Globe and Mail reported in 2013, this stop-gap solution wasn’t working well: “The trucking frenzy was
Snip
The industry celebrated the discovery of oil in the middle of North America but realized it also posed a problem. A major oil boom requires infrastructure — such as housing for workers, facilities to process the oil and natural gas, and pipelines to carry the products to market — and the Bakken simply didn't have such infrastructure.
North Dakota is a long way from most U.S. refineries and deepwater ports. Its shale definitely held oil and gas, but the area was not prepared to deal with these hydrocarbons once they came out of the ground.
Most of the supporting infrastructure was never built — or was built haphazardly — resulting in risks to the public that include industry spills, air and water pollution, and dangerous trains carrying volatile oil out of the Bakken and through their communities.
With industry insiders recently commenting that the Bakken region is likely past peak oil production, that infrastructure probably never will be built.
continued
The industry could have restricted production until new pipelines and processing equipment were built but instead moved to rail as the next transportation option. High oil prices motivated drillers to get the oil out of the ground and to customers as fast as possible. Moving oil by rail was essentially unregulated and would not require the permits, large investment, or lead times required for pipelines, leading to the Bakken oil-by-rail boom.
The Obama administration was being SUPER helpful when it came to pipelines.
Why couldn't they just wait?
DURR......
Brain357
Platinum Member
- Mar 30, 2013
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You drama queens are funny.
harmonica
Diamond Member
- Sep 1, 2017
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....yes, he does...and Obama hates America/whites/cops- I've linked this before many times
jbrownson0831
Diamond Member
- Jul 27, 2020
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Right that's why they are up 50 cents a gallon since Pinochijoe took over.
Not really. .. Brent and WTI are usually slightly more expensive than OPEC.. and most of our imported oil comes from Canada and Mexico...
The US has the highest lift costs in the world so domestic producers lose their shirts if the ppb goes too low.. The key is the balancing act.. to keep supply steady and the ppb high enough to stay in business. Gasoline is still a bargain. In 1961 dollars it would reasonably cost $3.74 a gallon at the pump...
Or, you might prefer to take a big step into socialism so you could buy gasoline for 50 cents a gallon. I prefer capitalism myself........
That's the dumbest thing I have read today. No wonder you're a Trumpie.
harmonica
Diamond Member
- Sep 1, 2017
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........you see--I deal in facts--you people deal in emotions--
HAHAHAHHAHAHHAHAHHh--AGAIN--someone who thinks blacks are inhuman!!!!!!!!!!!!!!!!!! Obama can't be HUMAN--THAT'S what you think--because you're brainwashed by the MSM/etc
HERE it is:
hates America-goes to Wright for YEARS--
Obama's Pastor: God Damn America, U.S. to Blame for 9/11
Even Obama campaign aides concede Rev. Wright's rhetoric is "inflammatory."
abcnews.go.com
Michele HATES America--UNDENIABLE:
Michelle Obama Takes Heat for Saying She’s ‘Proud of My Country’ for the First Time
Barack Obama’s wife, Michelle, is under fire for leaving the impression that she hasn’t been proud of her country until now, when Democrats are beginning to rally around her husband’s campaign.
www.foxnews.com
Rev Wright is a RACIST who hates whites--and the Obamas went to him for YEARS!!!!
Controversial comments made by Rev Jeremiah Wright
A few of the incendiary statements made by Barack Obama's former pastor, the Rev Jeremiah Wright
www.theguardian.com
Gingrich: Obama got a 'pass' on Rev. Wright controversy
News that House Majority Whip Steve Scalise, R-La., allegedly gave a speech to a white supremacist group a dozen years a
www.politifact.com
...even though blacks only 13% of the population, and graduate high school at lower rates = less qualify for college = and they graduate college at lower rates, he nominated TWO blacks in a row for AG!!!!
....Obama sent his BLACK AG to comfort the family of a BLACK CRIMINAL that attacked a WHITE cop!!!!!
thought a white wasn't good enough:
..said the WHITE cop was wrong but not the jackass BLACK:
Obama: Cambridge police acted 'stupidly'
<p><strong>Blog:</strong> After spending most of an hour patiently reiterating his arguments for changing the health insurance system, President Barack Obama turned his press</p>
www.politico.com
etc etc etc etc many other issues
Billiejeens
Diamond Member
- Jun 27, 2019
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justinacolmena
Gold Member
- Banned
- #37
You've got an agenda with that oil, don't you? And it doesn't sound like it's a friendly one to us in the United States.
JGalt
Diamond Member
- Mar 9, 2011
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You misread my intentions, sweetmeat. There's nothing I love more than cheap oil and gas. But if it takes $6 per gallon gasoline to convince those Democrats how badly they fucked up, well then bring on babe.
justinacolmena
Gold Member
- Banned
- #39
Charging more for it at the wholesale level does not make it cheaper.
HenryBHough
Diamond Member
It's not just gas.
Did my shopping this morning. Over 1/2 of the items on my list were up by 5% or more since last month.
When people are trained to accept price hikes prices will rise to meet their expectations.
Did my shopping this morning. Over 1/2 of the items on my list were up by 5% or more since last month.
When people are trained to accept price hikes prices will rise to meet their expectations.
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