Gas prices increase under Trump

[YoursTruly]

It will take a couple more weeks for that to catch up, as companies race to maximize production, the available labor market will stretch thin. The incentive to boost pay and bennies will follow.
The Keynesians and Marxists will be most confused by this process.

They're not going to increase wages because they know the global oil prices won't stay this high forever. Plus oil field hands already make good money.

 

[JWBooth]

They're not going to increase wages because they know the global oil prices won't stay this high forever. Plus oil field hands already make good money.

The daily damage to production facilities has me believing that if this stopped right now, it would be six months to a year for production levels to stabilize.

 

[YoursTruly]

The daily damage to production facilities has me believing that if this stopped right now, it would be six months to a year for production levels to stabilize.

Oil futures could drop within a few days, if the war ended now and the straights opened up. Even with the damage done in Iran.
There's still a LOT of oil producers who could pick up the slack, and then some.


But would they? Probably not, because traders make a shit ton of money when the markets are up.

Oil field hands, not so much. They'll still make the same.

 

[Lesh]

The daily damage to production facilities has me believing that if this stopped right now, it would be six months to a year for production levels to stabilize.

That’s the general consensus.

Word is that oil may hit $180/ bbl

 

[AveMarica]

You graph ends at 2025

Astute observation, my post from July 2025 did not show data from 2026.

 

[JWBooth]

 

[struth]

Remember when the price of oil shot up after Putin invaded Ukraine? R's were very eager to blame Biden for that, as stupid as it was to blame him.

This oil spike is on Don and Bebe. Not that Netanyahu cares about what US consumers are paying at the pump.

No I don't....the price of gas when Putin invaded Ukraine in Feb of 2014 was about $3.35

While that is higher then I'd like, it pales in comparison to the $5/gallon that Xiden gave us with his war on the working class

 

[Lesh]

No I don't....the price of gas when Putin invaded Ukraine in Feb of 2014 was about $3.35

While that is higher then I'd like, it pales in comparison to the $5/gallon that Xiden gave us with his war on the working class

What happened when Putin invaded Ukraine proper in 2022?

 

[struth]

What happened when Putin invaded Ukraine proper?m in 2022?

what is Ukraine "proper"?

and what does a war in Ukraine have to do with fuel prices? Does Ukraine produce a lot of oil for the world?

 

[TruthSeeker112125]

Weekly US All Formulations Retail gas Prices

1/16/2025...... $3.109
05/19/2025...... $3.173

It's Astounding that the Majority of Posters herein only "Live in the Day".

I can remember being pissed off when gasoline rose to .79 cents a gallon, & ever since that time,.... I've seen prices on everything dramatically rise under Democrat, & Republican Administrations.

And yet,..... The "Sheeple" continue to "Graze in their Own Personal Reality TV World", & Repeatedly Utter the Bullcrap that their "Shepherds" tell them.

I'm Thinking that Hitler, Stalin, Mao, & Pol Pot, would be absolutely Shocked by what America';s Government has done to it's Own People.

 

[struth]

It's Astounding that the Majority of Posters herein only "Live in the Day".

I can remember being pissed off when gasoline rose to .79 cents a gallon, & ever since that time,.... I've seen prices on everything dramatically rise under Democrat, & Republican Administrations.

And yet,..... The "Sheeple" continue to "Graze in their Own Personal Reality TV World", & Repeatedly Utter the Bullcrap that their "Shepherds" tell them.

I'm Thinking that Hitler, Stalin, Mao, & Pol Pot, would be absolutely Shocked by what America';s Government has done to it's Own People.

I remember when I turned 16, I drove a little Toyota, and could fill the tank for 5 bucks.

I also remember when we were all shocked when gas broke the 1 dollar mark.

 

[TruthSeeker112125]

I remember when I turned 16, I drove a little Toyota, and could fill the tank for 5 bucks.

I also remember when we were all shocked when gas broke the 1 dollar mark.

That is exactly what I'm trying to point out Struth.

The Value of the American Dollar has been declining for 60 years at the least, & Yet, We are being "herded" in to blaming the "Current Political Power that holds Office during a Crisis". And that has happened no matter whether it's a Democrat, or a Republican.

 

[struth]

That is exactly what I'm trying to point out Struth.

The Value of the American Dollar has been declining for 60 years at the least, & Yet, We are being "herded" in to blaming the "Current Political Power that holds Office during a Crisis". And that has happened no matter whether it's a Democrat, or a Republican.

More then 60’years

Inflation at a normal rate is a good thing

 

[Lesh]

More then 60’years

Inflation at a normal rate is a good thing

First honest thing you ever posted

 

[TruthSeeker112125]

What has happened to Our Currency, over these many decades, isn't what I call "Inflation".

I call it the Deliberate Destruction of the American Dollar

 

[struth]

First honest thing you ever posted

Hopefully you pick up on this and keep it going

 

[struth]

What has happened to Our Currency, over these many decades, isn't what I call "Inflation".

I call it the Deliberate Destruction of the American Dollar

You can buy more with a dollar today then you could 20 years ago, heck I remember when a flat screen TV cost 1000s of dollars

Now you can get one, a smart one, at Walmart for 300 bucks

I will say hyperinflation like the Dems gave us under xiden and prior to that Carter, is horrible and purposely done to destroy the working class

 

[Lesh]

Hopefully you pick up on this and keep it going

Continue posting honest stuff then

If you can

 

[Lesh]

You can buy more with a dollar today then you could 20 years ago, heck I remember when a flat screen TV cost 1000s of dollars

Now you can get one, a smart one, at Walmart for 300 bucks

I will say hyperinflation like the Dems gave us under xiden and prior to that Carter, is horrible and purposely done to destroy the working class

Well your steak ended at one post

Newsflash, as technology matures it gets cheaper

 

[TruthSeeker112125]

"You can buy more with a dollar today then you could 20 years ago,"

With all due Respect,....... That's Bullshit.

You can buy more with a dollar today then you could 20 years ago, heck I remember when a flat screen TV cost 1000s of dollars

Now you can get one, a smart one, at Walmart for 300 bucks

I will say hyperinflation like the Dems gave us under xiden and prior to that Carter, is horrible and purposely done to destroy the working class