Gasoline Below $3.00 A Gallon; Thank You Mr. President

[Dan Daly]

Retail gasoline is a tiny % of a major petrol company's bottom line. No or little effect.

If you are responding to me, that's nice, now go back and read what I wrote. The price of oil has a big impact on the price of gasoline. The lower price of oil is what is helping drive gasoline prices lower. That I even have to say that makes me feel patronizing.

 

[Uncensored2008]

[
You are so ******* stupid. Just because you goggled Eco-Pad & read Continental Resources propaganda that stunned you when you discovered Obama did not trademark the slogan word "Eco-Pad" you think you know something!

Multi-Pads were not used & not as economically viable in North Dakota until regulators changed the rules for them on August 6, 2009 you stupid ******* retard. North Dakota oil fracking exploded after the 2009 rule changed to zero boundary-line setbacks on multi-pad drilling. Then in 2010 Continental Resources made it's first "Eco-Pad".

See how retarded you are?

So, your beloved Komisars made them possible by no longer prohibiting them?

ROFL

You looters are a hoot.

 

[Uncensored2008]

Retail gasoline is a tiny % of a major petrol company's bottom line. No or little effect.

That's not even close to true - though little that you post ever is.

 

[KissMy]

[
You are so ******* stupid. Just because you goggled Eco-Pad & read Continental Resources propaganda that stunned you when you discovered Obama did not trademark the slogan word "Eco-Pad" you think you know something!

Multi-Pads were not used & not as economically viable in North Dakota until regulators changed the rules for them on August 6, 2009 you stupid ******* retard. North Dakota oil fracking exploded after the 2009 rule changed to zero boundary-line setbacks on multi-pad drilling. Then in 2010 Continental Resources made it's first "Eco-Pad".

See how retarded you are?

So, your beloved Komisars made them possible by no longer prohibiting them?

ROFL

You looters are a hoot.

Your Dear Leader Bush signed EO-12777 in 1991 banning most of our offshore drilling.

It wasn't until after Obama was elected that boundary setback regulations from previous administrations were lifted so fracking would flourish.

 

[Uncensored2008]

Your Dear Leader Bush signed EO-12777 in 1991 banning most of our offshore drilling.

It wasn't until after Obama was elected that boundary setback regulations from previous administrations were lifted so fracking would flourish.

Of course, because North Dakota is offshore.

Dayum, you Obamunists sure are smart...

 

[candycorn]

Retail gasoline wont cause oil companies to do squat.

 

[KissMy]

US oil production boom under Obama because regulators under his administration allowed boundary-less limitless multi-pad drilling & fracking. US oil production declined the entire time Bush was in office.

Today we can buy gasoline for under $2.50

 

[nodoginnafight]

$2.62 yesterday morning in northwest Georgia.

 

[RKMBrown]

US oil production boom under Obama because regulators under his administration allowed boundary-less limitless multi-pad drilling & fracking. US oil production declined the entire time Bush was in office.

Today we can buy gasoline for under $2.50

You're an idiot.

 

[Spoonman]

I hate corn...I love gasoline. Sounds good. THANKS POTUS.

So now that it's coming out that the reason gas prices are so low is because of the cheap oil ISIS is flooding the market with I guess Obama really does have some responsibility for the decrease in gas prices

 

[KissMy]

US oil production boom under Obama because regulators under his administration allowed boundary-less limitless multi-pad drilling & fracking. US oil production declined the entire time Bush was in office.

Today we can buy gasoline for under $2.50

You're an idiot.

No. - But you sure as hell are.

After the August 2009 regulatory approval under the Obama Administration allowed Multi-Well-Pads "Eco-Pads" to have no setback requirement from property lines, oil companies could drill longer horizontal laterals with each well, stimulating and harvesting reservoir rock that was previously left untouched between wells. “We’ll be drilling fence-to-fence, which has to have a significant effect on each well’s production,” said Mr. Hamm of Confidential. “Everyone benefits — the state, mineral owners and the producer.” Fracking oil shale became much more economically viable with reduced regulations on Multi-Well-Pads.

New efficient drilling allowances drove breakeven rates in the Bakken shale oil play as low as $58 per barrel, according to Wood Mackenzie report, far lower than the traditional $73+ per barrel figure frequently touted by analysts.

The fast adoption of multi-well pad drilling, or the ability to drill several wells from one location, reduced the average cost per well to $7.5 million, allowing companies to make more off each barrel of oil, Wood Mackenzie analyst Jonathan Garret said. "The major driver of (well cost) reduction has to do with the number of wells drilled from pads," Garret said. "You're now drilling 3, 4, 12, even 16 wells from a single pad."

This year, more than 90 percent of wells drilled in the Bakken will be drilled from multi-well pads, Garret said. Multi-well pad drilling is much more efficient & environmentally friendly. Bakken breakeven prices are closely watched by the industry and the development of the massive shale play has outpaced forecasts in recent years. Eco-Pad explosion is the force driving the U.S. oil renaissance.

 

[ShackledNation]

Gas prices are falling--like many other commodities--because the value of the dollar is increasing. A large reason for this is because of anticipated rises in interest rates and the end of quantitative easing (aka the money supply is going to stop growing and causing inflation).

I'm not sure if fracking has had much of an impact or not, but maybe. Even here in CA the cheapo gas is back at $3.09. I did a double take when I saw that (Chevron etc. is still about 30 cents more than that).

 

[RKMBrown]

US oil production boom under Obama because regulators under his administration allowed boundary-less limitless multi-pad drilling & fracking. US oil production declined the entire time Bush was in office.

Today we can buy gasoline for under $2.50

You're an idiot.

No. - But you sure as hell are.

After the August 2009 regulatory approval under the Obama Administration allowed Multi-Well-Pads "Eco-Pads" to have no setback requirement from property lines, oil companies could drill longer horizontal laterals with each well, stimulating and harvesting reservoir rock that was previously left untouched between wells. “We’ll be drilling fence-to-fence, which has to have a significant effect on each well’s production,” said Mr. Hamm of Confidential. “Everyone benefits — the state, mineral owners and the producer.” Fracking oil shale became much more economically viable with reduced regulations on Multi-Well-Pads.

New efficient drilling allowances drove breakeven rates in the Bakken shale oil play as low as $58 per barrel, according to Wood Mackenzie report, far lower than the traditional $73+ per barrel figure frequently touted by analysts.

The fast adoption of multi-well pad drilling, or the ability to drill several wells from one location, reduced the average cost per well to $7.5 million, allowing companies to make more off each barrel of oil, Wood Mackenzie analyst Jonathan Garret said. "The major driver of (well cost) reduction has to do with the number of wells drilled from pads," Garret said. "You're now drilling 3, 4, 12, even 16 wells from a single pad."

This year, more than 90 percent of wells drilled in the Bakken will be drilled from multi-well pads, Garret said. Multi-well pad drilling is much more efficient & environmentally friendly. Bakken breakeven prices are closely watched by the industry and the development of the massive shale play has outpaced forecasts in recent years. Eco-Pad explosion is the force driving the U.S. oil renaissance.

What does Obama's cum taste like.. does he make you swallow?

 

[candycorn]

Gas prices drop below $3 a gallon. That hasn’t happened in four years (+video)

Gas prices have fallen to the lowest levels since December 2010. Cheap prices at the pump are the result of a glut of oil in the global market, which has driven crude oil prices down significantly over the last several months.


Gas prices drop below 3 a gallon. That hasn t happened in four years video - CSMonitor.com

Thanks POTUS.

 

[RKMBrown]

Gas prices drop below $3 a gallon. That hasn’t happened in four years (+video)

Gas prices have fallen to the lowest levels since December 2010. Cheap prices at the pump are the result of a glut of oil in the global market, which has driven crude oil prices down significantly over the last several months.


Gas prices drop below 3 a gallon. That hasn t happened in four years video - CSMonitor.com

Thanks POTUS.

Thanks for nothing POTUS, you asshole. Thanks for raising our rates on electricity. Thanks for trading food prices for gas prices ass hole. Thanks for screwing everyone in this country by bringing in tens of millions of illegals and h1b visa foreigners, you POS.

 

[candycorn]

Gas prices drop below $3 a gallon. That hasn’t happened in four years (+video)

Gas prices have fallen to the lowest levels since December 2010. Cheap prices at the pump are the result of a glut of oil in the global market, which has driven crude oil prices down significantly over the last several months.


Gas prices drop below 3 a gallon. That hasn t happened in four years video - CSMonitor.com

Thanks POTUS.

Thanks for nothing POTUS, you asshole. Thanks for raising our rates on electricity. Thanks for trading food prices for gas prices ass hole. Thanks for screwing everyone in this country by bringing in tens of millions of illegals and h1b visa foreigners, you POS.

Thanks for Making RKM realize how bad his bad choices in life have paid off. Thanks for making him realize he should have tried harder, that just showing up wasn't enough, and that he'll always be a loser.

Good job POTUS.

 

[RKMBrown]

Gas prices drop below $3 a gallon. That hasn’t happened in four years (+video)

Gas prices have fallen to the lowest levels since December 2010. Cheap prices at the pump are the result of a glut of oil in the global market, which has driven crude oil prices down significantly over the last several months.


Gas prices drop below 3 a gallon. That hasn t happened in four years video - CSMonitor.com

Thanks POTUS.

Thanks for nothing POTUS, you asshole. Thanks for raising our rates on electricity. Thanks for trading food prices for gas prices ass hole. Thanks for screwing everyone in this country by bringing in tens of millions of illegals and h1b visa foreigners, you POS.

Thanks for Making RKM realize how bad his bad choices in life have paid off. Thanks for making him realize he should have tried harder, that just showing up wasn't enough, and that he'll always be a loser.

Good job POTUS.

WTF kind of drugs are you smoking? WTF do my life choices have to do with this PIECE OF SHIT WE HAVE IN THE WHITE HOUSE?

 

[candycorn]

Gas prices drop below $3 a gallon. That hasn’t happened in four years (+video)

Gas prices have fallen to the lowest levels since December 2010. Cheap prices at the pump are the result of a glut of oil in the global market, which has driven crude oil prices down significantly over the last several months.


Gas prices drop below 3 a gallon. That hasn t happened in four years video - CSMonitor.com

Thanks POTUS.

Thanks for nothing POTUS, you asshole. Thanks for raising our rates on electricity. Thanks for trading food prices for gas prices ass hole. Thanks for screwing everyone in this country by bringing in tens of millions of illegals and h1b visa foreigners, you POS.

Thanks for Making RKM realize how bad his bad choices in life have paid off. Thanks for making him realize he should have tried harder, that just showing up wasn't enough, and that he'll always be a loser.

Good job POTUS.

WTF kind of drugs are you smoking? WTF do my life choices have to do with this PIECE OF SHIT WE HAVE IN THE WHITE HOUSE?

That you're sour, profane, always bitching and moaning at the conditions of your life report what type of loser you are.

 

[RKMBrown]

Gas prices drop below $3 a gallon. That hasn’t happened in four years (+video)

Gas prices have fallen to the lowest levels since December 2010. Cheap prices at the pump are the result of a glut of oil in the global market, which has driven crude oil prices down significantly over the last several months.


Gas prices drop below 3 a gallon. That hasn t happened in four years video - CSMonitor.com

Thanks POTUS.

Thanks for nothing POTUS, you asshole. Thanks for raising our rates on electricity. Thanks for trading food prices for gas prices ass hole. Thanks for screwing everyone in this country by bringing in tens of millions of illegals and h1b visa foreigners, you POS.

Thanks for Making RKM realize how bad his bad choices in life have paid off. Thanks for making him realize he should have tried harder, that just showing up wasn't enough, and that he'll always be a loser.

Good job POTUS.

WTF kind of drugs are you smoking? WTF do my life choices have to do with this PIECE OF SHIT WE HAVE IN THE WHITE HOUSE?

That you're sour, profane, always bitching and moaning at the conditions of your life report what type of loser you are.

LOL you socialists are all the same. GIVE ME ALL YOUR MONEY OR I'LL CALL YOU A CRY BABY. How about you get your own income and leave mine alone. How about you stop taking my income to subsidize your gas bill. How about you stop taking my income to burn corn. How about you stop voting POS jerks like Obama into the white house to benefit your pocket at my expense.

 

[candycorn]

Gas prices drop below $3 a gallon. That hasn’t happened in four years (+video)

Gas prices have fallen to the lowest levels since December 2010. Cheap prices at the pump are the result of a glut of oil in the global market, which has driven crude oil prices down significantly over the last several months.


Gas prices drop below 3 a gallon. That hasn t happened in four years video - CSMonitor.com

Thanks POTUS.

Thanks for nothing POTUS, you asshole. Thanks for raising our rates on electricity. Thanks for trading food prices for gas prices ass hole. Thanks for screwing everyone in this country by bringing in tens of millions of illegals and h1b visa foreigners, you POS.

Thanks for Making RKM realize how bad his bad choices in life have paid off. Thanks for making him realize he should have tried harder, that just showing up wasn't enough, and that he'll always be a loser.

Good job POTUS.

WTF kind of drugs are you smoking? WTF do my life choices have to do with this PIECE OF SHIT WE HAVE IN THE WHITE HOUSE?

That you're sour, profane, always bitching and moaning at the conditions of your life report what type of loser you are.

LOL you socialists are all the same. GIVE ME ALL YOUR MONEY OR I'LL CALL YOU A CRY BABY. How about you get your own income and leave mine alone. How about you stop taking my income to subsidize your gas bill. How about you stop taking my income to burn corn. How about you stop voting POS jerks like Obama into the white house to benefit your pocket at my expense.

Oh boo hoo.
Haven't you heard? Higher energy prices are a good thing?