Higher Gas Prices. Trump's Payoff To Putin?

[Ray From Cleveland]

Why are you complaining, Trump is saving the planet , if you say is true...

Notice whenever someone on the America-hating Right gets caught lying, one of their fellow travelers always tries to change the subject.

How is it lying ? The only way to save the planet is gas prices to be $20 bucks a gallon..

And now the dumb act.
Whitehall lied about the average price for gas Obama's last year was $4.00 a gallon when it was $2.14.
I accused YOU of changing the subject, which you are STILL trying to do.

View attachment 195362

As we can see, gasoline prices soared after DumBama's first term. While you like to brag about what they were when his second term ended, it had nothing to do with anything he did. It was fracking that greatly lowered our fuel costs as well as stir up our economy. People found more money in their household; some people into the hundreds of dollars per month. We were able to pay off outstanding bills, spend more of that money into the economy, and even expand our personal investments.

Now if you want to credit Ears with any of the success in fuel, please tell me what policy that was.

Fake graph.

Because it goes against your beliefs. Very well, post a better graph from a more reliable source.

 

[edthecynic]

It's memorial weekend for one

It was memorial weekend a year ago too!
Current Avg. $2.969
Year Ago Avg. $2.372
Tramp's "gas tax" is nearly $0.60 more than the same memorial weekend last year!!!

Gas tax? What gas tax?

The extra $0.60 you are paying thanks to Tramp's energy policies.
That gas tax.

What policy in particular? Have a link to what you're talking about?

Well for starters pathological liar Tramp approved the keystone pipeline which diverted crude from Midwest refineries where it could only be sold in the USA to gulf refineries so it can be exported which by itself raises the price 15%. Then he violated the Iran deal removing their oil from the world market reducing the supply available on the open market jacking the price to everyone worldwide.

 

[OnePercenter]

Gas prices were around 4.00 per gallon in Hussein's last year. Lefties want gas prices to be high because it is part of their fantasy about the Iran treaty but it ain't the truth.

Really?

Gas prices one year ago were $2.37 gal.

 

[OnePercenter]

The pulling out of the Iranian nuclear deal did nothing for the US but it sure helped petro-criminals like Putin and the Saudis. With Iranian oil off the market the Russians, Saudis and big oil are all able to make huge profits.

The American consumer is now stuck with the bill. That scam wasn't much different from Trump University scams.

No sitting President is responsible for gasoline or oil prices, those prices are set by the commodities market. Regular unleaded and diesel should be regulated at .40 cents above tax.

tRump personally tightened the supply, increasing price.

And the market reacted. The fact remains we have more then enough oil and gasoline without having to use imports.

 

[Crepitus]

Oh please you know Iran never supplied us with any oil.

Lol, it's sold on the open market. Of course we got iranian oil. Educate yourself.

Very little of it; educate yourself.

Out of the top five US oil imports, Iraq is the fifth and we only get 6% of our oil from there. Whatever happens in Iran has very little to do with the price of US gasoline today.

Iran has plenty to do with the price of us oil and gas. Their product is sold on the international market, where it affects the price of all oil.

Read this, it may help you understand.

Oil Prices and Outlook - Energy Explained, Your Guide To Understanding Energy - Energy Information Administration

 

[Crepitus]

The pulling out of the Iranian nuclear deal did nothing for the US but it sure helped petro-criminals like Putin and the Saudis. With Iranian oil off the market the Russians, Saudis and big oil are all able to make huge profits.

The American consumer is now stuck with the bill. That scam wasn't much different from Trump University scams.

No sitting President is responsible for gasoline or oil prices, those prices are set by the commodities market. Regular unleaded and diesel should be regulated at .40 cents above tax.

tRump personally tightened the supply, increasing price.

And the market reacted. The fact remains we have more then enough oil and gasoline without having to use imports.

Got nothing to do with this discussion.

 

[OnePercenter]

The pulling out of the Iranian nuclear deal did nothing for the US but it sure helped petro-criminals like Putin and the Saudis. With Iranian oil off the market the Russians, Saudis and big oil are all able to make huge profits.

The American consumer is now stuck with the bill. That scam wasn't much different from Trump University scams.

No sitting President is responsible for gasoline or oil prices, those prices are set by the commodities market. Regular unleaded and diesel should be regulated at .40 cents above tax.

tRump personally tightened the supply, increasing price.

And the market reacted. The fact remains we have more then enough oil and gasoline without having to use imports.

Got nothing to do with this discussion.

Sure it does. Gasoline prices are set by the commodities market.

 

[Crepitus]

The pulling out of the Iranian nuclear deal did nothing for the US but it sure helped petro-criminals like Putin and the Saudis. With Iranian oil off the market the Russians, Saudis and big oil are all able to make huge profits.

The American consumer is now stuck with the bill. That scam wasn't much different from Trump University scams.

No sitting President is responsible for gasoline or oil prices, those prices are set by the commodities market. Regular unleaded and diesel should be regulated at .40 cents above tax.

tRump personally tightened the supply, increasing price.

And the market reacted. The fact remains we have more then enough oil and gasoline without having to use imports.

Got nothing to do with this discussion.

Sure it does. Gasoline prices are set by the commodities market.

Which is what I have been saying. Where it comes from is immaterial to the price as far as the market is concerned.

 

[Ray From Cleveland]

Oh please you know Iran never supplied us with any oil.

Lol, it's sold on the open market. Of course we got iranian oil. Educate yourself.

Very little of it; educate yourself.

Out of the top five US oil imports, Iraq is the fifth and we only get 6% of our oil from there. Whatever happens in Iran has very little to do with the price of US gasoline today.

Iran has plenty to do with the price of us oil and gas. Their product is sold on the international market, where it affects the price of all oil.

Read this, it may help you understand.

Oil Prices and Outlook - Energy Explained, Your Guide To Understanding Energy - Energy Information Administration

I really didn't have time to read the entire thing because it has nothing to do with Iran, plus this is energy investing 101. Iran is not going to quit selling their oil on the world market.

Because it's energy investing 101, let me point out the most important point of the article:

Crude oil prices are determined by global supply and demand. Economic growth is the biggest factor that affects demand—growing economies require energy. The petroleum products made from crude oil and other hydrocarbon liquids account for about a third of total world energy consumption.

Seasonal changes in demand for petroleum products can influence the supply and demand balance for crude oil and its market price

 

[Ray From Cleveland]

It's memorial weekend for one

It was memorial weekend a year ago too!
Current Avg. $2.969
Year Ago Avg. $2.372
Tramp's "gas tax" is nearly $0.60 more than the same memorial weekend last year!!!

Gas tax? What gas tax?

The extra $0.60 you are paying thanks to Tramp's energy policies.
That gas tax.

What policy in particular? Have a link to what you're talking about?

Well for starters pathological liar Tramp approved the keystone pipeline which diverted crude from Midwest refineries where it could only be sold in the USA to gulf refineries so it can be exported which by itself raises the price 15%. Then he violated the Iran deal removing their oil from the world market reducing the supply available on the open market jacking the price to everyone worldwide.

That's absolutely insane. The Keystone had absolutely nothing to do with it. If the Keystone does anything, it will lower the price of oil and gasoline. The oil comes from Canada you know.

 

[OnePercenter]

No sitting President is responsible for gasoline or oil prices, those prices are set by the commodities market. Regular unleaded and diesel should be regulated at .40 cents above tax.

tRump personally tightened the supply, increasing price.

And the market reacted. The fact remains we have more then enough oil and gasoline without having to use imports.

Got nothing to do with this discussion.

Sure it does. Gasoline prices are set by the commodities market.

Which is what I have been saying. Where it comes from is immaterial to the price as far as the market is concerned.

Yes, but the market is fixed, it's a big bubble that is held together by a few.

The only way to reduce gasoline prices is to cap through regulation which makes market trading null.

 

[Crepitus]

Oh please you know Iran never supplied us with any oil.

Lol, it's sold on the open market. Of course we got iranian oil. Educate yourself.

Very little of it; educate yourself.

Out of the top five US oil imports, Iraq is the fifth and we only get 6% of our oil from there. Whatever happens in Iran has very little to do with the price of US gasoline today.

Iran has plenty to do with the price of us oil and gas. Their product is sold on the international market, where it affects the price of all oil.

Read this, it may help you understand.

Oil Prices and Outlook - Energy Explained, Your Guide To Understanding Energy - Energy Information Administration

I really didn't have time to read the entire thing because it has nothing to do with Iran, plus this is energy investing 101. Iran is not going to quit selling their oil on the world market.

Because it's energy investing 101, let me point out the most important point of the article:

Crude oil prices are determined by global supply and demand. Economic growth is the biggest factor that affects demand—growing economies require energy. The petroleum products made from crude oil and other hydrocarbon liquids account for about a third of total world energy consumption.

Seasonal changes in demand for petroleum products can influence the supply and demand balance for crude oil and its market price

If our admittedly wavering allies follow our leed Iran will indeed stop selling oil on the open market.

 

[Crepitus]

tRump personally tightened the supply, increasing price.

And the market reacted. The fact remains we have more then enough oil and gasoline without having to use imports.

Got nothing to do with this discussion.

Sure it does. Gasoline prices are set by the commodities market.

Which is what I have been saying. Where it comes from is immaterial to the price as far as the market is concerned.

Yes, but the market is fixed, it's a big bubble that is held together by a few.

The only way to reduce gasoline prices is to cap through regulation which makes market trading null.

No, gas prices are a factor of supply, demand, and taxes.

 

[edthecynic]

It was memorial weekend a year ago too!
Current Avg. $2.969
Year Ago Avg. $2.372
Tramp's "gas tax" is nearly $0.60 more than the same memorial weekend last year!!!

Gas tax? What gas tax?

The extra $0.60 you are paying thanks to Tramp's energy policies.
That gas tax.

What policy in particular? Have a link to what you're talking about?

Well for starters pathological liar Tramp approved the keystone pipeline which diverted crude from Midwest refineries where it could only be sold in the USA to gulf refineries so it can be exported which by itself raises the price 15%. Then he violated the Iran deal removing their oil from the world market reducing the supply available on the open market jacking the price to everyone worldwide.

That's absolutely insane. The Keystone had absolutely nothing to do with it. If the Keystone does anything, it will lower the price of oil and gasoline. The oil comes from Canada you know.

And without the keystone the Canadian oil can ONLY be sold in the USA. Diverting the Canadian oil to the Gulf allows it to be exported overseas reducing the supply available for sale in the USA raising the price by 15%.
No matter how much you lie it won't change that fact.

 

[Ray From Cleveland]

Gas tax? What gas tax?

The extra $0.60 you are paying thanks to Tramp's energy policies.
That gas tax.

What policy in particular? Have a link to what you're talking about?

Well for starters pathological liar Tramp approved the keystone pipeline which diverted crude from Midwest refineries where it could only be sold in the USA to gulf refineries so it can be exported which by itself raises the price 15%. Then he violated the Iran deal removing their oil from the world market reducing the supply available on the open market jacking the price to everyone worldwide.

That's absolutely insane. The Keystone had absolutely nothing to do with it. If the Keystone does anything, it will lower the price of oil and gasoline. The oil comes from Canada you know.

And without the keystone the Canadian oil can ONLY be sold in the USA. Diverting the Canadian oil to the Gulf allows it to be exported overseas reducing the supply available for sale in the USA raising the price by 15%.
No matter how much you lie it won't change that fact.

I see. So what you're saying is that they do better by shipping their oil overseas than selling it to the place they transported it to. Do you realize how ridiculous that sounds? That was a hoax that the Democrat party promoted to stop the pipeline in the first place. It was coming here no matter what, the only question was how and why.

Warren Buffett Wins Big In Keystone Pipeline Rejection - Home - The Daily Bail

 

[Deno]

The pulling out of the Iranian nuclear deal did nothing for the US but it sure helped petro-criminals like Putin and the Saudis. With Iranian oil off the market the Russians, Saudis and big oil are all able to make huge profits.

The American consumer is now stuck with the bill. That scam wasn't much different from Trump University scams.

Gas was 4 dollars a gallon under Obama....

 

[Ray From Cleveland]

Oh please you know Iran never supplied us with any oil.

Lol, it's sold on the open market. Of course we got iranian oil. Educate yourself.

Very little of it; educate yourself.

Out of the top five US oil imports, Iraq is the fifth and we only get 6% of our oil from there. Whatever happens in Iran has very little to do with the price of US gasoline today.

Iran has plenty to do with the price of us oil and gas. Their product is sold on the international market, where it affects the price of all oil.

Read this, it may help you understand.

Oil Prices and Outlook - Energy Explained, Your Guide To Understanding Energy - Energy Information Administration

I really didn't have time to read the entire thing because it has nothing to do with Iran, plus this is energy investing 101. Iran is not going to quit selling their oil on the world market.

Because it's energy investing 101, let me point out the most important point of the article:

Crude oil prices are determined by global supply and demand. Economic growth is the biggest factor that affects demand—growing economies require energy. The petroleum products made from crude oil and other hydrocarbon liquids account for about a third of total world energy consumption.

Seasonal changes in demand for petroleum products can influence the supply and demand balance for crude oil and its market price

If our admittedly wavering allies follow our leed Iran will indeed stop selling oil on the open market.

Not likely because all they have is oil. But even if they tried, OPEC won't stand for it. They will increase supply from other oil nations. Remember that we compete with those people using our own oil.

 

[longknife]

The extra $0.60 you are paying thanks to Tramp's energy policies.
That gas tax.

What policy in particular? Have a link to what you're talking about?

Well for starters pathological liar Tramp approved the keystone pipeline which diverted crude from Midwest refineries where it could only be sold in the USA to gulf refineries so it can be exported which by itself raises the price 15%. Then he violated the Iran deal removing their oil from the world market reducing the supply available on the open market jacking the price to everyone worldwide.

That's absolutely insane. The Keystone had absolutely nothing to do with it. If the Keystone does anything, it will lower the price of oil and gasoline. The oil comes from Canada you know.

And without the keystone the Canadian oil can ONLY be sold in the USA. Diverting the Canadian oil to the Gulf allows it to be exported overseas reducing the supply available for sale in the USA raising the price by 15%.
No matter how much you lie it won't change that fact.

I see. So what you're saying is that they do better by shipping their oil overseas than selling it to the place they transported it to. Do you realize how ridiculous that sounds? That was a hoax that the Democrat party promoted to stop the pipeline in the first place. It was coming here no matter what, the only question was how and why.

Warren Buffett Wins Big In Keystone Pipeline Rejection - Home - The Daily Bail

I'm not an expert and I'm sure there are some on here. Isn't most oil from Canada shale oil? And, isn't that not quite suitable for the kind of refining used for vehicle fuels? That means it is simply being transported economically to a port where it can be profitably shipped to the proper markets. Right?

 

[Fang]

Trump Derangement Syndrome

Liberals might want to try some of this for their severe disorder.

 

[Wyatt earp]

Gas tax? What gas tax?

The extra $0.60 you are paying thanks to Tramp's energy policies.
That gas tax.

What policy in particular? Have a link to what you're talking about?

Well for starters pathological liar Tramp approved the keystone pipeline which diverted crude from Midwest refineries where it could only be sold in the USA to gulf refineries so it can be exported which by itself raises the price 15%. Then he violated the Iran deal removing their oil from the world market reducing the supply available on the open market jacking the price to everyone worldwide.

That's absolutely insane. The Keystone had absolutely nothing to do with it. If the Keystone does anything, it will lower the price of oil and gasoline. The oil comes from Canada you know.

And without the keystone the Canadian oil can ONLY be sold in the USA. Diverting the Canadian oil to the Gulf allows it to be exported overseas reducing the supply available for sale in the USA raising the price by 15%.
No matter how much you lie it won't change that fact.

The east and west coast import oil, no matter how much we make because of the EPA and tree huggers..