How about them gas prices

I heard $4.50/gal by July 4th. Millions of Biden voters are saying....."I didn't vote for that". Yes you did, you dumb cockroach.

You aren't taking into consideration that most of the taxes on a gallon of gas are done by the States. The Federal Government only does an 18.7 cent per gallon but more of the states are much higher. And most states are considering raising those taxes even higher. Some already have and will raise them even more.

We are now driving more. And if we drive more, the demand goes up even if the supply stays the same. When the demand goes up so does the price. I imagine, after things normalize, the gas prices will settle to about just over 3 bucks a gallon.
Biden shutting down pipelines means look less fuel in the market. That means higher prices.

There is a reason that the Keystone Oil Sands Oil is going for 29 bucks a barrel. It's dirty, real dirty and hard and expensive to process into fuels. It's just one step above processing Coal for fuel. About the only use for it is in plastics and such and that's expensive. It would be exported to countries that are pretty much not able to buy off the world oil market, as in 3rd world countries that no one else wants to do business with. Not one ounce of that oil will be processed in the US. It was always to be put on oil barges and exported. The US has zero use for it and Canada really doesn't either but they have it. It's right up there with the Tar Pits in California that bubbles to the surface and all we do is build fences around it to prevent your stupid children from going for a swim.
Bullshit.

The oil industry actually hasn’t done that well under Trump
View attachment 464899
Oct 27, 2020 · Trump has certainly promised to boost the fortunes of fossil fuels. He’s bragged about record energy production during rallies with oil-patch voters in states like Pennsylvania and Texas, while...
So you agree with me that the USA should produce more of our own oil. Cool.

Note the dates.
President Biden is already boosting oil prices, and he’s barely gotten started.

Biden has pushed those prices, which were already rising because of severe weather, even higher by gratuitously alienating Saudi Arabia. The Gulf kingdom just surprised energy markets by announcing it would not raise oil output, despite developing supply constraints and rising prices. Oil prices jumped on the news, popping 4 percent to pre-pandemic levels for the first time in a year; the surge rattled markets already nervous about rising inflation.

Thanks Joe that's what America needs...ya fricken clown.

As gas prices soar, Americans can blame Joe Biden
Crude oil production in the United States increased in 8 of the past 10 years. In 2020, however, responses to COVID-19 contributed to the rapid decline in demand for refined petroleum products. As a result, crude oil prices fell to their lowest annual average since 2003, refinery runs decreased, and crude oil production was curtailed, which is documented in the complete set of final 2020 monthly data in the U.S. Energy Information Administration’s (EIA) recently released Petroleum Supply Monthly (Figure 1). Crude oil production in the United States in 2020 fell to its lowest monthly average during May when it was 10.0 million barrels per day (b/d), and it remained less than 11.0 million b/d until November. In 2020, U.S. crude oil production averaged 11.3 million b/d, 0.9 million b/d less than in 2019.--https://www.eia.gov/petroleum/weekly/

Oil production should be ramping up the most in Red States who disbelieve in the pandemic.


160721142411-us-oil-production-soars-under-obama-780x439.jpg
Once again how did obama do it?

Obama didn't do anything.. The ppb went up so the US oilmen borrowed money and began exploration and drilling.


Of course the idiot did something, he made the Iran nuclear deal that pissed off the Saudis and they flooded the market.



EIA: U.S. Net Oil Imports to Drop to Lowest Levels in 60 ...
...
Jul 10, 2018 · U.S. net oil imports are projected to drop by nearly 60 percent next year compared to 2017, falling to their lowest levels since 1958, the U.S. Energy Information Administration said Tuesday in
Up to $2.72 in Daytona now.

$4.09 in Anaheim.

Rising fast.

Thanks Quid Pro!
Proof inflation happens even without raising the minimum wage, right wingers!

President Biden canceled the keystone pipeline= 1,000s of union workers out of a job plus rise in oil.

They were temporary jobs.. the Keystone is an export pipeline. NO benefit to US markets.

The rise in the ppb is because demand was depressed during covid. Domestic producers cannot survive on prices below $60.


Russia and saudi was at a oil war as I linked to with forbes and once again what construction jobs is not temporary?

You don't understand the Russians or the Saudis.
Of course I do an understand the politics, you don't understand an anti fracking, anti pipeline, anti drilling president, pro green energy president equals higher oil prices.
 
What’s the point of stewing over gas prices?

It costs what it costs and if you need it, you need it.

Pull in, fill up, and move on.

High gas prices hurt the poor most. Once again we see the Nazi democrats putting their boot in the face of those in poverty.
Exactly. Not one Democrat has promoted a raise for seniors on Social Security. Minimum wage and rent goes up in states while seniors income stays the same. They can't even afford to go to McDonald's for lunch.

I have had several small increases in my social security. What are you talking about?
They also increase your Medicare deduction at the same time so you're only getting a couple dollars. Besides, the Social Security increase is for cost of living; therefore, you're not really getting an increase, you're just keeping pace, barely. You're not very smart. You must be a Democrat.
 
I heard $4.50/gal by July 4th. Millions of Biden voters are saying....."I didn't vote for that". Yes you did, you dumb cockroach.

You aren't taking into consideration that most of the taxes on a gallon of gas are done by the States. The Federal Government only does an 18.7 cent per gallon but more of the states are much higher. And most states are considering raising those taxes even higher. Some already have and will raise them even more.

We are now driving more. And if we drive more, the demand goes up even if the supply stays the same. When the demand goes up so does the price. I imagine, after things normalize, the gas prices will settle to about just over 3 bucks a gallon.
Biden shutting down pipelines means look less fuel in the market. That means higher prices.

There is a reason that the Keystone Oil Sands Oil is going for 29 bucks a barrel. It's dirty, real dirty and hard and expensive to process into fuels. It's just one step above processing Coal for fuel. About the only use for it is in plastics and such and that's expensive. It would be exported to countries that are pretty much not able to buy off the world oil market, as in 3rd world countries that no one else wants to do business with. Not one ounce of that oil will be processed in the US. It was always to be put on oil barges and exported. The US has zero use for it and Canada really doesn't either but they have it. It's right up there with the Tar Pits in California that bubbles to the surface and all we do is build fences around it to prevent your stupid children from going for a swim.
Bullshit.

The oil industry actually hasn’t done that well under Trump
View attachment 464899
Oct 27, 2020 · Trump has certainly promised to boost the fortunes of fossil fuels. He’s bragged about record energy production during rallies with oil-patch voters in states like Pennsylvania and Texas, while...
So you agree with me that the USA should produce more of our own oil. Cool.

Note the dates.
President Biden is already boosting oil prices, and he’s barely gotten started.

Biden has pushed those prices, which were already rising because of severe weather, even higher by gratuitously alienating Saudi Arabia. The Gulf kingdom just surprised energy markets by announcing it would not raise oil output, despite developing supply constraints and rising prices. Oil prices jumped on the news, popping 4 percent to pre-pandemic levels for the first time in a year; the surge rattled markets already nervous about rising inflation.

Thanks Joe that's what America needs...ya fricken clown.

As gas prices soar, Americans can blame Joe Biden
Crude oil production in the United States increased in 8 of the past 10 years. In 2020, however, responses to COVID-19 contributed to the rapid decline in demand for refined petroleum products. As a result, crude oil prices fell to their lowest annual average since 2003, refinery runs decreased, and crude oil production was curtailed, which is documented in the complete set of final 2020 monthly data in the U.S. Energy Information Administration’s (EIA) recently released Petroleum Supply Monthly (Figure 1). Crude oil production in the United States in 2020 fell to its lowest monthly average during May when it was 10.0 million barrels per day (b/d), and it remained less than 11.0 million b/d until November. In 2020, U.S. crude oil production averaged 11.3 million b/d, 0.9 million b/d less than in 2019.--https://www.eia.gov/petroleum/weekly/

Oil production should be ramping up the most in Red States who disbelieve in the pandemic.


160721142411-us-oil-production-soars-under-obama-780x439.jpg
Once again how did obama do it?

Obama didn't do anything.. The ppb went up so the US oilmen borrowed money and began exploration and drilling.


Of course the idiot did something, he made the Iran nuclear deal that pissed off the Saudis and they flooded the market.



EIA: U.S. Net Oil Imports to Drop to Lowest Levels in 60 ...
...
Jul 10, 2018 · U.S. net oil imports are projected to drop by nearly 60 percent next year compared to 2017, falling to their lowest levels since 1958, the U.S. Energy Information Administration said Tuesday in
Up to $2.72 in Daytona now.

$4.09 in Anaheim.

Rising fast.

Thanks Quid Pro!
Proof inflation happens even without raising the minimum wage, right wingers!

President Biden canceled the keystone pipeline= 1,000s of union workers out of a job plus rise in oil.

They were temporary jobs.. the Keystone is an export pipeline. NO benefit to US markets.

The rise in the ppb is because demand was depressed during covid. Domestic producers cannot survive on prices below $60.

Russia and saudi was at a oil war as I linked to with forbes and once again what construction jobs is not temporary?

You don't understand the Russians or the Saudis.
Of course I do an understand the politics, you don't understand an anti fracking, anti pipeline, anti drilling president, pro green energy president equals higher oil prices.


There is a glut of oil on the market.
 
 
I heard $4.50/gal by July 4th. Millions of Biden voters are saying....."I didn't vote for that". Yes you did, you dumb cockroach.

You aren't taking into consideration that most of the taxes on a gallon of gas are done by the States. The Federal Government only does an 18.7 cent per gallon but more of the states are much higher. And most states are considering raising those taxes even higher. Some already have and will raise them even more.

We are now driving more. And if we drive more, the demand goes up even if the supply stays the same. When the demand goes up so does the price. I imagine, after things normalize, the gas prices will settle to about just over 3 bucks a gallon.
Biden shutting down pipelines means look less fuel in the market. That means higher prices.

There is a reason that the Keystone Oil Sands Oil is going for 29 bucks a barrel. It's dirty, real dirty and hard and expensive to process into fuels. It's just one step above processing Coal for fuel. About the only use for it is in plastics and such and that's expensive. It would be exported to countries that are pretty much not able to buy off the world oil market, as in 3rd world countries that no one else wants to do business with. Not one ounce of that oil will be processed in the US. It was always to be put on oil barges and exported. The US has zero use for it and Canada really doesn't either but they have it. It's right up there with the Tar Pits in California that bubbles to the surface and all we do is build fences around it to prevent your stupid children from going for a swim.
Bullshit.

The oil industry actually hasn’t done that well under Trump
View attachment 464899
Oct 27, 2020 · Trump has certainly promised to boost the fortunes of fossil fuels. He’s bragged about record energy production during rallies with oil-patch voters in states like Pennsylvania and Texas, while...
So you agree with me that the USA should produce more of our own oil. Cool.

Note the dates.
President Biden is already boosting oil prices, and he’s barely gotten started.

Biden has pushed those prices, which were already rising because of severe weather, even higher by gratuitously alienating Saudi Arabia. The Gulf kingdom just surprised energy markets by announcing it would not raise oil output, despite developing supply constraints and rising prices. Oil prices jumped on the news, popping 4 percent to pre-pandemic levels for the first time in a year; the surge rattled markets already nervous about rising inflation.

Thanks Joe that's what America needs...ya fricken clown.

As gas prices soar, Americans can blame Joe Biden
Crude oil production in the United States increased in 8 of the past 10 years. In 2020, however, responses to COVID-19 contributed to the rapid decline in demand for refined petroleum products. As a result, crude oil prices fell to their lowest annual average since 2003, refinery runs decreased, and crude oil production was curtailed, which is documented in the complete set of final 2020 monthly data in the U.S. Energy Information Administration’s (EIA) recently released Petroleum Supply Monthly (Figure 1). Crude oil production in the United States in 2020 fell to its lowest monthly average during May when it was 10.0 million barrels per day (b/d), and it remained less than 11.0 million b/d until November. In 2020, U.S. crude oil production averaged 11.3 million b/d, 0.9 million b/d less than in 2019.--https://www.eia.gov/petroleum/weekly/

Oil production should be ramping up the most in Red States who disbelieve in the pandemic.


160721142411-us-oil-production-soars-under-obama-780x439.jpg
Once again how did obama do it?

Obama didn't do anything.. The ppb went up so the US oilmen borrowed money and began exploration and drilling.


Of course the idiot did something, he made the Iran nuclear deal that pissed off the Saudis and they flooded the market.



EIA: U.S. Net Oil Imports to Drop to Lowest Levels in 60 ...
...
Jul 10, 2018 · U.S. net oil imports are projected to drop by nearly 60 percent next year compared to 2017, falling to their lowest levels since 1958, the U.S. Energy Information Administration said Tuesday in
Up to $2.72 in Daytona now.

$4.09 in Anaheim.

Rising fast.

Thanks Quid Pro!
Proof inflation happens even without raising the minimum wage, right wingers!

President Biden canceled the keystone pipeline= 1,000s of union workers out of a job plus rise in oil.

They were temporary jobs.. the Keystone is an export pipeline. NO benefit to US markets.

The rise in the ppb is because demand was depressed during covid. Domestic producers cannot survive on prices below $60.

Russia and saudi was at a oil war as I linked to with forbes and once again what construction jobs is not temporary?

You don't understand the Russians or the Saudis.
Of course I do an understand the politics, you don't understand an anti fracking, anti pipeline, anti drilling president, pro green energy president equals higher oil prices.


There is a glut of oil on the market.
Oil prices have halved since the start of the year because demand has been hit by the coronavirus outbreak and after Russia and OPEC failed to reach a new deal on supply cuts. ...Mar 13, 2020
1615155407022.png

www.reuters.com › us-oil-opec-saudi
Saudi Arabia floods markets with $25 oil as Russia fight escalates ...
 
I heard $4.50/gal by July 4th. Millions of Biden voters are saying....."I didn't vote for that". Yes you did, you dumb cockroach.

You aren't taking into consideration that most of the taxes on a gallon of gas are done by the States. The Federal Government only does an 18.7 cent per gallon but more of the states are much higher. And most states are considering raising those taxes even higher. Some already have and will raise them even more.

We are now driving more. And if we drive more, the demand goes up even if the supply stays the same. When the demand goes up so does the price. I imagine, after things normalize, the gas prices will settle to about just over 3 bucks a gallon.
Biden shutting down pipelines means look less fuel in the market. That means higher prices.

There is a reason that the Keystone Oil Sands Oil is going for 29 bucks a barrel. It's dirty, real dirty and hard and expensive to process into fuels. It's just one step above processing Coal for fuel. About the only use for it is in plastics and such and that's expensive. It would be exported to countries that are pretty much not able to buy off the world oil market, as in 3rd world countries that no one else wants to do business with. Not one ounce of that oil will be processed in the US. It was always to be put on oil barges and exported. The US has zero use for it and Canada really doesn't either but they have it. It's right up there with the Tar Pits in California that bubbles to the surface and all we do is build fences around it to prevent your stupid children from going for a swim.
Bullshit.

The oil industry actually hasn’t done that well under Trump
View attachment 464899
Oct 27, 2020 · Trump has certainly promised to boost the fortunes of fossil fuels. He’s bragged about record energy production during rallies with oil-patch voters in states like Pennsylvania and Texas, while...
So you agree with me that the USA should produce more of our own oil. Cool.

Note the dates.
President Biden is already boosting oil prices, and he’s barely gotten started.

Biden has pushed those prices, which were already rising because of severe weather, even higher by gratuitously alienating Saudi Arabia. The Gulf kingdom just surprised energy markets by announcing it would not raise oil output, despite developing supply constraints and rising prices. Oil prices jumped on the news, popping 4 percent to pre-pandemic levels for the first time in a year; the surge rattled markets already nervous about rising inflation.

Thanks Joe that's what America needs...ya fricken clown.

As gas prices soar, Americans can blame Joe Biden
Crude oil production in the United States increased in 8 of the past 10 years. In 2020, however, responses to COVID-19 contributed to the rapid decline in demand for refined petroleum products. As a result, crude oil prices fell to their lowest annual average since 2003, refinery runs decreased, and crude oil production was curtailed, which is documented in the complete set of final 2020 monthly data in the U.S. Energy Information Administration’s (EIA) recently released Petroleum Supply Monthly (Figure 1). Crude oil production in the United States in 2020 fell to its lowest monthly average during May when it was 10.0 million barrels per day (b/d), and it remained less than 11.0 million b/d until November. In 2020, U.S. crude oil production averaged 11.3 million b/d, 0.9 million b/d less than in 2019.--https://www.eia.gov/petroleum/weekly/

Oil production should be ramping up the most in Red States who disbelieve in the pandemic.


160721142411-us-oil-production-soars-under-obama-780x439.jpg
Once again how did obama do it?

Obama didn't do anything.. The ppb went up so the US oilmen borrowed money and began exploration and drilling.


Of course the idiot did something, he made the Iran nuclear deal that pissed off the Saudis and they flooded the market.



EIA: U.S. Net Oil Imports to Drop to Lowest Levels in 60 ...
...
Jul 10, 2018 · U.S. net oil imports are projected to drop by nearly 60 percent next year compared to 2017, falling to their lowest levels since 1958, the U.S. Energy Information Administration said Tuesday in
Up to $2.72 in Daytona now.

$4.09 in Anaheim.

Rising fast.

Thanks Quid Pro!
Proof inflation happens even without raising the minimum wage, right wingers!

President Biden canceled the keystone pipeline= 1,000s of union workers out of a job plus rise in oil.

They were temporary jobs.. the Keystone is an export pipeline. NO benefit to US markets.

The rise in the ppb is because demand was depressed during covid. Domestic producers cannot survive on prices below $60.

Russia and saudi was at a oil war as I linked to with forbes and once again what construction jobs is not temporary?

You don't understand the Russians or the Saudis.
Of course I do an understand the politics, you don't understand an anti fracking, anti pipeline, anti drilling president, pro green energy president equals higher oil prices.


There is a glut of oil on the market.
Oil prices have halved since the start of the year because demand has been hit by the coronavirus outbreak and after Russia and OPEC failed to reach a new deal on supply cuts. ...Mar 13, 2020
View attachment 465197
www.reuters.com › us-oil-opec-saudi
Saudi Arabia floods markets with $25 oil as Russia fight escalates ...

Yes, I know.
 
MARCH 13, 20209:50 AMUPDATED A YEAR AGO
Saudi Arabia floods markets with $25 oil as Russia fight escalates
By Olga Yagova

MOSCOW (Reuters) - Saudi Arabia is flooding markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia, in an escalation of its fight with Moscow for market share, five trading sources said on Friday.
 
big oil has been sticking it to people for years. Record profit after record profit. I hold them accountable. To trust industry to do the right thing...laughable.
 
So?
 
big oil has been sticking it to people for years. Record profit after record profit. I hold them accountable. To trust industry to do the right thing...laughable.

Big oil's profit margin has remained the same for decades.. about 7%

As of March 6th

Saudi- OPEC Basket Price Stood, at $64.26
 
big oil has been sticking it to people for years. Record profit after record profit. I hold them accountable. To trust industry to do the right thing...laughable.
Cheep power is sticking it to the people?
 
Yep...cheap power laughs all the way to the bank and the profit margin is bigger than 7 percent.
 
Yep...cheap power laughs all the way to the bank and the profit margin is bigger than 7 percent.
The state's excise tax rose 3.2 cents per gallon, bringing the total to 50.5 cents. Including federal and other taxes, California motorists are paying 79 cents in taxes per gallon at the pump — the highest in the nation, according to the American Petroleum Institute.Jul 1, 2020
1615156177501.png

ktla.com › news › california › c...
California's gas tax hits 50 cents a gallon after July 1 increase | KTLA
 
Yep...cheap power laughs all the way to the bank and the profit margin is bigger than 7 percent.

What Is the Average Profit Margin for a Company in the Oil ...
...
Jan 06, 2021 · As of January 2020, the average net profit margin for the oil and gas drilling industry was 6.8%. The average net profit margin for many sectors will be significantly affected by the COVID-19...
Oh really



 
Yep...cheap power laughs all the way to the bank and the profit margin is bigger than 7 percent.

What Is the Average Profit Margin for a Company in the Oil ...
...
Jan 06, 2021 · As of January 2020, the average net profit margin for the oil and gas drilling industry was 6.8%. The average net profit margin for many sectors will be significantly affected by the COVID-19...
Oh really



Yep...cheap power laughs all the way to the bank and the profit margin is bigger than 7 percent.

What Is the Average Profit Margin for a Company in the Oil ...
...
Jan 06, 2021 · As of January 2020, the average net profit margin for the oil and gas drilling industry was 6.8%. The average net profit margin for many sectors will be significantly affected by the COVID-19...
Oh really




Yep...cheap power laughs all the way to the bank and the profit margin is bigger than 7 percent.

What Is the Average Profit Margin for a Company in the Oil ...
...
Jan 06, 2021 · As of January 2020, the average net profit margin for the oil and gas drilling industry was 6.8%. The average net profit margin for many sectors will be significantly affected by the COVID-19...
Oh really




Saudi ARAMCO is the most well integrated oil company in the world both vertically and horizontally .. with economies of scale.. The US has nothing to compare because most US wells pump less than 50 bpd.. In fact we still use old rocker pumps instead of Christmas trees.
 
Yep...cheap power laughs all the way to the bank and the profit margin is bigger than 7 percent.

What Is the Average Profit Margin for a Company in the Oil ...
...
Jan 06, 2021 · As of January 2020, the average net profit margin for the oil and gas drilling industry was 6.8%. The average net profit margin for many sectors will be significantly affected by the COVID-19...
Oh really



Yep...cheap power laughs all the way to the bank and the profit margin is bigger than 7 percent.

What Is the Average Profit Margin for a Company in the Oil ...
...
Jan 06, 2021 · As of January 2020, the average net profit margin for the oil and gas drilling industry was 6.8%. The average net profit margin for many sectors will be significantly affected by the COVID-19...
Oh really




Yep...cheap power laughs all the way to the bank and the profit margin is bigger than 7 percent.

What Is the Average Profit Margin for a Company in the Oil ...
...
Jan 06, 2021 · As of January 2020, the average net profit margin for the oil and gas drilling industry was 6.8%. The average net profit margin for many sectors will be significantly affected by the COVID-19...
Oh really




Saudi ARAMCO is the most well integrated oil company in the world both vertically and horizontally .. with economies of scale.. The US has nothing to compare because most US wells pump less than 50 bpd.. In fact we still use old rocker pumps instead of Christmas trees.
Lmao



In the complicated but vital industry of drawing oil and gas out of the earth and getting it to the surface, people often get confused about the difference between a Christmas tree assembly and a wellhead. Although the terms are used interchangeably, they are not the same piece of equipment. Each has valves and related equipment that help it control and guide the flow of this precious resource.

WHICH IS WHICH?
A Christmas tree is an assembly of valves, spools and fittings used for oil, gas, water injection, water disposal, gas injection, condensate and other types of wells. It is named for its resemblance to a decorated tree at Christmas.

A wellhead must be present to utilize a Christmas tree and is used without a Christmas tree during drilling operations. The wellhead is the component at the surface of a well that provides the structural and pressure-containing interface for the drilling and production equipment. Producing surface wells that require pumps (pump jacks, nodding donkeys, etc.) frequently do not use any tree because no pressure containment is required.
 
What’s the point of stewing over gas prices?

It costs what it costs and if you need it, you need it.

Pull in, fill up, and move on.

High gas prices hurt the poor most. Once again we see the Nazi democrats putting their boot in the face of those in poverty.
Exactly. Not one Democrat has promoted a raise for seniors on Social Security. Minimum wage and rent goes up in states while seniors income stays the same. They can't even afford to go to McDonald's for lunch.

I have had several small increases in my social security. What are you talking about?

And my refund went down another 100 bucks again. At 70, I am still paying taxes but not on my SSI. And my taxes keep going up at a higher rate than my Cost of Living increase.
 

New Topics

Forum List

Back
Top