If 25% of a commodity is removed, will the consumers' cost go up?

[healthmyths]

I am not surprised your propagandists keep you rubes in the dark and fill your heads with lies of omission. It's really sad you keep going back to be lied to more and more.

You really are a submissive cuck, you know that? You deserve to be lied to.


U.K. Fuel Prices Rise Most Since July Amid Fuel Shortages

Soaring petrol prices make French drivers rush to ethanol

Ethanol sales will hit record highs in France this year and next, supported by strong demand for high-ethanol fuel E85 as car owners seek cheaper alternatives to gasoline, producers said on Thursday.

www.reuters.com

Asian, European motorists face record petrol prices as winter sets in

European and Asian motorists may have to contend with high petrol and diesel costs for months to come as a rise in crude prices, resurgent fuel demand and taxes drive up prices at the pump to or near record peaks.

www.reuters.com

Fuel Prices Soar Across Asia as Global Energy Crunch Deepens

Gas price hike – DW – 04/29/2011

Gasoline prices in Germany reached a record high of 1.62 euro per liter, a day after Russia raised export duties by 44 percent to ensure domestic supply. Earlier this week, oil companies reported huge profits.

www.dw.com

Let me know if you need more to penetrate that incredibly dense skull of yours.

.

So how difficult would it have been to do that in the first PLACE you lazy idiot?
If you had the proof why cause people to doubt your veracity when there is NOTHING to substantiate!
It was so simple for you to do why don't you do it all the time? Probably because you are just too..f...k... lazy!

 

[g5000]

Sydney, Melbourne and Brisbane petrol prices are going through the roof. This is why

Motorists in Sydney, Melbourne and Brisbane are facing record high petrol prices at the start of this week, thanks to strong global oil demand and stubbornly low production levels.

www.abc.net.au

In oil-rich Norway, petrol prices sky high

In Norway maoists are protesting against paying highest petrol (gasoline) prices in Europe even when the country is 5th largest oil exporter in the world.

economictimes.indiatimes.com

Gasoline Prices in Greece Driving More Cars Off the Road - The National Herald

ATHENS – With Europe’s sixth-highest price for gasoline – the equivalent of $8.53 a gallon – the cost has become… Continue reading Gasoline Prices in Greece Driving More Cars Off the Road

www.thenationalherald.com

 

[g5000]

So how difficult would it have been to do that in the first PLACE you lazy idiot?
If you had the proof why cause people to doubt your veracity when there is NOTHING to substantiate!
It was so simple for you to do why don't you do it all the time? Probably because you are just too..f...k... lazy!

How lazy is it for you to swallow the piss your propagandists feed you and not investigate the facts for yourself? How DELIBERATE is it for your propagandists to withhold this information from you?

How lazy is it that you don't already know gas prices are soaring around the entire planet?

Do you EVER engage any brain cells in critical thinking? Obviously not.

"It's all Biden's fault! I want to bleev it, so it must be true!" It just does not get any lazier than that!

 

[g5000]

Danish fuel prices at highest-ever level

The price of petrol in Denmark recently reached a record high, according to newly-released figures.

www.thelocal.dk

Inflation is accelerating again as fuel prices rise - Nord News

According to figures released by Statistics Finland on Monday, inflation was 2.2 per cent in May. In April, inflation was 2.1 per cent.

nord.news

 

[g5000]

Gasoline prices are soaring. OPEC and Russia aren't coming to the rescue

OPEC and its allies have disregarded calls from US President Joe Biden to do more to tame soaring energy prices that are fueling inflation and hurting vulnerable households.

www.cnn.com

 

[busybee01]

Question... If 25% of a commodity is reduced and eventually eliminated, will that increase the costs to the consumers of that commodity?

FACT:
About a quarter (25%) of U.S. oil and an eighth of the nation's natural gas is produced on federal lands.
Supporting link: U.S. oil and natural gas production to fall in 2021, then rise in 2022 - Today in Energy - U.S. Energy Information Administration (EIA)

FACT:
If 25% of oil and gas on Federal lands is eliminated from the supply will the cost go up to gasoline consumers?

PROOF!!!

As gas prices soar, Americans can blame Joe Biden​

Biden's attack on U.S. energy producers, starting with his freeze on federal oil and gas leases, will assuredly take a toll on output down the road and cause prices at the pump to rise.
But today, 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 alread

As gas prices soar, Americans can blame Joe Biden

The trouble is that it is not true. The federal government cannot stop oil drilling on land that has already been leased. The moratorium extended to new oil leases. Oil production dropped because demand dropped due to the pandemic and producers cut production. The economy recovered faster than expected and oil production is coming back online slowly.

Saudi Arabia killed a American citizen and they have not been held accountable. OPEC was on the verge of breaking up when Trump negotiated a deal to cut production with OPEC+. Since then oil has gone up.

 

[bripat9643]

The trouble is that it is not true. The federal government cannot stop oil drilling on land that has already been leased. The moratorium extended to new oil leases. Oil production dropped because demand dropped due to the pandemic and producers cut production. The economy recovered faster than expected and oil production is coming back online slowly.

Saudi Arabia killed a American citizen and they have not been held accountable. OPEC was on the verge of breaking up when Trump negotiated a deal to cut production with OPEC+. Since then oil has gone up.

Saudi Arabia did not kill an American citizen, you fucking moron.

I love these snowflake asserstions that they know what is going to happen in the future. The stupidity of such claims is mind boggling.

 

[HenryBHough]

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Get in on the ground floor! Invest the money you're saving by not being able to buy the stuff you need in a sure-fire winner!

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Each vehicles comes with a solar-warmed and safety-approved housing for the power source! Their passionate rubbing provides all the electricity permitted under your Uniform Daily Allowence mandated quota. AND....the gentle purring soothes as you slowly, ever so safely, ease out of your kennel. Kennel: The house deemed proper for your weight and volume by Government Housing Specialists.

OH, if you're not 100% to liberal goals there IS a 4-cat version with a flashy porcine body shape. Just so everyone notices and can hiss and boo as you pass by.

Benefit: Physical fitness! Easily achieved by your daily run catching fuel for your Bidenmobile. Trouble is the government genetically improved mice are getting faster every day.

 

[Ray From Cleveland]

Saudi Arabia did not kill an American citizen, you fucking moron.

I love these snowflake asserstions that they know what is going to happen in the future. The stupidity of such claims is mind boggling.

Plus oil didn't start going up until Dementia cut the Keystone. He's a certified loon that doesn't know what he's talking about.

 

[Ray From Cleveland]

Yes and no though. Now really is the time to start not because the tech is there but because tech does not magically appear ready to sever the market. Without any subsidies at all, EV would still be on the market and they would still be sold. We need early adopters to move the tech forward. There was a time when only rich idiots owned a flat panel TV, they cost 10 times what their traditional counterparts cost and were inferior in many ways too. But getting in the market is what drove further innovation and, more importantly, flushed out what consumers were looking for.

Didn't have to flush out anything. Big screens were popular before they were even being produced. That's why they didn't need anybody pushing for them or government subsidies. Same goes for cell phones, cable or satellite television, video games and so on. The markets knew these would all be huge sellers because most people would want these things, so they invested early which obviously paid off handsomely down the road.

Yes, there would be people buying electric vehicles, but without government paying part of the bill, many less people owning them than today.

 

[CowboyTed]

Question... If 25% of a commodity is reduced and eventually eliminated, will that increase the costs to the consumers of that commodity?

FACT:
About a quarter (25%) of U.S. oil and an eighth of the nation's natural gas is produced on federal lands.
Supporting link: U.S. oil and natural gas production to fall in 2021, then rise in 2022 - Today in Energy - U.S. Energy Information Administration (EIA)

FACT:
If 25% of oil and gas on Federal lands is eliminated from the supply will the cost go up to gasoline consumers?

PROOF!!!

As gas prices soar, Americans can blame Joe Biden​

Biden's attack on U.S. energy producers, starting with his freeze on federal oil and gas leases, will assuredly take a toll on output down the road and cause prices at the pump to rise.
But today, 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 alread

As gas prices soar, Americans can blame Joe Biden

There is so much misinformation there it is hard to grasp...

Biden hasn't had a full ban... So lets get how much land we are talking about.... 26 million Federal acres or 40625 square miles... that is the size of Rhode Island, Delaware & New Jersey put together. Companies can sit on leases for 10 years or longer before drilling, paying just $1.50 per acre annually to keep them idle... So it seems to show that Big Oil lobbyists are earning their money.

The Price of Oil is not set by the US domestically but set by OPEC on a global stage... If US product a million more barrels a day, OPEC just restrict a million barrels a day... Trump was the one who threatened the Saudi Government to increase the price of oil 18 months ago...

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources

By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal

www.reuters.com

 

[CowboyTed]

The psychology of panic buying: Why Brits are scrambling for gasoline

Government ministers have continuously insisted that there is no shortage of fuel in the U.K., but lines to get to gas pumps have been rife.

www.cnbc.com

DAMN YOU, BIDEN!!!

France May Step In to Protect Motorists From Rising Oil Prices​

MOTHERFUCKING BIDEN!!!

Gas price surges to a record high in Europe on supply concerns

Natural gas contracts hit new highs in Europe on Tuesday, as soaring prices continue to put pressure on the region's energy sector ahead of the winter period.

www.cnbc.com

DIE, BIDEN, DIE!!!

Europe’s energy crisis goes from bad to worse as Dutch and U.K. natural gas prices see double-digit gains​

BIDEN IS A MARXIST COMMIE BASTARD!!!

Fuel Prices Soar Across Asia as Global Energy Crunch Deepens​

BIDEN'S EXISTENCE IS MAKING ME DERANGED!!!!

Europe has a very higher tarrifs on Oil which they can leverage by reducing...

Europe has usually over 50% tax on gas or diesel... They use that to pay for roads...

The problem is OPEC and Trump insistence of them reducing supply, he did that because US oil production is the highest in the world and he wa looking after US oil producers... Biden has asked for production to be increased but he has little leverage because of Trump's previous endeavours.

This is Trump again laying down bad road for Biden to fix..

 

[Ray From Cleveland]

Europe has a very higher tarrifs on Oil which they can leverage by reducing...

Europe has usually over 50% tax on gas or diesel... They use that to pay for roads...

The problem is OPEC and Trump insistence of them reducing supply, he did that because US oil production is the highest in the world and he wa looking after US oil producers... Biden has asked for production to be increased but he has little leverage because of Trump's previous endeavours.

This is Trump again laying down bad road for Biden to fix..

"The best thing about being a Democrat is never having to say it was your fault."
Ray from Cleveland

 

[bripat9643]

There is so much misinformation there it is hard to grasp...

Biden hasn't had a full ban... So lets get how much land we are talking about.... 26 million Federal acres or 40625 square miles... that is the size of Rhode Island, Delaware & New Jersey put together. Companies can sit on leases for 10 years or longer before drilling, paying just $1.50 per acre annually to keep them idle... So it seems to show that Big Oil lobbyists are earning their money.

The Price of Oil is not set by the US domestically but set by OPEC on a global stage... If US product a million more barrels a day, OPEC just restrict a million barrels a day... Trump was the one who threatened the Saudi Government to increase the price of oil 18 months ago...

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources

By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal

www.reuters.com

OPEC doesn't set the price of oil, nimrod. They try, but their attempts always fail. Cartels have never worked, and they never will.

 

[bripat9643]

Europe has a very higher tarrifs on Oil which they can leverage by reducing...

Europe has usually over 50% tax on gas or diesel... They use that to pay for roads...

The problem is OPEC and Trump insistence of them reducing supply, he did that because US oil production is the highest in the world and he wa looking after US oil producers... Biden has asked for production to be increased but he has little leverage because of Trump's previous endeavours.

This is Trump again laying down bad road for Biden to fix..

Your a gullible ignoramus. Trump increased the supply of oil, so your claimes are total horsehit, as always

 

[bripat9643]

There is so much misinformation there it is hard to grasp...

Biden hasn't had a full ban... So lets get how much land we are talking about.... 26 million Federal acres or 40625 square miles... that is the size of Rhode Island, Delaware & New Jersey put together. Companies can sit on leases for 10 years or longer before drilling, paying just $1.50 per acre annually to keep them idle... So it seems to show that Big Oil lobbyists are earning their money.

The Price of Oil is not set by the US domestically but set by OPEC on a global stage... If US product a million more barrels a day, OPEC just restrict a million barrels a day... Trump was the one who threatened the Saudi Government to increase the price of oil 18 months ago...

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources

By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal

www.reuters.com

If that's the case, then why haven't they bee doing this all along? Why was OPEC lamenting about the low price of oil for the entire Trump administration? The reason is that you're full of shit.

 

[busybee01]

Saudi Arabia did not kill an American citizen, you fucking moron.

I love these snowflake asserstions that they know what is going to happen in the future. The stupidity of such claims is mind boggling.

You are the motherfucking moron and lying weasel. Khashoggi was killed in the Saudi embassy.

You are the snowflake. The fact is that there has been a build-up in inventories over the last few weeks. The number of oil and gas rigs in operation were around 800 towards the end of 2019. The count fell to 251 in July of 2020. When Biden took office, the rig count had risen to 384. In October the count had risen to 544.

U.S. oil & gas rigs in use per month 2024 | Statista

U.S. oil and gas drilling activity varies greatly depending on the month and season. Rig numbers increased in February 2024.

www.statista.com

 

[busybee01]

Plus oil didn't start going up until Dementia cut the Keystone. He's a certified loon that doesn't know what he's talking about.

That is a lie. Gas prices hit a low of $1.87 in May of 2020. It then started rising because Trump brokered a deal with OPEC+ to cut production. When you cut production, oil prices go up and gas prices follow. The fact is that the US economy has rebounded and is coming back faster than expected. The number of oil rigs dropped severely under Trump because of the crash in demand for oil. The number of rigs is coming back very slowly as production in the US slowly rises. That is why we have inflation.

 

[busybee01]

OPEC doesn't set the price of oil, nimrod. They try, but their attempts always fail. Cartels have never worked, and they never will.

OPEC does have a huge impact on oil prices. Trump conspired with OPEC+ which includes Russia to cut production to raise oil prices. Unfortunately it has worked.

 

[DudleySmith]

Production hasn't fallen 25%, and the number of drilling rigs in operation is close to double what they were last October, so I don't why a thread got over 20 pages long based on a fake news OP, but I'm sure most of it is just ideologues flinging bullshit so no need to read them.