Oil Blows Past $100 Per Barrel - Experts Warning $200 Possible

[Rambunctious]

I know. If you werent scared you face reality. I am sorry you live in fear.

Editing my words in a quote is against board rules... fix it or I will report you....

 

[citygator]

Fake graph....

Give me one fake point on that graph. I know you cant and are just scared to exist in reality. It just takes one step my man. One step towards being informed.

 

[jacksonlamb]

I don't think $120 a barrel will happen, and it would be short.

I think the graph is accurate.

Of course, Trump is capable of blowing everything to bits, so nothing is guaranteed.

 

[OKTexas]

DELETED 6 POSTS WITH NO ON TOPIC CONTENT, STAY ON TOPIC!

 

[krichton]

Every year we produce more oil... we have to in order to keep up with demand.... but Biden barely kept up with demand which explains the high cost....

I just got done telling you that the US produced more oil under Biden then they have in not just their own history but in the history of the world, but I guess this isn't registering in your brain. Even with that, US companies are not enough to offset pricing fixing from OPEC, who make up nearly a 50% share of the global market. If they decide to limit supply, which they did in order to keep prices high, everyone ends up paying more. Then you add in the Ukraine war and you have a perfect storm for higher oil prices. Not everything can be chaulked up to, "Biden bad."

 

[Delldude]

I just got done telling you that the US produced more oil under Biden then they have in not just their own history but in the history of the world, but I guess this isn't registering in your brain. Even with that, US companies are not enough to offset pricing fixing from OPEC, who make up nearly a 50% share of the global market. If they decide to limit supply, which they did in order to keep prices high, everyone ends up paying more. Then you add in the Ukraine war and you have a perfect storm for higher oil prices. Not everything can be chaulked up to, "Biden bad."

Meh..... Trump set the record first.

So if Biden hadn't fumbled the Ukraine football, he probably never would have set inflation records.

 

[Rambunctious]

I just got done telling you that the US produced more oil under Biden then they have in not just their own history

And we produce more and more every year because the nation needs more every year... read that slowly twice....

 

[Rambunctious]

krichton producing more does not mean we are producing what is needed to control costs and satisfy demand....

 

[Robert W]

I just got done telling you that the US produced more oil under Biden then they have in not just their own history but in the history of the world, but I guess this isn't registering in your brain. Even with that, US companies are not enough to offset pricing fixing from OPEC, who make up nearly a 50% share of the global market. If they decide to limit supply, which they did in order to keep prices high, everyone ends up paying more. Then you add in the Ukraine war and you have a perfect storm for higher oil prices. Not everything can be chaulked up to, "Biden bad."

You keep acting liike Biden was a great friend to using petroleum products. He is gone, let go of him.

 

[jacksonlamb]

You keep acting liike Biden was a great friend to using petroleum products. He is gone, let go of him.

Robert W, you let go of him. Biden had a place for petroleum and led the world with it.

 

[Delldude]

Robert W, you let go of him. Biden had a place for petroleum and led the world with it.

By attempting to force everyone to buy EVs?

 

[jacksonlamb]

By attempting to force everyone to buy EVs?

He had a mixed plan. He led the world in petroleum production. Was that enough for you?

 

[Delldude]

He had a mixed plan. He led the world in petroleum production. Was that enough for you?

What did that get him with his party?

 

[jacksonlamb]

What did that get him with his party?

That's not the part that's important. The part that is important here is that you are wrong.

 

[Delldude]

That's not the part that's important. The part that is important here is that you are wrong.

Petroleum production has increased every year since we became a net exporter. It's going to be higher this year. So what's your point?

 

[jacksonlamb]

Petroleum production has increased every year since we became a net exporter. It's going to be higher this year. So what's your point?

That you can't bad mouth Biden on this point.

 

[Delldude]

That you can't bad mouth Biden on this point.

Biden had nothing to do with it....

 

[jacksonlamb]

Biden had nothing to do with it....

No less than Trump. You know that.

 

[Delldude]

No less than Trump. You know that.

Trump's running the office, Biden wasn't.

 

[jacksonlamb]

Trump's running the office, Biden wasn't.

Trump is rampaging in the office. The both went senile after they got there. I'd prefer Vance or Rubio.