Oil Is Dropping

[Wild Bill Kelsoe]

Actually it is, because there was no good reason for it to be as high was it was, and thus the correction is being made.

The reason it went up was because of a decrease in anticipated production and an actual decrease in actual production and drilling.

Another explanation is, the market is fixing to crash and send us into a recession.

The global oil market didn't make a 30% correction in 24 hours...lol

You said the other day that the price went up because of an increase in demand. If demand decreased that much in 24 hours, something is fucking wrong.

 

[Harpy Eagle]

Look at you celebrating. Down 30 cents but still up over 2 bucks.

Not celebrating, but down 30 cents is still better than up 30 cents.

 

[Missouri_Mike]

It was well under $3 for the last three years of the Obama Administration.

During the Trump Administration, gas prices did not get as low as those last three years of Obama, except during the depths of the pandemic.

Are you getting those free Bidumb crack pipes?

 

[Wild Bill Kelsoe]

You can see for yourself the price of oil went up, up, up all during Trump, except during the depths of the pandemic.

Crude Oil Prices - 70 Year Historical Chart

Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value.

www.macrotrends.net

And now that Poopy Pants is the president, the price at the pump is at an all time high...lol

 

[Harpy Eagle]

The reason it went up was because of a decrease in anticipated production and an actual decrease in actual production and drilling.

There has been no decrease in actual production and drilling, just the opposite in fact.

Another explanation is, the market is fixing to crash and send us into a recession.

You can only hope, it seems that is what you live for.

You said the other day that the price went up because of an increase in demand. If demand decreased that much in 24 hours, something is fucking wrong.

I never said it went to 110 a barrel due to demand.

 

[Missouri_Mike]

Not celebrating, but down 30 cents is still better than up 30 cents.

True. Could be worse. Of course with Bidumb worse is usually just around the corner but let’s see.

Do you see two dollar a gallon gas this summer?

 

[g5000]

Then why was gas like $1.58?

The lowest it got was $1.93, and that was April 2020.

You see, there was this pandemic followed by a great big economic crash. The whole planet shut down. Maybe if you weren't living under your bed in your mom's basement you would have heard about it.

For most of Trump's administration, gas hovered around $2.50.

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)

 

[Wild Bill Kelsoe]

it has come down 30 cents here over the last 10 days

You're full of shit, too...lol

AAA Gas Prices

 

[Harpy Eagle]

True. Could be worse. Of course with Bidumb worse is usually just around the corner but let’s see.

Do you see two dollar a gallon gas this summer?

Fuck no, I will be shocked if they are not 4 dollars a gallon.

But seeing as the last time the US average was under 2 was in May of 2020 due to a pandemic, I would rather not see that again

 

[B. Kidd]

Not celebrating, but down 30 cents is still better than up 30 cents.

Taking a keyboard warriors word.
Next player, PLEEZE.

 

[Harpy Eagle]

You're full of shit, too...lol

AAA Gas Prices

Get a 5th grader to explain what "average" means.

 

[g5000]

You sure?

Oil Prices Settle Below $40​

Um...you might want to check the date on that page.

I blame Obama!

 

[Wild Bill Kelsoe]

Get a 5th grader to explain what "average" means.

I know what it means and according to AAA, the average price in Illinois has gone up over the past month...lol

 

[Harpy Eagle]

You're full of shit, too...lol

AAA Gas Prices

 

[g5000]

Nope 40

Nope.

See for yourself: Crude Oil Prices - 70 Year Historical Chart

 

[Wyatt earp]

The lowest it got was $1.93, and that was April 2020.

You see, there was this pandemic followed by a great big economic crash. The whole planet shut down. Maybe if you weren't living under your bed in your mom's basement you would have heard about it.

For most of Trump's administration, gas hovered around $2.50.

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)

You do know gas is over $4 bucks a gallon right?

It doesn't take that long to start making up for demand when gas went up sky high under Bush Jr it lasted only a few weeks

 

[Wild Bill Kelsoe]

View attachment 616386

That don't prove it went down 30 cents...lol

 

[g5000]

Are you getting those free Bidumb crack pipes?

That's all you got?

 

[B. Kidd]

That don't prove it went down 30 cents...lol

10-4!
What a lyin' weiner.

 

[Wyatt earp]

View attachment 616386

I see you are apart of the tik tock Biden propaganda tool.

How to tell if you've been a victim of gas theft

It's a troubling trend that's happening across the country: Thieves are stealing fuel any way they can.

www.khou.com