oil prices are falling !

[RoshawnMarkwees]

A President does not set oil prices but the domestic policies they set towards domestic energy companies can have a positive or negative impact.

And big impacts those policies can have. Prices should be dropping more dramatically than they are but the market is likely squeamish due to the fact that the next democrat admin will just yo-yo the supply prospects right back down again.
Democrats are America’s worst enemy.

 

[LeftofLeft]

And big impacts those policies can have. Prices should be dropping more dramatically than they are but the market is likely squeamish due to the fact that the next democrat admin will just yo-yo the supply prospects right back down again.
Democrats are America’s worst enemy.

I have yet to hear from a Democrat as to why and how a Democrat’s domestic energy policies are not more restrictive and regulatory and how they don’t impact the price of oil in the US. I think an average price of gas during a four-year term is a good indicator. The Average Price under a Republican term is lower than the Average Price under a Democrat:

 

[The Sage of Main Street]

the removal of the lefts burdensome regs on the fossil fuel sector alone will drive down costs ..

Ex-Mobsters at Exxon-Mobil

Big Oil requested Greenie restrictions because those would bankrupt the smaller oil companies. Getting rid of the hungry and productive competition was well worth the price they had to pay to their wholly owned government.

 

[yidnar]

Numbers matter.

unless its numbers Doge is finding proving the waste in the bureaucracies ..

 

[yidnar]

oil back to 69.84.

nobody is saying prices wont fluctuate ... but the overall trend is downward ! MAGA !

 

[yidnar]

A President does not set oil prices but the domestic policies they set towards domestic energy companies can have a positive or negative impact.

however a POTUS can remove gov regs that drive up costs ..

 

[yidnar]

It's been going up and down for months and no one mentioned it when it went down to 68 when Biden was in office last fall. Gas is getting ready to change to the summer blend.

yeah .. it went down a few months before the election because Briben depleted millions of barrels from our strategic supply to flood the market to temporarily drive down costs ..

 

[Moonglow]

gas stations in my state have been selling regular unleaded for about 20 cents cheaper per gallon for the past couple of weeks ! it appears that lower oil prices are already having an effect on lower prices ! MAGA !

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Nope, gas goes up and down or did you just start watching prices today?

 

[Moonglow]

yeah .. it went down a few months before the election because Briben depleted millions of barrels from our strategic supply to flood the market to temporarily drive down costs ..

Untrue but you know that.Only inventory relates to price.

 

[Moonglow]

$2.77 average in my AO....A 12 cent decrease from last week.

Need some Vaseline?

 

[yidnar]

Untrue but you know that.Only inventory relates to price.

so regs making it more expensive to produce fuel doesn't effect price eh ?

 

[yidnar]

Nope, gas goes up and down or did you just start watching prices today?

I've watched the for the past 4 yrs ..

 

[Moonglow]

so regs making it more expensive to produce fuel doesn't effect price eh ?

Not at a forty cents a gallon increase that decreased by forty cents over two weeks. Muchas gas is imported because they do it cheaper.

 

[Zincwarrior]

nobody is saying prices wont fluctuate ... but the overall trend is downward ! MAGA !

Above $70 now.

And Nasdaq is cratering.

 

[Moonglow]

I've watched the for the past 4 yrs ..
View attachment 1083937

Notice the spike in prices all due to scarcity due to recessions after GOP administrations.

 

[yidnar]

Above $70 now.

And Nasdaq is cratering.

and it was over 100 dollars a barrel in 2022 .. guess who was POTUS that year ..

 

[Zincwarrior]

and it was over 100 dollars a barrel in 2022 .. guess who was POTUS that year ..

and then it went down again as production increased. Welcome to the hydrocarbon cycle.

 

[debbiedowner]

yeah .. it went down a few months before the election because Briben depleted millions of barrels from our strategic supply to flood the market to temporarily drive down costs ..

Went up again today.

 

[debbiedowner]

https://www.cnbc.com/2025/02/27/oil-prices-climb-from-2-month-lows-as-trump-axes-chevrons-venezuela-license.html

 

[John Edgar Slow Horses]

Inflation is going up. It may be as high as 6% by late summer.

I am afraid we are going to see stagflation like the Carter years.