Wyatt earp
Diamond Member
- Apr 21, 2012
- 69,975
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I know more then you do kid and quit being a prick.Do you understand speculation?I am happy you are starting to understand that, but t do you understand speculation?I read that, too. To screw Russia, OPEC caused prices to tank? Is that how it went? I don't understand that much about it, but I've never heard that speculation on the market drives prices. My understanding is the prices on the market reflect supply and demand, which is the real mover.According to AAA, OPEC and closed refineries are driving prices up. It's got nothing to do with Biden that I can see. Prices went way down last year due to the Covid lockdowns. We could afford gas, but we couldn't drive anywhere., but the lockdowns are over and demand is getting back to normal.Last summer I bought 40 gallons of gas just before the hurricane season to have on hand to run my emergency generator. I buy ethanol free gas to use in small engine. I put stabilizer in it and what I don't use I put in the cars after the hurricane season is over.
It cost $2.39/gallon.
Today I went to buy ethanol free gas for my lawn mower and power washer. It was $3.88/gal.
The increase in gas has nothing to do with supply.
The price increase is solely due to market volatility because of Idiot Joe's Environmental Wacko policies, like shutting down an efficient pipeline so that George Soros rail line can get the business.
Anybody that voted for Idiot Joe or looked the other way when he stole the election is pretty much a moron, aren't they?
Who in their right mind would vote for someone that would purposely run up the cost of commodity that we all use and that drives our economy?
The increase in price is tax on Moon bats stupidity, isn't it. Unfortunately not only do the Moon Bats have to pay it but all of us.
Last year russia and saudi where in a oil war and flooded the market per forbes
Do you understand if we have a anti drilling, anti fracking, anti pipeline, pro green president don't you think the goal is higher gas prices?
Do you understand that Biden doesn't control Brent, WTI, OPEC or Russian production?
Do you understand who owns the refineries?
Do you understand that a anti fracking, anti pipeline, anti drilling pro green president goal is higher gas prices?
The Saudis own Motiva. Don't invest.. You don't know a damned thing about the oil business.
You absolutely don't know anything about the oil business. Who do YOU think owns the refineries?
I know that saudi sends there oil here
Not much.. Most of the oil we import comes from Canada and Mexico. Motiva refines it all.
Motiva is also the largest refinery in North America.
Saudi Aramco CEO: IPO still on track for 2018
Saudis take 100% control of America's largest oil refinery
By Matt Egan May 1, 2017: 1:53 PM ET
America's largest oil refinery is now fully owned by Saudi Arabia.
Saudi Aramco, the kingdom's state-owned oil behemoth, took 100% control of the sprawling Port Arthur refinery in Texas on Monday, completing a deal that was first announced last year.
Saudis take 100% control of America's largest oil refinery
Saudi Arabia's state-owned oil company took full control of the sprawling Port Arthur refinery on Monday that is the largest refinery in the US.money.cnn.com
Yep.. The Saudis expanded Motiva and bought out the other partners.
Yup what it's port arthur