The cure for high oil prices

bgreene · #1 10-12-2021, 05:40 PM

Is …….high oil prices !

At $80 a barrel the private equity drillers are making good money and will add a LOT of supply.
Yes, a LOT of supply.
That plus oil prices tend to fall around this time of year is hopeful.

No it’s not a guarantee but watch and see

oteps · #2 10-12-2021, 07:07 PM

great! maybe diesel will be less than $3.89 tomorrow.

oteps · #3 10-12-2021, 08:05 PM

cost of raising beef is up too. Maybe a hamburger will be cheaper soon?

bgreene · #4 10-13-2021, 05:12 AM

If our ports shifted to a 24/7 schedule all the loads could be moved off the ships

Destroyer · #5 10-13-2021, 09:59 AM

Quote:

Originally Posted by bgreene

If our ports shifted to a 24/7 schedule all the loads could be moved off the ships

First, they can't go 24/7. They tried it already and the result was it didn't work. The problem is not the ports, the problem is a lack of drivers to drive the trucks. So the merchandise just sits while waiting for truckers to be available to haul the goods. News 12 (Optimum/Cablevision, our local and very pro democrat cable network just did a article about that very thing yesterday. Look it up. Very interesting. You might learn something.

Second, where did you learn economics? if/when oil hits $80 a barrel then the COST of fuel made from that barrel will be passed along to the consumer. The price will go UP. Fuel costs less at $65 a barrel because the cost to produce the fuel is less. Gas in NUJ just went up another 5.8 cents a gallon yesterday. and the 8 cents a gallon reduction in the gas tax did absolutely nothing. The stations just pocketed the 8 cents and kept the prices the same. This whole thing, shortages, fuel, etc. is starting to smell to high heaven of our government manipulating prices to promote their climate change agenda spending trillions more that we don't have on things we don't need, while controlling us.

bgreene · #6 10-13-2021, 11:00 AM

Good destroyer - so stop driving and leave the fuel for us

steplift20 · #7 10-13-2021, 02:59 PM

Under the Trump administration we were oil indipendant , the first thing this illigally president did was cut the pipe line So now we are dependant on opec . Gas is going to really get up there and everything else
Don't blame me I voted for Trump
You asked if it you got it Enjoy the gas prices Biden people.

bgreene · #8 10-13-2021, 05:27 PM

Quote:

Originally Posted by steplift20

Under the Trump administration we were oil indipendant , the first thing this illigally president did was cut the pipe line So now we are dependant on opec . Gas is going to really get up there and everything else
Don't blame me I voted for Trump
You asked if it you got it Enjoy the gas prices Biden people.

Of course you don’t know why gas prices dropped so low ……and now so high.
All you think is Trump and Biden.

Global gas prices collapsed during COVID …..and rebound surge crippled by worker shortages has created the inflation.
But you don’t know anything except trump ….Biden .

steplift20 · #9 10-13-2021, 05:50 PM

Under Trump,,,,,oil independent
Biden.....,,, on the first day he cut out the pipe line
Under Trump ,,,,,,border under control
Under Biden,,,,,,,open borders

You do the math.
Don't blame me I voted for Trump
Enjoy what you voted for
And I can go on and on and on you voted for Biden now don't complain. I know your going to vote for murphy, why? Cause he has a big D in front of him Not me, jack is who I'm voting for

bgreene · #10 10-13-2021, 06:10 PM

The pipe line ! The pipe line !!!

Keystone was a disaster plus idea from the start.
A…the oil was to be shipped overseas - not for us in the USA
B…it represented an environmental disaster for our country
C…repeat …..it represented an environmental disaster for our country.

READ and learn why

https://www.nrdc.org/stories/what-keystone-pipeline