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Gas Prices...
BuckyB93 Offline
#501 Posted:
Joined: 07-16-2004
Posts: 12,647
MACS wrote:
Yeah... and when your policies make it go up 200% and you blame it on Putin... when it goes down 25%, don't try to take credit... just STFU.

#LGB #FJB

#worstpresidentever #jimmycartersaysthanks



This.

Policy decisions lead to a decrease in supply and therefore an increase price. Then when people scale back on demand as a result of higher prices, then prices fall (Econ 101).

So to credit the Biden administration of the gas prices falling is pretty much stupid - send prices high by 200% then people scale back and prices drop by 50%. This is your victory? If I kick you in the balls 200 times and then back off to only kicking you in the balls 150 times I guess I should be praised.

I would like to pin this on Brandon but it would be unfair... the guy is a drooling idiot. A puppet. Weak with very little cognitive ability. A dementia patient is the figurehead of the the free world.

Let's face the facts, if he was your dad or grandfather you would have him on the waiting list for assisted living.
delta1 Offline
#502 Posted:
Joined: 11-23-2011
Posts: 27,496
yeah, but Bernie aint dead yet...


PS...my older sister is in Assisted Living, and Bernie Brandon seems much healthier...
MACS Offline
#503 Posted:
Joined: 02-26-2004
Posts: 75,940
delta1 wrote:
well....shut my mouf...gas prices went sky high, blame it on Brandon...

they are coming down...Brandon's got nuttin to do wid it...


cons used argue that the POTUS has nothing to do with gas prices fluctuating wildly and rising higher and higher when GWB was in charge...just made the case that the markets had everything to do with the price of gas, not POTUS...


but sometimes they do, when their decisions impact the drilling, production and movement of petro, impacting the supply side of the market


Brandon was correct to point out that Putin's decision to invade Ukraine messed up the supply and distribution of oil...


Karine Jean Pierre is more qualified and better prepared than eye candy Kayleigh McEnany, who held (to her credit, since her predecessors abandoned them altogether) infrequent and short briefings, offering basic commentary of administration activities and dodging most questions


Jesus, Mary and Joseph...

Where to begin?

Policies... Joe shut down keystone. President Biden said, "I want to buy that type of crude from Russia, not from Canada." What he released from the strategic reserves to try to bring the prices down is exactly what we'd be getting daily from Canada... but nah... lets canx that.

Canceled federal leases... 24% of our oil came from that. Drop in production of that magnitude? Guess what happens? But, ohhhhh it's Putin's fault. GTFO.

Jean-Pierre is more qualified? Please... tell me what her qualifications are. She's an absolute moron. Peter Doocey baffles her with simple questions every single day. She's a liar... and she repeats herself to make time to formulate more lies in her tiny little brain. She single-handedly provides more ammunition for "Meme the Left" than any other lefty.
delta1 Offline
#504 Posted:
Joined: 11-23-2011
Posts: 27,496
Biden has approved more drilling than Trump...

https://truthout.org/articles/biden-administration-is-approving-oil-and-gas-drilling-at-faster-rate-than-trump/?amp&gclid=Cj0KCQjw3eeXBhD7ARIsAHjssr9IZ00v1Th7Hz_f80T-xkJxtYpv5HhyzLn4uUyPf_Zy8WCLTz1UpakaAiC5EALw_wcB


and the US isn't the only player...we're a small player in the over-all world Oil and Gas market, producing about 10% of the world market, where the price per barrel , and thus gas prices, are set...

so in that respect, Russia being a large supplier...
MACS Offline
#505 Posted:
Joined: 02-26-2004
Posts: 75,940
Come on, man... you really gonna cut and paste leftist propaganda that you found on google?

And the title? Truthout? Yeah... fitting... as they left the truth out.
MACS Offline
#506 Posted:
Joined: 02-26-2004
Posts: 75,940
From the LA Times, no less... just back in 2016 when we were fracking and horizontal drilling... more sheit Joey put the kibosh on.

https://www.latimes.com/business/la-fi-oil-reserves-20160705-snap-story.html
delta1 Offline
#507 Posted:
Joined: 11-23-2011
Posts: 27,496
from McEnany's wiki pages:

"While in law school, McEnany appeared on CNN as a paid commentator. She supported Donald Trump in the 2016 presidential election.[10][11][12] However, in early 2015, before becoming a Trump supporter, McEnany was highly critical of him, declaring on CNN and Fox Business that "Donald Trump has shown himself to be a showman" and it was "unfortunate" and "inauthentic" to call him a Republican. McEnany called his comments about Mexican immigrants "racist".[13] According to Michael Marcantonio, a fellow summer associate at a law firm, she began supporting Trump after accepting Marcantonio's advice, which he gave to her over cocktails. In an interview with the New York Times, Marcantonio recalled telling McEnany, "Donald Trump is going to be your nominee," and that if "a smart, young, blond Harvard graduate" wanted "to get on television and have a career as a political pundit, you would be wise to be an early backer."[14]
delta1 Offline
#508 Posted:
Joined: 11-23-2011
Posts: 27,496
MACS wrote:
Come on, man... you really gonna cut and paste leftist propaganda that you found on google?

And the title? Truthout? Yeah... fitting... as they left the truth out.

don't like the message? shoot the messenger

here's another;

https://biologicaldiversity.org/w/news/press-releases/new-data-biden-slays-trumps-first-year-drilling-permitting-by-34-2022-01-21/



MACS wrote:
From the LA Times, no less... just back in 2016 when we were fracking and horizontal drilling... more sheit Joey put the kibosh on.

https://www.latimes.com/business/la-fi-oil-reserves-20160705-snap-story.html

I agree, fracking is the most damaging method of oil extraction, and threatens our fresh water supplies...
MACS Offline
#509 Posted:
Joined: 02-26-2004
Posts: 75,940
Your point? The dems loved him before they hated him, too. She's not allowed to disagree and change her mind?

And there's a reason wiki is not allowed as a reference in academia. Just saying.
MACS Offline
#510 Posted:
Joined: 02-26-2004
Posts: 75,940
delta1 wrote:
don't like the message? shoot the messenger

here's another, from a more centric source;

https://biologicaldiversity.org/w/news/press-releases/new-data-biden-slays-trumps-first-year-drilling-permitting-by-34-2022-01-21/




I agree, fracking is the most damaging method of oil extraction, and threatens our fresh water supplies...

Directly from the dem playbook. LOL
delta1 Offline
#511 Posted:
Joined: 11-23-2011
Posts: 27,496
who made the phrase "alternate facts" a way of life?


seems he and his followers have embraced the concept totally...there's not one Big Lie...there are thousands of big and little ones...
BuckyB93 Offline
#512 Posted:
Joined: 07-16-2004
Posts: 12,647
I have a belly button.

In protest of the high gas prices, me and the kid will walk down to the Ale House and indulge on some good pizza. He wanted Chinese but convinced him for a pizza and the best buffalo wings in a 30 mile radius
delta1 Offline
#513 Posted:
Joined: 11-23-2011
Posts: 27,496
yeah, unless it's great Chinese, I would opt for good pizza and best wings...thanks to you and your son, for doing your part to save the world...
HockeyDad Offline
#514 Posted:
Joined: 09-20-2000
Posts: 43,940
delta1 wrote:
who made the phrase "alternate facts" a way of life?


seems he and his followers have embraced the concept totally...there's not one Big Lie...there are thousands of big and little ones...


There never was one Big Lie.

The government and its agents/agencies lie to us as a matter of common practice.

The two-parties and their agents/agencies lie to us as a matter of common practice.

The media and their agents/agencies lie to us as a matter of common practice.

What we "believe" and what we discount is based on personal/tribal bias.
Brewha Offline
#515 Posted:
Joined: 01-25-2010
Posts: 10,967
MACS wrote:
Come on, man... you really gonna cut and paste leftist propaganda that you found on google?

And the title? Truthout? Yeah... fitting... as they left the truth out.

“Cut and paste propaganda “

Say macs…

LOL
rfenst Offline
#516 Posted:
Joined: 06-23-2007
Posts: 36,992
Florida gas prices decline for the 10th straight week

Florida gas prices fell 11 cents per gallon last week. The state average has now declined for 10 consecutive weeks, plunging a total of $1.36 per gallon since mid-June. Sunday’s state average price for gasoline was $3.54 per gallon. That’s the lowest daily average price since March 1, 2022. It now costs $53 to fill an average-sized 15-gallon fuel tank. That’s $20 less than what drivers paid in mid-June when pump prices set a new all-time record high... [Source: WJXT]

DrMaddVibe Offline
#517 Posted:
Joined: 10-21-2000
Posts: 52,488
We should all thank Putin for lowering the price at the pumps.

Maybe those stinking station owners will relinquish their greedy chokehold at the pumps as well.

Lets give praise where our president laid blame for the matter.
HockeyDad Offline
#518 Posted:
Joined: 09-20-2000
Posts: 43,940
Yay Putin! It’s like getting a $100 a month pay raise!
BuckyB93 Offline
#519 Posted:
Joined: 07-16-2004
Posts: 12,647
Where's mine?

Five one NINE!
RayR Offline
#520 Posted:
Joined: 07-20-2020
Posts: 6,223
I heard the price of gas is still way too high. I hear the rent is too high too.
HockeyDad Offline
#521 Posted:
Joined: 09-20-2000
Posts: 43,940
We should pass a law to reduce inflation.
Gene363 Offline
#522 Posted:
Joined: 01-24-2003
Posts: 28,547
HockeyDad wrote:
We should pass a law to reduce inflation.


We cannot afford to do that.
MACS Offline
#523 Posted:
Joined: 02-26-2004
Posts: 75,940
HockeyDad wrote:
We should pass a law to reduce inflation.


Call it the inflation reduction act and make it do the exact opposite?

Asking for a friend... Whistle
RayR Offline
#524 Posted:
Joined: 07-20-2020
Posts: 6,223
Only retarded and crooked congress critters would pass a law to reduce inflation.
And a retarded and crooked President to sign it.
frankj1 Offline
#525 Posted:
Joined: 02-08-2007
Posts: 42,416
under $4/gal for regular in a lot of places here, to the point where it seems really strange to see the guy still charging $4.35.
BuckyB93 Offline
#526 Posted:
Joined: 07-16-2004
Posts: 12,647
It's floating around $4.15 ish for regular grade here in north central MA.

Walking $0.00 but some wear and tear on shoes.

Electric bike $0.00 to recharge (costs some but don't really see it in the electric bill, probably costs less than firing up the oven to make some tater tots).

Most of my travel is local in this small town so no need to really fire up the car much. Day to day needs and any daily travels are within a 1 mile radius.
Cracker Jack Kid Offline
#527 Posted:
Joined: 08-23-2022
Posts: 56
I get my gas for a discount price cause know people. Biden gave me a discount card while all yous fool got the shaft. Better be glad it wouldn't my shaft cause thats all you be talking about know if it was.
tonygraz Offline
#528 Posted:
Joined: 08-11-2008
Posts: 18,625
In NH it ranges from 3.97 to 4.55 in the White Mountain area.
HockeyDad Offline
#529 Posted:
Joined: 09-20-2000
Posts: 43,940
Gas is now over $8 in California
Brewha Offline
#530 Posted:
Joined: 01-25-2010
Posts: 10,967
North Texas - now up to 14 cents per kWh.....
MACS Offline
#531 Posted:
Joined: 02-26-2004
Posts: 75,940
Paid $4.04 at WaWa today.. but I filled up with the ethanol free gas. Regular was $3.39 with the 10% ethanol.

Been getting around 17 mpg and wanted to see if there's any improvement with the ethanol free stuff... just outa curiosity.
Ram27 Offline
#532 Posted:
Joined: 04-30-2005
Posts: 46,165
MAC get a Wawa credit card and you will get $.05 a gallon credit.

Wawa here $4.12 before credit.
Sunoverbeach Offline
#533 Posted:
Joined: 08-11-2017
Posts: 12,572
Now that Macs is free from tax hell, he's got a surplus of cash. He cares not for your paltry savings tips.
frankj1 Offline
#534 Posted:
Joined: 02-08-2007
Posts: 42,416
but gas costs less in "taxachusettes"?
rfenst Offline
#535 Posted:
Joined: 06-23-2007
Posts: 36,992
HockeyDad wrote:
We should pass a law to reduce inflation.

I think Gerald Ford did that at grocery stores during the '70s, when unemployment and interest rates where astronomical.
frankj1 Offline
#536 Posted:
Joined: 02-08-2007
Posts: 42,416
looking for my old Whip Inflation Now pin.
Must be worth double what I paid.
MACS Offline
#537 Posted:
Joined: 02-26-2004
Posts: 75,940
Sunoverbeach wrote:
Now that Macs is free from tax hell, he's got a surplus of cash. He cares not for your paltry savings tips.


That "surplus" of cash is gonna take a massive hit next Wednesday at closing... when I have to fork(lift) it over. d'oh!

But yeah, I'm a 1 credit card kinda guy. Easy to keep track of spending that way and I have NFCU's rewards card, so I do ayite.
DrMaddVibe Offline
#538 Posted:
Joined: 10-21-2000
Posts: 52,488
May your new home be one filled with Joy and Prosperity.

We already know its chock full of Freedom.

I'm really happy for you.
rfenst Offline
#539 Posted:
Joined: 06-23-2007
Posts: 36,992
Is it the end of the line for gas-price declines?

Gas prices declined for a 10th straight week in Florida and the nation, but analysts say the party might be coming to an end. Last week’s 11-cent drop pushed Florida’s average price to $3.53 on Monday. Average prices in South Florida, with the region’s higher overall cost of doing business, were $3.61 in Broward County, $3.73 in Palm Beach County, and $3.64 in Miami-Dade County. “Gas prices are still falling, but not quite as fast as they did in recent weeks,” said Mark Jenkins, spokesman for travel club AAA. [Source: South Florida Sun-Sentinel]
BuckyB93 Offline
#540 Posted:
Joined: 07-16-2004
Posts: 12,647
Refineries are (have been) transferring over to make winter blends over the past month and gas stations can start selling winter blends on Sept 15 meanwhile they are purging their supply of summer blend. Winter blend gas typically costs a few cents less/gal than summer blends.

One impact that affects gas prices are the mandates on refineries to make seasonal changes in the blends that they sell. Summer grades of gas costs a bit more than winter grades.

"As gasoline demand decreases and temperatures cool, retailers can switch to selling winter-blend fuel beginning September 15. While these winter-blend fuels are cheaper to produce, the complications of the switchover can result in a temporary bump in price. Weather conditions, such as hurricanes, can also affect gas prices in the late summer to fall months.

By the end of September, gas prices generally decrease as the switchover processes and demand continues to fall. And despite conspiracy theories, lower gas prices do not correlate to pre-election politics."

https://www.convenience.org/Topics/Fuels/Changing-Seasons-Changing-Gas-Prices

With that said, the demand for heating oil (diesel fuel) will increase as the winter sets in.

There is no one simple explanation for the up and down of fuel prices. Energy policies, mother nature (hurricanes), seasonal blend changes, world politics, the economics of supply and demand all play a role and are all intertwined. Some have bigger impacts than others.
Gene363 Offline
#541 Posted:
Joined: 01-24-2003
Posts: 28,547
Sam's Club Diesel $4.25
Sunoverbeach Offline
#542 Posted:
Joined: 08-11-2017
Posts: 12,572
Floating around the high 3s for a few weeks now
delta1 Offline
#543 Posted:
Joined: 11-23-2011
Posts: 27,496
lesseehere... $5.49/gal premium at Costco........... down about a buck from few months ago June/July

Brandon bad when gas prices went up...

gas prices go down...

crickets about Brandon, who aint dead yet...
HockeyDad Offline
#544 Posted:
Joined: 09-20-2000
Posts: 43,940
Brandon has saved us all. Rejoice!
dkeage Offline
#545 Posted:
Joined: 03-05-2004
Posts: 14,448
Paid $3.35 last weekend when I left Wyoming. $2.95 when I hit Texas. Beer
Sunoverbeach Offline
#546 Posted:
Joined: 08-11-2017
Posts: 12,572
OK, gas is down from the peak, but gas still isn't down. Pi$$ed me off that I feel relieved when gas falls below $4.

Whoever's responsible, be it Brandon, the Oompa Loompa, the current Russian czar, oil execs, or oil market prognosticators, they can all bite my [email protected]#%ing a$$
DrMaddVibe Offline
#547 Posted:
Joined: 10-21-2000
Posts: 52,488
HockeyDad wrote:
Brandon has saved us all. Rejoice!



Ummm....


Biden May Further Drain Strategic Petroleum Reserve


U.S. President Joe Biden’s administration is weighing the need for further releases of crude oil from the nation’s emergency stockpiles after the current program ends in October, Energy Secretary Jennifer Granholm told Reuters on Thursday.

A Department Of Energy official later said the White House was not considering new releases from the U.S. Strategic Petroleum Reserve (SPR) at this time beyond the 180 million barrels that the president announced months ago.

The Biden administration this year has delivered about 1 million barrels of oil per day from SPR stockpiles to lower fuel prices and pare energy inflation ahead of midterm elections in November.

The releases so far this year have helped knock average U.S. retail gasoline prices down to $3.75 a gallon this week from $5 a gallon in June. But they also have cut U.S. emergency stocks to below 450 million barrels, lowest since 1984.

OPEC and its allies led by Russia on Monday agreed to a small oil production cut beginning next month to bolster prices that have slid on fears of an economic slowdown.

It is “a little early to say to say that there is going to be more SPR releases,” said Abhiram Rajendran, head of global oil at Energy Intelligence. “But if OPEC starts getting aggressive on cutting supply, that’s a possibility.”

The nation’s overall crude stocks have been declining since mid-2020 due to sales from congressional mandates and Biden’s price initiative.

Without the SPR releases, U.S. commercial crude oil inventories “would be much lower than they are and they are already below average,” said Phil Flynn, an analyst at Price Futures Group.

Granholm also said during a visit to Houston on Thursday that the administration and allies are still discussing a cap on prices for Russian oil purchases. A price cap would restrict revenues available to Russia amid its invasion of Ukraine.

The administration has not ruled out a U.S. fuel export ban, but said it is “certainly not something on top of the list,” she said.

Granholm recently wrote to U.S. refiners urging them to replenish low fuel inventories ahead of winter and to curb rising exports of gasoline and diesel. The letter warned the administration may take unspecified emergency measures if fuel stocks fell further.

https://gcaptain.com/biden-strategic-petroleum/


In front of the midterms no less...see the game afoot yet?
frankj1 Offline
#548 Posted:
Joined: 02-08-2007
Posts: 42,416
$3.41 for regular at BJ's the other day
tonygraz Offline
#549 Posted:
Joined: 08-11-2008
Posts: 18,625
$ 3.51 in Belfast Maine this afternoon.Eggs in Ellsworth, Maine $ 3.79 a dozen this evening.
frankj1 Offline
#550 Posted:
Joined: 02-08-2007
Posts: 42,416
say Hi to Solly
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