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GAS
Jun 2, 2022 12:01:49 GMT -5
Post by esshup on Jun 2, 2022 12:01:49 GMT -5
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GAS
Jun 2, 2022 12:56:18 GMT -5
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Post by greyhair on Jun 2, 2022 12:56:18 GMT -5
Lack of industry interest.
8 million acres under lease but not being developed.
Years from discovery to production.
Gulf production is not a major part of our supply.
Yes, the government could relax some rules, but that is light years from dropping gas prices.
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Post by greyhair on Jun 2, 2022 12:57:22 GMT -5
How about a use it or lose it clause for leases?
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Post by treetop on Jun 2, 2022 13:28:07 GMT -5
There is no supply shortage. Look it up. Refineries are running just like always. The companies are charging this because they know we will pay it. If they thought we would pay $10 a gallon, they would charge that. Easy to blame a President, but do you think that the CEO of Chevron sits around thinking about how to make your gas cheaper? Biden has plenty of problems but this is not his fault. Time for an investigation into price fixing and collusion. Where is Teddy Roosevelt when you need him? You’d have a real hard time convincing me Biden didn’t cause a lot of this It doesn’t take two years to ramp up a oil company maybe a few weeks but come on the plants built already and was running all they need to do was refine more oil and I’m not buying into Covid if anything we should of had extra oil nobody drove if anything the demand right now should be less more people retired and more are still working from home Pre Covid we had just as many people working driving vacations living life and yet gas was 1/2 the cost tell me what happened Funny Biden takes office closes our pipeline makes it almost impossible to drill here than dumps tons of our money into Russia pipeline and dumps billions of our tax dollars into wind and solar with no idea or plan how to make it work the man is clueless along with most of his staff and fellow democrats Want more stock market worst 5 months since depression Inflation at record highs Raise interest rates to slow inflation that he caused and that caused housing market to drop last 4 quarters Probably all Covid Now we want to forgive student loans don’t even ask me what I think of that. Isn’t that what you went to college for to make more money than the people who didn’t |
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Post by Woody Williams on Jun 2, 2022 13:31:11 GMT -5
Biden for once is fulfilling a campaign promise. He wants to kill fossil fuels, even if it kills our economy at the same time.
He loves high gas prices as they are “an incredible transition”.
Yeah, right..
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Post by jjas on Jun 2, 2022 13:50:30 GMT -5
It's like Jimmy Carter all over again...
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GAS
Jun 2, 2022 15:10:39 GMT -5
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jman46151 likes this
Post by greyhair on Jun 2, 2022 15:10:39 GMT -5
Well, just keep listening to the oil companies sob stories while you shovel money at them and blame the government.
That's just the way they like it.
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GAS
Jun 2, 2022 15:16:44 GMT -5
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Post by treetop on Jun 2, 2022 15:16:44 GMT -5
Well, just keep listening to the oil companies sob stories while you shovel money at them and blame the government. That's just the way they like it. So you believe this is all the oil companies doing. |
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GAS
Jun 2, 2022 16:23:03 GMT -5
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Post by greyhair on Jun 2, 2022 16:23:03 GMT -5
Not all. Just mostly. The oil companies are benefitting with record-breaking profits. Biden is getting murdered politically.
Why in the world would we take the side of the oil companies, given their history?
Short memories...
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Post by greghopper on Jun 2, 2022 19:06:38 GMT -5
Wonder why it didn’t happen why Trump was in office?
It’s not really a matter of who’s fault it maybe but Biden is in office so he needs to undo the matter…. Un ring the Bell!
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GAS
Jun 2, 2022 20:47:27 GMT -5
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Post by greyhair on Jun 2, 2022 20:47:27 GMT -5
But how? He can't make the companies lower prices, explore on their existing leases or put their massive profits into exploration instead of dividends and buybacks.
Recent lease auctions have not generated as much interest as in the past. Like I said, prices are high, the companies are drowning in profits, they don't have to spend a lot on exploration, and somebody else is taking the blame. They are perfectly happy to sit tight.
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Post by whitetaildave24 on Jun 2, 2022 21:05:31 GMT -5
Did Trump somehow fix corporate greed when he was president and gas was $2 a gallon?
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GAS
Jun 2, 2022 21:59:37 GMT -5
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Post by greyhair on Jun 2, 2022 21:59:37 GMT -5
No, but Covid knocked demand way, way, way down. That was the reason for the temporary low prices.
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Post by esshup on Jun 3, 2022 4:37:55 GMT -5
No, but Covid knocked demand way, way, way down. That was the reason for the temporary low prices. And what were the gas and diesel prices during the Trump presidency pre-covid? A whole lot less than they were now. Now post Covid they are higher than they were pre covid so that blows your theory out of the water. |
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GAS
Jun 3, 2022 10:24:29 GMT -5
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Post by greyhair on Jun 3, 2022 10:24:29 GMT -5
How did Trump do it?
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GAS
Jun 3, 2022 10:27:05 GMT -5
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Post by greyhair on Jun 3, 2022 10:27:05 GMT -5
You are blaming Biden while the companies rake it in. See, it's working.
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GAS
Jun 3, 2022 12:01:55 GMT -5
Post by Mack Apiary Bees on Jun 3, 2022 12:01:55 GMT -5
Year, Average Annual Gasoline Prices, President and comments
1980 $1.22 Carter
1981 $1.35 Reagan
1982 $1.28 Reagan
1983 $1.23 Reagan
1984 $1.20 Reagan
1985 $1.20 Reagan
1986 $0.93 Reagan
1987 $0.96 Reagan
1988 $0.96 Reagan (-6 cents)
1989 $1.06 Bush Sr
1990 $1.22 Bush Sr
1991 $1.20 Bush Sr
1992 $1.19 Bush Sr (+13 cents)
1993 $1.17 Clinton
1994 $1.17 Clinton
1995 $1.21 Clinton
1996 $1.29 Clinton
1997 $1.29 Clinton
1998 $1.12 Clinton
1999 $1.22 Clinton
2000 $1.56 Clinton (+37 cents)
2001 $1.53 Bush Jr
2002 $1.44 Bush Jr
2003 $1.64 Bush Jr
2004 $1.92 Bush Jr
2005 $2.34 Bush Jr
2006 $2.64 Bush Jr
2007 $2.85 Bush Jr
2008 $3.32 Bush Jr (+ $1.56 )
2009 $2.40 Obama
2010 $2.84 Obama
2011 $3.58 Obama
2012 $3.70 Obama
2013 $3.58 Obama
2014 $3.43 Obama
2015 $2.51 Obama
2016 $2.20 Obama (- $1.12)
2017 $2.47 Trump
2018 $2.80 Trump
2019 $2.70 Trump
2020 $2.24 Trump (+4 cents)
2021 $3.28 Biden (+ $1.04 )
2022 $4++ Biden
Bush Jr 8 years and Biden one year are the to largest increases. Everything else is 0-92 cent (+-=) changes from year to year. Put this in perspective.
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GAS
Jun 3, 2022 15:29:54 GMT -5
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Post by beermaker on Jun 3, 2022 15:29:54 GMT -5
$5.09 at the Georgetown exit in Floyd County.
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Post by greyhair on Jun 4, 2022 10:29:43 GMT -5
Here is a question. Biden knows this is killing him politically. If he could fix it, why wouldn't he?
It will be interesting to see if the Repubs take the House and Senate, if prices suddenly fall. That will tell you all you need to know.
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Post by beermaker on Jun 4, 2022 10:43:28 GMT -5
Here is a question. Biden knows this is killing him politically. If he could fix it, why wouldn't he? It will be interesting to see if the Repubs take the House and Senate, if prices suddenly fall. That will tell you all you need to know. Perhaps he realizes, or has been told by Dr. Jill, that he will not be mentally or physically capable of running again and is merely pushing every progressive idea the libs have on their agenda? I don't think for one minute that the deep state Democrats are letting him run again. I can't say for certain that the Republicans taking over Congress will immediately improve the economy, but I pray that it will be the immediate end of debating what the definition of a woman is and all of the other idiotic social issues the Democrats are pandering to. |
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