Gas prices in Gordon California [Archive] - Page 2

SnakeBoy

12-30-2021, 10:45 PM

https://oilprice.com/Energy/Oil-Prices/Chronic-Underinvestment-Could-Push-Oil-Prices-Higher-In-2022.html

By 2015-16 shale producers over supplied the market while taking on tons of debt. By 2019 investors had cut off the money for more production until producers showed restraint and started delivering on the promised ROI. Then the pandemic happened.

All that's happening is the oil market coming back into balance, shale producers are showing restraint on increasing production and instead focusing on free cash flow and debt reduction. Most are planning to begin increasing production again by 2nd qtr '22.

So what's happening now is what was destined to happen anyways. Gas prices are returning to the sustainable price they should be as Winehole's chart shows. Repugs are effectively blaming Dems for it and Biden is freaking out. Jmo, but it looks like Biden is going to succumb to political pressure and make things worse by trying to intervene in the energy market. Just in time for the midterms.

Ef-man

12-30-2021, 10:53 PM

Fast Fuels has gasoline at $2.85 and $2.83 at Costal, so no spike here.

SnakeBoy

01-11-2022, 08:44 PM

Drivers, get ready for $4 gas
https://www.cnn.com/2022/01/11/perspectives/gas-prices-2022/index.html

ElNono

01-11-2022, 08:46 PM

Drivers, get ready for $4 gas
https://www.cnn.com/2022/01/11/perspectives/gas-prices-2022/index.html

Should really go for $6, take the initial impact, and whenever it goes below $6, Brandon can say "I did that".

SnakeBoy

01-11-2022, 10:38 PM

Should really go for $6, take the initial impact, and whenever it goes below $6, Brandon can say "I did that".

You're talking oil at $150 like some have predicted. I can only hope that happens.

ElNono

01-11-2022, 11:36 PM

You're talking oil at $150 like some have predicted. I can only hope that happens.

At that price, electric/hybrid becomes much more enticing. That's why most Euro car companies are moving to electric. Right now the gallon of gas in France is $7.31, Germany $6.93, UK $7.48, etc.

Asia isn't that much different. Japan $5.28, South Korea $5.15, China $4.51... Gas in the US has always been pretty cheap.

Ef-man

01-12-2022, 12:24 AM

One week later and gas dropped to $2.80.

$2.75 further south.

Go Biden Go!

Thread

01-12-2022, 05:58 AM

One week later and gas dropped to $2.80.

$2.75 further south.

Go Biden Go!

Sure, fart face.

SnakeBoy

01-12-2022, 04:09 PM

One week later and gas dropped to $2.80.

$2.75 further south.

Go Biden Go!

Build in refined products due to omicron

Oil reserves dropped to lowest levels since 2002 - source EIA...today

Spring is gonna be fun for Brandon

Ef-man

01-12-2022, 04:27 PM

Build in refined products due to omicron

Oil reserves dropped to lowest levels since 2002 - source EIA...today

Spring is gonna be fun for Brandon

Ok

Thread

01-12-2022, 05:23 PM

Ok

Sit on it, fart face.

SnakeBoy

01-13-2022, 03:24 PM

Could be good news for gas prices for a little while

Global Economy Heading For "Mother Of All" Supply Chain Shocks As China Locks Down Ports
https://www.zerohedge.com/economics/global-economy-heading-mother-all-supply-chain-shocks-china-locks-down-ports

Rock
#BareShelvesBiden
Hard Place

SnakeBoy

01-18-2022, 11:14 AM

Oil at highest price in 10 years

Good work Joe, keep it up :tu

ElNono

01-19-2022, 01:52 AM

Oil at highest price in 10 years

Good work Joe, keep it up :tu

#winning :tu

Ef-man

01-19-2022, 01:30 PM

Oil at highest price in 10 years

Good work Joe, keep it up :tu

Think of higher gas prices as a tax break for big oil and the furthering of trickle down economics if that makes you to feel better!

Go Brandon Go!

boutons_deux

01-19-2022, 04:46 PM

Oil price set by OPEC extractive cartel, not US President, or any govt

RWNJs are fucking stupid, ignorant

SnakeBoy

01-22-2022, 02:11 PM

Oil could jump to $150 a barrel this quarter on the back of an 'adverse supply shock' from Russia-Ukraine tensions, JPMorgan says
https://www.msn.com/en-us/money/markets/oil-could-jump-to-150-a-barrel-this-quarter-on-the-back-of-an-adverse-supply-shock-from-russia-ukraine-tensions-jpmorgan-says/ar-AAT0NDl?ocid=msedgntp

Brandon

Ef-man

01-22-2022, 02:59 PM

Oh, look...

Oil prices rose to a seven-year high Tuesday amid ongoing supply concerns and escalating tensions in the Middle East, but Exxon Mobil CEO Darren Woods is confident they will trend lower.

″[W]e anticipated higher prices. We also anticipate a lot of volatility. And frankly we’re anticipating lower prices as we go forward,” he said.

ChumpDumper

01-22-2022, 06:19 PM

SnakeBoy

01-22-2022, 07:14 PM

You keep mentioning this.

You having trouble buying gas? You should look into a bus pass. Or ask members of your church for a ride.

Nah, it's wishful thinking. I bought OXY at $27. $150 oil would be sweet tbh. Bonus is Brandon would get the blame. Cancelled Keystone, socialism, etc.

SnakeBoy

01-25-2022, 02:59 PM

Biden Desperately Needs To Bring Oil Prices Down
https://oilprice.com/Energy/Oil-Prices/Biden-Desperately-Needs-To-Bring-Oil-Prices-Down.html

Looking forward to the Plagiarist In Chief to say Drill Baby Drill :lol

Ef-man

01-25-2022, 03:10 PM

Oh no, gas went up and is now $2.87 here! Where will I come up with the extra 7 cents per gallon! Oh, woe is me.

TDMVPDPOY

01-25-2022, 05:00 PM

how many of u are thinking of buying electric or hybrid vehicle??

ElNono

01-26-2022, 01:55 AM

how many of u are thinking of buying electric or hybrid vehicle??

I'm thinking about it. My Lexus is starting to show it's age, and here in California we get some nice incentives. Just not sure what yet. Been looking at the Audi Q5 and/or Q7.

Just not a great time to buy a car. With the supply shortage, new cars are hard to find and even used cars sell at a premium.

HemisfairArena

01-26-2022, 02:57 AM

I'm thinking about it. My Lexus is starting to show it's age, and here in California we get some nice incentives. Just not sure what yet. Been looking at the Audi Q5 and/or Q7.

Just not a great time to buy a car. With the supply shortage, new cars are hard to find and even used cars sell at a premium.

The gift that keeps on giving. The Biden years. Border problems. Foreign Affairs disaster. Covid mutated strains on the rampage. Inflation cruising higher. Stock Market cruising lower. and you cant even get a new car without getting bent over...but hey....he'll take care of your college debt for ya and pay you to have more babies.

ChumpDumper

01-26-2022, 03:02 AM

HemisfairArena

01-26-2022, 03:04 AM

I'm sorry you're suffering in this economy.

Im sorry you are too.

ChumpDumper

01-26-2022, 03:28 AM

Im sorry you are too.
I'm doing great, thanks!

HemisfairArena

01-26-2022, 03:31 AM

I'm doing great, thanks!

Prove it.

ChumpDumper

01-26-2022, 03:42 AM

Prove it.What do you demand as proof?

HemisfairArena

01-26-2022, 03:52 AM

What do you demand as proof?

Whatta ya got? You claimed it...prove it.

ChumpDumper

01-26-2022, 04:07 AM

Whatta ya got? You claimed it...prove it.Your demand. Whatta ya want?

ElNono

01-26-2022, 12:20 PM

The gift that keeps on giving. The Biden years. Border problems. Foreign Affairs disaster. Covid mutated strains on the rampage. Inflation cruising higher. Stock Market cruising lower. and you cant even get a new car without getting bent over...but hey....he'll take care of your college debt for ya and pay you to have more babies.

I don't have any college debt, and I can certainly wait until the COVID impact on the economy recovers before I change my car. Nothingburger.

The global supply chain issues are far from a US-only problem. But I can see you want big bad government to solve that problem. Just bootstrap, tbh.

MultiTroll

01-26-2022, 12:29 PM

I don't have any college debt, and I can certainly wait until the COVID impact on the economy recovers before I change my car. Nothingburger.

The global supply chain issues are far from a US-only problem. But I can see you want big bad government to solve that problem. Just bootstrap, tbh.
Additionally, top notch people in the field say in about 2-3 years the electric cars available are going to do circles around the current crop.

SnakeBoy

01-26-2022, 02:35 PM

Brandon cancelled Keystone

Oil hits $90 for the first time since 2014

Facts

ChumpDumper

01-26-2022, 02:43 PM

SnakeBoy needs a ride. Someone reach out to him.

koriwhat

01-26-2022, 04:40 PM

Brandon cancelled Keystone

Oil hits $90 for the first time since 2014

Facts

As he greenlit the pipeline through Europe for Russia...

BackHome

01-26-2022, 06:09 PM

I'm sorry you're suffering in this economy.

It is the poor that suffers the most from inflation and since we are seeing some of the highest inflation levels in the last 30 years the impact is severe for poor families

ChumpDumper

01-26-2022, 06:13 PM

It is the poor that suffers the most from inflation and since we are seeing some of the highest inflation levels in the last 30 years the impact is severe for poor familiesYou're concerned for the poor now?

koriwhat

01-26-2022, 06:17 PM

Chump doesn't care because his wife is still employed by Sea World. Make sure you take a tarp with you if you go to see Shamu.

ChumpDumper

01-26-2022, 07:26 PM

:lol Joey can't shut up about me

benefactor

01-26-2022, 07:54 PM

:lol gas
:lol poor people problems

BackHome

01-26-2022, 08:49 PM

Umm highest inflation in 30 years is impacting Gas, Food, Rent, Cars, etc. Again, this impacts the poor more then the rich not so hard to comprehend?

ElNono

01-26-2022, 08:50 PM

Umm highest inflation in 30 years is impacting Gas, Food, Rent, Cars, etc. Again, this impacts the poor more then the rich not so hard to comprehend?

You're concerned for the poor now?

SnakeBoy

02-03-2022, 05:41 PM

WTI Crude Passes $90 a Barrel for the First Time Since 2014

Both WTI and Brent at $90+ bbl

US inventory now 9% below 5 year avg

Only 7 weeks until demand season starts

ElNono

02-03-2022, 05:51 PM

WTI Crude Passes $90 a Barrel for the First Time Since 2014

Both WTI and Brent at $90+ bbl

US inventory now 9% below 5 year avg

Only 7 weeks until demand season starts

https://images.wsj.net/im-222837?width=1280&size=1.33333333

SnakeBoy

02-03-2022, 05:56 PM

https://images.wsj.net/im-222837?width=1280&size=1.33333333

:tu

Winehole23

02-03-2022, 06:05 PM

wrong thread

ElNono

02-04-2022, 03:36 AM

wrong thread

jeez, you need help finding your way around? It's not that big of a place :lol

Ef-man

02-04-2022, 12:16 PM

Fucking poor bastard. :lol

Someone buy the guy a bus pass. :lol

He can always ask for the boomer pass discount as he did not plan for his retirement.

Must suck to have to work at his age.

SnakeBoy

02-04-2022, 01:41 PM

Aramco Plans To List Additional $50 Billion In Shares
https://oilprice.com/Energy/Energy-General/Aramco-Plans-To-List-Additional-50-Billion-In-Shares.html

SnakeBoy

02-04-2022, 08:58 PM

Oil Market Keeps Getting Stronger as Prices Blow Through $92
https://www.bloomberg.com/news/articles/2022-02-03/roaring-oil-market-heads-for-seventh-weekly-gain-as-wti-tops-90

Big oil rolling in cash at these prices :tu

SnakeBoy

02-04-2022, 09:01 PM

U.S. Senators Want To Put Brakes On LNG Exports To Curb Domestic Energy Bills
https://oilprice.com/Energy/Energy-General/US-Senators-Want-To-Put-Brakes-On-LNG-Exports-To-Curb-Domestic-Energy-Bills.html

Pocahontas wants to ban exports to lower prices

HAHAHAHAHAHA

Ef-man

02-04-2022, 09:03 PM

DMC

02-04-2022, 09:22 PM

jeez, you need help finding your way around? It's not that big of a place :lol

WH gets lost without an end of the world thread.

SnakeBoy

02-06-2022, 01:55 PM

Aramco Plans To List Additional $50 Billion In Shares
https://oilprice.com/Energy/Energy-General/Aramco-Plans-To-List-Additional-50-Billion-In-Shares.html

Saudi Arabia raises March crude prices to Asia
https://www.reuters.com/business/energy/saudi-arabia-raises-march-crude-prices-asia-2022-02-05/

SnakeBoy

02-10-2022, 11:25 AM

Democrats propose federal gas tax holiday ahead of midterm elections

:lol

SnakeBoy

02-21-2022, 12:52 PM

Frackers Hold Back Production as Oil Nears $100 a Barrel
February 18, 2022 in Markets

America’s largest frackers are reporting huge profits but plan to keep oil production in low gear this year, adhering to an agreement with Wall Street, even as prices approach the $100-a-barrel mark for the first time since 2014.

Three of the largest shale companies, Pioneer Natural Resources Co. , Devon Energy Corp. and Continental Resources Inc., this week reported their highest annual profits in more than a decade for 2021. The companies said they collected record amounts of extra cash by hanging on to the money they earn selling oil and natural gas and reinvesting only what they needed to keep output roughly flat. All three said they would continue to limit production growth this year.

ChumpDumper

02-21-2022, 12:58 PM

cartels good now

SnakeBoy

02-21-2022, 01:02 PM

cartels good now

High gas prices bad now

Sorry you are struggling

ChumpDumper

02-21-2022, 01:05 PM

High gas prices bad now

Sorry you are struggling:lol you're the one complaining nonstop about gas prices

Still need a ride? Try Stormfront.

SnakeBoy

02-21-2022, 01:07 PM

Saudi Energy Minister Calls For Long-Term OPEC+ Cooperation
By Charles Kennedy - Feb 21, 2022, 9:30 AM CST

The Saudi energy minister has called on his colleagues in OPEC+ to stay in agreement about production policies to ensure long-term market stability.

“We need to keep this consensus-building approach to be with us permanently because, without it, we will lose sight of our collective ambition,” Prince Abdulaziz bin Salman said at the International Petroleum Technology Conference in Riyadh this weekend, as quoted by Bloomberg.

“Ask any producer of oil and gas today. If it were not for OPEC+ would they be the chairmen and the CEOs of today? And the answer: they would have vanished,” bin Salman also said.

With regards to OPEC’s consensus on production, it has been remarkably solid of late. This may well be due to the fact that most OPEC producers don’t have the capacity to increase production as much as they agreed to under the OPEC+ plan to return to pre-pandemic levels of output. According to analysts, Saudi Arabia and the UAE are likely the only OPEC members that have the spare capacity to boost production considerably.

However, even a member such as Nigeria, which has been against strict production curbs and which has only recently managed to boost its production close to its OPEC+ quota, is not arguing about the path the cartel has taken.

This suggests that there is stronger unity among the group’s members, which in turn suggests continued limits on supply additions even from producers that have the capacity to pump more. And this, ultimately, means higher prices for longer as the consensus on demand remains quite bullish.

Interestingly, some OPEC members do not seem to share the belief expressed by some commodity industry executives such as Vitol’s Russell Hardy that the global oil market is dangerously undersupplied.

“We are on a journey to attend to the market by gradually increasing production, and we think that this plan is attending to the supply and demand,” UAE energy minister Suhail Al-Mazrouei said at the International Petroleum Technology Conference. “I think our plan is working, and I don’t think that the market is hugely under-supplied.”

SnakeBoy

02-21-2022, 01:08 PM

:lol you're the one complaining nonstop about gas prices

I'm not complaining at all lol

ChumpDumper

02-21-2022, 01:13 PM

:lol boy's tiki torch rideshare solicitation

SnakeBoy

02-21-2022, 02:42 PM

Not Even $200 a Barrel: Shale Giants Swear They Won't Drill More
The architects of the American shale revolution are following through on pledges to put investor returns above all else.
https://www.bloomberg.com/news/articles/2022-02-18/shale-wildcatters-send-bullish-oil-price-signal-with-output-restraint

Ef-man

02-21-2022, 02:44 PM

SnakeBoy

02-28-2022, 07:15 PM

Popular hedge-fund manager Pierre Andurand is cautioning that the oil markets are worse off than many traders believe, according to the Wall Street Journal.

When asked why oil prices aren’t higher than they are given the grave situation in Ukraine, one manager of a $1 billion hedge fund has a frightening answer: it’s because traders just haven’t realized just how bad things are yet.

SnakeBoy

02-28-2022, 07:18 PM

Goldman Says Demand Destruction Only Thing That Can Restrain Oil
https://finance.yahoo.com/news/goldman-says-demand-destruction-only-021336970.html

The only potential short-term supply response would need to come from the OPEC+ alliance, which is set to meet later this week, according to Goldman. A surge in output from Saudi Arabia and the United Arab Emirates, along with a lifting of U.S. sanctions on Iran may boost daily global supplies by 2 million barrels in the next few months, with an internationally coordinated reserves release helping to bridge the gap, it said. But that would come at the expense of a depletion of spare capacity, pushing prices higher, the analysts said.

Ef-man

02-28-2022, 07:38 PM

He can always ask for the boomer pass discount as he did not plan for his retirement.

Must suck to have to work at his age.

Better buy your bus passes now.

Popular hedge-fund manager Pierre Andurand is cautioning that the oil markets are worse off than many traders believe, according to the Wall Street Journal.

When asked why oil prices aren’t higher than they are given the grave situation in Ukraine, one manager of a $1 billion hedge fund has a frightening answer: it’s because traders just haven’t realized just how bad things are yet.

SnakeBoy

03-01-2022, 12:13 PM

WTI $106
Brent $107

SnakeBoy

03-01-2022, 12:21 PM

https://media.tenor.com/images/abdf4b6e768fd0b00fabd93c8659db5f/tenor.gif

Winehole23

03-01-2022, 02:55 PM

WTI $106
Brent $107

Definite tone of worry about coordinating quota hikes, along with a suggestion that sanctions against Iranian oil may have to give at some point.

In the clearest sign yet that almost all buyers of Russian oil have left the market, the country's flagship crude was offered on Tuesday at a record discount of $18.60 a barrel under the Brent benchmark. Even at that exceptional discount, several times larger than the usual couple of bucks difference, there were not a single bid for the barrelshttps://www.bloomberg.com/opinion/articles/2022-03-01/six-things-you-need-to-know-about-the-russian-oil-shock

boutons_deux

03-01-2022, 03:41 PM

USA and Europe agree to release 60 million barrels of oil from their reserves

SnakeBoy

03-01-2022, 03:41 PM

Definite tone of worry about coordinating quota hikes, along with a suggestion that sanctions against Iranian oil may have to give at some point.

https://www.bloomberg.com/opinion/articles/2022-03-01/six-things-you-need-to-know-about-the-russian-oil-shock

Exxon is about to pull the plug on Russia (recalling all US citizens). Iran can't save the day.

Goldman Says Demand Destruction Only Thing That Can Restrain Oil
https://finance.yahoo.com/news/goldman-says-demand-destruction-only-021336970.html

The only potential short-term supply response would need to come from the OPEC+ alliance, which is set to meet later this week, according to Goldman. A surge in output from Saudi Arabia and the United Arab Emirates, along with a lifting of U.S. sanctions on Iran may boost daily global supplies by 2 million barrels in the next few months, with an internationally coordinated reserves release helping to bridge the gap, it said. But that would come at the expense of a depletion of spare capacity, pushing prices higher, the analysts said.

SnakeBoy

03-01-2022, 04:14 PM

Nah, it's wishful thinking. I bought OXY at $27. $150 oil would be sweet tbh. Bonus is Brandon would get the blame. Cancelled Keystone, socialism, etc.

Occidental rockets 24% in two days after reaffirming pro-shareholder plans
https://seekingalpha.com/news/3808024-occidental-rockets-24-in-two-days-after-reaffirming-pro-shareholder-plans

Occidental Petroleum is the best performer among major oil producing stocks for the second straight day, skyrocketing as much as 24% to hit another multiyear high, as oil prices extend their rally above $100/bbl.

https://i.giphy.com/media/l4q8cJzGdR9J8w3hS/giphy.webp

SnakeBoy

03-01-2022, 05:11 PM

Nations agree to release 60M barrels of oil amid Russian war
https://www.ksat.com/business/2022/03/01/nations-agree-to-release-60-million-barrels-of-oil-amid-war/

that's about 12 hours

There's a supply constraint

World: What can we do to lower prices and keep demand high?

pgardn

03-01-2022, 05:35 PM

More R & D into alternative sources of energy for big oil companies.
Big thing right now is H2 gas production and storage.

Some companies are ahead of others but most are putting their hat in.

Lets get on with it. Use green energy to produce the gas by electrolysis of water. Burn it for energy and the bi product is water.

SnakeBoy

03-01-2022, 05:49 PM

ElNono

03-01-2022, 11:31 PM

WTI $106
Brent $107

Still need to go higher... $160 is a good price to settle...

SnakeBoy

03-02-2022, 12:28 AM

Still need to go higher... $160 is a good price to settle...

Just might get there

6.7M bbl draw today vs expected 2.7M build and demand season is coming quick...crazy

ElNono

03-02-2022, 12:31 AM

Just might get there

6.7M bbl draw today vs expected 2.7M build and demand season is coming quick...crazy

Summer always ramps up... then it'll go back down...

SnakeBoy

03-04-2022, 01:28 AM

Joe waiting on Iran deal to get inked

https://media.giphy.com/media/3oEjHSuZnihHywNAoE/giphy.gif

ElNono

03-04-2022, 01:53 AM

Joe waiting on Iran deal to get inked

https://media.giphy.com/media/3oEjHSuZnihHywNAoE/giphy.gif

He's winning the hearts of Iranians, tbh

SnakeBoy

03-04-2022, 08:08 PM

Berkshire Hathaway has purchased nearly 30 million shares of Occidental Petroleum since the end of 2021

Warren Buffet good now tbh

Ef-man

03-04-2022, 11:40 PM

Berkshire Hathaway has purchased nearly 30 million shares of Occidental Petroleum since the end of 2021

Warren Buffet good now tbh

You should have bought the commuter bus coupons when we told you.

Now look at you, all high and mighty discussing Warren Buffet but having walking to work, smh.

ElNono

03-06-2022, 04:22 PM

Most expensive gas in the U.S.

California continues to shatter its record of highest gas prices and the most expensive gas prices in the country, averaging $5.28 per gallon in the Golden State. California is the only state with an average cost over $5.

In Mono County, which borders Nevada and home of popular tourist destination Mammoth Mountain, the average prices of gas is $5.95. But other places are seeing higher cost; KABC reported a station in Los Angeles had prices at $6.99 per gallon. The cheapest average cost of gas is in Missouri and Oklahoma at $3.60.

Here are the most expensive average costs of gas per gallon in the county, per AAA:

California ($5.28)
Hawaii ($4.69)
Nevada ($4.52)
Oregon ($4.46)
Washington ($4.40)
Alaska ($4.36)
Illinois ($4.26)
Connecticut ($4.21)
New York ($4.20)
Pennsylvania ($4.17)

https://www.usatoday.com/story/money/2022/03/06/gas-price-tops-4-dollar-gallon/9402743002/

---

This is why they should've set the price at $7 a gallon a while back like I said, tbh... this wouldn't be weekly news. Amateur hour, tbh...

Plus for Californians it's a drop in the bucket, and who cares about Missouri and Oklahoma since you're never getting their vote anyways...

SnakeBoy

03-06-2022, 07:19 PM

Still need to go higher... $160 is a good price to settle...

$129 atm

I hope you get your wish :lol

boutons_deux

03-06-2022, 07:48 PM

Oil Prices Jump as U.S. Discusses Russian Import Ban

The cost of Brent crude, the international benchmark, rose about 10 percent on Sunday, reaching $130 a barrel.

https://www.nytimes.com/2022/03/06/business/oil-prices-us-russia-ukraine.html

pgardn

03-06-2022, 08:04 PM

Whatabout 2050 ain't gonna help now

What about science-technology takes time and just because you will be dead you cry?
Solar and wind are way ahead of coal now in Texas snake.
I know this was a big blow to your Vaseline dreams.

You want more losing, you got it.

BackHome

03-06-2022, 10:59 PM

It’s all about the Economy I don’t care who is in powers when Economy is doing shitty that party know they going to be voted out.

ElNono

03-06-2022, 11:38 PM

It’s all about the Economy I don’t care who is in powers when Economy is doing shitty that party know they going to be voted out.

Agreed. Seeing the economy is doing great, the only question I have is whether it's going to be Old Joe or Kamala fixing the economic mess Dennison left them.

Winehole23

08-01-2022, 10:53 AM

https://pbs.twimg.com/media/FZEpoDQXkAEnCiL?format=jpg&name=large

SnakeBoy

08-01-2022, 02:35 PM

https://pbs.twimg.com/media/FZEpoDQXkAEnCiL?format=jpg&name=large

:lmao

ElNono

08-01-2022, 04:52 PM

https://pbs.twimg.com/media/FZEpoDQXkAEnCiL?format=jpg&name=large

It was always going to peak in the summer... it always does.

SnakeBoy

08-01-2022, 05:14 PM

It was always going to peak in the summer... it always does.

https://charts.stocktwits.com/production/original_475199963.png

DMC

08-01-2022, 05:49 PM

:lmao

:lol det graph scale

Wall of Shamer doing Wall of Shame things

SnakeBoy

08-01-2022, 05:51 PM

:lol det graph scale

Wall of Shamer doing Wall of Shame things

It's like the 3rd time he's done it :lol

Winehole23

10-04-2022, 11:01 AM

OPEC+ will discuss production cuts tomorrow

“This is probably a little bit of payback,” Phil Flynn, an analyst with the Price Futures Group, said in an interview. “The Biden administration early on was saying they were going to use their strategic reserve to teach OPEC a lesson. Back in November they called out OPEC to raise production and OPEC didn’t see it that way. And so the Biden administration released oil from the reserve to try to cool down gasoline prices.”

“But the strategic reserve isn’t big enough to control prices for an extended period of time,” Flynn said. “And even though it might have had some influence on prices for a little while, now you could see prices getting up higher than they would have been, because there wasn’t a production response from the oil companies. Now OPEC has more control over the market.”
https://thehill.com/policy/finance/3672474-opec-production-cut-threatens-gas-price-spike-ahead-of-midterms/

InRareForm

10-05-2022, 07:21 AM

$8 gas soon

Winehole23

12-11-2023, 11:13 AM

"drill, baby, drill"

1734177103833112580

Thread

12-11-2023, 11:40 AM

"drill, baby, drill"

1734177103833112580

Trump: $2 a gallon.
Biden: $4 a gallon.

Winehole23

01-08-2024, 11:46 PM

Straight lyin, or trying to ID true believers. I guess you can do both at once.

1744538841334071570

Thread

01-08-2024, 11:53 PM

Trump: $2 a gallon.
Biden: $4 a gallon.

Blake

01-09-2024, 12:47 AM

Trump doesn't know where the gas cap is

FrostKing

01-09-2024, 01:05 AM

San Diego & LA cleaned up the homeless in some areas.

Winehole23

05-04-2024, 07:30 AM

Looks like the oil patch colluded with OPEC to goose gas prices (and inflation) in 2021.

Biden wanted a price gouging bill, but Republicans wouldn't allow it.

Last Sunday, I wrote a piece (https://www.thebignewsletter.com/p/monopoly-round-up-inflation-re-accelerating) alleging that U.S. shale oil producers colluded with the Saudi government from 2021-2023 to drive up gas prices. That essay was based on some reporting I had done, as well as a complaint (https://www.dropbox.com/scl/fi/6kg5nqpr3uxakc41bmywz/pm-53123561_complaint.pdf?rlkey=lvmfvw5cjz67kwu2hc1rb k8q8&dl=0) from a savvy Kansas City class action law firm, Sharp Law (https://sharplawllp.com/), with special expertise in oil. The theory was that American producers, after a bitter price war from 2014-2016, got tired of competing on price with the Organization of Petroleum Exporting Countries, or the OPEC oil cartel, and at some point from 2017-2021, decided to join the cartel and cut supply to the market. This action had the affect of raising oil prices, costing oil consumers something on the order of $200 billion a year.

Yesterday, the Federal Trade Commission released evidence (https://www.ftc.gov/news-events/news/press-releases/2024/05/ftc-order-bans-former-pioneer-ceo-exxon-board-seat-exxon-pioneer-deal) confirming that collusion played a serious role in hiking oil prices at that time. Pioneer Natural Resources CEO Scott Sheffield, a leader in the fracking field, “exchanged hundreds of text messages with OPEC representatives and officials discussing crude oil market dynamics, pricing and output.” Sheffield was explicit about his goal, saying that “if Texas leads the way, maybe we can get OPEC to cut production. Maybe Saudi and Russia will follow. That was our plan,” he said, adding: “I was using the tactics of OPEC+ to get a bigger OPEC+ done.” He talked to shareholders, publicly threatened rivals, and ultimately achieved output cuts across the industry regardless of price. “Even if oil gets to $200/barrel,” he said, “the independent producers are going to be disciplined.”
https://www.thebignewsletter.com/p/an-oil-price-fixing-conspiracy-caused

Thread

05-04-2024, 08:55 AM

Looks like the oil patch colluded with OPEC to goose gas prices (and inflation) in 2021.

Biden wanted a price gouging bill, but Republicans wouldn't allow it.

https://www.thebignewsletter.com/p/an-oil-price-fixing-conspiracy-caused
:lmao:lmao:lmao

CosmicCowboy

05-05-2024, 12:39 AM

Thread

05-05-2024, 08:39 AM

I dont want to live in LA but love visiting. I'm totally jealous of the weather. I like to garden and the variety of trees, flowers etc that can grow there year round are freaking amazing. Plus the variety of high quality food available is definitely better than we have in the SA area (except for texmex). I always have to hit Din Tai Fung at Century City when I'm in town. Of course beaches are amazing...Paradise Cove is another favorite.

But it's humid there, not super humid like in the south east, but humid nonetheless, and the bastards have an aversion to A/C on some kind of nonsensical principles level. Here in AZ., A/C is beloved and cherished, shown everywhere with pride. In Los Angeles it's frowned upon and one needs to hunt for it without exposing your hunt's quest. We went a few times with the children when they were small, but I'll never go over there again. Ever. It's my religion.

CosmicCowboy

05-05-2024, 10:14 PM

Hit Jitlada up in East Hollywood...for you LA guys that is some serious Thai...Definitely better than any in SA.

baseline bum

05-05-2024, 10:43 PM

But it's humid there, not super humid like in the south east, but humid nonetheless, and the bastards have an aversion to A/C on some kind of nonsensical principles level. Here in AZ., A/C is beloved and cherished, shown everywhere with pride. In Los Angeles it's frowned upon and one needs to hunt for it without exposing your hunt's quest. We went a few times with the children when they were small, but I'll never go over there again. Ever. It's my religion.

WTF are you talking about? Have you ever even been to LA? LA isn't humid. I lived there without A/C fine, and even on the off day where it would be above 85 in September it would be a dry heat from the Santa Anna winds. 85 in San Antonio is gross because the dewpoint will usually be in the 70s and makes your body feel sticky if you're outside long but 85 in LA when the dew point is in the 30s or 40s or 75 in LA when the dew point is 60 feel amazing.

CosmicCowboy

05-05-2024, 10:58 PM

Agree with base. Only weird weather is the gray days in the spring but overall the weather is awesome.

baseline bum

05-05-2024, 11:05 PM

Of course beaches are amazing...Paradise Cove is another favorite.

Everywhere around Malibu is great for surfing, bodysurfing, boogie boarding, etc since it's south facing but Huntington Beach is by far my favorite. Busy as hell but when there's a storm in Baja you'll get pretty big waves. But it was a hell of a drive from where I lived while Malibu was a pretty quick trip, though I always went to Zuma Beach on the other side of Point Dume from Paradise Cove. Or if I just wanted to be lazy and lay on my back and relax in the swells a west facing beach like Redondo was perfect, plus the pier has a great oyster bar.

CosmicCowboy

05-05-2024, 11:14 PM

Everywhere around Malibu is great for surfing, bodysurfing, boogie boarding, etc since it's south facing but Huntington Beach is by far my favorite. Busy as hell but when there's a storm in Baja you'll get pretty big waves. But it was a hell of a drive from where I lived while Malibu was a pretty quick trip, though I always went to Zuma Beach on the other side of Point Dume from Paradise Cove. Or if I just wanted to be lazy and lay on my back and relax in the swells a west facing beach like Redondo was perfect, plus the pier has a great oyster bar.

I was a decent surfer, but it's hard to get really good in Texas. Only really good waves were when a hurricane was in the gulf. Did most of my surfing in Freeport which was a bitch...third break seemed like a mile offshore paddling out.

baseline bum

05-05-2024, 11:42 PM

I was a decent surfer, but it's hard to get really good in Texas. Only really good waves were when a hurricane was in the gulf. Did most of my surfing in Freeport which was a bitch...third break seemed like a mile offshore paddling out.

LOL I never really got good but I guess good enough to enjoy it. Can definitely see how hard it would be in the Gulf.

FrostKing

05-05-2024, 11:47 PM

I dont want to live in LA but love visiting. I'm totally jealous of the weather. I like to garden and the variety of trees, flowers etc that can grow there year round are freaking amazing. Plus the variety of high quality food available is definitely better than we have in the SA area (except for texmex). I always have to hit Din Tai Fung at Century City when I'm in town. Of course beaches are amazing...Paradise Cove is another favorite.
San Diego is better in every way. LA everything has a fence, rules, and few want to socialize with a stranger. Plus the traffic.

Only exception is if you are lower income and want more options to climb up the ladder.

CosmicCowboy

05-06-2024, 09:59 AM

San Diego is better in every way. LA everything has a fence, rules, and few want to socialize with a stranger. Plus the traffic.

Only exception is if you are lower income and want more options to climb up the ladder.

Yeah, rented a house in Ocean Beach once. Was a fun trip.

Thread

05-06-2024, 11:42 AM

WTF are you talking about? Have you ever even been to LA? LA isn't humid. I lived there without A/C fine, and even on the off day where it would be above 85 in September it would be a dry heat from the Santa Anna winds. 85 in San Antonio is gross because the dewpoint will usually be in the 70s and makes your body feel sticky if you're outside long but 85 in LA when the dew point is in the 30s or 40s or 75 in LA when the dew point is 60 feel amazing.

It was humid every time I ever went in there. They portend it's not, but I know humidity when I feel it. I hate it with a passion.

If I had, just had to make a choice twixt no humidity OR no Trump...no Trump without batting an eyelash. I'd cast him down with those sodomites in an instant..."But Dale!"

"Dale my ass. Chow."

baseline bum

05-06-2024, 01:23 PM

It was humid every time I ever went in there. They portend it's not, but I know humidity when I feel it. I hate it with a passion.

If I had, just had to make a choice twixt no humidity OR no Trump...no Trump without batting an eyelash. I'd cast him down with those sodomites in an instant..."But Dale!"

"Dale my ass. Chow."

Need to take your ass west of Covina because LA proper has spectacular weather. I hate humidity with a passion but a marine layer coming in at 6am when it's 58 degrees is hardly my definition of humid. Hell our dewpoints are usually higher than 58 in the middle of the day when it's 104 out here in the summer in San Antonio.

Chucho

05-06-2024, 03:02 PM

Need to take your ass west of Covina because LA proper has spectacular weather. I hate humidity with a passion but a marine layer coming in at 6am when it's 58 degrees is hardly my definition of humid. Hell our dewpoints are usually higher than 58 in the middle of the day when it's 104 out here in the summer in San Antonio.

Weather is one of the few nice things about LA. LA is a giant myth like New York city. The parts that NEED to be nice and clean are nice and clean, but you're literally surrounded by filth and urban decay within mere blocks.

SoCal in general is just one of the most over rated posh spots in the world. Miami and Vegas have already surpassed LA and there are hundreds of miles of coastline Northbound where you don't have to worry about turds and biowaste washing ashore.

Thread

05-06-2024, 05:04 PM

Weather is one of the few nice things about LA. LA is a giant myth like New York city. The parts that NEED to be nice and clean are nice and clean, but you're literally surrounded by filth and urban decay within mere blocks.

SoCal in general is just one of the most over rated posh spots in the world. Miami and Vegas have already surpassed LA and there are hundreds of miles of coastline Northbound where you don't have to worry about turds and biowaste washing ashore.

Chooch

ChumpDumper

05-27-2024, 11:33 AM

1795117181593694331

Blake

05-27-2024, 01:25 PM

I blame Biden

Thread

05-27-2024, 01:51 PM

1795117181593694331

I'll boil it down, daddy...

Trump: $2 a gallon.
Biden: $5 a gallon.

Let us proceed...

Winehole23

06-03-2024, 05:52 PM

Bullies are often big crybabies, too

1797706202564169846

Thread

06-03-2024, 06:47 PM

Bullies are often big crybabies, too

1797706202564169846

I'll boil it down, daddy...

Trump: $2 a gallon.
Biden: $5 a gallon.

Let us proceed...

Winehole23

07-04-2024, 12:31 PM

"Biden destroyed the country"

⁸1808702274853609482https://x.com/CBSNews/status/1808702274853609482

Thread

07-04-2024, 01:34 PM

"Biden destroyed the country"

⁸1808702274853609482https://x.com/CBSNews/status/1808702274853609482

Boiled down:::

Trump: $2 a gallon gas.
Biden: $5 a gallon gas.

ChumpDumper

07-04-2024, 01:38 PM

Yep, Trumptards are doing great and they can't stand it.:lol

Winehole23

09-11-2024, 03:53 PM

https://pbs.twimg.com/media/GXORVCLXMAAGx3_?format=jpg&name=small

Winehole23

07-10-2025, 08:11 AM

brazen, obvious lying ignored

because it's just a background assumption that Trump has an arms-length relationship with the truth

President Donald Trump has been gassing up (https://www.independent.co.uk/news/world/americas/us-politics/taco-trump-tariffs-august-deadline-b2785091.html) low gasoline prices, repeatedly asserting that they’re as low as $1.99, but there’s little proof to support his claims.

“There’s two states, three states that were selling gasoline at $1.99. You haven’t seen that for a long time,” the president said (https://www.independent.co.uk/news/world/americas/us-politics/trump-ukraine-weapons-latest-b2785906.html)at a press conference on Wednesday.

It’s not immediately clear which states he was referring to as nowhere seemed to have such low prices.
https://www.independent.co.uk/news/world/americas/us-politics/trump-gas-prices-low-b2785995.html

SnakeBoy

07-10-2025, 06:39 PM

https://pbs.twimg.com/media/GXORVCLXMAAGx3_?format=jpg&name=small

https://charts.gasbuddy.com/ch.gaschart?Country=USA&Crude=f&Period=48&Areas=USA%20Average%2C%2C&Unit=US%20%24%2FG

ChumpDumper

07-10-2025, 06:40 PM

https://charts.gasbuddy.com/ch.gaschart?Country=USA&Crude=f&Period=48&Areas=USA%20Average%2C%2C&Unit=US%20%24%2FG

Thanks for confirming your Trump's lie.:tu

SnakeBoy

07-10-2025, 06:41 PM

Det Biden spike tho

Blake

07-10-2025, 06:42 PM

Det Biden spike tho

What did Biden do that made it spike? What did Trump do to bring it down?

ChumpDumper

07-10-2025, 06:45 PM

Det Biden spike tho

Whataboutism.

Winehole23

08-03-2025, 08:36 AM

good for gas prices, bad for the high-overhead US oil patch

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:767ycrlfjmddxgnxsylkfbrd/bafkreia6uq4wat7kfa2kec7u2dkbgciowtchck2axvykf4vba 22jdxzham@jpeg

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:rlrewm36cj7tjebsd5wqgy2a/bafkreidm6i7icagzrhgnytsmyrptqnvi6gbgihj2lj6yqdzzh zr6lxqne4@jpeg

Winehole23

03-05-2026, 08:37 AM

don't start a war in the middle east, duh

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:bbp2b224lro3bfnzcqwwnkfo/bafkreih6wfm56faxyy6zhywo7lfeov52kojqpvoxfdow7qpx7 ps43ybebu@jpeg

Winehole23

03-05-2026, 08:37 AM

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreiaa5kmnsae5kzuefen7micnuwoatbp4yhdjtt474nor6 5key5wmke@jpeg

Blake

03-05-2026, 02:07 PM

Where's tsa to spin how gas prices aren't really high.

Winehole23

03-08-2026, 10:55 AM

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:joadp2oerpu26csiypf25dvv/bafkreifnuxohzbv453agzjmmox6xg3yilquptks65gvc2yird 4ftmvkmli

Winehole23

03-08-2026, 11:46 PM

don't start a war in the middle east, duhI think this is underrated

Why do it again?

Oh well, Trump did

Winehole23

03-12-2026, 01:11 PM

about 1/3 of the increase is due to seasonal adjustment, but the slope of the curve doesn't lie

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:pnx2fjuannbdpy3337ggthpp/bafkreiayz3ty76yee5lccy5hdckgo6akuquufnq6662towhh4 ftsxzyc64

Blake

04-16-2026, 03:51 PM

Seriously, fuck this guy for giving a job of saving energy to every day drivers and not mentioning anyone else.

As gas prices continue to soar in the U.S. and across the globe amid the war with Iran, Chevron executive Andy Walz suggested Americans could save money by driving less and trying to conserve energy.

"People should try to drive less. They should try to conserve energy," Walz told CBS News when asked how Americans could try saving money at the pump. "We should be doing that all the time. Energy's essential for people's lives, but we should conserve it."

https://www.cbsnews.com/news/chevron-andy-walz-gas-prices-iran-war/