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Feb 12th, 2024
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Re: you ready for oil price [Re: Chubbyfarts] #8583009 04/21/22 11:46 PM
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Donpilot Offline
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Originally Posted by Tail Shooter
I personally don't think Biden controls the price of oil .


Closing leases, stopping pipelines certainly has an effect.

Re: you ready for oil price [Re: Mickey Moose] #8583031 04/22/22 12:17 AM
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unclebubba Offline
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Originally Posted by Mickey Moose
Originally Posted by Tail Shooter
I personally don't think Biden controls the price of oil .

Well of course he doesn't. But he certainly impacts it.

Originally Posted by Donpilot
Originally Posted by Tail Shooter
I personally don't think Biden controls the price of oil .


Closing leases, stopping pipelines certainly has an effect.

This and this. Of course he does not personally control the price of oil, but his policies can make it harder to drill/transport oil thereby affecting supply. If you can affect supply, you can control price. Just ask OPEC.

Re: you ready for oil price [Re: fadetoblack64] #8591862 05/05/22 05:23 PM
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freerange Offline
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Remind me, which week was it gonna hit 150????


At some point in life its time to quit chasing the pot of gold and just enjoy the rainbow. FR
Keep your gratitude higher than your expectations. RWH
Re: you ready for oil price [Re: freerange] #8591866 05/05/22 05:26 PM
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Originally Posted by freerange
Remind me, which week was it gonna hit 150????



Go check zerohedge for the latest prediction of kaboom

Re: you ready for oil price [Re: fadetoblack64] #8591868 05/05/22 05:31 PM
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Remember his $8 gallon gas thread?

Re: you ready for oil price [Re: fadetoblack64] #8591872 05/05/22 05:33 PM
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TLew Offline
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KA......oops

Re: you ready for oil price [Re: fadetoblack64] #8591874 05/05/22 05:36 PM
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Gas and diesel prices up again. Could just be a matter of time.


FJB - Lets Go Brandon
BBB - Bring Back Better
Awake - Not Woke!
Re: you ready for oil price [Re: fadetoblack64] #8591896 05/05/22 06:15 PM
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I got diesel the other day. $5.39/gallon. I don't know if that's worse or the $99 transaction limit the station had.

I went inside for no reason other than to complain about the limit. Then I left a Biden I-did-that sticker on the pump.


My botnet is bigger than yours.
Re: you ready for oil price [Re: fadetoblack64] #8591899 05/05/22 06:17 PM
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TLew Offline
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$4.49 for premium today. Not painless by any means, but it isn't $8 gas. I think $5 unleaded is about the limit of people's pain tolerance before they drastically change their routines, so I find $8 reg unleaded hard to fathom outside of a wartime ration

Re: you ready for oil price [Re: TLew] #8591910 05/05/22 06:33 PM
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fadetoblack64 Offline OP
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Chit.....now it's about to happen as Biden refills the strategic reserve.


185 a barrel

Re: you ready for oil price [Re: fadetoblack64] #8591923 05/05/22 06:59 PM
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fadetoblack64 Offline OP
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"Goldman Sachs rental fund buys entire community of 87 single family homes in Central Florida."

That is all Florida is going to become - rental homes.


Dow going to zero within 2 years.


Probably less.

Re: you ready for oil price [Re: fadetoblack64] #8591925 05/05/22 07:00 PM
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unclebubba Offline
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Originally Posted by fadetoblack64

Dow going to zero within 2 years.




roflmao

Re: you ready for oil price [Re: unclebubba] #8591927 05/05/22 07:02 PM
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fadetoblack64 Offline OP
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Originally Posted by unclebubba
Originally Posted by fadetoblack64

Dow going to zero within 2 years.




roflmao




Dont forget the....


Probably less

Re: you ready for oil price [Re: fadetoblack64] #8591932 05/05/22 07:12 PM
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Originally Posted by fadetoblack64
Originally Posted by unclebubba
Originally Posted by fadetoblack64

Dow going to zero within 2 years.




roflmao




Dont forget the....


Probably less

If you were to say that we are headed into a major recession, or even a depression...or even worse, a depression that will make "the Great Depression" pale in comparison, then you would probably have some argumentative points, and I might listen to what you have to say. But, Dow going to zero...LOL. I've got some tin foil I can sell you at a discounted rate.

Re: you ready for oil price [Re: unclebubba] #8591940 05/05/22 07:20 PM
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fadetoblack64 Offline OP
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Uncs. I just state what I think. Never looking for approval of my thoughts.


But the kab.... is in full process right now.

Re: you ready for oil price [Re: fadetoblack64] #8591943 05/05/22 07:21 PM
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fadetoblack64 Offline OP
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300 years ago the dow didn't exist.

The printer is about to kill us all. WW3 is expensive

Re: you ready for oil price [Re: fadetoblack64] #8591946 05/05/22 07:25 PM
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Lots of big $ guys predicting a recession in the very near future and a depression is likely after that. 2024 can't get here fast enough!


FJB - Lets Go Brandon
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Re: you ready for oil price [Re: Jimbo1] #8591947 05/05/22 07:28 PM
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fadetoblack64 Offline OP
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We are in a recession

Re: you ready for oil price [Re: fadetoblack64] #8591954 05/05/22 07:39 PM
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Originally Posted by fadetoblack64
We are in a recession

See! Now that's a valid point!!

Re: you ready for oil price [Re: unclebubba] #8591960 05/05/22 07:43 PM
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fadetoblack64 Offline OP
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Unca....if you and I have 10 more years on this rock....

There wont even be a Walmart left. rofl

Re: you ready for oil price [Re: fadetoblack64] #8591991 05/05/22 08:10 PM
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You don't really believe that



otherwise you would have changed your name again. Let's face it, the FTB handle is getting old, time for something more prophetic

Re: you ready for oil price [Re: TLew] #8591995 05/05/22 08:13 PM
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fadetoblack64 Offline OP
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Hmmmmm

Re: you ready for oil price [Re: fadetoblack64] #8592007 05/05/22 08:31 PM
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Originally Posted by fadetoblack64
We are in a recession

Not "officially."


FJB - Lets Go Brandon
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Re: you ready for oil price [Re: fadetoblack64] #8592009 05/05/22 08:32 PM
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I just wish someone could explain to me how it is we are paying $5.40/gal for diesel today with $108 crude but in 2008 when it peaked at $140 we never broke $4/gal???

Seems to me that oil companies had a hell of a lot more cost back in 2008 during the boom with infrastructure then they do today with refineries already in place as well as pipelines, hundreds of expensive drilling rigs, and other costs that they had back then they likely don't have now.

I'm not the sharpest knife in the drawer but seems to me maybe that is why they are all bragging on record profits one quarter after the other!

Thanks Joe!


High fence, low fence, no fence, it really doesn't matter as long as you're hunting!
Re: you ready for oil price [Re: ILUVBIGBUCKS] #8592022 05/05/22 08:44 PM
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fadetoblack64 Offline OP
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Oil tanker insurance is soon to be off the charts




Market is just beginning to price in ww3


Kabooooom.

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