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Re: you ready for oil price
[Re: Chubbyfarts]
#8583009
04/21/22 11:46 PM
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Joined: Mar 2021
Posts: 152
Donpilot
Woodsman
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Woodsman
Joined: Mar 2021
Posts: 152 |
I personally don't think Biden controls the price of oil . Closing leases, stopping pipelines certainly has an effect.
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Re: you ready for oil price
[Re: Mickey Moose]
#8583031
04/22/22 12:17 AM
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Joined: Nov 2011
Posts: 9,930
unclebubba
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2011
Posts: 9,930 |
I personally don't think Biden controls the price of oil . Well of course he doesn't. But he certainly impacts it. 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.
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Re: you ready for oil price
[Re: fadetoblack64]
#8591862
05/05/22 05:23 PM
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Joined: Apr 2013
Posts: 8,462
freerange
THF Trophy Hunter
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THF Trophy Hunter
Joined: Apr 2013
Posts: 8,462 |
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
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Re: you ready for oil price
[Re: freerange]
#8591866
05/05/22 05:26 PM
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Joined: Oct 2006
Posts: 18,555
ducknbass
THF Celebrity
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THF Celebrity
Joined: Oct 2006
Posts: 18,555 |
Remind me, which week was it gonna hit 150???? Go check zerohedge for the latest prediction of kaboom
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Re: you ready for oil price
[Re: fadetoblack64]
#8591868
05/05/22 05:31 PM
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Joined: Dec 2006
Posts: 20,758
cbump
THF Celebrity
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THF Celebrity
Joined: Dec 2006
Posts: 20,758 |
Remember his $8 gallon gas thread?
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Re: you ready for oil price
[Re: fadetoblack64]
#8591872
05/05/22 05:33 PM
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Joined: Jan 2013
Posts: 3,429
TLew
Veteran Tracker
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Veteran Tracker
Joined: Jan 2013
Posts: 3,429 |
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Re: you ready for oil price
[Re: fadetoblack64]
#8591874
05/05/22 05:36 PM
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Joined: Sep 2012
Posts: 15,975
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 15,975 |
Gas and diesel prices up again. Could just be a matter of time.
FJB - Lets Go Brandon BBB - Bring Back Better Awake - Not Woke!
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Re: you ready for oil price
[Re: fadetoblack64]
#8591896
05/05/22 06:15 PM
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Joined: Feb 2012
Posts: 9,730
Mickey Moose
THF Trophy Hunter
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THF Trophy Hunter
Joined: Feb 2012
Posts: 9,730 |
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.
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Re: you ready for oil price
[Re: fadetoblack64]
#8591899
05/05/22 06:17 PM
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Joined: Jan 2013
Posts: 3,429
TLew
Veteran Tracker
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Veteran Tracker
Joined: Jan 2013
Posts: 3,429 |
$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
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Re: you ready for oil price
[Re: TLew]
#8591910
05/05/22 06:33 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
OP
giddyup
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OP
giddyup
Joined: Jan 2010
Posts: 22,997 |
Chit.....now it's about to happen as Biden refills the strategic reserve.
185 a barrel
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Re: you ready for oil price
[Re: fadetoblack64]
#8591923
05/05/22 06:59 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
OP
giddyup
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OP
giddyup
Joined: Jan 2010
Posts: 22,997 |
"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.
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Re: you ready for oil price
[Re: fadetoblack64]
#8591925
05/05/22 07:00 PM
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Joined: Nov 2011
Posts: 9,930
unclebubba
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2011
Posts: 9,930 |
Dow going to zero within 2 years.
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Re: you ready for oil price
[Re: unclebubba]
#8591927
05/05/22 07:02 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
OP
giddyup
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OP
giddyup
Joined: Jan 2010
Posts: 22,997 |
Dow going to zero within 2 years.
Dont forget the.... Probably less
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Re: you ready for oil price
[Re: fadetoblack64]
#8591932
05/05/22 07:12 PM
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Joined: Nov 2011
Posts: 9,930
unclebubba
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2011
Posts: 9,930 |
Dow going to zero within 2 years.
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.
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Re: you ready for oil price
[Re: unclebubba]
#8591940
05/05/22 07:20 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
OP
giddyup
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OP
giddyup
Joined: Jan 2010
Posts: 22,997 |
Uncs. I just state what I think. Never looking for approval of my thoughts.
But the kab.... is in full process right now.
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Re: you ready for oil price
[Re: fadetoblack64]
#8591943
05/05/22 07:21 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
OP
giddyup
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OP
giddyup
Joined: Jan 2010
Posts: 22,997 |
300 years ago the dow didn't exist.
The printer is about to kill us all. WW3 is expensive
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Re: you ready for oil price
[Re: fadetoblack64]
#8591946
05/05/22 07:25 PM
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Joined: Sep 2012
Posts: 15,975
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 15,975 |
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 BBB - Bring Back Better Awake - Not Woke!
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Re: you ready for oil price
[Re: Jimbo1]
#8591947
05/05/22 07:28 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
OP
giddyup
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OP
giddyup
Joined: Jan 2010
Posts: 22,997 |
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Re: you ready for oil price
[Re: fadetoblack64]
#8591954
05/05/22 07:39 PM
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Joined: Nov 2011
Posts: 9,930
unclebubba
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2011
Posts: 9,930 |
See! Now that's a valid point!!
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Re: you ready for oil price
[Re: unclebubba]
#8591960
05/05/22 07:43 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
OP
giddyup
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OP
giddyup
Joined: Jan 2010
Posts: 22,997 |
Unca....if you and I have 10 more years on this rock.... There wont even be a Walmart left.
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Re: you ready for oil price
[Re: fadetoblack64]
#8591991
05/05/22 08:10 PM
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Joined: Jan 2013
Posts: 3,429
TLew
Veteran Tracker
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Veteran Tracker
Joined: Jan 2013
Posts: 3,429 |
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
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Re: you ready for oil price
[Re: TLew]
#8591995
05/05/22 08:13 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
OP
giddyup
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OP
giddyup
Joined: Jan 2010
Posts: 22,997 |
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Re: you ready for oil price
[Re: fadetoblack64]
#8592007
05/05/22 08:31 PM
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Joined: Sep 2012
Posts: 15,975
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 15,975 |
FJB - Lets Go Brandon BBB - Bring Back Better Awake - Not Woke!
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Re: you ready for oil price
[Re: fadetoblack64]
#8592009
05/05/22 08:32 PM
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Joined: May 2006
Posts: 9,794
ILUVBIGBUCKS
THF Trophy Hunter
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THF Trophy Hunter
Joined: May 2006
Posts: 9,794 |
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!
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Re: you ready for oil price
[Re: ILUVBIGBUCKS]
#8592022
05/05/22 08:44 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
OP
giddyup
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OP
giddyup
Joined: Jan 2010
Posts: 22,997 |
Oil tanker insurance is soon to be off the charts
Market is just beginning to price in ww3
Kabooooom.
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