$5 & $7

[wdmso]

Originally Posted by Jim in CT

if the price of gas was always a function of a cost of producing the gas, profits would be the same. But it’s not that simple, and you know that. there’s no law that says the price of a gallon of gas is always 10 cents more than the cost.

It’s a commodity, it’s heavily influenced by supply and demand, it’s heavily influenced by speculation.

In the US, demand is highest in summer, and there are concerns about supply because of the war in ukraine, and because the party running washington is openly hostile to fossil fuel.

when you have high demand happening at the same time as supply concerns, guess what happens to the price?
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What a surprise Jim swooping in to defend big business

No kidding Jim demand leads to higher prices the war in Ukraine all true but doesn’t explain record profits

then you just can’t stop adding your right wing lie the party running washington is openly hostile to fossil fuel.!!

This administration has done nothing to reduce the oil pumped in America. Production is the same as when Trump was in office

It’s just another disingenuous reason why fuel prices are up.. but not surprising coming from you and Republicans . Who offer no ideas or solutions.. just cliches
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[Jim in CT]

Originally Posted by wdmso

What a surprise Jim swooping in to defend big business

No kidding Jim demand leads to higher prices the war in Ukraine all true but doesn’t explain record profits

then you just can’t stop adding your right wing lie the party running washington is openly hostile to fossil fuel.!!

This administration has done nothing to reduce the oil pumped in America. Production is the same as when Trump was in office

It’s just another disingenuous reason why fuel prices are up.. but not surprising coming from you and Republicans . Who offer no ideas or solutions.. just cliches
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it’s a lie to say that democrats are hostile to fossil fuels?? no it’s not a lie. and america knows it.

the left decided to oppose fossil
fuels and go all in on green energy. If it had worked well, heys be heroes. But it failed horribly. They own it.

oil production is not the same. it’s down a little from 2019. it was trending up and up, then biden, who had to make promises to the progressive wing to get the nomination, won the election.
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[Pete F.]

Originally Posted by Jim in CT

it’s a lie to say that democrats are hostile to fossil fuels?? no it’s not a lie. and america knows it.

the left decided to oppose fossil
fuels and go all in on green energy. If it had worked well, heys be heroes. But it failed horribly. They own it.

oil production is not the same. it’s down a little from 2019. it was trending up and up, then biden, who had to make promises to the progressive wing to get the nomination, won the election.
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That is disinformation, pure and simple.

Oil production was trending up, oil prices down until someone interfered and it was long before Biden's administration.

How soon we forget what reduced US oil production to it's lowest point since Obama.

Oil-producing nations on Sunday agreed to the largest production cut ever negotiated, in an unprecedented coordinated effort by Russia, Saudi Arabia and the United States to stabilize oil prices and, indirectly, global financial markets.

Saudi Arabia and Russia typically take the lead in setting global production goals. But President Trump, facing a re-election campaign, a plunging economy and American oil companies struggling with collapsing prices, took the unusual step of getting involved after the two countries entered a price war a month ago. Mr. Trump had made an agreement a key priority.

It was unclear, however, whether the cuts would be enough to bolster prices. Before the coronavirus crisis, 100 million barrels of oil each day fueled global commerce, but demand is down about 35 percent. While significant, the cuts agreed to on Sunday still fall far short of what is needed to bring oil production in line with demand.

The plan by OPEC, Russia and other allied producers in a group known as OPEC Plus will slash 9.7 million barrels a day in May and June, or close to 10 percent of the world’s output.

Unfortunately restarting oil wells is not just like turning a tap. US production is particularly hard to restart, as is Russia's.
The oil supply and demand will take a while to reach an equilibrium.
But that wouldn't fit your Party line.

[Jim in CT]

Originally Posted by wdmso

No kidding Jim demand leads to higher prices the war in Ukraine all true but doesn’t explain record profits


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sorry buddy, if you sell a product, and that product is experiencing a spike in demand and concerns i. supply, the price will go up, and so will your profits.

it’s pretty simple.
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[wdmso]

If we fully tapped into the natural resources we are blessed with

We would be Russia and oil and gas production and price would be controlled by the Government .

Get Real Jim big oil has no desire to help Americans pay even a little less at the pump… and they refuse to pump more oil it’s called greed
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[Raider Ronnie]

Originally Posted by wdmso

If we fully tapped into the natural resources we are blessed with

We would be Russia and oil and gas production and price would be controlled by the Government .

Get Real Jim big oil has no desire to help Americans pay even a little less at the pump… and they refuse to pump more oil it’s called greed
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You should do some more research.
Refining is the issue.
They are not building more refineries & shutting some down because this socialist government is hell bent on green energy which is a bunch of bull.
Nothing green about lithium or electric energy.
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[Jim in CT]

Originally Posted by wdmso

If we fully tapped into the natural resources we are blessed with

We would be Russia and oil and gas production and price would be controlled by the Government .

Get Real Jim big oil has no desire to help Americans pay even a little less at the pump… and they refuse to pump more oil it’s called greed
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why haven’t prices always been this high? have fun answering that.
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[wdmso]

Originally Posted by Jim in CT

why haven’t prices always been this high? have fun answering that.
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I know it’s Not because there’s a shortage of oil or gasoline. In the states . I know it’s not due to a shortage of gas and oil leases I also know demand has increased since the vaccine went on line . But it hasn’t increased more than pre covid ..

And I know in April 2020, benchmark West Texas Intermediate crude prices actually fell below $0

and I know No single person, aka POTUS or even government controls gas prices. And
Diesel is the biggest reason for overall inflation

And if I recall I said something to the effect that if Russia invaded oil will be at 150 a barrel and it’s heading that way
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[Pete F.]

Weird that Fox News wouldn't cover the J6 hearing considering their viewers are the stars of the show.

Weirder that for the past year, they've accused antifa, BLM, false flag, tourists, FBI etc - you would think they'd want to expose that.

But just in time for the J6 hearings, the “largest-ever migrant caravan” appears.
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[wdmso]

https://www.bbc.com/news/business-61188579

Oil prices have soared. Why won't Opec bring them down?


Read the whole article Bidens not mentioned as the cause ?

But this was "When Russia invaded Ukraine, the price of crude soared"

Opec+ also has to respect Russia's wishes, since it is one of the two biggest partners in the alliance.

"The Russians are happy with prices at this level," says Carole Nakhle, CEO of Crystol Energy. "They have nothing to gain in seeing them go lower.

Not because their making money but because its causing discord in the US and the West

[Got Stripers]

Jim doing whataboutism that's a shocker......NOT

The Facts
In the 2016 presidential election, Trump won 304 electoral votes to Hillary Clinton's 227. During the joint session on January 6, 2017, seven House Democrats tried to object to electoral votes from multiple states.

According to a C-SPAN recording of the joint session that took place four years ago, the following House Democrats made objections:

Jim McGovern (D-Mass.) objected to Alabama's votes.
Jamie Raskin (D-Md.) objected to Florida's votes.
Pramila Jayapal (D-Wash.) objected to Georgia's votes.
Raul Grijalva (D-Ariz.) objected to North Carolina's votes.
Sheila Jackson Lee (D-Texas) objected to the votes from North Carolina in addition to votes from South Carolina and Wisconsin. She also stood up and objected citing "massive voter suppression" after Mississippi's votes were announced.
Barbara Lee (D-Calif.) brought up allegations of Russian interference in the election and malfunctioning voting machines when she objected following the announcement of Michigan's votes.
Maxine Waters (D-Calif) rose and said, "I do not wish to debate. I wish to ask 'Is there one United States senator who will join me in this letter of objection?'" after the announcement of Wyoming's votes.
For an objection to be considered, it must be submitted in writing and signed by a member of both the House and Senate. Because no senators signed onto the objections made by House Democrats in 2017, then-Vice President Biden by law denied all of the objections, repeatedly saying "there is no debate."

[Jim in CT]

Originally Posted by Got Stripers

Jim doing whataboutism that's a shocker......NOT

The Facts
In the 2016 presidential election, Trump won 304 electoral votes to Hillary Clinton's 227. During the joint session on January 6, 2017, seven House Democrats tried to object to electoral votes from multiple states.

According to a C-SPAN recording of the joint session that took place four years ago, the following House Democrats made objections:

Jim McGovern (D-Mass.) objected to Alabama's votes.
Jamie Raskin (D-Md.) objected to Florida's votes.
Pramila Jayapal (D-Wash.) objected to Georgia's votes.
Raul Grijalva (D-Ariz.) objected to North Carolina's votes.
Sheila Jackson Lee (D-Texas) objected to the votes from North Carolina in addition to votes from South Carolina and Wisconsin. She also stood up and objected citing "massive voter suppression" after Mississippi's votes were announced.
Barbara Lee (D-Calif.) brought up allegations of Russian interference in the election and malfunctioning voting machines when she objected following the announcement of Michigan's votes.
Maxine Waters (D-Calif) rose and said, "I do not wish to debate. I wish to ask 'Is there one United States senator who will join me in this letter of objection?'" after the announcement of Wyoming's votes.
For an objection to be considered, it must be submitted in writing and signed by a member of both the House and Senate. Because no senators signed onto the objections made by House Democrats in 2017, then-Vice President Biden by law denied all of the objections, repeatedly saying "there is no debate."

I said ":a small number of Congressional democrats", and you basically provided support that I was right.

Every single time you guys get caught in naked hypocrisy, you try to dismiss it as "whataboutism".

Why was it OK what the democrats did, and not what happened on January 6?

Those congressional democrats you listed...did they, or did they not, try to un-do the results of an election they didn't happen to like?

you’ve all created a world where you can engage in as much hypocrisy as you can possibly cram into a day. And every time someone calls you out on it, you dismiss it as what about-ism.

That’s very very convenient for you all. And one reason why you’re about to get taken out to the woodshed in a few months.

[Got Stripers]

Jim can't your read, it wasn't put in writing, it went nowhere and NOBODY committed a felony. Let's see how that plays out for your red team, oh wait there already are convictions and it's only going to get worse.

[Jim in CT]

Originally Posted by Got Stripers;1it went n227670

Jim can't your read, it wasn't put in writing, owhere and NOBODY committed a felony. Let's see how that plays out for your red team, oh wait there already are convictions and it's only going to get worse.

"it wasn't put in writing"

So it's OK to act to overturn a free election, as long as you don't write anything down.

Can't argue with that...

"it went nowhere"

How far did the coup attempt on January 6th go? How close did they come? Did they get congress discussing it, like the democrats did it 2016? You're acting like Trump was just ready to get sworn in again, and at the last second Jack Bauer came on from a helicopter and put a stop to it with a kabar knife in his teeth.

"there already are convictions and it's only going to get worse"

I have no problem with convicting everyone who committed an actual crime. I apply that to the idiots on January 6th, , as well as BLM rioters, who got a pass for being FAR more violent than anything that happened on January 6th. Because as always, it's OK when liberals riot and burn. People couldn't go to church, but they could participate in BLM riots.

I can't wait to se how it plays out. Because no one will care come November if they're paying $6 a gallon for gas, and a used Toyota Corolla costs $30,000. and the stock market is down so parents can't afford tuition payments in the fall. If those things happen (likley), no one will give a darn about January 6th except radical, radical lefties who are deranged with TDS.

Come November, we'll see how many Americans care more January 6, we'll see whether you or I is the one way out of touch with regular Americans.

You guys, your obsession with Trump makes John Hinkley's feelings towards Jodie Foster look like a casual interest.

[Jim in CT]

here’s a sincere question to the democrats…you’d prefer if the GOP nominee in 2024 is Desantis to Trump? If I was a democrat, i’d rather Trump be the nominee. But i’m guessing you’d all rather that Desantis be the nominee.
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[Got Stripers]

I have no doubt November will be bad, it’s historically always payback time for either party. Biden probably will pay for #^&#^&#^&#^& he can’t control and yes to your question; love to see Trump get best twice.
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[Jim in CT]

Originally Posted by Got Stripers

I have no doubt November will be bad, it’s historically always payback time for either party. Biden probably will pay for #^&#^&#^&#^& he can’t control and yes to your question; love to see Trump get best twice.
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Biden and Trump contributed heavily to inflation. they printed trillions and trillions.

When you drastically increase the supply of something, there’s a serious risk of decreasing the value of that something. Even if that something is money.

the fact that the lefts reapinsento spring gas prices is to buy electric cars, suggests they want soaring gas prices to get the green energy revolution they want. The fact that sea rent anywhere near ready for everyone to drive electric cars, doesn’t factor into it for some reason.
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[Jim in CT]

Originally Posted by Got Stripers

I have no doubt November will be bad, it’s historically always payback time for either party. Biden probably will pay for #^&#^&#^&#^& he can’t control and yes to your question; love to see Trump get best twice.
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he also is responsible for appointing a treasury secretary who wouldn’t be able to get a job as a bank teller in the private sector.
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[The Dad Fisherman]

Originally Posted by Jim in CT

he also is responsible for appointing a treasury secretary who wouldn’t be able to get a job as a bank teller in the private sector.
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And a "Women" to Health Secretary who needs an annual prostate Exam

[Jim in CT]

Originally Posted by The Dad Fisherman

And a "Women" to Health Secretary who needs an annual prostate Exam

that was absurd.
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[spence]

Originally Posted by Jim in CT

that was absurd.
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Why Jim?

[Jim in CT]

the senator from michigan, the tone deaf witch, her solution for high gas prices is to not be poor and buy an electric vehicle.

It’s that simple.
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[Pete F.]

Originally Posted by Jim in CT

the senator from michigan, the tone deaf witch, her solution for high gas prices is to not be poor and buy an electric vehicle.

It’s that simple.
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Definitely not a misogynist, are you?

Did you miss the part of supply and demand where reduction in demand decreases prices?
The equation is not all or nothing.
Price-elasticity of demand for gasoline is real
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[Jim in CT]

Originally Posted by Pete F.

Definitely not a misogynist, are you?

Did you miss the part of supply and demand where reduction in demand decreases prices?
The equation is not all or nothing.
Price-elasticity of demand for gasoline is real
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problems with your “logic”.

most people can’t afford electric cars

if they could afford them, there aren’t enough available

If there were enough available, there aren’t enough charging stations

If there were enough charging stations, there’s nowhere near enough electricity. you in favor of building dozens of nuclear power plants? or are we all supposed to rub balloons on our heads 24 hours a day?

Other than that, you’ve got some sound logic there.

global demand for fossil fuels is decades away from decreasing. decades. Doesn’t mean we don’t keep trying, doesn’t mean we don’t keep investing. But it would be nice if the people running the country could put reality ahead of ideological
pipe dreams.

my homes roof is covered with solar panels. we’re facing south and have no trees near the house as tall as the roof, so we get a ton of direct sunlight. it still only generates a portion of what we use in a year, and that’s without having to power two vehicles ( soon to be 3 as junior turns 16).

We’re decades away from renewables making a big dent in demand. it does us zero good, and causes a ton of harm, to pretend otherwise.
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[Pete F.]

Originally Posted by Jim in CT

problems with your “logic”.

most people can’t afford electric cars

if they could afford them, there aren’t enough available

If there were enough available, there aren’t enough charging stations

If there were enough charging stations, there’s nowhere near enough electricity. you in favor of building dozens of nuclear power plants? or are we all supposed to rub balloons on our heads 24 hours a day?

Other than that, you’ve got some sound logic there.

global demand for fossil fuels is decades away from decreasing. decades. Doesn’t mean we don’t keep trying, doesn’t mean we don’t keep investing. But it would be nice if the people running the country could put reality ahead of ideological
pipe dreams.

my homes roof is covered with solar panels. we’re facing south and have no trees near the house as tall as the roof, so we get a ton of direct sunlight. it still only generates a portion of what we use in a year, and that’s without having to power two vehicles ( soon to be 3 as junior turns 16).

We’re decades away from renewables making a big dent in demand. it does us zero good, and causes a ton of harm, to pretend otherwise.
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Sure, nothing will ever replace burning wood, coal, coal gas, kerosene lamps, iceboxes, landlines, adding machines, typewriters, film, phone booths, iPods, blackberries, alarm clocks and fax machines
Never happen
Wonder where Kodak and Sears went?
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[Jim in CT]

Originally Posted by Pete F.

Sure, nothing will ever replace burning wood, coal, coal gas, kerosene lamps, iceboxes, landlines, adding machines, typewriters, film, phone booths, iPods, blackberries, alarm clocks and fax machines
Never happen
Wonder where Kodak and Sears went?
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i didn’t come close to saying change isn’t coming. i said it’s decades away.

I completely bitchslapped you, so you responded to something i never came close to saying.

the old isn’t replaced with the new, until the new is practical and ready to replace the old. Wind/solar aren’t even close to being ready. It’s not close.

I don’t say that because i like saying it. I say it, because it’s obviously true.

there’s a reason why the price of Exxon Mobil and Chevron are soaring right now. Because people
who are objective about such things, know the demand for fossil
fuels isn’t going away soon.

Every incentive inagineable exists to replace fossil fuels with renewables. Whoever gets there first will be worth hundreds of billions of dollars.

We can’t do it yet, not for awhile.
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[Pete F.]

Originally Posted by Jim in CT

problems with your “logic”.

most people can’t afford electric cars

if they could afford them, there aren’t enough available

If there were enough available, there aren’t enough charging stations

If there were enough charging stations, there’s nowhere near enough electricity. you in favor of building dozens of nuclear power plants? or are we all supposed to rub balloons on our heads 24 hours a day?

Other than that, you’ve got some sound logic there.

global demand for fossil fuels is decades away from decreasing. decades. Doesn’t mean we don’t keep trying, doesn’t mean we don’t keep investing. But it would be nice if the people running the country could put reality ahead of ideological
pipe dreams.

my homes roof is covered with solar panels. we’re facing south and have no trees near the house as tall as the roof, so we get a ton of direct sunlight. it still only generates a portion of what we use in a year, and that’s without having to power two vehicles ( soon to be 3 as junior turns 16).

We’re decades away from renewables making a big dent in demand. it does us zero good, and causes a ton of harm, to pretend otherwise.
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Electric vehicles increase 100% year to year and just a few years ago nobody would believe that every home would have a computer, yet look at what you hold in your hand, that’s even pretty capable of translating speech to text.

I think we have a better chance of Kurzweil’s law of accelerating returns being true than your Luddite view of the world we live in.
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[wdmso]

Because people
who are objective about such things, know the demand for fossil
fuels isn’t going away soon.

The only people suggesting oil is going away are conservatives and the the GOP. To rally their mindless followers
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[Jim in CT]

Originally Posted by wdmso

Because people
who are objective about such things, know the demand for fossil
fuels isn’t going away soon.

The only people suggesting oil is going away are conservatives and the the GOP. To rally their mindless followers
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democrats are saying the response to high gas prices, is to buy an electric car. In a few months, we get to tell Pudding Brain what we think of that

Biden is saying no need to worry, because “core inflation” is stabilizing. Core inflation. excludes food and energy. So as long as you don’t eat or drive, all is swell.

I cannot wait until november. I already took a vacation day, the day after the election, so i can stay up all night drinking and watching msnbc and cnn.
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[Pete F.]

Originally Posted by Jim in CT

democrats are saying the response to high gas prices, is to buy an electric car. In a few months, we get to tell Pudding Brain what we think of that

Biden is saying no need to worry, because “core inflation” is stabilizing. Core inflation. excludes food and energy. So as long as you don’t eat or drive, all is swell.

I cannot wait until november. I already took a vacation day, the day after the election, so i can stay up all night drinking and watching msnbc and cnn.
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You can start watching now, but you really need to quit drinking

An important stat, in total viewership:

Hillary at Benghazi hearing: 4M viewers

Night one of 1/6 hearing: 20M viewers

It’ll get better
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