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  1. #31
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    Originally Posted by frankdtank20 View Post
    ^This. We're using half a million barrels less per day of gasoline than this same time last year in the US. China's giving no indication of letting up on their lockdowns. Europe is energy cucked.
    Oil demand should be going up tho. I think the global average is 1-2% per year. Its rare to see energy demand decline
    (these are my opinions i am not a licensed broker by trade)
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  2. #32
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    Isn't Biden still releasing oil from our strategic reserves to artificially lower the price, or has that stopped?
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  3. #33
    Registered User turk75's Avatar
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  4. #34
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    Originally Posted by yabbayabba View Post
    The funny thing about free markets is when demand goes down the price goes down. The real question is why is demand going down at the start of what is usually a busy travel season.
    Almost like we could be in a recession
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  5. #35
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    Originally Posted by yabbayabba View Post
    The funny thing about free markets is when demand goes down the price goes down. The real question is why is demand going down at the start of what is usually a busy travel season.
    It's because a lot of countries were buying extra for the winter and now have enough to last most of the winter if not all of it so demand has dropped. This price drop was anticipated, but it's also expected that prices will rise in the spring and summer next year when once again countries start buying up extra for next years winter.
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  6. #36
    Navy-Marine Corps Team nutsy54's Avatar
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    Originally Posted by LeftistGent View Post
    https://thehill.com/policy/energy-en...-by-christmas/

    They told me I would get tired of winning with Biden, but I don't think I'm tired yet. Probably because we're actually winning. LMAO
    So, gas prices UP from $2.40 to $3.41 since Biden took office (a 42% INCREASE) is described as "plummeting" in your deranged world?



    https://www.gasbuddy.com/charts
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  7. #37
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    Originally Posted by LeftistGent View Post
    sub $3 by Christmas EXPECTED
    It was $2 before he was elected.

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  8. #38
    Navy-Marine Corps Team nutsy54's Avatar
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    So now Putin, and anyone else who isn't Biden, is actually lowering gas prices?

    Originally Posted by LeftistGent View Post
    3-13-2022
    Biden is 100% right that the recent hike is due to Putin. Yes prices were going up prior, but nothing like this, and not even necessarily due to Biden.
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  9. #39
    Registered User ParsleyTea's Avatar
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    Well gas prices are declining because Biden is draining our emergency oil storage facility and the economy is doing poorly. The worse the economy, here and abroad, the lower oil prices go typically.

    I imagine though most people don't know that, or maybe even care about that. They will like seeing the lower gas prices.

    An article I read this morning ~

    The Truth About Those 9,000 Oil Permits
    The Biden administration routinely blames oil companies for unused permits, but it’s complicated.

    https://patriotpost.us/articles/9322...its-2022-12-01
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  10. #40
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    Can’t blame Biden for anything. He’s just a potato the crazy democrats put into place. He’ll say or sign anything they place in front of him for ice cream.
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  11. #41
    Registered Troll, PhD ImpressiveGainz's Avatar
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    Originally Posted by Kilted100 View Post
    Can’t blame Biden for anything. He’s just a potato the crazy democrats put into place. He’ll say or sign anything they place in front of him for ice cream.
    But does he get two scoops? That's the important question here.
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  12. #42
    N3rd Op3rator twovalvekid's Avatar
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    Sooo....back down from ATH's to levels still higher than previous.

    Ok...well i mean i guess you need to celebrate little victories.
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  13. #43
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    Originally Posted by twovalvekid View Post
    Sooo....back down from ATH's to levels still higher than previous.

    Ok...well i mean i guess you need to celebrate little victories.
    Are you seriously trying to compare Biden's booming economy gas prices to Trump's trashed economy gas prices?

    Do you conservatives even supply and demand?

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  14. #44
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  15. #45
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    I'm wondering now how these prices are tabulated. Around Thanksgiving a few of the big chain gas stations had flex fuel (the kind that gums up engines) on sale for $1.88/gallon. The data posted here might be believable if they are considering the average price of regular unleaded plus flex fuel.
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  16. #46
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    So still up double from Trump, that's great
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  17. #47
    Texas Crew Kraken's Avatar
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    So Russia caused prices to go up, but Biden has somehow fixed those Russian causes and is lowering the prices. This makes perfect sense.

    Never before has the Fed controlled fuel and energy on this scale. They are manipulating the prices of gas through the sale of oil and gas to other countries, and the release of reserves. That’s how fascism works. The state uses deception to gaslight the people
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  18. #48
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    Lol but I thought POTUS doesn't control gas prices or is this (D)ifferent
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  19. #49
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    Weird how there was so much queefing about gas prices being Biden's fault and now there's queefing when they go down.

    You conservatives are a super odd bunch. Better go back to focusing on the next cultural war nonsense you people are so concerned about.
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  20. #50
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    Gas prices were way under $3 for every month of Trumps presidency you idiot
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  21. #51
    N3rd Op3rator twovalvekid's Avatar
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    Would be really fun to do an IP tracker on the alt's.
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  22. #52
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    Remember when dumb motherfukers like op told us that low gas prices under trump were only low because demand was lower.

    Now we head into a yearly cycle of decline in demand causing prices to lower and op starts sucking China joes dink

    Libs are the most dishonest people on the planet.
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  23. #53
    Threatening Democracy gachase21's Avatar
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    Originally Posted by twovalvekid View Post
    Would be really fun to do an IP tracker on the alt's.

    This one kinda smells like Jim
    #34
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  24. #54
    Md, Misc, Old-Brah SillieBazzillie's Avatar
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    Originally Posted by ~Hades~ View Post
    Remember when dumb motherfukers like op told us that low gas prices under trump were only low because demand was lower.

    Now we head into a yearly cycle of decline in demand causing prices to lower and op starts sucking China joes dink

    Libs are the most dishonest people on the planet.
    LMFAO

    You so stupid you think gas prices weren't low under the orange menace due to him crushing demand? Do you think a negative price for a barrel of oil reflects high demand?

    SMH
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  25. #55
    Jacques Rhott Bushmaster's Avatar
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    Originally Posted by SillieBazzillie View Post
    LMFAO

    You so stupid you think gas prices weren't low under the orange menace due to him crushing demand? Do you think a negative price for a barrel of oil reflects high demand?

    SMH
    Pre-covid, 2019 shiitbag.

    U.S. regular retail gasoline prices averaged $2.60 per gallon (gal) in 2019, 11 cents/gal (4%) lower than in 2018.
    https://www.eia.gov/todayinenergy/detail.php?id=42435#
    "Do you think SHE actually felt like that was a sexual thing he was doing? She's like 6. Only an actual p3do would think that she thought he was groping her, too."

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    Md, Misc, Old-Brah SillieBazzillie's Avatar
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    Originally Posted by Bushmaster View Post
    Pre-covid, 2019 shiitbag.

    U.S. regular retail gasoline prices averaged $2.60 per gallon (gal) in 2019, 11 cents/gal (4%) lower than in 2018.
    https://www.eia.gov/todayinenergy/detail.php?id=42435#
    Stupid phuking moron. Is the world just like it was pre-covid you small brained twit? Your masters buddy invade any countries? Supply chains get phuked up due to Trump's horrible handling of covid?

    It's like I'm talking to children here...SMH
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  27. #57
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    Originally Posted by Bushmaster View Post
    Pre-covid, 2019 shiitbag.

    U.S. regular retail gasoline prices averaged $2.60 per gallon (gal) in 2019, 11 cents/gal (4%) lower than in 2018.
    https://www.eia.gov/todayinenergy/detail.php?id=42435#
    Just ignore the children. Dont give them the attention they crave. Theyre obviously getting more and more unhinged and unstable.
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    Originally Posted by nutsy54 View Post
    So now Putin, and anyone else who isn't Biden, is actually lowering gas prices?
    OP pls respond
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    Originally Posted by SillieBazzillie View Post
    Weird how there was so much queefing about gas prices being Biden's fault and now there's queefing when they go down.

    You conservatives are a super odd bunch. Better go back to focusing on the next cultural war nonsense you people are so concerned about.
    The reality is gas prices are going down now because of the Fed.

    This is classic demand destruction. You were right with your other post about supply and demand.
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    Originally Posted by twovalvekid View Post
    Just ignore the children. Dont give them the attention they crave. Theyre obviously getting more and more unhinged and unstable.
    So you think the world economic environment is the same now as it was in 19?

    Don't answer, just STFU cultist.
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