National Average Price of Gasoline Hits an All-Time High

[AshG]

.

That sound accurate? I told him the contract is probably going to have to be renewed at some point. If accurate, even "big dogs" have the boogie man inflation that we have not even seen yet.

Speculators help set the prices those companies pay, and ultimately help raise the prices for the rest of us.

https://consumerwatchdog.org/blog/f...eculators-oil-companies-blame-not-middle-east

 

[Orangeburst]

Speculators help set the prices those companies pay, and ultimately help raise the prices for the rest of us.

https://consumerwatchdog.org/blog/f...eculators-oil-companies-blame-not-middle-east

Well speculators sure seem bearish for a reason. Their prognostications dont happen in a vacuum

 

[85SugarVol]

People will bet on anything

 

[allvol123]

Speculators help set the prices those companies pay, and ultimately help raise the prices for the rest of us.

https://consumerwatchdog.org/blog/f...eculators-oil-companies-blame-not-middle-east

Gee….it’s as if they are speculating this admin is completely against fossil fuels and will make it as difficult as possible to gain access to these fuels. Boy they sure got that wrong.

 

[Orangeburst]

People will bet on anything

Whatta mean? Nothing more than a consensus of speculators that watch events and play their money

 

[AshG]

Gee….it’s as if they are speculating this admin is completely against fossil fuels and will make it as difficult as possible to gain access to these fuels. Boy they sure got that wrong.

Your BDS is flaring up.

Is he fit to be president? Oh heck no. But he's also not forcing oil companies to rake in record profits and participate in massive stock buybacks to inflate their worth and keep shareholders happy.

 

[Franklin Pierce]

Utility bills are going Higher this summer and winter, and gasoline prices will hit $6.00 per gallon in the South.

 

[Orangeburst]

Your BDS is flaring up.

Is he fit to be president? Oh heck no. But he's also not forcing oil companies to rake in record profits and participate in massive stock buybacks to inflate their worth and keep shareholders happy.

What did the evil oil companies not do this decades ago? Produce little and massive profits.

 

[allvol123]

Your BDS is flaring up.

Is he fit to be president? Oh heck no. But he's also not forcing oil companies to rake in record profits and participate in massive stock buybacks to inflate their worth and keep shareholders happy.

It appears it is your BDS.

Companies should optimize profits. Their shareholders appreciate that. People like retirees. Current employees around the nation investing in their 401s do also.

He is making it more difficult for them to choose to access said fuels.

 

[AshG]

What did the evil oil companies not do this decades ago? Produce little and massive profits.

This is a response to the pandemic, when gas prices were lower than normal and refineries idled because of lack of consumption.

 

[allvol123]

Utility bills are going Higher this summer and winter, and gasoline prices will hit $6.00 per gallon in the South.

Surely abortion will save the mid terms, lol.

 

[Orangeburst]

Surely abortion will save the mid terms, lol.

They will make a great food source

 

[85SugarVol]

But he's also not forcing oil companies to rake in record profits and participate in massive stock buybacks to inflate their worth and keep shareholders happy.

He’s not?

What kind of impact did this broadside have on Big Oil’s short term objectives and plans?

"Number one, no more subsidies for fossil fuel industry. No more drilling on federal lands. No more drilling, including offshore. No ability for the oil industry to continue to drill, period, ends, number one."

 

[McDad]

Just drove to 3 different gas stations in Memphis (midtown).
All 3 different gas stations were out of gas.

Uh oh

 

[85SugarVol]

Uh oh

I was not amused.

Neither were the others jockeying for position at the Shell station that had an open pump.

 

[Matt2496]

There are some hard times ahead.

 

[GroverCleveland]

Your BDS is flaring up.

Is he fit to be president? Oh heck no. But he's also not forcing oil companies to rake in record profits and participate in massive stock buybacks to inflate their worth and keep shareholders happy.

Hey. I am a shareholder. And while the price of gas sucks, the reason it does is purely Democrat policies that are anti-fossil fuel. Instead reinvesting money into production, they're taking the cash and maximizing shareholder value. What the hell else are they supposed to do?

 

[VolStrom]

Uh oh

It's okay, Putin did it.

 

[K-town Vol Fan]

Hey. I am a shareholder. And while the price of gas sucks, the reason it does is purely Democrat policies that are anti-fossil fuel. Instead reinvesting money into production, they're taking the cash and maximizing shareholder value. What the hell else are they supposed to do?

Wrong

 

[GroverCleveland]

Wrong

Do tell.

 

[K-town Vol Fan]

Do tell.

Its a combination of things. It isn't "purely" 1 thing.

 

[GroverCleveland]

Its a combination of things. It isn't "purely" 1 thing.

Oh, well pardon me.

There are a number reasons gas prices are high. The biggest one is stupid Democratic policies kowtowing to the climate change cultists, who are in the running for the dumbest bunch of humans on the planet.

That better?

 

[85SugarVol]

Its a combination of things. It isn't "purely" 1 thing.

You’re right. It’s essentially 2 things:

1. Big Oil is maximizing profits to build a war chest.
2. Big Oil is doing absolutely nothing to assist in their destruction.

 

[K-town Vol Fan]

Oh, well pardon me.

There are a number reasons gas prices are high. The biggest one is stupid Democratic policies kowtowing to the climate change cultists, who are in the running for the dumbest bunch of humans on the planet.

That better?

Better, but still debatable.

 

[85SugarVol]

Utility bills are going Higher this summer and winter, and gasoline prices will hit $6.00 per gallon in the South.

There are reports of gas station in Washington reprogramming it’s digital price boards to accommodate a ‘10’ prior to the decimal point.