Gas Prices Skyrocketing Thanks Biden!

[bbsam]

Buying for more than it was sold for. Good policy.

We sold it for less six months ago than we’re going to buy it for now? Weird. Around here fuel prices are dropping.

 

[bottomups]

Buying for more than it was sold for. Good policy.

Brain fart here. Buying it for less than what it was sold for.

Time to ski and clear the noggin.

 

[PT Car Washer]

Brain fart here. Buying it for less than what it was sold for.

Time to ski and clear the noggin.

That is called capitalism. Buy low and sell high. trump would just file for bankruptcy. Again.

 

[newolddude]

$2.29 yesterday.

Will the evil never end?

 

[Jiangshi]

 

[newfie]

Not the whole picture. The costs of getting started on a drilling operation are enormous anyway. These companies are gun-shy after the wild swings we've seen in the last 15 years.

would you invest if you thought the present administration may shut you down? the oil production is increasing and closing in on 2019 but theres got to be a better way then to send it overseas while we dry up our strategic oil reserves.

 

[newfie]

That is called capitalism. Buy low and sell high. trump would just file for bankruptcy. Again.

trump was the one that bought low that we're now selling high. Trump tried to buy even more at super low prices but of course the idiot dem leadership fought him.

 

[vantexan]

View attachment 411184

As most Americans who drive have been spending at least that much a month on gas under Biden's rule I think they've got plenty to grouse about.

 

[newfie]

Why? We’re buying at relatively low prices. That’s good.

relative low compared to what the extremes we saw last year? 75 a barrel is still pretty high

i love how guys try to spin this insanity

 

[newfie]

$2.29 yesterday.

Will the evil never end?

buck more outside of democrat nirvana

 

[bbsam]

trump was the one that bought low that we're now selling high. Trump tried to buy even more at super low prices but of course the idiot dem leadership fought him.

Ummmm. The reserves were full. There was nowhere to put it.

 

[newfie]

Ummmm. The reserves were full. There was nowhere to put it.

not true we actually had more 10 years earlier . It can hold 714 million barrels of oil . it hit that around 2010 and got close but still had room in 2019 . BB we have to stop excusing government incompetence just because its your guy.

 

[newolddude]

buck more outside of democrat nirvana

I'm in deep red country.

 

[bacha29]

You seem to have qualms about opening up Federal lands and offshore to oil exploration and drilling. Why? Huge amount of land out there in the West to be explored. And you won't address what was pointed out about those 9000 leases aren't so available after all. Why won't you? Doesn't fit the narrative?

Once again whether it's public land or private land if the potential yield does not appear to be large enough to support the costs of development the project simply never happens.

 

[vantexan]

Once again whether it's public land or private land if the potential yield does not appear to be large enough to support the costs of development the project simply never happens.

Never happened in the past? Why not reopen ANWR?

 

[Next Day Error]

Never happened in the past? Why not reopen ANWR?

Not worth the damage.

 

[vantexan]

Not worth the damage.

What damage? The oil companies have pretty much eliminated most of the impact on the environment.

 

[Jiangshi]

What damage? The oil companies have pretty much eliminated most of the impact on the environment.

 

[vantexan]

View attachment 411252

Is that ANWR? Do you make so much money that you don't care about high prices? People who make a lot less than you certainly do.

 

[Jiangshi]

Is that ANWR? Do you make so much money that you don't care about high prices? People who make a lot less than you certainly do.

I don’t think there is drilling in ANWR. I’m retired for over 20 years, and yes, I don’t care about gas prices.