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Gas Prices Skyrocketing Thanks Biden!
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<blockquote data-quote="bacha29" data-source="post: 5471983" data-attributes="member: 58386"><p>You're using the same data source I have been using for a long time. Trouble is you're only using those parts that support your narrative. That same source states that 2019 was the high water mark in US domestic production. Trouble is it was followed by the worst crash in oil prices ever hitting NEGATIVE 35 bucks a barrel With consumption at a standstill and with storage capacity maxed out drillers had to literally give refiners that barrel of oil and 35 bucks just to get the refiner to take it off their hands.</p><p></p><p>In the aftermath drillers have made it clear that they will never again allow themselves to be caught in such an oversupplied market condition again. It's now up to you, me and everyone else to adapt to this new energy market dynamic.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5471983, member: 58386"] You're using the same data source I have been using for a long time. Trouble is you're only using those parts that support your narrative. That same source states that 2019 was the high water mark in US domestic production. Trouble is it was followed by the worst crash in oil prices ever hitting NEGATIVE 35 bucks a barrel With consumption at a standstill and with storage capacity maxed out drillers had to literally give refiners that barrel of oil and 35 bucks just to get the refiner to take it off their hands. In the aftermath drillers have made it clear that they will never again allow themselves to be caught in such an oversupplied market condition again. It's now up to you, me and everyone else to adapt to this new energy market dynamic. [/QUOTE]
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