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Thread: Gas prices surge as price of crude oil reaches highest level since 2014

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    Trump needs to put an end to OPEC. We need gas back at a buck a gallon!

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    Quote Originally Posted by Sailor View Post
    Can you imagine how much more pain it would be if there were no tax cuts? No worries there Ken though, your public assistance checks will always make it no matter what it costs everyone else.
    I thought people were spending their tax cuts on Costco memberships, now it’s gas increases?

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    Quote Originally Posted by kudzu View Post
    How does OPEC keep their prices "artificially high"? Last time I looked the OPEC price basket was $70.96.. or just a little cheaper than Brent of Texas sweet.
    Look at their production. This is how they manipulate prices. In January, they slowed production to prop up the $50 a bbl price. We're seeing the effect of that now. Can you imagine the glut if we weren't exporting now? And if Texas sweet is $72 and OPEC's is $70, and you're buying millions of barrels of oil, where are you going to buy? Our domestic producers do the same, after a fashion. Remember the oil boom in the Dakotas a few years back? They approach a glut, they start shutting down the wells. Economics.
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    Quote Originally Posted by snickles121 View Post
    Trump needs to put an end to OPEC. We need gas back at a buck a gallon!
    LOLOL.. Trump is so ignorant, he probably would agree with you..

    Remember 1986 when papa Bush begged OPEC to raise the ppb because domestic oil producers were going broke and laying off oil workers?

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    Quote Originally Posted by callinectes View Post
    Look at their production. This is how they manipulate prices. In January, they slowed production to prop up the $50 a bbl price. We're seeing the effect of that now. Can you imagine the glut if we weren't exporting now? And if Texas sweet is $72 and OPEC's is $70, and you're buying millions of barrels of oil, where are you going to buy? Our domestic producers do the same, after a fashion. Remember the oil boom in the Dakotas a few years back? They approach a glut, they start shutting down the wells. Economics.

    Of course, if the price per barrel goes too low it puts producers out of business.

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    Quote Originally Posted by Micawber View Post
    Maybe people will use less.
    And do what? Stay home? Not go to work? Not go to the gun store or range? Not take our kids to their academic meets or sporting events? Not...well, you get it. Not sure how most people can purposely use significantly less gas.

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    I remember when the Republicans were blaming Obama for a short spike in gas prices!!

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    evince (04-21-2018), kudzu (04-21-2018)

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    Quote Originally Posted by Phantasmal View Post
    I thought people were spending their tax cuts on Costco memberships, now it’s gas increases?
    My tax cut was huge, My law firm is a “pass through” corporation, but I can’t imaging that the average Trump voter’s $17 can pay for a full Costco membership...

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    Quote Originally Posted by hvilleherb View Post
    He should take credit for making things better. He built the Keystone Pipeline to bring more oil to the American consumer.
    Than why is the price so high,nitwit

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    Quote Originally Posted by Yaya View Post
    How come when gas skyrocketed under Obama liberals did not complain. They only complain when it happens under a republican president.

    If it wasn't for double standards, liberals wouldn't have any.
    But Obama,the standard answer from toxic light.

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    Quote Originally Posted by Mason View Post
    Than why is the price so high,nitwit
    Keystone hasn't been built yet... Meanwhile there have been 4 massive pipeline spills since last November.

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    I find it amazing that every day gas is a different price,but no matter where you go to buy it,which company station,it's always the same price at all stations.
    But the oil companies claim not to be in collusion?

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    Quote Originally Posted by Sailor View Post
    Can you imagine how much more pain it would be if there were no tax cuts? No worries there Ken though, your public assistance checks will always make it no matter what it costs everyone else.
    yeah the poor 1%ers would be putting less into their accounts

    You know the ones their great great grand children will spend

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    Quote Originally Posted by Kacper View Post
    Higher American demand and lower foreign supply. Trump should slap a tariff on it unless they pay us to take their old Muslim Allahsaurus dinosaur waste off their hands. The G in MAGA stands for gas damn it!!!!
    Russia doesnt exist without its gas industry


    its why Donny the bone spur has to protect Putin

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    Quote Originally Posted by evince View Post
    Russia doesnt exist without its gas industry


    its why Donny the bone spur has to protect Putin
    And we wouldn't exist except for constantly stirring up crap to sell weapons to our pawns, I mean allies. It is very profitable to have an enemy in a capitalist system, even for the Russians.

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