This summers gas prices....

upload_2022-3-4_11-4-32.jpeg
 
JayhawkCurtis said:
I’m afraid it’s going to get worse before it gets better.
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I wanted to hit “like this post”

But I really don’t like this post because I think you are correct.

I think it is going to get a lot worse. Which means the prices of everything are going to go up. People are going to quit going out to eat, driving, spending money!
 
[QUOTE="my3sons, post: 1297888, member: 6656"
Where I boat the diesel at the dock is usually 80 cents more than the street. It most likely will be $5 by launch time. I’ve only ever paid that in the Bahamas, and Lake Erie isn’t paradise.[/QUOTE]

Well, I guess I underestimated that!
Diesel hit $4.47 on the street in Ft Myers area yesterday. 60 cents more than the day before.
 
my3sons said:
Well, I guess I underestimated that!
Diesel hit $4.47 on the street in Ft Myers area yesterday. 60 cents more than the day before.
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About the same here... up 20 cents Wednesday and another 40 cents today. I call that price gouging! No way they got new deliveries and had to pay more yet.
 
local station just updated. 4.18 for regular and 5.09 and 5.29 for diesel at the 2 closest places. a few days ago regular was 3.69
 
Some very positive steps that could be taken immediately to signal the market we’re serious about supply:

Approve Keystone XL
Renew drilling leases
Anything to restimulate domestic fracking
Relax CAFE stds

All of these things would have immediate effects on the price of crude as the market prices them in. The market thrives on certainty, and leadership in having a net energy surplus would do wonders. Even if it takes time to bring resources on line.
 
Ramblin' Guy said:
Some very positive steps that could be taken immediately to signal the market we’re serious about supply:

Approve Keystone XL
Renew drilling leases
Anything to restimulate domestic fracking
Relax CAFE stds

All of these things would have immediate effects on the price of crude as the market prices them in. The market thrives on certainty, and leadership in having a net energy surplus would do wonders. Even if it takes time to bring resources on line.
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Oh, that's just Russian disinformation. :)
 
The mistake I don’t want you guys to make is the thought that joe Biden, or anyone in his administration actually cares what the price of gas is.
 
Increased another 10 cents today. Two 10 cent increases in a day. $3.99.
 
I will never forget the day Desert Storm started. My roommate and I had spent all night up watching the bombs going off. I still have two VHS tapes of that night.

The next day I went down the street to my local Villager Pantry. They had raised the gas to five dollars a gallon. I don’t remember what the price was back then. I immediately called the corporate offices and told them that they were effing nuts. I’ve probably been in a Village Pantry once or twice in the last 30 years
 
Ramblin' Guy said:
Some very positive steps that could be taken immediately to signal the market we’re serious about supply:

Approve Keystone XL
Renew drilling leases
Anything to restimulate domestic fracking
Relax CAFE stds

All of these things would have immediate effects on the price of crude as the market prices them in. The market thrives on certainty, and leadership in having a net energy surplus would do wonders. Even if it takes time to bring resources on line.
Click to expand...
I agree sir, but the XL, leases, etc would have to have guarantee's in place so they are able to dedicate the cash to these projects. I wouldn't put my money into them without certainly knowing you would not be shut down again.
 
Putin will never give up until he has conquered all that he intends to conquer. If it means weapons of mass destruction, he'll do that too.

Biden' goal is to defeat the natural gas and oil industries and he'll never give up until he has that accomplished.

The Russian people have to live with what's intended. Our only recourse is at the voting booth. In the mean time, just bend over and buy more vaseline.
 
MrHappy said:
“.JP Morgan and Bank of America overnight predicted that oil will hit $185 per barrel.”
https://www.bloomberg.com/news/arti...85-oil-in-view-if-russian-supply-hit-persists
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I take that with a grain of salt. They are the boys who cry wolf. They were throwing that sh!t against the wall in 2008. Not that the $140 we had back then was pleasant but better than $185. I don't know what the price has to be for the domestic producers to throw caution to the wind and start producing all out, Biden be damned. But I suspect it is less than $140/barrel. I haven't seen anything recent but 2 years ago they were saying it costs $50ish/barrel to produce oil in the Dakotas and get it to a refinery. That's a lot of upside even if the cost to produce is 20% higher now. It's all about economics right?
 
JayhawkCurtis said:
The mistake I don’t want you guys to make is the thought that joe Biden, or anyone in his administration actually cares what the price of gas is.
Click to expand...
Oh he cares. The higher the better for him. Makes him look like a genius pushing 'renewable' energy
 
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