Gas prices

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  • Trapper Jim

    Master
    Site Supporter
    Rating - 100%
    22   0   0
    Dec 18, 2012
    2,692
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    Arcadia
    Been through this before. Even worse with rationing back in the 70’s. Politics are at play here, but not what one would think. Oil Barrons as private companies that make billions off of handling imported oil cry and whine not for the country, but for their big fat profits. If that’s not bad enough, they want pipelines and other unforgiving help to continue lining their pockets even more. Again a false economy based on subsidized fuel prices means now, we have to pay the real price. They are private companies, let them figure it out if they want to stay in business.
     

    rob63

    Master
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    20   0   0
    May 9, 2013
    4,282
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    My nephew is a left-wing Democrat, so I am always treated to their nonsense on social media. The latest is that the rise in gas prices is all due to price-gouging by the evil oil companies, Biden is doing a great job!
     

    Ingomike

    Top Hand
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    6   0   0
    May 26, 2018
    28,976
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    North Central
    My nephew is a left-wing Democrat, so I am always treated to their nonsense on social media. The latest is that the rise in gas prices is all due to price-gouging by the evil oil companies, Biden is doing a great job!
    So by that logic bidet is incapable of control of those evil oil companies and Trump was since they did not pull this when he was President…. Hmmm
     

    ghuns

    Grandmaster
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    2   0   0
    Nov 22, 2011
    9,349
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    My nephew is a left-wing Democrat, so I am always treated to their nonsense on social media. The latest is that the rise in gas prices is all due to price-gouging by the evil oil companies, Biden is doing a great job!
    I'll go out on a limb here and say, he's not entirely wrong. Oil companies have plenty to do with it.

    Oil companies have been raking in record profits as the price we pay at the pump goes up and up. They could choose to lower their margin a bit and help out the masses, but they won't. Their primary responsibility is to their shareholders and their shareholders demand maximized profit. 2020 was a rough year for big oil. They aren't about to cut us a break.
     

    Mongo59

    Master
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    12   0   0
    Jul 30, 2018
    4,484
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    Purgatory
    If all else fails, Venezuela can be our friend! Venezuela has always been our friend.
    I sure hope you just forgot to use purple. The regime in power in Venezuela has never been a friend of the US. Their oil producing machinery is in shambles. Everything that can be stolen has been. It would take years and billions of dollars to get it up and running again.

    Mean while, down in Texas, they are putting out less than half of their potential due to regulations. With the wave of a pen all the lost oil from Russia could be replaced by American oil and half again as much. The people in Alaska are begging the .gov to allow them to increase production but were turned down.

    It kind of makes you wonder what the whole goal of the Biden administration is, doesn't it? Even if they were not trying to destroy the country, if they were what would they be doing differently?
     

    Bugzilla

    Master
    Rating - 0%
    0   0   0
    Apr 14, 2021
    3,632
    113
    DeMotte
    I sure hope you just forgot to use purple. The regime in power in Venezuela has never been a friend of the US. Their oil producing machinery is in shambles. Everything that can be stolen has been. It would take years and billions of dollars to get it up and running again.

    Mean while, down in Texas, they are putting out less than half of their potential due to regulations. With the wave of a pen all the lost oil from Russia could be replaced by American oil and half again as much. The people in Alaska are begging the .gov to allow them to increase production but were turned down.

    It kind of makes you wonder what the whole goal of the Biden administration is, doesn't it? Even if they were not trying to destroy the country, if they were what would they be doing differently?
    It’s time for those oil states to do what the blue lib states do. Flip the bird to the Fed and move on (drill). What is the fed going to do, especially with elections coming up.
     
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