What are you guys paying for gas?

[Ben Lamb]

That's what Venezuela did. I'll pass.

It's what every other major producer of oil has done. The OPEC nations are all nationalized, Iran, Russia, etc.

All nationalized. All have much lower gasoline prices than the US. Why do you hate low gas prices and love giving billions in socialism to corporations that only screw the consumer?

 

[Lilhowie83]

I guess if Sleepy Joe gets the credit, I owe him a big thank you.

As a retired oil refinery worker, my holdings in company stock have risen sharply. Nearly forty years ago when first going to work for them, I told my wife, we would not complain about the price of gasoline. So, we don't.

No one is forced to buy a rig that gets poor milage, myself included. It is a choice. There should be no sense of entitlement that the price of oil products will never rise.

When I worked in the oilfield I was grateful for $120BBl oil. All my friends would cry about paying $4.00+ a gallon and I was over here like, "drill baby drill!"

 

[Tradewind]

3.33 at the Fort

 

[FI460]

It's what every other major producer of oil has done. The OPEC nations are all nationalized, Iran, Russia, etc.

All nationalized. All have much lower gasoline prices than the US. Why do you hate low gas prices and love giving billions in socialism to corporations that only screw the consumer?

Never work Ben. That would kick off the U.S. domestic oil embargo.

 

[noharleyyet]

It's what every other major producer of oil has done. The OPEC nations are all nationalized, Iran, Russia, etc.

All nationalized. All have much lower gasoline prices than the US. Why do you hate low gas prices and love giving billions in socialism to corporations that only screw the consumer?

Maxine's way ahead of you Ben....

 

[BigHornRam]

It's what every other major producer of oil has done. The OPEC nations are all nationalized, Iran, Russia, etc.

All nationalized. All have much lower gasoline prices than the US. Why do you hate low gas prices and love giving billions in socialism to corporations that only screw the consumer?

I am glad I don't live in any of those nations you mention Ben. You can move there if want cheap gas though.

 

[BigHornRam]

Maxine's way ahead of you Ben....

No...... I think they are sharing the same home brew.

 

[406dn]

That's what Venezuela did. I'll pass.

Not defending Venezuela, but they did not retain all of their oil for domestic consumption. They did muck things up all around, that I agree with.

 

[406dn]

It's what every other major producer of oil has done. The OPEC nations are all nationalized, Iran, Russia, etc.

All nationalized. All have much lower gasoline prices than the US. Why do you hate low gas prices and love giving billions in socialism to corporations that only screw the consumer?

I would not hold up Iran and Russia as preferable options...maybe try Norway.

No one is getting "screwed" it is the market working. The price is responding to a tighter supply and strong demand.

 

[BigHornRam]

Not defending Venezuela, but they did not retain all of their oil for domestic consumption. They did muck things up all around, that I agree with.

They nationalized their oil industry and provided their citizens with below cost gas. Didn't work out well did it?

 

[Deleted member 28227]

It's what every other major producer dictatorship that produces of oil has done. The OPEC nations are all nationalized, Iran, Russia, etc.

All nationalized. All have much lower gasoline prices than the US. Why do you hate low gas prices and love giving billions in socialism to corporations that only screw the consumer?

US, Canada, and the UK are not nationalized.

Norway is...

 

[406dn]

They nationalized their oil industry and provided their citizens with below cost gas. Didn't work out well did it?

I agreed with that.

Ben said that we should not export any of our oil. They did not stop exporting oil. That is my point.

 

[Deleted member 28227]

If youse guys really want cheap gas, nationalize the oil industry & keep all domestic production home.

but that's socialism.

I mean more or less how gas works...

 

[Ben Lamb]

Don't bring facts into a discussion about which politician is responsible for all of my woes, masshole.

 

[Ben Lamb]

I would not hold up Iran and Russia as preferable options...maybe try Norway.

No one is getting "screwed" it is the market working. The price is responding to a tighter supply and strong demand.

I'm not being serious. The US subsidizes the oil and gas industry heavily, and we enjoy low cost gasoline compared to the majority of other nations. You're 100% right on the supply chain issue and increased demand. Add in the cyber attack on the pipeline on the east coast and you increase volitility in the market & reduce supply while demand increases.

Damned glad I have 73 plastic sacks full of 91 I bought a while ago, during the last panic.

 

[Jmnhunter]

3.09-3.14 in north central MN

 

[BigHornRam]

Don't bring facts into a discussion about which politician is responsible for all of my woes, masshole.

Being a politician is hard work. Everyone is mad at you no matter what you do.

Reduce fossil fuels in the long term but pump more now, Biden says, angering activists. (Published 2021)

www.nytimes.com

 

[Ben Lamb]

Being a politician is hard work. Everyone is mad at you no matter what you do.

Reduce fossil fuels in the long term but pump more now, Biden says, angering activists. (Published 2021)

www.nytimes.com

Fun fact: The world is a complex & intricate place, full of nuance and subtley while also being able to rip your face off and poop down your neck.

 

[BigHornRam]

Fun fact: The world is a complex & intricate place, full of nuance and subtley while also being able to rip your face off and poop down your neck.

Guess that's why Musk wants to move to Mars.

 

[elkduds]

Not sure if this confirms or refutes my hypothesis that Big Oil wants us to elect Republicans, and engages in pump price psychology toward that end.