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OPEC Says To Biden: If You Want More Oil, Pump It Yourself

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Comments

  • Goduckies
    Goduckies Member Posts: 8,082 Standard Supporter
    2001400ex said:

    46XiJCAB said:

    Why is it so hard for Hondo to just admit that Joey has driven gas prices up because of shifty policies?

    Stupidity or dishonesty?

    Because it's not true. Idiot. There's way more that effect gas prices. Idiot. They don't drill gas domestically until oil gets over about $60 a barrel. Lower than that, old wells can pump and do ok but there's no new drilling. Idiot. Oh yeah, and we actually ship most of our oil and oil by products to other countries. The gas in your car is generally from imported oil. Idiot.
    Not true? When I moved to CDA in March it was 245 now its 330.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,512 Standard Supporter
    Hondo is oblivious to the fact there are several guys with O&G careers here.

  • WestlinnDuck
    WestlinnDuck Member Posts: 17,905 Standard Supporter

    Hondo is oblivious to the fact there are several guys with O&G careers here.

    Hondo is also oblivious to this thing called the actual news. If he followed any conservative blog he would be well educated on the Biden supply chain and oil and gas phuck up. If CNN is your fake news source then you are going to get fake news and like it.
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,551 Founders Club
    Price has nothing to do with supply!


  • 2001400ex
    2001400ex Member Posts: 29,457

    Price has nothing to do with supply!

    That's not what I said. There for sure is a component of supply and demand with oil and gas prices. But the speculative market changes the dynamic so it's much more complicated than purely supply of oil and miles driven. As I've shown, there's periods in time when supply was going up and so were prices. And periods of time when supply was flat as prices went up. Of course you'll find periods when demand went down as so did prices, like spring and summer of 20 with covid. State and local fuel taxes also figure heavily into the equation.

    You guys also don't want to remember that domestic oil production sky rocketed during Obama.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,495 Founders Club
    2001400ex said:

    Price has nothing to do with supply!

    That's not what I said. There for sure is a component of supply and demand with oil and gas prices. But the speculative market changes the dynamic so it's much more complicated than purely supply of oil and miles driven. As I've shown, there's periods in time when supply was going up and so were prices. And periods of time when supply was flat as prices went up. Of course you'll find periods when demand went down as so did prices, like spring and summer of 20 with covid. State and local fuel taxes also figure heavily into the equation.

    You guys also don't want to remember that domestic oil production sky rocketed during Obama.

  • SFGbob
    SFGbob Member Posts: 33,188
    2001400ex said:

    Price has nothing to do with supply!

    That's not what I said. There for sure is a component of supply and demand with oil and gas prices. But the speculative market changes the dynamic so it's much more complicated than purely supply of oil and miles driven. As I've shown, there's periods in time when supply was going up and so were prices. And periods of time when supply was flat as prices went up. Of course you'll find periods when demand went down as so did prices, like spring and summer of 20 with covid. State and local fuel taxes also figure heavily into the equation.

    You guys also don't want to remember that domestic oil production sky rocketed during Obama.
    Here's something you did say: Fuel prices in 18 were basically the same as now. Of course that statement was a fucking lie.
  • hardhat
    hardhat Member Posts: 8,344
    2001400ex said:

    Price has nothing to do with supply!

    That's not what I said. There for sure is a component of supply and demand with oil and gas prices. But the speculative market changes the dynamic so it's much more complicated than purely supply of oil and miles driven. As I've shown, there's periods in time when supply was going up and so were prices. And periods of time when supply was flat as prices went up. Of course you'll find periods when demand went down as so did prices, like spring and summer of 20 with covid. State and local fuel taxes also figure heavily into the equation.

    You guys also don't want to remember that domestic oil production sky rocketed during Obama.
    Shart
  • 46XiJCAB
    46XiJCAB Member Posts: 20,967
    2001400ex said:

    Price has nothing to do with supply!

    That's not what I said. There for sure is a component of supply and demand with oil and gas prices. But the speculative market changes the dynamic so it's much more complicated than purely supply of oil and miles driven. As I've shown, there's periods in time when supply was going up and so were prices. And periods of time when supply was flat as prices went up. Of course you'll find periods when demand went down as so did prices, like spring and summer of 20 with covid. State and local fuel taxes also figure heavily into the equation.

    You guys also don't want to remember that domestic oil production sky rocketed during Obama.
    Please clap.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,905 Standard Supporter
    46XiJCAB said:

    2001400ex said:

    Price has nothing to do with supply!

    That's not what I said. There for sure is a component of supply and demand with oil and gas prices. But the speculative market changes the dynamic so it's much more complicated than purely supply of oil and miles driven. As I've shown, there's periods in time when supply was going up and so were prices. And periods of time when supply was flat as prices went up. Of course you'll find periods when demand went down as so did prices, like spring and summer of 20 with covid. State and local fuel taxes also figure heavily into the equation.

    You guys also don't want to remember that domestic oil production sky rocketed during Obama.
    Please clap.
    Add a hug from the dazzler and a participation ribbon for hondo. Next some delicious Capri Sun and and some orange slices. Then he is back to the short yellow bus.