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Main Forums => The Roundtable => Topic started by: K Frame on November 19, 2021, 11:27:11 AM

Title: Crude oil...
Post by: K Frame on November 19, 2021, 11:27:11 AM
is getting absolutely HAMMERED today.

Right now WTI is down over $3 a barrel, apparently reacting to lockdowns in Europe.
Title: Re: Crude oil...
Post by: Boomhauer on November 19, 2021, 12:46:46 PM
The leftist NPCs will be all touting the lowered prices as the result of Brandon’s hard work when last week they were rushing to all shout that the president has no control over oil prices.
Title: Re: Crude oil...
Post by: WLJ on November 19, 2021, 12:47:47 PM
Brandon had a talk with Corn Flakes
Title: Re: Crude oil...
Post by: WLJ on November 19, 2021, 12:50:20 PM
https://twitter.com/OrwellNGoode/status/1461728144403095571
(https://pbs.twimg.com/media/FEkZ_1gXMAcG_yG?format=jpg&name=small)
Title: Re: Crude oil...
Post by: WLJ on November 23, 2021, 10:01:47 AM
The cynic in me says MSM and dems will parade this as the greatest  move ever by a president for the America people meanwhile gas will go down 1 penny..... for a day.

US to release 50 million barrels of oil to ease energy costs
https://www.wdrb.com/news/national/us-to-release-50-million-barrels-of-oil-to-ease-energy-costs/article_9e7f48aa-d777-50ed-a769-d0c77ba35d28.html
Title: Re: Crude oil...
Post by: ConstitutionCowboy on November 23, 2021, 10:15:21 AM
50 million barrels only amounts to 00.7 % of our yearly consumption. It's not even 3 days worth of our daily consumption. Comes to about two cents saved on three-dollar-a-gallon of gas.

Woody
Title: Re: Crude oil...
Post by: HankB on November 23, 2021, 10:39:41 AM
50 million barrels only amounts to 00.7 % of our yearly consumption. It's not even 3 days worth of our daily consumption. Comes to about two cents saved on three-dollar-a-gallon of gas.

Woody
But processing the price change takes three cents, so . . .
Title: Re: Crude oil...
Post by: Ben on November 23, 2021, 10:40:14 AM
Showmanship and a tiny drop in an ocean of oil (that we have underneath us and cannot drill).

These SPR releases "to ease the price at the pump" are never anything but giant PR stunts. It's called STRATEGIC for a reason. I hate it when this is done, whether done by a D or an R.

 Knock it off and save the oil for an emergency. We wouldn't be in this fix if some doddering old fool hadn't shut down domestic production.
Title: Re: Crude oil...
Post by: Jim147 on November 23, 2021, 10:57:28 AM
And oil is up.
Title: Re: Crude oil...
Post by: WLJ on November 26, 2021, 05:18:00 PM
Now that their little PR stunt is over we have this.
Quote
    Biden administration pushes to raise rates for oil and gas drilling on public lands and waters, citing climate change https://t.co/WWTOTppbvo

    — The Washington Post (@washingtonpost) November 26, 2021
After releasing oil from the SPR to lower energy prices, the Biden administration moves to increase energy prices
https://twitchy.com/gregp-3534/2021/11/26/after-releasing-oil-from-the-spr-to-lower-energy-prices-the-biden-administration-moves-to-increase-energy-prices/

Quote
Though Friday’s report focuses on the fiscal case for updating the leasing program, Interior officials say they will also consider how to incorporate the real-world toll of climate change into the price of permits for new fossil fuel extraction. The Biden administration this year set its “social cost of carbon” at $51 per ton of emissions, but suggested the number could go even higher as researchers develop new estimates of the damage caused by raging wildfires, deadly heat, crop-destroying droughts and catastrophic floods.
Biden administration pushes to raise rates for oil and gas drilling on public lands and waters, citing climate change
https://www.washingtonpost.com/climate-environment/2021/11/26/biden-oil-gas-drill-public-lands/

Let's Go Brandon

Title: Re: Crude oil...
Post by: HankB on November 26, 2021, 05:23:26 PM
Biden doing something to hurt the USA by increasing energy prices? What happened, did the Chicoms buy another couple of Hunter's paintings at $500,000 a pop?

Let's go Brandon.
Title: Re: Crude oil...
Post by: WLJ on November 30, 2021, 10:49:06 AM
Just buy an electric car.
Meanwhile my electric bill just jumped

Buttigieg: Families who buy electric vehicles 'never have to worry about gas prices again'
https://thehill.com/dem-lawmakers/583325-buttigieg-electric-vehicle-owners-never-have-to-worry-about-gas-prices-again

Just buy an electric car you BROKE losers! Joe Biden says gas prices only a problem for poor people?
https://www.youtube.com/watch?v=Ua_t4SZijEI
Title: Re: Crude oil...
Post by: Ben on November 30, 2021, 10:53:47 AM
Just buy an electric car.
Meanwhile my electric bill just jumped

Buttigieg: Families who buy electric vehicles 'never have to worry about gas prices again'
https://thehill.com/dem-lawmakers/583325-buttigieg-electric-vehicle-owners-never-have-to-worry-about-gas-prices-again

Just buy an electric car you BROKE losers! Joe Biden says gas prices only a problem for poor people?
https://www.youtube.com/watch?v=Ua_t4SZijEI

Their current blather on "go electric so you don't have to pay for gas anymore" seems to be telling people to use their Mastercard to pay off their Visa and then they'll be debt free with no more Visa payments (ignore the Mastercard behind the curtain).
Title: Re: Crude oil...
Post by: French G. on November 30, 2021, 12:30:06 PM
Electric bill last month was still $95. I have had a few $40 bills for this house. Lowest consumption in two years at 728kwh. Not the lowest bill.
Title: Re: Crude oil...
Post by: Jim147 on November 30, 2021, 05:59:32 PM
I only skimmed the passed bill but I didn't see any money going to nuke plants or fixing our electric grid. How are we going to charge all these new electric cars?
Title: Re: Crude oil...
Post by: Devonai on November 30, 2021, 06:04:57 PM
Black and viscous, bound to cure blue lethargy
Sugar-plum petroleum for energy
Tightrope-balanced payments need a small reprieve
Oh, please believe we want to be
In North Sea Oil
New-found wealth sits on the shelf of yesterday
Hot-air balloon, inflation soon will make you pay
Riggers rig and diggers dig their shallow grave
But we'll be saved and what we crave
In North Sea Oil
Prices boom in Aberdeen and London Town
Ten more years to lay the fears, erase the frown
Before we are all nuclear, the better way!
Oh, let us pray: we want to stay
In North Sea Oil
Title: Re: Crude oil...
Post by: grampster on November 30, 2021, 11:08:40 PM
Gas dropped here last week from 3.37 to 2.99 at one place I saw.  Today it's 3.28 and 3.31.
Title: Re: Crude oil...
Post by: Boomhauer on December 01, 2021, 06:15:57 AM
I only skimmed the passed bill but I didn't see any money going to nuke plants or fixing our electric grid. How are we going to charge all these new electric cars?

That’s the best part about it it doesn’t!

Why would they fix something they can point out is a problem down the road and write endless bills to “fix it” that don’t actually fix it?

The politicians have gotten their perpetual motion pork machine figured out and are all using it like crazy.
Title: Re: Crude oil...
Post by: Fly320s on December 01, 2021, 09:48:14 AM
Prices should be coming down.  WTI has dropped 12% since last week.

https://www.yahoo.com/finance/news/oil-prices-have-tanked-so-hard-traders-are-assuming-planes-wont-fly-for-3-months-goldman-sachs-114609776.html
Title: Re: Crude oil...
Post by: Jim147 on December 01, 2021, 10:32:01 AM
It should be coming down faster but this fine administration we have decided last week to raise the lease rates on all federal land and water. It hasn't happened yet but it will still keep fuel prices up.

Just like with lumber finally coming down they said lets double tariffs on canadian lumber. They are *expletive deleted*ing morons. Or they are doing it on purpose.....
Title: Re: Crude oil...
Post by: Brad Johnson on December 01, 2021, 12:38:44 PM
They are *expletive deleted*ing morons. Or they are doing it on purpose.....

Yes to both.

Brad
Title: Re: Crude oil...
Post by: MechAg94 on December 02, 2021, 05:28:26 PM
DCCC hopes you’ll appreciate the graph they worked so hard on and join them in celebrating Joe Biden lowering gas prices
https://twitchy.com/sarahd-313035/2021/12/02/living-the-life-dccc-hopes-youll-appreciate-the-graph-they-worked-so-hard-on-and-join-them-in-celebrating-joe-biden-lowering-gas-prices-pic/


(https://pbs.twimg.com/media/FFoIjc_XMAQHD8b?format=jpg&name=small)
Title: Re: Crude oil...
Post by: French G. on December 02, 2021, 05:38:50 PM
Much wow. Gas looks way down on that chart.
Title: Re: Crude oil...
Post by: Cliffh on December 02, 2021, 07:17:55 PM
That is a steep drop in price!

Wait, is that scale in thousandths of a penny?

Never mind....

My weight loss would look good at that scale.
Title: Re: Crude oil...
Post by: WLJ on December 02, 2021, 07:30:54 PM
Your weight loss after cleaning out lint out of your belly button would look great on that scale.
Good enough for an extra Snickers bar, with a diet Pepsi of course, to celebrate
Title: Re: Crude oil...
Post by: WLJ on December 02, 2021, 07:55:25 PM
Quote
    Gas prices steadily falling since Biden signed the infrastructure bill and fixed inflation. pic.twitter.com/A4VcW6aTKS

    — Matthew Yglesias (@mattyglesias) December 2, 2021
Quote
    Joe Biden's chief of staff "liked" this chart claiming Biden saved Americans 2 pennies: https://t.co/I4tcx35l3A pic.twitter.com/2ISBMq9qSI

    — Ryan Saavedra (@RealSaavedra) December 2, 2021
Quote
The real joke here is that it looks like the DCCC got their idea for their chart, which went up in the afternoon, from Matthew Yglesias, who posted a similar chart this morning showing the steady fall of gas prices since President Biden “fixed inflation.”
Quote
    They don’t know he’s joking. https://t.co/lKb37mUBq9

    — Ian Miles Cheong @ stillgray.substack.com (@stillgray) December 2, 2021
https://twitchy.com/brettt-3136/2021/12/02/chief-of-staff-ron-klain-likes-matthew-yglesias-chart-showing-drop-in-gas-prices-since-biden-fixed-inflation/

(https://hosting.photobucket.com/images/x383/WLJohnson1/download_(1)_rs.jpg?width=1920&height=1080&fit=bounds)
Title: Re: Crude oil...
Post by: MechAg94 on December 02, 2021, 11:06:29 PM
Your weight loss after cleaning out lint out of your belly button would look great on that scale.
Good enough for an extra Snickers bar, with a diet Pepsi of course, to celebrate
:laugh:
Title: Re: Crude oil...
Post by: Boomhauer on December 03, 2021, 05:53:24 AM
From the same administration that saved you $0.16 on your 4th of July cookout after jacking the cost of groceries, now they are saving you $0.02 a gallon after doubling the price of fuel…what selfless heroes. We’d be lost without them. Thank you Brandon!
Title: Re: Crude oil...
Post by: K Frame on December 03, 2021, 07:23:40 AM
Even liberal outlets and individuals are just savaging the DCCC for putting out that chart.

And the Republic Congressional group is absolutely sprinting with it. I suspect that they're going to use it to great effect in the runup to the 2022 midterms.
Title: Re: Crude oil...
Post by: MechAg94 on December 03, 2021, 09:25:24 AM
Even liberal outlets and individuals are just savaging the DCCC for putting out that chart.

And the Republic Congressional group is absolutely sprinting with it. I suspect that they're going to use it to great effect in the runup to the 2022 midterms.
I was thinking some aide posted it without looking at it too hard, but someone had to zoom in the graph to make it in the first place.
Title: Re: Crude oil...
Post by: Ben on December 03, 2021, 09:48:07 AM
I was thinking some aide posted it without looking at it too hard, but someone had to zoom in the graph to make it in the first place.

I think maybe the DCCC expected that their moron base would just look at the pretty drawing with the "big" downward curve, and not the numbers. It's a pretty great example of the "lying with statistics" theme, especially if you expect an uninquisitive audience.
Title: Re: Crude oil...
Post by: WLJ on December 03, 2021, 03:32:53 PM
2 cents = significant

Quote
    Joe Biden is now touting lowering oil and gas prices "significantly." pic.twitter.com/K1IcJro1qc

    — Townhall.com (@townhallcom) December 3, 2021
Quote
    Biden: “I’ve used every tool available to address price increases and it’s beginning to work. Take gasoline and gas prices. Last week I announced the largest ever release from the United States Strategic Petroleum Reserve to increase the supply of oil and help bring down prices.” pic.twitter.com/4Y5iWS6jJz

    — Tom Elliott (@tomselliott) December 3, 2021
https://twitchy.com/dougp-3137/2021/12/03/he-approved-keystone-bidens-promise-to-use-every-tool-available-to-lower-gas-prices-spontaneously-combusts/
Title: Re: Crude oil...
Post by: Ben on December 04, 2021, 09:44:04 AM
(https://pbs.twimg.com/media/FFoy_IlXEAUFZE-?format=jpg&name=small)
Title: Re: Crude oil...
Post by: WLJ on December 04, 2021, 09:52:08 AM
WE'RE SAVED! HAIL BE TO BRANDON!
Title: Re: Crude oil...
Post by: JTHunter on December 04, 2021, 10:26:00 PM
Considering that Biden isn't worth 2 cents in the first place - - -.  >:D
Title: Re: Crude oil...
Post by: K Frame on December 07, 2021, 07:19:39 AM
Crude has been roaring back as Omicron is being assessed and reassessed. Above $71 a barrel again and showing now signs of slowing down.

I guess Brandon's 2 cents is all for naught.
Title: Re: Crude oil...
Post by: WLJ on December 08, 2021, 04:57:05 PM
Whenever a dem uses the word fair it usually means most of us are about to get screwed.

Quote
    BIDEN: "We're making progress. We're going to keep at it to ensure the American people are paying their fair share for gas." pic.twitter.com/f41bFtbeEP

    — Townhall.com (@townhallcom) December 8, 2021
https://twitchy.com/sarahd-313035/2021/12/08/wait-what-did-he-just-say-joe-biden-vows-to-build-back-better-by-making-sure-the-american-people-are-paying-their-fair-share-for-gas-video/
Title: Re: Crude oil...
Post by: Ben on December 08, 2021, 05:12:22 PM
Quote
Townhall.com
@townhallcom
BIDEN: "We're making progress. We're going to keep at it to ensure the American people are paying their fair share for gas."

https://twitter.com/i/status/1468688475138498571