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Originally Posted by 1960brookwood
(Post 4779558)
This is historical commodity pricing of Brent crude:
Out of a 42 gallon barrel of crude the yield of gasoline is about 19 gallons or ~ 45% At $21 in April the value was about $.50 in an unrefined state Today's price is currently $65.54--giving the same gallon of gas a value of $1.56 unrefined https://cimg8.ibsrv.net/gimg/www.off...2f066e5e9b.png |
Originally Posted by SB
(Post 4779565)
Price at the pump is up 69% since day Biden took office. Trump pro energy independence and lowest prices., Biden is not. Take that how you want.
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It was discussed back in the Spring that gas prices will go back up once the country starts to open back up. Full tankers sitting off the coast unable to off load. Ships crew still need to be paid and ship must stay powered. So cost of the crud has increased. In simple terms buy 1000 gal and hire someone to guard it until you can sell it, cost goes up
I know I'm wasting my time, there is always an excuse. Truplican - Trump speaks truth and has never failed nor lost anything ever Dems/Biden and now Rino bad. Ug Got it |
Fuel price fluctuation are not limited to the US nor which party is in power - if fuel is high in the US, it is high pretty much everywhere globally.
I'm not from the US but I have to ask - why is there no reference to the high fuel prices during GW's reign? Between the dotcom bust, Iraq, fuel was high then started to get realistic again towards the end of his term.... then the financial crisis hit in '08 and that was so widespread no matter who was in power, fuel was going to drive up in cost but came back down as the overall economy recovered.. again globally, the pocketbook felt the hit for buying fuel during the economic hardships (and no one can ever say the fuel consortium didn't make their profits) |
So I just like to get this cleared up, Trump policies getting us to oil independence, fracking, oil pipelines, less EPA restrictions, USA worlds #1 oil producer , for his term prices around $2
Biden: stop fracking, hates oil, stops pipelines, EPA regulations are back , wants us all to run on electric, etc etc . 3 months into his term prices up $1 per gallon in Ilinois. But presidents don`t control the price of oil? Okay got it. https://cimg3.ibsrv.net/gimg/www.off...5117c8d876.jpg |
I'm hearing Ron White calling
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Originally Posted by AllDodge
(Post 4779650)
I'm hearing Ron White calling
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Originally Posted by speicher lane
(Post 4779598)
Fuel price fluctuation are not limited to the US nor which party is in power - if fuel is high in the US, it is high pretty much everywhere globally.
I'm not from the US but I have to ask - why is there no reference to the high fuel prices during GW's reign? Between the dotcom bust, Iraq, fuel was high then started to get realistic again towards the end of his term.... then the financial crisis hit in '08 and that was so widespread no matter who was in power, fuel was going to drive up in cost but came back down as the overall economy recovered.. again globally, the pocketbook felt the hit for buying fuel during the economic hardships (and no one can ever say the fuel consortium didn't make their profits) |
$2.69 per gallon in Charlotte and Sarasota counties here in Florida, ridiculous
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Originally Posted by ICDEDPPL
(Post 4779438)
Ahh so we`re all idiots, and you`re here to enlighten us! thank you so much !Gosh what would we have done without you.
The first 8 words in your #1 "facts" tells me all I need to know . You know absolutely nothing, but I did have a good laugh at the CNN "facts" thou. Biden won the election by more than 7 million votes. That is an undisputable fact. He won by 74 Electoral College votes. That is also an indisputable fact. When Trump won by 77 Electoral College votes over Clinton (the other Clinton, that is), he called that a landslide. |
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