So why isn't gas going for $2.80/gal? Because big oil is ripping us off for obscene profits. Why is inflation so bad? Because big oil and the rest of corporate America is ripping us off for the highest corporate profits in US history, by a country mile.Looking at the impact on prices at the pump, Schork added, “If oil drops to $80, it translate to $2.95 per gallon, on average. If oil drops to $75, it means you’ll pay $2.80, and if oil goes to $70, drivers are looking at $2.60.” - CNBC
These Slack Jaws have the retention span of goldfish...IkeBana » 02 Dec 2022, 8:43 am » wrote: ↑ So, the national average for a gallon of regular today is $3.45. Some of us pay more, some of us pay less but that's the average from sea to shining sea. I'm not expecting anybody to thank Biden for the drop in prices, since I don't expect anybody to blame him. And I'll tell you why...
Right now the US is producing more than twice as many barrels perday as it produced in 2008. So let's not hear any fossil fuel propaganda about the impact of the shuttering of the Keystone XL pipleline.
The price of crude two months ago was $120/bbl, today it sits at $75/bbl, and again, the average gallon of gas is at $3.45. What was the average cost of a gallon of gas the last time crude was at $75? It was $2.80/gal.
So why isn't gas going for $2.80/gal? Because big oil is ripping us off for obscene profits. Why is inflation so bad? Because big oil and the rest of corporate America is ripping us off for the highest corporate profits in US history, by a country mile.
But right now, in this thread, we're talking about big oil, an heroic American industry according to fossil fuel loving MAGA/Q_ANON alt-right conjobs...ripping us off.
ha ha ha ha ha ha ha ha. You destroy your own reality every time you post symbolism over substance defined by working theories and practiced theologies suggesting eternity is beyond the moment here. and evolving cannot be self contained to genetically eternally separated now.Ike Bana » 02 Dec 2022, 8:43 am » wrote: ↑ So, the national average for a gallon of regular today is $3.45. Some of us pay more, some of us pay less but that's the average from sea to shining sea. I'm not expecting anybody to thank Biden for the drop in prices, since I don't expect anybody to blame him. And I'll tell you why...
Right now the US is producing more than twice as many barrels perday as it produced in 2008. So let's not hear any fossil fuel propaganda about the impact of the shuttering of the Keystone XL pipleline.
The price of crude two months ago was $120/bbl, today it sits at $75/bbl, and again, the average gallon of gas is at $3.45. What was the average cost of a gallon of gas the last time crude was at $75? It was $2.80/gal.
So why isn't gas going for $2.80/gal? Because big oil is ripping us off for obscene profits. Why is inflation so bad? Because big oil and the rest of corporate America is ripping us off for the highest corporate profits in US history, by a country mile.
But right now, in this thread, we're talking about big oil, an heroic American industry according to fossil fuel loving MAGA/Q_ANON alt-right conjobs...ripping us off.
Sure...everyone knows the ONLY factor impacting the cost to produce a gallon of gasoline is the cost of a barrel of crude oil. Refineries don't incur any expense for labor, benefits, insurance, transportation, maintenance supplies, utilities, fuel, taxes, etc. Those things are provided to the refineries at no cost to the oil company.IkeBana » 02 Dec 2022, 8:43 am » wrote: ↑ So, the national average for a gallon of regular today is $3.45. Some of us pay more, some of us pay less but that's the average from sea to shining sea. I'm not expecting anybody to thank Biden for the drop in prices, since I don't expect anybody to blame him. And I'll tell you why...
Right now the US is producing more than twice as many barrels perday as it produced in 2008. So let's not hear any fossil fuel propaganda about the impact of the shuttering of the Keystone XL pipleline.
The price of crude two months ago was $120/bbl, today it sits at $75/bbl, and again, the average gallon of gas is at $3.45. What was the average cost of a gallon of gas the last time crude was at $75? It was $2.80/gal.
So why isn't gas going for $2.80/gal? Because big oil is ripping us off for obscene profits. Why is inflation so bad? Because big oil and the rest of corporate America is ripping us off for the highest corporate profits in US history, by a country mile.
But right now, in this thread, we're talking about big oil, an heroic American industry according to fossil fuel loving MAGA/Q_ANON alt-right conjobs...ripping us off.
Walter E. Williams would have ate your hyperbole up as an appetizer.ConsRule » 02 Dec 2022, 10:01 am » wrote: ↑ Sure...everyone knows the ONLY factor impacting the cost to produce a gallon of gasoline is the cost of a barrel of crude oil. Refineries don't incur any expense for labor, benefits, insurance, transportation, maintenance supplies, utilities, fuel, taxes, etc. Those things are provided to the refineries at no cost to the oil company.
IkeBana » 02 Dec 2022, 8:43 am » wrote: ↑ So, the national average for a gallon of regular today is $3.45. Some of us pay more, some of us pay less but that's the average from sea to shining sea. I'm not expecting anybody to thank Biden for the drop in prices, since I don't expect anybody to blame him. And I'll tell you why...
Right now the US is producing more than twice as many barrels perday as it produced in 2008. So let's not hear any fossil fuel propaganda about the impact of the shuttering of the Keystone XL pipleline.
The price of crude two months ago was $120/bbl, today it sits at $75/bbl, and again, the average gallon of gas is at $3.45. What was the average cost of a gallon of gas the last time crude was at $75? It was $2.80/gal.
So why isn't gas going for $2.80/gal? Because big oil is ripping us off for obscene profits. Why is inflation so bad? Because big oil and the rest of corporate America is ripping us off for the highest corporate profits in US history, by a country mile.
But right now, in this thread, we're talking about big oil, an heroic American industry according to fossil fuel loving MAGA/Q_ANON alt-right conjobs...ripping us off.
so you think the OPs screed is any less shallow?Blackvegetable » 02 Dec 2022, 9:07 am » wrote: ↑ These Slack Jaws have the retention span of goldfish...
Jesse gins them up with some alarmist claptrap, which echoes through the Idiotsphere, until drowned out by the new piece of indignation porn.
They never look back to acknowledge their eager credulity, because - as they will tell you - they have many positions on the same issue.
It is instinctively easy to spot intellectual minds deflecting things that got noticed by the silent majority trapped between social interpretation of how evolving should happen in legal codes silencing honesty everywhere.Selaphobia » 02 Dec 2022, 2:30 pm » wrote: ↑ 2.54.9 at costco today. If you don't believe me, see this.
As everyone 'knows' that both upstream and downstream are reaping margins to make up for several lean years and to retire large debt overhangs.ConsRule » 02 Dec 2022, 10:01 am » wrote: ↑ Sure...everyone knows the ONLY factor impacting the cost to produce a gallon of gasoline is the cost of a barrel of crude oil. Refineries don't incur any expense for labor, benefits, insurance, transportation, maintenance supplies, utilities, fuel, taxes, etc. Those things are provided to the refineries at no cost to the oil company.
And those retailers don't have any expense related to keeping their locations open and running and can survive on no profit.
It's detailed and on the right track.
there is a giant flaw in your analogy. inside out keeps what those outside in gave away. Every reality has in fine print "buyer of hope, faith, charity beware" reality isn't everything it promises to become tomorrow.Blackvegetable » 02 Dec 2022, 2:45 pm » wrote: ↑ As everyone 'knows' that both upstream and downstream are reaping margins to make up for several lean years and to retire large debt overhangs.
Prove it.Blackvegetable » 02 Dec 2022, 2:45 pm » wrote: ↑ As everyone 'knows' that both upstream and downstream are reaping margins to make up for several lean years and to retire large debt overhangs.
stop denying natural displacement. Until you do, nothing is provable by reasonable doubt.
Share what you know, bro.
which part of it do you need proven?
All of it.
When does anyone have to prove kinetic self evident movements being performed socially in plain sight? Disproving doubt is what nobody is willing to do socially regardless the reality governing for tomorrow's results arrived, today.
Don't be lazy...try again...