Gas prices are at all time high

We could still have those things. It’s a whole different conversation than this thread so I’ll stop there. Glad we somewhat agree.

 

All that is neat, but I'll still take my money.

 

The federal government somehow managed to fund itself for most of the history of this nation without an income or sales tax. And by sheer coincidence, those years were the ones of greatest growth and development in the nation's history. Each generation got a vastly better standard of living than preceding generations.

 

It’s not your money once the gov’t got their hands on it. They simply created a program that allowed you to collect a kickback because you’re following their agenda.

 

Umm.. I'll still take the money.

 

AND, our reserves are being sold to China & other foreign countries instead of being vested in the U.S. to lower pricing.
Just my thoughts on the subject.

Tom T.

 

Selling off strategis reserves does help lower prices, and ideally it would all be sold to US-owned, US-based companies. Unfortunately, legally it has to be sold to the highest bidder, no way around it. If a Chinese-owned company is the high bidder, we are stuck with it. Bad optics, but no other recourse. The law is the law until it can be changed.

 

It’s treason. I’m shocked you still defend and make excuses for this junk. I guess I should be surprised.

 

it’s treasonous

 

I am gonna wean you off this fuel no matter what it takes. Sell Sell Sell,
and as we speak Texas barely has enough electric to go around
I put a lightning rod out to collect electric and store it in my electronsaversystem.
I cut back the prices some what more do you want?

 

Yes, Texas does have some electric issues. Seems like it is the only state that does. Odd.

 

When your infrastructure growth doesn't stay ahead of population growth you will have issues. Just look at California population keeps moving out and they are still having issues keeping up with electric demand. Odd

 

"Gas prices are too high! Do something!"
Well, we could sell off some of our oil reserves on the open market..."
"Yes! Do it! Why haven't you done it yet?!"
(Sells oil, China buys 20% of it, prices drop)
"Treason!"
Not sure I follow the logic.

You know, our patriotic American oil companies who are suffering through record gas prices like the common man could have stepped up and outbid the Chinese, but times are tight what with their record billions in profit, so what could they do?

 

Keystone Pipeline. Minus 830,000 barrels a day. Almost the million a day that we are depleting our reserve by.

 

No joke, and people try to justify selling off reserves with this potential, and act as if a 10 cent drop in gas prices which have increased by $3 a gallon is a huge win. Pass the crack pipe. Renewable energy could be weaned in carefully if anyone really gave a sh!t, but when you try to accomplish it in the 4 years you have available by dropping a nuke on the current flow of energy, that's pure insanity.

 

Huh... The problems out west dwarf anything going on locally in Texas.

https://www.bloomberg.com/opinion/a...ifornia-can-no-longer-wing-it-with-power-grid

California is now faced with a choice.. Continue on the de carbonizing course that the environmental alarmists have set them on, which discourages operation of existing fossil fuel power plants, and virtually prevents the building of much needed new ones..

Or have electricity like the rest of us in the 21st century.

The bloomberg article, written by a "journalist" that is obviously sympathetic to the climate alarmists movement, attempts to blame Climate Change at every turn, but the simple fact is that the course taken by politicians in California is the cause, and has an inevitable end. Their supply system is so precarious right now, a summer heat wave throws the whole system into crisis mode. All of which would have been totally preventable with responsible energy policy, which they have lacked for a couple decades now. The result?

Lights out..

I wonder when the citizens of California, when faced with daily brown/blackouts, will finally decide that the energy policy they are pursuing is the cause of their electrical power generation inadequacies. When they see thru the excuses and hold the true responsible parties feet to the fire.

JW

 

Gas prices will dictated the political future of many of those in office now. It's the one thing that 20% of American voters, those who are not hard left or right voters, will pay attention to. That 20% actually controls this country.

President Obama is widely quoted as saying "Stable and low gas prices are the key to my popularity". Even when the other side of his mouth was saying he wished gasoline was 11/gal, because it would promote green energy development.

Prediction for the near future.. Politicians, once onboard with the climate alarmist causes, seeing their career about to vanish, will all the sudden become the "pro energy" candidate come September. Rats leaping off a sinking ship.

Unfortunately, the global oil market moves like a glacier when it comes to lowering prices. We just live thru 3.5 years of our government slashing regulations and promoting the development of our oil resources in nearly every way, and that took almost 3 years for that to come to the point where supply, and market confidence, was such that the prices were stable. There is no easy or quick way to resolve the issues that have double fuel prices in the last 18 months. Because of lot of it is market/investor confidence, which is totally shot now, as one would expect.

I mean come on.. would you invest in an industry that the head of the US government is on record saying "We must transition away from"? Doesn't seem like a good idea.

Selling oil from Strategic reserves, regardless of who is buying it, is not only short sighted, it's pointless, and has nearly no effect on pricing in the long term.

Purely a political move from a Rat whose ship is taking on water.

Just like blaming the oil companies, even if they understand the real issues, you say that so your sycophants will regurgitate it every time the gas price comes up.

Rats blaming someone else for the holes they chewed in the hull of the ship that is now going under.


JW

 

In before the lock!

 

Actually, there are no recorded or documented instances of Obama ever saying he was in favor of higher gas prices.

Trump, however, did negotiate a deal with OPEC and Russia to slash production and raise gas prices in 2020 and was quite proud of it. Production levels have still not recovered...
"“I never thought I’d be saying that maybe we have to have an oil [price] increase, because we do. The price is so low,” Trump said in a Fox News interview.

 

Our gas prices have been gradually coming down over the pasts several weeks in Central Florida. Most stations are now between $4.10 and 4.20 with a few at $3.99. Keep on trucking.