Gas/Oil Prices Update

It’s different for auto manufacturers because the oil market is an oligopoly and the auto market is not IMO.

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In order to get us strictly back on topic, I will note that I was with a friend when he filled-up at Costco yesterday, and regular gas there has declined to $4.38/gallon.

The average yesterday in Central MD was $4.637, down about 12 cents from the week before.

$4.26, prices dropping as fast as they went up!

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$4.07 here before discount by using Kroger store card/

In my area, Shell stations offer a discount of some sort if you present a card from Stop & Shop supermarkets. Since those are both Dutch corporations, I guess that they have some sort of business relationship.
:thinking:

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… and yet, you chose to post something from the extremely right-wing Breitbart website…

:thinking:

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Our former governor used to refer some blind members of the general public as sheeple or lemmings. I find the lack of outrage telling at depleting our emergency stock pile to ship to Europe and China. This is for national,as in USA oil emergencies, not for political or price manipulation purposes. It’s like depleting your emergency fund for a trip to Disney.

[quote=“VDCdriver, post:252, topic:184326”]
and yet, you chose to post something from the extremely right-wing Breitbart website…
[/quote

Did Biden indeed make the statement that they quoted? :thinking:

Jeez.

The first article I pulled that mentioned the quote was from the NY Post. I don’t know their right or left lean, but the article was waaay more negative toward ol Joe, so I deliberately looked for something less inflammatory that contained the quote. My point is, the quote shows the undeniable…lack of love…for the fossil fuel industry.

Experiencing a little trepidation wading into another politics pond, but I expect the hyperbolic comment above was made during primary season, when the politicians to cater to their base, rather than the center of the road voters. Biden ending fossil fuels is about as likely as the moon turning to green cheese.

My thoughts on Biden (or Trump) or anyone else’s thoughts on them are immaterial, so I wasn’t intentionally posting a negative article regarding the prez. At the end of the day, he either said it or he did not. What he said either reflects a negative towards investing in further oil drilling or a positive. It does seem odd to claim you’ll end fossil fuels, then demand that oil production be increased a few years later…but whatever. I don’t think that he alone could put an end to fossil fuels either. In reality, if we put an end to fossil fuels right now…just shut the valve off immediately, the country would probably collapse pretty damn quickly. I do believe that the government could reduce the amount of oil (gasoline) we consume (CA has started already in a relatively small way), by favoring EV’s, etc. So I can see the reluctance of oil companies to invest more in more production if we intend to move away from fossil fuels in the future (for better or worse, however each individual might view that). If we’re really “transitioning” away, what would be the incentive to produce more? That’s honestly all I was getting at.

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Sheesh, some of you folks would argue about the color of the sky. Of course he said it and a lot more. It was at one of the stops. On the trail. I saw it with my own eyes. But actions are more important than words. I’ve noticed that even official transcripts now are being cleaned up.

The sky is green. :rofl:

Grass hoppers next. I’ll swear that acts the first time in 70 years I’ve ever heard the term derecho used in the Midwest.

Of course I will! The current administration took steps last week to approve a huge drilling project on the Alaskan North Slope called Willow, managed by ConocoPhillips. Approval was initiated by the previous administration and continued by the present administration. Politicians say a lot of things but sometimes reality makes them do something else. Running a country isn’t anywhere as simple as you make it out to be.

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… and anyone who thinks that no politicians–of any stripe–ever wind-up having to change their stated policies is either extremely naïve or is possessed of no memory.

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quote=“jtsanders, post:260, topic:184326”]
Running a country isn’t anywhere as simple as you make it out to be.
[/quote]

I don’t recall where I said that it was. But I don’t see that as an excuse if someone runs for the position.

So my post was removed, but it contained nothing that I can see as “obusive” or “offensive”, and it was certainly on topic. I feel like everything I quoted was pretty respectful. If it’s considered “inflammatory” just because someone else doesn’t agree with it due to their political views…does that mean it’s also “inflammatory” if someone posts something I disagree with politically also? Apparently not. “Cancel culture” is a real thing. Who woulda guessed. Have a good one. I’m out.

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Yes I have refrained from responding to most of the political narrative in deference to the site administration. There really is no point. The 23% will remain loyal regardless of the current price of watermelons.

I don’t think the issue is the controversial nature of the content of the link, but its source. Suggest to use news links from among sites considered to be less biased, such as ABC, CBS, NBC, UP, API etc. The fossil fuel issue is definitely car related and deserves respectful discussing here imo.