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12-19-2022, 12:10 AM
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#556
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Valued Poster
Join Date: Nov 11, 2012
Location: Pittsburgh
Posts: 16,225
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Quote:
Originally Posted by 1pittsburgh
This didn't age well. This thread is a cornucopia of angry bad predictions.
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Wrong. The only reason prices haven't increased is that
1. SPR releases have continued, draining the SPR to dangerous levels
2. There has been demand destruction
3. There has been higher than usual refinery utilization rates with refiners operating at near capacity the last couple months
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12-19-2022, 06:25 AM
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#557
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Valued Poster
Join Date: Jul 21, 2014
Location: PGH
Posts: 1,125
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Quote:
Originally Posted by berryberry
Wrong. The only reason prices haven't increased is that
1. SPR releases have continued, draining the SPR to dangerous levels
2. There has been demand destruction
3. There has been higher than usual refinery utilization rates with refiners operating at near capacity the last couple months
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Of course. If prices go up, it's Biden's fault. If prices go down, it's caused by many other factors. Extremism thinking at its finest.
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12-19-2022, 07:16 AM
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#558
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The Man (He/Him/His)
Join Date: May 7, 2019
Location: The Box... Indeed
Posts: 5,676
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The SPR releases have had a rather insignificant, temporary impact on the price of gas at best Berry.
As for capacity utilization, it may be up vs some historical measures, but you've also never addressed the reductions to capacity which mean we're hitting higher utilization with the same and sometimes lower volume.
https://ycharts.com/indicators/us_op...ation_capacity
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12-19-2022, 09:55 AM
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#559
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Valued Poster
Join Date: Jan 9, 2019
Location: Pittsburgh
Posts: 1,754
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Quote:
Originally Posted by Jacuzzme
I’m not sure why you find that funny. Regardless of this dip in gas prices, democrats are still pure shit when it comes to energy policy.
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Because I find obvious hypocrisy to be funny. There's a lot of it coming from the right wing posters in this thread.
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12-19-2022, 09:59 AM
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#560
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Valued Poster
Join Date: Jan 9, 2019
Location: Pittsburgh
Posts: 1,754
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Quote:
Originally Posted by berryberry
Wrong. The only reason prices haven't increased is that
1. SPR releases have continued, draining the SPR to dangerous levels
2. There has been demand destruction
3. There has been higher than usual refinery utilization rates with refiners operating at near capacity the last couple months
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Not wrong. What I said is factually correct. Why lie? You predicted that gas prices would soar higher after the election, but they have done the opposite. These excuses don't change that fact. Another far right poster predicted that they would go up to $10 per gallon. LOL
I'm not one who assigns a ton of blame to the president or a political party for fluctuations in gas prices, but the ones in this thread who do have clearly demonstrated their hypocrisy, just like they do in relation to many issues.
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12-19-2022, 11:29 AM
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#561
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Valued Poster
Join Date: Nov 11, 2012
Location: Pittsburgh
Posts: 16,225
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Quote:
Originally Posted by rmg_35
Of course. If prices go up, it's Biden's fault. If prices go down, it's caused by many other factors. Extremism thinking at its finest.
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Hey, if you want to give Senile Biden credit as he has manipulated the SPR releases for crass political purposes, have at it.
Of course the SPR is at dangerously low levels and everyone better hope a true emergency doesn't hit
As to demand destruction - I give all the credit in the world to Senile Biden. His high inflation has made it so lots of people can't afford gas or leisure trips which has resulted in demand destruction
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12-19-2022, 11:37 AM
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#562
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Valued Poster
Join Date: Nov 11, 2012
Location: Pittsburgh
Posts: 16,225
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Quote:
Originally Posted by 1pittsburgh
Not wrong. What I said is factually correct. Why lie? You predicted that gas prices would soar higher after the election, but they have done the opposite.
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No. I did not. Go back and read what I wrote. Why do you lie?
I didn't predict anything. I made an observation that his blatant attempt to buy votes by misusing the SPR would "LIKELY" mean prices would increase once he is done
Do you understand what LIKELY means?
Obviously Senile Biden has continued his blatant misuse of the SPR which, along with the demand destruction he has caused has helped keep those prices from rising to date. But give it time, he can't manipulate the SPR forever (although thanks to his record high inflation making it hard for people to afford gas, the demand destruction may stick around a while)
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12-19-2022, 03:48 PM
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#563
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Valued Poster
Join Date: Jan 9, 2019
Location: Pittsburgh
Posts: 1,754
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Yea, you left yourself some wiggle room like your hero who talks out of both sides of his mouth does, but make no mistake, you predicted and maybe even wished for gas prices to go up.
I don't expect you to see the hypocrisy.
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12-21-2022, 06:38 AM
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#564
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Premium Access
Join Date: Mar 16, 2016
Location: Steel City
Posts: 8,514
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$2.59 at Buck-ee’s (craziest gas station ever with 102 pumps) in Daytona Fla.
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12-21-2022, 12:37 PM
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#565
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Valued Poster
Join Date: Nov 11, 2012
Location: Pittsburgh
Posts: 16,225
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Quote:
Originally Posted by 1pittsburgh
Yea, you left yourself some wiggle room like your hero who talks out of both sides of his mouth does, but make no mistake, you predicted and maybe even wished for gas prices to go up.
I don't expect you to see the hypocrisy.
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Again, why do you lie?
I don't have any hero's and I didn't predict or wish for what you claim
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12-21-2022, 12:52 PM
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#566
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Premium Access
Join Date: Jan 21, 2011
Location: Bonerville
Posts: 6,086
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Also, Biden has begun purchasing oil for the SPR...at the price he mentioned before. Mid 70s per barrel. Hmmm. Seems that Joe Knows ...and the right wing nay-sayers simply suck at making accurate predictions.
Red wave, Tsunami, Lake, Walker- Repeal n Replace, ...
Always threatening but with no solutions.
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12-21-2022, 05:11 PM
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#567
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Valued Poster
Join Date: Jan 9, 2019
Location: Pittsburgh
Posts: 1,754
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Quote:
Originally Posted by berryberry
Again, why do you lie?
I don't have any hero's and I didn't predict or wish for what you claim
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Like I said, I don't expect you to see the hypocrisy, buy lying is par for the course for your ilk.
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12-22-2022, 12:42 AM
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#568
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Valued Poster
Join Date: Nov 11, 2012
Location: Pittsburgh
Posts: 16,225
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Quote:
Originally Posted by 1pittsburgh
Like I said, I don't expect you to see the hypocrisy, buy lying is par for the course for your ilk.
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My ilk?
I guess by my ilk you mean a well read, well educated conservative who enjoys exposing left wing bullshit - guilty as charged
Back on the topic of the thread:
* The recent crude price slump may not be indicative for what is to come in oil markets according to several investment bank analysts.
* OPEC has not consistently produced more than 30 million bpd since 2015-2018.
* Structural underinvestment in new oil supply may lead to structurally higher prices.
https://oilprice.com/Energy/Crude-Oi...To-An-End.html
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12-23-2022, 09:58 AM
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#569
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Valued Poster
Join Date: Jan 9, 2019
Location: Pittsburgh
Posts: 1,754
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Quote:
Originally Posted by berryberry
My ilk?
I guess by my ilk you mean a well read, well educated conservative who enjoys exposing left wing bullshit - guilty as charged
Back on the topic of the thread:
* The recent crude price slump may not be indicative for what is to come in oil markets according to several investment bank analysts.
* OPEC has not consistently produced more than 30 million bpd since 2015-2018.
* Structural underinvestment in new oil supply may lead to structurally higher prices.
https://oilprice.com/Energy/Crude-Oi...To-An-End.html
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Not what I meant to say at all. By your ilk, I meant far right folks who have a problem telling the truth, read a bunch of far right propaganda sites and believe everything they say, and who don't seem to want to see the United States have any type of positive future.
On the topic of the thread, I paid $3.29 yesterday in Pittsburgh. Same thing I paid many times during Orange Turd's presidency, even before the major global pandemic and Russia's war with Ukraine.
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12-24-2022, 08:59 AM
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#570
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Premium Access
Join Date: Mar 16, 2016
Location: Steel City
Posts: 8,514
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Then again, maybe some people don’t consider having a country over run with indigent foreigners and trans kids a positive future.
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