What’s yer gas prices?

[RobertELee]

OPEC+ is set to hold a meeting on Wednesday to decide production changes. Current expectation is a production cut between 500,000 - 1 million barrels per day to support a price increase.

For reference, that's about the same amount which is being released daily from the Strategic reserves

Yup with Putin and Saudi Arabia leading the charge.

[gcode]

For reference, that's about the same amount which is being released daily from the Strategic reserves

Which is usually going to China. Federal law requires sales from the Strategic Reserve to be sold to the highest bidder
and that is usually China.

[CNCAppsJames]

Regular = $5.86
Premium = $6.19

At my local Costco which is usually around $0.50 cheaper/gal than the local gas stations.

[Del.]

$2.99 currently.

[Surface]

OPEC+ Agrees to Biggest Oil Production Cut Since Start of Pandemic. Producers agree to plan to slash two million barrels a day in a move that will boost prices and help Moscow. -WSJ

Fill your tank now. Today's energy prices may seem like a bargain in a few months.


So what's next for the Biden administration? The SPR is running at the lowest point in 37 years and domestic producers don't seem to be able/willing to take up the slack.


 

[gcode]

All part of the plan.. they will disrupt the oil business and jack with the prices till they make an $80k
electric car seem like a bargain

[ghuns]

$4.29 this morning.

FJB.

[Del.]

Jumped 40 cents after I posted. I filled up right before they bumped it up. Saved $7. Cha- Ching.

[TylerBeer]

All part of the plan.. they will disrupt the oil business and jack with the prices till they make an $80k
electric car seem like a bargain

yep! Just thank dumper trumper!

[Incogneeto]

yep! Just thank dumper trumper!

Uhhhh, Trump wasn't on twitter. Remember?? He got kicked off waaaaay before 4/2/20.

Biden was in Charge.

Dayyum !!! Fucking Incog!!!

[Incogneeto]

I , really ,really , really thought you were smarter than that Ty.

Fake News.

But Hey!! Cuomo is back on T.V.

You can still hope.

[gcode]

the difference Tyler was we bought less from Saudi Arabia and Putin
and replaced it with American oil
Billions of dollars stayed here in the US instead of going into the pockets of people who hate us
hundreds of thousands of Americans had good paying jobs in the energy industry
and the price of oil ( and gasoline) when down

[gcode]

Uhhhh, Trump wasn't on twitter. Remember?? He got kicked off waaaaay before 4/2/20.

Biden was in Charge.

Trump was not on Twitter in March 2020, that is a fake account
but Biden was not in charge till 01/22/21

[Incogneeto]

Trump was not on Twitter in March 2020, that is a fake account
but Biden was not in charge till 01/22/21

You are right !! My Bad.

It just seems like Biden has been in charge longer.

[gcode]

more food for thought
The Keystone  XL pipeline would be online now if FJB hadn't killed it on his first day in office
We'd be getting cheap Canadian crude
gas would be cheaper
a lot more Canadians would be working good paying jobs
Putin and Saudi Arbia would have less leverage in the world energy markets
and billions of dollars a year would be flowing from the US to Canada instead of Saudi Arabia

nice job FJB