Author
|
Message
|
paul2748
|
|
Group: Forum Members
Last Active: 9 hours ago
Posts: 3.6K,
Visits: 496.8K
|
Gas is down about .75 to .85 per gallon from it's high here. Think the oil company has regrets? NAH
54 Victoria 312; 48 Ford Conv 302, 56 Bird 312 Forever Ford Midland Park, NJ
|
|
|
Tedster
|
|
Group: Forum Members
Last Active: 2 Years Ago
Posts: 513,
Visits: 153.3K
|
There's certainly plenty of blame to go around right now on the usual suspects for sky high energy prices, but the oil companies aren't at the top of the list.
|
|
|
paul2748
|
|
Group: Forum Members
Last Active: 9 hours ago
Posts: 3.6K,
Visits: 496.8K
|
The only others are the speculators/commodity traders. Wait til you see the oil co's profits reports Tedster (7/28/2022)
There's certainly plenty of blame to go around right now on the usual suspects for sky high energy prices, but the oil companies aren't at the top of the list.
54 Victoria 312; 48 Ford Conv 302, 56 Bird 312 Forever Ford Midland Park, NJ
|
|
|
paul2748
|
|
Group: Forum Members
Last Active: 9 hours ago
Posts: 3.6K,
Visits: 496.8K
|
Three of the biggest oil companies reported profits today - all had record profits
54 Victoria 312; 48 Ford Conv 302, 56 Bird 312 Forever Ford Midland Park, NJ
|
|
|
Joe-JDC
|
|
Group: Forum Members
Last Active: Last Month
Posts: 734,
Visits: 21.4K
|
$3.32-$3.39/gal. here in SATX. Never thought I would be glad to buy a truck fill at these prices. Joe-JDC
JDC
|
|
|
MoonShadow
|
|
Group: Forum Members
Last Active: 10 hours ago
Posts: 4.5K,
Visits: 37.1K
|
Lowest is $4.17 so far here in New Hampshire.
Y's guys rule! Looking for McCullouch VS57 brackets and parts. Also looking for 28 Chrysler series 72 parts. And early Hemi parts.
MoonShadow, 292 w/McCulloch, 28 Chrysler Roadster, 354 Hemi) Manchester, New Hampshire
|
|
|
Tedster
|
|
Group: Forum Members
Last Active: 2 Years Ago
Posts: 513,
Visits: 153.3K
|
paul2748 (7/28/2022)
The only others are the speculators/commodity traders. Wait til you see the oil co's profits reports Tedster (7/28/2022)
There's certainly plenty of blame to go around right now on the usual suspects for sky high energy prices, but the oil companies aren't at the top of the list. Well they aren't a charity - and price controls don't work. What do you suggest? How would you explain the commensurate and concurrent price increases on virtually everything else as well? Do we blame "Big Food"? Monetary inflation, supply chain disruptions, good old supply and demand, most of our problems lay squarely on idiot/wicked politicians and unelected bureaucrats wielding great power over our basic energy infrastructure. When gas was $2 bucks a couple years ago, and they were shutting down wells and laying off oil field workers nobody was on here lamenting their fate.
|
|
|
Joe-JDC
|
|
Group: Forum Members
Last Active: Last Month
Posts: 734,
Visits: 21.4K
|
They certainly weren't shutting down wells and laying off people here in South Texas. It was booming with oil, natural gas, and the economy was booming everywhere around the local area. One of my sons was driving a sand truck for fracking, and he was so busy he had to work 14 hour days until the big shutdown under the present administration. He was laid off, and was out of work for several months due to the cut back on oil refinery and natural gas shipping. Gas was stable at $1.69 for nearly the whole term under the previous administration, and everyone was working. Joe-JDC
JDC
|
|
|
MoonShadow
|
|
Group: Forum Members
Last Active: 10 hours ago
Posts: 4.5K,
Visits: 37.1K
|
The previous administration opened up drilling permits and oil exploration on previously banned locations. The result was increased production and a promising environment for the American Oil Business. The current administration reversed all of that. Its just that simple! Nothing to do with Ukraine, Russia or Saudi Arabia.
Y's guys rule! Looking for McCullouch VS57 brackets and parts. Also looking for 28 Chrysler series 72 parts. And early Hemi parts.
MoonShadow, 292 w/McCulloch, 28 Chrysler Roadster, 354 Hemi) Manchester, New Hampshire
|
|
|
Joe-JDC
|
|
Group: Forum Members
Last Active: Last Month
Posts: 734,
Visits: 21.4K
|
Yes, the current administration reversed the increased productivity, best economy, and caused the worst inflation in my 76 years on this earth. Joe-JDC
JDC
|
|
|