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Didn't Gropin' Joe just score some clean, earth-friendly oil from Saudi Arabia?
1 posted on 07/17/2022 6:07:07 AM PDT by Libloather
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To: Libloather

So, $4.75 is “relief” now? The new normal?


2 posted on 07/17/2022 6:10:24 AM PDT by Dr. Sivana (What was 35% of the Rep. Party is now 85%. And it’s too late to turn back—Mac Stipanovich )
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To: Libloather
Russia retaliates by shutting down its supply altogether - the price of oil could jump to $380 per barrel, more than triple what it is today.

If only we had the means of increasing our own fuel supply and that of the world without relying so much on Russia…
3 posted on 07/17/2022 6:12:04 AM PDT by Dr. Sivana (What was 35% of the Rep. Party is now 85%. And it’s too late to turn back—Mac Stipanovich )
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To: Libloather

So many members of FR are touting the low popularity of the Democrats right now because of the economy. Our nation has the memory of goldfishes...I am predicting a significant drop in gas prices, sudden drop in inflation, an a temporary, but significant rise in stock market just before midterms... enough to keep things in check and prevent a hand off to Republicans. Two years is enough time for Democrats to rehabilitate Biden as come back kid....


4 posted on 07/17/2022 6:14:39 AM PDT by Maringa ( )
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To: Libloather

Relieved? Relieved?

Who in the Sam Hill is relieved with prices still over $4/ gallon?


5 posted on 07/17/2022 6:16:56 AM PDT by Nathan _in_Arkansas (Hoist the black flag and begin slitting throats. )
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To: Libloather

Going from $5.65 down to $5.35 isn’t “relief” when 18 months ago it was $2.60.

Sheesh.

5.56mm


7 posted on 07/17/2022 6:20:12 AM PDT by M Kehoe (Quid Pro Joe and the Ho got to go.)
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To: Libloather
The smaller corn crop combined with the 50% INCREASE in the methanol requirement will “fuel” a further surge in gas and food prices.
9 posted on 07/17/2022 6:23:18 AM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves)
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To: Libloather

“... the Biden administration [is] grasping for interventions that could bring relief.”

What can they do? The demonkraps caused the crisis by their anti-fossil fuel actions and the implementation of non-available “clean energy” through givernment mandate instead of letting the free-market solve “the problem”. In addition their failure in foreign policy in a globally integrated economy. The givernment-globalist foreign policy that evolved in the wake of WW2 was implemented with Russia - if enemies traded, they would never wage war because of their interdependence. Yepp, today’s demonkraps and their media would have to go back on all of that... go back to Trump and Reagan.

No, instead their “interventions” have been to tell lots of lies (”inflation is transitory”), releasing petro from limited strategic reserves, blame Putin, and recently blame the GOP of not offering solutions. DOn’t worry though, after Labor Day the (s)election cycle will be filled with slandering the GOP as racists, and anti-woman, anti-science, fat cats who are in bed with the evil pharmaceutical companies, against education and school meals. Will they be able to rig and defraud in the past? Will the GOP have aplan to undo this, or will they cave and let the demonkraps continue to control what legislation gets proposed and passed?


13 posted on 07/17/2022 6:32:54 AM PDT by Susquehanna Patriot ( )
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To: Libloather

Bkmk


14 posted on 07/17/2022 6:38:42 AM PDT by kelly4c
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To: Libloather

I heard a simple ‘fist bump’ solved all of this? *SNORT*

We’re so screwed.


16 posted on 07/17/2022 6:40:28 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: Libloather
“If you were to ask me where could oil prices go, I would say pick a number,” said Michael Tran, managing director for global energy strategy at RBC Capital

Global energy strategist says pick a number. As in your guess is as good as mine. Wonder how much he makes doing that?

17 posted on 07/17/2022 6:42:35 AM PDT by Pollard (If there's a question mark in the headline, the answer should always be No.)
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To: Libloather

What will happen to prices when Biden runs the strategic petroleum reserve dry?


22 posted on 07/17/2022 7:40:54 AM PDT by KarlInOhio (If Hitler invaded Hell, I would make at least a favourable reference of the Devil...-Churchill)
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To: Libloather

das Surge

serge

das Serge


24 posted on 07/17/2022 7:46:37 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: Libloather

Just wait until heating fuel is in demand. Many people will freeze to death this winter.


25 posted on 07/17/2022 7:54:38 AM PDT by Revel
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To: Libloather

End all of the boomeranging suicide sanctions and make deals to ensure the free flow of fuel, fertilizer, and food.


26 posted on 07/17/2022 8:05:44 AM PDT by Arcadian Empire (The Baric-Daszak-Fauci spike protein, by itself, is deadly.)
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To: Libloather

In Illinois, we have price hikes guaranteed. The Democrats have passed two additional gas tax hikes scheduled to take effect after the midterms. They also are forcing gas station owners to display stickers that give the Democrat-dominated state government credit for holding the line on taxes.


29 posted on 07/17/2022 8:21:08 AM PDT by Catholic and Conservative
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To: Libloather

Biden will be pleased and proud on his special Labor day. Big labor always causes a rise in gas prices on it’s it’s Juneteenth day in September


30 posted on 07/17/2022 8:23:17 AM PDT by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day)
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To: Libloather

Just wait until it is time to buy heating oil this winter!


31 posted on 07/17/2022 9:51:02 AM PDT by gunsequalfreedom (ui)
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To: Libloather

“Didn’t Gropin’ Joe just score some clean, earth-friendly oil from Saudi Arabia? “

apparently not ... supposedly SA gonna think about it for a few weeks/months


32 posted on 07/17/2022 9:58:59 AM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: All

The switchover to winter blend gas will bring some relief but the demand for home heating oil will negate it IMO. We’re in this cycle for the long haul.


37 posted on 07/17/2022 2:37:13 PM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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