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1 posted on 09/07/2022 9:57:44 AM PDT by The Louiswu
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To: The Louiswu

Recession


2 posted on 09/07/2022 9:59:08 AM PDT by Timothy
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To: The Louiswu

Demand destruction.


3 posted on 09/07/2022 9:59:22 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: The Louiswu

Mid-terms.


4 posted on 09/07/2022 9:59:57 AM PDT by Toespi
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To: The Louiswu; AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; ...
Diesel prices are going up, up, up -- and consumers are paying for that at the grocery store.

5 posted on 09/07/2022 10:01:22 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: The Louiswu
Bidenistas wiping out our Strategic Oil Reserves .
Now at a near record low level .
6 posted on 09/07/2022 10:01:48 AM PDT by ncalburt (they Gop DC Globalists are the ev)
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To: The Louiswu

because the dems think it will help come november.


7 posted on 09/07/2022 10:02:00 AM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )
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To: The Louiswu

Stagnating economies aren’t good for oil prices... which are still nearly double.


8 posted on 09/07/2022 10:02:14 AM PDT by AAABEST ( NY/DC/LA media/political/military industrial complex DELENDA EST)
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To: The Louiswu

Black Market oil found its way into the supply chain.


9 posted on 09/07/2022 10:02:57 AM PDT by Bayard
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To: The Louiswu

check any chart

the line zigs and zags while it trends up or down

think gas is trending down?


10 posted on 09/07/2022 10:04:32 AM PDT by joshua c (to disrupt the system, we must disrupt our lives, cut the cable tv)
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To: The Louiswu

Ours are $3.19 at Wal-Mart today for regular and $3.29 at BP. Midterms coming up so prices are going down. While I’m glad they are down, I won’t celebrate until they are under $2 like they were with President Trump.


12 posted on 09/07/2022 10:05:53 AM PDT by Tennessee Conservative (@Shegens on Truth Social 🐝)
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To: The Louiswu
Demand destruction. Inflation in food and rents is leaving less for gas. Gas suppliers have been dropping prices to attract more business. It's not due to oil prices. Those have been moving around with little effect on the bottom line.
13 posted on 09/07/2022 10:05:54 AM PDT by Myrddin
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To: The Louiswu

Wake me when they reach $1.99 - $2.09 again...

Then I can stop cussing when I fill the car (20 gallons) or the van (30 gallons) or the bass boat (24 gallons)...

The price is going down (now $3.85 around here) ONLY because the communists need the bragging points for the 2022 election...

IMHO, it will be back, higher than ever, after the elections no matter the outcome...


16 posted on 09/07/2022 10:08:08 AM PDT by SuperLuminal
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To: The Louiswu

Sell-off of more than half of Strategic Petroleum Reserves (SPR).

Gasoline Prices to Rise to $5 by Year End; SPR Releases End Just Before Election
https://www.instituteforenergyresearch.org/fossil-fuels/gas-and-oil/gasoline-prices-to-rise-to-5-by-year-end-spr-releases-end-just-before-election


17 posted on 09/07/2022 10:08:51 AM PDT by Hostage (Article V)
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To: The Louiswu

By the end of Dec. look for $5+ gal. of gas.

This is purely for the elections. All the bad policies are still in place driving up prices.

There may have been less demand due to higher gas prices for a while but as prices come down the demand would go up signalling higher prices. The short version is it’s being manipulated.


18 posted on 09/07/2022 10:12:56 AM PDT by Boomer ( George Orwell: “During times of universal deceit, telling the truth becomes a revolutionary act.” )
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To: The Louiswu

Just basic supply-and-demand economics.

Demand is dropping as the economy drops. Thus, prices adjust downward to create more demand. But consumers are not buying it due to higher prices on other goods.

When will oil prices go back up? When OPEC+ decides prices are too low for their purposes, they’ll decrease supply and up go prices.


19 posted on 09/07/2022 10:12:58 AM PDT by twoputt
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To: The Louiswu

$3.44 on average here in SE Virginia.


20 posted on 09/07/2022 10:13:10 AM PDT by ScottinVA (To hell with Putin; to hell with Russia)
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To: The Louiswu

Oil prices are dropping
https://www.bloomberg.com/energy


22 posted on 09/07/2022 10:16:17 AM PDT by AppyPappy (Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
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To: The Louiswu

There’s an election coming up!


23 posted on 09/07/2022 10:16:38 AM PDT by AlaskaErik (In time of peace, prepare for war.)
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To: The Louiswu

End of summer driving season and summer blends.


24 posted on 09/07/2022 10:20:10 AM PDT by pas
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To: The Louiswu

Soon they will be shifting over to winter blends. Goes back up then.


25 posted on 09/07/2022 10:20:54 AM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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