Posted on 03/05/2021 1:13:28 PM PST by rktman
Can this prophet now tell me who will win Super Bowl LV?
The CEO of Shell was a huge Biden guy so he can drink his oil for all I care.
I bet all those illegals and dead people wished they would have voted for Trump now!
I haven’t had a full tank of gas for almost a full year since I work from home now. But the price of everything else is going to go up now too. Truckers are going to pass that cost along. uggg!
I love it. This is Obama II. Buy oil stocks. I made enough today to pay for a year’s gas for the wife’s car and my truck.
Fill ‘er up!
Like most Americans we are driving our vehicles less.
We just got a $60 refund on my Ridgeline and $13 on my wife’s Lexus from our vehicle insurances due to the lower mileage.
State Farm is our insurance provider.
LOL, our only choice at most places here in rural MO is 87 octane or diesel.
Now I’m really bummed. I thought it was going to all be unicorns and rainbows.
Before long the US will resemble Argentina warmed over which was once one of the most prosperous countries in the world until corruption, graft and hypocrisy took their toll and as usual ignorant and dumb people fell for it hook line and sinker what the media and politicians served up, very similar what we are seeing here in the US. The American dream is quickly disappearing, just remember what it used to be so you can tell your kids what their parents squandered away by listening and voting for the socialist folly. Maybe some day some one will write a song similar to “Don’t cry for me Argentina” but this time “Don’t cry for me America” Sad, sad..
The good news is this: A pollster pointed out that gas prices weigh heavily on Americans because they see them all the time, even people who don’t even drive. If you drive, it’s in your face 20 times a day. If gas prices go up (AND THEY WILL), this will be laid at Biden’s feet in 2022. The Dems will be laid waste.
Conservatives could have 100 million votes in ‘22. Guess who will have 100 million and 1?😕
Curious. You seem to think that Democrat’s can still be voted out of office.
Perhaps you forgot about some events that happened late last year.
” who will win Super Bowl LV?”
I predict Tom Brady will lead the Tampa Bay Buccaneers to win Super Bowl LV.
That’s crazy talk
A little over a year ago, Russia and Saudi Arabia were flooding the market with cheap oil. That, and the pandemic shutdown caused the stock market and, in particular, oil stocks to crash.
I saw this as a once in a lifetime buying opportunity. I went from 65/35 stocks/bonds to 100% stocks in my IRA. I also started buying XOM with after tax money. Like you, I made enough money today to pay for a year's gas for both my cars.
The price for oil will continue to rise as long as OPEC+ hold their production levels and the U.S. and other countries recover from the pandemic. If OPEC hold production levels, and oil continues to go up in price, then what would motivate the big oil companies to increase production? The short answer is...Nothing. Produce at the current levels and make more money (profit).
I believe that oil is headed to $100 per barrel. The only question is...how fast?
I predict that at some point the liberals will try to demonize big oil.
As you say - Buy oil stocks.
“Former Shell President: ‘Hostile’ Biden Admin Is Going to Negatively Impact Gas Prices(EXPLOSIVE!)”
already has and it won’t be just gasoline ...
energy prices will soar across the board and will continue to soar as a DELIBERATE consequence of the “Biden” administration push to shut down domestic energy production, ...
therefore, anything that needs to be heated, transported, farmed, fertilized, grown, mined, smelted, processed, imported, retailed, synthesized or manufactured requires massive energy inputs, hence EVERYTHING consumed in daily life will necessarily increase in price regardless of how much artificial “liquidity” is pumped into the economy as energy prices soar ...
OTOH, a multi-national energy company that is the 3rd largest corporation in the world in terms of net income like royal dutch shell will be sitting in the catbird’s seat when biden shuts off the domestic energy taps and the U.S. has to start importing energy again at the same time as oil and natgas prices skyrocket worldwide, so those of us who sunk our life saving into RDSB last March 2020 when Mr. Market decided to GIVE AWAY RDSB are now sitting on a fortune that will only grow larger by the day ...
“I was paying 1.60 a gallon in SW Florida in November or December”
Never saw that in the Tampa Bay area?
“I love it. This is Obama II. Buy oil stocks. I made enough today to pay for a year’s gas for the wife’s car and my truck.”
CVX kinda flat during past few years but up over 4% today and paying almost 5% in dividends. One of my LT core positions.
That assumes there will be free and fair elections in 2022 and beyond. I am highly skeptical such will ever be the case again.
wow.....that’s worse than the price here in Canada
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