$7/gallon gas is coming

[Anonymous]

Anonymous wrote:I drive a small sedan. It cost me $75 to fill up my tank, and I am TRULY lucky this will last me 2-3 weeks as I work mostly from home. This is absolutely absurd and must be hurting people. I will be voting accordingly.

Vote Democratic. This is price gouging and the GOP voted down banning price gouging.

Guess what: it’s price gouging!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden stop the pipelines and oil leases.

Biden hurting my family. we cannot afford a tesla.

I’m sorry comrade. Please enjoy your Lada.

You hate American people and make snide remark. I am legal immigrant naturalized citizen.

I love this country and I love its history.

Work harder and stop wasting time on the internet.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I drive a small sedan. It cost me $75 to fill up my tank, and I am TRULY lucky this will last me 2-3 weeks as I work mostly from home. This is absolutely absurd and must be hurting people. I will be voting accordingly.

Vote Democratic. This is price gouging and the GOP voted down banning price gouging.

Guess what: it’s price gouging!

We need evidence that this is price gouging.
And, we need more than a random twitterer saying he saw it on NBC (which frequently has difficulty with facts).

[Anonymous]

Anonymous wrote:

Anonymous wrote:Since the Overlord locked the Biden Poll thread...

Honestly... I am surprised it is as high as it is.

Just shows how many democrats hate this administration.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I drive a small sedan. It cost me $75 to fill up my tank, and I am TRULY lucky this will last me 2-3 weeks as I work mostly from home. This is absolutely absurd and must be hurting people. I will be voting accordingly.

Vote Democratic. This is price gouging and the GOP voted down banning price gouging.

Guess what: it’s price gouging!

We need evidence that this is price gouging.
And, we need more than a random twitterer saying he saw it on NBC (which frequently has difficulty with facts).

The facts won’t move you when you’re determined to destroy the Democrats and America.
“ Supply-chain snags. Overwhelming demand. Insufficient crude oil production. Refinery backlogs. A handful of factors have been blamed for soaring gas prices, which have headlined the suffocating inflation of the past year. Yet the blame for the price surge is quickly shifting toward gas companies and their profits.”
https://www.businessinsider.com/gas-prices-oil-company-profits-skyrocketing-energy-sector-earnings-charts-2022-5

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I drive a small sedan. It cost me $75 to fill up my tank, and I am TRULY lucky this will last me 2-3 weeks as I work mostly from home. This is absolutely absurd and must be hurting people. I will be voting accordingly.

Vote Democratic. This is price gouging and the GOP voted down banning price gouging.

Guess what: it’s price gouging!

We need evidence that this is price gouging.
And, we need more than a random twitterer saying he saw it on NBC (which frequently has difficulty with facts).

You understand these are publicly traded companies with SEC filing requirements, right?

[Anonymous]

One of the principle reasons for historic profits is lack of meaningful reinvestment by the oil industry. They aren’t going to build new refineries. They aren’t going to drill new wells. They’re not going to upgrade their infrastructure with major capital expenditures. Instead they’re sending billions on dividends and stock buybacks.

[Anonymous]

Anonymous wrote:One of the principle reasons for historic profits is lack of meaningful reinvestment by the oil industry. They aren’t going to build new refineries. They aren’t going to drill new wells. They’re not going to upgrade their infrastructure with major capital expenditures. Instead they’re sending billions on dividends and stock buybacks.

Oil industry is very much a boom/bust industry. They had losses for most of 2020.

My mom inherited some part ownership of an oil well and this past year is the first year in many years she is not losing money on it- in prior years, the cost of the oil recovered from that well didn't cover the costs to operate the well and she actually had to send them money. (Note-she would have offloaded it years ago but she has no idea how to sell it).

[Anonymous]

Another record for Joe.

[Anonymous]

Anonymous wrote:Another record for Joe.

Oops.... Looks like it is even higher.

[Anonymous]

Anonymous wrote:Another record for Joe.

It’s unfortunate that the GOP won’t address the real problems: our over reliance on oil and their refusal to address price gouging. 300% profits just in the first quarter. Huh.

[Anonymous]

[Anonymous]

"Alexa, why are gas prices so high?"

[Anonymous]

Anonymous wrote:"Alexa, why are gas prices so high?"

Why does a profitable industry need subsidies? That’s socialism.

If the industry can’t survive, it needs to be nationalized.

[Anonymous]