$7/gallon gas is coming

[Anonymous]

Anonymous wrote:OP’s $7 a gallon is clear not materializing and Biden is refilling the reserves at a far better price.

It’s like going back and highlighting posts of people who were certain that the Republicans would dominate in the midterms. It’s just a lot of fun. Smart people would at some point examine their beliefs and why they hold them; Republicans put their heads in the Fox sands.

And the reserves need to be used and refilled. Gasoline deteriorates over time.

This looks like it all worked out.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP’s $7 a gallon is clear not materializing and Biden is refilling the reserves at a far better price.

It’s like going back and highlighting posts of people who were certain that the Republicans would dominate in the midterms. It’s just a lot of fun. Smart people would at some point examine their beliefs and why they hold them; Republicans put their heads in the Fox sands.

And the reserves need to be used and refilled. Gasoline deteriorates over time.

This looks like it all worked out.

The SPR consists of crude oil, not refined products.

[Anonymous]

Anonymous wrote:
And the reserves need to be used and refilled. Gasoline deteriorates over time.

False. It damages the SPR to use it and refill it. It is designed for emergency purposes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
And the reserves need to be used and refilled. Gasoline deteriorates over time.

False. It damages the SPR to use it and refill it. It is designed for emergency purposes.

Uh, she was referring to the physical need to use a produce before it begins to deteriorate. You know nothing of chemistry of physics, do you?

[Anonymous]

Anonymous wrote:

Anonymous wrote:
And the reserves need to be used and refilled. Gasoline deteriorates over time.

False. It damages the SPR to use it and refill it. It is designed for emergency purposes.

Damages it? Citation?

[Anonymous]

I guess he doesn't understand selling for a profit.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP’s $7 a gallon is clear not materializing and Biden is refilling the reserves at a far better price.

It’s like going back and highlighting posts of people who were certain that the Republicans would dominate in the midterms. It’s just a lot of fun. Smart people would at some point examine their beliefs and why they hold them; Republicans put their heads in the Fox sands.

And the reserves need to be used and refilled. Gasoline deteriorates over time.

This looks like it all worked out.

The SPR consists of crude oil, not refined products.

Buy low, sell high

The US made $4 billion selling oil this year on President Biden's unprecedented releases from the Strategic Petroleum Reserve
https://markets.businessinsider.com/news/commodities/us-crude-oil-profit-strategic-petroleum-reserve-releases-crude-joe-biden-2022-12

The US government has pocketed a roughly $4 billion windfall from sales of crude this year out of the Strategic Petroleum Reserve.

In the week ending December 9, the US released about 4.7 million barrels of crude, and the Energy Department has said it will conclude deliveries this month. 

Since President Joe Biden tapped into the reserves in March — just after Russia's invasion of Ukraine — the US has sold 180 million barrels of crude at an average price of $96.25 per barrel, per The Wall Street Journal. 

... A senior administration official told the Journal that the Energy Department has the latitude to wait for lower market prices before it begins buying up oil to refill the SPR. 

[Anonymous]

And it is collapsing IN THE MIDDLE OF THE WINTER

[Anonymous]

Anonymous wrote:OP’s $7 a gallon is clear not materializing and Biden is refilling the reserves at a far better price.

It’s like going back and highlighting posts of people who were certain that the Republicans would dominate in the midterms. It’s just a lot of fun. Smart people would at some point examine their beliefs and why they hold them; Republicans put their heads in the Fox sands.

Gas did hit $7/gallon in CA and WA when the original post was written.

[Anonymous]

Anonymous wrote:

And it is collapsing IN THE MIDDLE OF THE WINTER

What is the reason for this?

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP’s $7 a gallon is clear not materializing and Biden is refilling the reserves at a far better price.

It’s like going back and highlighting posts of people who were certain that the Republicans would dominate in the midterms. It’s just a lot of fun. Smart people would at some point examine their beliefs and why they hold them; Republicans put their heads in the Fox sands.

Gas did hit $7/gallon in CA and WA when the original post was written.

Nope, according to AAA

Gas prices in Los Angeles County reached a record high Monday as the cost for a gallon of regular increased eight-tenths of a cent overnight to $6.467, according to data from the American Automobile Assn. The previous high was $6.462, set on June 14.

Gas prices receded thereafter.

gas never hi $7.

Sorry, facts matter.

[Anonymous]

Why are gas prices rising so quickly?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP’s $7 a gallon is clear not materializing and Biden is refilling the reserves at a far better price.

It’s like going back and highlighting posts of people who were certain that the Republicans would dominate in the midterms. It’s just a lot of fun. Smart people would at some point examine their beliefs and why they hold them; Republicans put their heads in the Fox sands.

And the reserves need to be used and refilled. Gasoline deteriorates over time.

This looks like it all worked out.

The SPR consists of crude oil, not refined products.

Buy low, sell high

The US made $4 billion selling oil this year on President Biden's unprecedented releases from the Strategic Petroleum Reserve
https://markets.businessinsider.com/news/commodities/us-crude-oil-profit-strategic-petroleum-reserve-releases-crude-joe-biden-2022-12

The US government has pocketed a roughly $4 billion windfall from sales of crude this year out of the Strategic Petroleum Reserve.

In the week ending December 9, the US released about 4.7 million barrels of crude, and the Energy Department has said it will conclude deliveries this month. 

Since President Joe Biden tapped into the reserves in March — just after Russia's invasion of Ukraine — the US has sold 180 million barrels of crude at an average price of $96.25 per barrel, per The Wall Street Journal. 

... A senior administration official told the Journal that the Energy Department has the latitude to wait for lower market prices before it begins buying up oil to refill the SPR. 

Trump wanted to fill at $20 a barrel but Democrats rejected it, calling it a bailout of big oil. Now they are bragging about buying at $70 and turning a profit. They haven't actually turned the profit yet because they didn't do the purchase half.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP’s $7 a gallon is clear not materializing and Biden is refilling the reserves at a far better price.

It’s like going back and highlighting posts of people who were certain that the Republicans would dominate in the midterms. It’s just a lot of fun. Smart people would at some point examine their beliefs and why they hold them; Republicans put their heads in the Fox sands.

And the reserves need to be used and refilled. Gasoline deteriorates over time.

This looks like it all worked out.

The SPR consists of crude oil, not refined products.

Buy low, sell high

The US made $4 billion selling oil this year on President Biden's unprecedented releases from the Strategic Petroleum Reserve
https://markets.businessinsider.com/news/commodities/us-crude-oil-profit-strategic-petroleum-reserve-releases-crude-joe-biden-2022-12

The US government has pocketed a roughly $4 billion windfall from sales of crude this year out of the Strategic Petroleum Reserve.

In the week ending December 9, the US released about 4.7 million barrels of crude, and the Energy Department has said it will conclude deliveries this month. 

Since President Joe Biden tapped into the reserves in March — just after Russia's invasion of Ukraine — the US has sold 180 million barrels of crude at an average price of $96.25 per barrel, per The Wall Street Journal. 

... A senior administration official told the Journal that the Energy Department has the latitude to wait for lower market prices before it begins buying up oil to refill the SPR. 

Trump wanted to fill at $20 a barrel but Democrats rejected it, calling it a bailout of big oil. Now they are bragging about buying at $70 and turning a profit. They haven't actually turned the profit yet because they didn't do the purchase half.

Yes they did. Why do you continue to perpetuate lies?

[Anonymous]

Anonymous wrote:Why are gas prices rising so quickly?