Gas is up

[Anonymous]

Anonymous wrote:

It all BS. All these experts have been wrong and crying wolf. I don’t believe them anymore.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

It all BS. All these experts have been wrong and crying wolf. I don’t believe them anymore.

Exactly, the Middle East as an oil-producing region is just more fake news. MAGA on!

[Anonymous]

You don't believe that the US strategic reserves have been drained and that the US could actually run out of gas?

[Anonymous]

US has plenty of home drilled oil. Surely US corporations wouldn't sell that oil to foreigners!

[Anonymous]

Anonymous wrote:US has plenty of home drilled oil. Surely US corporations wouldn't sell that oil to foreigners!

and it will be $7-10/gal...what is your point?

[Anonymous]

Anonymous wrote:

This is a feature, not a bug. Payback to donors.

[Anonymous]

Anonymous wrote:You don't believe that the US strategic reserves have been drained and that the US could actually run out of gas?

Hmm, what happened last time we had an GOP administration who threw away all pandemic prep plans from all previous administrations?

[Anonymous]

Anonymous wrote:

Anonymous wrote:You don't believe that the US strategic reserves have been drained and that the US could actually run out of gas?

Hmm, what happened last time we had an GOP administration who threw away all pandemic prep plans from all previous administrations?

The economy crashed and it was left to dems to clean up the mess (again)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

It all BS. All these experts have been wrong and crying wolf. I don’t believe them anymore.

$80 oil as of today. By next week it will be down to $55. Every is good to go!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

It all BS. All these experts have been wrong and crying wolf. I don’t believe them anymore.

It’s not just the price at the pump, but how it affects the global economy. Think of things like fertilizers, supply chains and the food supply.

[Anonymous]

BREAKING: U.S. SPR declines 7.9 million barrels in the last week to 349.2 million as of June 5, meaning that at any moment in the next few days the SPR will decline to its lowest since 1983, when it was being filled for the first time.


I guess trump is going to run it down to zero and then we won't have any oil reserves. Yay, or something.

[Anonymous]

U.S. Gasoline Inventories Are Falling at a Record Pace

By Robert Rapier - Jun 08, 2026, 9:00 AM CDT
U.S. gasoline inventories fell by 47.5 million barrels between early February and late May, a drawdown that is unprecedented in EIA weekly data going back to 1990.
Strong refinery utilization and relatively flat gasoline demand have not prevented inventories from declining, suggesting other factors are contributing to the draw.
Elevated exports, tight global energy markets, and low distillate inventories have reduced the margin for error heading into the summer driving season.

https://oilprice.com/Energy/Energy-General/US-Gasoline-Inventories-Are-Falling-at-a-Record-Pace.html

[Anonymous]

The Countdown to a Major Oil Price Surge Has Begun

By Kurt Cobb - Jun 08, 2026, 11:00 AM CDT
Commercial oil inventories are being drawn down at an unusually rapid pace to compensate for supply losses linked to the closure of the Strait of Hormuz.
The world could soon approach operational inventory thresholds where supply chains become stressed, volatility rises, and fuel shortages emerge.
Markets remain overly optimistic about a quick resolution, leaving oil prices vulnerable to a sharp upward repricing.

https://oilprice.com/Energy/Energy-General/The-Countdown-to-a-Major-Oil-Price-Surge-Has-Begun.html

Do you believe them anymore? They have been saying this for a long time now and prices are very low.

[Anonymous]

[Anonymous]