National Average Price of Gasoline Hits an All-Time High

#2,728
#2,728
hog88 said:
I know a guy that runs one of the fireworks stands here in town. Said it was the worst year he’s ever had.
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I was in Vegas last night and have never seen it more crowded. Sunday night at midnight at Bellagio every table was occupied, black jack, etc. Every slot machine going. And the hallways crowded like it was Friday at 8 pm. Just crazy. You'd never know there was a recession going on.
 
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#2,730
#2,730
lawgator1 said:
I was in Vegas last night and have never seen it more crowded. Sunday night at midnight at Bellagio every table was occupied, black jack, etc. Every slot machine going. And the hallways crowded like it was Friday at 8 pm. Just crazy. You'd never know there was a recession going on.
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Thanks to Joe Biden, right, LG?
 
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#2,731
#2,731
lawgator1 said:
I was in Vegas last night and have never seen it more crowded. Sunday night at midnight at Bellagio every table was occupied, black jack, etc. Every slot machine going. And the hallways crowded like it was Friday at 8 pm. Just crazy. You'd never know there was a recession going on.
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Aren't casinos typically crowded Sun pm before a national holiday on Monday?

Yes. The answer is yes.
 
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#2,735
#2,735
Carl Pickens said:
The things going on right now are so idiotic there’s no chance they’re not being done on purpose. These bastards are trying to destroy America
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I am confused by the frustration here. The release was never meant to just be free oil handed to Americans. It was selling the oil on the market to increase supplies. It's dumb. Has little impact on price. But it's going to be sold on the open market
 
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#2,737
#2,737
volfanhill said:
I am confused by the frustration here. The release was never meant to just be free oil handed to Americans. It was selling the oil on the market to increase supplies. It's dumb. Has little impact on price. But it's going to be sold on the open market
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So why not sell it at home since it is from the strategic reserve? It’s ridiculous as is the DOJ suing Arizona over their law requiring proof of citizenship in order to vote in federal elections.
 
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#2,738
#2,738
Carl Pickens said:
So why not sell it at home since it is from the strategic reserve? It’s ridiculous as is the DOJ suing Arizona over their law requiring proof of citizenship in order to vote in federal elections.
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It's global commodity market. You could sell it home and it wouldn't matter. You are just shifting costs. What we pay for oil wouldn't change. It's barley a dent in our consumption. By releasing the oil you are simply increasing the total amount available on the world market. If you limited it to US only, then the other millions not given from the reserve would still pay market value. It's a non argument. The whole goal is to increase supply to lowers costs. Doesn't matter who buys it.
 
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#2,740
#2,740
volfanhill said:
It's global commodity market. You could sell it home and it wouldn't matter. You are just shifting costs. What we pay for oil wouldn't change. It's barley a dent in our consumption. By releasing the oil you are simply increasing the total amount available on the world market. If you limited it to US only, then the other millions not given from the reserve would still pay market value. It's a non argument. The whole goal is to increase supply to lowers costs. Doesn't matter who buys it.
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Why release our “ strategic reserves” into the world market when the Saudis , Venezuela, Russia , Iran or the Norwegian oil fields being shut down could off set that with a flick of a switch ? I mean I see the worth of the political headlines , but in reality…
 
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#2,741
#2,741
0nelilreb said:
Why release our “ strategic reserves” into the world market when the Saudis , Venezuela, Russia , Iran or the Norwegian oil fields being shut down could off set that with a flick of a switch ? I mean I see the worth of the political headlines , but in reality…
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You said it yourself, it was for political headlines.

But hill is correct when oil is sold it’s sold on the world market so the outrage over that is silly.
 
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#2,742
#2,742
hog88 said:
You said it yourself, it was for political headlines.

But hill is correct when oil is sold it’s sold on the world market so the outrage over that is silly.
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As far as the Feds go , Biden ( his handlers ) would be smarter to stop fckin with the people that have his nuts in a vise , keep our strategic reserves stored , and take his lumps . Openly saying he’s going to shut down fossil fuel, then hammering big oil to produce more for us is just beyond stupid and there’s not a government news media ( CNN ) big enough to help explain that away . These utopian free thinkers that only bother to come up with the ideas but not the plans to make it happen kill me .. “
let’s shut it all down , save the planet , think of the children , oh sh!t wait we need more oil and gas , why are you so greedy , make more gas to help the kids out you monsters “ . Idiots , straight up idiots .
 
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#2,744
#2,744
volfanhill said:
It's global commodity market. You could sell it home and it wouldn't matter. You are just shifting costs. What we pay for oil wouldn't change. It's barley a dent in our consumption. By releasing the oil you are simply increasing the total amount available on the world market. If you limited it to US only, then the other millions not given from the reserve would still pay market value. It's a non argument. The whole goal is to increase supply to lowers costs. Doesn't matter who buys it.
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How do markets work?
 
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