National Average Price of Gasoline Hits an All-Time High

#2,001
#2,001
clt_tiger said:
I’m with ya…
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Solid!
 
#2,002
#2,002
Saw last night gas prices where I am went from 4.75 to 4.89 overnight.

We’ll be at 5 dollars soon.
 
#2,003
#2,003
Reading an article this morning, the thought had never really occurred to me. In the wake of trendy “woke” investing by large asset managers that control most of the shares/votes cast at annual corporate meetings, much of it related to climate change, the largest three AMs were successful in electing three “dissident” directors to Exxon Mobil’s board. Subsequently, Exxon then reduced its oil production targets through 2025 downward from its original targets. So if we want to blame oil companies for price gouging in an already capital intense industry in a massive inflationary environment, consider the unintended consequences of the hand that’s dealt them by woke board members. Everything has a price.
 
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#2,005
#2,005
Vol737 said:
Reading an article this morning, the thought had never really occurred to me. In the wake of trendy “woke” investing by large asset managers that control most of the shares/votes cast at annual corporate meetings, much of it related to climate change, the largest three AMs were successful in electing three “dissident” directors to Exxon Mobil’s board. Subsequently, Exxon then reduced its oil production targets through 2025 downward from its original targets. So if we want to blame oil companies for price gouging in an already capital intense industry in a massive inflationary environment, consider the unintended consequences of the hand that’s dealt them by woke board members. Everything has a price.
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A healthy hatred should be developed for the Green people. If you want to sustain your life at levels you are used to.
 
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#2,006
#2,006
Vol737 said:
Reading an article this morning, the thought had never really occurred to me. In the wake of trendy “woke” investing by large asset managers that control most of the shares/votes cast at annual corporate meetings, much of it related to climate change, the largest three AMs were successful in electing three “dissident” directors to Exxon Mobil’s board. Subsequently, Exxon then reduced its oil production targets through 2025 downward from its original targets. So if we want to blame oil companies for price gouging in an already capital intense industry in a massive inflationary environment, consider the unintended consequences of the hand that’s dealt them by woke board members. Everything has a price.
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Can you link it?
 
#2,008
#2,008
Vol737 said:
Reading an article this morning, the thought had never really occurred to me. In the wake of trendy “woke” investing by large asset managers that control most of the shares/votes cast at annual corporate meetings, much of it related to climate change, the largest three AMs were successful in electing three “dissident” directors to Exxon Mobil’s board. Subsequently, Exxon then reduced its oil production targets through 2025 downward from its original targets. So if we want to blame oil companies for price gouging in an already capital intense industry in a massive inflationary environment, consider the unintended consequences of the hand that’s dealt them by woke board members. Everything has a price.
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So, coincidentally, this came up on my YouTube feed. Interesting since it’s related to Pilot/Flying J and also to what I posted above wrt the investment side effects on the energy markets. A lot more in play with current energy prices, including politics.

 
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#2,018
#2,018
I love how core inflation is defined as inflation excluding the effects of changes in food and energy prices. What is MORE core than food and energy prices? Every single human requires food and energy to survive. Core inflation figures are absolute 100% worthless BS.
 
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#2,019
#2,019
AM64 said:
What does "Putin's price hike" even mean? Current reports say Russia has discounted oil to the point they are likely selling it at a loss to countries still buying it.
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It means that Biden is trying to blame all U.S. inflation on Putin despite the fact that the overwhelming majority of the inflation had already occurred prior to Putin doing a damn thing.
 
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#2,020
#2,020
Vol423 said:
I love how core inflation is defined as inflation excluding the effects of changes in food and energy prices. What is MORE core than food and energy prices? Every single human requires food and energy to survive. Core inflation figures are absolute 100% worthless BS.
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Core inflation is the total increase in prices of goods and services that will show the least impact of price increases to make policy makers sound smart.
 
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#2,021
#2,021
hog88 said:
Guy that lives down the road from me, back of our properties butt up to each other works on the north slope. He's an engineer, works 2 weeks on and 2 weeks off makes a freeking killing.
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I took a training class eons ago with a guy that worked on the north slope. He lived in Anchorage and took a flight every two weeks there and back, and yeah, he made a small fortune. The more you sacrifice, the more you make, I can attest to that.
 
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