Recruiting forum off topic thread (no politics, covid, or hot button issues)

[InVOLuntary]

Your non-sequitur makes me feel like I’ve helped lead to some production conversation cause everyone went from acting like high oil prices caused by a war is due to hippies to changing to “well drilling more would help a small amount and be worth it” which is good progress lol

Lol. Gas prices were rising well before the war. It started literally when this administration started implementing their energy policies.

 

[Bassmaster_Vol]

View attachment 437789

“Hahahahahaha poor people are struggling ahahahahaha” - @Jackcrevol

 

[Bassmaster_Vol]

Lol. Gas prices were rising well before the war. It started literally when this administration started implementing their energy policies.

Literally day 1

 

[InVOLuntary]

Literally day 1

Speculators knew.

 

[orangejuice]

So when Domestic Oil production was wide open and we were able to produce our own energy gas prices were $1.80- $2.20 range. Now we are at the mercy of people who hate us and gas is around $4. BUT, producing our own energy will have NO effect on Oil and Gas prices. Got it. Thanks for enlightening us.

Apparently I can’t disagree with you opinion on this…anyway since my last post got deleted, I’ll make a less intelligent one. Relegating this to politics instead of basic economics is ridiculous.

 

[omghulkhands]

Lol. Gas prices were rising well before the war. It started literally when this administration started implementing their energy policies.

I’m not interested in making it about political parties.

But the math doesn’t check out that energy policies in the US (which makes up 20% of the global production) would have such seismic effects that it increase global prices 100%

It makes sense if you have confirmation bias though.

 

[Jackcrevol]

“Hahahahahaha poor people are struggling ahahahahaha” - @Jackcrevol

says the guy paying to drive to TBA on $4 per gallon gas to watch Vols play.

I drive a Honda btw.

 

[Bassmaster_Vol]

says the guy paying to drive to TBA on $4 per gallon gas to watch Vols play.

I drive a Honda btw.

I know. My wife shouldn’t be able to do that for me on my birthday, right? It’s good that prices are rising and people are suffering. We shouldn’t be able to do things we enjoy

 

[GiggerVol]

Lol. Gas prices were rising well before the war. It started literally when this administration started implementing their energy policies.

EXACTLY

 

[Leeleesteeth]

Apparently I can’t disagree with you opinion on this…anyway since my last post got deleted, I’ll make a less intelligent one. Relegating this to politics instead of basic economics is ridiculous.

Well, since mine got deleted too, my opinion has nothing to do with politics. But, probably best just to agree to disagree.

 

[tnvols72]

Lol. Gas prices were rising well before the war. It started literally when this administration started implementing their energy policies.

Day 1 and its only going to get worse

 

[InVOLuntary]

I’m not interested in making it about political parties.

But the math doesn’t check out that energy policies in the US (which makes up 20% of the global production) would have such seismic effects that it increase global prices 100%

It makes sense if you have confirmation bias though.

Ok

 

[Ten_Titans]

How is that BS? It’s basic economics?

Gas in the Netherlands, Norway etc.. is like $10 per gallon. And people pay that.

Which means if you mine it in the US, it’s more profitable to sell it a place like that than here.

That's a crazy statement man.

Fresh Atlantic salmon is way cheaper in Ontario than here. Which means it's more profitable to sell it here than there? Obviously it doesn't mean that at all.

 

[jave36]

How is that BS? It’s basic economics?

Gas in the Netherlands, Norway etc.. is like $10 per gallon. And people pay that.

Which means if you mine it in the US, it’s more profitable to sell it a place like that than here.

If Russia starts reducing their oil supply and a country dependent on it like say, Latvia has to now buy Canadian oil, supply/demand dictate prices will go up for all Canadian oil buyers.

Now think about that ad naseum

You don't think maybe taxes, local transportation costs, taxes, downstream costs, more taxes, etc...affect the final price at the pump? The refined and crude price is a global commodity. Companies in the Netherlands pay exactly the same as companies in other countries when they buy any commodity on the global market.

 

[GiggerVol]

Not only will it be decades before a very large percentage of the population starts buying electric autos, but it will take decades to overhaul and upgrade the nation's electric power grid as well. Heck, there's pockets that lose electricity over and over now due to extreme cold spells or hot spells. I believe we will always use and need a supply of natural gas. FWIW, we love our gas water heater, stove and fireplace(extremely valuable for those outages). And besides, as John Ward made clear to us all growing up, Natural Gas is the best! It also happens to be the Vol Network's longest running sponsor if I'm not mistaken.

 

[omghulkhands]

That's a crazy statement man.

Fresh Atlantic salmon is way cheaper in Ontario than here. Which means it's more profitable to sell it here than there? Obviously it doesn't mean that at all.

Is it?

In 2003, oil exports were worth 0.16% of the value of oil imports. In 2021, that percentage was 52.12%, the third consecutive year above 50%.

Exporting oil is very lucrative. That’s a fact. I don’t know what point you’re even arguing

 

[omghulkhands]

You don't think maybe taxes, local transportation costs, taxes, downstream costs, more taxes, etc...affect the final price at the pump? The refined and crude price is a global commodity. Companies in the Netherlands pay exactly the same as companies in other countries when they buy any commodity on the global market.

100% correct. The prices they pay point was more about understanding that countries want it. Badly.

 

[bignewt]

Should feed your kids better.

No kids. Sold them to buy the land.

 

[jave36]

100% correct. The prices they pay point was more about understanding that countries want it. Badly.

But it's not more profitable for oil companies to sell it to the Netherlands than it is to sell it to anyone else. Oil companies charge the same wholesale price to everyone. If anything, the Netherlands quantity demanded of oil is LESS than elsewhere because of high pump prices, it's not a sign that they want it more badly than anyone else.

 

[InVOLuntary]

No kids. Sold them to buy the land.

Is that on your property in the mountains?

 

[omghulkhands]

But it's not more profitable for oil companies to sell it to the Netherlands than it is to sell it to anyone else. Oil companies charge the same wholesale price to everyone. If anything, the Netherlands quantity demanded of oil is LESS than elsewhere because of high pump prices, it's not a sign that they want it more badly than anyone else.

correct. It’s not more profitable to sell it to the Netherlands. It’s profitable to sell it on global markets because of countries like the Netherlands who produce little to none and buy on the markets.

 

[Devo182]

I’m not interested in making it about political parties.

But the math doesn’t check out that energy policies in the US (which makes up 20% of the global production) would have such seismic effects that it increase global prices 100%

It makes sense if you have confirmation bias though.

Yup. Started in late 2020. Suppliers all over made global forecasts for continuing reduced consumption for 2021. Those forecasts were misplaced, as people got back out and started consuming again. Too little supply, increased demand. Increasing prices throughout 2021. Now this. As someone said earlier, will take time to re-calibrate. And that's assuming a fairly normalized future.

 

[Ulysees E. McGill]

That's what I meant by technology gains over time. Vehicles will drive greater distances and pull more stuff. It takes 10 min to fill up your car's fuel tank but hours to recharge batteries. Technology will cut that time down eventually. Sometime in the future, you'll be able to stop for lunch on a trip and charge to 100% while taking 30 min to eat.

Gas/diesel will have a place for the foreseeable future. However if you replace the commuter car, the one that people drive to work and back, and to the store and back, with an EV you can significantly reduce the need for gasoline. If you've ever ridden in a modern EV they're amazing. Huge amounts of performance. 100s of miles per gallon ($ equivalents). You can plug in your Ford f150 lightening to power your house in the event of a power outage.

It's not going to happen over night but it's coming.

I have no problem with EVs, I wish I could afford one to drive around home, but I don't think affordable EVs will ever have short enough charge times, or the long distance capability needed to quickly travel across the country, especially not pulling heavy loads.

 

[OrangenSC]

Exhibit A why I’m not doing an RV trip this summer.

I briefly considered cancelling our trip to the west coast and Canada this year. But then a few realities hit me.
-Life is too short, we're not guaranteed next year. And we certainly aren't guaranteed that our health will allow us to enjoy the trip next year.
-There's also no guarantee that prices will be significantly lower next year than they will be this summer. (I'll leave the gov administration out of this, but...)
-Gas prices are only one expense of such a trip, a large one but still only one.
-Maybe a lot of other people will decide to stay home and the parks and roads, etc. will be less crowded. In fact, if enough people stop traveling, demand will decrease and maybe prices will come down a bit.

 

[drvenner]

I briefly considered cancelling our trip to the west coast and Canada this year. But then a few realities hit me.
-Life is too short, we're not guaranteed next year. And we certainly aren't guaranteed that our health will allow us to enjoy the trip next year.
-There's also no guarantee that prices will be significantly lower next year than they will be this summer. (I'll leave the gov administration out of this, but...)
-Gas prices are only one expense of such a trip, a large one but still only one.
-Maybe a lot of other people will decide to stay home and the parks and roads, etc. will be less crowded. In fact, if enough people stop traveling, demand will decrease and maybe prices will come down a bit.

Just please share some pictures and enjoy this fabulous trip. You have more than earned it.