War in Ukraine

#19,601
#19,601
clarksvol00 said:
Yeah, Im definitely going to avoid your nfl question about somebody who retired when i was a child.
You havent asked me to call it out, but FYI I opposed the US invading Iraq 20 years ago, which seems to be the standard Ukraine "both sides" argument, just like I opposed Russia invading Ukraine today.
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You didn't have to avoid it. The popular answer would be Johnson and Sharpe are the best two out of the 4. Once again I don't take the popular and mainstream route.

I was also ignorant to everything that was going on over in Donbass until about a year ago. I know Putin has been meddling in that region (Ukraine, Belarus, Georgia, etc) but so have other countries. I've not even hardly watched or read any of the more conservative news outlets since this has started either. Covid hasn't disappeared either like some people think. They will ramp that up again when they feel it's necessary.
 
#19,602
#19,602
volinbham said:
btw - even gas buddy isn't supporting the 3.89 given that Kroger and Walmart are based on membership discounts and the other below 3.90 is cash only. Now if any of those were 4.49 last week I'll offer my official retraction and apology
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I've seen at least a twenty five cent drop in two and a half weeks at local stations. No discounts, no membership. 4.09 before i Ieft for vacation, 3.80 +/- now. Average for regular has dropped fifteen cents in a week. I definitely think gouging may be involved in certain areas, but that's an issue that would involve more government intervention to tackle.
 
#19,603
#19,603
DonjoVol said:
You didn't have to avoid it. The popular answer would be Johnson and Sharpe are the best two out of the 4. Once again I don't take the popular and mainstream route.

I was also ignorant to everything that was going on over in Donbass until about a year ago. I know Putin has been meddling in that region (Ukraine, Belarus, Georgia, etc) but so have other countries. I've not even hardly watched or read any of the more conservative news outlets since this has started either. Covid hasn't disappeared either like some people think. They will ramp that up again when they feel it's necessary.
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I don't care about the popular answer, I can't give an informed answer so I'm not going to make something up.
 
#19,604
#19,604
clarksvol00 said:
I've seen at least a twenty five cent drop in two and a half weeks at local stations. No discounts, no membership. 4.09 before i Ieft for vacation, 3.80 +/- now. Average for regular has dropped fifteen cents in a week. I definitely think gouging may be involved in certain areas, but that's an issue that would involve more government intervention to tackle.
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okay - compare 25 cents over 2.5 weeks to 60 cents over 1 week. Georgia is showing on average 17 cents over a week which is good. 60 cents is almost 4x that. Seems to be miraculous. The Gas Buddy data linked shows that surrounding stations to the ones in link are more typically 4.11 (which is the county average) or so. Hard to imagine that the low price stations of today were the high price local stations of a week ago.

prices are down which is good - VFH and I were just reacting to what seems to be a claimed crazy big drop that no one else anywhere is seeing.

unfortunately given oil prices going up today I'm guessing gas prices will head back up or at least halt the slide.
 
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#19,606
#19,606
volinbham said:
okay - compare 25 cents over 2.5 weeks to 60 cents over 1 week. Georgia is showing on average 17 cents over a week which is good. 60 cents is almost 4x that. Seems to be miraculous. The Gas Buddy data linked shows that surrounding stations to the ones in link are more typically 4.11 (which is the county average) or so. Hard to imagine that the low price stations of today were the high price local stations of a week ago.

prices are down which is good - VFH and I were just reacting to what seems to be a claimed crazy big drop that no one else anywhere is seeing.

unfortunately given oil prices going up today I'm guessing gas prices will head back up or at least halt the slide.
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volinbham said:
okay - compare 25 cents over 2.5 weeks to 60 cents over 1 week. Georgia is showing on average 17 cents over a week which is good. 60 cents is almost 4x that. Seems to be miraculous. The Gas Buddy data linked shows that surrounding stations to the ones in link are more typically 4.11 (which is the county average) or so. Hard to imagine that the low price stations of today were the high price local stations of a week ago.

prices are down which is good - VFH and I were just reacting to what seems to be a claimed crazy big drop that no one else anywhere is seeing.

unfortunately given oil prices going up today I'm guessing gas prices will head back up or at least halt the slide.
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Once again, I don't doubt Luther's claim that gouging may have happened in his area. I think day to day oil prices are less important than long run, so I'll take a wait and see approach.
 
#19,609
#19,609
clarksvol00 said:
Once again, I don't doubt Luther's claim that gouging may have happened in his area. I think day to day oil prices are less important than long run, so I'll take a wait and see approach.
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I'll let it go but it's not about gouging in the area - it's that specific stations went from way above those in the area to way below in one week (per the claim). I suspect the low ones are generally low - particularly a place like Walmart or Kroger where it's a loss leader to get people in the store. The average in his county was 4.25ish last week so his local Kroger had to go from 4.49 (well above the average) to 3.89 in one week for the story to jibe. Hard to imagine Kroger sets gas policy week by week on a "this week we'll be way above the competition and next week we'll be way below".
 
#19,613
#19,613
volinbham said:
I'll let it go but it's not about gouging in the area - it's that specific stations went from way above those in the area to way below in one week (per the claim). I suspect the low ones are generally low - particularly a place like Walmart or Kroger where it's a loss leader to get people in the store. The average in his county was 4.25ish last week so his local Kroger had to go from 4.49 (well above the average) to 3.89 in one week for the story to jibe. Hard to imagine Kroger sets gas policy week by week on a "this week we'll be way above the competition and next week we'll be way below".
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All I can say is I've seen at least a twenty five cent drop at one station in two weeks which is significant and depending on the distributor, franchisee, etc., I could see it being more.
 
#19,615
#19,615
kiddiedoc said:
This is hilarious. Gas is only $4.00 now, so we should all be happy. Just like the job creation numbers when everyone disallowed from working was allowed to go back to work.

Sometimes I wonder if we have some Kindergartners on the board.
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I'd prefer to see gas prices falling rather than rising. I guess I'm a kindergartener.
 
#19,617
#19,617
What steps should the government be taking to lower gas prices immediately? Keystone is a big complaint, but if allowed it would be 2 years before completed. How many untapped domestic leases are available to the oil companies that aren't being used (if any) versus what they claim to need (if any) to lower prices?
 
#19,619
#19,619
clarksvol00 said:
What steps should the government be taking to lower gas prices immediately? Keystone is a big complaint, but if allowed it would be 2 years before completed. How many untapped domestic leases are available to the oil companies that aren't being used (if any) versus what they claim to need (if any) to lower prices?
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Biggest step would be a change in tone about fossil fuels followed by increased permitting for drilling. The "we won't expand production" tone tells the market that any increase in production will have to come from less stable/desirable sources (Iran, Venezuela, etc). The market prices in the instability.

The lease thing is a bit of a red herring since a lease does not even guarantee exploration activities let alone production permits. Permits are currently being held up.

Just a start. These won't "lower gas prices immediately" but they will put downward pressure on the price of oil which in turn reduces the price of gasoline.

If they want to immediately reduce the effective price they could waive the Federal tax per gallon but that's a bandaid to a longer term problem of being hostile to domestic production.

BTW, if they hadn't put the kibash on Keystone it would be coming on line soon.
 
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#19,622
#19,622
volinbham said:
Biggest step would be a change in tone about fossil fuels followed by increased permitting for drilling. The "we won't expand production" tone tells the market that any increase in production will have to come from less stable/desirable sources (Iran, Venezuela, etc). The market prices in the instability.

The lease thing is a bit of a red herring since a lease does not even guarantee exploration activities let alone production permits. Permits are currently being held up.

Just a start. These won't "lower gas prices immediately" but they will put downward pressure on the price of oil which in turn reduces the price of gasoline.

If they want to immediately reduce the effective price they could waive the Federal tax per gallon but that's a bandaid to a longer term problem of being hostile to domestic production.

BTW, if they hadn't put the kibash on Keystone it would be coming on line soon.
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My understanding is Keystone would still be two years out regardless the political holdup. Are there approved permits that aren't being used?
Edit: as for gas tax, if you eliminated that you'd have no federal dollars for highways.

I can tell you that's needed. The stretch of highway between Nashville and me takes over an hour to go 45 miles, is plagued with potholes, and needs to be widened both ways...

FYI... Mitch got i65 from Bowling Green to Etown widened to 3 lanes but with much less traffic. Just goes to show the parties are the same.
 
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#19,624
#19,624
clarksvol00 said:
My understanding is Keystone would still be two years out regardless the political holdup. Are there approved permits that aren't being used?
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The premier of Alberta is pushing for the revival of the Trump-backed Keystone XL oil pipeline to replace Russian imports to the US

"Kenney said the Keystone XL pipeline could be built by the first quarter of 2023 if the Biden administration gives the go ahead, according to Global News. "

this indicates less than one year if it was given the go ahead today - back that up 14 months and it seems plausible it could be online today had it not been quashed.
 
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#19,625
#19,625
clarksvol00 said:
My understanding is Keystone would still be two years out regardless the political holdup. Are there approved permits that aren't being used?
Edit: as for gas tax, if you eliminated that you'd have no federal dollars for highways.

I can tell you that's needed. The stretch of highway between Nashville and me takes over an hour to go 45 miles, is plagued with potholes, and needs to be widened both ways...

FYI... Mitch got i65 from Bowling Green to Etown widened to 3 lanes but with much less traffic. Just goes to show the parties are the same.
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There are a lot of unused leases, but that is because the actual permits are being slow walked by the administration. A lease is useless until you get the permit to drill. It’s the same as owning a plot of land but having to wait for your building permit.
And the whole “keystone is 2 years away” business? You do realize that if Biden hadn’t canceled it the day of his inauguration, the pipeline would only be nine months away now. Not starting something because it will take time to complete is a terrible life strategy.
 
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