Prediction on Gas Prices this summer?
06-11-2022, 11:12 AM
#51
77 cylinders, 4 rotors...
What specific policy would drop the world price of oil though?
Running the US on it's own might be possible but it doesn't sound super economical. It costs Saudi $7ish to pull a gallon of oil, which old US wells are cost 25, new wells in the 30s, fracking is in the 50s and oil sands past 60. If one day the US wanted to only use its own oil and not trade, OPEC could easily drop the world price of oil to below US cost. And since all this is run by the same oil companies they will buy their crude wherever is cheapest... so do you nationalize the oil industry? Put regulations and import tariffs in place? Seems like the wrong direction.
Even depending on a US-only source of oil is still dependence. While wind and solar have limitations, they can be had in your backyard. Decentralize production and you become really independent. Which exactly where current policies are going, no?
Kevin - I see what you mean, but "rosy" isn't right, more that I've been in enough large organizations to see that their capacity to plan and execute some grand strategy is lot more limited than it might appear. You might not agree with the decisions from the outside but most of the time they're pretty dry and pragmatic, and you might choose the same with the same facts.
Running the US on it's own might be possible but it doesn't sound super economical. It costs Saudi $7ish to pull a gallon of oil, which old US wells are cost 25, new wells in the 30s, fracking is in the 50s and oil sands past 60. If one day the US wanted to only use its own oil and not trade, OPEC could easily drop the world price of oil to below US cost. And since all this is run by the same oil companies they will buy their crude wherever is cheapest... so do you nationalize the oil industry? Put regulations and import tariffs in place? Seems like the wrong direction.
Even depending on a US-only source of oil is still dependence. While wind and solar have limitations, they can be had in your backyard. Decentralize production and you become really independent. Which exactly where current policies are going, no?
Kevin - I see what you mean, but "rosy" isn't right, more that I've been in enough large organizations to see that their capacity to plan and execute some grand strategy is lot more limited than it might appear. You might not agree with the decisions from the outside but most of the time they're pretty dry and pragmatic, and you might choose the same with the same facts.
And we have our bozos opening the SPR. If the US announced all-in on production, refining, and shipment, world prices would drop, period. Yes, there is a floor, but we are nowhere near the floor, and we are here because of...policy decisions.
The decisions made can sometimes be seen as dry and pragmatic, if you accept their precepts. Some are well-intentioned but ill informed. Some are malevolent.
Here are 2 examples:
Janet Yellen--incompetence. Read her resume. An academic, then a political appointee. A product of the Bubble. Promoted and installed by other incompetents. She checks a lot of boxes, that is why she is there.
“I think I was wrong then about the path that inflation would take,” she told CNN on Tuesday. (A Treasury spokesperson said later Yellen was merely noting that “there have been shocks to the economy that have exacerbated inflationary pressures which couldn’t have been foreseen 18 months ago, including Russia’s decision to invade Ukraine, multiple successive variants of COVID, and lockdowns in China.”)
Now this:The United States is unlikely to suffer an economic downturn, despite sky-high inflation, US Treasury Secretary Janet Yellen said Thursday.
"There's nothing to suggest that there's a recession in the works," she said during an interview at The New York Times' economic forum.
She has become a contrary indicator for me.
US Border Policy, various actors--malevolence.
Those are two examples of many.
06-11-2022, 04:42 PM
#52
You gonna eat that?
iTrader: (1)
06-11-2022, 07:40 PM
#53
77 cylinders, 4 rotors...
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200.mph (06-13-2022),
kevink0000 (06-13-2022)
06-12-2022, 07:32 AM
#55
Registered
Yup 2.39 per liter here in New Brunswick. It a few cents more than diesel.
06-12-2022, 10:16 AM
#56
“Whale-oil-beef-hooked”
Why does everyone want to have sex with Trudeau? Is it his fabulous hair?
Joking aside, how does any politician have an influence with gas price since they sold out to corporate overlords decades ago? It doesn’t matter what party is in power since they’re all sucking at the teat of the true powers. Put Conservatives in or NDP and probably no difference. Just the storyline of why will change.
Danobre, cheapest gas for the past few weeks has been at the corner store on 184 street and 60 avenue. Premium is about $0.10 less than everywhere else and not crap like Supersave gas.
Joking aside, how does any politician have an influence with gas price since they sold out to corporate overlords decades ago? It doesn’t matter what party is in power since they’re all sucking at the teat of the true powers. Put Conservatives in or NDP and probably no difference. Just the storyline of why will change.
Danobre, cheapest gas for the past few weeks has been at the corner store on 184 street and 60 avenue. Premium is about $0.10 less than everywhere else and not crap like Supersave gas.
06-13-2022, 05:02 AM
#57
77 cylinders, 4 rotors...
And, just an OT question for the Canadians here. I still believe it's in bad taste to comment on another nation's leaders/policies, but I am curious about something. On the ground in Canada, do you hear often that Trudeau is actually a Castro? The resemblance is startling, and the backstory compelling.
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200.mph (06-13-2022)
06-13-2022, 06:00 AM
#58
Registered
Yes nobody likes him. The number one selling book on Amazon is a children's book bashing JT.
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200.mph (06-13-2022)
06-13-2022, 06:17 AM
#59
You gonna eat that?
iTrader: (1)
Sad commentary on parenting if true.
06-13-2022, 06:23 AM
#60
FULLY SEMI AUTOMATIC
iTrader: (9)
And, just an OT question for the Canadians here. I still believe it's in bad taste to comment on another nation's leaders/policies, but I am curious about something. On the ground in Canada, do you hear often that Trudeau is actually a Castro? The resemblance is startling, and the backstory compelling.
yes politicians have a huge impact on energy. former vp xiden campaigned (from his basement) on a war on fossil fuels and jumped in potato head first on day one
06-13-2022, 08:54 AM
#61
“Whale-oil-beef-hooked”
First I’ve heard that Justin is a Castro. Probably stems from the wild stuff going on when his mom was having all her mental health issues - haters love rumours. That and the dislike of some for Castro and that Canada didn’t close off relations (pardon the pun) with Cuba. Trudeau senior had the family vacations there.
Pretty far out there’s a kids book of hatred being read dedicated to a political figure now. A little extreme since I don’t think there’s an equivalent book on Hitler or Stalin.
No, I’m not a fan of Justin in case that comes up. Also, I still won’t mention my thoughts on leadership choices of my southern neighbours from the past or present. They’re irrelevant besides the flavour of our trade relations.
The fact a question is posed on family ties of a world leader shines a spotlight on the hysteria and polarized absolute responses of too many right now. Who cares if Margret had a son sired by Fidel? A suggestion before more innocuous questions arise - read up on those past leaders that have been deified or vilified. There’s plenty of unpleasant traits to go around.
Last thought - judge a person by their actions and what is in their control. All the rest like rumours of being the illegitimate love child of a world leader, although amusing, is irrelevant.
Pretty far out there’s a kids book of hatred being read dedicated to a political figure now. A little extreme since I don’t think there’s an equivalent book on Hitler or Stalin.
No, I’m not a fan of Justin in case that comes up. Also, I still won’t mention my thoughts on leadership choices of my southern neighbours from the past or present. They’re irrelevant besides the flavour of our trade relations.
The fact a question is posed on family ties of a world leader shines a spotlight on the hysteria and polarized absolute responses of too many right now. Who cares if Margret had a son sired by Fidel? A suggestion before more innocuous questions arise - read up on those past leaders that have been deified or vilified. There’s plenty of unpleasant traits to go around.
Last thought - judge a person by their actions and what is in their control. All the rest like rumours of being the illegitimate love child of a world leader, although amusing, is irrelevant.
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BigCajun (06-13-2022)
06-13-2022, 08:15 PM
#62
maybe you should be telling that to him then, because he’s recorded on video shamelessly standing up in public doing the same thing calling one of your own jewish lawmakers a ****. The entire problem is obvious to anyone with half a brain. To be fair, we have the exact same problem here now too. Incompetent and corrupt leadership destroys it’s own nation and the people directly suffer as a result.
.
.
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200.mph (06-14-2022),
kevink0000 (06-14-2022)
06-13-2022, 08:18 PM
#63
“Whale-oil-beef-hooked”
As stated in the middle part of my message - not a fan of Justin. I judged his actions and found them wanting and not matching what is said. His “heartfelt “ apologies are tiresome.
06-14-2022, 12:47 PM
#64
77 cylinders, 4 rotors...
First I’ve heard that Justin is a Castro. Probably stems from the wild stuff going on when his mom was having all her mental health issues - haters love rumours. That and the dislike of some for Castro and that Canada didn’t close off relations (pardon the pun) with Cuba. Trudeau senior had the family vacations there.
Pretty far out there’s a kids book of hatred being read dedicated to a political figure now. A little extreme since I don’t think there’s an equivalent book on Hitler or Stalin.
No, I’m not a fan of Justin in case that comes up. Also, I still won’t mention my thoughts on leadership choices of my southern neighbours from the past or present. They’re irrelevant besides the flavour of our trade relations.
The fact a question is posed on family ties of a world leader shines a spotlight on the hysteria and polarized absolute responses of too many right now. Who cares if Margret had a son sired by Fidel? A suggestion before more innocuous questions arise - read up on those past leaders that have been deified or vilified. There’s plenty of unpleasant traits to go around.
Last thought - judge a person by their actions and what is in their control. All the rest like rumours of being the illegitimate love child of a world leader, although amusing, is irrelevant.
Pretty far out there’s a kids book of hatred being read dedicated to a political figure now. A little extreme since I don’t think there’s an equivalent book on Hitler or Stalin.
No, I’m not a fan of Justin in case that comes up. Also, I still won’t mention my thoughts on leadership choices of my southern neighbours from the past or present. They’re irrelevant besides the flavour of our trade relations.
The fact a question is posed on family ties of a world leader shines a spotlight on the hysteria and polarized absolute responses of too many right now. Who cares if Margret had a son sired by Fidel? A suggestion before more innocuous questions arise - read up on those past leaders that have been deified or vilified. There’s plenty of unpleasant traits to go around.
Last thought - judge a person by their actions and what is in their control. All the rest like rumours of being the illegitimate love child of a world leader, although amusing, is irrelevant.
You are right, he has no say in who his father/mother is. I was more curious if the news up there is blacked out on anything that would hurt the regime the way it is down here. It is relevant, though, because anything scandalous/illegal/embarassing can be used to compromise someone in power. Like what we have down here.
But there is this:
Last edited by kevink0000; 06-14-2022 at 12:50 PM.
06-14-2022, 01:10 PM
#65
FULLY SEMI AUTOMATIC
iTrader: (9)
You are right, he has no say in who his father/mother is. I was more curious if the news up there is blacked out on anything that would hurt the regime the way it is down here. It is relevant, though, because anything scandalous/illegal/embarassing can be used to compromise someone in power. Like what we have down here.
But there is this:
But there is this:
06-14-2022, 02:02 PM
#66
“Whale-oil-beef-hooked”
Kevink0000 - thanks for the laugh!
There’s a reason my sister stopped doing DNA testing in the private school where she taught high school biology. Too many tests were coming in that dad didn’t match biologically. She didn’t want to have that discussion - best left to daytime television.
There’s a reason my sister stopped doing DNA testing in the private school where she taught high school biology. Too many tests were coming in that dad didn’t match biologically. She didn’t want to have that discussion - best left to daytime television.
Last edited by Meat Head; 06-14-2022 at 02:06 PM.
06-14-2022, 07:51 PM
#67
77 cylinders, 4 rotors...
Kevink0000 - thanks for the laugh!
There’s a reason my sister stopped doing DNA testing in the private school where she taught high school biology. Too many tests were coming in that dad didn’t match biologically. She didn’t want to have that discussion - best left to daytime television.
There’s a reason my sister stopped doing DNA testing in the private school where she taught high school biology. Too many tests were coming in that dad didn’t match biologically. She didn’t want to have that discussion - best left to daytime television.
06-30-2022, 06:13 PM
#68
“Whale-oil-beef-hooked”
Back to our regularly scheduled program - price for Premium near me seems to have stabilized at $2.35 per litre for 91. Even with the Canada Day long weekend.
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