Gas prices are... um well, wait a minute

[JackDidley]

93 at Sams in Indiana $3.89 today.

[Evans, Marv]

Gas here is $5.34, 87 octane. It's gone up 12 cents in the past ten days.

[jamesnmlaw]

Originally Posted by RNajarian

Still waiting for gas prices to go down….

La Crescenta CA- 9/12/2022

Curious.....why 10 cents more per gallon to not have a car wash?

[Sooner or later]

https://oilprice.com/Energy/Energy-General/OPEC-Remains-Below-Production-Target-Despite-Boosting-Output-Again.html

OPEC raised its August oil production by 618,000 bpd, according to the group’s Monthly Oil Market Report published on September 13.

According to OPEC’s secondary sources, OPEC raised its production to 29.651 million bpd, with the largest increases coming from Libya and Saudi Arabia.

While still under the set production targets, OPEC has managed to lift its production in every month since May, although it has failed to meet its full production allocations in any of those months.

[speeder]

Originally Posted by jamesnmlaw

Curious.....why 10 cents more per gallon to not have a car wash?

They offer a slight discount on the fuel if you get a car wash because they make money on the wash.

[Fast Freddy 944]

Gas is back up again, gotta pay for those privileged selfish, psycho, crybaby mellanies and gen-z's college debt. fjb

[Skillet83]

Originally Posted by Sooner or later

https://oilprice.com/Energy/Energy-General/OPEC-Remains-Below-Production-Target-Despite-Boosting-Output-Again.html

OPEC raised its August oil production by 618,000 bpd, according to the group’s Monthly Oil Market Report published on September 13.

According to OPEC’s secondary sources, OPEC raised its production to 29.651 million bpd, with the largest increases coming from Libya and Saudi Arabia.

While still under the set production targets, OPEC has managed to lift its production in every month since May, although it has failed to meet its full production allocations in any of those months.

I see you are still posting them fancy charts. Funny how they all fail largely. It is transitory! Memba that?

[Sooner or later]

I have said that I was wrong about inflation being transitory.

That has nothing in common with the actual OPEC production numbers that are presented here.

[Shaun @ Tru6]

Gas is cheap enough now that I can turn off the Cayenne PSM on a regular basis.

[Fast Freddy 944]

Why do we need *******s again? fjb

[cockerpunk]

Originally Posted by Skillet83

I see you are still posting them fancy charts. Funny how they all fail largely.

how does a chart "fail"

no really, please explain. in detail, possibly with charts.

[island911]

CA prices still going up while most the rest of the country goes down.

[fintstone]

Originally Posted by cockerpunk

how does a chart "fail"

no really, please explain. in detail, possibly with charts.

When it is posted as a success when it is a failure...assuming fools will not understand the big picture/details.

[cockerpunk]

Originally Posted by fintstone

When it is posted as a success when it is a failure.

what did it succeed at or fail at?

[fintstone]

Enough oil was not produced to meet world demands at a reasonable price (without price support from selling off our strategic reserves) ...and although Saudi production may be up slightly, it is less than they had originally planned to produce. The only reason prices are going down is because high prices/inflation/poor economies have reduced demand and because we are pouring tax dollars into subsidizing the world's supply (using our strategic reserves).

[cockerpunk]

Originally Posted by fintstone

Enough oil was not produced to meet world demands at a reasonable price (without price support from selling off our strategic reserves) ...and although Saudi production may be up slightly, it is less than they had originally planned to produce. The only reason prices are going down is because high prices/inflation/poor economies have reduced demand and because we are pouring tax dollars into subsidizing the world's supply (using our strategic reserves).

that sounds like a whole bunch of the chart was correct, and presented correctly.

[tabs]

Originally Posted by cockerpunk

what did it succeed at or fail at?

Biden in August said we have, "ZERO % inflation."

And now we have the "Inflation Reduction Act"

We have just spent another 750B that we don't have. One more straw on the camels back won't hurt..

I am sorry, the lies have gone beyond spin and are now completely detached from reality..

[cockerpunk]

Originally Posted by tabs

Biden in August said we have, "ZERO % inflation."

And now we have the "Inflation Reduction Act"

We have just spent another 750B that we don't have. One more straw on the camels back won't hurt..

I am sorry, the lies have gone beyond spin and are now completely detached from reality..

did the chart have something to do with what biden said about inflation?

no, no it didnt. swing and miss.

[pwd72s]

Originally Posted by afterburn 549

Biden better hope the reserve makes it o the Nov 8 th
Then we can all go back to the scheduled high price.
The next administration will be again BE saddled with the job of replenishing the reserve.
AGAIN.

Bingo! Risking national security for political purposes.

[fintstone]

Shop shilling for the folks that caused this problem like you did when they told us the inflation was "transitory" and high gas prices were "temporary." Our problems are self-inflicted, and the temporary relief (for pre-election political purposes) is only making things worse. Note the terrible inflation report yesterday and the massive drop in the stock market. It is almost like driving gas up about $2 a gallon and then temporarily buying them down $1 a gallon with your money is a good thing. Saudi Arabia is producing less that they projected (as is OPEC). They announced it and they did it (much as the Administration announced selling off more oil from the strategic reserves).

Sooner at his best...trying to tell you that the urine coming down on your head is simply a summer rain. Yep...OPEC is coming to our rescue (as they announce cuts to production goals as we near winter). It is good to have folks like Saudi Arabia, Venuzuela, Iran, Iraq, Libya, etc. (OPEC) and Russia determining how much almost everything costs in our country. I sure hope we do nothing to annoy them this winter...or it will be very cold in the United States and Europe...as we have turned the reins over to folks that may not have our best interests at heart. Good thing we can pretend it is going well. Probably transitory like inflation was.