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-   -   Gas prices are... um well, wait a minute (http://forums.pelicanparts.com/showthread.php?t=1132027)

fintstone 07-26-2022 02:58 PM

Quote:

Originally Posted by Sooner or later (Post 11753478)
Next deep recession

Prices ranged between $2 and $3 from 2014 to 2021. Once we go back to policies that encourage exploration and drilling and stop preventing inexpensive, safe, and effective means of transportation like pipelines...prices should drop very quickly.

cockerpunk 07-26-2022 03:35 PM

Quote:

Originally Posted by fintstone (Post 11753596)
Prices ranged between $2 and $3 from 2014 to 2021. Once we go back to policies that encourage exploration and drilling and stop preventing inexpensive, safe, and effective means of transportation like pipelines...prices should drop very quickly.

i think you mean when the oil companies stop making record profits to recoup the losses they suffered under trump.

fintstone 07-26-2022 03:40 PM

Quote:

Originally Posted by cockerpunk (Post 11753628)
i think you mean when the oil companies stop making record profits to recoup the losses they suffered under trump.

It is a free market...but the record losses had more to do with states and cities shutting down and staying shut down.

Note that prices ranged between $2 and $3 from 2014 to 2021...under multiple Presidents.

Paul T 07-26-2022 04:16 PM

Quote:

Originally Posted by Sooner or later (Post 11753644)
Note that 3 years within that time frame resulted in hundreds of shale producers going bankrupt, 100,000+ laid off worker's, and hundreds of billions in cash flow being flushed down the crapper...

The days of shale max growth is history. Fiscal discipline is the order of the day.

Yup. That’s the economic reality….

fintstone 07-26-2022 04:38 PM

Quote:

Originally Posted by Sooner or later (Post 11753644)
Note that 3 years within that time frame resulted in hundreds of shale producers going bankrupt, 100,000+ laid off worker's, and hundreds of billions in cash flow being flushed down the crapper...

The days of shale max growth is history. Fiscal discipline is the order of the day.

I did. Shutting down states and cities was pretty stupid. Other than that, what was your point?

Prices ranged between $2 and $3 from 2014 to 2021...under multiple Presidents and multiple economies (much like inflation which was relatively benign). It only changed abruptly when how the nation approached oil and gas changed.

A930Rocket 07-26-2022 04:40 PM

I’ll be filling up Thursday. Last time I looked it was $4.19 a gallon.

fintstone 07-26-2022 09:09 PM

Quote:

Originally Posted by Sooner or later (Post 11753858)
Investors are sick of seeing their investments go down the drain. If they were lucky they made the inflation rate since 2014.They are not going back to the growth at all cost business plan. ...

That is an interesting theory...and not without merit. That the nation's oil and gas producers all realized that they could no longer profit by producing additional oil/gas somewhere around late January 2021 which made prices shoot up dramatically over the past 18 months? It is almost like they turned on a dime based on some new reality/threat to the energy industry. I wonder what event/disaster caused their sudden change in sentiment/investment plans between November 2020 and late Jan 2021? Any idea?

http://forums.pelicanparts.com/uploa...1658898314.JPG

Bob Kontak 07-27-2022 05:03 AM

Quote:

Originally Posted by Sooner or later (Post 11753574)
$3.53

3.56 North Canton
3.85 Canton
4:00 West Akron

Speedway - 87

cabmandone 07-27-2022 05:06 AM

You gotta spend less time driving Bob. It'll start eating into the beer money. :D

Bob Kontak 07-27-2022 05:11 AM

https://www.google.com/search?client=firefox-b-1-d&q=speedway+I77+and+massillon+road

See link

It's like your Van Wert prices

Por_sha911 07-27-2022 05:14 AM

Gas is down again
 
Really? Down from what? Is it anywhere close to $1.89 like it was in 11/2019?
Get back to me when it gets close.

Bob Kontak 07-27-2022 05:32 AM

Quote:

Originally Posted by Por_sha911 (Post 11754005)
Really? Down from what? Is it anywhere close to $1.89 like it was in 11/2019?
Get back to me when it gets close.

You mean, when it gets closer to the gas price you are entitled to?

cabmandone 07-27-2022 05:38 AM

Quote:

Originally Posted by Bob Kontak (Post 11754023)
You mean, when it gets closer to the gas price you are entitled to?

If it was the gas price I'm entitled to, they'd be paying me! Yep... I'm just that awesome.

cabmandone 07-27-2022 05:40 AM

Quote:

Originally Posted by Por_sha911 (Post 11754005)
Really? Down from what? Is it anywhere close to $1.89 like it was in 11/2019?
Get back to me when it gets close.

Well, if you really don't know... down from earlier high prices! But I'll be certain to let you know when gas gets back down to $1.89.

JackDidley 07-27-2022 05:57 AM

Quote:

Originally Posted by cabmandone (Post 11753593)
Personally, I think gas below $3 is achievable.


$3, would make me happy. $3.85 at Sams here a couple days ago. $4.15 at the circle S. +.70 for the premium I need.

cabmandone 07-27-2022 06:25 AM

I refuse to buy a vehicle that needs premium fuel. I know that rules out a lot of fun cars, but I just can't bring myself to buy a car that I know will cost me more to fuel up.

fintstone 07-27-2022 06:27 AM

Quote:

Originally Posted by Bob Kontak (Post 11754023)
You mean, when it gets closer to the gas price you are entitled to?

I think we are entitled to the price that the free market would allow absent government actively working to reduce U.S production.

nota 07-27-2022 07:10 AM

Quote:

Originally Posted by JackDidley (Post 11754043)
$3, would make me happy. $3.85 at Sams here a couple days ago. $4.15 at the circle S. +.70 for the premium I need.

was 10 cents a grade bump before

so did the mtbt or whatever the octane boost chemical suddenly go up 700% ?
or are the oil corpRATS STEALING

wife just paid 3.74 for 87

stevej37 07-27-2022 07:18 AM

Quote:

Originally Posted by cabmandone (Post 11754077)
I refuse to buy a vehicle that needs premium fuel. I know that rules out a lot of fun cars, but I just can't bring myself to buy a car that I know will cost me more to fuel up.


Both my Civic and my Prelude have large stickers on the inside of the gas door...'Premium Fuel Only'
I feel it's a fair trade-off for the great gas mileage they get. (40 and 33)

nota 07-27-2022 07:19 AM

Quote:

Originally Posted by fintstone (Post 11754079)
I think we are entitled to the price that the free market would allow absent government actively working to reduce U.S production.

if one was not conned to the max
one could note WAR has an effect
even BIGGER then government rules

but that would not fit the agenda of the conned


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