For a few years my mom worked at the Top Value store in Lawton.

See #93

https://www.swoknews.com/community_news/so-you-think-you-know-your-lawton-history/article_060c7659-6e75-5eef-8455-70d83d0b641c.html

I still have my books of these things in the basement. Time to find a dumpster.

Noooo - Ebay. That sheet I posted the pic of was selling for five dollars.

You could work for just a few short four hour sessions and probably rake in 22 big ones. I'm talking US dollars, Sir.

Before I'd even had my driver's liscence for a year Katrina happened.
The national averages weren't quite as high as what some places experienced locally.

It was a bit of a shock to go from using a $20 for gas to needing to break out a second $20.
The switch to card has perhaps dulled my senses on the price of gasoline.

under 4 here.

I can see how you could post them for sale...but not sure anyone would buy them. Must be millions out there.

Lol

A lot of those are before me! (1953).

I do remember a bunch of them.

Thanks!

Today's bargain prices... Diesel 5.29

http://forums.pelicanparts.com/uploa...1659114401.jpg

U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks


Big oil's quarterly profits hit record $50 billion, with BP yet to come


Chevron says 'can do it all', after record profit and buyback lift

Big oil sucked wind for a lot of quarters over the last decade.

This is just a flash in the pan. Let them have it.

4.16 today at Tacoma Wa.

$3.50 Akron low price. Closer to $4.00 in the swanky part of town. Same brand. Just a different corner.

It is not too hard to make a profit when government discourages or prevents your competitors from producing more (of a commodity that is necessary to life/civilization). You simply produce the same as always and watch the prices rise (as the world scrambles to find supply).

Reducing areas to drill, making competitor's production less profitable (by killing pipelines), etc... sure reduces competition for integrated companies that have their own supply and already producing oilfields.

It is almost like owning a warehouse full of long hoods while government runs a "cash for cars" program that buys them and sends all average examples of them to the crusher. The supply goes down and the demand rises (except people will die without oil). Pretty soon, you have a pretty valuable "commodity".

Honestly, I would like to Bob but from what I read, oil price is one of the key drivers of inflation and apparently a solid cross-section of the country is being heavily negatively impacted.

My sense is Big Oil should lean a little more toward Schooner Tuna than, well, Big Oil. :)

Just wait a few months when the strategic reserves are all depleted...those that have oil will trade it for gold to people that need to heat their homes. The price of gas will be unbearable (and the price of gas impacts almost everything (though production or transportation) ...including food production. expect those costs to be passed on.

Everywhere except in the alternate universe of Boston where there is no inflation.

Investors haven't done well investing in O&G. I pulled these numbers a few days ago. This is stock price from Jan 2014 through July 2022 and total return over that time period. I wouldn't be very damn happy with this crappy return. Investors have demanded return or they would pull their money, O&G has complied.

S&P 500 1800-3900 116%
Continental Resources 53-65 22%
Exxon 99-90 10% loss
Chevron 124-147 18%
EOG 82-103 25%
Occidental 89-62 30% loss
Pioneer 176-218 24%

S&P Oil and Gas Index
http://forums.pelicanparts.com/uploa...1659122839.jpg

Exactly. Who would make a long-term investment in a business that the government has said they plan to essentially outlaw...unless there was a significant profit? The higher the risk, the higher the reward must be to attract investors.

so we should socialize risk and privatize profit?

Exxon Mobil a more selective time frame.

Jan 2017 $88
Jan 2020 $69 (pre pandemic)
Jan 2021 $46

No. They have barely kept their heads above water for a decade. They were selling at a huge loss in 2020. The industry had huge losses,, bankruptcies, and layoffs in 2014/2015/2020. No surprise they are profiting now.

And yet their C-suites retained their 7 and 8 figure salaries.

Listen, Capitalism isn't lost on me. My sense is there's a 1/8 to 1/4 ground they could have leaned toward. Maybe there's not. But even a token gesture would be appreciated by many.

Like any other C-suites?

Why not similarly complain about the cost of a ticket to Disney World or similar?

An executive's fiduciary duty is to make a profit for shareholders. Competition sets the balance. When government actively keeps out competition (for whatever reason), the existing players will always profit.

you really do love to defend getting ripped off.

He gets his jollies by being contrary and arguing ad infinitum. Best to ignore and never acknowledge - else that way madness lies.

You really do love posting stupid nonsense. Why should government decide winners and losers in the market...and what sort of idiot thinks executives or stockholders would intentionally reduce profits to become more popular? Free market competition lowers prices and increases availability much better than the socialist principles you favor.

Better than coming to a battle of the wits unarmed. Why not make a reasonable argument if you disagree versus a personal attack?

Jollies??

Grow up….

Let’s get this back on track.

Thanks!

Edited per Seahawk's recommendation

Meanwhile, in the real world (outside of Boston). Why wouldn't gas prices be up with inflation? Unless you are buying gold chains or a flat screen TV, you are probably paying a lot more.

http://forums.pelicanparts.com/uploa...1659131405.JPG

http://forums.pelicanparts.com/uploa...1659131405.JPG

fint

best chill out

You will be on the island.

You need to watch the board rather than reloading all the time.

$3.74 here in west michigan

Time for a road trip! Before the strategic reserves run out and need refilled. I'm planning a trip to Albuquerque (after the great thread here reminded me my green chile light was on low). I might as well enjoy the lower prices my taxpayer dollars paid for (strategic reserves).

Inflation is already helping with my diet, and I have dropped a couple pounds...so, it is a good time for a foodie trip to a place where the economy is weak. I will start with chicken enchiladas from El Patron just off Paseo Del Norte and Wyoming and then maybe The Range the next night...with a lot of breakfast burritos in between. I can make my own gas.

Akron $3.48 but at the Speedway near my my place on I77/Massillon Road. Most are a bit more.

First time below three fiddy in a while.

^^^ Driven past that point many times on the way to Myrtle Beach.
The Football Hall of Fame on the west side of the highway.

Always heavy traffic there.

My part of west Michigan just went down to $4.09 today from $4.18 yesterday. Surprised how much cheaper gas is the further north you go here.

I'm less than an hour north of Grand Rapids.
For some unknown reason...our gas is always less than GR.
That's ok.:)

Big drop to $3.35