Inflation hedge, Bidens energy policies (new energy sec appointed), no stimulus,

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Feb 26, 2021
5:21:07pm

WDaddy Truly Addicted User

tensions with Iran, massive cutbacks in oil and gas capex, and investors pulling back from energy investment.

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WDaddy

Previous username: WeddlesDaddy
Bio page: WDaddy
Joined: Jan 10, 2007
Last login: May 2, 2024
Total posts: 66,518 (24,770 FO)

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Messages

Author

Time

Why are gas prices going up? Over $3 gal now.

slowhiteguy

2/26/21 4:51pm

RE: Why are gas prices going up? Over $3 gal now.

John Doe

2/26/21 4:52pm

RE: Why are gas prices going up? Over $3 gal now.

WhirleyPop

2/26/21 4:53pm

yeah, and I was the dummy that sold my XOM a couple of months ago

Sale

2/26/21 4:54pm

Glad I picked up some. Thanks...at least until it tanks again

tander123

2/26/21 5:18pm

RE: Why are gas prices going up? Over $3 gal now.

ICBlue

2/26/21 4:56pm

RE: Why are gas prices going up? Over $3 gal now.

BradioHead

2/26/21 4:56pm

RE: Why are gas prices going up? Over $3 gal now.

4slyce

2/26/21 4:58pm

Texas?

grosven

2/26/21 4:58pm

I think we all saw this coming didn’t we

Tuskaloosa Cougar

2/26/21 4:59pm

That’s when we all saw Texas completely shutting down because of snow.

MarkWatney

2/26/21 5:02pm

RE: That’s when we all saw Texas completely shutting down because of snow.

mobius

2/26/21 5:04pm

RE: Why are gas prices going up? Over $3 gal now.

specsauce

2/26/21 4:59pm

Because the cost of oil is over $60/barrel now.

mulletino

2/26/21 4:59pm

But MarkWatney said it snowed in TX.

YbeatsU

2/26/21 5:18pm

Production in Texas is down from the power outages.

ochobeeguy

2/26/21 4:59pm

It was rising before that.

Jacare

2/26/21 5:51pm

RE: Why are gas prices going up? Over $3 gal now.

CougarTailDevourer

2/26/21 5:00pm

RE: Why are gas prices going up? Over $3 gal now.

IceCreamButt

2/26/21 5:04pm

Shutting down the keystone pipeline certainly affects the supply.

BW84

2/26/21 5:10pm

Or by EO halt all drilling on federal lands.

Hank Rearden

2/26/21 5:24pm

I mean, if that’s what the EO said, it would hurt. Too bad that’s not what it

chago04

2/26/21 7:31pm

But all those workers suddenly learned code so it’s a net win

maxpowers

2/26/21 5:27pm

Wow. You gotta wonder how Canada managed to sell

AtomicHamster

2/26/21 6:01pm

NO affect

Nat Gas Man

2/26/21 10:49pm

Inflation hedge, Bidens energy policies (new energy sec appointed), no stimulus,

WDaddy

2/26/21 5:21pm

Apparently a lot of oil people are out of work thanks to Biden. My son just

byusage

2/26/21 5:59pm

It’s the American dream to have your job taken away by rich politicians

maxpowers

2/26/21 6:30pm

My assistant is from a small town in rural Montana. She says

akimbocoug

2/27/21 8:51am

RE: My assistant is from a small town in rural Montana. She says

Baron

2/27/21 9:06am

RE: My assistant is from a small town in rural Montana. She says

CougarTailDevourer

2/27/21 5:09pm

It's their way of artificially creating greater demand for big

Ash

2/27/21 11:02am

Couple reasons. The cold spell closed the refineries and uncle joe closed the p

BYU Grounds

2/26/21 7:52pm

RE: Why are gas prices going up? Over $3 gal now.

Ash

2/26/21 8:26pm

It’s all related to the price per barrel of oil

USMCdad

2/26/21 8:28pm

We are an oil exporting country at this point, but a ton of well and refineries

Nat Gas Man

2/26/21 10:52pm

While exports of petroleum have increased significantly in recent years, the US

WDaddy

2/26/21 11:37pm

RE: Why are gas prices going up? Over $3 gal now.

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