My Account
Sign up, and you'll be able to vote in polls.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
May 19, 2022
8:21
:38
am
2FarGone
No One of Consequence
Tax hikes, lower refining capacity and myriad other things
But the price should go down in 6 months
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
2FarGone
Bio page
2FarGone
Joined
Mar 2, 2001
Last login
May 1, 2024
Total posts
45,567 (633 FO)
Report problem with this ad
Messages
Author
Time
Why is the price of oil per barrel lower than it has been historically yet gas
stenso
5/19/22 8:03am
They realized that people are willing to $5 a gallon so why lower it?
IBC
5/19/22 8:05am
Willing? No. Captive? Yes
Turnpike Lane
5/19/22 8:10am
Because they can blame it on Russia and make a lot of money
Cougz19
5/19/22 8:07am
Yes that makes perfect sense if you don't believe in basic economic theory.
Baron
5/19/22 8:09am
TNT knew Russians were trouble when he watched For Your Eyes Only
TNT
5/19/22 8:09am
Legit question
Turnpike Lane
5/19/22 8:09am
Supply chain issues? Also, are you comparing real prices to real prices?
Baron
5/19/22 8:09am
Part of it. Refinery capacity is at its lowest since ~2014
HuskerFan2
5/19/22 8:17am
At least some of the spr oil is going to Europe
dex13
5/19/22 1:23pm
Transport costs are higher due to high fuel costs.
dYrtbYkerYder
5/19/22 8:10am
which fuel costs which increases transport costs which increases fuel costs
Pro Logic
5/19/22 8:14am
Inflation in the other associated costs & gas taxes.
RdF3
5/19/22 8:11am
Wonder how much taxes have changed over time
Dr T-bone
5/19/22 8:11am
Everything else is higher. The land the gas station sit on is
cougarfann888
5/19/22 8:11am
Time has a factor here
Cosmokid
5/19/22 8:14am
A guess: the oil for sale now is not the oil that has been refined and is now
Socrates Johnson
5/19/22 8:15am
It's still a supply and demand thing. Less oil supply is driving up the crude
JuicyJam
5/19/22 8:20am
Tax hikes, lower refining capacity and myriad other things
2FarGone
5/19/22 8:21am
Gas supply is very low now. Not all oil is used to make gas.
Dangerous
5/19/22 8:31am
The article above says supply isn’t an issue
kotacoug
5/19/22 8:38am
EIA data shows gas stocks are 8% below 5 year average
dex13
5/19/22 1:01pm
Obviously it is Putin's fault.
RexIdaCoug
5/19/22 8:35am
Myriad of reasons. Cost of labor, uptick in other costs associated with
homegrown
5/19/22 8:47am
Paying off politicians that want to ruin your business model isnt cheap.
panacablue
5/19/22 8:58am
ESG impact on oil company capital investments, esp refineries also plays a part
NavyCougar
5/19/22 10:58am
No doubt. It's not a growing industry. Big capital investments are harder and
JuicyJam
5/19/22 11:03am
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad
