It’s a world wide market. Let’s say your wish was granted and the plug was freed, would that oil stay here? Couldn’t the other oil producers just “match” decrease their output to maintain current levels? And then what?
Stupid Henry Payne still thinks an incomplete tar sands pipeline has anything to so with high gas prices when the prices are global. The Us still exports lots of oil around the world. Mostly because the oil companies get higher profits off it than refining and selling it to the US.
Other Countries:
USD
South Korea $5.95
Japan $5.53
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Canada Alberta $4.19
Hungary Budapest $4.94
I guess if you want to find cheaper gas, you can always go to one of these places:
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
There is a reason for this. It’s called the pandemic.
The price of oil was so low in 2020 that oil companies shut down drilling and laid off workers. After enough people got vaccinated and were able to go out again, demand went up faster than the oil companies could cover.
How do you explain our petroleum export numbers? The reason for the rise in prices is the big jump in demand and the inability of the refiners to keep up. Oh, yeah, their profits are going through the roof, but we’ll ignore what’s behind that curtain.
^^“Let’s go Brandon” is code for:“I’m an ignorant gullible hick who can’t get over my conman’s loss and I need a new way to show the nation just how stupid I am.”
“If you want to say f#ck Joe Biden, you can just say f#ck Joe Biden. Using a code phrase and then running off giggling is so infantile I’m surprised Matt Gaetz hasn’t tried to f#ck it yet.”
Wlly Blly over 2 years ago
Prices are dropping here and in most places in the country. Payne stupidity strikes again.
Lou Nattic, né Stan C over 2 years ago
That is correct.
dnie1951 over 2 years ago
His first week of his disastrous year…………….
Havel over 2 years ago
It’s a world wide market. Let’s say your wish was granted and the plug was freed, would that oil stay here? Couldn’t the other oil producers just “match” decrease their output to maintain current levels? And then what?
Patjade over 2 years ago
Stupid Henry Payne still thinks an incomplete tar sands pipeline has anything to so with high gas prices when the prices are global. The Us still exports lots of oil around the world. Mostly because the oil companies get higher profits off it than refining and selling it to the US.
Other Countries:
USD
South Korea $5.95
Japan $5.53
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Canada Alberta $4.19
Hungary Budapest $4.94
I guess if you want to find cheaper gas, you can always go to one of these places:
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
There is a reason for this. It’s called the pandemic.
https://www.investopedia.com/articles/investing/100615/will-oil-prices-go-2017.asp
The price of oil was so low in 2020 that oil companies shut down drilling and laid off workers. After enough people got vaccinated and were able to go out again, demand went up faster than the oil companies could cover.
https://www.forbes.com/sites/uhenergy/2021/09/30/90-oil-by-years-end-post-covid-oil-supply-cant-keep-pace-with-post-covid-demand/
This has nothing to do with Biden or “climate change policy” and everything with global supply and demand.
Malroy O'Callahan over 2 years ago
Excellent, Mr. Payne! Let’s go Brandon!
rmfrye Premium Member over 2 years ago
How do you explain our petroleum export numbers? The reason for the rise in prices is the big jump in demand and the inability of the refiners to keep up. Oh, yeah, their profits are going through the roof, but we’ll ignore what’s behind that curtain.
Wlly Blly over 2 years ago
^^“Let’s go Brandon” is code for:“I’m an ignorant gullible hick who can’t get over my conman’s loss and I need a new way to show the nation just how stupid I am.”
“If you want to say f#ck Joe Biden, you can just say f#ck Joe Biden. Using a code phrase and then running off giggling is so infantile I’m surprised Matt Gaetz hasn’t tried to f#ck it yet.”
-Anonymous
Klem again shows his true nature.