LOL! I tried that at the pump last week and it still cost me $3+/gallon. I even insisted with no luck.
Ping.
In July 2008 just as Obama seized the Democratic nomination, the Price of Oil was $141.38 per barrel.
In February of 2016 right when it was clear Donald Trump would win the GOP Nomination for President of the United States, The Price of Oil was $29.31 a barrel. Those are facts and facts don't lie.
More winning with Trump!
Trump is a superpower all by himself...
Fine, but WHERE?
Low oil prices hurt Russia, but only help American consumers/economy if passed on to them.
Taxes can make those low oil prices prices outrageous for both, and a goldmine for the big government and Prog Socialist Deep Swamp Globalists.
European consumers and economies can be screwed the same way for the benefit of the Banksters and Sunni Muzzies.
“Trump effect?”
...and, he did it with a tweet.
Just incredible.
Just sold the last of my USO stock yesterday! lol
Last I checked the US is the top 3 or 4 in oil? No 1 for all carbon energy? Doesn’t the US benefit from higher prices?
Anyway the wholesale price of gasoline when adjusted for inflation is CHEAP! Spare me the lectures on the after tax boutique gas blend prices. Trump could can that stuff along with ethanol if he is serious about lower prices.
MNothing needs to be done. Soon enough oil production will ramp up especially in the US to capture the higher price and then the price decline will start. Then we will here the cries to protect US producers from cheap foreign oil.
King Canute orders a roll-back in world petroleum prices and bingo!
Love it!
Good... the fact Gas is selling for $3 a gallon right now is ridiculous.
Lt Swt Crude is not a $70 a bbl commodity.. everything outside of 35-45 range is artificial.
Boy, just love the simple analysis here . . .
BTW, oil turned positive about 30 minutes ago and is basically flat right now.
The poster who said $70 is about right is pretty much correct. And if you think $30 a barrel is right I’ve got a bridge to sell to you. Because we likely are going to overshoot on the upside because we overshot on the downside.
That’s the way FREE MARKETS work. Energy demand is growing far faster than supply right now. And there was a story this morning about how our domestic frackers are starting to run into logistical issues with drilling. We seem to have peaked recently at 10.5 million barrels a day produced here, versus a demand of about 19.5 million. and yet on Wednesday the oil and refined gas inventories still FELL, so that’s telling you the stronger economy is starting to lift demand pretty rapidly.
I fully support Trump but he is in fantasy land on this one.