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Trump Should Release SPR Oil Reserves on Monday
NASDAQ.com ^

Posted on 07/02/2018 1:21:48 PM PDT by FreedomNotSafety

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To: HotHunt

First, gas prices don’t really seem that high to me right now. Am I missing something? Seems like it was almost a $/gallon higher for a couple of years after Katrina.

Unfortunately, gas prices are one of the better predictors of presidential approval over time. Never understood why, but the correlation is very strong.


41 posted on 07/02/2018 2:46:37 PM PDT by Codeflier (Thank you for speaking truth to power President Trump)
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To: mewzilla

>Sheesh. And who’s gonna refine it? Last I checked, refinery >capacity is close to maxxed out. Oil ain’t the problem. >Refining capacity is.

And it’s about time for a refinery fire or some other shit to happen right on queue to inch it up even higher


42 posted on 07/02/2018 2:53:29 PM PDT by nevadapatriot
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To: heights

Gas prices suck.


43 posted on 07/02/2018 2:55:41 PM PDT by Luke21 (The Hill sucks.)
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To: heights

Lets not forget that the $/gal inflation adjusted, exchange rate adjusted, taxes excluded, non-boutique blend, not artificially restricted distribution (ahem, California) price of gasoline is the historically low end of pricing. Gasoline is as cheap as it ever has been.

Why screw with that by inviting further government intervention. If anything we need less government intervention.

This is an excellent site to study

https://inflationdata.com/articles/inflation-adjusted-prices/inflation-adjusted-gasoline-prices/


44 posted on 07/02/2018 3:04:06 PM PDT by FreedomNotSafety
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To: cpdiii

Sheesh. Whether it’s 10 minutes or 10 days is inconsequential. The point is, It is not a solution.


45 posted on 07/02/2018 4:16:20 PM PDT by Cobra64 (Common sense isn’t common anymore)
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To: Okeydoker

An export of 8,000 bbl per day of crude and refined products is a drop in the bucket, as the the U.S. imports over a thousand times more per day of crude oil. Some of that export is solvent for blending heavy crude to improve pumping.


46 posted on 07/02/2018 4:18:12 PM PDT by Ozark Tom
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To: FreedomNotSafety

Stupid and not necessary.

It will correct soon enough.

Sounds like someone has too !any short positions.


47 posted on 07/02/2018 4:48:13 PM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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To: FreedomNotSafety

Nah - Trump asked Saudi to up its production to make up for other declines...if it increases much more, other production venues will kick back in.


48 posted on 07/03/2018 2:44:45 AM PDT by trebb (Too many "Conservatives" who think their opinions outweigh reality these days...)
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To: FreedomNotSafety

gas prices near me were higher few months ago and have come down 30 or so cents a gallon.


49 posted on 07/03/2018 6:44:16 AM PDT by b4me (God Bless the USA)
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