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-   -   Home and Auto Gasoline over $4 coming to a pump near you because this thread is ass (https://www.chiefsplanet.com/BB/showthread.php?t=293487)

Bob Dole 07-31-2015 05:49 AM

2.25 Tuesday, 2.39 Wednesday, 2.22 Thursday. Nope...nothing strange going on here.

Donger 07-31-2015 05:57 AM

Quote:

Originally Posted by DaneMcCloud (Post 11628942)
Then I guess it's your job, on behalf of Big Oil and Big Energy, to convince Congress to create more refineries.



http://images.t-nation.com/forum_ima...tillerDoIt.jpg

If I do, would you agree to ask him to increase his range? He's got about as much as a Daisy air rifle.

Donger 07-31-2015 06:00 AM

Quote:

Originally Posted by kstater (Post 11628987)
Donger, if we export, doesn't that lower supply and raise prices?

I wouldn't think so. The supply wouldn't go up or down. It is what it is. This would just allow for our increased crude supply to actually enter the global market.

Donger 08-03-2015 07:29 AM

Crude having a good fall today so far. Down 2.08% to $46.14

notorious 08-03-2015 08:07 AM

Adjusted for inflation, a gallon of gas today is cheaper then in 1985. LMAO

Donger 08-03-2015 11:03 AM

Wow. Now down 3.29% at $45.57

DaneMcCloud 08-03-2015 11:05 AM

Quote:

Originally Posted by Donger (Post 11635565)
Wow. Now down 3.29% at $45.57

It dropped to $3.59 this weekend at the Burbank Costco.

I didn't bother filling up because I assume, maybe incorrectly, that it'll continue to drop this week.

Donger 08-03-2015 11:06 AM

Quote:

Originally Posted by DaneMcCloud (Post 11635574)
It dropped to $3.59 this weekend at the Burbank Costco.

I didn't bother filling up because I assume, maybe incorrectly, that it'll continue to drop this week.

Keep in mind that it takes weeks for such a drop to hit the pumps.

RaiderH8r 08-03-2015 11:11 AM

Quote:

Originally Posted by Donger (Post 11629004)
I wouldn't think so. The supply wouldn't go up or down. It is what it is. This would just allow for our increased crude supply to actually enter the global market.

Gasoline is more closely tied to Brent than WTI simply because gasoline, and other petroleum products, can be exported and are therefor more closely tied to global supply/demand dynamics.

Donger 08-03-2015 11:14 AM

Quote:

Originally Posted by RaiderH8r (Post 11635597)
Gasoline is more closely tied to Brent than WTI simply because gasoline, and other petroleum products, can be exported and are therefor more closely tied to global supply/demand dynamics.

Right, and with our WTI suddenly being capable of being exported, I don't see why gasoline prices would go up at all.

Bowser 08-03-2015 11:34 AM

Quote:

Originally Posted by Donger (Post 11635579)
Keep in mind that it takes weeks for such a drop to hit the pumps.

And yet when the inverse occurs it takes but hours to apply....

Donger 08-03-2015 11:37 AM

Quote:

Originally Posted by Bowser (Post 11635677)
And yet when the inverse occurs it takes but hours to apply....

Yes, for reasons I've explained many times.

Valiant 08-03-2015 11:42 AM

Quote:

Originally Posted by notorious (Post 11635269)
Adjusted for inflation, a gallon of gas today is cheaper then in 1985. LMAO

Really? What about in the late 90s when I was paying low to mid 90 cents.

Bowser 08-03-2015 11:42 AM

Quote:

Originally Posted by Donger (Post 11635683)
Yes, for reasons I've explained many times.

....as you type it on your gold plated iPad from your yacht sailing between Aruba and the Caymans. THANKS FOR THE INSIGHT

Donger 08-03-2015 11:45 AM

Quote:

Originally Posted by Bowser (Post 11635695)
....as you type it on your gold plated iPad from your yacht sailing between Aruba and the Caymans. THANKS FOR THE INSIGHT

https://mergenmelinda.files.wordpres...9-download.jpg


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