US Oil Producers Fail to Produce

[Shaps]

Why does everyone always try to compare everything to Hitler and Nazis? And honestly, do you think you are accomplishing anything in these forums?

He's just trying to deflect - as most racists do....

https://tfpstudentaction.org/blog/ma...-sanger-quotes

""... these two words [birth control] sum up our whole philosophy... It means the release and cultivation of the better elements in our society, and the gradual suppression, elimination and eventual extinction, of defective stocks -- those human weeds which threaten the blooming of the finest flowers of American civilization." -- Margaret Sanger, "High Lights in the History of Birth Control," Oct 1923.

You can read the remaining disgusting quotes for yourself.

They've just gotten better at marketing their racist, evil ideology than the Nazi's in the past 80 years.

[Methais]

Why does everyone always try to compare everything to Hitler and Nazis? And honestly, do you think you are accomplishing anything in these forums?

They’re projecting.

[Seran]

As anticipated, the bull market for oil is collapsing and oil is down 20% and more from recent highs as demand destruction from Big Oil voraciously manipulating prices is setting in. Word on the street is a growth of 5M barrels of oil stocks versus the anticipated fall of 0.75M from commodities vultures. Long term oil prices have surged lower to $60-$80.

Crude Oil Slumps; Biden Administration Looks to Cut Fuel Prices

Oil prices slumped Wednesday, weighed by plans from the Biden administration to bring down U.S. fuel costs amid fears of a global economic slowdown.

By 08:50 a.m. ET (1250 GMT), U.S. crude futures traded 6.3% lower at $102.64 a barrel, while the Brent contract fell 5.7% to $108.02 a barrel. Both benchmarks have fallen to levels last seen in mid-May.

U.S. Gasoline RBOB Futures were down 3.1% at $3.6773 a gallon.

https://m.investing.com/news/commodi...prices-2839726

[Tgo01]

As anticipated, the bull market for oil is collapsing and oil is down 20%

It's funny because even with oil "collapsing" 20%, it is STILL 33% HIGHER than it was a year ago.

Let me know when oil is back to under 2 dollars a gallon, and not because Biden has completely destroyed the US economy.

[Seran]

It's funny because even with oil "collapsing" 20%, it is STILL 33% HIGHER than it was a year ago.

Let me know when oil is back to under 2 dollars a gallon, and not because Biden has completely destroyed the US economy.

You think oil companies manipulating oil prices higher to take advantage of Putin's invasion of Ukraine is funny? Man, you really are a Republican.

[Parkbandit]

You think oil companies manipulating oil prices higher to take advantage of Putin's invasion of Ukraine is funny? Man, you really are a Republican.

It's like you want to know about stuff.. you just don't have the mental capacity to. Man, you really are a Democrat.

[Shaps]

https://www.msn.com/en-us/money/mark...af8dc765f2c72f

"Fed chairman contradicts Biden, says Russia’s Ukraine invasion not the main inflation driver"

"Hagerty noted that in December 2021, inflation has risen to 7% – up from 1.4% in January 2021, when President Biden took office. Since Russian tanks rolled across the border of Ukraine, inflation has risen incrementally to its current level of 8.6%"

What was that again about it's all Russia, Russia, Russia? Oh... ROFL..

Lefties and Dems only know how to blame others and take their money... they literally have no solutions or positions that help support the American people. They should be tossed out, like their KKK predecessors were.

[Seran]

Thom Tillis, R-NC
THANK, YOU CHAIR POWELL, IN RESPONSE TO A QUESTION FROM SENATOR WARNER AND SENATOR SINEMA, SENATOR WARNER MORE OR LESS ASSERTED THAT WE ARE ALL IN THE SAME BOAT IN TERMS OF INFLATION GLOBALLY, YOU MADE THE POINT ON TWO DIFFERENT OCCASIONS THAT WHAT IS DRIVING INFLATION IN EUROPE AND A LITTLE BIT LESS IN THE UK HAS TO DO WITH SPIRALING ENERGY PRICES COULD YOU TALK A LITTLE BIT BEYOND THE PAIN AT THE GAS PUMP AND THE INCREASED COST OF TRANSPORTATION'S HOW INCREASING I SHOULD SAY I BELIEVE EUROPE IS WHERE THEY ARE THIS IS NOT FOR YOU TO COMMENT ON, BECAUSE THEY MOVED A LITTLE BIT TOO AGGRESSIVELY AND DID NOT LOOK AT RESILIENCY WITH SOME OF THEIR ENERGY IN PLANTS THAT WERE LARGELY AFFECTED BY THE RUSSIAN INVASION. COULD YOU TALK A LITTLE BIT ABOUT THE OTHER COMMODITIES THAT ARE AFFECTED BY RISING INTEREST RATES? WE ARE TALKING ABOUT HOUSING, WE KNOW THE NUMBER OF INPUTS TO HOUSING CONSTRUCTION HAVE GONE UP, CAN YOU TALK A LITTLE BIT MORE ABOUT THE OTHER COMMODITIES THAT ARE INFLUENCED BY INCREASING ENERGY PRICES?

Jerome "Jay" H. Powell
I THINK ENERGY PRICES GO INTO AN AWFUL LOT OF DIFFERENT PLACES IN THE ECONOMY, INCLUDING AS AN INPUT INTO MANUFACTURING GOODS OF ALL KINDS AND PLASTICS, PARTICULARLY. IT IS A BIG CONTRIBUTOR TO INFLATION BEYOND THE ACTUAL ENERGY PRICES.

[~Rocktar~]

Caps lock, cruise control for cool, or so the internet idiots think.

Yeah, producing 40% of all US dollars in existence since the start of this administration had not a thing to do with it. Nooooooo

[Neveragain]

Oil prices surge by 2.5% today. Stock market loses 500 points as consumer confidence report comes in at it's lowest in over a year and inflation concerns continue to mount.