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-   -   Gas and diesel rise to 2.99 in Louisville,Ky.... (https://classracer.com/classforum/showthread.php?t=78803)

MR DERBY CITY 03-13-2021 05:19 PM

Gas and diesel rise to 2.99 in Louisville,Ky....
 
Wtf ???????

L.Fite 03-13-2021 06:00 PM

Re: Gas and diesel rise to 2.99 in Louisville,Ky....
 
People going back to work...
Demand rises...
Current administration hostile toward oil...
Oil companies not producing...
Russia, China, OPEC lovin' it...

Perfect formula for $4.00 gas by summer...
If not higher...

Votes have consequences...
Careful what you wish for...
For you may just get it...

I've been called a cynic...
I see it more as a realist...
:eek:

My two cents...
You millage may vary...

Randy Wells 03-13-2021 06:46 PM

Re: Gas and diesel rise to 2.99 in Louisville,Ky....
 
MJ, it is just going to get better, Conoco Alaska stop construction, on a 2 Billion dollar field called Willow on the North Slop of Alaska. 560 million barrels. Have a lot of oil field friends lost there jobs because of the Commie 9th district court putting out a court order to stop construction. $4 a gallon by fall.

John Kissel 03-13-2021 07:36 PM

Re: Gas and diesel rise to 2.99 in Louisville,Ky....
 
I have been home the past 2 weeks from an operation. I went down to day to buy some gas, $3.25 for off brand 93. Just remember all you kommie supporters, this is going to hurt you too.Get your chinee boots& hats from e-bay so you will be dressed for the may day parade. joe will be proud.

SStockDart 03-13-2021 09:27 PM

Re: Gas and diesel rise to 2.99 in Louisville,Ky....
 
Welcome to the world, as it will be for a few years. Gas prices up $.80 here....thanks to shutting down the pipeline. Brazilian COPD19 is now in Arizona. The first order of business was to open the borders.

Wouldn't it be appropriate for this to just hit liberals that voted for "The Big Guy".

Billy Nees 03-14-2021 07:21 AM

Re: Gas and diesel rise to 2.99 in Louisville,Ky....
 
Gas is 3.03 and diesel is 3.30 here!

Eddies66 03-14-2021 09:43 AM

Re: Gas and diesel rise to 2.99 in Louisville,Ky....
 
Was reading an article that the recent rise in oil prices is not because of a shortage of oil but debt and their obligation to their shareholders. The article reads: “Banks are preparing for a wave of oil bankruptcies by setting up their own oil companies to operate seized assets. Regulators in Texas are considering setting limits on the state’s production, an approach more reminiscent of Soviet-style central planning than a Republican-controlled regulatory body. An oil company executive just admitted, ″No one wants to give us capital because we have all destroyed capital and created economic waste.”


Not my opinion just a point of interest, I am looking $3.50 to $4.00 here in SoCal. But I am not driving like I did in Nevada, going 45 miles for a loaf of bread.

Randy Wells 03-14-2021 10:24 AM

Re: Gas and diesel rise to 2.99 in Louisville,Ky....
 
Quote:

Originally Posted by Eddies66 (Post 636529)
Was reading an article that the recent rise in oil prices is not because of a shortage of oil but debt and their obligation to their shareholders. The article reads: “Banks are preparing for a wave of oil bankruptcies by setting up their own oil companies to operate seized assets. Regulators in Texas are considering setting limits on the state’s production, an approach more reminiscent of Soviet-style central planning than a Republican-controlled regulatory body. An oil company executive just admitted, ″No one wants to give us capital because we have all destroyed capital and created economic waste.”


Not my opinion just a point of interest, I am looking $3.50 to $4.00 here in SoCal. But I am not driving like I did in Nevada, going 45 miles for a loaf of bread.


You crack me up Eddie, I know your the smartest person on classracer, but if you found an article like you quote you must of dug deep into some anti hydrocarbon news source that leans toward communism. You don't know sh** about oil quit pretending you do, and you might want to stay off those dark sites. Reveal your source for this BS you quote.

What you don't understand the definition of an oil company could be any mom and pop operation that services big oil, Fracking Operations, water disposal companies, wireline companies, all small business that by definition is an oil company. Yes they were hit hard by that chinese flu, and going out of business, pervert Joe's policy destroyed any chance of a rebound. But the price of oil is still based on supply and demand period. US production down 2 MBPD.
Randy Wells
I/S 5628

Greg Reimer 7376 03-14-2021 10:52 AM

Re: Gas and diesel rise to 2.99 in Louisville,Ky....
 
Just hit $4.00 a gallon out here. I imagine they are real proud of that.

Carguy49 03-14-2021 11:44 AM

Re: Gas and diesel rise to 2.99 in Louisville,Ky....
 
Gas has gone from $2.49 to $3.16 for the CHEAP stuff - 93 octane.

Here we go again, probably $4.00 by fall???? Hope NOT.


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