03-10-2022, 03:41 PM | #169 | |
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03-10-2022, 03:44 PM | #170 | |
Drives: 2023 Chevrolet Camaro 2SS 1LE Join Date: Jan 2020
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03-10-2022, 03:45 PM | #171 |
Drives: 2024 2SS Join Date: Dec 2013
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How is it possible to talk about what’s going on in the world without bringing in politics. It’s not. The same people that caused all this mess now they don’t wanna talk about it.
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03-10-2022, 03:46 PM | #172 |
Drives: Camaro 2020 2SS VERT Join Date: Dec 2020
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I agree that Biden shares a huge amount of blame for these prices. The price has increased since he took office prior to Putin.
Not much mention in this thread about blame for the environmental movement that has just as much money as the oil lobby and have been effective at painting North American oil as dirty. |
03-10-2022, 03:56 PM | #173 | |
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03-10-2022, 05:12 PM | #174 |
Drives: 1985 Z28 Join Date: Aug 2020
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OPEC has zero obligation to increase production just because the president of the USA calls asking for more oil.
If anything….. OPEC won’t increase cause they will get more money for less output. |
03-10-2022, 05:43 PM | #175 |
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...and going to OPEC to beg for higher production volume is proof positive of incompetence on a massive scale.
__________________
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03-10-2022, 05:53 PM | #176 | |
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I wonder if oil companies would make as much $$ if they did… Did I mention we’re already the #1 oil producer and still climbing? |
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03-10-2022, 05:55 PM | #177 | |
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Correlation vs causation. Inflation, strong economy, Putin. |
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03-10-2022, 06:00 PM | #178 |
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It's funny how little people mention the gas and oil company's record profits but are quick to mention entities that don't even have direct impact on oil and gas prices. "that dern brandon n hizz confounded soshulizm izz killin da ecornermey!" In one breath "brandon" is a "pinko-socialist" and in the same breath people will scream that he needs to regulate gas prices. You almost sense that the same people probably hate education as you can't be a socialist/commie/etc. and then try to let the market act the way it's supposed to.
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03-10-2022, 06:17 PM | #179 |
Drives: 1985 Z28 Join Date: Aug 2020
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03-10-2022, 10:01 PM | #180 |
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found this: Getting more oil flowing requires capital and comes with high risks in a volatile oil market. With steep losses in recent memory, the investors who control the purse strings are keeping the companies on a tight leash. “Ultimately, companies have to make a decision to risk their capital… nobody knows how this episode is going to play out,” Mark Viviano, managing partner at Kimmeridge, a private equity firm focused on oil and gas, told a packed conference room on March 8. “I don’t think it’s realistic to think there’s going to be a collective industry response to this crisis. Unfortunately, it’s just not the way the industry is.”
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03-11-2022, 03:06 PM | #181 | |
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03-11-2022, 06:37 PM | #182 |
Drives: 2016 1LT RS Convertible Join Date: Apr 2013
Location: Boston
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SS and ZL1 Owners Complaining About Gas Prices, WTF?
Gas was 4.14 per gallon in 2008. Accounting for inflation it would now be $5.38. Get over it. You knew or should have known. I went for the V6 as a result. I average about 30 MPG and I am well positioned for more expensive gas. Given the Ukraine situation I will gladly pay more and walk more as necessary.
The feeling of being pushed back in the seat by massive torque, priceless! I intend to do it with an electric car though. |
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