[Wyzz Kydd]

Originally Posted by Aragorn

Keystone has become a political password nothing else. Zero effect on supply.
Also over 9000 permits available.
Demand is high right now and Russian/ Ukraine situation doesn’t help.

Right! And fuel comes from Santa Claus. If you think you can cut off a major pipeline with no consequences you must live in middle earth or some other fairytale place.

Yeah there are permits available, but by a very strange coincidence they’re permits to drill where nobody wants to, rather than permits to drill where there’s actually something worth drilling for.

As I said earlier, if the problem isn’t supply, why is the current administration releasing fuel from the emergency reserve and begging anyone but domestic producers to pump more.

Lol! Talk about willful blindness.

[Realist]

Premium is $5.75 at speedway in Lemont, IL, pumped into my motorcycle. I’m glad I’m not racking up mileage for work anymore, at current prices it would be about $22 in gas and another $4 in daily tolls.

Guess it depends on where folks get their news and information as to who to blame. It seems to me there is a boot on the oil industry’s neck in many ways. It’s not only about oil leases but also Gov slow walking processes.

[Martinjlm]

Originally Posted by Alan47717

Nice try at attempting to shame calling the issue out. If that particular post has been deleted it is the exception. A lot of political name calling posts remain on this and other threads.

I wasn’t trying to shame calling the issue out. I was actually trying to help you. You’re welcome..

[Martinjlm]

Originally Posted by Aragorn

Keystone has become a political password nothing else. Zero effect on supply.
Also over 9000 permits available.
Demand is high right now and Russian/ Ukraine situation doesn’t help.

Absolutely correct. US is the #1 producer of petroleum. Russia is #2. Saudi Arabia #3. Now that most (maybe all?) of Europe is cut off from Russian oil, imports from the US help fill the void. And the price is higher. And the profits are higher to sell the oil in Europe than in the US where it’s produced. That’s how the invasion of Ukraine is impacting our fuel prices. Like it or not, it’s all globally linked.

[Aragorn]

Originally Posted by Wyzz Kydd

Right! And fuel comes from Santa Claus. If you think you can cut off a major pipeline with no consequences you must live in middle earth or some other fairytale place.

Yeah there are permits available, but by a very strange coincidence they’re permits to drill where nobody wants to, rather than permits to drill where there’s actually something worth drilling for.

As I said earlier, if the problem isn’t supply, why is the current administration releasing fuel from the emergency reserve and begging anyone but domestic producers to pump more.

Lol! Talk about willful blindness.

Whatever fuel would’ve been moving through that now famous pipeline is being transferred via other pipelines- yes there are other pipelines and/or is being shipped on over the road trucks. Logistics 101.

They’re not drilling because it takes a long time to reap the benefits and and because they claim they took a shellacking in 2020. Obviously last year they made billions. This year will most likely be the same.

It’s supply and demand. What a few of us have been tying get across is that the US is more than pulling its weight as far supply is concerned but we need other OPEC nations to do the same. As mentioned before, in 2021 we produced more than in 2020 and we were the worlds largest producer. This year we’re on track to bear 2021. Pretty impressive in my opinion. Now we just need a little Stalin to exit Ukraine.

[Aragorn]

Originally Posted by Realist

Guess it depends on where folks get their news and information as to who to blame. It seems to me there is a boot on the oil industry’s neck in many ways. It’s not only about oil leases but also Gov slow walking processes.

Yes where they get their news and what fits their narrative.

That and they lost $$$ in 2020 and are making billions now. That factors into there strategy.

[SATINSTEEL1LE]

Just paid $5.15 for 93 outside of Tampa FL. Man this sucks.

[Wyzz Kydd]

Originally Posted by Aragorn

Whatever fuel would’ve been moving through that now famous pipeline is being transferred via other pipelines- yes there are other pipelines and/or is being shipped on over the road trucks. Logistics 101.

They’re not drilling because it takes a long time to reap the benefits and and because they claim they took a shellacking in 2020. Obviously last year they made billions. This year will most likely be the same.

It’s supply and demand. What a few of us have been tying get across is that the US is more than pulling its weight as far supply is concerned but we need other OPEC nations to do the same. As mentioned before, in 2021 we produced more than in 2020 and we were the worlds largest producer. This year we’re on track to bear 2021. Pretty impressive in my opinion. Now we just need a little Stalin to exit Ukraine.

Right! They were just building that pipeline for the hell of it. It wasn't really needed. Companies routinely drop billions on infrastructure they don't need.

Right again. Oil companies never drill, because it takes so long to reap the benefits. They just stand there and hope oil will shoot out of the ground.

BTW, you do know that multiple members of the current administration have stated that we need to see higher gas prices to help motivate people to buy EVs? One just recently said this was a 'great transition.'

It's pure coincidence that after they took office prices went up?

[pauly1119]

Prices are 5 per gallon. FJB

[s346k]

i paid 4.39 for ethanol yesterday. the highest around here, but also the closest to my house. today is looking like a great day to go burn some of that off. have to throw the laptop on it and see what kind of content we're working with.

[Wyzz Kydd]

This takes me back, way back. It feels like 1978 again. $4.37 for premium yesterday.

[gpskinzhut]

$5.13 for Shell 93 this morning. Ugh.

[N Camarolina]

Originally Posted by Wyzz Kydd

Right! They were just building that pipeline for the hell of it. It wasn't really needed. Companies routinely drop billions on infrastructure they don't need.

Right again. Oil companies never drill, because it takes so long to reap the benefits. They just stand there and hope oil will shoot out of the ground.

BTW, you do know that multiple members of the current administration have stated that we need to see higher gas prices to help motivate people to buy EVs? One just recently said this was a 'great transition.'

It's pure coincidence that after they took office prices went up?

Man, did you forget about Worldwide COVID as well as China's ongoing industrial revolution? China has a huge population and is experiencing such a rapid development that were it not for COVID shut downs, they'd be putting more and more vehicles on the road every day at a staggering pace (gas demand increase). That in itself will push up global demand for gas. Add worldwide COVID quaranteens and shut downs that we started to emerge from in 2021, and you have massive demand increase. Gas prices can only go up.

But I'll throw you a bone and acknowledge that there may be some desire to push American's toward electric vehicles by allowing gas prices to remain high. Who remembers the 2x price rise in gas in the year that followed hurricane Katrina? At the time we had the vast majority of Americans driving truck-frame-based SUVs that were gas guzzlers, and with no interest in doing anything toward trying to conserve gas to mitigate global warming. But when the gas price (87 octane) went to $4.25 to 4.50 a gallon, people started jumping out of windows, selling their SUVs, and buying more fuel efficient cars, and hybrids. Do you think that lesson was lost on our politicians? It's hard to motivate humans to willingly undergo change, as well to put other's needs ahead of their own. Gas price may be one of the levers to provide change.

[bigd1276]

Because as we all know, politicians are smarter than we are and know what’s best. They are quite selfless.