marvin martian
Emperor
It's no tangent to point out how you enjoyed Obama's oil prices at $125 a barrel and his gas prices at $4.00. It's just another symptom of your insanity.
Gas prices starting to soar
- Thread starter Bugsy McGurk
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Drumcollie
* See DC's list of Kook posters*
Hedge fund manager Kyle Bass thinks demand for oil is about to go up.
"Crude is going to go from a glut to a shortage in the next two years," Bass, the founder and chief investment officer of Hayman Capital Management, told Richard Quest on CNNMoney's "Markets Now" on Wednesday.
Bass thinks that investors are overestimating the impact that electric cars will have on demand for gas.
"There's a view around the world that electric cars are going to really affect hydrocarbon demand in the near term," Bass said. But he thinks that electric cars won't "even dent" demand for traditional fuel until about 2030.
The rebound in oil prices can be attributed to OPEC's efforts to limit production globally and to a decision by the United States to start exporting its own supply.
The United States, on the other hand, has been exporting oil since lawmakers ended a 40-year ban on exports in late 2015.
http://www.krdo.com/news/economy/oil-prices-will-keep-rising-heres-why/734991986
Prices are up and it's due to Saudi Arabia/OPEC and Obama
"Crude is going to go from a glut to a shortage in the next two years," Bass, the founder and chief investment officer of Hayman Capital Management, told Richard Quest on CNNMoney's "Markets Now" on Wednesday.
Bass thinks that investors are overestimating the impact that electric cars will have on demand for gas.
"There's a view around the world that electric cars are going to really affect hydrocarbon demand in the near term," Bass said. But he thinks that electric cars won't "even dent" demand for traditional fuel until about 2030.
The rebound in oil prices can be attributed to OPEC's efforts to limit production globally and to a decision by the United States to start exporting its own supply.
The United States, on the other hand, has been exporting oil since lawmakers ended a 40-year ban on exports in late 2015.
http://www.krdo.com/news/economy/oil-prices-will-keep-rising-heres-why/734991986
Prices are up and it's due to Saudi Arabia/OPEC and Obama
Drumcollie
* See DC's list of Kook posters*
Fuel costs are a large part of my industry, so if gas prices go up it affects our profit margin but if jobs are being created and people are working then our industry gets more customers offsetting the fuel costs. We will earn more when jobs are being created and the employees will make more money.
Farmers are facing higher fuel prices, higher fertilizer prices and now China cut way back for 2 weeks of buying Soybeans ( they buy roughly 50% of all exports ) -which will drive futures prices down even further.
So the Heartland was Trumps playground for votes, I wonder how kind it will be down the road.
But wait, Trump loves farmers, he said so , so all is god on the Trumplandia front
So the Heartland was Trumps playground for votes, I wonder how kind it will be down the road.
But wait, Trump loves farmers, he said so , so all is god on the Trumplandia front
Bugsy McGurk
President
Bugsy McGurk
President
marvin martian
Emperor
Not to mention, if you work for an American company, they are now paying lower taxes thanks to President Trump, so the profit increases there as well.
Higher gas prices are eating up the "tax cuts":
https://www.yahoo.com/finance/news/trumps-iran-policy-hamper-tax-cuts-152952801.html
https://www.yahoo.com/finance/news/trumps-iran-policy-hamper-tax-cuts-152952801.html
Bugsy McGurk
President
GOP nirvana - the lion’s share of the tax cuts went directly to big business, and the tiny tax cuts that went to some ordinary people will now go to Big Oil.
marvin martian
Emperor
You miss the Obama days when oil was $125 a barrel and gas was over $4.00? Do you remember those days?
Bugsy McGurk
President
marvin martian
Emperor
Your dodge is noted. Those Obama numbers you never mentioned make you look pretty stupid, don't they? LOL
justoffal
Senator
You miss paying five dollars a gallon?
I miss paying less than $2.00/gallon.
Bugsy McGurk
President
You’re hung up on reality. The Trump rabble can never confront the fact that prices came way down under Obama, or that they’re soaring under Trump. Reality and Trumpism just don’t get along.
marvin martian
Emperor
You had that under Trump and Bush, too. Gas prices fluctuate. Since you have more money in your pocket because your taxes went down, this shouldn't be an issue.
justoffal
Senator
And you somehow believe that Obama did that? Or more pertinently you think that Trump has caused the prices to rise?
Jo
justoffal
Senator
Trump orders Borsct.....neglects to report it!!
justoffal
Senator
Get back to me when gasoline hits five bucks and when you finally understand that presidents don't control gas prices.
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