Oil Set to hit $100 as Gas Prices Skyrocket Under Biden…

[yota691]

Steve Forbes: Biden setting stage for 'unnaturally high' oil prices
20,356 views•Mar 12, 2021

 

 

 

 

 

Clarke Gabeled
1 day ago
Meanwhile in Canada, we have millions of barrels of cheap oil we'd be happy to sell you, but your government hates you, our government hates us as well, but here we are.

32

 

 

 

 

Ian Howes
1 day ago
Not just energy - setting stage for MASSIVE taxation, high cost of living, and rampant inflation.

[yota691]

Biden energy policy having 'negative impact on economy': Oil expert

 

 

 

David Adrian
18 minutes ago
Joe Biden represent the interest of China and put the Americans last

 

 

 

Donald Trump J
18 minutes ago
Impeach 46 SAVE OUR NATION 🇺🇲

[yota691]

Former energy secretary predicts gallon of gas rises to at least $4 under Biden

 

 

 

LiarsClub CharterMember
5 days ago
It's heading to $6 by summer!
But, you got TRUMP out and now you're going to PAY, PAY, PAY for Joe and his Commie Ways!

 

 

 

Entertainment Headquarters 24/7
5 days ago
You get what you fraudulently voted for 🗳

[CaptainBVI]

Nice work Mr. President.

[yota691]

‘Hostile’ Biden administration will disturb gas prices: Ex-Shell Oil president
123,460 views•Mar 4, 2021

 

Fox Business

Former Shell Oil President John Hofmeister argues the Biden administration’s pause in oil and gas leasing on federal lands will create a ‘psychology’ in the industry that there will be less available. 

[coorslite21]

Just wait till the shooting starts in the ME.....

 

It shouldn't be long.....

 

CL

[chess]

28 minutes ago, coorslite21 said:

Just wait till the shooting starts in the ME.....

 

It shouldn't be long.....

 

CL

...just as long as we stay out of it!

[caddieman]

AAA reveals reasons behind gas, diesel price increases

TENNESSEE (WJHL) — Motorists remain concerned regarding a recent increase in gas and diesel prices, and Tennesseans can expect to see those prices remain high until later into 2021.

News Channel 11 spoke with AAA spokesperson Megan Cooper, who said these increases stem from a rise in the crude oil price, among several other factors.

“A couple of weeks into this year is when we really started to see those gas prices trickle up,” Cooper said. “A couple months ago, the biggest driving factor that we saw affecting gas prices were those increasing crude oil prices.

“Recently, we’ve seen more of a supply and demand factor take over into really what’s pushing our gas prices higher.”

Another factor that plays a role in the swelling of gasoline and diesel prices includes last month’s deep freeze along the Gulf Coast, resulting in a shutdown in refineries.

“We also saw here domestically a couple of weeks ago that arctic weather in Texas throughout the Gulf Coast region,” Cooper said. “Typically, when we receive those weather threats to the Gulf Coast region, they come in the form of hurricanes, so this was a little bit odd. The reaction in the market was very similar to what we would see if a hurricane were to threaten the Gulf Coast.”

The upcoming warm seasons will see that prices stay higher than usual as gasoline switches blends.

“This is the time of year that the refineries go into maintenance season and prepare to switch from winter-blend gasoline to summer-blend gasoline,” Cooper said. “Summer-blend gasoline is a little more expensive to produce, and we typically see that reflected in our gas prices.”

With warmer seasons also come vacations, and as COVID-19 vaccines become more widespread, many people will start feeling comfortable traveling again, increasing the demand and in turn, the prices.

“What we’re seeing is that the COVID-19 vaccine is providing optimism in the market,” Cooper said. “So, early on, there was that optimism that there could be some kind of return to travel at some point in 2021. 

“We’ve done some research through AAA here in Tennessee, and one of the biggest factors that people are considering when it comes to what would make them more comfortable traveling is that vaccine. So, I think once we start to see that vaccine become more widespread, people will be more comfortable traveling. I think we will see that increase in demand as well. So, one of the biggest factors, I think, is that from what we’ve seen so far is that when people are comfortable traveling, more than likely, that will be in the form of a road trip…which would cause that increase in gasoline demand.”

Some have blamed the spike in gasoline and diesel prices on the halt of the Keystone Pipeline project when President Joe Biden decided to revoke its permit.

Keystone XL halted as Biden decides to revoke permit 

AAA, however, said this factor has little — if anything — to do with gas and diesel price increases.

“From what I understood, that pipeline was not operational yet, so it really shouldn’t have a big impact on our gas prices,” Cooper said. “Right now, currently, the biggest thing that is affecting our gas prices is that tightening supply globally and domestically as well as that increase in gasoline demand.”

While gas prices do remain higher than usual, Tennessee boasts lower prices compared to those in the West Coast and Northeast regions of the country, according to Cooper.

“This is the first week that Tennessee has not fallen in the top 10 least expensive markets across the nation,” she said. “This week, we fell at 12th least expensive in the nation, so even though we have seen some very significant price increases over the last month, we’re still seeing some of the cheapest gas prices compared to other states in the country.”

“There is a bit of a silver lining when you start to compare gas prices across the country. In the last five weeks, we’ve increased about 45 cents. We had six metro areas in Tennessee that saw a 10-cent or more increase over last week, and four out of those six are in the greater East Tennessee region. So, it’s not just Johnson City that’s seen a significant increase over last week.”

 

https://www.wjhl.com/news/local/aaa-reveals-the-reasons-behind-gas-price-increases/

[md11fr8dawg]

19 minutes ago, chess said:

...just as long as we stay out of it!

Good luck with that, the Rats have NEVER seen a war or tax they didn't LOVE!!!

[md11fr8dawg]

caddieman, contact Megan and tell her to saddle up, we're just getting started. Wonder what her next reason will be when we reach $4.00/gal? You know the Rats caring about and helping the little guy/worker.

[caddieman]

7 minutes ago, md11fr8dawg said:

caddieman, contact Megan and tell her to saddle up, we're just getting started. Wonder what her next reason will be when we reach $4.00/gal? You know the Rats caring about and helping the little guy/worker.

Don’t spend that $1400.00 check all in one place.................courtesy of the rats! Zero help from the Q-party

[Shelley]

16 minutes ago, caddieman said:

Don’t spend that $1400.00 check all in one place.................courtesy of the rats! Zero help from the Q-party

That $1,400 will end up costing each American about $20,000 to cover the bill they put forth , life is Grand 

[md11fr8dawg]

1 hour ago, caddieman said:

Don’t spend that $1400.00 check all in one place.................courtesy of the rats! Zero help from the Q-party

Don't let your failing memory overlook that Trump wanted another $2000 and your Rat party dragged their feet and only gave $600 until it was politically advantageous to them to do so. You are not gonna pull that pretzel logic crap and not get called on it.

[Shabibilicious]

5 minutes ago, md11fr8dawg said:

Don't let your failing memory overlook that Trump wanted another $2000 and your Rat party dragged their feet and only gave $600 until it was politically advantageous to them to do so. You are not gonna pull that pretzel logic crap and not get called on it.

 

That is correct, lest we forget DJT filled the average American's coffer with a combined $1800 each in 2020...sorely needed survival money for millions, money to be spent back into goods and services for others.

 

GO RV, then BV

[caddieman]

1 hour ago, md11fr8dawg said:

Don't let your failing memory overlook that Trump wanted another $2000 and your Rat party dragged their feet and only gave $600 until it was politically advantageous to them to do so. You are not gonna pull that pretzel logic crap and not get called on it.

Lol that paltry $600.00 was too do to the Q-party! Look at the vote on it! The Dems wanted the 2000.00

Edited March 16, 2021 by caddieman

[md11fr8dawg]

1 hour ago, Shabibilicious said:

 

That is correct, lest we forget DJT filled the average American's coffer with a combined $1800 each in 2020...sorely needed survival money for millions, money to be spent back into goods and services for others.

 

GO RV, then BV

I believe I said that.

[md11fr8dawg]

17 minutes ago, caddieman said:

Lol that paltry $600.00 was too do to the Q-party! Look at the vote on it! The Dems wanted the 2000.00

Again selective amnesia caddieman. The Rats drug their feet and were NOT about to give Trump any semblance of a victory that close to the election.

[Shabibilicious]

2 minutes ago, md11fr8dawg said:

Again selective amnesia caddieman. The Rats drug their feet and were NOT about to give Trump any semblance of a victory that close to the election.

 

So are you upset at the Dems for passing another stimulus, or because they didn't afford Trump a final victory?

 

GO RV, then BV

[Shelley]

21 minutes ago, caddieman said:

Lol that paltry $600.00 was too do to the Q-party! Look at the vote on it! The Dems wanted the 2000.00

Caddie, you also need to Remember the reasons why the Bill wasn’t passing to happily with Senate .... ONLY 9% of this so called COVID relief package is actually going to COVID relief ..., 91 % of the package and monies are hand outs to pet projects !!!

I'm pissed off that we are all on the hook now to get that paid back !!!

[md11fr8dawg]

9% caddieman for cover relief. 91% to payback the corrupt Rats that gave all that $$ and helped them steal the election. As Rahm said, never let a good crisis go to waste. And if you don't have crisis invent one so you can solve it and show the peeps how much you REALLY care about them and their welfare!!

[TinBadge]

Here is som math for ya...

 

The government has spent nearly 6 TRILLION dollars in virus “relief” Divide that by 330,000,000 Americans it comes out to a pay out of roughly $18,000 each But you *maybe* got $3,200 of that back

 

so who got the other $14,800 !?!

[Shabibilicious]

1 hour ago, TinBadge said:

Here is som math for ya...

 

The government has spent nearly 6 TRILLION dollars in virus “relief” Divide that by 330,000,000 Americans it comes out to a pay out of roughly $18,000 each But you *maybe* got $3,200 of that back

 

so who got the other $14,800 !?!

 

Covid vaccine research, vaccine trials, vaccine production, PPE, PPP, ventilators, etc., etc......

 

GO RV, then BV

[TinBadge]

That’s what they want us to believe happen to it. 🤣

[Shelley]

2 hours ago, Shabibilicious said:

 

Covid vaccine research, vaccine trials, vaccine production, PPE, PPP, ventilators, etc., etc......

 

GO RV, then BV

That’s right it basically went to COVID where’s this money going now ??

[Shabibilicious]

16 hours ago, TinBadge said:

That’s what they want us to believe happen to it. 🤣

 

Well if that's not what happened to it, Donald, and now Joe, have some explaining to do.

 

GO RV, then BV