Winners only.

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I guess you don't understand how the global oil supply chain works. Oil is both imported and exported from the US. This is done by multinational companies. For example, it may be more expedient, convenient, cost effective for these entities to drill oil in Texas and ship it to Japan and import "replacement" oil from Saudi Arabi than to ship oil all the way from Saudi Arabi to Japan. Most of our imports come from Canada, then Mexico. Ironically Russia was #3 on the list, I'm guessing that is no longer the case. There are other considerations for the game of import/exporting, such as the make up the fuel demand, refining capability/capacity, etc.

The US is the #1 producer of oil in the world and we're actually a net exporter, so the multinational companies we lease land to and then permit to drill said land actually benefit considerably from current gas prices. One might conclude they don't have a lot of motivation to ramp up production.



That is exactly what is happening and what will continue to happen. It's amazing to me that so 'mericans are up in arms about gas prices without even a basic understanding of how the industry works. More permits and more drilling makes Exxon executives rich seems to have little impact at the pump. Crank up US production, who cares, OPEC+ will cut production and oil execs will export US oil because it's profitable to do so. I'm guessing Exxon is making record profits currently.

And what would you have Biden do? Nationalize the oil industry?

And before you fall for another common narrative circulated by the right - the old "we're not building refineries" story. That story is also of a work of fiction.
Jesus Christ. Just because I have an opinion doesn't mean I don't know this and don't know that and I certainly don't need it explained based on your assumption.
 
Look, fuck all the conspiracy theory bullshit, the blame game, OPEC and whatever else you all want to bring into this conversation.

If we (America) are drilling more and producing more oil then why have gas prices been higher since the beginning of Biden's presidency? You want to say more is being done than when Trump was president but his gas prices were lower... why?

You gonna blame Russia, Ukraine, OPEC, Saudi Arabia, Antarctica...
Fvck bringing OPEC into a discussion of gas and oil prices?
I guess we should just ignore grain prices when discussing the cost of bread? Ignore chicken prices when discussing KFC’s annual profits?

Holy fvck are you simple. Absolutely NO clue about how things work, yet happy to complain and pretend you understand it all.

Honest questions: If we cut off oil imports AND exports tomorrow, do you think prices would go up? And, do you think we would be able to stay “afloat”?
 
The AI that is taking over Buck’s world 😅
 

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Good thing you read the post and then comment. :rolleyes:
You want to ignore everything about how oil and gas prices come to be, in a discussion about oil and gas prices.

“Look, **** all the conspiracy theory bullshit, the blame game, OPEC and whatever else you all want to bring into this conversation.”

With that ridiculous opening sentiment, anything else you say must be disregarded
 
You want to ignore everything about how oil and gas prices come to be, in a discussion about oil and gas prices.

“Look, **** all the conspiracy theory bullshit, the blame game, OPEC and whatever else you all want to bring into this conversation.”

With that ridiculous opening sentiment, anything else you say must be disregarded
Yeah, it's hard for you to argue when all YOUR talking points are out of the conversation.
 
Yeah, it's hard for you to argue when all YOUR talking points are out of the conversation.
You mean facts?
Yeah, I find it hard to support a theory without facts. Unlike you, who just makes shit up.

Tell us more about how supply and demand, futures markets, OPEC, oil producers worldwide, etc, are not what cause oil and gas prices to be what they are.
Tell us again how it’s Biden that sets prices.

It’s easy to bullshit when you don’t allow facts into a conversation, eh?
 
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You mean facts?
Yeah, I find it hard to support a theory without facts. Unlike you, who just makes shit up.

Tell us more about how supply and demand, futures markets, OPEC, oil producers worldwide, etc, are not what cause oil and gas prices to be what they are.
Tell us again how it’s Biden that sets prices.

It’s easy to bullshit when you don’t allow facts into a conversation, eh?
No, those are talking points. What is factual about the word OPEC? Yeah, exactly.
 
No, those are talking points. What is factual about the word OPEC? Yeah, exactly.
It’s factual that OPEC exists.
It’s factual that there are 13 member countries from around the world.
It’s factual that OPEC is highly involved in pricing of oil supplies worldwide.
It’s factual that the price of gas is directly connected to the price of oil.

It’s factual that disregarding OPEC because you want to blame Biden for gas prices is a childish and ignorant way to think. It is basically creating a lie to support a narrative.
 
It’s factual that OPEC exists.
It’s factual that there are 13 member countries from around the world.
It’s factual that OPEC is highly involved in pricing of oil supplies worldwide.
It’s factual that the price of gas is directly connected to the price of oil.

It’s factual that disregarding OPEC because you want to blame Biden for gas prices is a childish and ignorant way to think. It is basically creating a lie to support a narrative.
You are reaching man, just stop. Look at you, anything to keep fucking blabbing and fucking arguing. Every time you post and argue it is a childish fucking outburst. You can't just stfu. It's one fucking argument followed by another since you fucking joined this forum you exhausting fucking troll of a little man. Go ahead, call me triggered. I got a trigger for you. Robot.
 
You couldn't be average on your best day. Even your ball "career" was well below average.

You're funny. Full ride scholarships everywhere I played. One of only 5 guys to throw a no - hitter for Tennessee in 112 years. I guess that's average. And voted the best hitter in the nation. Average at best. You're just an average women beating pizza delivery boy. 👍 Keep trying little kid.
 
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