Gas prices

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dukeman92 said:
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and when he says we make a lot of money, he means "I make a lot of money "

History will say that Trump failed in everything he did for the country as president and will be known as the worst president in history.

But history will also say he was the greatest con man and grifter in our country so that will be his legacy... the Greatest Grifter and the Worst President of all time.
 
Social media is great, but I’d like Trump to get video of his “higher oil prices are great for us” comment.
 
nycfan said:
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“…
The reserve release announced Wednesday, of 400 million barrels of oil and oil products, is more than twice as large as the largest release before, including the ones in the early days of the 2022 Russian war on Ukraine. The move, especially the United States’ decision to release almost half of its already-shrunken strategic oil reserves, was a recognition that the conflict with Iran and its disruptions to global energy flows are not likely to end soon, regardless of the Trump administration’s rhetoric about being virtually done with the war.

“Some 400 million barrels of oil shows up and the price goes up. That could be the market starting to understand the dimensions of the problem,” said Kevin Book, managing director of ClearView Energy Partners, an energy consultancy in Washington. “On the one hand, the market goes, ‘Oh, thank goodness.’ But on the other hand, the market realizes, ‘Oh, my goodness.’”

Benchmark oil traded right around $100 a barrel Thursday afternoon, an 8 percent rise on the day.…”
 
nycfan said:
“…
The reserve release announced Wednesday, of 400 million barrels of oil and oil products, is more than twice as large as the largest release before, including the ones in the early days of the 2022 Russian war on Ukraine. The move, especially the United States’ decision to release almost half of its already-shrunken strategic oil reserves, was a recognition that the conflict with Iran and its disruptions to global energy flows are not likely to end soon, regardless of the Trump administration’s rhetoric about being virtually done with the war.

“Some 400 million barrels of oil shows up and the price goes up. That could be the market starting to understand the dimensions of the problem,” said Kevin Book, managing director of ClearView Energy Partners, an energy consultancy in Washington. “On the one hand, the market goes, ‘Oh, thank goodness.’ But on the other hand, the market realizes, ‘Oh, my goodness.’”

Benchmark oil traded right around $100 a barrel Thursday afternoon, an 8 percent rise on the day.…”
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“… That is particularly a problem for countries in Asia (with the exception of China and Japan, which have their own reserves). The U.S. oil that will be piped out of salt caverns in Louisiana in the coming weeks will take until May at the earliest to reach Asian markets, Energy Aspects noted. That is little consolation for countries in the region that are already seeing the impacts of the disruptions around the Strait of Hormuz.

Bangladesh is dispatching troops to quell fuel riotsand is seeking a waiver to import Russian oil.

Vietnam and South Korea are looking to cap fuelprices.

Pakistan is closing schools and imposing other austerity measures due to the fuel crisis.

Across Southeast Asia, countries are closing offices, limiting travel, and seeking to mitigate sharply rising costs for transport and industry.

At least there are global reserves of oil; there are not such reserves of liquefied natural gas (LNG), which is Asia’s other big headache. The closure of the Strait of Hormuz, and the temporary shutdown of gas production in Qatar, the world’s second-largest LNG exporter, spell particular pain. That will affect industrial activity across South, Southeast, and Northeast Asia, economists said, with the repercussions potentially lasting for months due to delays in restarting production and exports when the war ends.…”
 
dukeman92 said:
at
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There's an endless stream of things Trump has said that if any prominent Democrat had said it they would have been reamed for days if not weeks on network news and social media. The media double standard for Democrats is very real and very, very biased. MAGA pols can make death threats against liberals or minorities and the media collectively yawns and mostly ignores it, Democrats say that Republicans are "extreme" or some such and most news networks get the vapors and act as if what was said was a crime against humanity. Like when AOC recently stumbled briefly in an interview the news media pounced on it as a sign that she was "stupid", even though any honest appraisal of her public speeches and talks would lead to the obvious conclusion that she is a very intelligent, articulate, and sharp interviewer and talker. But Trump says the most idiotic things possible on a daily basis and no media outlet cares. At all.
 
Mulberry Heel said:
There's an endless stream of things Trump has said that if any prominent Democrat had said it they would have been reamed for days if not weeks on network news and social media. The media double standard for Democrats is very real and very, very biased. MAGA pols can make death threats against liberals or minorities and the media collectively yawns and mostly ignores it, Democrats say that Republicans are "extreme" or some such and most news networks get the vapors and act as if what was said was a crime against humanity. Like when AOC recently stumbled briefly in an interview the news media pounced on it as a sign that she was "stupid", even though any honest appraisal of her public speeches and talks would lead to the obvious conclusion that she is a very intelligent, articulate, and sharp interviewer and talker. But Trump says the most idiotic things possible on a daily basis and no media outlet cares. At all.
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Yep. I still believe this nation can have a great future, but we have no chance if the Republicans' current rhetoric becomes the norm going forward. Trump is no different from Calhoun or Toombs or the other southern firebrands in the lead up to the Civil War. Democrats do have some responsibility to avoid descending to their level, but this is a problem the Republicans must fix. MAGA must be a low point. If it's not, we're done.
 
nycfan said:
The U.S. oil that will be piped out of salt caverns in Louisiana in the coming weeks will take until May at the earliest to reach Asian markets, Energy Aspects noted.”
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Ummm... that's not how fungible commodities work. That specific oil doesn't have to make it to the other side of the world before prices go down on that side of the world.

I'm not sire who Energy Aspects is, but I suspect they are working some angle or another. They sure as shit aren't shooting straight.
 
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