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Old 05-23-2022, 05:05 AM
 
1,084 posts, read 441,051 times
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I know this is not the exact right forum to post, but many people drive here.

Right now very few countries are buying Russian oil, after the war, will countries still not buy it? If so, gas prices might average above above 4$ for a very long time.
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Old 05-23-2022, 05:16 AM
 
Location: western NY
6,406 posts, read 3,125,573 times
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When President Trump left office, the United States was energy independent, and gasoline was in the neighborhood of $3/gallon. What changed??? The answer is quite obvious, and all we have to do is revert back to the Trump policies, and we'd be energy independent, once again. Think about that......and if you choose to indeed give it some thought, be honest with yourself!
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Old 05-23-2022, 05:16 AM
 
Location: On the Chesapeake
45,306 posts, read 60,489,441 times
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I would imagine it will be the same situation as when South African diamonds and gold were embargoed and "no one bought them" (except they did).

If no one else Germany hitched its energy future to Russia.
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Old 05-23-2022, 06:04 AM
 
10,864 posts, read 6,462,437 times
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Quote:
Originally Posted by accord2008 View Post
I know this is not the exact right forum to post, but many people drive here.

Right now very few countries are buying Russian oil, after the war, will countries still not buy it? If so, gas prices might average above above 4$ for a very long time.
countries are still buying Russian oil,but the problem is -it is not easy to find carrier and insurance.
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Old 05-23-2022, 08:06 AM
 
17,595 posts, read 17,623,242 times
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I don’t think the pressure on Russia will ease up until after Putin is no longer in power and whomever is his replacement makes an honest show at not trying to follow Putin’s expansion though assassinations and military force.
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Old 05-23-2022, 08:17 AM
 
Location: On the Chesapeake
45,306 posts, read 60,489,441 times
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Quote:
Originally Posted by victimofGM View Post
I don’t think the pressure on Russia will ease up until after Putin is no longer in power and whomever is his replacement makes an honest show at not trying to follow Putin’s expansion though assassinations and military force.
So, in other words, go against the centuries of the historic way things are done in Russia?
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Old 05-23-2022, 08:29 AM
 
Location: Maryland
3,798 posts, read 2,316,365 times
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Quote:
Originally Posted by leadfoot4 View Post
When President Trump left office, the United States was energy independent, and gasoline was in the neighborhood of $3/gallon. What changed??? The answer is quite obvious, and all we have to do is revert back to the Trump policies, and we'd be energy independent, once again. Think about that......and if you choose to indeed give it some thought, be honest with yourself!
Ok, since you want to get political... We are honest. When Trump was in office he had a pandemic that he dealt with really badly, demand cratered as no one was flying, or on cruise ships and everybody started working from home and not commuting. So supply and demand meant oil prices tanked, with gasoline prices following. Trump's policy of making sure that Saudis stopped producing (a policy and trade agreement that ends this year) also meant that there wasn't enough production and supply when demand went back up now that everyone is back to work, flying, and on cruise ships... Since production and supply remained low when demand shot up, the laws of supply and demand meant prices shot up.

Here it is from one of your favorite right wing outlets, praising him for that historic deal that caused production to remain cut after demand went back up AND talks about how those low oil prices from the drop in demand meant a lot of oil producers in the US went bankrupt.

https://www.foxbusiness.com/markets/...-oil-deal-role

Reading between the lines shows that the pandemic was horrific to the oil companies and his Covid policies meant that the country wasn't ready for what happened then or after.
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Old 05-23-2022, 08:33 AM
Status: "Realtor" (set 26 days ago)
 
1,485 posts, read 789,695 times
Reputation: 2116
Quote:
Originally Posted by cvetters63 View Post
Ok, since you want to get political... We are honest. When Trump was in office he had a pandemic that he dealt with really badly, demand cratered as no one was flying, or on cruise ships and everybody started working from home and not commuting.

Reading between the lines shows that the pandemic was horrific to the oil companies and his Covid policies meant that the country wasn't ready for what happened then or after.
Ummm Trump handled the pandemic very well and started the process to get two vaccines approved in record time. It was democratic run states the had the worst problems and still do.
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Old 05-23-2022, 08:41 AM
 
Location: Upstate
9,491 posts, read 9,801,818 times
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China and India are buying Russian Oil, that's a couple of pretty big customers.
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Old 05-23-2022, 08:59 AM
 
17,595 posts, read 17,623,242 times
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Quote:
Originally Posted by cvetters63 View Post
Ok, since you want to get political... We are honest. When Trump was in office he had a pandemic that he dealt with really badly, demand cratered as no one was flying, or on cruise ships and everybody started working from home and not commuting. So supply and demand meant oil prices tanked, with gasoline prices following. Trump's policy of making sure that Saudis stopped producing (a policy and trade agreement that ends this year) also meant that there wasn't enough production and supply when demand went back up now that everyone is back to work, flying, and on cruise ships... Since production and supply remained low when demand shot up, the laws of supply and demand meant prices shot up.

Here it is from one of your favorite right wing outlets, praising him for that historic deal that caused production to remain cut after demand went back up AND talks about how those low oil prices from the drop in demand meant a lot of oil producers in the US went bankrupt.

https://www.foxbusiness.com/markets/...-oil-deal-role

Reading between the lines shows that the pandemic was horrific to the oil companies and his Covid policies meant that the country wasn't ready for what happened then or after.
You left out the fact that once Biden took office he put a stop to the oil pipeline and put a stop to measures Trump had enacted, both of which caused a spike in oil prices and a reduction in oil production within USA lands and waters. Sadly environmentalist claim to want to protect the environment but by trying to restrict oil production in USA they are hurting US workers and harming the environment by sending oil production to countries whose oil production do not have the EPA restrictions placed on US oil production. While many foreign oil production pay virtually slave wages on workers, US oil production pays living wages and supports many surrounding businesses and industries. While US oil production must meet strict EPA standards on pollution, many of their foreign counterparts don’t have such restrictions and freely pollute the air, land, and water. While a newly built refinery can produce gas and diesel in a much more efficient manner in higher volumes, environmentalist prevent such refineries from being built through lawsuits and like minded government officials.
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