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News AAA - Gas Hits $4
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PetroCajun Offline
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Post: #1441
RE: AAA - Gas Hits $4
Robert Rapier is very good.

I also like reading what Irina Slav puts out, and Mark LaCour has a good podcast (Oil & Gas This Week) on the Oil & Gas Global Network channel.
11-02-2026 03:10 PM
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Eldonabe Offline
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Post: #1442
RE: AAA - Gas Hits $4
(11-02-2026 02:56 PM)BirdHawkEagle Wrote:  
(11-02-2026 02:55 PM)GeminiCoog Wrote:  
(11-02-2026 02:44 PM)BirdHawkEagle Wrote:  
(11-02-2026 11:04 AM)GeminiCoog Wrote:  Let's see... Should I listen to someone who gets his "petroleum insights" from a guy who's been known to have a leftist slant in everything he does, even when it doesn't require one, or someone who actually works in the oil industry like PetroCajun? Gee whiz, Wally! The choice is hard! /sarcasm

Tom just love polishing the left's chrome it's become pathetic. 07-coffee3 (And yes, I said it. Deal with it.)

As I said before, I like this version of you better.

I woke up in a mood this morning. lol

I'm always in a mood.

Ask my wife.

A mood or THE mood?
11-02-2026 03:52 PM
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Eldonabe Offline
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Post: #1443
RE: AAA - Gas Hits $4
(11-02-2026 03:04 PM)BirdHawkEagle Wrote:  I still trust PetroCajun over your sources, Tom.

Actually, those two guys are both pretty good and wired in with how this sh*t works.

I may spar with Tom a bit over some semantics on this particular subject, but his info is pretty solid.



The major difference in opinion on this is personal tolerance for the stated goal. If you are not behind the goal, prices are too high; if you are for the goal, you are more willing to pay up in the short run. I understand the mechanics, but I do happen to believe in the stated goal. Short term (medium term) pain, long term gain.
11-02-2026 03:56 PM
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Redwingtom Offline
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Post: #1444
RE: AAA - Gas Hits $4
(11-02-2026 03:56 PM)Eldonabe Wrote:  
(11-02-2026 03:04 PM)BirdHawkEagle Wrote:  I still trust PetroCajun over your sources, Tom.

Actually, those two guys are both pretty good and wired in with how this sh*t works.

I may spar with Tom a bit over some semantics on this particular subject, but his info is pretty solid.



The major difference in opinion on this is personal tolerance for the stated goal. If you are not behind the goal, prices are too high; if you are for the goal, you are more willing to pay up in the short run. I understand the mechanics, but I do happen to believe in the stated goal. Short term (medium term) pain, long term gain.

Thanks.

And nowhere have I ever claimed either of them were or are infallible.

But if you're going to disagree with them, you better have the goods to back it up. If you're just going to bring political talking points from politicians to the table, you're going to lose and get embarrassed doing so. And no, I don't trust politicians from either side of the aisle when it comes to O&G.

But to your last point, you are free to that opinion. But we will just have to disagree when it comes to this being anything I consider to be "short-term" as well as I don't see where we are really going to gain anything here. IMO Iran has never been close to a deliverable weapon to threaten us and the bombing by trump last year did likely make that even more impossible...if it even could have.

I still hold the opinion that the Obama deal was working and it should have been stuck with until trump had something he thought was better. Just work on something better...modify it. Just don't **** can it. But that's peak trump. I still think he just resents Obama because he knows that he fails by comparison, bigly. 03-wink
11-02-2026 04:40 PM
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UofMstateU Offline
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Post: #1445
RE: AAA - Gas Hits $4
Wholesale gas prices dropped 8% today to $2.89 per gallon.
11-02-2026 04:41 PM
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Redwingtom Offline
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Post: #1446
RE: AAA - Gas Hits $4
(11-02-2026 04:41 PM)UofMstateU Wrote:  Wholesale gas prices dropped 8% today to $2.89 per gallon.

Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz
11-02-2026 04:48 PM
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GeminiCoog Offline
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Post: #1447
RE: AAA - Gas Hits $4
(11-02-2026 03:56 PM)Eldonabe Wrote:  
(11-02-2026 03:04 PM)BirdHawkEagle Wrote:  I still trust PetroCajun over your sources, Tom.

Actually, those two guys are both pretty good and wired in with how this sh*t works.

I may spar with Tom a bit over some semantics on this particular subject, but his info is pretty solid.



The major difference in opinion on this is personal tolerance for the stated goal. If you are not behind the goal, prices are too high; if you are for the goal, you are more willing to pay up in the short run. I understand the mechanics, but I do happen to believe in the stated goal. Short term (medium term) pain, long term gain.

Okay. That’s fair. I’ll go along with that.
11-02-2026 04:53 PM
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PetroCajun Offline
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Post: #1448
RE: AAA - Gas Hits $4
(11-02-2026 04:48 PM)Redwingtom Wrote:  
(11-02-2026 04:41 PM)UofMstateU Wrote:  Wholesale gas prices dropped 8% today to $2.89 per gallon.

Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz

Well the average for Regular in TX and LA is $3.6453 and $3.7687 respectively.

Meanwhile, CA and OR are $5.9063 and $4.7879 respectively.
11-02-2026 05:12 PM
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Mr_XcentricK Offline
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Post: #1449
RE: AAA - Gas Hits $4
(11-02-2026 05:12 PM)PetroCajun Wrote:  
(11-02-2026 04:48 PM)Redwingtom Wrote:  
(11-02-2026 04:41 PM)UofMstateU Wrote:  Wholesale gas prices dropped 8% today to $2.89 per gallon.

Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz

Well the average for Regular in TX and LA is $3.6453 and $3.7687 respectively.

Meanwhile, CA and OR are $5.9063 and $4.7879 respectively.

Now compare the prices to average income and which states are prepared to take the “temporary” hit better?
11-02-2026 08:05 PM
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BirdHawkEagle Away
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Post: #1450
RE: AAA - Gas Hits $4
(11-02-2026 03:56 PM)Eldonabe Wrote:  
(11-02-2026 03:04 PM)BirdHawkEagle Wrote:  I still trust PetroCajun over your sources, Tom.

Actually, those two guys are both pretty good and wired in with how this sh*t works.

I may spar with Tom a bit over some semantics on this particular subject, but his info is pretty solid.



The major difference in opinion on this is personal tolerance for the stated goal. If you are not behind the goal, prices are too high; if you are for the goal, you are more willing to pay up in the short run. I understand the mechanics, but I do happen to believe in the stated goal. Short term (medium term) pain, long term gain.

I don't trust Tom on anything he says.

He can never keep his story straight.
11-02-2026 08:14 PM
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VA49er Offline
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Post: #1451
RE: AAA - Gas Hits $4
(11-02-2026 04:48 PM)Redwingtom Wrote:  
(11-02-2026 04:41 PM)UofMstateU Wrote:  Wholesale gas prices dropped 8% today to $2.89 per gallon.

Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz

What? That never happens, so why should it happen now. However, you do know that the wholesale price influences the retail price, like always.
11-03-2026 08:59 AM
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UofMstateU Offline
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Post: #1452
RE: AAA - Gas Hits $4
(11-02-2026 08:05 PM)Mr_XcentricK Wrote:  
(11-02-2026 05:12 PM)PetroCajun Wrote:  
(11-02-2026 04:48 PM)Redwingtom Wrote:  
(11-02-2026 04:41 PM)UofMstateU Wrote:  Wholesale gas prices dropped 8% today to $2.89 per gallon.

Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz

Well the average for Regular in TX and LA is $3.6453 and $3.7687 respectively.

Meanwhile, CA and OR are $5.9063 and $4.7879 respectively.

Now compare the prices to average income and which states are prepared to take the “temporary” hit better?

When inflation is considered, gas prices are lowest under Trump (including now), then higher under Biden*, then the highest under Obama.

keep flailing

also, the use of "wholesale" pricing is relevant because it removes additional pricing to consumers such as taxes, which goes up even when gas does not.
11-03-2026 09:23 AM
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Eagleaidaholic Offline
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Post: #1453
RE: AAA - Gas Hits $4
(11-02-2026 08:05 PM)Mr_XcentricK Wrote:  
(11-02-2026 05:12 PM)PetroCajun Wrote:  
(11-02-2026 04:48 PM)Redwingtom Wrote:  
(11-02-2026 04:41 PM)UofMstateU Wrote:  Wholesale gas prices dropped 8% today to $2.89 per gallon.

Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz

Well the average for Regular in TX and LA is $3.6453 and $3.7687 respectively.

Meanwhile, CA and OR are $5.9063 and $4.7879 respectively.

Now compare the prices to average income and which states are prepared to take the “temporary” hit better?
Cost of living is also a thing.
11-03-2026 09:57 AM
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Mr_XcentricK Offline
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Post: #1454
RE: AAA - Gas Hits $4
(11-03-2026 09:57 AM)Eagleaidaholic Wrote:  
(11-02-2026 08:05 PM)Mr_XcentricK Wrote:  
(11-02-2026 05:12 PM)PetroCajun Wrote:  
(11-02-2026 04:48 PM)Redwingtom Wrote:  
(11-02-2026 04:41 PM)UofMstateU Wrote:  Wholesale gas prices dropped 8% today to $2.89 per gallon.

Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz

Well the average for Regular in TX and LA is $3.6453 and $3.7687 respectively.

Meanwhile, CA and OR are $5.9063 and $4.7879 respectively.

Now compare the prices to average income and which states are prepared to take the “temporary” hit better?
Cost of living is also a thing.

blue states having more disposable income is still a thing.
11-03-2026 12:20 PM
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BirdHawkEagle Away
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Post: #1455
RE: AAA - Gas Hits $4
Then use that disposable income to spend it on every left wing woke initiative you leftists can think of.
(This post was last modified: 11-03-2026 12:22 PM by BirdHawkEagle.)
11-03-2026 12:21 PM
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Eagleaidaholic Offline
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Post: #1456
RE: AAA - Gas Hits $4
(11-03-2026 12:20 PM)Mr_XcentricK Wrote:  
(11-03-2026 09:57 AM)Eagleaidaholic Wrote:  
(11-02-2026 08:05 PM)Mr_XcentricK Wrote:  
(11-02-2026 05:12 PM)PetroCajun Wrote:  
(11-02-2026 04:48 PM)Redwingtom Wrote:  Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz

Well the average for Regular in TX and LA is $3.6453 and $3.7687 respectively.

Meanwhile, CA and OR are $5.9063 and $4.7879 respectively.

Now compare the prices to average income and which states are prepared to take the “temporary” hit better?
Cost of living is also a thing.

blue states having more disposable income is still a thing.
Then why are Democrats always pbitchin about "Affordability". Their prices will ALWAYS be higher no matter who is running the Federal Government. And their taxes will keep going higher and higher.
11-03-2026 12:26 PM
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Eldonabe Offline
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Post: #1457
RE: AAA - Gas Hits $4
(11-03-2026 12:20 PM)Mr_XcentricK Wrote:  
(11-03-2026 09:57 AM)Eagleaidaholic Wrote:  
(11-02-2026 08:05 PM)Mr_XcentricK Wrote:  
(11-02-2026 05:12 PM)PetroCajun Wrote:  
(11-02-2026 04:48 PM)Redwingtom Wrote:  Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz

Well the average for Regular in TX and LA is $3.6453 and $3.7687 respectively.

Meanwhile, CA and OR are $5.9063 and $4.7879 respectively.

Now compare the prices to average income and which states are prepared to take the “temporary” hit better?
Cost of living is also a thing.

blue states having more disposable income is still a thing.


Well gosh, I guess their residents should have no problem paying even higher taxes to cover the Debts their states have accumulated.
11-03-2026 12:34 PM
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Mr_XcentricK Offline
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Post: #1458
RE: AAA - Gas Hits $4
(11-03-2026 09:57 AM)Eagleaidaholic Wrote:  
(11-02-2026 08:05 PM)Mr_XcentricK Wrote:  
(11-02-2026 05:12 PM)PetroCajun Wrote:  
(11-02-2026 04:48 PM)Redwingtom Wrote:  
(11-02-2026 04:41 PM)UofMstateU Wrote:  Wholesale gas prices dropped 8% today to $2.89 per gallon.

Call me when we start buying gas directly from the wholesale market to put in our car. 03-zzz

Well the average for Regular in TX and LA is $3.6453 and $3.7687 respectively.

Meanwhile, CA and OR are $5.9063 and $4.7879 respectively.

Now compare the prices to average income and which states are prepared to take the “temporary” hit better?
Cost of living is also a thing.

blue states having more disposable income is still a thing.
11-03-2026 12:48 PM
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BirdHawkEagle Away
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Post: #1459
RE: AAA - Gas Hits $4
(11-03-2026 12:34 PM)Eldonabe Wrote:  
(11-03-2026 12:20 PM)Mr_XcentricK Wrote:  
(11-03-2026 09:57 AM)Eagleaidaholic Wrote:  
(11-02-2026 08:05 PM)Mr_XcentricK Wrote:  
(11-02-2026 05:12 PM)PetroCajun Wrote:  Well the average for Regular in TX and LA is $3.6453 and $3.7687 respectively.

Meanwhile, CA and OR are $5.9063 and $4.7879 respectively.

Now compare the prices to average income and which states are prepared to take the “temporary” hit better?
Cost of living is also a thing.

blue states having more disposable income is still a thing.


Well gosh, I guess their residents should have no problem paying even higher taxes to cover the Debts their states have accumulated.

Along with every left wing woke initiative possible.

I want them to cut off funding Republican run states.

Republican run states will be perfectly fine without leftists funding them.

Just leftists will be fine without Republican run states funding them.
(This post was last modified: 11-03-2026 06:06 PM by BirdHawkEagle.)
11-03-2026 01:01 PM
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Eagleaidaholic Offline
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Post: #1460
RE: AAA - Gas Hits $4
11-03-2026 05:57 PM
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