(09-09-2024 11:09 PM)tanqtonic Wrote:  

(09-09-2024 10:58 PM)TripleA Wrote:  Gee, Clarence, where have you been? We missed you. Out on bail?

A lot happened here in the day or so you were out. Glad to see you made it back.

Glad to see you back to your typical level of discussion. Makes even your comment about "Trump had gas prices down to xx" look good.

Apparently you still don't pay attention to other people's words.

Here is Mensa's post I was replying to, just above mine:

Quote:Its down to $2.59 in MS…
I guess Trump’s promising to cut it down to $1.30

Too difficult for you to understand why I said that now?

(09-09-2024 11:35 PM)TripleA Wrote:  

(09-09-2024 11:09 PM)tanqtonic Wrote:  

(09-09-2024 10:58 PM)TripleA Wrote:  Gee, Clarence, where have you been? We missed you. Out on bail?

A lot happened here in the day or so you were out. Glad to see you made it back.

Glad to see you back to your typical level of discussion. Makes even your comment about "Trump had gas prices down to xx" look good.

Apparently you still don't pay attention to other people's words.

Here is Mensa's post I was replying to, just above mine:

Quote:Its down to $2.59 in MS…
I guess Trump’s promising to cut it down to $1.30

Too difficult for you to understand why I said that now?

And *you* said that *he* (Trumpie) got it down to $1.70.

Which is asinine.

The price *got down* to that level, but Trump really didnt have **** to do with it. ("He did have it down to $1.70")

If you had *any* sense of background on the price of oil, and its drivers -- you would understand. That may be "too difficult for you to understand" as you squawk above. Cool cool.

(09-10-2024 12:23 AM)tanqtonic Wrote:  

(09-09-2024 11:35 PM)TripleA Wrote:  

(09-09-2024 11:09 PM)tanqtonic Wrote:  

(09-09-2024 10:58 PM)TripleA Wrote:  Gee, Clarence, where have you been? We missed you. Out on bail?

A lot happened here in the day or so you were out. Glad to see you made it back.

Glad to see you back to your typical level of discussion. Makes even your comment about "Trump had gas prices down to xx" look good.

Apparently you still don't pay attention to other people's words.

Here is Mensa's post I was replying to, just above mine:

Quote:Its down to $2.59 in MS…
I guess Trump’s promising to cut it down to $1.30

Too difficult for you to understand why I said that now?

And *you* said that *he* (Trumpie) got it down to $1.70.

Which is asinine.

The price *got down* to that level, but Trump really didnt have **** to do with it. ("He did have it down to $1.70")

If you had *any* sense of background on the price of oil, and its drivers -- you would understand. That may be "too difficult for you to understand" as you squawk above. Cool cool.

According to Tommy-boy Trump did get gas prices down based on a deal he did with Saudi - then that "disasterous" deal came to an end during Biden's term and prices spiked - so that was Trumps fault too?

So which is it? He did or he did not have [some] control over prices? If you are going to refute AAA - you had better refute Tommies assertion too (which I do not recall you ever doing)!



Now you are choosing to be obtuse on this subject. The President - No President - can control gas/oil prices. Everyone knows that, but a Presidents actions and overall policy can and do have an affect on them. Gas prices were far far more volatile in the 8 years before and now 3+ year since 2017-2020. That is a factual data point. During that more stable time frame, there were no major global skirmishes - the Middle East was truly "mostly peaceful", and Trump absolutely had something to do with that.

Before and since the ME has been much more in turmoil and Oil price volatility moved in kind.

(09-10-2024 06:46 AM)Eldonabe Wrote:  

(09-10-2024 12:23 AM)tanqtonic Wrote:  

(09-09-2024 11:35 PM)TripleA Wrote:  

(09-09-2024 11:09 PM)tanqtonic Wrote:  

(09-09-2024 10:58 PM)TripleA Wrote:  Gee, Clarence, where have you been? We missed you. Out on bail?

A lot happened here in the day or so you were out. Glad to see you made it back.

Glad to see you back to your typical level of discussion. Makes even your comment about "Trump had gas prices down to xx" look good.

Apparently you still don't pay attention to other people's words.

Here is Mensa's post I was replying to, just above mine:

Quote:Its down to $2.59 in MS…
I guess Trump’s promising to cut it down to $1.30

Too difficult for you to understand why I said that now?

And *you* said that *he* (Trumpie) got it down to $1.70.

Which is asinine.

The price *got down* to that level, but Trump really didnt have **** to do with it. ("He did have it down to $1.70")

If you had *any* sense of background on the price of oil, and its drivers -- you would understand. That may be "too difficult for you to understand" as you squawk above. Cool cool.

According to Tommy-boy Trump did get gas prices down based on a deal he did with Saudi - then that "disasterous" deal came to an end during Biden's term and prices spiked - so that was Trumps fault too?

So which is it? He did or he did not have [some] control over prices? If you are going to refute AAA - you had better refute Tommies assertion too (which I do not recall you ever doing)!



Now you are choosing to be obtuse on this subject. The President - No President - can control gas/oil prices. Everyone knows that, but a Presidents actions and overall policy can and do have an affect on them. Gas prices were far far more volatile in the 8 years before and now 3+ year since 2017-2020. That is a factual data point. During that more stable time frame, there were no major global skirmishes - the Middle East was truly "mostly peaceful", and Trump absolutely had something to do with that.

Before and since the ME has been much more in turmoil and Oil price volatility moved in kind.

Oil prices plummeted in 2014 - 2016 due to several factors. It fell from a high of 108/bbl in April 2014 to 45/bbl in Sept 2015, and down to 26/bbl in Feb 2016 --- mainly due to the introduction of US shale and an economic downturn.

https://blogs.worldbank.org/en/developme...ght-charts

OPEC internally squabbled -- allowing that price to stay in the mid 40s for three years or so.

Russia and OPEC had a price war in 2020. Coupled with the Covid pandemic and huge loss in demand there was a large decrease in the oil price in Q1 2020 -- Q2 2020 -- and a corresponding dip in gas prices.

The quickly restarting economies in 2021 caused a very large mismatch between supplies and demand, lasting through 2023.

The Russia / OPEC price war was ended at least in part by intervention by Trump in 2020.

yes, you are correct, volatility in the time between 2014 and 2020 was low. Mainly due to the big rush of oil into the market from US shale in 2014-2015.

However, the price of extraction from that input has climbed to about $68 / bbl. Which has offset its impact on volatility.

Its asinine to think a US President has a major effect on the price of oil overall.

And it is worse than asinine to think that Trump can lower the cost of gas to 2014 - 2019 levels. Based on the economics of extraction - that would mean shutting in probbaly 65% or more of US oil production. And quite frankly that only way that happens if Saudi simply turns on the spigots to full flow.

Fuel prices are down in an election year? Hmmm..... Go figure

Tell that to the higher ups at the Petro Chemical Plants around Houston.

Tanq the mastermind of with no credibility knows more than the suits running massive natural gas and oil companies.

I do wonder how you came to be the know it all you are.

I just read this and spit out my coffee.

Clarence, I already showed you Mensa's post I was responding to and why I did so in that manner, and you simply ignored it. Funny, you only corrected me.

You're so arrogant, and so eager to correct people and look smart, but you just make it worse.

If you think I've lived on earth in 9 decades so far, follow politics closely, and don't understand how gas prices work, then you're more hopeless than I thought. Yet you felt it necessary to explain to everybody how gas prices work, just to try to make me (not Mensa) look bad.

Btw, presidential policies can have some effect on prices, although obviously there are other market factors at work. Making us energy independent at the time had some effect, as do other policies and actions at times.

Governors can affect prices, too. Kemp in GA suspended all state gasoline taxes for a while, immediately dropping the price in GA by about 30 cents a gallon, IIRC. I live across the river from GA, and drove over there to fill up for a while, but usually their prices are higher than in Bama in this neck of the woods.

So yeah, if politicians had no effect on gas prices, then every state would have essentially the same price, depending on the timing of their supply chain.

Anyway, thanks for the laugh.

(09-10-2024 08:43 AM)TripleA Wrote:   I just read this and spit out my coffee.

Clarence, I already showed you Mensa's post I was responding to and why I did so in that manner, and you simply ignored it. Funny, you only corrected me.

You're so arrogant, and so eager to correct people and look smart, but you just make it worse.

If you think I've lived on earth in 9 decades so far, and don't understand how gas prices work, then you're more hopeless than I thought.

Btw, presidential policies can have some effect on prices, although obviously there are other market factors at work. Yet you felt it necessary to explain to everybody how they work, just to try to make me (not Mensa) look bad.

What a putz. Thanks for the laugh.

Winner winner Chicken Dinner.

Another point of reference I'm sure Tanq already knows is that due to crippling regulations of the Dems major oil companies will no longer invest in building or retooling petrochemical plants for the production of gasoline here in the US. So, what you have is all you have and as they age and need retooling they will be dismantled.

I do wonder how that will effect supply and demand. Shell is abandoning fuel production in the US.

I do love how gross ignorance of politicians who have absolutely no idea how business or industry works seems to rub off on lackeys.

He's really too stupid to engage with.

(09-10-2024 08:51 AM)BartlettTigerFan Wrote:  He's really too stupid to engage with.

Must be something in the water around Austin. They celebrate KEEP AUSTIN WEIRD.

(09-10-2024 08:51 AM)BartlettTigerFan Wrote:  He's really too stupid to engage with.

True, but sometimes you just have to rebut his idiocy, when it is directed at you personally, when nobody was even talking to him.

(09-10-2024 08:38 AM)BlueDragon Wrote:  Tell that to the higher ups at the Petro Chemical Plants around Houston.

Tanq the mastermind of with no credibility knows more than the suits running massive natural gas and oil companies.

I do wonder how you came to be the know it all you are.

My immediate family is heavily involved in the O&G industry. Has been for 45 years.

If you want to get background on the O&G pricing, call someone at Enverus.

Or more simply, just look it up online. You have a fing master's degree, at least the latter should have occurred to you.

(09-10-2024 08:43 AM)TripleA Wrote:   I just read this and spit out my coffee.

Clarence, I already showed you Mensa's post I was responding to and why I did so in that manner, and you simply ignored it. Funny, you only corrected me.

You're so arrogant, and so eager to correct people and look smart, but you just make it worse.

If you think I've lived on earth in 9 decades so far, follow politics closely, and don't understand how gas prices work, then you're more hopeless than I thought. Yet you felt it necessary to explain to everybody how gas prices work, just to try to make me (not Mensa) look bad.

Btw, presidential policies can have some effect on prices, although obviously there are other market factors at work. Making us energy independent at the time had some effect, as do other policies and actions at times.

Governors can affect prices, too. Kemp in GA suspended all state gasoline taxes for a while, immediately dropping the price in GA by about 30 cents a gallon, IIRC. I live across the river from GA, and drove over there to fill up for a while, but usually their prices are higher than in Bama in this neck of the woods.

So yeah, if politicians had no effect on gas prices, then every state would have essentially the same price, depending on the timing of their supply chain.

Anyway, thanks for the laugh.

And Kemp affected the gas prices in that move *far* more than a President has in 50 years.

Trump benefitted massively from market forces that he simply never had a hand in. Nor could control.

And he is asinine today trying to say he can cut the price of gas by 50%.

(09-10-2024 08:58 AM)tanqtonic Wrote:  

(09-10-2024 08:38 AM)BlueDragon Wrote:  Tell that to the higher ups at the Petro Chemical Plants around Houston.

Tanq the mastermind of with no credibility knows more than the suits running massive natural gas and oil companies.

I do wonder how you came to be the know it all you are.

My immediate family is heavily involved in the O&G industry. Has been for 45 years.

If you want to get background on the O&G pricing, call someone at Enverus.

Or more simply, just look it up online. You have a fing master's degree, at least the latter should have occurred to you.

I don't need to. I have been selling products to this industry for three decades. I have forgotten more than you will ever understand about it works.

Lord Knowsitall Tanq

(09-10-2024 08:58 AM)TripleA Wrote:  

(09-10-2024 08:51 AM)BartlettTigerFan Wrote:  He's really too stupid to engage with.

True, but sometimes you just have to rebut his idiocy, when it is directed at you personally, when nobody was even talking to him.

Not if you never actually see his idiocy.

(09-10-2024 09:03 AM)BlueDragon Wrote:  

(09-10-2024 08:58 AM)tanqtonic Wrote:  

(09-10-2024 08:38 AM)BlueDragon Wrote:  Tell that to the higher ups at the Petro Chemical Plants around Houston.

Tanq the mastermind of with no credibility knows more than the suits running massive natural gas and oil companies.

I do wonder how you came to be the know it all you are.

My immediate family is heavily involved in the O&G industry. Has been for 45 years.

If you want to get background on the O&G pricing, call someone at Enverus.

Or more simply, just look it up online. You have a fing master's degree, at least the latter should have occurred to you.

I don't need to. I have been selling products to this industry for three decades. I have forgotten more than you will ever understand about it works.

Lord Knowsitall Tanq

Well, I guess I'm just going to be spitting out coffee all morning today.

(09-10-2024 08:51 AM)BlueDragon Wrote:  

(09-10-2024 08:43 AM)TripleA Wrote:   I just read this and spit out my coffee.

Clarence, I already showed you Mensa's post I was responding to and why I did so in that manner, and you simply ignored it. Funny, you only corrected me.

You're so arrogant, and so eager to correct people and look smart, but you just make it worse.

If you think I've lived on earth in 9 decades so far, and don't understand how gas prices work, then you're more hopeless than I thought.

Btw, presidential policies can have some effect on prices, although obviously there are other market factors at work. Yet you felt it necessary to explain to everybody how they work, just to try to make me (not Mensa) look bad.

What a putz. Thanks for the laugh.

Winner winner Chicken Dinner.

Another point of reference I'm sure Tanq already knows is that due to crippling regulations of the Dems major oil companies will no longer invest in building or retooling petrochemical plants for the production of gasoline here in the US. So, what you have is all you have and as they age and need retooling they will be dismantled.

I do wonder how that will effect supply and demand. Shell is abandoning fuel production in the US.

I do love how gross ignorance of politicians who have absolutely no idea how business or industry works seems to rub off on lackeys.

I stated elsewhere that is the one area that could be targeted -- and yes the Dems have put policies into place that forestall the upgrade of US refineries. It would be great to have US refineries that could efficiently refine US hydrocarbon feedstock. The dont. That is a major reason why we remain tied to oil imports, even when we *could* redo them to operate on US shale production.

US refineries dont affect the cost of hydrocarbon feedstock -- which is by far the most important component in US gas prices.

(09-10-2024 09:04 AM)BartlettTigerFan Wrote:  

(09-10-2024 08:58 AM)TripleA Wrote:  

(09-10-2024 08:51 AM)BartlettTigerFan Wrote:  He's really too stupid to engage with.

True, but sometimes you just have to rebut his idiocy, when it is directed at you personally, when nobody was even talking to him.

Not if you never actually see his idiocy.

Ha, true. I considered putting him on ignore, but as long as others quote him, it's futile, and if my name is in the string, I will at least read it. It usually makes me laugh.

(09-10-2024 09:03 AM)BlueDragon Wrote:  

(09-10-2024 08:58 AM)tanqtonic Wrote:  

(09-10-2024 08:38 AM)BlueDragon Wrote:  Tell that to the higher ups at the Petro Chemical Plants around Houston.

Tanq the mastermind of with no credibility knows more than the suits running massive natural gas and oil companies.

I do wonder how you came to be the know it all you are.

My immediate family is heavily involved in the O&G industry. Has been for 45 years.

If you want to get background on the O&G pricing, call someone at Enverus.

Or more simply, just look it up online. You have a fing master's degree, at least the latter should have occurred to you.

I don't need to. I have been selling products to this industry for three decades. I have forgotten more than you will ever understand about it works.

Lord Knowsitall Tanq

Try telling that to the upper people at Enverus, whom I know very well. Not to mention the folks who founded and ran it initially.

(09-10-2024 08:58 AM)TripleA Wrote:  

(09-10-2024 08:51 AM)BartlettTigerFan Wrote:  He's really too stupid to engage with.

True, but sometimes you just have to rebut his idiocy, when it is directed at you personally, when nobody was even talking to him.

I guess you overlooked your comments to and about me in that thread to start it off. Maybe some more Metamucil might help with that.

You are one absolutely ignorant dude. Bravo.