Oil companies raising gas prices over a non issue in my opinion.

[Pappy]

The gas prices hurt not me so much as I don't drive a lot anymore and can absorb the higher costs but others I am sure it is hurting. So here are a few tidbits for everyone to mull over. 

The Straight of Hormuz. The United States only gets 2% of it's oil throughThe Straight of Hormuz.  Europe gets 10% through there. 

I am not sure why our gas prices rise so much because of this. 

Also it is not like that 2% is hurting us immediately. They always raise gas prices at any little thing over in the middle east immediately but when things do calm down it takes them forever to lower the prices back down.

Here is another point. I know many gas station across the United States are using American oil. I am sure you have seen signs at gas stations that says We use oil from America etc. 

So why have these gas stations raised their prices if they do not even use foreign oil. 

Make it make sense. I know people say it is because oil prices are high. Ummmm American made oil should not be included in with foreign oil. It should have it's own index. 

Oil industry is a bunch of scumbags in my opinion. 

Just some food for thought. 

 

Rant Over. 

Just a post to spark some debate among the wise and powerful people of GoDuBois 

[Constitutionalist]

Oil is a global commodity.. regardless how much we get through the straight… I said the same thing thing tho.. what I don’t get is the gas in the ground at the pumps was already paid for at X amount.. but then they raise prices before another load comes.. 

just like gold and silver… does t matter how much we make.. until it’s off the global market, we’re screwed 

[fedup]

11 hours ago, Pappy said:

The gas prices hurt not me so much as I don't drive a lot anymore and can absorb the higher costs but others I am sure it is hurting. So here are a few tidbits for everyone to mull over. 

The Straight of Hormuz. The United States only gets 2% of it's oil throughThe Straight of Hormuz.  Europe gets 10% through there. 

I am not sure why our gas prices rise so much because of this. 

Also it is not like that 2% is hurting us immediately. They always raise gas prices at any little thing over in the middle east immediately but when things do calm down it takes them forever to lower the prices back down.

Here is another point. I know many gas station across the United States are using American oil. I am sure you have seen signs at gas stations that says We use oil from America etc. 

So why have these gas stations raised their prices if they do not even use foreign oil. 

Make it make sense. I know people say it is because oil prices are high. Ummmm American made oil should not be included in with foreign oil. It should have it's own index. 

Oil industry is a bunch of scumbags in my opinion. 

Just some food for thought. 

 

Rant Over. 

Just a post to spark some debate among the wise and powerful people of GoDuBois 

Big oil has been playing this game ever since Drake drilled a hole in Titusville.

The Green people are better at this than Big Oil

[Constitutionalist]

Oil companies love war. Everyone benefits except us. 

[Pappy]

RELEASING OIL TO REDUCE PRICES

“I’m pleased to report that earlier today, the International Energy Agency agreed to coordinate the release of a record 400 million barrels of oil from various national petroleum reserves around the world, which will substantially reduce the oil prices as we end this threat to America and this threat to the world.” - President Trump

[fedup]

Hire some Somalis to highjack tankers for us.

Free oil

[Lizard]

It's all BS, just gave the oil companies a reason to gouge us!!