Prezes have very little to do with the market. Trump just thought taking credit for the market would help him, so he did. He took credit for the market climb that took place after he won and was waiting 2 months to get in office. Now he is taking credit for the market when he is no longer in office. Reds actually buy this.
Biden Stock Market ...
- Thread starter Jack
- Start date
From your link -
The national average is down to $1.81 per gallon
From your link - National average is $2.72 on 3/2 up from $2.71 yesterday.
Funny thing is $1.81 is NOT $1 less than $2.71.
The National average gas price has not been under $1.81 since 2004.
Either you are lying or you are really bad at 3rd grade math.
Apparently it is you that has a problem with the facts, boy.
I posted indisputable facts and here you are with your fingers in your ears.
Fact #1: The avg price of gas dipped lower than $1.81/gal last year. That's average, you stupid fuck! Do you need what "average" is explained to you?
Fact #2 : You can't see the forest for the trees and hate of orange.
Do you even eat Cheetos?
Fact#1 - The weekly price never dipped lower than $1.81. Your Gasbuddy link showed a daily average price of $1.78 for one day in that week. That's how averages work. Some days are lower and some higher.
Fact#2 - You can't compare average prices to spot prices in one location and make any valid argument. Gas wars happen driving down local prices. Gas gluts occur such as in ND where producers were paying people to take their oil so they didn't have to shut down wells last April. That drove regional gas prices down since the refiners were getting $20 with the free barrel of oil.
If I go to the store and get eggs for 39 cents that doesn't mean that eggs are 39 cents everywhere. It means the store I go to is having a sale. Lemons are currently 3 for $1. Last October they were $1 each. Does that mean that Biden drove down the price of lemons? No, it means that lemons are in season.
The November rise is an artifact of switching to winter blends which are more expensive.
Makes sense. Of course it doesn't matter, because the Marshall's claims are bogus, regardless of the reason for the increase. What's also funny is his claim that he is hording gas. Self fulfilling prophecy.
Matt Dillon
Semolina comes from wheat
Unlike you, reality is in my repoirtoire.
I'll get you a dictionary link if that would help. No, it isn't. You deny reality, and make up your own. That's what compulsive liars do.
Matt Dillon
Semolina comes from wheat
Look, dumbass. Your bullshit has already been disproven in spades and still you persist.
Well above zero would be reasonable. We actually saw oil prices below zero. Do you think anyone will invest in oil production, knowing that they will have to pay money to sell oil? We are not even just not making back the investment, but losing more money by selling it.
We would definitely like to keep it below $100 per barrel, but probably above $50 per barrel. This allows a reasonable profit to keep our oil industry going. Gasoline prices should be rising above that by use of a carbon tax to phase out gasoline.
Oil prices are around $60 right now, which is a healthy number.
In the real world, target inflation is 2%. We have been around that for the most part for the last 28 years, except for the Great Recession, when it went severely under that. There is some danger of high inflation in the foreseeable future, but there is also some danger of deflation (the opposite problem) in the foreseeable future. We have neither problem right now. You are living in a fantasy world where prices are skyrocketing, and there is no food or fuel.
In the real world, milk prices crashed in November of 2020, back down to about the average for the last 10 years.
https://tradingeconomics.com/commodity/milk
Have fun doing that.
Matt Dillon
Semolina comes from wheat
I think there's going to be a big correction in tech.
It's all sky-high and they can't even meet demand.
Ford and GM have halted production because of lack of PCBs.
They put themselves in that situation.
Geeko Sportivo
Verified User
Dude- you just aren't very smart are you?
If you are a true investor- you better be looking at all the new technology coming up and made possible with the new 5G data communications.
Don't be stupid! Those stocks will be the ones we are all watching skyrocket!
The trick is- Get in on them early before they all level off!
Last edited: