October surprise? Why OPEC's planned price hike could pummel Democrats

[Althea]

I know it's completely fucking stupid.

They talk about the oil like it's ours, but they keep forgetting that "we" only own what is in the strategic reserve. Everything else is owned and controlled by private companies.

Correct. They are no better than OPEC, after taking billions in subsidies from taxpayers

 

[Into the Night]

I suspect Trumppublicans don't necessarily just like Russia's dictatorship

Russia is currently an oligarchy.

but rather are following Trump's lead.

Paradox. Irrational. You cannot argue both sides of a paradox.

Trump loved every dictator he met. Whether it was Vlad, or "falling in love" with Kim Jong Un or Erdogan...no dictator was too bad for Trump. He loved them all.

Hallucination. It's getting worse, Dutch.

I think his followers just cue on what Trump liked. They like a firm hand. A leader who isn't afraid to murder opponents. A leader who will tell you what to think and when to think it. In other words: they hate the concept of America.

You are describing Democrats. Inversion fallacy.

 

[Into the Night]

Possibly. OPEC has nothing to do with U.S oil companies who also withheld production in order to hike prices.

I think the electorate is wise enough to know exactly who is raping them.

No. Democrats are interfering with oil companies. It's called 'fascism', dude.

 

[Into the Night]

Wall St. and U.S oil companies are now worse than OPEC.

We need a national program to pump oil on Fed. lands until we slash our dependence on fossil fuels.

Random phrases. No apparent coherency. Fossils aren't used as fuel.

 

[Walt]

Russia is currently an oligarchy.

It is a dictatorship, in all but name. It has people called "oligarchs", but they are being made rich, or killed at the orders of one man.

 

[Into the Night]

Pretty much what this is about, although U.S companies are no better.

Don't you find it cute that those who reference the XL pipeline that went nowhere under trump, don't know the first thing about it?

Stopped by Democrats.

 

[Into the Night]

ExcessPain can barely complete a sentence without racist hate. Now you're expecting him to grasp the intricacies of the global economy? You're a little above his "pay grade", my friend. He's still trying to figure out how to work the fly on his pants so he can stop peeing himself.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA! A socialist claiming to be an expert on ANY economy????????????!?

 

[Into the Night]

Everyone here knows Lurch is mentally disturbed. We are praying medical science can help but I fear his case is too severe for help.

It isn't. I'm fairly convinced he's another one of Dutch's socks.

 

[Bigdog]

Correct. They are no better than OPEC, after taking billions in subsidies from taxpayers

The Al Gorians get roughly the same total amount in subsidies. Yet, for the same amount, they produce far less energy.

 

[Into the Night]

The Al Gorians get roughly the same total amount in subsidies. Yet, for the same amount, they produce far less energy.

There are no oil subsidies.

 

[Into the Night]

And I hate to spoil the celebration - but there is already too much supply, and this won't kick in until post midterm, anyway.

Another one that has no clue how markets work.

 

[Into the Night]

Can you imagine if we actually transitioned from fossil fuels eventually?

We wouldn't have to worry about any of this.

Fossils aren't used as fuel. I assume you mean oil products again.

Oil is an excellent fuel. It's renewable, it provides for many byproducts including plastics, it's fairly easy to get at, and works well in mobile power systems, such as cars, trucks, locomotives, ships, etc.
Burning it efficiently only produces water and CO2, both naturally occurring materials.

 

[Geeko Sportivo]

The midterm elections are weeks away and OPEC+ is threatening to cut oil production. That’s not good news for you, the consumer; it’s also not good news for President Joe Biden and his fellow Democrats.

Biden’s bump up in the polls over the past few months tracked declining gasoline prices. For nearly 100 days, gas prices went down. They peaked at a record high of more than $5 per gallon in June and reached a low of $3.67. Now, at $3.80, they have begun to head back up.

According to the Real Clear Politics average of polls, Joe Biden’s "disapprove" rating peaked at the end of June at 57.3% and dropped to 53.1% in mid-September, along with the slide in gasoline prices. Since then, the percentage of voters expressing disapproval of Biden has inched higher, and GOP chances are looking brighter......

https://www.foxnews.com/opinion/october-surprise-opec-planned-price-hike-pummel-democrats


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OPEC + (+=Russia) announced a 2,000,0000 barrel a day cut . That along with America's decline in production as a result to Biden's anti fossil fuel policies and the closing of the construction XL Pipeline which would be pumping 900,000 barrels a day to Texas refineries and now the Strategic Oil Reserve is down to 40% capacity. All bad signs for future oil prices . Buckle up.

Let's get this straight- YOU'RE HOPING THE SAUDIS INTENTIONALLY HURT'S THE DEMOCRATS CHANCES IN THE ELECTION EVEN THOUGH THIS SAUDI DECISION IS HURTING AMERICA'S HARDEST WORKING AMERICANS- NOT JUST THE DEMOCRATS!

ARE YOU A TRAITOR? OR JUST SO DESPERATE TO WIN, YOU RELY ON FOREIGN GOVERNMENTS TO HELP YOU OUT?

My question- WHY DID THE SAUDIS JUST GIFT 3 BILLION DOLLARS TO JARED KUSHNER?

THAT MAY TAKE A CLOSER LOOK NOW!

WE BETTER INVESTIGATE THIS!

 

[Saint Guinefort]

Russia is currently an oligarchy.

And you're currently a moron. It's both!

 

[Phantasmal]

Let's get this straight- YOU'RE HOPING THE SAUDIS INTENTIONALLY HURT'S THE DEMOCRATS CHANCES IN THE ELECTION EVEN THOUGH THIS SAUDI DECISION IS HURTING AMERICA'S HARDEST WORKING AMERICANS- NOT JUST THE DEMOCRATS!

ARE YOU A TRAITOR? OR JUST SO DESPERATE TO WIN YOU RELY ON FOREIGN GOVERNMENTS TO HELP YOU OUT?



Isn't that

Deplorable!

 

[Into the Night]

It is a dictatorship, in all but name. It has people called "oligarchs", but they are being made rich, or killed at the orders of one man.

Redefinition fallacy (oligarchy<->dictatorship).

 

[Into the Night]

Let's get this straight- YOU'RE HOPING THE SAUDIS INTENTIONALLY HURT'S THE DEMOCRATS CHANCES IN THE ELECTION EVEN THOUGH THIS SAUDI DECISION IS HURTING AMERICA'S HARDEST WORKING AMERICANS- NOT JUST THE DEMOCRATS!

ARE YOU A TRAITOR? OR JUST SO DESPERATE TO WIN, YOU RELY ON FOREIGN GOVERNMENTS TO HELP YOU OUT?

My question- WHY DID THE SAUDIS JUST GIFT 3 BILLION DOLLARS TO JARED KUSHNER?

THAT MAY TAKE A CLOSER LOOK NOW!

WE BETTER INVESTIGATE THIS!

The States don't import much oil from the Saudis.
Most of that comes from Canada, currently a dictatorship.

 

[Geeko Sportivo]

Deplorable!

I was going to say.....That's dispicable!

 

[Geeko Sportivo]

The States don't import much oil from the Saudis.
Most of that comes from Canada, currently a dictatorship.

I don't think Canada is a drop in the bucket, as Russia, Saudi Arabia, and the United States are the major 3, and they all produce over 10,000 barrels a day of crude.

Funny, as we have not heard from Exxon/Mobile or any of the other American companies saying they were going to take up the slack and produce more oil!

Most especially since the American Oil companies are not acting on over 3500 leases now, and not because of the price- as the price of crude is still well up over 100 a barrel- WHERE THEY WANTED IT ALL ALONG!

SO IN MY OPINION, AMERICAN OIL COMPANIES ARE JUST SITTING THERE IDLE PLAYING POLITICS INSTEAD OF SHOWING INTEREST IN HELPING AMERICA GET THROUGH THE CRISIS BEING POISED BY THE SAUDIS!

American Independence my ass! This claim that Trump brought Oil Independence to America for the first time is total BULLSHIT!

As American oil producers actually purchased even more oil from the Saudis and Russia all through the TRUMP administration- in record proportions, more than ever before TRUMP became president.

Watch now how the American oil producing companies will sit and watch the price of crude go up to 150 or more a barrel- then they will start sucking more oil out of the ground again- as if they are trying to suck-start a Harley!

Dude, American Oil companies are only looking after their own CEO's wallets and couldn't give one squirt of runny shit about HOW MUCH GASOLINE IS GOING TO COST THE AVERAGE AMERICAN!

American Oil companies are UGLY AMERICANS in bed with the UGLY REPUBLICANS who, because of Donald CORRUPTED Trump, is now in bed with RUSSIA AND THE SAUDIS!

Traitors- all of you! In bed with our worst enemies now!

THIS IS ALL GOING TO BACKFIRE- AS THE WORLD GETS MORE CORRUPTED IN THIS TRUMP ERA, AND NOW INVOLVING AMERICAN OIL PRODUCERS JUMPING IN BED WITH OUR ENEMIES TO FORCE THE PRICE OF CRUDE UP- IS ONLY GOING TO PUSH MORE PEOPLE TO BUY ELECTRIC AND OTHER ENVIRONMENTALLY FRIENDLY ALTERNATIVE FUEL DRIVEN AUTOMOBILES.

YOU GET WHAT YOU ASKED FOR!

 

[cawacko]

Let's get this straight- YOU'RE HOPING THE SAUDIS INTENTIONALLY HURT'S THE DEMOCRATS CHANCES IN THE ELECTION EVEN THOUGH THIS SAUDI DECISION IS HURTING AMERICA'S HARDEST WORKING AMERICANS- NOT JUST THE DEMOCRATS!

ARE YOU A TRAITOR? OR JUST SO DESPERATE TO WIN, YOU RELY ON FOREIGN GOVERNMENTS TO HELP YOU OUT?

My question- WHY DID THE SAUDIS JUST GIFT 3 BILLION DOLLARS TO JARED KUSHNER?

THAT MAY TAKE A CLOSER LOOK NOW!

WE BETTER INVESTIGATE THIS!

Let me ask you this, there are environmentalists who celebrate higher gas prices because they believe people will drive less, buy more fuel efficient cars and make transitioning to alternative energy sources more economically viable. We believe that in California where we put massive taxes on fuel and all kinds of regulations that drive up energy costs in the name of combatting climate change. If the hardest working Americans are economically harmed by that then that's the price we have to pay (they should have gone to college).

And shouldn't this action by the Saudi's help in the long run get us off fossil fuels faster? So from that perspective is this a bad thing what the Saudi's are doing?