Gas thoughts

[jcb]

- So how long woiuld it take the US to increase production by 7% if we stoppped selling to Europe? And if we told Europe we were about to do that, do you think they might be more inclinced to stop Russia?

Wouldn't it be the opposite?

We stop selling to Europe, they're forced to look elsewhere, including to Russia. Which would make them less likely to do something that would incur Putin's wrath.

[GeoFisher]

Us buying Russian oil or NOT buying Russian oil will do very little to those Oil sells. We will not enforce any type of embargo, so Russia will sell to the highest bidder. Probably China.. They will also sell to Africa, and India and the Middle East.

NOTHING was said to everyone else about not buying it........Hm, Imagine that.

Nope, you want to stop Russia, it is not just the EU and the good ole United States that needs to say Russian Imperialism and EXPANSIONISM is wrong.

The reason it costs so much here......30% cost increase versus 7% change in product volume, is the commodities traders are seeing FUTURE cost of a barrel as high as 180-200 /barrel in June and July.

Folks, people are going to be VERY rich with futures trading, or they really effed up, and will be bridge jumpers in 6 months.

If Oil gets to 200 a barrel, expect everything in teh supply chain with OIL to go up another 30-50 percent.

GAS at 8 bucks a gallon in the Summer PEAK is a very real possibility, IMHO.

And don't think the Green Energy fools are loving this. The Biden Admin is causing a lot of this pain. Steps could have been taken 4-5 months ago, when we KNEW Russia was going to invade the Ukraine.

FJB.


Later,

Geo

[Devils Horse]

Gas prices are going to reach stupid numbers real quick.

Obiden says it's Russia's fault.

The elites seem more than happy to pay more for gas, and if you little people complain, you're anti Ukraine.

[GeoFisher]

Gas prices are going to reach stupid numbers real quick.

Obiden says it's Russia's fault.

The elites seem more than happy to pay more for gas, and if you little people complain, you're anti Ukraine.

The Talking heads are pushing polling numbers that say americans are willing to pay up to 50% more at the pump.

I say ********...........Not a single person I know is willing to pay that much more for gas.........

Later,

Geo

[dragmerc]

The Talking heads are pushing polling numbers that say americans are willing to pay up to 50% more at the pump.

I say ********...........Not a single person I know is willing to pay that much more for gas.........

Later,

Geo

yep, just more propaganda from deep state news.

[ZoraSpook]

I think you all are right, we should not reduce out exports to Europe, we take care of them as part of the team against Russia.

Still, if we only get 7% of our oil from Russia, seems like we could ramp up US prodction to account for that.

So what I don't understand is even if the World Oil market goes to $200 a barrel, we don't have to buy from the world, we'd be self sustaining. So they jack up their pries and the rest of the world gets to pay that while we reduce our costs, and build up our strategic reserves in the event we do get into a scuffle with the ruskies.

I think the administration really needs give US oil companies the green light, and then issue a strong statement to OPEC to take their gas price spikes and shove it up their Thawb