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Old 03-21-2021, 04:27 AM
  #61  
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Originally Posted by WhiskyWhisky View Post
One fact we know for sure is Gas Prices are skyrocketing and are to only get worse this summer, and the years ahead. Everyone here turns a blind eye on that fact. What good are 700s and 900s if they are too costly to operate? We know what happens to 200s by a brief history lesson.
Gas prices are basically what they were pre-pandemic. You just got used to crazy low prices due to crazy low demand.
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Old 03-21-2021, 04:55 AM
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Originally Posted by WhiskyWhisky View Post
One fact we know for sure is Gas Prices are skyrocketing and are to only get worse this summer, and the years ahead. Everyone here turns a blind eye on that fact. What good are 700s and 900s if they are too costly to operate? We know what happens to 200s by a brief history lesson.
It sucks when oil drillers go out of business after several years of drilling at a loss, I guess we can blame Biden for them spending $60 a barrel then selling it at $40 for the last several years. Sometimes it takes a few years for bad decisions to have consequences, less supply due to going out of business won’t be instantaneous
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Old 03-24-2021, 05:05 AM
  #63  
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Originally Posted by GA2Jets View Post
Gas prices are basically what they were pre-pandemic. You just got used to crazy low prices due to crazy low demand.
You are in complete denial. I'm paying $1 more a gallon now then I was pre pandemic and your scamdemic isn't even over yet.

https://www.foxbusiness.com/economy/unusual-leap-gas-prices-summer
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Old 03-24-2021, 06:17 AM
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Originally Posted by WhiskyWhisky View Post
You are in complete denial. I'm paying $1 more a gallon now then I was pre pandemic and your scamdemic isn't even over yet.

https://www.foxbusiness.com/economy/unusual-leap-gas-prices-summer
First of all, I don't know where you live but it's not more expensive than 2019 where I live. Second of all, everything in that article suggests that market forces are why prices are going up. More people driving, more people flying...I suppose we could crush demand again, but it seems like that's not what you want.

You know something we could do, allow electricity to compete directly with gas as the transportation energy source. Nothing makes prices go down like good old fashioned competition.
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Old 03-24-2021, 07:43 AM
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Originally Posted by GA2Jets View Post
First of all, I don't know where you live but it's not more expensive than 2019 where I live. Second of all, everything in that article suggests that market forces are why prices are going up. More people driving, more people flying...I suppose we could crush demand again, but it seems like that's not what you want.

You know something we could do, allow electricity to compete directly with gas as the transportation energy source. Nothing makes prices go down like good old fashioned competition.
Your statement shows lack of understanding how crude oil prices markets, both prompt and futures delivery work. How they impact gasoline prices.
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Old 03-24-2021, 07:59 AM
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Originally Posted by TransWorld View Post
Your statement shows lack of understanding how crude oil prices markets, both prompt and futures delivery work. How they impact gasoline prices.
I don't need a complex knowledge of the industry to get how supply and demand works.
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Old 03-24-2021, 08:04 AM
  #67  
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Originally Posted by GA2Jets View Post
I don't need a complex knowledge of the industry to get how supply and demand works.
One example, when there is a fear of a market disruption or shortage of crude oil, gasoline prices at the pump jump up. Your statement seems to imply if a lot of people will suddenly switch to electric cars that week, the price will suddenly drop. The first happens in a few days. The second takes years.
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Old 03-24-2021, 09:10 AM
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Originally Posted by TransWorld View Post
One example, when there is a fear of a market disruption or shortage of crude oil, gasoline prices at the pump jump up. Your statement seems to imply if a lot of people will suddenly switch to electric cars that week, the price will suddenly drop. The first happens in a few days. The second takes years.
​​​​​​Im not suggesting we would all switch to electric cars in a week, come on now. But I am saying if we continue to diversify our energy sector, there's a possibility at competition in the energy market. In any case, oil prices rising right now is hardly surprising given market forces.
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Old 03-24-2021, 09:23 AM
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Partisan bickering aside, can we get back to fruitless rumors please? 😂
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Old 03-24-2021, 10:13 AM
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Originally Posted by RabidW0mbat View Post
Partisan bickering aside, can we get back to fruitless rumors please? 😂
Seriously. What ever happened to the “big announcement” that was supposed to take place on Friday? But then it was Monday??
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