$5 & $7
 

How are you #^&#^&#^&#^&ing #^&#^&#^&#^&#^&#^&#^& lib#^&#^&#^&#^&s enjoying your $5 a gallon gasoline & $7 diesel ???

I was wondering why my oil industry stocks doubled
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How else are they going to give kickbacks & pay off politicians 🤔
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Oil companies’ profits soared to $174 Billion this year as US gas prices rose.
Don’t worry it’ll trickle down
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I know in your foil wrapped mind it’s Biden’s fault, no global economic outlook in your thinking.

Who the #^&#^&#^&#^& shut down US oil production on day 1 ?????
You are a #^&#^&#^&#^&ing idiot supporting that pos.
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Ya……
Trickle down to politicians pockets along with a good % of the billions they just sent to Ukraine
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Like I said you have zero understanding about what really is driving it, but you still feel the election was stolen and Dems are trafficking children in pizza parlors so all the ##&&&### you want to post is just proof.

shut down US oil production on day 1 ?????

Like most things from the right .it’s just not factual at any level.

But this is the current GOP strategy for their gullible base
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put the conservatives aside. why is Biden polling poorly with independents?
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The only ones Biden’s polling well with are his socialist friends and dead people.
Lots of democrats are pissed off.
Not 1 Democrat will have a discussion on Biden’s accomplishments.
Just bad mouth Trump or blame Russia.

he oversaw a big drop in unemployment, he gets some credit for that, though presumably that would have happened after covid waned, regardless of who was president. and the stock market is still up nicely since he’s been in office, though many many people see a recession around the corner. and the jihadists have been quiet, he gets some credit for that.

Pretty much everything else has been an abject failure. Unbelievable inflation ( especially gas and food), violent crime, the border, the Afghan withdrawal, baby formula, were no less polarized than on Trumps last day, he can’t speak for 15 consecutive seconds without looking like he fell asleep, the debt is insane, GDP is shrinking.

On top of all that, there’s a very good chance of a meaningful
economic collapse within a year, i can’t see what prevents it, too many bubbles waiting to burst. Inflation, shrinking GDP, gas prices, war i. Ukraine, housing prices, stock prices…. it’s all one big bubble waiting to pop.
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Oh, so according to Faux News the world is ending?
Is that why Trumplicans are now against the Tampa Bay Rays, NFL, Major League Baseball, Disney, NASCAR and the Marine Corps?
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-drop in unemployment
We are no where near the number of jobs before the China Flu was released on the world.
How is that a drop in unemployment ???
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unemployment is lower than when Biden started. that’s a drop in unemployment.

But you’re right, unemployment isn’t as low as Trump had it.
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After Trump Republicans ran up the biggest deficits and debts ever over his four years, last month saw the biggest budget SURPLUS in US history. The biggest budget surplus ever
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Trump spent like a lunatic and deserves to be criticized for it. But covid also had plenty to do with it.

You’re right, Biden is a real fiscal hawk. That’s why he polls
so high on his handling of the economy.
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Written by BP Oil Executive
Brice Cromwell.
This explains it all:
I’ve been in oil and gas for a decade and sometimes forget how the average person may not know what I see everyday.
We, the American people, have enough oil and gas under our feet to supply our demand and also export our products for years to come.
No matter your political opinion, we can all agree the gas prices we see now are upsetting.
What everyone needs to understand is that the high gas prices are not because of some conflict overseas - prices were high well before that. The prices are not high because our American supply simply vanished.
The prices are high because the people who run our country have decided to import oil from another country instead of using our very own American made product.
Why?
Using our own product creates lower prices, puts hard working American people to work with very good paying jobs and makes us as a country energy independent - Not dependent on another country to survive.
We all saw that not long ago.
Not only have the people in power decided to kill American jobs and create high prices, but they’ve also passed legislation to make it harder for an American oil and gas company to produce & transport our very own product.
Why?
Forget for one second who was President when our prices at the pump were low and our economy was booming and realize that that person was simply “For the people”. If you take away your dislike for DJT, you’ll admit that you miss those times and enjoyed them. Your 401K was higher, gas prices were lower and we were booming as a country.
Now after a year of our current admin, you’ll realize that these people are “not for the people”. They are for themselves and their foreign business deals.
The high gas prices should be enough for you to see that.
The supply is still here, the hard-working Americans to produce it are still here.
Having a booming economy is still possible.
So no matter what you’re told by the news, realize that if we had people in power who were for us Americans, it could be as good it was before.
Nothing has changed as far as oil and gas from 2016-2020 to the last year.
It didn’t just dry up.
It’s here, we are here to produce it.
We can go back to lower prices at the pump.
All we need is the people in power to want that.
Lastly, since we all got to witness someone running our country for four years who truly wanted the best “for the people” as we can clearly see the “then & now” comparison as we speak. Remember every media outlet and political person wanted you to hate him, wanted to impeach him and did everything they could do be against him.
They were against the man who wanted things to be good for US, the American people.
Those same people are not against the current leadership.
Makes you wonder who’s side they’re all on….
BP Oil Executive
Brice Cromwell

This is a good read and the truth for a change.
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So one of the Seven Sisters says something, no evidence, no figures and Oil giants reap record profits as war rages in Ukraine, energy prices soar: Here's how much they made
BP records $6.2 billion profit

BP posted its highest quarterly profit in over a decade – with the British energy company announcing on Tuesday that its underlying replacement cost profit rose to $6.2 billion in the first three months of this year, more than doubling the $2.6 billion from the same period last year.

BP PLC also said its net loss in the first quarter totaled $23 billion, after accounting for a write-off of its nearly 20% stake in Russian oil producer Rosneft in response to the Ukraine war.
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This was written by a third grader.

No Executives is going to write such a stupid letter.
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2second google search

Written by BP Oil Executive
Brice Cromwell.

Comes back it’s fake

Fact Check: 'BP Oil Executive Brice Cromwell' Does NOT Exist, NO One At BP Wrote Social Media Commentary On High Oil, Gas Prices

Imagine that
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regardless, people are getting clobbered at the pumps literally like never before, and just as Bush owned the subprime mortgage crisis because it happened on his watch, just as every one of you guys blamed Trump for covid because it happened on his watch, guess what, now a democrat is in charge during one absolute disaster after another. It’s not all his fault, but it’s all his problem to deal with. polling shows clearly what all of america, not just the hard right, thinks of his leadership through this.
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Gas prices surge 25 cents in a week, For a total of 59 cents for the month

And this is with releases from the us oil reserves and Saudi increase of 650,000 barrels a day.

So I am no business person but I would assume if the price of oil increased oil companies profits should remain the same not increase 300%. ?

Yet The top five oil companies alone—Shell, ExxonMobil, BP, Chevron, and ConocoPhillips—brought in more than 300 percent more in profits than in the first quarter of 2021. That is a total of more than $35 billion in profits in just three months. In fact, these five companies’ first-quarter profits alone are equivalent to almost 28 percent of what Americans spent to fill up their gas tanks in the same time period.

But but Biden is the easy Target

But oil like guns is off limits to the GOP .. with oil it the keystone pipeline fault
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if the price of gas was always a function of a cost of producing the gas, profits would be the same. But it’s not that simple, and you know that. there’s no law that says the price of a gallon of gas is always 10 cents more than the cost.

It’s a commodity, it’s heavily influenced by supply and demand, it’s heavily influenced by speculation.

In the US, demand is highest in summer, and there are concerns about supply because of the war in ukraine, and because the party running washington is openly hostile to fossil fuel.

when you have high demand happening at the same time as supply concerns, guess what happens to the price?
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This morning on Good Morning America they reported that 80% are primarily concerned with inflation and in the same breath said that only 27% of those polled approve with the job the Biden Administration is doing about it.

Not exactly Fox News making the claim
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He’s polling miserably with independents. It’s not just the far right.

People care more about $5 a gallon gas than they do about what happened on January 6.
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I don't think many of the things that Biden is getting hammered on are his fault but agree any Pres. reaps credit for good things out of his control and gets blamed for bad things out of his control.

PaulS
Insurance Executive

Narrator Voice: But very much was Biden's Fault.

I used Morgan Freeman, but very easily could have used Pee Wee Herman
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People care more about $5 a gallon gas than they do about what happened on January 6.

How sad is that!


They think One POTUS is responsible for price of gas

Yet they don’t care the last one Tried to steal the election

It Just shows How clueless the avg America actually are,, on how the world works.

American exceptionalism hard at work I guess
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you didn’t care when bush got blamed for the subprime mortgage crisis, guy didn’t care when trump got blamed for covid. So it’s ok when you do it. As always.

What’s good for the goose and all…

We
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The #^&#^&#^&#^&ing guy declared war on energy his 1st in office.
Do you deny that ???
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What a surprise Jim swooping in to defend big business

No kidding Jim demand leads to higher prices the war in Ukraine all true but doesn’t explain record profits

then you just can’t stop adding your right wing lie the party running washington is openly hostile to fossil fuel.!!

This administration has done nothing to reduce the oil pumped in America. Production is the same as when Trump was in office

It’s just another disingenuous reason why fuel prices are up.. but not surprising coming from you and Republicans . Who offer no ideas or solutions.. just cliches
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it’s a lie to say that democrats are hostile to fossil fuels?? no it’s not a lie. and america knows it.

the left decided to oppose fossil
fuels and go all in on green energy. If it had worked well, heys be heroes. But it failed horribly. They own it.

oil production is not the same. it’s down a little from 2019. it was trending up and up, then biden, who had to make promises to the progressive wing to get the nomination, won the election.
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sorry buddy, if you sell a product, and that product is experiencing a spike in demand and concerns i. supply, the price will go up, and so will your profits.

it’s pretty simple.
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That is disinformation, pure and simple.

Oil production was trending up, oil prices down until someone interfered and it was long before Biden's administration.

How soon we forget what reduced US oil production to it's lowest point since Obama.

Oil-producing nations on Sunday agreed to the largest production cut ever negotiated, in an unprecedented coordinated effort by Russia, Saudi Arabia and the United States to stabilize oil prices and, indirectly, global financial markets.

Saudi Arabia and Russia typically take the lead in setting global production goals. But President Trump, facing a re-election campaign, a plunging economy and American oil companies struggling with collapsing prices, took the unusual step of getting involved after the two countries entered a price war a month ago. Mr. Trump had made an agreement a key priority.

It was unclear, however, whether the cuts would be enough to bolster prices. Before the coronavirus crisis, 100 million barrels of oil each day fueled global commerce, but demand is down about 35 percent. While significant, the cuts agreed to on Sunday still fall far short of what is needed to bring oil production in line with demand.

The plan by OPEC, Russia and other allied producers in a group known as OPEC Plus will slash 9.7 million barrels a day in May and June, or close to 10 percent of the world’s output.

Unfortunately restarting oil wells is not just like turning a tap. US production is particularly hard to restart, as is Russia's.
The oil supply and demand will take a while to reach an equilibrium.
But that wouldn't fit your Party line.

US oil production peaked in 2018-2019. It was trending up. That upward trend is gone, now US production is lower than it was.

If we fully tapped into the natural resources we are blessed with, the Ukraine war could potentially have zero impact on US gas prices. We'd potentially control our own fate in that regard.

Yes it's all Trumps fault.

You make me really yearn for November Pete.

And somehow miraculously, Biden did that a year prior to the election.......

https://www.macrotrends.net/2562/us-...storical-chart

If we fully tapped into the natural resources we are blessed with

We would be Russia and oil and gas production and price would be controlled by the Government .

Get Real Jim big oil has no desire to help Americans pay even a little less at the pump… and they refuse to pump more oil it’s called greed
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