What now?! Checkmate!
What now?! Checkmate!
Joshua Butler
Joshua Kelly
>June 2008: Moloch
>June 2022: Baphomet
He may be on to something here.
Caleb Jenkins
Checkmate chud incel chuds
Nathaniel Davis
>120% increase on barrels of oil
>122% increase on gallons of gas
is this guy retarded? They're almost perfectly in-sync lmao.
ALSO, note how he cherry picked 2008 so it doesnt look as bad. He wouldnt dare pick a mid-year when a republican was in office. Because gas would be $2 or less.
Tyler Morgan
sorry, I meant to say 20% and 22%. just remove the 100. point still stands though.
Austin Campbell
Massive Oil Refining Capacity Idle in China as Prices Soar - Bloomberg - bloomberg.com
Something like half of Chinas refineries aren't operating. It's hard to understand how that isn't the main reason for this massive spread but no one is mentioning it
Jaxson Richardson
math is racist, bigot.
Samuel Turner
buying oil ends the Jew
Joseph Gray
I was about to call you a fucking retard. Good save.
John Nguyen
Now take into account all the regulation changes to refining and transporting gasoline, plus probably VAT changes.
Tyler Robinson
Did you look at the tax difference when you made that calculation? No.
Jaxson Williams
>china
Why the fuck are we dependent on china instead of domestic?
Landon Allen
Why Are China’s Fuel Refinery Rates So Low? | OilPrice.com - oilprice.com
Reuters’ Clyde Russell wrote in a recent column that China’s refined oil product exports this May, at 3.27 million tons, were as much as 40 percent lower than its May 2021 fuel exports. The refined oil product exports for the first five months of the year were down 38.5 percent from a year ago.
Nicholas Reed
You are really fucking stupid. $140 is the 2008 price. So the price of a barrel went down but the pump price went up.
Why are Americans like this?
Jeremiah Hill
Youre a fucking retard.
Brayden Hernandez
Just buy your oil by the barrel, Jack
Andrew Harris
Because oil and gas are bought or sold to whomever is paying the best price around the world?
Xavier Ortiz
>What now?
kys. god i hate you faggots so much
Owen Ramirez
true. but dont you think it strange that he magically picked the highest spike in history to compare against?
Alexander Davis
>You are really fucking stupid. $140 is the 2008 price. So the price of a barrel went down but the pump price went up.
It's intentional dishonesty. And it's far ranging
William Perez
I guess refining, transportation and storage of oil are free.
Andrew Hughes
one of these things is not like the other
Michael Perry
Its costing way more to move the gas now because of the inflation feedback loop
Anthony Ramirez
Inflation means something is going to burst. That or the gold standard needs to return pronto
Michael Howard
I wonder if the fact that a few states have started lowering refining has affected this in any way.
Nah that'd make too much sense, it must be le ebin capitalists!
Isaiah Powell
The point stands that pump prices are disproportionately high relative to barrel prices. Additionaly oil companies are making record prices. They are clearly deliberately restricting supply to increase prices.
Ian Ramirez
I pulled myself up from my bootstraps and built my own oil refinery
I borrowed my old mans suit and tie and walked into the local mom and pop bank and shook the managers hand and said "Ill take a loan for 40 billion dollars"
needless to say he was impressed and had his lazy millenial employees start loading the bags of cash into the back of my '67 Firebird
Jackson Walker
Its that fucking green energy incentive scam
Benjamin Johnson
140/117 = 1.19
5.01/4.10 = 1.22
Oh my what gouging and profiteering
Owen Butler
Another retard who didn't check the years before drawing conclusions
Jayden Nguyen
Clearly you say? Should be easy to prove that by showing the amount of crude coming in and amount of refined oil coming out both in 2008 and 2022. But im guessing you haven't looked into that.
Evan White
>have infinite water
>water is .000001 financial units per gallon
>your head of state restricts the amount of water that can be processed/delivered for the foreseeable future
>price of water explodes to many financial units per gallon
holy fuck its almost like there aren't just static conditions that determine market prices
Henry Ortiz
while Shell and other companies have made record profits, gouging is hardly the only reason.
crude oil -> usable gasoline has a fuckhuge supply chain. The democrats' retarded bill to stop gouging at the pump would do almost nothing. It's basically socialist price-fixing scheme that hurts small businesses the most, which is why is was unanimously opposed by republicans.
Joseph Morales
Big oil is making sure Biden is a one-term President, so yea, it's him.
Mason Smith
How does it make any sense to compare figures 15 years apart on goods that see relative inflation across every aspect of production and delivery, not to mention 100s of other variables that aren't shown by comparing these prices...
Lucas Morales
eia.gov
So here's a handy tool for looking up refining capabilities of states up to 2021. 2020-2021 saw a bit of reduction, most noticably in California (Which declared not long ago that by 2030 there will be no refining done in the entire state). Pic rel is California's stats.