Gas Prices

OhioBobcatFan06

Well-known member
Anyone following the hack of the pipeline on the East Coast? This is going to be a major disruption to the supply chain.

The FBI has confirmed it was Darkweb ransom ware. The good news is there is no physical damage to the pipeline so hopefully it won’t take too long before it’s operational again.

With that said, oil is looking like it could go up to ugly levels this summer as we reopen like so many other commodities have.
 

Stirred not Shaken

Well-known member
Gas Prices headed to over 3 dollars a gallon, food prices going up, housing prices through the roof. All of this hits the lower income families the most, great job Uncle Joe. Answer to all of this is just give America more stimulus, the Dems answer for any problem just throw more money at it.
 
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SayMyName

Well-known member
Gas Prices headed to over 3 dollars a gallon, food prices going up, housing prices through the roof. All of this hits the lower income families the most, great job Uncle Joe. Answer to all of this is just give America more stimulus, the Dems answer for any problem just throw more money at it.
So much for energy independence.....I'm sure the spin on gas prices will be blamed on Trump.
 

OhioBobcatFan06

Well-known member
In an interesting turn of events, the group behind this attack (likely Russian and/or Eastern European) has apologized for the attack and promised to do better in the future.

 

Raider6309

Well-known member
Gas Prices headed to over 3 dollars a gallon, food prices going up, housing prices through the roof. All of this hits the lower income families the most, great job Uncle Joe. Answer to all of this is just give America more stimulus, the Dems answer for any problem just throw more money at it.
Biggest issue is truck drivers have 30% of their jobs unfilled. If your an average high school you would be an idiot to go to college in this market
 

D4fan

Well-known member
Gas Prices headed to over 3 dollars a gallon, food prices going up, housing prices through the roof. All of this hits the lower income families the most, great job Uncle Joe. Answer to all of this is just give America more stimulus, the Dems answer for any problem just throw more money at it.
Asked my banker if double digit inflation plus interest rates doubling would create pressure on the banks when most people will have locked in low interest mortgages. After a brief pause with an exasperated look he said I didn't want to hear what the banking consensus is on the future of bank stability with all the surplus money in circulation. 2008 may just look like the warmup act.
 

OldSoulon

Well-known member
Anyone following the hack of the pipeline on the East Coast? This is going to be a major disruption to the supply chain.

The FBI has confirmed it was Darkweb ransom ware. The good news is there is no physical damage to the pipeline so hopefully it won’t take too long before it’s operational again.

With that said, oil is looking like it could go up to ugly levels this summer as we reopen like so many other commodities have.
I don't know why, but I have a feeling it all will involve Hunter and The Biden Crime Family.
 

Omar

Well-known member
Biggest issue is truck drivers have 30% of their jobs unfilled. If your an average high school you would be an idiot to go to college in this market
Yeah but how many “non academically” inclined HS students are actually capable to be truck drivers? It’s not like driving for Uber.
 

cjb56

Well-known member
Staffer: "What should we do Mr. President? This pipeline thing has become a crisis. Ummm, sir. Wake up, please. Nap time's over."

Biden: "Uhhhh, well. Someone set up my teleprompter and have it say something about Jim Crow and we're working on sending more stimulus checks, but the racist Republicans are stopping us. That should take care of it."
 

utsherman

Well-known member
But if you can't move the gas from point A to point B we might as well be running out of it.
The current outages in the East Coast states are due to panic regarding the hack. These irrational behaviors could drive the shortages for weeks.
 

lotr10

Well-known member
The current outages in the East Coast states are due to panic regarding the hack. These irrational behaviors could drive the shortages for weeks.
The underlining strength that Trump had nurtured in America's oil & natural gas economy is rapidly being undermined by Biden. Panic buying is a part of it. People panic buy when they fear the supply is at risk. They fear that the supply is at risk when events (hacking of the pipeline) and government actions lead people to believe that the supply is threatened.

The greatest bounty this country has ever seen has been the recent natural gas and oil bonanza. For those of us that lived through the oil shocks and shortages of the mid 1970's it was amazing that we were on the edge of becoming our very own OPEC. Then along comes Biden and his unscientific green agenda and we are throwing away this unprecedented opportunity. It should make folks on both sides of the political aisle sick to their stomachs.

Biden seems uninterested in fully exploiting America's cheap, abundant and reliable energy sources as well as the great paying jobs available supporting & expanding the oil/NG infrastructure.
 
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