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Showing content with the highest reputation on 02/26/2025 in all areas

  1. 1 point
    When you tell your customers of the price increase make sure you wear your MAGA hat.
  2. 1 point
    Correct, prices will be passed on to the consumer. I pass on the extra costs of all goods and materials.
  3. 1 point
    Some believe that “Big Oil” should be held financially accountable for climate-related disasters, such as California’s wildfires. Their rationale? Major oil and gas companies are profitable and have contributed significantly to atmospheric carbon emissions. A recent press release—“Chevron & Exxon could easily cover LA wildfire damages”—claimed that “mega-rich oil firms like Chevron and Exxon are knowingly driving and profiting from the climate crisis.” Two California lawmakers have even introduced legislation to enable lawsuits against these companies. But do these claims hold up under scrutiny? The fires in California were caused by annual high winds and electricy lines that spartked when shorted out. the underbrush got going too fast for the fire departments to handle and hydrants were lacking water. Man made fire as is most on west coast. Lot of arsonists out there.
  4. 0 points
    Prices are moving up with the reduction in oil inventories. Trump's policies will bring about greater reliance on oil products to support the American economy, there is no doubt about that. Some people confuse up with down...they should wake up. https://oilprice.com/Energy/Crude-Oil/WTI-Stuck-Below-70-as-EIA-Confirms-Crude-Inventory-Draw.html "Crude oil inventories in the United States saw a decrease of 2.3 million barrels during the week ending February 21, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were mixed prior to the crude data release by the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a dip of 640,000 barrels in U.S. crude oil inventories. The Brent benchmark was trading slightly down, off 0.05% at $72.98 at 10:24 am, just minutes before release. The WTI bechmark was trading slightly up at +0.03% at $68.95."
  5. 0 points
    With oil prices now soaring upward?????? any day now ...any day Global recession is moving into high gear...............Thanks to the Tards who voted for Trump enjoy the crash in oil ....Mr. Econ.........where did you run off to??????? you where just spouting less than a week ago .......oil prices now soaring upward......... ha ha ha ha ha ha and you got a degree in Econ????????? 15:35 pm CDT 26/02/2025 WTI Crude(April Contract) 68.74 -0.25%
  6. 0 points
    you need to adjust the bottom trend line....it is too high at the present day endpoint....should be lower by at least $5 then Mr Econ can explain to us again that down is up and the price of Oil is soaring at today's $69 WTI
  7. 0 points
    Sad thing for old Ruffy is he won't see a price break at the pump. Refinery margins are low and tariffs on crude imports will be passed on to consumers. Record LNG exports means domestic rates will rise.
  8. 0 points
    Keep telling me down is up. I showed you awhile ago the trends. The trends continue.
  9. 0 points
    Oil prices are soaring as Trump unwinds and removes the assault on oil???????? any day now????? any day???? A new era has arrived.??????? yeah if you love inflation topped off with a deep recession yeah... a new era....... the $70 barrier on the downside was broken in a big way today clearing for $60 crude this year....and why can it fall to $60????? I am sure Mr Econ can explain it as he claims Oil prices are soaring....ha ha ha ha ha ha ha overproduction....falling demand due to a recession and falling demand due to EVs...China loves the last one...it really sticks it to Trump and his tariffs enjoy as Trump kills US oil production as you can bet that US Oil companies are going to stop drilling and the cede market over to the Saudis.......as the Saudis have no choice but to open the taps.........as you do realize Trump loves Saudi Arabia the most And Reality, Trump has triggered a global recession in just the past 2 months of his babbling like an idiot........Tariffs ....Tariffs...... love the latest news .......U.S. economy slowed to near-standstill in February tastylive Markets Face Global Recession as PMI Data Shows U.S. Service Sector Slump S&P Global PMI data showed the U.S. economy slowed to near-standstill in February. Stocks may fall further with yields and the dollar amid... . 19 hours ago 14:43 pm CDT 25/02/2025 WTI Crude(April Contract) 68.93 -2.46%
  10. 0 points
    I didn't write the article Ecocharcher misunderstood; you seem to have also misunderstood it. Where was profit mentioned exactly? FYI forest fires are natural and are net-carbon neutral. The new trees that grow suck up the pollution their parents made.
  11. 0 points
    Your reading comprehension is weak. That was not the point of the article, at all, read it again slowly. They say they are taking too large of a portion of the blame - not denying the climate climate change science. They agree there is foundation, but blame coal and other sources. Classic "but, but China does it more!" flawed argument. "Key Questions and Misplaced Blame To argue that Big Oil should be held primarily responsible for climate-related disasters, one must accept three questionable premises: Companies responsible for just 5.4% of total emissions should bear the bulk of the blame, while ignoring other major contributors, including coal producers and nationalized oil companies. Producers, not consumers, are responsible for emissions. Oil companies extract and refine fossil fuels, but consumers—individuals, businesses, and governments—burn them (while deriving benefit from doing so). A handful of Western corporations should be punished despite accounting for only a fraction of global fossil fuel production. The vast majority of oil and gas production comes from national oil companies, such as those in Saudi Arabia, Russia, and China."