Saudi Arabia to extend oil production cuts through September, signaling potential rise in US gas prices

[Ordinary Guy]

Thank you Mr President! Low life piece of shit- OG

Saudi Arabia to extend oil production cuts through September, signaling potential rise in US gas prices

Saudi Arabia is extending oil production cuts through the end of September in an effort to raise lagging prices, though analysts fear the move will raise gas prices in the U.S.

www.foxbusiness.com

 

[Dekster]

Only fair since we have not embraced their golf tournament system.

 

[1srelluc]

Potential? Where have you been the last couple weeks?

$3.69 in my AO, up .34 cents in less than two weeks.

 

[surada]

Thank you Mr President! Low life piece of shit- OG

Saudi Arabia to extend oil production cuts through September, signaling potential rise in US gas prices

Saudi Arabia is extending oil production cuts through the end of September in an effort to raise lagging prices, though analysts fear the move will raise gas prices in the U.S.

www.foxbusiness.com

This has nothing to do with the US president. This is a response to market demand.

OPEC is always slightly cheaper than domestic crude.

 

[TheGreatSatan]

Democrats want higher oil prices to fight global warming.

If a democrat says they want lower fuel prices, tell that lying pos to kill itself.

 

[surada]

Democrats want higher oil prices to fight global warming.

If a democrat says they want lower fuel prices, tell that lying pos to kill itself.

Nobody wants higher gas prices. The US just has the highest production costs in the world. Domestic oil companies are trying something new. They are going for stability instead of boom and bust.

 

[TheGreatSatan]

Nobody wants higher gas prices. The US just has the highest production costs in the world. Domestic oil companies are trying something new. They are going for stability instead of boom and bust.

Go attend a meeting of democrats talking about the environment. Democrats want to end fossil fuels. Not lower their prices.

Anyone voting democrat is voting for higher gas prices in the name of climate change.

 

[Ordinary Guy]

This has nothing to do with the US president. This is a response to market demand.

OPEC is always slightly cheaper than domestic crude.

it has everything to do with a President shutting down domestic production across the nation. Please STFU so the adults can talk.

 

[Ordinary Guy]

This has nothing to do with the US president. This is a response to market demand.

OPEC is always slightly cheaper than domestic crude.

not landed here, and our workers refine it meaning a better local economy and more taxes paid

 

[surada]

it has everything to do with a President shutting down domestic production across the nation. Please STFU so the adults can talk.

Domestic production is booming.. it doubled under Obama and is now higher than its ever been.

 

[surada]

not landed here, and our workers refine it meaning a better local economy and more taxes paid

Motiva is owned by the Saudis. It's the biggest refinery in the US.

 

[Funzo Hoss]

Goddamnit release the reserves we have our own Oil. All those dead fuckers in Iraq and Bush didn't take any fucking oil lol

 

[surada]

Goddamnit release the reserves we have our own Oil. All those dead fuckers in Iraq and Bush didn't take an fucking oil lol

Iraqi oilfields were in terrible shape when Bush invaded Iraq. In fact, Iraq was crippled by 2 decades of war and sanctions.

They didn't get back up to speed for 7-8 years. I'm really surprised at the ignorance of Americans.

 

[Remodeling Maidiac]

Potential? Where have you been the last couple weeks?

$3.69 in my AO, up .34 cents in less than two weeks.

I pay this 3 times a week. His energy policy is budget breaking.

 

[Mac-7]

Only fair since we have not embraced their golf tournament system.

Democrats have stupidly selected Saudi Arabia as a country on their black list and stories like this are the consequence

 

[Persuader]

Gas is going up already....at least here in floriday

 

[skews13]

Thank you Mr President! Low life piece of shit- OG

Saudi Arabia to extend oil production cuts through September, signaling potential rise in US gas prices

Saudi Arabia is extending oil production cuts through the end of September in an effort to raise lagging prices, though analysts fear the move will raise gas prices in the U.S.

www.foxbusiness.com

Idiot. So Biden is responsible for OPEC decisions now?

OPEC’s Production Drops More Than 1 Million Bpd In July: Argus | OilPrice.com

A third survey has come in showing that OPEC’s production dipped even more than earlier estimates, according to Argus, which showed that production fell in July by more than 1 million bpd

oilprice.com

And I guess in that empty space between your ears, you don’t know that any of this is very easily researched information right?

Gas Prices Inch Higher As TotalEnergies Shuts Down Port Arthur Refinery | OilPrice.com

TotalEnergies had to shut down a unit at its Port Arthur refinery in Texas due to a leaky pump, further exacerbating recent refinery outages that have pushed U.S. gasoline prices higher.

oilprice.com

 

[Stann]

Thank you Mr President! Low life piece of shit- OG

Saudi Arabia to extend oil production cuts through September, signaling potential rise in US gas prices

Saudi Arabia is extending oil production cuts through the end of September in an effort to raise lagging prices, though analysts fear the move will raise gas prices in the U.S.

www.foxbusiness.com

The president , past or present , has very little control over oil prices. Although oil usage in the Western World has decreased, it's use is exploding in the developing world, especially China and India. So the demand is greater than ever. Saudi Arabia realizes that their oil ( fields now half depleted ) isn't going to last much longer ; by rationing it out they can get a bigger buck for the bang. Supply and Demand , among other factors , determines the price. I don't see it ever getting cheap again. A slow climb to about $10.00 a gallon by 2030. Nothing / no one can change that.

 

[surada]

The president , past or present has very little control over oil prices. Although oil usage in the Western World has decreased, it's use is exploding in the developing world, especially China and India. So the demand is greater than ever. Saudi Arabia realizes that there oil ( fields now half depleted ) isn't going to last much longer by rationing it out they can get a bigger buck for the bang. Supply and Demand , among other factors , determines the price. I don't see it ever getting cheap again. A slow climb to about $10.00 a gallon by 2030. Nothing / no one can change that.

Most of KSA hasn't been explored for oil .

 

[Stann]

Most of KSA hasn't been explored for oil .

Most of the oil has been pumped out of the fields. Over 92 trillion barrels over the past 50 years.