• There has been a recent cluster of spammers accessing BARFer accounts and posting spam. To safeguard your account, please consider changing your password. It would be even better to take the additional step of enabling 2 Factor Authentication (2FA) on your BARF account. Read more here.

Gas Prices

Not a chance.

Extremely fast going up, extermely slow coming down. Tons of collusion (explicit or tacit) happening, otherwise there would be real market forces working.
 
AbsolutEnduser said:
quick Q:

didn't oil prices/ oil futures fall in the last 1 or 2 days? Are the gas prices at the pump coming down come Saturday?

Asking for a friend.
Click to expand...
Brent Crude price is artificially low…

Looks up dated Brent or spot North Sea….

It’s kinda like communism… the price is cheap but none can buy at that price….

 
Georgia has some of the lowest taxes on gas and I'm surprised how expensive premium is here - almost $5 a gallon.. And here I thought I was going to get to ride at $3 gas 🤣
 
Yay.

From MSN Money.

ConocoPhillips posted $2.3 billion in profits in the opening quarter of 2026, up 84% from the prewar period, according to the Guardian. Meanwhile, Valero Energy, a petroleum refining giant, reported $1.2 billion in profits. Earnings were so "exceptional" for BP that its profits more than doubled between the last quarter of 2025 and the first quarter of 2026.

While other major players like ExxonMobil and Chevron had lower profits during the first quarter of the year, analysts expect that picture to change quickly if higher prices hold, according to CNN.

Consensus forecasts suggest ExxonMobil's second-quarter earnings may come in at more than twice last year's level, while Chevron's full-year profits are predicted to rise by 56% for the year.

Kelly Mitchell, who leads the oil and gas industry watchdog Fieldnotes, told the Guardian, "The reason why oil companies are doing so well right now, or at least are projected to do very well in the near term, is exactly because Americans are hurting."
​
 
augustiron said:
High performance ICE is good for the soul, and good for your corporate oil overlord profits.

You want to stick it back to them... Drive Economical and practical EVs
😥
Click to expand...
More people need to ride motorcycles, including electric ones.
Fuck these greedy assholes.
 
Dont worry as soon as they have enough sheep investing into oil and gas industries [to offset their losses at the pump, which is really the only way Joe / Shmo can keep up] the will end the conflict and crash the market switching to EV's no?

**ADMIN EDIT for Political Content****

I am really just waiting to see who absorbs the fuel price shock first, produce stores or consumers (those are derivative of energy prices).

And those on here who think driving an EV will save them, AI datacenters will have something to say about that.
 
Last edited by a moderator:
If only it was just fuel prices. Dropped into Costco this evening to pick up pistachios. A 3 pound bag now cost 40% more than back in January. Been seeing the price climb every month and suspect it will be a lot higher by year end. Likely applies to a lot of other items we consume daily.
If you’re not getting a fat raise annually you’ll be getting poorer at an alarming rate.
 
Blankpage said:
If only it was just fuel prices. Dropped into Costco this evening to pick up pistachios. A 3 pound bag now cost 40% more than back in January. Been seeing the price climb every month and suspect it will be a lot higher by year end. Likely applies to a lot of other items we consume daily.
If you’re not getting a fat raise annually you’ll be getting poorer at an alarming rate.
Click to expand...
They were talking about this on a podcast I listen to. The gains in salaries made over the last three years against the prior round of inflation have been wiped out in just two short months. We are certainly feeling it and my frustration against it all is massive.
 
As we have seen with everything else, once they get the prices up, they tend to keep them there for a while, if not permanently.
 
You must log in or register to reply here.
Back
Top