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Mosby

(19,480 posts)

18. The official story

Reply to BumRushDaShow (Reply #17)

Sun Mar 1, 2026, 04:57 PM

17 hrs ago

Is that the refiners prefer to use light crude from the gulf because it can be processed into gasoline cheaper.

The real reason is that the oil/gasoline/refinery companies have conspired to control the price at the pump. The data bears this out, because the price of crude doesn't track that much anymore with the price of gas. JMO.

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$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock [View all] BumRushDaShow Yesterday OP

Somehow I doubt a 2020's oil shock will go so well for Orange Julius as the 1973 oil embargo did for Dick Nixon Vogon_Glory Yesterday #1

Agreed. paleotn 23 hrs ago #6

I'm glad I went electric n/t Polybius Yesterday #2

I'm glad I don't drive much! moonscape 16 hrs ago #24

Yeah, but we have all that Venezuelan oil Bayard 23 hrs ago #3

Forget the sarcasm emoji? paleotn 23 hrs ago #7

I didn't think it was necessary, but okay Bayard 23 hrs ago #9

Considering the situation in Venezuela too, maybe MAGA wants higher oil prices? IronLionZion 23 hrs ago #4

That last part. Exactly. paleotn 23 hrs ago #8

Yes. nt wiggs 20 hrs ago #12

It's times like this, I'm glad I work from home Javaman 23 hrs ago #5

The nation wide average price for a gallon of regular gas is just shy of $3 with a barrel of oil at $50. flashman13 23 hrs ago #10

The correlation is superficial, the price of gas is based more on demand and Mosby 20 hrs ago #13

If a barrel of oil costs $100, producers can not sell gas for $3 a gallon. That's a fact. flashman13 17 hrs ago #20

I did fill up, at costco. Mosby 17 hrs ago #21

Same here. Costco price was $2.79. flashman13 17 hrs ago #22

trumps is hoping this happens prolong Hormuz closure republianmushroom 22 hrs ago #11

But that's ok BaronChocula 19 hrs ago #14

The United States is an oil exporter. Mosby 19 hrs ago #15

How about I waste NO time BaronChocula 19 hrs ago #16

"So please explain why the price of crude in the Persian Gulf affects the price of gasoline in the United States." BumRushDaShow 19 hrs ago #17

The official story Mosby 17 hrs ago #18

I was born and raised in the city that had the largest number of oil refineries on the east coast BumRushDaShow 16 hrs ago #23

It just hit over $5.00+ a gallon here CountAllVotes 17 hrs ago #19