Price of fuel went up again in my area

Discussion in 'Truckers News' started by Dino soar, Feb 4, 2021.

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  1. Dino soar

    Dino soar Road Train Member

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    Thank you to everyone that made that possible and it's going to keep going up and up and up...
     
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  3. 201

    201 Road Train Member

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    You should know, these Arabs blow a fart and the price skyrockets. I couldn't operate a business today with that kind of uncertainty, I don't know how you guys do it at all these days.:dontknow:
     
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  4. Midwest Trucker

    Midwest Trucker Road Train Member

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    That is part of the problem. The last years the US controlled the market and prices for a change. Now, power is shifting back to the Arabs and Russians. Now, our energy prices will soar, and their treasuries will as well. The opposite of what we should want as an America first country.
     
  5. PoleCrusher

    PoleCrusher Road Train Member

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    Watch what happens to China's economy as a result of our lack of energy independence.
     
  6. ready2truck

    ready2truck Medium Load Member

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  7. Midwest Trucker

    Midwest Trucker Road Train Member

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  8. mitmaks

    mitmaks Road Train Member

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    Ok just keep thinking that. U.S. government is the one who controls how much you pay at the pump. With ##### Biden in office we'll see 5/gal diesel this summer.
     
  9. JoeTruck

    JoeTruck Heavy Load Member

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    Just keep repeating the party line.
    I will be happy driving an electric truck comrade.
     
  10. Dino soar

    Dino soar Road Train Member

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    It always surprises me that people argue over this kind of the thing.

    It's Only simple supply and demand. If the United States shut down our supply and OPEC slows their supply which they're doing, then the price goes up. Less Supply.

    If we produce our own oil and natural gas there's more Supply and the price goes down.

    Whether or not you agree or disagree with the actual policy, it amazes me that's some people just can't comprehend simple supply and demand.
     
  11. xsetra

    xsetra Road Train Member

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    If the politicians would keep their hands out of the cookie jar, fuel prices would stay lower. There has never been a shortage of fuel. It has been that the supply was manipulated by several world governments to mimic a shortage.
    Way back during the couple of OPEC oil embargoes. Even then the supply was adequate, we never truly ran out of oil in the world.

    Shutting down the construction of the XL pipeline doesn't change the supply of oil in the world. It will still move. Now east, west or south either in a pipe or by rail.
    I heard the Texas oil companies like the idea. They will get more money for their product.

    And because China is a thirsty giant it will help Venezuela and Iran develop their oil fields which will raise the supply. Not much heard in the media about that story.
     
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