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US oil production in August exceeded any month of production

Posted on: November 1, 2023 at 11:11:27 CT

KC rules MU

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during Trump's presidency which is exactly as I said would happen once the industry got rolling again after the drop in demand and shuttering of rigs during covid.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfpus2&f=m

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MESSAGE THREAD

About time for a major oil field to get hit - JayHoaxH8r MU

- 11/1 10:47:25

Could be demand is down because people cannot afford - tigertix MU - 11/1 11:34:50

Or could be - JayHoaxH8r MU

- 11/1 12:37:22

$2.95 gas is good news, everybody!(nm) - CulturedDan MU

- 11/1 11:00:25

It's 2.68 in Ozark - JayHoaxH8r MU

- 11/1 13:28:39

I'd rather see low desell prices - tigerinhogtown STL - 11/1 11:11:58

Do you think they will lower transportation costs if diesel - Tigrrrr! MU

- 11/1 11:22:52

yes they would - JB Hunt adjusts pricing based partially - tigerinhogtown STL - 11/1 11:37:58

Things rarely get cheaper - JayHoaxH8r MU

- 11/1 11:36:43

if cost of doing busines goes down, prices drop - tigerinhogtown STL - 11/1 11:38:55

But do you think we would see that in the stores? - Tigrrrr! MU

- 11/1 12:05:46

if not in the stores then in the stock market - tigerinhogtown STL - 11/1 12:21:22

So who starts the price drop? - JayHoaxH8r MU

- 11/1 11:44:58

the transportation firm needing to fill ships or trailers or - tigerinhogtown STL - 11/1 11:47:25

Not going to happen - JayHoaxH8r MU

- 11/1 11:49:42

Yay, Biden!(nm) - Tigrrrr! MU

- 11/1 11:04:33

When it gets to Trump era prices, get back to us. (nm) - Outsider MU - 11/1 10:52:13

US oil production in August exceeded any month of production - KC rules MU - 11/1 11:11:27

What an odd endorsement of lockdowns(nm) - El-ahrairah UGA - 11/1 10:57:22

When was the lockdown? (nm) - Outsider MU - 11/1 11:03:28

During Trumps presidency - El-ahrairah UGA - 11/1 11:05:48

RE: During Trumps presidency - Outsider MU - 11/1 11:07:55

The lowest prices were during his lockdowns - El-ahrairah UGA - 11/1 11:39:51

RE: The lowest prices were during his lockdowns - Outsider MU - 11/1 11:44:31

when demand gets to zero i will - JayHoaxH8r MU

- 11/1 10:54:18

in for another putin price hike?(nm) - Th8tnTiger MU - 11/1 10:50:41

by his logic gas should be around $30\gallon - Sal CMSU - 11/1 10:51:36

lol(nm) - Th8tnTiger MU - 11/1 11:06:38

I hope you never taught business - Sal CMSU - 11/1 10:50:22

The Warrensburg graduate talking IQ smack...wowza(nm) - Gyro MU

- 11/1 12:00:33

I didn't say anything about IQ - Sal CMSU - 11/1 12:35:16

He got fired for a reason(nm) - DollarSigns MU - 11/1 10:51:39

RE: About time for a major oil field to get hit - sarasotatiger MU - 11/1 10:49:34

2 weeks ago diesel went from 3.95 to 4.85 overnight - tigerinhogtown STL - 11/1 10:49:08

yes it doesn't make much sense - JayHoaxH8r MU

- 11/1 10:53:23

diesel was $2 more than gas, Cheaper to drive my big truck - tigerinhogtown STL - 11/1 11:10:30

I understand - JayHoaxH8r MU

- 11/1 11:16:52

Weird thing is I drove to Dallas and back this past weekend - TigerJackSwartz MU

- 11/1 10:52:12