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Fuel prices climbing to "Republican levels"? Thanks Trump!

Xuan12 · 31-35, M
Yep. When sanctions on Iran began to lift, Saudi Arabia initiated an oil price war hoping to stifle Iran's ability to produce and compete with them. Iran, long languishing under sanction, didn't care, because selling oil cheaply is better than selling none at all. Also under sanctions, Russia turned to the East to buy up their oil since the higher paying western customers were cutting back. But the East, mostly China, drove a hard bargain and also bought the oil cheaply from Russia. Prices were being forced down all over the world.

Now, with a Putin friendly president-elect incoming, and OPEC agreeing with other oil producing countries to bring the price of oil back up, we can expect to see fuel prices increase.
Pfuzylogic · M
Isn't even in and he is messing stuff up!
I'm trying to save my pocket Monday!
Fernie · F
@Pfuzylogic: Call me crazy but I see him pissing other countries off already...it could get ugly real fast here. So, I suggest you all start hoarding water,food,etc. I never think it can't happen to me, or here...not after 9/11.
lorne13 · 61-69, M
that's just the beginning
Pfuzylogic · M
@Fernie:
Im from Indiana where he was governor.
Pence is an extreme Conservative;
I would be very surprised if he had the ability to run the government.
He might know other conservatives but that's about it.
Fernie · F
@Pfuzylogic: I'm not sure but I might find that comforting to know.
Pfuzylogic · M
@Fernie: Ii agree, he is at a level where he will be lucky getting by day by day.
SW-User
Don't worry, Rex can fix that....snort
Pfuzylogic · M
Just went up 40 cents lol he needs to do something. Haha
SW-User
@Pfuzylogic: don't worry!
Pfuzylogic · M
@Distancerunner: Countdown to Recession! 😂
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Pfuzylogic · M
Hope Trump can manage!
GunSmoke9 · 56-60, M
Obama had nothing to do with lower gas prices, and Trump and republicans have nothing to do with prices rising.
Pfuzylogic · M
It must be a magic wand.
They should have given wand to Trump
GunSmoke9 · 56-60, M
@Pfuzylogic: Makes no sense.
Pfuzylogic · M
@GunSmoke9: Oh made no sense when W was in office an "Oil" man and he bought oil reserves when oil was very expensive.
Republicans do silly stuff like that.
goliathtree · 56-60, M
Ahh...so OPEC cutting production levels in order to get their profits while they can had nothing to do with it...I see....Chinese Algebra.
Pfuzylogic · M
We hate the Chinese now.
Don't you ever listen to big brother at all !
Booyeah · 41-45, M
Pfuzylogic · M
@Booyeah: You have 4 posts if you want to throw in troll.
This message was deleted by the author of the main post.
GunSmoke9 · 56-60, M
@Pfuzylogic: Have you seen the stock market? Going up since Trump won.

 
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