June inflation 9.1%

[venditto]

LOL ok. Civilization and society, since oil became a world asset in the 20s, has advanced faster and quality of life improved greater than in any other era of existence.

Good like finding a sportsbook in an oil free world lol

Supply and demand if americans are gonna keep paying for oil at any price the price will continue to go up. Everyone stops paying $5 a gallon and it would go down. Blame your fellow citizens addiction to it.

 

[MinnesotaFats]

I read it. It’s nonsense. Now you’re gonna cry poor for Exxon. Jesus you can’t be this stupid. Listen to energy analysts and people who know things and you will know what you’re talking about for once.

I don't understand your logic.

You say Noone knows how the gas prices are set. I ask you to explain it. You don't.

You say Bidens policies have no effect on pricing. I point to the Energy companies dictation to the President himself, outlining how his policies affect them. You dismiss it as nonsense.

You say Energy has record profits and that's greed and bad. You don't mention that Amazon, Tesla and THE IRS also had record profits, as thou there's only one boogeyman in that group.

You continue to rail upon your assumption of what I don't know, yet you don't tell me what I should know. Here's what I've re affirmed in this exchange. You were, and are still, the dumbest person I've ever read online, and in two sites, there isn't one guy with as much naivety & ignorance as you.

And that's a hard assessment to make, because as bettors, alot of us live in denial. But Vitty, you are some kind of weird almost 'TRIBAL' defender of the left, who at this point, has lost any credibility to speak on the subjects. You need to take off the ROSE colored glasses and either take up the discussion; teach me what I'm missing & what the President seems to know that Noone else in this world does, or simply just stop typing- because you come off as a real moron.

 

[biggins]

To long cliff notes for Christ sakes



"Rising interest rates around the world is going to hit the consumer’s pocketbook," Andy Lipow of Lipow Oil Associates wrote in a note to investors. "I think it will result in additional demand destruction and lower prices."

Relief for Americans may be coming: The national average for gasoline now sits a $5/gallon, down 2 pennies from a record high earlier this week, according to AAA.

"I am forecasting that gasoline prices will drop 5 cents per gallon in the next 7 days to $4.95 and with any luck another 5 to 10 cents after that," Lipow said. "Gasoline futures prices are well off their highs."

 

[MinnesotaFats]

Supply and demand if americans are gonna keep paying for oil at any price the price will continue to go up. Everyone stops paying $5 a gallon and it would go down. Blame your fellow citizens addiction to it.

It's life, this is why we don't do Executive Orders on policy that AFFECT EVERY FUKKING PERSON.

We have a CONGRESS to enact change slowly, safely. It's not exclusively gas, its OIL and refined distillates.

People drive to work- oil
On paved roads- oil
In AC- oil
Use computers/ phones- oil
Feed/ cloth/ raise babies- oil
Grow lawns- oil
Boulder homes- oil
Eat at restaurants- oil
Drink beer- oil

It's everything. You cannot go from 1 way of to another, for 360 MILLION people, overnight by Executive Order.

 

[MinnesotaFats]

To long cliff notes for Christ sakes



"Rising interest rates around the world is going to hit the consumer’s pocketbook," Andy Lipow of Lipow Oil Associates wrote in a note to investors. "I think it will result in additional demand destruction and lower prices."

Relief for Americans may be coming: The national average for gasoline now sits a $5/gallon, down 2 pennies from a record high earlier this week, according to AAA.

"I am forecasting that gasoline prices will drop 5 cents per gallon in the next 7 days to $4.95 and with any luck another 5 to 10 cents after that," Lipow said. "Gasoline futures prices are well off their highs."

Forecasts on WTC are in the $85/ bbl range as we enter recession. They'll stay there, as will gas prices around $4.65 and diesel $5.65.

That diesel price is the killer, if that stays there, you'll continue w run away inflation and mfg/ wholesale job loss because it's reflected in shipping costs.

 

[vitterd]

I don't understand your logic.

You say Noone knows how the gas prices are set. I ask you to explain it. You don't.

You say Bidens policies have no effect on pricing. I point to the Energy companies dictation to the President himself, outlining how his policies affect them. You dismiss it as nonsense.

You say Energy has record profits and that's greed and bad. You don't mention that Amazon, Tesla and THE IRS also had record profits, as thou there's only one boogeyman in that group.

You continue to rail upon your assumption of what I don't know, yet you don't tell me what I should know. Here's what I've re affirmed in this exchange. You were, and are still, the dumbest person I've ever read online, and in two sites, there isn't one guy with as much naivety & ignorance as you.

And that's a hard assessment to make, because as bettors, alot of us live in denial. But Vitty, you are some kind of weird almost 'TRIBAL' defender of the left, who at this point, has lost any credibility to speak on the subjects. You need to take off the ROSE colored glasses and either take up the discussion; teach me what I'm missing & what the President seems to know that Noone else in this world does, or simply just stop typing- because you come off as a real moron.

Your ceo letter was the most hysterical thing I’ve ever seen. That would be like you writing a letter to Biden complaining about payday loan prices being a rip off.

Gas prices are high because of greed, covid, Russia, Ukraine and production. The pandemic induced supply and demand mismatch is something you will never understand because you don’t understand basic economics.

The global energy market was affected by sanctions put on Russia by everyone. That made costs go up.

Production has been way down. The energy Secretary already told us that companies aren’t doing enough to increase production under record profits.

Price Gouging is happening every day and that is increasing prices.

This is a global problem. Can’t your pea sized brain figure this out? Why do you think it’s 11 dollars in other countries? Because a Biden policy? Jesus, how do you find you’re way home at night.

 

[uscphillyguy]

you too my friend.....you gonna do the fantasy football League 1 across the street? Not sure the point if the points are worthless.

Negative Bucker

 

[vitterd]

Negative Bucker

I’m starting a Cadillac Grille fantasy league in Philly. Members only allowed in. I will send you all the details next Tuesday.

 

[biggins]

FYI Rudy used to do the same thing but NOONE is not a word. I had to capitalize to keep spell check from correcting. Tells me you guy’s are on a PC. Not that there’s anything wrong with that. I can’t remember the last time l even turned on my computer.

 

[Franklee168]

The real question is why would any sane person drink diet soda.

Super size everything but give me a diet coke. Can't make this shit up.

 

[vitterd]

Super size everything but give me a diet coke. Can't make this shit up.

I’m not really a soda drinker. When I was a kid I drank mt dew and I see they have mt dew zero now. These sodas without sugar….are they any good or better for your health? I’m water and Gatorade mostly.

 

[Franklee168]

I’m not really a soda drinker. When I was a kid I drank mt dew and I see they have mt dew zero now. These sodas without sugar….are they any good or better for your health? I’m water and Gatorade mostly.

Same here. Water, tea, coffee are my norms.

 

[Enikk]

you too my friend.....you gonna do the fantasy football League 1 across the street? Not sure the point if the points are worthless.

We will be having something here where it will be worth something. That is a lock. I should be getting more details soon on the new loyalty program that will be announced in the near future so I can involve it some way with our 1st fantasy contest whether it be bitcoin only or involve both. Even bigger things coming to BMR. Stay tuned.

 

[JDS]

Absolutely insane

Gambling income for everyone gotta be getting scarce

This Administration's policies are so fukking ass backwards, my 44oz gas station fountain Diet Coke, which was $1.16 forever, is now $2.49.

FML

You just basically explained my situation spot on analogy to many Americans around the country.

 

[MinnesotaFats]

Your ceo letter was the most hysterical thing I’ve ever seen. That would be like you writing a letter to Biden complaining about payday loan prices being a rip off.

Gas prices are high because of greed, covid, Russia, Ukraine and production. The pandemic induced supply and demand mismatch is something you will never understand because you don’t understand basic economics.

The global energy market was affected by sanctions put on Russia by everyone. That made costs go up.

Production has been way down. The energy Secretary already told us that companies aren’t doing enough to increase production under record profits.

Price Gouging is happening every day and that is increasing prices.

This is a global problem. Can’t your pea sized brain figure this out? Why do you think it’s 11 dollars in other countries? Because a Biden policy? Jesus, how do you find you’re way home at night.

Vitty

Your 'gaslighting' and 'marhinalizing' of stuff is counterproductive.

Let's do this, let's try to justify or explain your world view.

You have the reality of day to day life, the history of liberal policies and the world reality of Socialism and how that's faired.

For some gravitas Vitty, can you cite for the board, one quantifiable or measurable accomplishment by this Administration that has benefitted Americans?

Can you cite one example of how life in Democrat run cities has retained the white population or one City where urban life is better than suburban life?

Can you explain why it's ok for some companies to make profit, for tech companies w no revenue to trade at 40xs value, but why it's bad that ExxonMobil spits out a 5% dividend?

Enlighten us by simply justifying your point of view w something factual or measurable rather than typical lib emotions.

BTW, this inflation is going go be a hard landing. Before you know it, a mortgage is going to be 10%. That's Bidens America.

 

[vitterd]

Vitty

Your 'gaslighting' and 'marhinalizing' of stuff is counterproductive.

Let's do this, let's try to justify or explain your world view.

You have the reality of day to day life, the history of liberal policies and the world reality of Socialism and how that's faired.

For some gravitas Vitty, can you cite for the board, one quantifiable or measurable accomplishment by this Administration that has benefitted Americans?

Can you cite one example of how life in Democrat run cities has retained the white population or one City where urban life is better than suburban life?

Can you explain why it's ok for some companies to make profit, for tech companies w no revenue to trade at 40xs value, but why it's bad that ExxonMobil spits out a 5% dividend?

Enlighten us by simply justifying your point of view w something factual or measurable rather than typical lib emotions.

BTW, this inflation is going go be a hard landing. Before you know it, a mortgage is going to be 10%. That's Bidens America.

So we can agree that I just put the sledgehammer to you on gas prices and you wanna move on to something else? I’ve written extensively about much of what you wanna know but you wouldn’t understand most of it. Your view is so simplistic it’s :

liberal= bad
Conservative = good

Let me make it simple because that is what you understand.

1) low unemployment, 6 million jobs created year one. Child poverty way down, reduced hunger and more access to health care. That’s just basics. I have much more for Biden.

2) Exxon is making record profits while raising prices. That is greed and Biden should have called them out, which he did.

3) republican run cities and states in the south are trash. White trash. Uneducated. Red states are all taker states. The states you bash, calif, New York, pa….all dem run. They pay in to feds. Your red states feed off them. Without those states, Kentucky, Bama, Mississippi….all starve.

4) this country is still about keeping minorities as a permanent underclass and it’s now even getting more about class than color. It’s a fact that republicans policy always hurts the poor and minority. This isn’t emotion. Its a fact.

this is a short version. I got much more.

 

[MinnesotaFats]

So we can agree that I just put the sledgehammer to you on gas prices and you wanna move on to something else? I’ve written extensively about much of what you wanna know but you wouldn’t understand most of it. Your view is so simplistic it’s :

liberal= bad
Conservative = good

Let me make it simple because that is what you understand.

1) low unemployment, 6 million jobs created year one. Child poverty way down, reduced hunger and more access to health care. That’s just basics. I have much more for Biden.

2) Exxon is making record profits while raising prices. That is greed and Biden should have called them out, which he did.

3) republican run cities and states in the south are trash. White trash. Uneducated. Red states are all taker states. The states you bash, calif, New York, pa….all dem run. They pay in to feds. Your red states feed off them. Without those states, Kentucky, Bama, Mississippi….all starve.

4) this country is still about keeping minorities as a permanent underclass and it’s now even getting more about class than color. It’s a fact that republicans policy always hurts the poor and minority. This isn’t emotion. Its a fact.

this is a short version. I got much more.

You gotta be joking right. You're quoting unemployment rate as a factor in economics? This isn't 1965 lol this is a gig economy. The true, the Workforce Participation Rate, is dropping to around 60%, an all time low. It was 66% pre covid, it was 63% 2020. Take an economics class.

The price of crude is global. It reflects the amount pumped daily with a futures hedge. Biden and the Democrats, who control both Houses of the Senate & the White House, ill remind you, and yet who you continue to apologize for, took the entire US futures hedge off the table, they then took efficiencies (pipeline) off the table and then barred any future Federal leases/ permits to drill while continuing to block any expansion of refining capacity.

Red States are trash? Then why is EVERYONE that can, moving to Carolinas, Florida, Texas, etc? You really are comparing the quality of life in NYC, PHI, CHI, SF, ETC to West Palm or Dallas or Charleston? You gotta be out of your fukking mind. NY / CA lost seats in the House people are moving out so fast.

You "love" of minorities is wonderful. Conservatives don't hate minorities, they just don't pander to them...we want everyone to earn a living, have freedom to work as they wish and keep that money. We don't want redistribution of tax dollars going to welfare, drug care, child care or a lifestyle of poor choices that government enables. I'd like to know if you feel that the Great Society programs, those legacy welfare programs, have helped or hurt minorities in your opinion?

I'd also like your thoughts on if our current ugly situation in America could have anything to do w this Administration consistently appointing "the first xxx" (trans, bi, gay, black, woman, etc) to every fukking position of leadership, because in doing so, we clearly are not getting the brightest leaders, and it's proving more & more, that governance based on a birth (color, sex orientation last name) doesn't work...it's why we stopped endorsing the King, it's why Cromwell lead the revolution in England, etc.

Keep talking, we're learning about you.

 

[vitterd]

You gotta be joking right. You're quoting unemployment rate as a factor in economics? This isn't 1965 lol this is a gig economy. The true, the Workforce Participation Rate, is dropping to around 60%, an all time low. It was 66% pre covid, it was 63% 2020. Take an economics class.

The price of crude is global. It reflects the amount pumped daily with a futures hedge. Biden and the Democrats, who control both Houses of the Senate & the White House, ill remind you, and yet who you continue to apologize for, took the entire US futures hedge off the table, they then took efficiencies (pipeline) off the table and then barred any future Federal leases/ permits to drill while continuing to block any expansion of refining capacity.

Red States are trash? Then why is EVERYONE that can, moving to Carolinas, Florida, Texas, etc? You really are comparing the quality of life in NYC, PHI, CHI, SF, ETC to West Palm or Dallas or Charleston? You gotta be out of your fukking mind. NY / CA lost seats in the House people are moving out so fast.

You "love" of minorities is wonderful. Conservatives don't hate minorities, they just don't pander to them...we want everyone to earn a living, have freedom to work as they wish and keep that money. We don't want redistribution of tax dollars going to welfare, drug care, child care or a lifestyle of poor choices that government enables. I'd like to know if you feel that the Great Society programs, those legacy welfare programs, have helped or hurt minorities in your opinion?

I'd also like your thoughts on if our current ugly situation in America could have anything to do w this Administration consistently appointing "the first xxx" (trans, bi, gay, black, woman, etc) to every fukking position of leadership, because in doing so, we clearly are not getting the brightest leaders, and it's proving more & more, that governance based on a birth (color, sex orientation last name) doesn't work...it's why we stopped endorsing the King, it's why Cromwell lead the revolution in England, etc.

Keep talking, we're learning about you.

The brightest leaders?? Lmao. Did you see the last administration? Those guys were the biggest clowns in history.

The labor participation rate is only ever mentioned by republicans when Dems take office. Why is that?

You don’t think welfare had worked? You’re out of your depth again. I headed a program called welfare to work. It was getting people on welfare back into the workforce. They needed that money while training for a skill so they would be employable. So yes, programs like they work and are needed. There is fraud in waste in all programs. Just like corporate welfare. There is plenty of that.

I wasn’t comparing quality of life. I was telling you who the giver states are and who the taker states are. Taxes are higher in the giver states. People are moving to low rent places because they are taker states. They feed off the govt trough. Why do you think it’s less expensive to live there?

 

[MinnesotaFats]

Just to expand on my prior point, we have 10 million fewer jobs/ employed today than under Trump, and that's how Biden uses words to deceive.

Unemployment rate is merely those seeking full time work who cannot find it and still have UI eligibility.

Workforce participation rate is the true number of people getting paid to work any # of hours per Month.

It's an all time low...2 years ago it was the highest it had been since Eisenhower.




Biden claims to handed 7.9 million since Jan 6 2021, that'd still be net job loss since Covid, that does not include the 1.375m layoffs since he took office (remember- Tesla, Twitter, Google, Microsoft, Ford all laying off people!!!)

 

[MinnesotaFats]

The brightest leaders?? Lmao. Did you see the last administration? Those guys were the biggest clowns in history.

The labor participation rate is only ever mentioned by republicans when Dems take office. Why is that?

You don’t think welfare had worked? You’re out of your depth again. I headed a program called welfare to work. It was getting people on welfare back into the workforce. They needed that money while training for a skill so they would be employable. So yes, programs like they work and are needed. There is fraud in waste in all programs. Just like corporate welfare. There is plenty of that.

I wasn’t comparing quality of life. I was telling you who the giver states are and who the taker states are. Taxes are higher in the giver states. People are moving to low rent places because they are taker states. They feed off the govt trough. Why do you think it’s less expensive to live there?

Taxes for what exactly? Federal programs? Ya the North, because air conditioning is a recent development, has historically had a higher population for generations.

That'll change over the next decade. Florida, TX will be larger than NY.

Cali, despite losing people, is still too big to off set.

And yes, UR is an obsolete measure in a world where 9-5 is dead and people make 75k driving Ubers part time or professional gambling / influencer I'd a job.

I'd go out on a limb and say what Donald Trump had in his 1st Cabinet might have been the greatest collection of minds since Nixons 2nd term or JFKs administration. You'd be hard pressed to find a flaw in any of their domestic or foreign policies, outlines, dialogs or attempts at new policy w foreign leaders. You will never find a flaw in his domestic policy, you might despise the man, but Trumps domestic policy was a winner for EVERY American.

The welfare programs have enabled cyclical poverty, lack of enthusiasm for education, single motherhood has exploded and the gap between white kids/ black kids in school is unlovable at this point. I see it at my shops, this generation of urban youth is fukking list for good. No sound, no drive, no desire, no talent...just a collection of zombies looking for the path of least resistance and a bag of dope.

It's sad.