OPEC Reduction OPEC Reduction - Page 6 - Talk of The Villages Florida

OPEC Reduction

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  #76  
Old 10-07-2022, 09:09 AM
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Originally Posted by Vermilion Villager View Post
It may be an interesting read but where does it indicate most of USA oil is owned by foreign entities?
  #77  
Old 10-07-2022, 09:11 AM
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Originally Posted by tvbound View Post
"many people are saying"


Whether it applies in this particular case or not, it never ceases to amaze me how effective overall that statement has been...when certain people use it on their blind followers. Truly astounding - actually.
Try following the news… people say. It’s truly astounding.
  #78  
Old 10-07-2022, 09:13 AM
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Thank you for providing that for the doubters before I could get back!
  #79  
Old 10-07-2022, 09:43 AM
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Originally Posted by Stu from NYC View Post
Guess we establish a Florida address and register it there
Most states will require you to register your car when you move to that state...
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  #80  
Old 10-07-2022, 09:44 AM
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Originally Posted by Vermilion Villager View Post
1. It has an immediate impact of driving down prices for gasoline
2. The US doesn't give away the soil you know… They sell it on the open market at current prices. Then at a later date.....when the prices go down they will replenish the reserves at the lower value. The US government made 100's of millions of dollars off of this sale.
No, they blocked the replenishment just a few years ago, when prices were quite low... Wonder why...
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  #81  
Old 10-07-2022, 03:57 PM
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Quote:
Originally Posted by Caymus View Post
Coal output hit a record output last year. Somebody is using it.
It is being shipped overseas, and China is one of the biggest customers.
  #82  
Old 10-07-2022, 04:17 PM
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No, they blocked the replenishment just a few years ago, when prices were quite low... Wonder why...
Maybe the left hand has no clue what the right hand is doing and missed the class in basic economics
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