Biden set the stage for an excuse to shift blame for the recent gas price increase

[MikeDamone]

Prices have been going up for a couple of weeks. The “prices have fallen for 90 days” narrative is dead. Biden gave the oil companies a stern warning today that they better not “gouge” Americans because of the hurricane. Prices will continue to go up as they have been. Biden then tries to ride the “oil companies gouging because the hurricane” excuse all the way to the midterms. Cook it.

 

[46XiJCAB]

So the Putin price hike is officially dead?

 

[CuntWaffle]

 

[MikeDamone]

https://youtu.be/y1ec6YRIoaA

Not enough whisper voice IMO

 

[MikeDamone]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

 

[46XiJCAB]

https://youtu.be/y1ec6YRIoaA

Simple message from a simple mind.

"Do it now."

FTG

 

[SFGbob]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

 

[BleachedAnusDawg]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

 

[PurpleThrobber]

The old narrative is locked up at Gitmo. The new narrative is a clone.

 

[Bob_C]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Gas stations generally price their gas according to what they think the next shipment is going to be priced at, not what the last shipment received was.

 

[MikeDamone]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Tell me you don't understand how commodities are prices with out telling me you don't understand how commodities are priced.

 

[WestlinnDuck]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Once again, to maintain their necessary rate of return, the price of gas has to reflect the replacement cost. If I buy gas at $4 a gallon to sell at $4.40 a gallon, I'd get a $.40 profit and the $4 to buy the next gallon. If my replacement cost goes to $5 a gallon, then I need to sell my $4 a gallon of gas at $5.50 to get my 10% profit and have $5 to buy the next gallon. Now, I would show a $1.50 profit, but I need that profit to buy the next gallon. My actual retained cash flow is only the $.50. Plus, the price of $5.50 is the market clearing price, so if you go to the pump you can actually get your gallon of gas. Demanding price controls always results in shortages.

This is stuff that every high school senior should know about, let alone democrat politicians and every MSM alleged reporter.

 

[Bob_C]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Once again, to maintain their necessary rate of return, the price of gas has to reflect the replacement cost. If I buy gas at $4 a gallon to sell at $4.40 a gallon, I'd get a $.40 profit and the $4 to buy the next gallon. If my replacement cost goes to $5 a gallon, then I need to sell my $4 a gallon of gas at $5.50 to get my 10% profit and have $5 to buy the next gallon. Now, I would show a $1.50 profit, but I need that profit to buy the next gallon. My actual retained cash flow is only the $.50. Plus, the price of $5.50 is the market clearing price, so if you go to the pump you can actually get your gallon of gas. Demanding price controls always results in shortages.

This is stuff that every high school senior should know about, let alone democrat politicians and every MSM alleged reporter.

Correct, they are operating according to cash flows and not p&l. As they should. These guys aren't carrying around piles of liquid cash, it's all tied up in inventory.

 

[Pitchfork51]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Once again, to maintain their necessary rate of return, the price of gas has to reflect the replacement cost. If I buy gas at $4 a gallon to sell at $4.40 a gallon, I'd get a $.40 profit and the $4 to buy the next gallon. If my replacement cost goes to $5 a gallon, then I need to sell my $4 a gallon of gas at $5.50 to get my 10% profit and have $5 to buy the next gallon. Now, I would show a $1.50 profit, but I need that profit to buy the next gallon. My actual retained cash flow is only the $.50. Plus, the price of $5.50 is the market clearing price, so if you go to the pump you can actually get your gallon of gas. Demanding price controls always results in shortages.

This is stuff that every high school senior should know about, let alone democrat politicians and every MSM alleged reporter.

Dont forget 10 percent for the big guy

 

[PurpleThrobber]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Once again, to maintain their necessary rate of return, the price of gas has to reflect the replacement cost. If I buy gas at $4 a gallon to sell at $4.40 a gallon, I'd get a $.40 profit and the $4 to buy the next gallon. If my replacement cost goes to $5 a gallon, then I need to sell my $4 a gallon of gas at $5.50 to get my 10% profit and have $5 to buy the next gallon. Now, I would show a $1.50 profit, but I need that profit to buy the next gallon. My actual retained cash flow is only the $.50. Plus, the price of $5.50 is the market clearing price, so if you go to the pump you can actually get your gallon of gas. Demanding price controls always results in shortages.

This is stuff that every high school senior should know about, let alone democrat politicians and every MSM alleged reporter.

Dont forget 10 percent for the big guy

The first 10 percent for the big guy is implied.

 

[Bob_C]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Once again, to maintain their necessary rate of return, the price of gas has to reflect the replacement cost. If I buy gas at $4 a gallon to sell at $4.40 a gallon, I'd get a $.40 profit and the $4 to buy the next gallon. If my replacement cost goes to $5 a gallon, then I need to sell my $4 a gallon of gas at $5.50 to get my 10% profit and have $5 to buy the next gallon. Now, I would show a $1.50 profit, but I need that profit to buy the next gallon. My actual retained cash flow is only the $.50. Plus, the price of $5.50 is the market clearing price, so if you go to the pump you can actually get your gallon of gas. Demanding price controls always results in shortages.

This is stuff that every high school senior should know about, let alone democrat politicians and every MSM alleged reporter.

Dont forget 10 percent for the big guy

The first 10 percent for the big guy is implied.

Does he get the 10% off the consumer price or the 10% off at every supply chain stage like a VAT tax? Or both?

 

[46XiJCAB]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Hurtful.

If you're a Duck dropout.

 

[46XiJCAB]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Once again, to maintain their necessary rate of return, the price of gas has to reflect the replacement cost. If I buy gas at $4 a gallon to sell at $4.40 a gallon, I'd get a $.40 profit and the $4 to buy the next gallon. If my replacement cost goes to $5 a gallon, then I need to sell my $4 a gallon of gas at $5.50 to get my 10% profit and have $5 to buy the next gallon. Now, I would show a $1.50 profit, but I need that profit to buy the next gallon. My actual retained cash flow is only the $.50. Plus, the price of $5.50 is the market clearing price, so if you go to the pump you can actually get your gallon of gas. Demanding price controls always results in shortages.

This is stuff that every high school senior should know about, let alone democrat politicians and every MSM alleged reporter.

Could you send this to the Simpleton in the WH.

Do it now.

Do it now.

 

[WestlinnDuck]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

Once again, to maintain their necessary rate of return, the price of gas has to reflect the replacement cost. If I buy gas at $4 a gallon to sell at $4.40 a gallon, I'd get a $.40 profit and the $4 to buy the next gallon. If my replacement cost goes to $5 a gallon, then I need to sell my $4 a gallon of gas at $5.50 to get my 10% profit and have $5 to buy the next gallon. Now, I would show a $1.50 profit, but I need that profit to buy the next gallon. My actual retained cash flow is only the $.50. Plus, the price of $5.50 is the market clearing price, so if you go to the pump you can actually get your gallon of gas. Demanding price controls always results in shortages.

This is stuff that every high school senior should know about, let alone democrat politicians and every MSM alleged reporter.

Could you send this to the Simpleton in the WH.

Do it now.

Do it now.

It's just not the dementia patient. It is every dem, every one that votes for a dem, and almost every teacher and most of the PMS housewives.

 

[DerekJohnson]

So the Putin price hike is officially dead?

Ian price hike is warming up in the bull pen

Just paid nearly $6.00 a gallon for regular. It's been rising steeply the last two weeks here in California. Good thing we've depleted our reserve

Gas went up $.90 in less than two weeks.

One thing that does piss me off about the gas stations is that they're pricing existing inventory at post-hurricane rates. The stuff bought last week didn't magically become $.50 more per gallon while it sat in the ground waiting to be pumped by a dropout Duck fan.

It does when perceived demand increases