Gasoline pump prices

[risingsun]

https://www.wdayradionow.com/news/l...t-oversight-at-north-dakota-development-fund/

 

[Pheasant 54]

The above is just the tip of the iceberg . The audit revealed millions that are basically going to be uncollectable as they were super high risk with little or no collateral . Plus now there are facets of the audit they are trying to keep under wraps

 

[Wirehair]

Somewhat off topic, but I have become an advocate of defunding the entire ND Commerce department. It has become nothing short of a money laundering scheme. Have had many conversations with local legislators regarding some of the 'grants' that the commerce department has given out (millions of $$). The legislators do not defend the corp welfare, but deflect in stating they have little control or oversight once the funding takes place. Then the legislature increases funding during the following legislative session.

 

[lunkerslayer]

 

[Rowdie]

 

[Kurtr]

Inflation over the time Biden was president was 20/% give or take a percentage point probably could as it’s went up more. So let’s math his out.

Gas 3.88x 20%=0.776 +3.88= 4.65

Diesel 4.59x 20%=0.918 + 4.58=5.51

So gas is about where inflation is putting it but diesel is up but the stupid govt regulations and regulations on diesel add to those costs.

I don’t care who’s in office these prices suck any which way any one wants to spin it. I mother fucked Biden as much as anyone.

Our diesel bills could pay a couple people’s wages for a year what we are paying a couple weeks.

 

[SDMF]

Before I took a few minutes to think about things as a whole rather than just the $$$ for a barrel of oil, I used to be firmly in the camp of prices being kept artificially high at times. Price/barrel is an easy number to find with pretty detailed history at your fingertips. The cost to get that barrel of oil out of the ground is baked into the price/barrel, why doesn't the cost of gas or fuel directly correlate?

What I hadn't thought about was the costs once that barrel is out of the ground. That barrel of oil is going to be shipped 2x. Once to be refined, then back onto a truck or into a pipeline as refined product. Increased wages once the barrel is out of the ground, increased ground and rail shipping costs for certain. I have no frame of reference for how pipeline shipping rates have changed or stayed static but obviously there's an associated cost there as well. I don't like the current high pump prices either. That said, I'm not going to shake my fist at the passing clouds because the cost of a barrel today doesn't = correlated historical gas/fuel/refined product prices.

 

[shorthairsrus]

Bottom line is inflation on Groceries and Housing is worse vs Gas/ Diesel prices. Yet you can walk in the Aldi in europe and they have managed to keep prices down vs fargone and the rest of the us. Everybody bends over and pays. The worst is when you hear that old saying "the cost of living in fargone is cheaper then everywhere". Where is everwhere.


Dont get me started on a 30 rack of busch light. What is supporting this??.

Old money and prospecting money keep blowing up the bubble.