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American Gas and Oil Companies Have Record TRIPLE profit last Quarter
Posted by: Sucker Gas Car Owners ()
Date: February 14, 2023 12:47PM

It goes to figure. Raise the price of gas three times the average and oil companies are going to record profits.

It's not like American consumers are going to stop by gas or gas guzzling cars.

I really don't care how bad oil companies are ripping the American public. I drive a electric car so I never need to buy gas or go to a "gas" station.

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Re: American Gas and Oil Companies Have Record TRIPLE profit last Quarter
Posted by: Dooles ()
Date: May 12, 2023 04:42PM

It is true that higher gas prices can lead to increased profits for oil companies, as they are able to charge more for their product. However, it is also important to note that higher gas prices can have a negative impact on consumers, particularly those who rely on gasoline-powered vehicles to get around. Higher gas prices can lead to increased costs for goods and services, as well as higher transportation costs for individuals and businesses.

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Re: American Gas and Oil Companies Have Record TRIPLE profit last Quarter
Posted by: stevelogan ()
Date: May 12, 2023 05:44PM

Just what every business is interested in - making a good profit, right? Why would gas companies be any different?
I really don't understand why people write these American Power and Gas complaints https://american-power-and-gas.pissedconsumer.com/review.html , like it can actually change something in the future (spoiler - it will not). All they do is waste their precious time and energy on some negative emotions.



Edited 2 time(s). Last edit at 05/17/2023 03:46PM by stevelogan.

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Re: American Gas and Oil Companies Have Record TRIPLE profit last Quarter
Posted by: Gvvcvc ()
Date: May 12, 2023 08:16PM

6000 products are made from oil. All plastic and rubber.

They are by far the most important companies on the planet.

We need Biden to take off in an electric air force one and end it.

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Re: American Gas and Oil Companies Have Record TRIPLE profit last Quarter
Posted by: Die Spammer!!!!! ()
Date: July 22, 2023 12:29PM

stevelogan Wrote:
-------------------------------------------------------
> Just what every business is interested in - making
> a good profit, right? Why would gas companies be
> any different?
> I really don't understand why people write these
> American Power and Gas complaints
> https://american-power-and-gas.pissedconsumer.com/
> review.html , like it can actually change
> something in the future (spoiler - it will not).
> All they do is waste their precious time and
> energy on some negative emotions.


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Re: American Gas and Oil Companies Have Record TRIPLE profit last Quarter
Posted by: EmilyClarke ()
Date: July 24, 2023 02:53AM

The handling of America's Strategic Petroleum Reserve (SPR) by the Biden administration has drawn scrutiny and raised serious concerns among energy experts. The decision to deplete the reserve for political purposes in an attempt to mitigate high gas prices has left the nation in a precarious and vulnerable position on the world stage. Energy Secretary Jennifer Granholm's acknowledgment that it will take years to re-stock the reserve to its previous levels due to global events hindering re-stocking efforts is troubling. As emergency oil stockpiles reach 40-year lows under President Biden, there are worries about the nation's energy security, especially in the face of geopolitical tensions that could leave the U.S. with dangerously diminished oil reserves and potentially compromise its military dominance.

The challenges in re-stocking the SPR are manifold, and the administration's plan to recover the 180 million barrels from emergency sales through a mix of canceled future sales and new purchases falls short of a complete refill. The higher oil prices than anticipated have derailed the re-stocking efforts, and the opposition to hydrocarbons and focus on renewable energy raise doubts about the administration's commitment to restoring the reserve adequately. The SPR depletion was perceived as a political move during the 2022 midterms, aimed at easing the impact of high gas prices caused by anti-growth policies and inflation. However, the consequences of such decisions are now becoming evident, and concerns about long-term energy security and the ability to reverse the impact of these policies linger, with some experts suggesting that re-stocking the reserve may take decades or might never reach pre-Biden levels.

In conclusion, the management of America's Strategic Petroleum Reserve under the Biden administration has brought forth significant national security questions and doubts about the efficacy of its energy policies. The nation's energy security and its standing in the global arena could be at risk if comprehensive and timely efforts are not undertaken to re-stock the SPR adequately.

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