"Where Most Homeowners Are Considered Equity-Rich"

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Nero
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Re: "Where Most Homeowners Are Considered Equity-Rich"

Unread post by Nero »

Gamle-ged wrote: August 5th, 2022, 8:45 pm Here in Florida, the only debt I have is credit card debt. And each month I eliminate that debt. But during the next month I build up credit card debt once again, then eliminate it again. I feel I'm in this hopeless spiral... :lol:
Me too, in California.
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oflguy
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Re: "Where Most Homeowners Are Considered Equity-Rich"

Unread post by oflguy »

Nero wrote: August 5th, 2022, 8:57 pm Done. "Gas prices are falling. So is interest in electric cars"
https://www.cnn.com/2022/08/05/business ... index.html

"U.S. Oil Production Hits New 2022 Peak, but More Runway Ahead for Growth"
https://www.naturalgasintel.com/u-s-oil ... or-growth/

"U.S. Oil Production Reached Pre-Pandemic Levels"
https://www.spragueenergy.com/newsroom/ ... mic-levels
Silly Boi, you think those fake news stories (CNN, your joking, right?) Trump the 40 links I posted previously. You remember, the ones you were too cowardly to read and watch?

You are forgetting (or ignoring) that gains in production are coming from private leases, which are more expensive to produce, since Puddin shut down leasing on public lands and doubled down on over-regulations.
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Re: "Where Most Homeowners Are Considered Equity-Rich"

Unread post by Nero »

oflguy wrote: August 5th, 2022, 9:56 pm Silly Boi, you think those fake news stories (CNN, your joking, right?) Trump the 40 links I posted previously. You remember, the ones you were too cowardly to read and watch?

You are forgetting (or ignoring) that gains in production are coming from private leases, which are more expensive to produce, since Puddin shut down leasing on public lands and doubled down on over-regulations.
Like most Americans, I'm just happy that gas prices are falling. That can't happen if there's a shortage of oil production.
I think you might have missed that I linked to oil industry publications.

"Gas prices have dropped for 7 straight weeks"
"The average price for a gallon of gas dropped to $4.14 a gallon on Thursday, with prices falling 8 cents a gallon since Monday alone, according to AAA. The decline marks a significant retreat from the all-time record of $5.02 a gallon, which was reached on June 14."
https://www.cbsnews.com › news
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oflguy
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Re: "Where Most Homeowners Are Considered Equity-Rich"

Unread post by oflguy »

Nero wrote: August 5th, 2022, 10:23 pm Like most Americans, I'm just happy that gas prices are falling. That can't happen if there's a shortage of oil production.
I think you might have missed that I linked to oil industry publications.

"Gas prices have dropped for 7 straight weeks"
"The average price for a gallon of gas dropped to $4.14 a gallon on Thursday, with prices falling 8 cents a gallon since Monday alone, according to AAA. The decline marks a significant retreat from the all-time record of $5.02 a gallon, which was reached on June 14."
https://www.cbsnews.com › news
How much oil do you suppose we have left in our emergency reserves?
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Re: "Where Most Homeowners Are Considered Equity-Rich"

Unread post by Nero »

oflguy wrote: August 5th, 2022, 10:26 pm How much oil do you suppose we have left in our emergency reserves?
We have as of July 29, 2022, 469.86 million barrels in reserve. The maximum amount is 714 million barrels.
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Re: "Where Most Homeowners Are Considered Equity-Rich"

Unread post by KarmaVarmint »

Nero wrote: August 5th, 2022, 10:31 pm We have as of July 29, 2022, 469.86 million barrels in reserve. The maximum amount is 714 million barrels.
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