I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 41 of 84
Oil companies post massive profits as consumers feel squeeze from high gas prices
ExxonMobil pulled in nearly $20 billion in profit. Chevron took in more than $11 billion, Shell $9.5 billion, BP over eight billion. And, today, the world's largest oil company, Saudi Aramco, reported making $42 billion this quarter.
Joe Biden, President of the United States: Oil companies' record profits today are not because they're doing something new or innovative. Their profits are a windfall of war, the windfall from the brutal conflict that's ravaging Ukraine and hurting tens of millions of people around the globe.
https://www.pbs.org/newshour/show/oil-companies-post-massive-profits-a
s-consumers-feel-squeeze-from-high-gas-prices
Exxon Mobil Corp is $111.91 per share
up by 76.13% so far this year
https://www.google.com/finance/quote/XOM:NYSE?authuser=0&window=YT
D
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by second:
Oil companies post massive profits as consumers feel squeeze from high gas prices
ExxonMobil pulled in nearly $20 billion in profit. Chevron took in more than $11 billion, Shell $9.5 billion, BP over eight billion. And, today, the world's largest oil company, Saudi Aramco, reported making $42 billion this quarter.
Joe Biden, President of the United States: Oil companies' record profits today are not because they're doing something new or innovative. Their profits are a windfall of war, the windfall from the brutal conflict that's ravaging Ukraine and hurting tens of millions of people around the globe.
https://www.pbs.org/newshour/show/oil-companies-post-massive-profits-a
s-consumers-feel-squeeze-from-high-gas-prices
Exxon Mobil Corp is $111.91 per share
up by 76.13% so far this year
https://www.google.com/finance/quote/XOM:NYSE?authuser=0&window=YT
D
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
Just remember how Second spent the last two years blaming everyone but Democrats for the economy, going so far as to constantly say that the government and the President himself have no power over prices.
By this time next week he will blame Republicans for the economy for the next two years.
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Falsus in unum, falsus in omnibus
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I looked at my utility bill for last month. Had 2 different rates for Natural Gas.
Natural Gas cost was 0.52130 for 6 of the 30 days, and 1.14020 for 24 of the 30 days.
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Quote:
Originally posted by JEWELSTAITEFAN:
I looked at my utility bill for last month. Had 2 different rates for Natural Gas.
Natural Gas cost was 0.52130 for 6 of the 30 days, and 1.14020 for 24 of the 30 days.
That's actually typical of the natural gas bills. Not the insane prices, but splitting them up based off of how many days into the month your billing cycle is. I assume it's because of monthly contracts. Bills in Indiana and Illinois are split like this too.
You're doing better than my old man in Illinois is. He was 62 cents in September and $1.31 in October.
Here in Indiana I was 24 cents in September and 56 cents in October.
Yeah... I'm much lower than both of you, but 56 cents is FAR more than I've ever paid before and it's only supposed to go up for everyone.
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Falsus in unum, falsus in omnibus
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MarketWatch: Household wealth down by $13.5 trillion in 2022, second-worst destruction on record
https://www.marketwatch.com/story/household-wealth-down-by-13-5-trilli
on-in-2022-second-worst-destruction-on-record-11670623787
Archive link to get around paywall: https://archive.vn/UN5nh
Heh... I didn't even notice that gas prices have dropped to around $3.00 per gallon by me until I was out with my friend yesterday. I haven't had my car since October. That'll be nice when I get it back.
Just noticed in the recent weekly flier that the price of lumber finally came down too. It's still not a good price, but $3.48 for a 2x4 stud is a lot better than the $7.50 it was costing last spring/summer, and way better than the $10 or $12 it cost the summer before that. Normally I would buy some to get a little stock built up with the price drop, but this time I don't think it will be going back up because with house prices crashing I doubt all the lumber on hand is going to be used all that much and the prices should drop further.
Besides a few killer sales on tools and small tech items for my collection during Black Friday weekend, the only thing I bought since October was a 4'x4' panel of hard board yesterday. And that panel cost $4 less than it did 2 weeks ago when I last looked at it.
Hopefully for Americans, at least the price of food will start dropping back down to reasonable levels along with the gas and lumber prices. I'm so stocked up on food that I could go another year to buy any more myself, but if I see a dip I'll stock up on more.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Inflation dropped like a stone in November
https://jabberwocking.com/inflation-dropped-like-a-stone-in-november/
The core inflation figure you'll see in headlines is 6.0%. The core inflation figure if you measure monthly instead of yearly is 2.4%. The core inflation figure if you use better rent figures is -1.2%. Take your pick.
https://jabberwocking.com/whats-up-with-rent-inflation/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Ain't shit that dropped, retard.
It just stopped climbing at a record pace.
Everything is still FAR more expensive than it was under 4 years of Trump.
The only reason that lumber prices dropped (and still higher than they were 2 years ago by 30%) is because the FED had to come in and raise the rates every month to the point where everybody's going to lose tons of equity on their homes (on top of all the money they've lost to inflation and lost in the stock market already) and the home builders aren't building shit when they can't turn a profit since the bank interest will be taking all of those profits.
Democrats poison everything they touch.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:My grandfather explained inflation to me. Long ago, I went shopping at the local lumberyard with him. "These use to be a nickel. Now they are fifty cents," he said. Today, when I go to a lumberyard, what use to be fifty cents is now approaching five dollars. My grandpa was wise when he said that I could get rich if I owned a forest and a sawmill because I could keep raising prices on something as simple as pinewood. People would just have to pay the price or do without. That is how inflation works, 6ix. Lumber prices go up and down, but those who want to be rich will, using only commonsense, keep pushing their prices upward whenever they can. It's funny how the middle class never seems to understand that prices are controlled by the rich who got there by NOT willingly lowering prices, except on special occasions. 6ix, your talk about prices and politics and interest rates set by the Fed is nothing compared to the real forces that raise prices.
Originally posted by 6IXSTRINGJACK:
Ain't shit that dropped, retard.
It just stopped climbing at a record pace.
Everything is still FAR more expensive than it was under 4 years of Trump.
The only reason that lumber prices dropped (and still higher than they were 2 years ago by 30%) is because the FED had to come in and raise the rates every month to the point where everybody's going to lose tons of equity on their homes (on top of all the money they've lost to inflation and lost in the stock market already) and the home builders aren't building shit when they can't turn a profit since the bank interest will be taking all of those profits.
Democrats poison everything they touch.
U.S. Inflation Calculator
Calculate how the buying power of the U.S. dollar has changed over time.
https://www.usinflationcalculator.com/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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I don't debate inflation with a moron.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:Are you one of those guys who thinks that working in a sawmill or hauling logs for LP https://lpcorp.com/ or stacking wood at Home Depot is the way to remain in the middle class? It is not because those industries are either hiring fewer people as the machinery gets better or they simply cut the pay of their employees by keeping the pay the same. Inflation does the actual cutting without the boss telling you that pay will decrease by 7% this year. That is the beautiful part about inflation if you an employer rather than an employee.
Originally posted by 6IXSTRINGJACK:
I don't debate inflation with a moron.
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Growing up in a Republic was nice... Shame we couldn't keep it.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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