Oil is traded on the futures market so most of it is bought several months in advance. The price of oil was ramping up well before US sanctions were introduced, but not before the build up of Russian troops on the Ukraine border.
To be honest the price of oil is effected by many different things that are probably too complex for any of us mere mortals on here to understand. The OPEC nations have a large say in it as well. Go back to 2008 when oil prices hit nearly $170 and then suddenly dropped to below $50. Some say it was market manipulation by OPEC (supply & demand) others say differently. The price of oil between 2007 - 2014 probably averaged around $120 a barrel.
Still blaming Biden, huh ? Let me educate you again - neither Biden nor Trump or any other US President from either party for that matter, has anything to do with Russia invading Ukraine or the price of gas in The Bahamas. But go ahead and keep believing what you think (or would like to think), and keep posting Biden's name as the cause of everything that happens in The Bahamas.
Wait, Russia has democratic elections ? Hmmmm!!!!!!
Also, Russia certainly has a history of invading countries. Maybe not as frequently as the USA, but the annexation of Crimea certainly counts in my book, and lets not forget Afghanistan in the 70's.
They need someone to knock it down, and open the road back up. No one in this day and age will build a hotel in the middle of the island. Those days are long gone.
*it can range from anywhere to 15% - 30% for most people*.
I would say that is an underestimate. With both Federal & State tax and then Social Security it is more like 30-45%. Yes, some states don't have state tax, but they get their chunk of change from you by other means.
Bobsyeruncle says...
Oil is traded on the futures market so most of it is bought several months in advance. The price of oil was ramping up well before US sanctions were introduced, but not before the build up of Russian troops on the Ukraine border.
To be honest the price of oil is effected by many different things that are probably too complex for any of us mere mortals on here to understand. The OPEC nations have a large say in it as well. Go back to 2008 when oil prices hit nearly $170 and then suddenly dropped to below $50. Some say it was market manipulation by OPEC (supply & demand) others say differently. The price of oil between 2007 - 2014 probably averaged around $120 a barrel.
On HERE WE GO - GAS PRICE ROCKETS IN JUST WEEKS: Sears concedes Govt is concerned and special measures will be needed
Posted 4 March 2022, 5:50 p.m. Suggest removal
Bobsyeruncle says...
Still blaming Biden, huh ? Let me educate you again - neither Biden nor Trump or any other US President from either party for that matter, has anything to do with Russia invading Ukraine or the price of gas in The Bahamas. But go ahead and keep believing what you think (or would like to think), and keep posting Biden's name as the cause of everything that happens in The Bahamas.
On HERE WE GO - GAS PRICE ROCKETS IN JUST WEEKS: Sears concedes Govt is concerned and special measures will be needed
Posted 3 March 2022, 4:39 p.m. Suggest removal
Bobsyeruncle says...
So it's Biden's fault and not Putin's? Why don't you grow some cajones and stop making this all about Biden, or did he make you impotent too ?
On ‘We stand with Ukraine – it will affect us too’
Posted 1 March 2022, 10:08 p.m. Suggest removal
Bobsyeruncle says...
Lol. The Epoch Times ? I assume you know the history/origin/ownership of it ?
On Warning over fake vaccine cards
Posted 1 March 2022, 5:21 p.m. Suggest removal
Bobsyeruncle says...
Wait, Russia has democratic elections ? Hmmmm!!!!!!
Also, Russia certainly has a history of invading countries. Maybe not as frequently as the USA, but the annexation of Crimea certainly counts in my book, and lets not forget Afghanistan in the 70's.
On PETER YOUNG: Why not more carrot less stick over Ukraine?
Posted 16 February 2022, 4:52 p.m. Suggest removal
Bobsyeruncle says...
You think there could have been more than one hit & run on Prospect
Ridge ?
On Pedestrian dies in hit and run crash
Posted 15 February 2022, 5:15 p.m. Suggest removal
Bobsyeruncle says...
They need someone to knock it down, and open the road back up. No one in this day and age will build a hotel in the middle of the island. Those days are long gone.
On MARINA SALE A HUGE BOOST FOR FREEPORT: US developer buys Port Lucaya for 200 condo/hotel project
Posted 15 February 2022, 5:12 p.m. Suggest removal
Bobsyeruncle says...
*it can range from anywhere to 15% - 30% for most people*.
I would say that is an underestimate. With both Federal & State tax and then Social Security it is more like 30-45%. Yes, some states don't have state tax, but they get their chunk of change from you by other means.
On ALICIA WALLACE: Why are we so reluctant to talk about salaries?
Posted 10 February 2022, 6:30 p.m. Suggest removal
Bobsyeruncle says...
I can assure you it wasn't anything as nice as that. Something to do with your conception.
On LUCKY TO SURVIVE: Neighbours save woman from horrific ten minute attack from four Pit Bulls
Posted 2 February 2022, 9:01 p.m. Suggest removal
Bobsyeruncle says...
Lol. Both your initial post, and my riposte were removed by the censors. I guess they didn't like what I called you.
On LUCKY TO SURVIVE: Neighbours save woman from horrific ten minute attack from four Pit Bulls
Posted 2 February 2022, 1:59 p.m. Suggest removal