Gas prices are tanking!
- Thread starter Sooner-Be-Dead
- Start date
That would be nice. It’s not up to me to pick but I can give an opinion. Biden gets the blame when prices go up and no credit when they go down. You point out the hypocrisy on one side.
My view is that the president doesn’t control the price of gas and that Biden didn’t trigger gas price increases.
Where did my post call out any side. Everyone should pick one and stick with it. I also agree that the president doesn't control the price of gas.
Gas is $3.49 for regular 87 octane all over Central Florida today.
The Gas Buddy app probably makes it easy for gas stations to collude on price.
The Gas Buddy app probably makes it easy for gas stations to collude on price.
I had an uncle who'd drive 20 miles away to a tiny town to save 10 cents per gallon. By the time he drove round-trip and spent an hour of his time he had to have lost on the endeavor. But... he could tell everyone where he'd go to get gas a little cheaper.
Those of you who really worry about gas prices... does the $3.00 +/- per tank really impact you when prices fluctuate?
Those of you who really worry about gas prices... does the $3.00 +/- per tank really impact you when prices fluctuate?
I got gas Monday afternoon for $3.13. Today it’s $3.49.
What the heck is going on?
What the heck is going on?
Yep…but that oruce2 difference was explained here a couple of weeks ago…”special blends” of fuel because of smog/pollution in The Valley is the official reason. South Phx area gas was $3.59 when we were there but lots of places in the north Valley gas was $3.39..
I suspect it’s pricing in the conversion process of going from winter blends to summer blends which can affect supply in the short term. Wholesale gasoline prices are exactly the same as they were a month ago at $2.55 a gallon.
Wholesale gas prices on 6 Feb (a month ago) were $2.22. At $2.55 today, 14.8% jump in a month.
https://markets.businessinsider.com/commodities/rbob-gasoline?op=1
And a week later on February 13th they were $2.62, so the price has actually come down since then.
Wrong again. On Feb 13 the wholesale price was at $2.39. Read the chart.
https://markets.businessinsider.com/commodities/rbob-gasoline?op=1
Oh the president matters again
Demand goes up when the economy is strong.
Just like the period from 2009-2017.
Just like the period from 2009-2017.
Those two things do seem to be tethered together in recent history to be fair.
So wait a minute. Are we now saying Biden is responsible for the price of gas?
@DooBi can we just pick one?
Might be...I paid $2.84 yesterday at Costco, but stations/stores are advertising at $2.99 as of Wednesday 2/6 here...
Spring break...
America is producing more product than it ever has...
Gas prices go up and gas prices go down....
National average March 2018: $2.61
National average march 2024: $3.40
Spring break is the reason?? I picked the higher of Trump's pre-covid year figures btw. I could make that increase look even worse.
Because jo's energy policy has WTI back to $80/barrel. It's that simple....even a dummy like you should be able to understand...but you keep buying that watered down slop at Costco they use as a loss leader and you subsidize with your membership! lol
Bad energy policy is certainly part of it but the worst of it is that inflation is also represented in that new figure. The devalued dollar thanks to endless spending is also part of the reason that very few want to admit. Trump isnpartially responsiblenfor that too, but nowhere near as much as biden given his fiscal policies.
Bad energy policy? What specifically? Bad energy policy...because the US is producing more product than it ever has before...is that bad energy policy? Maybe it’s because Saudis and Arabs have cut their production migh be part of the reason....and there are others, too...
International relations with the Saudis are part of our energy policy. They do not want to work with Joe biden even.
Are you a child? jo's energy policy makes every facet of producing a barrel/gallon of gasoline expensive. That includes everything from exploration to transport of the finished product. The fact that our SPR sits at a 50 year high while we are on the brink of armed conflict also contributes. Demand is picking up as we head into summer driving season and we'll see $4/gal by Memorial Day. I know you're either really dumb or in complete denial--possibly both--but I'm not going to spoon feed you further on these SIMPLE facts!
And you know this, how? Seems both nations have a lot of common interests as well as a few concerns. Honestly, I am comfortable not “working with” the Saudis. But, like bankers, they are necessary evils to be tolerated and accommodated to a point. I would or could never “trust them”...
Gas was cheaper on Obama's last day in office vs Trump's last day. Gas also hit a lower price under Obama.
They'll openly tell you all this. Look at how they even interact with biden. They know you (and joe) feel the way you do btw. It's one of the reasons they don't like working with democrats in general.
Saudi Aramco was my biggest customer for years. We did hundreds of millions of dollars of business with them in that time. I've had more interaction with this sector and the region in general than most.
WTF? 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤡
