GasBuddy again foresees $4.00/gal gas prices by Memorial Day weekend.

From the article: The gas-savings platform predicts prices will average 39-cents more per gallon compared to last year.

And the national average price could hit four dollars a gallon sometime before Memorial Day.

LET'S GO BRANDON!!

https://www.whbc.com/gas-buddy-predicts-...orial-day/

So, Californians will be paying over $5 per gallon this Summer. So many commute long distances out there so add another reason for folks who will want to leave. This isn't the Beach Boys era anymore...

An advisory has just been released for a Category 6 red tsunami for early November this year.

Lets go Brandon!!!

I bought a truck at the wrong time haha

(01-18-2022 01:30 PM)boss man Wrote:  GasBuddy again foresees $4.00/gal gas prices by Memorial Day weekend.

From the article: The gas-savings platform predicts prices will average 39-cents more per gallon compared to last year.

And the national average price could hit four dollars a gallon sometime before Memorial Day.

LET'S GO BRANDON!!

https://www.whbc.com/gas-buddy-predicts-...orial-day/

Oh yeeaaah! This gonna help poor people so much! #DemoratsHatePoorPeople #DemoratsHateBlackPeople #DemoratsHatePeople

(01-18-2022 04:30 PM)GoodOwl Wrote:  

(01-18-2022 01:30 PM)boss man Wrote:  GasBuddy again foresees $4.00/gal gas prices by Memorial Day weekend.

From the article: The gas-savings platform predicts prices will average 39-cents more per gallon compared to last year.

And the national average price could hit four dollars a gallon sometime before Memorial Day.

LET'S GO BRANDON!!

https://www.whbc.com/gas-buddy-predicts-...orial-day/

Oh yeeaaah! This gonna help poor people so much! #DemoratsHatePoorPeople #DemoratsHateBlackPeople #DemoratsHatePeople

0 sympathy

Color me shocked.

Remember 81 millions people couldn't have been wrong. Bwahahaha, suckers. I know that not that many stupid people reside in the US...maybe it was the dead ones that have no "brams".

I can't wish anything good for Commiefornians and their ilk, they voted for THE SOB. LOL

Democrat talking points:

1) What's the big deal? It's only a few more bucks.
2) Just lower your standards.
3) It's Trump's fault.

(01-18-2022 09:59 PM)Bear Catlett Wrote:  Democrat talking points:

1) What's the big deal? It's only a few more bucks.
2) Just lower your standards.
3) It's Trump's fault.

You forgot 4), Bear Catlett!!!!

4) Go buy an electric car, but remember not to travel too far!!

(01-18-2022 04:30 PM)GoodOwl Wrote:  

(01-18-2022 01:30 PM)boss man Wrote:  GasBuddy again foresees $4.00/gal gas prices by Memorial Day weekend.

From the article: The gas-savings platform predicts prices will average 39-cents more per gallon compared to last year.

And the national average price could hit four dollars a gallon sometime before Memorial Day.

LET'S GO BRANDON!!

https://www.whbc.com/gas-buddy-predicts-...orial-day/

Oh yeeaaah! This gonna help poor people so much! #DemoratsHatePoorPeople #DemoratsHateBlackPeople #DemoratsHatePeople

Worse than hate they are apathetic. They just don't care until its time for a vote and then the sky is the limit although the day after the election they are forgotten about until its election time again. Cycle of INSANITY.

Tell me you don't understand how gas prices work without telling me you don't understand how gas prices work?

Oh look…the redwinglib guy is back to help clarify the liberal mindset…fantastic

(01-19-2022 08:03 AM)Redwingtom Wrote:  Tell me you don't understand how gas prices work without telling me you don't understand how gas prices work?

You cannot deny that Gas Prices have escalated over the last 12 months...

Since you seem to have the pulse on this and the rest of us do not.... Please share with us why this has occurred?

(01-19-2022 08:03 AM)Redwingtom Wrote:  Tell me you don't understand how gas prices work without telling me you don't understand how gas prices work?

Tell me you understand how markets work. For instance if the president issues EO's which will tighten the supply of petroleum then which way do petroleum prices go?

(01-19-2022 08:46 AM)bearcat65 Wrote:  

(01-19-2022 08:03 AM)Redwingtom Wrote:  Tell me you don't understand how gas prices work without telling me you don't understand how gas prices work?

Tell me you understand how markets work. For instance if the president issues EO's which will tighten the supply of petroleum then which way do petroleum prices go?

Yeah, normally I agree the POTUS doesn't have much impact on gas prices. However, that all changes with EOs are introduced into the equation. Stopping new oil and natural gas leases on public lands or in offshore waters, along with stopping the new pipeline hurts impedes domestic production/supply. Adding in OPECs desire to not raise production, and our run away domestic inflation, it's no wonder gas prices are rising. For some reason, this admin thought taking from the strategic oil reserve would cover up it's errors. It may for a brief time, but given the predictions, that act is a failure as well.

(01-19-2022 09:30 AM)VA49er Wrote:  

(01-19-2022 08:46 AM)bearcat65 Wrote:  

(01-19-2022 08:03 AM)Redwingtom Wrote:  Tell me you don't understand how gas prices work without telling me you don't understand how gas prices work?

Tell me you understand how markets work. For instance if the president issues EO's which will tighten the supply of petroleum then which way do petroleum prices go?

Yeah, normally I agree the POTUS doesn't have much impact on gas prices. However, that all changes with EOs are introduced into the equation. Stopping new oil and natural gas leases on public lands or in offshore waters, along with stopping the new pipeline hurts impedes domestic production/supply. Adding in OPECs desire to not raise production, and our run away domestic inflation, it's no wonder gas prices are rising. For some reason, this admin thought taking from the strategic oil reserve would cover up it's errors. It may for a brief time, but given the predictions, that act is a failure as well.

You must have blinked, because you missed that brief second it helped.

(01-19-2022 09:30 AM)VA49er Wrote:  

(01-19-2022 08:46 AM)bearcat65 Wrote:  

(01-19-2022 08:03 AM)Redwingtom Wrote:  Tell me you don't understand how gas prices work without telling me you don't understand how gas prices work?

Tell me you understand how markets work. For instance if the president issues EO's which will tighten the supply of petroleum then which way do petroleum prices go?

Yeah, normally I agree the POTUS doesn't have much impact on gas prices. However, that all changes with EOs are introduced into the equation. Stopping new oil and natural gas leases on public lands or in offshore waters, along with stopping the new pipeline hurts impedes domestic production/supply. Adding in OPECs desire to not raise production, and our run away domestic inflation, it's no wonder gas prices are rising. For some reason, this admin thought taking from the strategic oil reserve would cover up it's errors. It may for a brief time, but given the predictions, that act is a failure as well.

It was embarrassing watch Biden begging OPEC to increase production as he rolled back US production. Anyone who paid attention to Biden knew what was going to happen with energy prices if he was elected.

(01-19-2022 09:30 AM)VA49er Wrote:  

(01-19-2022 08:46 AM)bearcat65 Wrote:  

(01-19-2022 08:03 AM)Redwingtom Wrote:  Tell me you don't understand how gas prices work without telling me you don't understand how gas prices work?

Tell me you understand how markets work. For instance if the president issues EO's which will tighten the supply of petroleum then which way do petroleum prices go?

Yeah, normally I agree the POTUS doesn't have much impact on gas prices. However, that all changes with EOs are introduced into the equation. Stopping new oil and natural gas leases on public lands or in offshore waters, along with stopping the new pipeline hurts impedes domestic production/supply. Adding in OPECs desire to not raise production, and our run away domestic inflation, it's no wonder gas prices are rising. For some reason, this admin thought taking from the strategic oil reserve would cover up it's errors. It may for a brief time, but given the predictions, that act is a failure as well.

There’s a couple of problems here. As you state, the Biden EO only stopped NEW leases on FEDERAL lands. That’s a pretty limited source to begin with, and couple that with the lag time until any new leases would start producing, and you don’t really have any immediate effect on prices at the pump. Further, we’re on pace to produce more than the USA has EVER produced before in 2023.

Quote: U.S. annual oil production is set to rise to a record next year as shale producers continue to boost output.

Oil supply will average 12.41 million barrels a day in 2023, according to the Energy Information Administration. That would surpass the current annual high of 12.3 million barrels a day set in 2019, the EIA said in its monthly Short-Term Energy Outlook report.

The projected rise in U.S. output would represent nine consecutive quarters of growth, beginning the last three months of 2021, the EIA said. U.S. crude production reached a monthly peak in late 2019, months before the pandemic jolted global markets and forced producers to slash output.

U.S. Crude Output to Rise to Record in 2023 on Shale Growth

The reason why production went down was due the pandemic slashing global demand, so producers slashed output.

And stopping the Keystone Pipeline is not as you represent here. The only thing that was stopped was a shortcut extension that was to be added to the existing pipeline. And as with the new leases, nothing would much happen until it was done…so again, little effect on current prices. Additionally, Keystone is not American production. It’s Canadian production of tar sands crude that gets transferred to the southern USA for distribution, mostly to foreign countries, that might have actually increased our gas prices!

Lastly, are you aware that the price of fuel is rising pretty much everywhere, and as with here, mostly the result of the pandemic? Are you blaming that on Biden too?

Quote: LONDON, Oct 22 (Reuters) - European and Asian motorists may have to contend with high petrol and diesel costs for months to come as a rise in crude prices, resurgent fuel demand and taxes drive up prices at the pump to or near record peaks.

The jump in road fuel prices comes as countries in Europe and elsewhere are grappling with soaring power prices going into the northern hemisphere winter and could hurt consumer spending, undermining the global economic recovery from the pandemic.

Petrol prices in India, the world's third biggest consumer of crude oil, hit a record 106.89 Indian rupees ($1.43) a litre on Friday while in France, the cost of a litre of diesel reached a new record last week of 1.55 euros ($1.80) a litre on average, according to data from the Ministry of Ecological Transition.

Some filling stations, like one in London's affluent Chelsea neighbourhood for instance, have almost doubled the price to 2.70 pounds per litre, roughly equivalent to $10 per U.S. gallon.

This has drawn the ire of consumer groups who say oil prices are nowhere near the record high of $147 a barrel hit in 2008 to justify the recent spike at the pump. Fuel suppliers, however, say the price rises are no way near the jump in crude.

A spokesperson for the UK Petroleum Industry Association said while UK average pump prices have risen by 21% for petrol since the beginning of the year, the price of Brent crude - the global benchmark - has jumped 66%.

Asian, European motorists face record petrol prices as winter sets in