Gas prices

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  • Mgderf

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    May 30, 2009
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    My first car was a 1970 Ford Maverick, straight 6 cylinder automatic transmission.
    I want to say it was 250ci?
    Anyway, 1 month into my driving career, I ran out of gas waiting to turn left into a gas station.
    I pushed the car into position and filled the tank with regular leaded gas.
    My bill, for a full tank, was $5.20
    Today, it's $5.19 for 1 gallon...
     

    flatlander

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    19   0   0
    May 30, 2009
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    Noblesville
    My first car was a 1970 Ford Maverick, straight 6 cylinder automatic transmission.
    I want to say it was 250ci?
    Anyway, 1 month into my driving career, I ran out of gas waiting to turn left into a gas station.
    I pushed the car into position and filled the tank with regular leaded gas.
    My bill, for a full tank, was $5.20
    Today, it's $5.19 for 1 gallon...
    Had a 72 Maverick Grabber. Remember those days well:xmad: :oldwise:
     
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    Onebad06vtx

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    6   0   0
    Mar 9, 2013
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    Ellettsville
    My first car was a 1970 Ford Maverick, straight 6 cylinder automatic transmission.
    I want to say it was 250ci?
    Anyway, 1 month into my driving career, I ran out of gas waiting to turn left into a gas station.
    I pushed the car into position and filled the tank with regular leaded gas.
    My bill, for a full tank, was $5.20
    Today, it's $5.19 for 1 gallon...
    Dang,is that when they had square wheels?
    J/K Your not that much older then me.
     

    actaeon277

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    Nov 20, 2011
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    My BIL and I were arguing about this gas price. He says BiDUMB has nothing in gas pricing. He said the oil companies are the ones who set the prices. I asked him why did they decide to do this in suck a QUICK matter. He had no answer for that.

    Well, when things were done through Congress, and Dems and Repubs had to work things out, I might agree.
    But, with the Dems controlling everything, and Red Tape (govs specialty) increases exponentially, I would say he's WRONG.

    Also, point out the gov makes more money per gallon of gas than the oil companies. And they have to actually produce something.
     

    ghitch75

    livin' in the sticks
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    Dec 21, 2009
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    Waiting for the coal strikes, removing light bulbs, putting on sweaters to keep warm and the dreaded 55 mph speed limit to come back... same playbook used during the 70's.


    when they shut down the Merom power plant we will see $1200.00 a month for power


     

    jamil

    code ho
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    0   0   0
    Jul 17, 2011
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    Gtown-ish
    My first car was a 1970 Ford Maverick, straight 6 cylinder automatic transmission.
    I want to say it was 250ci?
    Anyway, 1 month into my driving career, I ran out of gas waiting to turn left into a gas station.
    I pushed the car into position and filled the tank with regular leaded gas.
    My bill, for a full tank, was $5.20
    Today, it's $5.19 for 1 gallon...
    I get that this is about the price of gas, and thumbs up for that. I just wanted to say you aren’t the only person who’s pushed a Ford Maverick. The only car that’s more **** than a maverick is probably a Pinto. I had one of those too. It was a ‘72. It was quite the chick magnet though.
    :rofl:
     
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    tude

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    Dec 16, 2012
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    when they shut down the Merom power plant we will see $1200.00 a month

    I get that this is about the price of gas, and thumbs up for that. I just wanted to say you aren’t the only person who’s pushed a Ford Maverick. The only care that’s more **** than a maverick is probably a Pinto. I had one of those too. It was a ‘72. It was quite the chick magnet though.
    I would of thought your way with words would have done more than a pinto.
     

    DoggyDaddy

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    Aug 18, 2011
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    I get that this is about the price of gas, and thumbs up for that. I just wanted to say you aren’t the only person who’s pushed a Ford Maverick. The only care that’s more **** than a maverick is probably a Pinto. I had one of those too. It was a ‘72. It was quite the chick magnet though.
    :rofl:
    When I was living up in West Lafayette/Lafayette, I had a friend that had a lemon yellow Maverick that he named "Mabel". The front passenger seat was a beanbag chair. We had a lot of good times cruising the country roads up there in that car. :):
     

    Ark

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    Feb 18, 2017
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    Indy

    A good little explanation.

    TL;DR refining is the bottleneck, it's because of covid shutdowns and green policies, "no new refinery will ever be built in the U.S. again". Nobody has made capital investments in refining because you can't commit to a 20 or 30 year plan when Democrats are rampaging around arbitrarily canceling things.

    Perhaps what we ultimately need is a law passed in Congress ending the executive's ability to interfere with oil and gas development.
     

    smokingman

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    Nov 11, 2008
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    Indiana

    A good little explanation.

    TL;DR refining is the bottleneck, it's because of covid shutdowns and green policies, "no new refinery will ever be built in the U.S. again". Nobody has made capital investments in refining because you can't commit to a 20 or 30 year plan when Democrats are rampaging around arbitrarily canceling things.

    Perhaps what we ultimately need is a law passed in Congress ending the executive's ability to interfere with oil and gas development.
    Not really. Exports are not even mentioned,and we are exporting a record amount of crude and refined products. If we cut back our exports especially to central America(Gasoline and crude)we would have a huge surplus.
    We had an export ban in place from the 1970s oil crisis until 2015. If it was back in place prices would be less than half of what they are for gasoline,diesel,and any crude based products.

    It is not even so much the executive branch that needs reigned in,it is the bureaucracy it uses like the EPA and Bureau of land management. Both of those have many laws and regulations based on either executive orders,foreign treaties we are not part of(Paris climate accords as an example is a treaty we are supposidly a part of when only the senate can join any treaty,and they never voted to join,it was a Biden executive order),and vague laws passed by congress with stated goals,but leaving the rules to reach those goals to un-elected bureaucrats.

    Side note. India is over it. They reopened 100 coal mines this week with the goal of 1.1million metric tons of additional coal domestically in the next 5 years(per year),and a restarting almost every coal power plant that can be brought back online. They also have started construction of a "mega" refinery,it will be the second largest on earth and be finished in 3 years.


    "Europe has also been importing about 1.5 million barrels a day of U.S. crude to reduce its need for Russian supply.


    As for refined products, Biden is undoubtedly wondering why U.S. refiners are exporting nearly 6 million barrels a day of finished fuels like gasoline, diesel, and jet fuel when the domestic market is tight.


    The reason is simply that as bad as things are here, they are worse in other markets"
    I disagree with the article,but used the figures from it in the above.
     
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    BigRed

    Banned More Than You
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    7   0   0
    Dec 29, 2017
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    1,000 yards out
    Perhaps, but my study of History seems to indicate the Jimmy Carter was a decent person absent malice, just in way over his head. Which I am not sure the same can be said for the present White House occupant.

    Truth.

    The current occupant is an evil son of a ***** spawned in Hell.
     

    BugI02

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    0   0   0
    Jul 4, 2013
    32,280
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    Columbus, OH
    My guess is close to zero do. None of the donkeys that I've spoken to and tried to reason with lay any of the blame at the feet of Biden nor his policies.
    In his book Win Bigly, Scott Adams describes a phenomenon he calls “two movies, one screen.” The idea is that two people (or two groups of people) are observing the same data, but processing the information so differently that they reach entirely different conclusions about reality.

    This^^^ is how that happens. I have friends who STILL insist that they'd rather have 0Biden than Trump

    They've gone 'round the bend' and I'm not sure they're coming back
     
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