Gas prices

[BigRed]

Seems to be working these past several decades I've been alive. When I was born the Debt was $289B....but now with my voting it is now only $32T. The ***holes have been doing a good job. LOL.

The ***holes need to be hanged.

 

[DragonGunner]

The ***holes need to be hanged.

Well they hung horse thieves and what politicians have been doing is way worse.

 

[actaeon277]

 

[BugI02]

well, after getting my shiny object, will I even be welcomed here at least once?

Welcome

I think you are right in that worry should only be spent on things where actions it engenders might make a difference

Worry more about whether you have prepped enough and less about whether an EMP will shred the grid. One you can adjust your behavior to affect, the other not so much

 

[smokingman]

"Meanwhile, U.S. oil refining capacity fell in 2021 for the second year in a row, the latest government data showed on Tuesday, as plant shutdowns kept whittling away at their ability to produce gasoline and diesel.


The official data showed a capacity decline of 125,790 barrels per day (bpd) last year on top of the 800,000 bpd drop in 2020."

Like I and a few others have pointed out,it is our lack of refining capacity and record exports that are causing prices to rise.

Oil falls around 3% as investors eye U.S. Fed rate hikes By Reuters

Oil falls around 3% as investors eye U.S. Fed rate hikes

www.investing.com

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrexus2&f=m <May data,the new data will be out at the end of the month. But we set records in almost all products to Canada(crude to be refined and exported mostly to Europe),South America in gas and diesel,and of course aviation,diesel,and crude to Europe...all at a time when our refining capacity is down 925,000+ barrels per day(and declining even more rapidly thanks to the EPA ending 36 refineries waivers for blending ethanol into gas,some of which will and are shutting down because of it).

EPA rejects refinery waivers

www.agrinews-pubs.com

 

[mikek]

 

[GodFearinGunTotin]

 

[KittySlayer]

Biden is a moron and his advisors are even more stupid. So he is proposing a 3 month abatement of Federal gas tax. July, August, September. The underlying policies he implemented causing the problem will not be addressed. So come October gas prices will jump back up right before mid-term elections. Talk about an October surprise.

 

[ghuns]

Biden is a moron and his advisors are even more stupid...

This is the result of hiring "firsts", not the best qualified...

Here are the historic firsts in Biden’s administration

This administration values scoring woke points over actual competence.

 

[PRasko]

 

[BugI02]

Biden is a moron and his advisors are even more stupid. So he is proposing a 3 month abatement of Federal gas tax. July, August, September. The underlying policies he implemented causing the problem will not be addressed. So come October gas prices will jump back up right before mid-term elections. Talk about an October surprise.

Not to mention that the highway construction and repair usually financed via gas taxes will either be cancelled or postponed, or worse yet funded with more borrowing

Just another subsidy to make us ever more dependent of government largesse

 

[BigRed]

Biden is a moron and his advisors are even more stupid. So he is proposing a 3 month abatement of Federal gas tax. July, August, September. The underlying policies he implemented causing the problem will not be addressed. So come October gas prices will jump back up right before mid-term elections. Talk about an October surprise.

obiden and its ilk can go straight to Hell.

 

[akrylov]

Welcome

I think you are right in that worry should only be spent on things where actions it engenders might make a difference

Worry more about whether you have prepped enough and less about whether an EMP will shred the grid. One you can adjust your behavior to affect, the other not so much

Exactly, some may say not resisting and not worrying about something leads to worse results, but we are given 70-80 years to live and a proper understanding of our capabilities to change something and remove unnecessary energy waste => better life

 

[BugI02]

Worry is tax on a debt that you don't owe yet

 

[jamil]

View attachment 207389

No restitution required?

I can see where in blue states that could become a thing. It's under $900, so it's their policy not to prosecute theft under $900.

 

[jamil]

Worry is tax on a debt that you don't owe yet

I'm totally stealing that line.

 

[jamil]

WTF is wrong with that guy? It’s the gas stations? Why is it that people can’t understand multivariate factors?

What goes into the cost of gas and diesel? I'm not in the industry, but at face value I can see the cost of oil is one thing. The cost of refining it. The cost of transporting it. The cost at the pump has a few pennies per gallon that go to the gas stations. Why drag the gas stations? Are they supposed to just give it away? Or worse, take a loss?

It costs more now to transport fuel because fuel is expensive, and and because of covid, we're short on trucking resources. So that's more expensive. Transportation costs for shipping fuel will come down as the price itself comes down.

It costs to refine it. And the price of refined fuel is mostly in the cost of oil, which has to do with demand and speculation, and all that. But refined fuel has its own demand too. Price being largely dependent on supply/demand is a feature not a bug. Maybe it would help increase the supply if Biden didn't ship our fuel all over the world. But no. He wants gas stations, who arguably have the lowest margins in the chain, to foot the bill for his policy.

 

[jamil]

Or. Be more like Nancy Pelosi.

Nancy Pelosi Recommends Avoiding Pain At The Pump By Becoming A Millionaire Through Insider Trading

WASHINGTON, D.C. - In a statement given this week, House Speaker Nancy Pelosi said she feels for Americans struggling with prices at the pump and offered a suggestion for how to cope by becoming a millionaire through insider trading.'If you want to avoid suffering from high gas prices, the...

babylonbee.com

 

[actaeon277]

WTF is wrong with that guy? It’s the gas stations? Why is it that people can’t understand multivariate factors?

What goes into the cost of gas and diesel? I'm not in the industry, but at face value I can see the cost of oil is one thing. The cost of refining it. The cost of transporting it. The cost at the pump has a few pennies per gallon that go to the gas stations. Why drag the gas stations? Are they supposed to just give it away? Or worse, take a loss?

It costs more now to transport fuel because fuel is expensive, and and because of covid, we're short on trucking resources. So that's more expensive. Transportation costs for shipping fuel will come down as the price itself comes down.

It costs to refine it. And the price of refined fuel is mostly in the cost of oil, which has to do with demand and speculation, and all that. But refined fuel has its own demand too. Price being largely dependent on supply/demand is a feature not a bug. Maybe it would help increase the supply if Biden didn't ship our fuel all over the world. But no. He wants gas stations, who arguably have the lowest margins in the chain, to foot the bill for his policy.

rhetorical?

Cause MOST of them NEVER ran a business, worked the books, or just plain worked.

 

[tim87tr]

In a lighter moment 14 sec gas price video, is elevate interchangeable with alleviate? Also not the alleviate with the long E pronunciation. Probably laughed way too much at this...

Did Jean-Pierre Just Make a Career Ending Slip Up?

For more exclusive interviews, insight, and analysis like this, SUBSCRIBE to The Charlie Kirk Show TODAY: https://apple.co/2VCxGsh And for EVEN MORE—tune in to The Charlie Kirk Show LIVE on Salem Radi

rumble.com