National Average Price of Gasoline Hits an All-Time High

[CagleMtnVol]

People think the price of gas is bad for them. They need to look at the price of diesel that is what's going to effect everything else.

Transportation companies like Swift, Knight, JB Hunt etc... to pay those prices they will have to increase their prices to companies to ship their goods between manufacturers or warehouses to the distribution centers that will increase the prices of those goods when you go to purchase them at restaurants, grocery stores, Walmart, Target etc..etc...

 

[allvol123]

I drive 90 miles a day. My gas cost is almost triped. Paid 3.99 in Chickamauga,ga - NW GA, basically chattanooga south. Thats a lot of money not spent on eating out, traveling, discretionary spending. If it affects me, what does it do to the folks making the 15 hr gold standard.....like my daughter

Yea, around a 100 miles for me. I could do my job from home most days. I’ll be pushing for more of that if this keeps up.

 

[1vol8]

U.S. National Average Price of Gasoline Hits New All-Time Record High - GasBuddy.com

I feel like this deserves its own thread.

Let's go Brandon!

I literally finished an image on a gas station earlier today and the price at that station was 3.99. 30 min later I arrived at another station (same brand as the first) and it jumped .20 in that time to 4.19. Can’t make this up. Bidens administration is getting dangerously close to causing people to have to resort to robbing and stealing which will lead to more deaths to innocent people and more deaths by the way of “stand your ground” laws. This is about to turn into a blood bath.

 

[lawgator1]

Seeing this in 2018 regarding Trump reelection

When did I say it doesn't matter
? Of course it matters.

 

[Orangeburst]

News to me but not surprised with the war on oil...
The Energy Department is already obligated by law to sell 260 million barrels of oil in the Strategic Petroleum Reserve by fiscal year 2027.

What Can Biden Do About Rising Gas Prices?

This represents 45% of current capacity:

The reserve stood at 580 million barrels as of Feb. 25. That's about 81% of its maximum authorized storage capacity of 714 million barrels and enough to replace more than half a year's worth of U.S. crude net imports.

This is strategic war reserve stuff, not some gimmick to reduce market pricing.

 

[CABVOL]

So what was the excuse before Russia invaded Ukraine? Who do we blame that on?

Drumpf, of course.

 

[LittleVol]

It's 5.99 a gallon out here in Southern Cal....

 

[Pepe_Silvia]

It's 5.99 a gallon out here in Southern Cal....

California, RIP

 

[hUTch2002]

I blame Putin and Biden.

I blame Biden Putin.

 

[LittleVol]

California, RIP

Far from it!

 

[Rasputin_Vol]

Price controls coming...

 

[AM64]

Just going to drive up inflation for everything else as well...Incoming 12%.

Increased energy cost is a multiplier. You have you own direct costs such as gasoline. At the store you pay extra because of transportation charges, and extra for higher manufacturing and business overhead costs. That's just a simple direct consumer effect. It hits services and governments, too - and you pay for that. When people have to figure out what has to go because they can't run deficits like governments, that affects employment. About the highest priority government should have is keeping energy costs in line. This administration (and others) have completely bungled the issue - they should probably have taken a lesson from the Carter administration because they are probably going to meet the same fate.

 

[AM64]

The mid terms should be a slaughter.

Operative term is "should be". It all depends on what scheme the dems come up with this time ... perhaps gas is too expensive for poor people to get to the polls. You can bet they will have some angle to play.

 

[volfanhill]

Operative term is "should be". It all depends on what scheme the dems come up with this time ... perhaps gas is too expensive for poor people to get to the polls. You can bet they will have some angle to play.

Slow Joe's poll numbers have dramatically rebounded since this started. He's still under water. But it won't be the cake walk it was going to be.

 

[AM64]

Slow Joe's poll numbers have dramatically rebounded since this started. He's still under water. But it won't be the cake walk it was going to be.

Crap, I hate to hear that. You'd think from all that this country has achieved that we wouldn't have turned into a collective of hand wringing minions looking to mommy government for comfort when there's a ripple in the force.

 

[tnmarktx]

Fact is, a POTUS hasn't got a ton of control over it

When you have one that is hell bent on killing US energy production. That's exactly who is to blame.

 

[FLVOL_79]

 

[rjd970]

Maybe if we all stop driving for two weeks we can flatten the curve.

 

[FLVOL_79]

This is all democratic strategy. They love them some high gas prices. Advances their agenda.

Easy fix..everyone buy electric cars!

Disregard the insane increase in electricity demand which is mostly fueled by? You guessed it, fossil fuels. Bold strategy Cotton!

 

[happy-go_vol]

View attachment 437770

This admin knows what their doing. Don't think they're clueless. They know the results of the actions, they don't care.

 

[happy-go_vol]

Just curious why our energy companies cannot bribe our elected officials as good as the Iranians, Venezuelans, Russians, etc….do.

They do.

 

[happy-go_vol]

Easy fix..everyone buy electric cars!

Disregard the insane increase in electricity demand which is mostly fueled by? You guessed it, fossil fuels. Bold strategy Cotton!

No, the sun and wind will power them all.

 

[VolunteerHillbilly]

Just curious why our energy companies cannot bribe our elected officials as good as the Iranians, Venezuelans, Russians, etc….do.

They got outbid by silicon valley and hedge fund managers. Look at who is getting all the tax incentives and direct government funding to try to develop and implement the necessary technology to convert to a renewable-only energy supply.

 

[hog88]

It blows my mind that things like this get laid at the feet of POTUS, for either party. This idea requires so little thought, no wonder it catches on so fast. Do people think fuel produced domestically is owned by the federal government and exclusively reserved for US use at a hometown discount? Even if it’s produced here it’s traded and priced on a global market where demand (unfortunately) is constantly on the rise.

All true and its why we should not be limiting domestic production, pipelines from our neighbors or refining. In other words GTFOTW Brandon and the market will fix itself.

 

[hog88]

People think the price of gas is bad for them. They need to look at the price of diesel that is what's going to effect everything else.

Transportation companies like Swift, Knight, JB Hunt etc... to pay those prices they will have to increase their prices to companies to ship their goods between manufacturers or warehouses to the distribution centers that will increase the prices of those goods when you go to purchase them at restaurants, grocery stores, Walmart, Target etc..etc...

Oh it’s not just even the trucking segment that’s getting killed by the price of D2. Since MSO 2020 went into effect freighters, cargo ships tankers ext can no longer burn bunker fuel in the open ocean without retrofitting their exhaust system Which is hugely expensive. They’re forced to burn marine diesel across the high seas.

Then of course trains also burn a crap ton of diesel so it’s getting even more expensive to ship the crude out of Canada to the gulf refineries now that there isn’t going to be a pipeline option.