Gas & Diesel prices

Wow, thanks to Democrat policies, gas is now averaging $6.03 in CA and $5.20 here in the Seattle area. It started rising the same week Biden took office.

Canceling pipeline construction projects, non- renewals of oil and gas leases, forbidding drilling in 3 key areas, hiring left wing idiots like Energy Sec Granholm, etc, have been major factors.

WA prices at the pump had already risen 43% PRIOR to any Russia Ukraine conflicts. Fortunately come NOV our country will likely vote many of these socialists out of office and we can return to some common sense energy policies. We need to be energy independent again.....yes

 

……the republicans can eliminate democracy from the US. Since when did you think the minority white rich men of the US were going to keep their totalitarian chokehold on the US? VOTING Trump back into office will be your last vote, as Trump wannabee totalitarianism sweeps the land. You didn’t mind suppressing Native Tribal rights to get a little cheap oil. You’ll love your loss of democracy & freedom. All hail, Caesar (“don’T rump”).

 

Billy,

Several factors contribute to current high gas prices. Corporate greed plays into this. Oil companies are making record profits.

https://www.usatoday.com/story/money/economy/2022/05/07/oil-company-record-profits-2022/9686761002/

Janice

 

So Litesong and Janice Cooper did NOT address the issue I raised. Do you not see that Democrat policies during the past 16 months have caused prices at the pump to rise? Are you interested in truth, or just the left wing talking points? Please watch on YouTube, Sen Josh Hawley grill Sec Granholm.....it is amazing how stupid or incompetent many Biden nominees are....

 

Of course we did answer you with the truth.

 

It appears the prices started climbing when DC announced limitations on domestic production. Hearing that, the speculators went wild on the oil futures and ran the price of a barrel up. If they wanted to bring the price back down, simply announce they are going to "drill baby drill" - even if they don't actually do it - and the speculators will go and buy something else. Although there is some schadenfreude in seeing 3/4 ton pickups racing down the highway with one person aboard and knowing the driver is spending a fortune to keep that circus-wagon moving, where we're going to see real pain is when the truckers can no longer afford to fill their tanks and there are few trucks to bring food and merchandise to local markets. That food we buy in the supermarket arrives in trucks that run on diesel. There will be fewer trucks on the road if the prices continue to rise, and those that do keep rolling will be charging much more to the stores. So food and goods will be getting more expensive as a result.

 

Always the other party's fault , right , billy ?
Go talk politics somewhere else.

 

Yes Edwin....your lovely corrupt Democrats and socialists are obviously wanting to raise gas prices and promote alt energy for their climate change goals. But you don't care?

 

How do you know what party I support , or if I even vote ?
I just want you to take your politics elsewhere.
That's what I care about.

 

I support the Birthday Party.
Candidate: Betty Crocker, and Duncan Hines for vice president. Platform: Free cake for everybody, along with brightly colored conical hats and small baggies of carcinogenic plastic toys slathered in lead paint. Fun! Oh, and all homes heated by small candles in festive colors, at least until somebody makes a wish. Yes, that is my platform.
Come and join the cause. All are accepted, from angel food to devil's food, whether you're into sprinkles, or prefer drizzled with M&Ms.

It'd be nice if fuel prices could be discussed without devolving into a flame war. That's not easy when the subject could possibly involve politics. And who knows if it does. There are so many variations of "news" that it's easy to flip the channel and find someone who agrees with you. Just don't fall into the trap of going to war with political opposition with ranting and nasty names because it's not going to get you anywhere. Person A has about has much of a chance of converting Person B to their belief system as Person B has of changing Person A. To use a term that might describe long-time members of the cake-saturated Birthday Party - fat chance.

 

Bachelor Parties are also fun.
Cake is good , but I never met a cookie I didn't like.

Americans really love their beliefs and Righteous Indignation.

 

That is democracy! If democracy is destroyed, beliefs & Righteous Indignation will be banned.

 

Petroleum and petroleum products are globally traded commodities. As countries exited shut downs, demand for all goods have gone up, including fuel. Not only is there higher demand for diesel in Europe now, but also in Latin America. Since they are willing to pay more, US sellers are shipping product to them.

Keystone XL was pushed in order for Canadian tar sand producers to get their product to the global market for less. If it did anything for US gas prices, it would raise them, as now the Canadians had more buyers bidding on their goods.

Maybe 20% of oil leases are on federal lands. The rest are on state and private. As it is, the oil companies are already holding leases that they aren't using. They are just using the current situation to try to get more federal leases for cheap. It will be years before they do anything with them, if they do anything. Which doesn't really matter, as it is refinery capacity that is in short supply in the US.

Oil companies have been shutting down refineries here because it is cheaper than maintaining and cleaning up the old ones. As a bonus, when the shortages happen from this lack of capacity, they make more profits.

The fracking companies have wised up. During the boom in the recent past, they did would they could to up production, and to keep it up. The thing with fracked wells is that production dives after the initial tap. This could be seen in as little as a month. So the companies kept drilling more and more wells, which already cost more to make and keep running. With the high production bumping up supply and higher operation costs, several of these fracking companies went under. The consolidated survivors are now focused on turning a profit than getting as much oil out of the ground as possible.

 

Amen.

 

In lots of small Washington state towns(& NOT so small towns), EVERY station is selling over $5 per gallon…..& even GREATLY over $5.