Gas Prices: Where are all the threads?

[Crepitus]

Are you dumb enough to park an $80K vehicle on the street or driveway for the beaners and tweakers to vandalize or steal? Not to mention weather damage. Sod off lil’ boy toy. You interest only your male adult escorts..

Fantasizing again, I see.

I've told you time and time again you aren't my type.

And maybe instead of spending $80K on a truck you're never gonna use anyway you should have put that money towards a better living situation.

 

[Synthaholic]

In leftist dem world it is.....You know, Clown World.

No, in the world where people have jobs the price of gas isn't a big deal. Only the welfare types like you bitch about it.

 

[cnm]

One FACT Democrats cannot escape, the price of gas way MUCH cheaper under Trump's pro energy policies. FACT!!

Much cheaper under the LOTUS's pro COVID policies, granted.

 

[Freedomisneverfree]

Thank you Joe Biden!

 

[Fort Fun Indiana]

Considering what it has to go through to become gasoline and considering how important it is, we should be thankful that it doesn’t cost a whole lot more.

Ding ding ding

And if the oil companies are allowed to build all the pipelines they want to help ship their product overseas, the hometown discount will evaporate.

 

[Foxfyre]

GA $3.09, SC $3.00, NC $3.10…. Those are the prices I saw along the route to Florida from Charlotte. I took a picture where I filled up in GA.

Our resident righties are usually all over gas prices and I would have thought they would have posted about the low prices we are experiencing in the dead of summer when they usually are uncomfortably high. Maybe they are busy on driving vacations?

I would like to thank Biden for pushing the magic low gas price button this summer. Some services are predicting many areas below $3 prices by election time.

Florida gas prices hit new low, dropping for the third consecutive week, AAA says

View attachment 965746

Some places are higher than others. But overall, I don't see much if any improvement:

AAA Gas Prices

The average gas price on inauguration day in January 2021 was about $2.36/gallon.

AAA Gas Prices

 

[healthmyths]

Federal land oil way up under Biden.

View attachment 965802

FACTS that totally refute your dumb ass comment!

Note the below chart as to how many leases were signed under Trump! 4,975! Biden less than 800!

It takes a long time to get from a federal drilling lease to actual oil​

"For onshore leases, the assessment process can take 3-4 years, and sometimes longer if developers encounter legal hurdles."

https://www.api.org/-/media/files/policy/exploration/2022/federal-lands-and-waters-leasing-and-permitting-fact-sheet.pdf?la=en&hash=2D81B1752B5A2693A1549CDB43D8CEC800CD706E

Remember what Biden did just 7 days from taking office.

Biden suspends oil and gas leasing in slew of executive actions on climate change​

JANUARY 27, 20219
"In an effort to slow the nation's contribution to climate change, President Biden has signed an executive order to begin halting oil and gas leasing on federal lands and waters."

Biden suspends oil and gas leasing in slew of executive actions on climate change

Biden's orders will halt oil and natural gas leases on public lands and waters in an effort to curb planet-warming carbon emissions.

www.cnbc.com

And then this idiot does this:
In 2022, the Biden administration sold 180 million barrels of oil from the Strategic Petroleum Reserve over 6 months. The sale lowered the SPR to its lowest levels in 40 years and was the largest ever release of oil from the SPR. SPR drawdowns continued into 2023, lowering the SPR by 45% from January 2021.

Strategic Petroleum Reserve (United States) - Wikipedia

en.wikipedia.org

REMEMBER BIDEN's GUARANTEE???
"I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019,


.

 

[Fort Fun Indiana]

FACTS that totally refute your dumb ass comment!

Note the below chart as to how many leases were signed under Trump! 4,975! Biden less than 800!

It takes a long time to get from a federal drilling lease to actual oil​

"For onshore leases, the assessment process can take 3-4 years, and sometimes longer if developers encounter legal hurdles."

https://www.api.org/-/media/files/policy/exploration/2022/federal-lands-and-waters-leasing-and-permitting-fact-sheet.pdf?la=en&hash=2D81B1752B5A2693A1549CDB43D8CEC800CD706E

Remember what Biden did just 7 days from taking office.

Biden suspends oil and gas leasing in slew of executive actions on climate change​

JANUARY 27, 20219
"In an effort to slow the nation's contribution to climate change, President Biden has signed an executive order to begin halting oil and gas leasing on federal lands and waters."

Biden suspends oil and gas leasing in slew of executive actions on climate change

Biden's orders will halt oil and natural gas leases on public lands and waters in an effort to curb planet-warming carbon emissions.

www.cnbc.com

And then this idiot does this:
In 2022, the Biden administration sold 180 million barrels of oil from the Strategic Petroleum Reserve over 6 months. The sale lowered the SPR to its lowest levels in 40 years and was the largest ever release of oil from the SPR. SPR drawdowns continued into 2023, lowering the SPR by 45% from January 2021.

Strategic Petroleum Reserve (United States) - Wikipedia

en.wikipedia.org

REMEMBER BIDEN's GUARANTEE???
"I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019,


.
View attachment 965832

Those leases are for possible future drilling. 10-20 years into the future. And most will just collect dust and never be used. You don't know anything about any of this and should just stop talking.

Oil producers are not even producing to capacity now and never will. That's not how it works.

 

[healthmyths]

Some places are higher than others. But overall, I don't see much if any improvement:

AAA Gas Prices

The average gas price on inauguration day in January 2021 was about $2.36/gallon.

AAA Gas Prices

And the average Gas price 06/22/2024 $3.451 or 40% higher today that under Trump in 2020!
AAA Gas Prices today:
And the average Gas price 05/04/2020 $1.789

United States Gas Price History

Get data on a variety of issues pertaining to Rochester and the rest of Monroe County, New York.United States Gas Price History

data.democratandchronicle.com

 

[Fort Fun Indiana]

And the average Gas price 06/22/2024 $3.451 or 40% higher today that under Trump in 2020!

So what? Only an ignorant dumbass would attribute the global gas price trend to the president of the united states.

Again, you dont have any idea what you are talking about and are embarrassing yourself.

Interestingly enough, your orange god spent much of the last year of his presidency traveling the world, trying to get gas prices to increase. Go look it up.

 

[healthmyths]

Those leases are for possible future drilling. 10-20 years into the future. And most will just collect dust and never be used. You don't know anything about any of this and should just stop talking.

Oil producers are not even producing to capacity now and never will. That's not how it works.

AND YOU said it though! The leases Trump signed are in production NOW thus we have the increase in domestic oil production that idiots like you are crediting BIDEN!!!
So consequently the next president will see a DECLINE in Federal land oil production for two reasons!
A) Idiot Biden signing fewer leases
B) Idiot Biden INCREASED Federal leased land oil royalties by 50%

Biden increases oil royalty rate and scales back lease sales on federal lands​

The royalty rate for new leases will increase to 18.75% from 12.5%. That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.

Biden increases oil royalty rate and scales back lease sales on federal lands

The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.

www.npr.org

 

[Natural Citizen]

Brian Deese contends that President Tater ''made a clear articulation that this is about the future of the Liberal World Order and that they had to stand firm''

Because fuck you that's why!

Brian Christopher Deese (born February 17, 1978) is an American economic and political advisor who was the 13th director of the National Economic Council, serving under President Joe Biden.

He previously served as a senior advisor to President Barack Obama. Earlier in the Obama administration, Deese served as the deputy director and acting director of the Office of Management and Budget. Deese also served as deputy director, and later director, of the National Economic Council. Deese was the Global Head of Sustainable Investing at BlackRock.

 

[healthmyths]

So what? Only an ignorant dumbass would attribute the global gas price trend to the president of the united states.

Again, you dont have any idea what you are talking about and are embarrassing yourself.

Interestingly enough, your orange god spent much of the last year of his presidency traveling the world, trying to get gas prices to increase. Go look it up.

Hey dummy! The prices I documented were only for the USA... NOT global.

 

[Maxdeath]

Those leases are for possible future drilling. 10-20 years into the future. And most will just collect dust and never be used. You don't know anything about any of this and should just stop talking.

Oil producers are not even producing to capacity now and never will. That's not how it works.

You seem to be missing a few things here.
Yes not all leases are used to produce. But just for illustration purposes let’s say 50% are used. How much are you restricting production if you go from say 1000 leases to 80?
Now let’s look at another example. If you were running an ice cream shop and you were told that you would be facing an ice cream shortage in two years I believe everyone with even a slight clue would up the price of the ice cream they are selling now so that they could hope to weather the shortage that is coming

 

[Fort Fun Indiana]

The prices I documented were only for the USA... NOT global.

The trend was indeed global. But you didn't know that, did you?

That tracks. Ignorant dummy.

 

[Fort Fun Indiana]

But just for illustration purposes let’s say 50% are used.

I doubt 50% is not even close. Nearly 10,000 permits sit unused, as we speak.

Mostly those rights are being bought up to deny them to the competition. Not to actually be used for producing oil.

And maybe you can explain to me how production is being restricted, when oil producers don't produce near the capacity they already have and likely never will. Because I am not seeing it.

When gas prices spike, all the president can do is say, "Pretty please produce more gas." Then the private oil company execs laugh and go back to their martinis.

When gas prices crater, all the president can donis ask producers to temporarily hold back more gas and oil. As Trump did in his world tour. The results were similar: they laughed in his face.

 

[Maxdeath]

50% is not even close. Nearly 10,000 permits sit unused, as we speak.

Mostly those rights are being bought up to deny them to the competition. Not to actually be used for producing oil.

And maybe you can explain to me how production is being restricted, when oil producers don't produce near the capacity they already have and likely never will.

Ha ha. So you want to use 10%? Have at it. So which number is bigger 10% of 1000 or 10% of 80?
One of the reasons some sit unused is because they do not contain enough oil to be economically useful. Some are not used because they are not in areas that can be accessed easily. Some are waiting for environmental impact statements. Some are waiting for drill rigs. Some are indeed being held for later use.

We only have so much capacity to turn crude oil into useful products. We are not building new refineries. Pushing a refinery to 100% use would require it to be shutdown more often to repair and replace. Every refinery is shutdown at times to repair and replace or you would have major problems.

Do you think that oil naturally replaces itself? If not then why would you drain every site since you would not have room to hold it all and never be able to refine it?

 

[Fort Fun Indiana]

One of the reasons some sit unused is because they do not contain enough oil to be economically useful.

And another and much more prevalent reason is that they haven't been drilled at all. Because oil.companies are not now even producing at capacity.

This is all a shell game of companies trying to deny market share and opportunity to their competition. Nothing more.

Biden denying future rights on federal ground, for example, changed virtually nothing for them except diminishing a talking point they use to raise.money from investors speculating on the future.

Pushing a refinery to 100% use would require it to be shutdown more often to repair and replace.

Then if they need that production, they increase elsewhere or make a new refinery. But they aren't going to do that, because they are not near capacity now.

Oil companies produce and sell precisely the amount that maximizes their profit in a global market they have little.control over. They aren't racing to see who can produce the most. They all know that would kill their profit.

 

[BluesLegend]

Wasting your money unless your into an upgraded pro performance engine

My turbo goes 155 mph

 

[hadit]

GA $3.09, SC $3.00, NC $3.10…. Those are the prices I saw along the route to Florida from Charlotte. I took a picture where I filled up in GA.

Our resident righties are usually all over gas prices and I would have thought they would have posted about the low prices we are experiencing in the dead of summer when they usually are uncomfortably high. Maybe they are busy on driving vacations?

I would like to thank Biden for pushing the magic low gas price button this summer. Some services are predicting many areas below $3 prices by election time.

Florida gas prices hit new low, dropping for the third consecutive week, AAA says

View attachment 965746

NOW he's responsible for gas prices? It's hard to keep up with the usual suspects.