Remember Trump Banning Coastal Oil Driling? I do.

[Nostra]

"Prices plunged in early 2020, then recovered; they soared in 2022, then fell back. They've been sliding recently, with some analysts predicting the average may fall below $3 over the next few months."
and this was in June:

US gas prices are falling. Experts point to mild demand at the pump ahead of summer travel

Gas prices are once again on the decline across the U.S. That's bringing some relief to drivers now paying a little less to fill up their tanks.

apnews.com

$2.34 when Trump left office.

THREAD FAIL!

 

[Nostra]

There was no demand for oil in 2020. Over 200 US oil companies went out of business.

Link to no oil being used in 2020 surada

 

[surada]

Link to no oil being used in 2020 surada

Were you living under a rock?

In 2020, the price of crude oil briefly traded below zero in the spring. Here are some details about the price of oil in 2020:
April 20: WTI crude oil futures traded at negative prices.
Brent crude oil: Fell to $9.12 per barrel, its lowest daily price in decades.
Cushing, Oklahoma: Commercial crude oil inventories rose by 27 million barrels.
Prices began to increase: After April, with the WTI price climbing to $40/b on July 1.

 

[Toddsterpatriot]

Were you living under a rock?

In 2020, the price of crude oil briefly traded below zero in the spring. Here are some details about the price of oil in 2020:
April 20: WTI crude oil futures traded at negative prices.
Brent crude oil: Fell to $9.12 per barrel, its lowest daily price in decades.
Cushing, Oklahoma: Commercial crude oil inventories rose by 27 million barrels.
Prices began to increase: After April, with the WTI price climbing to $40/b on July 1.

How many barrels of refined product do we export a day?

 

[Procrustes Stretched]

How many barrels of refined product do we export a day?

Huh?

 

[Toddsterpatriot]

Huh?

You know we have refineries that turn oil into diesel, gasoline and other refined products, right?