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A big part of it is taxes. To reduce road use taxes on the big trucking companies, they increases the taxes on diesel so those who have diesel cars or pickups now have to pay part of the road use taxes for big trucks.Actually, it's demand. The sellers charge more stateside because they can get away with it. Demand in Mexico and Brazil is lower because the population doesn't have as much wealth to spend on fuel.
By the way, why should we become a net importer again? How the hell is reducing production supposed to bring prices down?
The US has the highest lift costs in the world. We use more oil than we produce. We export very little oil. Get the facts.The United States is the world's largest producer of oil. We produce nearly double the next closest producer and in fact the United States is a net exporter of oil. But oil is a global commodity sold on an open market. And that means that douche nozzles in Russia, Saudi Arabia, and elsewhere have a significant impact on the price of gas in Chattanooga.
We can solve this easily if Biden had the chutzpah. It's really simple. To lower oil prices in the United States, we should entirely ban the export of oil. No more global markets setting domestic prices. Keep all the supply for ourselves, let supply and demand reduce domestic prices, and short circuit the international market from driving our prices up. If other countries are hurting because of bans on Russian oil, then that's their problem. If other countries can't produce enough oil to make themselves independent, then they should figure it out for themselves. It's not our problem.
There's no reason we can't do it, except that our President isn't willing.
There are no shortages at the pump. We are being ripped off.Simple glimpse at supply and demand shows otherwise.
Collapsed demand in 2020 caused energy stores to max out and production to contract. Demand then shot back up and production has not caught up to the demand, causing spike in prices.
Sure wish thst avatar was really a pic of you.The United States is the world's largest producer of oil. We produce nearly double the next closest producer and in fact the United States is a net exporter of oil. But oil is a global commodity sold on an open market. And that means that douche nozzles in Russia, Saudi Arabia, and elsewhere have a significant impact on the price of gas in Chattanooga.
We can solve this easily if Biden had the chutzpah. It's really simple. To lower oil prices in the United States, we should entirely ban the export of oil. No more global markets setting domestic prices. Keep all the supply for ourselves, let supply and demand reduce domestic prices, and short circuit the international market from driving our prices up. If other countries are hurting because of bans on Russian oil, then that's their problem. If other countries can't produce enough oil to make themselves independent, then they should figure it out for themselves. It's not our problem.
There's no reason we can't do it, except that our President isn't willing.
It sure is my favorite avi at this site.lolGasoline is still a bargain. Price hasn't kept up with housing, education, healthcare, groceries, automobiles or anything else.There are no shortages at the pump. We are being ripped off.
That's no consolation for those who are struggling and need to drive a lot.Gasoline is still a bargain. Price hasn't kept up with housing, education, healthcare, groceries, automobiles or anything else.
We use more oil than we produce. We export very little oil. Get the facts.
nonononno. I'd decided to just ignore you, but not that bullshit. The assertion was US refiners got paid less for diesel sold in Mexico than the US. Put up a link or fuck off.
Only during the pandemic. We've been importing from Canada, Mexico, Venezuela and now Russia for decades... And we import a little from OPEC.I do have the facts. The US produces more oil than we use. Hence why we end up being a net exporter. You can't be a net exporter by consuming more than you produce.
Only during the pandemic.
We've been importing from Canada, Mexico, Venezuela and now Russia for decades... And we import a little from OPEC.
Did you see my post?Incorrect. We've been a net exporter for years, going back to the Obama administration.
Yes. But on the sum, we are a net exporter. Our exports exceed our imports.
We haven't been net exporter untill 2020, and even then briefly.
I've posted data that shows it to be true.That is false.
Nope. We have been importing oil since 1950.Incorrect. We've been a net exporter for years, going back to the Obama administration.
Yes. But on the sum, we are a net exporter. Our exports exceed our imports.
Oh stop it---fuck with capitalism and you kill the economy. The oil companies would simply cut production rather than take a loose.It's very simple. We are a net exporter of oil. We produce more than we consume. If we halt exports then WE will have more oil than we know what to do with. Which will mean that the laws of supply and demand will drive prices down. Before long Exxon and Chevron will be giving away free weekend getaways trying to beg people to do more driving.
You don't seem to understand how the oil business works. It's okay though, carry on.I do have the facts. The US produces more oil than we use. Hence why we end up being a net exporter. You can't be a net exporter by consuming more than you produce.
Oh stop it---fuck with capitalism and you kill the economy. The oil companies would simply cut production rather than take a loose.
