Average Gas Price Hits $4.30 A Gallon
- Thread starter skews13
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BlindBoo
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- Sep 28, 2010
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Easy peasy. We've nearly always been one of the largest producers of crude oil. It's who we are. We still consume more crude oil than we produce. OPEC+ produces many times more crude oil than we do. Our exports of LNG and other refined petroleum products are what makes us energy independent. In a few more years the US Oil patch may surpass that mark, but they will still sell their product at world oil prices.......so for consumers?
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Marener
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- Jul 26, 2022
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You're right. He did it to save oil worker jobs.
And we paid the price for that later.
But the magic is convincing the American people it was all Biden's fault.
/----/ "And we paid the price for that later."
WTF does that mean? How could you possibly jump to that conclusion?
Marener
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You might have noticed that oil prices went up in 2022.
It’s just transitory
/----/ Either you're just having fun being a contrarian, or you just don't grasp the concept.
Ripple effects of plummeting oil prices
The recent drop in oil prices is causing concern for global energy stocks, with knock-on effects throughout the economy. Although there are some encouraging signs, the consequences for the oil sector and oil-exporting countries could be dire
www.worldfinance.com
Just like Republican control of congress... transitory.
It was okay until Joe was sworn in. A fragile recovery screwed up by his administration. printing trillions and trillions of fiat dollars that we do not even know where it all went.
Marener
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All I'm saying is that oil prices were going to spike after COVID no matter who did what./----/ Either you're just having fun being a contrarian, or you just don't grasp the concept.
While it may be great to pay less for petrol, the market impact goes beyond mere lower consumer prices. Changes in oil prices have a ripple impact on the world economy. Perhaps unsurprisingly, the oil business itself is one of the most significant casualties. Oil companies may suffer greatly if oil prices fall. Because they are selling their oil for less money, they are making less money, which can result in job losses, production reductions, and even bankruptcies. It includes not just the larger oil businesses but also the smaller ones and the nations whose economies significantly rely on oil exports.Ripple effects of plummeting oil prices
The recent drop in oil prices is causing concern for global energy stocks, with knock-on effects throughout the economy. Although there are some encouraging signs, the consequences for the oil sector and oil-exporting countries could be dire
The oil industry had to ramp down during COVID.
Ramping back up was slow and costly.
Had little if anything to do with Biden.
And to be honest, it had little if anything to do with Trump.
It's just the way it is.
/----/ Today's cars get much better mileage than the 9 mpg gas guzzlers from the 1970s. I save some by buying at Costco. $4.19 for regular.
The gasbuddy card can save you some money.
GasBuddy - Cheapest Gas Station Finder App with Money Saving Benefits
Download the free GasBuddy app to find the cheapest gas stations near you, and save up to 50¢/gal by upgrading to a Pay with GasBuddy+™ fuel rewards program.
www.gasbuddy.com
1970 Gas Prices Adjusted for Inflation
In 1970, the average U.S. price for gasoline (all types) was about $0.61 per gallon U.S. Inflation Calculator. Adjusted for inflation to 2026 dollars, that same nominal price would be worth $3.29 per gallon U.S.
- Jan 19, 2010
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Gas and food prices have come down despite what's going on in Iran... Biden's inflation was still higher than today....
BlindBoo
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Btw, here's where your figures came from.
Marener
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Baghdad Bob over here wants you to all know that everything is great.
That is the craziest shit posted on this site. Congrats. No one believes that. Not even you.
- Jan 19, 2010
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I have more money to spend today than when Inflation Joe was in charge... I'm using my Trump tax cut refund to buy a new E Bike...
Why does MAGA keep pushing this lie.
As of early May 2026, gas prices have risen sharply, reaching their highest levels since 2022 at over $4.30 per gallon nationally, driven by geopolitical tensions in the Middle East. While grocery price inflation is slowing (projected to rise 1.7% in 2026), food costs generally remain high rather than falling, with further increases expected due to rising transportation and fertilizer costs.
Biden is not the president and your Orange Massa said these prices were coming down on Day 1.
- Jan 19, 2010
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You are too stupid to understand what! I post....
I can't believe you were stupid enough to post that BS.
BlindBoo
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Rig count dropped to almost 250 in 2020. Lot of lay offs under Benedict. During Biden's recovery it more tripled by the end of 2022.
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