Average Gas Price Hits $4.30 A Gallon

[Cellblock2429]

Which don't mean shit unless you own oil stocks.

/----/ WRONG

New Analysis: U.S. Crude Oil Exports Are Reducing Costs for Americans

WASHINGTON, July 28, 2022 – The American Petroleum Institute (API) and the American Exploration and Production Council (AXPC) today released new analysis demonstrating the significant and growing economic benefits of America’s abundant crude oil resources for both domestic use and global export...

www.api.org

The study found that enabling open markets increased oil and natural gas development in America, which, over the six-year period, reduced global oil prices by an average of $1.93 per barrel; added $161 billion to U.S. GDP; and increased jobs in the U.S. by nearly 50,000, on average.

 

[MisterBeale]

/----/ WTF does that have to be with what we're discussing?
Once again:

Global Context​

The U.S. remains the world’s largest crude oil producer, producing more than Russia and Saudi Arabia combined in 2025, with 13.58 million b/d energynow.com. U.S. production in 2026 is expected to continue influencing global supply dynamics

That was from March 3, 2026.

You pointed out I had information from two months ago and made the claim that conditions are changing. Many of the freighters have been unable to get out, and it takes a month at quickest speed to get from there to here.

I am not an expert in shipping, but I regularly listen to someone who is.

What's Going on With Shipping?

What's Going on With Shipping focuses on Maritime Industry Policy, and current events in the Maritime Sector, along with Maritime History. The channel features videos that examine the world's merchant marines, the international maritime sector, current events in the maritime trade, and...

www.youtube.com

You write like you are repeating MSM Fox News propaganda, not information based on reality.

 

[Cellblock2429]

You pointed out I had information from two months ago and made the claim that conditions are changing. Many of the freighters have been unable to get out, and it takes a month at quickest speed to get from there to here.

View attachment 1252232

I am not an expert in shipping, but I regularly listen to someone who is.

What's Going on With Shipping?

What's Going on With Shipping focuses on Maritime Industry Policy, and current events in the Maritime Sector, along with Maritime History. The channel features videos that examine the world's merchant marines, the international maritime sector, current events in the maritime trade, and...

www.youtube.com

You write like you are repeating MSM Fox News propaganda, not information based on reality.

/----/ My post had multiple sources, not just Fox.

 

[MisterBeale]

/----/ "WE" aren't doing that. The oil belongs to the oil producers. They sell to the highest bidder.

The administration knows that, everyone knows that. They knew how this would lead to a depression by fall.

 

[MisterBeale]

/----/ My post had multiple sources, not just Fox.

But none of what you posted refutes that the US oil producers are selling to the entire world while our energy costs are skyrocketing.
IOW. . . NOT MAGA. NOT AMERICA FIRST.

You still have not refuted the original premise of the post that triggered the shit outta ya.

 

[Zincwarrior]

/----/ WRONG

New Analysis: U.S. Crude Oil Exports Are Reducing Costs for Americans

WASHINGTON, July 28, 2022 – The American Petroleum Institute (API) and the American Exploration and Production Council (AXPC) today released new analysis demonstrating the significant and growing economic benefits of America’s abundant crude oil resources for both domestic use and global export...

www.api.org

The study found that enabling open markets increased oil and natural gas development in America, which, over the six-year period, reduced global oil prices by an average of $1.93 per barrel; added $161 billion to U.S. GDP; and increased jobs in the U.S. by nearly 50,000, on average.

Gasoline prices have gone up more in the US than Asia.

 

[BlindBoo]

But then peaked back up in 2023, toping off at over $3.80. Gas prices were keep low, and continued on the tread Trump created during the pandemic. It's obvious looking at the numbers that Xiden's policies, like Obama's created high gas prices.

Trump's on month spike,. is due to desperation from the Iranian hardliners U.S. Regular All Formulations Retail Gasoline Prices (Dollars per Gallon)

Gas generally gets more expensive in the summer months. Any Presidents policies can only effect federal lands, Bidens pause on leasing had no effect on production in the USA or on world oil production.

 

[AlexanderPK]

European morons get it for up to €2.5 a liter, which is $11 in your stupid non metric system, and are seemingly asking for more. What's your measly four and a half compared to the kick they get coughing out a hundred plus for a medium-sized tank at a gas station?

 

[Political-Junkie]

I guess I should of been more clear, gas prices remained consistent through the pandemic, there was actually a DIP, during the height of Covid, when people were laid off the most, but was back to normal by the end of the year.

THe major spikes didn't take place until Xiden and the Dems were in power and their policies took hold

Actually, gas rose 35% under Trump after the covid dip. Then another 39% during Biden's first year. It was only because of Russia that gas prices here soared to $5 a gallon on average.

 

[citygator]

Post what? Those numbers of Xiden are horrible....he never got us below 3 dollar a gallon for gas...he maintained high gas prices

Youre just trolling. Enjoy your $5 gas.

 

[struth]

Gas generally gets more expensive in the summer months. Any Presidents policies can only effect federal lands, Bidens pause on leasing had no effect on production in the USA or on world oil production.

You seem confused....I have never suggested there was some sort of shortage of oil....in fact the opposite...we had plenty. The policies impacted consumers at the pump

 

[struth]

Actually, gas rose 35% under Trump after the covid dip. Then another 39% during Biden's first year. It was only because of Russia that gas prices here soared to $5 a gallon on average.

After the Covid dip, gas prices returned to normal levels under Trump.

They spike during Xiden admin, because of his policies, including but not limited to foreign policy

 

[struth]

Youre just trolling. Enjoy your $5 gas.

What Five dollar gas?

 

[RoshawnMarkwees]

It’s just transitory

Unless a democrat becomes president again.

 

[MisterBeale]

It’s just transitory

It won't be if the petroleum infrastructure in the mid-east is obliterated as Trump keeps threatening to do.

 

[Political-Junkie]

After the Covid dip, gas prices returned to normal levels under Trump.

They spike during Xiden admin, because of his policies, including but not limited to foreign policy

Russia invading Ukraine was not a Biden policy.

 

[BlindBoo]

I guess I should of been more clear, gas prices remained consistent through the pandemic, there was actually a DIP, during the height of Covid, when people were laid off the most, but was back to normal by the end of the year.

THe major spikes didn't take place until Xiden and the Dems were in power and their policies took hold

In reality the huge drop in oil prices happened at the start of the Covid Pandemic, and the glut of oil was not all because of the pandemic either. Regardless, oil and gas prices plunged and then there was a steady increase in prices during the rest of 2021.

 

[RoshawnMarkwees]

Russia invading Ukraine was not a Biden policy.

Biden doing nothing to prevent it was.
Biden boycotting Russian oil was.

 

[struth]

Russia invading Ukraine was not a Biden policy.

Sure it was, he froze military aid, not once, but twice, and welcomed a minor incursion....https://www.heritage.org/global-politics/commentary/joe-bidens-minor-incursion-russia-remark-history-proves-it-was-mistake

It should also be noted that even with the sanctions on Russia....when Trump took office in 2025, he got prices down below three dollars.,

 

[struth]

In reality the huge drop in oil prices happened at the start of the Covid Pandemic, and the glut of oil was not all because of the pandemic either. Regardless, oil and gas prices plunged and then there was a steady increase in prices during the rest of 2021.

the drop was minor, and for a short period...just two months, March and April, and it only dropped about 40 cents.