Average Gas Price Hits $4.30 A Gallon

The U.S. nationwide average gas price has climbed to $4.30 per gallon as of Thursday, according to data from the American Automobile Association (AAA), a four-year high, as American drivers feel the squeeze at the pump.

Gas prices rose 7¢ on Thursday, up from $4.23 on Wednesday, according to AAA data. The last time average U.S. gas prices topped $4.15 a gallon was in April 2022, shortly after Russia launched its full-scale invasion of Ukraine.

Gas prices have been rising since the U.S. and Israel's war in Iran began on February 28, when a gallon cost $2.98.


The Supreme Court won't be able to bail you out on that.
Due to the stalemate at the Strait of Hormuz, I doubt the price of gasoline will be dropping to $2/gallon as Trump claimed it was before he started his war with Iran.

Unless Trump concedes to Iran's demands or Trump nukes Tehran and invades Iran, I doubt the prices will even drop before November 2028.

Gasoline, which reached a peak of over $6 a gallon in some States under my predecessor—it was, quite honestly, a disaster—is now below $2.30 a gallon in most States and, in some places, $1.99 a gallon. And when I visited the great State of Iowa just a few weeks ago, I even saw $1.85 a gallon for gasoline.
 
Its now 4:42, once it exceeds 5.01 then it's gone above the dreaded "Biden" level that all the magats here keep telling us about.

View attachment 1250707

View attachment 1250711

59 cents and counting...
So what you are saying, is that even with Iran closing down the Strait, were 25 percent of the world's oil goes through, gas is still cheaper then what Xiden and the Dems gave us?

Wow, that's very telling of just how harmful Dem policies are
 
So what you are saying,
I'm saying that the average price of gas in your contry is 59 cents away from breaking Biden's record (that was nothing to do with Biden).
is that even with Iran closing down the Strait, were 25 percent of the world's oil goes through,

gas is still cheaper then what Xiden
Its 59 cents aways from making Biden's 5:01 look cheap - keep watching.
and the Dems gave us?

Wow, that's very telling of just how harmful Dem policies are
 
I'm saying that the average price of gas in your contry is 59 cents away from breaking Biden's record (that was nothing to do with Biden).
How does Biden's record have nothing to do with Biden? You don't even try to make sense.
 
How does Biden's record have nothing to do with Biden? You don't even try to make sense.

It isn't "Biden's record" it was attributable to the ramp in demand as Covid eased while the supply was reduced.

Whereas this is directly attributable to trump's taking orders from Netanyahu, Make Israel Great Again (even if it does cripple the US consumer).

1777648048671.webp
 
Biden and the Congressional Dems policies were in full force
How did those policies effect US oil Production? Those policies were limited to federal land leasing for future long term development. Besides, US production increased in 2022. They had nothing to do with the world wide supply and demand forces that were driving up the prices prior to the Russian invasion. It's just repeating the same lies and propaganda used in Jan of 2021.
 
It isn't "Biden's record" it was attributable to the ramp in demand as Covid eased while the supply was reduced.

Whereas this is directly attributable to trump's taking orders from Netanyahu, Make Israel Great Again (even if it does cripple the US consumer).

View attachment 1250727
People were returning to work, well before 2022. I am not going to argue that Xiden didn't completely mishandle easy path out of Covid that was laid for him, I agree with you on that point.....but the price skyrocketing, and inflation record, was well after that. Xiden surrendered to Covid in 2021, saying there was no federal solution, not even a year into office.
 
So what you are saying, is that even with Iran closing down the Strait, were 25 percent of the world's oil goes through, gas is still cheaper then what Xiden and the Dems gave us?

Wow, that's very telling of just how harmful Dem policies are
That's not the way I read it. The highest price of gas under Biden was $5.016 June 20222. It was due to a combination of post-pandemic demand, supply chain issues and Trump's good friend Vlad's invasion of Ukraine. By the time Biden left office, the price was down to $3.23.

The way Trump's war in Iran is stalemated, I suspect gas prices will not only exceed Biden's but will exceed Biden's average price of gas for his term ($3.60). Trump's current average is $2.57 but that is increasing daily.


 
How did those policies effect US oil Production? Those policies were limited to federal land leasing for future long term development. Besides, US production increased in 2022. They had nothing to do with the world wide supply and demand forces that were driving up the prices prior to the Russian invasion. It's just repeating the same lies and propaganda used in Jan of 2021.
It didn't, production was up. There was plenty of oil....it was us at the pump that suffered
 
He’s not totally wrong. Oil producers are going to be making a shit ton of money because of this little adventure.

Calling it price gouging is more about morality and less about facts.
You do know that it cost billions of dollars to search, research, drill, extraction method, and refining before that black gooey turns into clear liquid, right?
 
It isn't "Biden's record" it was attributable to the ramp in demand as Covid eased while the supply was reduced.

Whereas this is directly attributable to trump's taking orders from Netanyahu, Make Israel Great Again (even if it does cripple the US consumer).

View attachment 1250727
Once Iran is taken care of, prices will drop. We will have a neutered Iran and lower
gas prices, a win-win for decades to come.
 
You do know that it cost billions of dollars to search, research, drill, extraction method, and refining before that black gooey turns into clear liquid, right?
Which is why we should be thankful it’s as cheap as it is.
 
You do know that it cost billions of dollars to search, research, drill, extraction method, and refining before that black gooey turns into clear liquid, right?
Of course. But you know the cost of that hasn’t dramatically increased in the last month.

But they can sell a barrel of oil for 50-80% more than they could a month ago.
 
That's not the way I read it. The highest price of gas under Biden was $5.016 June 20222. It was due to a combination of post-pandemic demand, supply chain issues and Trump's good friend Vlad's invasion of Ukraine. By the time Biden left office, the price was down to $3.23.

The way Trump's war in Iran is stalemated, I suspect gas prices will not only exceed Biden's but will exceed Biden's average price of gas for his term ($3.60). Trump's current average is $2.57 but that is increasing daily.


Nobody is going to argue that Xiden's failed foreign polices, and failure to simply follow the Covid playbook that was already drawn didn't impact the economy.....but production was way up, Ukraine doesn't supply any oil to anyone.....so blaming them, or claiming supply was down is a lie....moreover people were flooding back to work in 2020....demand didn't surge in June of 2022....the pandemic was over.
 
He’s not totally wrong. Oil producers are going to be making a shit ton of money because of this little adventure.

Calling it price gouging is more about morality and less about facts.
Democrats were unable to ever prove their fable of price gouging.
They tried and failed every time. In fact, Coca Cola made more of a profit
with their beverage than what the oil companies made from a gallon of gas.
 
15th post
Nobody is going to argue that Xiden's failed foreign polices, and failure to simply follow the Covid playbook that was already drawn didn't impact the economy.....but production was way up, Ukraine doesn't supply any oil to anyone.....so blaming them, or claiming supply was down is a lie....moreover people were flooding back to work in 2020....demand didn't surge in June of 2022....the pandemic was over.
There ya go again, BDS has taken over your mind, take a pill.

Rather than fretting over a past president, you'd be better of fretting about the current president, becaue he's the one that matters.
 
That's not the way I read it. The highest price of gas under Biden was $5.016 June 20222. It was due to a combination of post-pandemic demand, supply chain issues and Trump's good friend Vlad's invasion of Ukraine. By the time Biden left office, the price was down to $3.23.

The way Trump's war in Iran is stalemated, I suspect gas prices will not only exceed Biden's but will exceed Biden's average price of gas for his term ($3.60). Trump's current average is $2.57 but that is increasing daily.


You could say Trump is putting Europe in a bind. Buy Tesla after years of demonizing Musk or allow Chinese EVs to enter their market and watch European automakers collapse. By the way, Europeans are sudden in love with Tesla again.
 
You do know that it cost billions of dollars to search, research, drill, extraction method, and refining before that black gooey turns into clear liquid, right?
Correct. Worse, it takes money to shut down the pumps and a lot more money and time to turn them back on. Right now, with the Strait closed, the oil refinery tanks are full, the tankers are full and there's no place else to put the oil so the Arab oil producers are shutting down their pumps.

IF the Strait reopens, it will take a month or more for the tankers to go to their destinations and return to start draining the storage tanks. Lather, rinse, repeat. This is given that Iran doesn't start blowing up Arab oil storage facilities and pumps.

Saudi Arabia has started reducing oil production as the crucial Strait of Hormuz chokepoint remains at a near-standstill, even as the kingdom rushes to boosts exports through an alternative route.

The information on the Saudi cuts, which comes from a person familiar with the operations, follows reductions by other OPEC nations including the United Arab Emirates, Kuwait and Iraq. Analysts estimate Saudi Arabia has larger storage capacity than some of its neighbors, indicating the kingdom may be pre-emptively lowering output to keep oil fields running for longer without having to completely shut them down.
 

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