Gas Prices Up to $3.25 a Gallon

Well, because you’re confused.

First let me ask you a question...who is “we”? Its going to sound challenging but I don’t mean to.

DO you produce any oil? Me neither. Neither does 360,800,000 of the citizens in our 361,000,000 population. The 200,000 who do work in production don’t work for this “we” you’re talking about. They work for Chevron, Exxon, Texaco, BP/Amoco, Shell, etc... The oil they produce is sold to the highest bidder...not the “we”in the US...unless it makes economic sense for them to sell it here.

I’m not sure the blob knows this and can see the correlation between global commodities and how we’re all drinking from the same milkshake. When there is less milkshake, the price goes up.

The ironic thing is that if we were to nationalize the oil industry and keep the petroleum made by our companies here, gas actually would be cheap. Your 401k would be crap; the economy would be crap, the exploration component of the business would be crap--why explore for more oil if you can’t extort it for profit later on? Socialism from the retail gas view... would be good for the consumer in this case.

Its also important to point out that the retail gas market is a small % of what they want to produce. Jet fuel is much more important.

What the blob should be doing is working with the oil companies to up the % of barrels of oil extracted and imported devoted to retail gas. Up the supply, down goes the price. Conversely, the supply of jet fuel goes down so the price goes up.

But I don’t think he understands even that basic concept.
course I don't but we do get enough oil from the USA for OUR own consumption therefore the price should
remain stable regardless of Iran which we get zero oil
unless saudia arabia suddenly gets in a many war and there oil wells burn which
I doubt, they have more money and our military planes
then this is just a knee jerk reaction

LOL trump is much smarter than you give him credit for, I am sure he is well aware of this
 
It's a global market, which sets the price. Just because we produce a lot doesn't mean we get a break on price. That's where "supply and demand" break down.
yes it's global and yes OPEC can set the price, war in the middle east and they get spooked
same demand, same supply therefore a 50 cent jump should not happen overnight
 
Him mad that his lying ass got called out.
You're the liar. Just some cursory research proves that.

I told you exactly what I paid for gas in Ohio.

Right now at a Speedway near my home, gas is $2.58

That's not even the lowest in the area.

gas price.webp
 
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Because of Trump’s idiotic war… the oil shipping lanes are closed
 
Because of Trump’s idiotic war… the oil shipping lanes are closed
Yes, the shipping lanes are being affected, thanks to the Iranian Regime, or what's left of it. However, let's be honest, those companies are always looking for an excuse to jack the price of oil through the stratosphere. I honestly don't see the prices coming down even if it ends quickly.
 
Because of Trump’s idiotic war… the oil shipping lanes are closed
Leftwingers wanted the brutal dictatorships to survive in Iran and Venezuela. How can people wish such harm to fellow human beings?
 
Leftwingers wanted the brutal dictatorships to survive in Iran and Venezuela. How can people wish such harm to fellow human beings?
We’re a long way from ended “brutal dictatorships “ in either country and it’s gonna cost a LOT
 
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Because of Trump’s idiotic war… the oil shipping lanes are closed
um, this has been something ISRAEL he wanted to do for 40 years but could not
as no US president would back them until trump and now it's getting done

don't blame trump for helping a friend......would you blame your friends for helping you?
 
The last time oil prices broke $100 per barrel was after Russia invaded Ukraine in February 2022. Gasoline prices hit an all-time high of $5.016 per gallon nationally by June.

Brent would surge toward $200 per barrel if Iran succeeded in enforcing a full closure of the Strait by deploying mines, anti-ship missiles and other weapons, said Michael Hsueh, a research analyst at Deutsche Bank, in a Monday note to clients.
 
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