National Gas Prices Sink Below $3/Gallon For First Time Since 2021

[Dragonlady]

More winning. Remember how much gas cost thanks to Joe Biden and the Democrats?

You have a very selective memory, and you're counting on others not to know the FACTS.

I remember that in December of 2020, after Trump knew he had lost the election, he signed an Agreement with the Saudi's and OPEC, to REDUCE oil production through 2021, just as the world was getting vaccinated and returning to work. Notice the line "prodded by Trump". Trump screwed over the American people, on purpose.

Oil Nations, Prodded by Trump, Reach Deal to Slash Production (Published 2020)

The deal will reduce output by 9.7 million barrels a day. While significant, the cut falls far short of what is needed to bring oil production in line with demand.

www.nytimes.com

FACT CHECK: Trump Raised Oil Prices on Americans to Bail Out Big Oil By Cutting a Deal with Putin and OPEC | Climate Power

WASHINGTON, D.C. – Donald Trump spouts nonstop lies about energy costs because he can’t defend his own record of intentionally increasing oil prices to bail out his big oil donors. Here are the facts, followed by the footage:

climatepower.us

This was one of a number of "poison pills" Trump left for Biden, but it was effective. The Saudi's did this to help their buddy, Donald Trump, and to hurt Joe Biden, but Biden outsmarted all of them.

Biden sold off the national reserves of crude oil, flooded world markets with American oil and the price of oil plummeted. The US government made a huge profit on the oil they sold, helping the American economy.

Joe Biden, master oil trader

The president has turned volatility into profit

www.economist.com

Biden’s oil boom

How US oil production hit a record under Biden despite climate policies

www.reuters.com

Trump did NOTHING to reduce the price of oil after he returned to office. But this war is already raising the price of gas and oil.

 

[Mashmont]

"The national average price of gasoline dropped below $3 a gallon over the weekend, sinking to their lowest level since 2021. The median U.S. gas price is now $2.83 per gallon, with the national average 6.9 cents cheaper from a month ago and 5.4 cents per gallon lower than a year ago. However, prices vary widely by state, with drivers in Oklahoma paying $2.409 per gallon compared to $4.560 in California.

According to GasBuddy, a handful of gas stations are offering gas under $2 per gallon. That said, diesel prices have seen an even steeper decline, with the national average price of diesel currently standing at $3.72 per gallon, 5.5 cents lower than a week ago.

“Nearly every state saw average gas prices fall heading into Thanksgiving, with the national average dipping below $3 per gallon for several consecutive days–falling to $2.95 per gallon over the weekend, the lowest level since May 2021,’’ said Patrick De Haan, head of petroleum analysis at GasBuddy."

National Gas Prices Sink Below $3/Gallon For First Time Since 2021 | OilPrice.com

The national average price of gasoline dropped below $3 a gallon over the weekend, sinking to their lowest level since 2021

oilprice.com

More winning. Remember how much gas cost thanks to Joe Biden and the Democrats?

More Trump greatness!

 

[Zincwarrior]

Well this thread aged poorly.

 

[Dragonlady]

More Trump greatness!

I love how stupid you are!!! Trump screwed over the American people who voted him out of office by signing that Agreement with the Saudi's to cut oil production, and you call this "Trump greatness".

Sane rational people call Trump's actions which raised oil prices as revenge against the American people who voted him out of office.

The world's largest LNG refinery in Qatar, has been destroyed in the Iranians. Even if the war ends today, that production facility is gone and it will be months, if not years, before it's replaced.

Gas prices went up by nearly 40 cents per gallon yesterday, in Canada. Wait until you see what happens to your gas prices now.

And Canada is now shifting it's oil and LNG sales to Europe and Asia. Trump says you don't need Canada, so I'm sure this will be of no interest to you, even though we supply 25% of your energy imports.

 

[Mashmont]

I love how stupid you are!!! Trump screwed over the American people who voted him out of office by signing that Agreement with the Saudi's to cut oil production, and you call this "Trump greatness".

Sane rational people call Trump's actions which raised oil prices as revenge against the American people who voted him out of office.

The world's largest LNG refinery in Qatar, has been destroyed in the Iranians. Even if the war ends today, that production facility is gone and it will be months, if not years, before it's replaced.

Gas prices went up by nearly 40 cents per gallon yesterday, in Canada. Wait until you see what happens to your gas prices now.

And Canada is now shifting it's oil and LNG sales to Europe and Asia. Trump says you don't need Canada, so I'm sure this will be of no interest to you, even though we supply 25% of your energy imports.

Canada will do what Trump wants. They have to. But really, they need to become a US state. Don't you want to feel what it's like to be on a winning team? I can tell you I have been on cloud nine since this great man was elected. He has brought much prosperity to me and my family.

The guy is like a personal wealth coach. He wants EVERYBODY to be rich like him. He encourages people to be wealthy, tells them how to do it, drawing from his vast personal and business experience, and then he removes barriers to help people become wealthy. Trump is an enormously great resource.

Here is an example. Last April when the market was in an inevitable correction, Trump's advice was "Now is a great time to buy". Leftwingers complained about insider tips which is absurd, but smart people bought stock with both hands. Those who did did very very well.