Paid $2.97 for gas! Where are the gas threads??

[Harpy Eagle]

When you consider what it has to go through to become gasoline and how important it is, $2.97 a gallon is cheap.

I guess whether it is cheap or not depends on the circumstance of the one paying for it.

Clearly, 2.97 a gallon is more than this person can afford.

 

[Mr Natural]

I guess whether it is cheap or not depends on the circumstance of the one paying for it.

Clearly, 2.97 a gallon is more than this person can afford.

That’s a shame.

 

[Harpy Eagle]

That’s a shame.

Yes.

Our thoughts and prayers should be sent out to them.

 

[Lesh]

NOPE... price gauging is NOT by anyone. It's because idiots like you believe everything that Kama-mama-chameleon says and she for example has NO idea of what the costs of running a business are.
But of course simpletons like you also have no idea and when dummies like Biden "guarantees to rid fossil fuels"... gas prices go up because the gas companies prices go up. FOR EXAMPLE are you aware that Biden raised the royalty price from

Biden increases oil royalty rate and scales back lease sales on federal lands​

The royalty rate for new leases will increase to 18.75% from 12.5%. That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.

Biden increases oil royalty rate and scales back lease sales on federal lands

The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.

www.npr.org

So not only DID BIDEN raise the costs of producing oil... HE CUT DOWN the opportunities to get more oil from federal lands. AS A RESULT dummy... the prices for drilling on NON-FEDERAL land goes up also!
"Supply and demand" dummy!
Oil and gas production on federal lands and waters currently stands at 2.9 million barrels/day (bpd) of oil and 12.5 billion cubic feet of gas/day.Mar 18, 2021
Nationally, these volumes represent 23.6 percent of daily oil production (national total = 12.2 million bpd in 2019) and 11.2 percent of daily gas production (national total = 111.5 billion cubic feet/day in 2019). Over the past decade, the share of overall U.S. production coming from federal lands and waters has declined.

Course Correction: Federal Oil and Gas Leasing Needs Fixing

Pausing the sale of new federal oil and gas leases gives us a chance to reconsider and fix our broken system of leasing on public lands and federal waters.

www.nrdc.org

Gas prices don’t go up because someone said something.

They go up when demand increases and supply doesn’t match that. They go up when supply decreases but demand doesn’t.

We know supply went up dramatically and demand was about what it has always been..

So it can’t be anything but price gouging

 

[healthmyths]

Gas prices don’t go up because someone said something.

They go up when demand increases and supply doesn’t match that. They go up when supply decreases but demand doesn’t.

We know supply went up dramatically and demand was about what it has always been..

So it can’t be anything but price gouging

Maybe you don't know what the term "price gouging" means.

Price gouging is a pejorative term used to refer to the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair by some.
This commonly applies to price increases of basic necessities after natural disasters. Usually, this event occurs after a demand or supply shock. The term can also be used to refer to profits obtained by practices inconsistent with a competitive free market, or to windfall profits.

Price gouging - Wikipedia

en.wikipedia.org

Now for the FACTS regarding supermarkets.
FACTS:Supermarkets pre-tax profits:2.6%
Now most people like you don't think about the details involved, so here is one:
Question first.. How do the supermarkets get food that they supposedly "price-gouge" you?
Trucking is the most common way to transport food in the United States, comprising about 70% of food and beverage transportation.Aug 1, 2023

Safe and Reliable Food Transportation: A Guide | Flock Freight

Food transportation is one of the most crucial parts of food safety for consumers. Learn about the transportation of food with this comprehensive guide.

www.flockfreight.com

In 2016, the U.S. consumed 60.7 billion gallons of diesel fuel, with roughly two-thirds of that demand coming from on-highway vehicles," A gallon of diesel cost $2.51 in 12/2016.
Today diesel U.S. fuel retail prices in 2024 is: Gasoline – $3.31/gallon. Diesel – $3.92/gallon.Feb 19, 2024

Overnight? Across the Country? Diesel Delivers

The convenience of online ordering and that feeling of Christmas every day when opening your packages are brought to you by diesel fuel.

www.afpm.org

U.S. No 2 Diesel Retail Prices (Dollars per Gallon)

In 2022, distillate (or diesel) fuel consumption (excluding biodiesel and renewable diesel) by the U.S. transportation sector was about 376 million gallons per day or times 6 days a week..
376 million time 312 days or 117,312,000,000 gallons per year an increase of 93% used from 2016 to 2023.
Thus an increase in diesel fuel cost to supermarkets and increase of 93% MORE diesel fuel meant that the
trucking industry saw over $388,302,720,000 in 2024 versus in 2016 $152,357,000,000 or over 254%.
So I kind of think supermarkets saw their cost of goods increase as their suppliers saw their costs increase over 254%!

 

[Lesh]

If supply and demand can’t justify and explain increases in price you’re left with price gouging

No matter how wordy you get

 

[citygator]

And of course you have the data to support your personal, subjective and totally without any substantiation ...PROOF?

If it’s data you want then it’s data I will give you. A recent analysis from the Economic Policy Institute found that from the end of 2019 to the end of 2023, the lowest-paid decile of workers saw their wages rise four times faster than middle-class workers and more than 10 times faster than the richest decile. A recent working paper by Dube and two co-authors reached similar conclusions. Wage gains at the bottom, they found, have been so steep that they have erased a full third of the rise in wage inequality between the poorest and richest workers over the previous 40 years. This finding holds even when you account for the fact that lower-income Americans tend to spend a higher proportion of their income on the items that have experienced the largest price increases in recent years, such as food and gas. “We haven’t seen a reduction in wage inequality like this since the 1940s,” Dube told me.

The U.S. Economy Reaches Superstar Status

No, really.

www.theatlantic.com

 

[JGalt]

If it’s data you want then it’s data I will give you. A recent analysis from the Economic Policy Institute found that from the end of 2019 to the end of 2023, the lowest-paid decile of workers saw their wages rise four times faster than middle-class workers and more than 10 times faster than the richest decile. A recent working paper by Dube and two co-authors reached similar conclusions. Wage gains at the bottom, they found, have been so steep that they have erased a full third of the rise in wage inequality between the poorest and richest workers over the previous 40 years. This finding holds even when you account for the fact that lower-income Americans tend to spend a higher proportion of their income on the items that have experienced the largest price increases in recent years, such as food and gas. “We haven’t seen a reduction in wage inequality like this since the 1940s,” Dube told me.

The U.S. Economy Reaches Superstar Status

No, really.

www.theatlantic.com

 

[healthmyths]

If it’s data you want then it’s data I will give you. A recent analysis from the Economic Policy Institute found that from the end of 2019 to the end of 2023, the lowest-paid decile of workers saw their wages rise four times faster than middle-class workers and more than 10 times faster than the richest decile. A recent working paper by Dube and two co-authors reached similar conclusions. Wage gains at the bottom, they found, have been so steep that they have erased a full third of the rise in wage inequality between the poorest and richest workers over the previous 40 years. This finding holds even when you account for the fact that lower-income Americans tend to spend a higher proportion of their income on the items that have experienced the largest price increases in recent years, such as food and gas. “We haven’t seen a reduction in wage inequality like this since the 1940s,” Dube told me.

The U.S. Economy Reaches Superstar Status

No, really.

www.theatlantic.com

So do you naively think that the minute Biden became president he flipped a switch that saw "workers saw their wages rise four times faster"

Presidency of Joe Biden - Wikipedia

en.wikipedia.org

"Joe Biden for once beat the clock. The 46th president, known for his chronic tardiness, finished reciting his oath of office at 11:49 am EST, eleven minutes before the legal start of his term.

Presidency of Joe Biden - Wikipedia

en.wikipedia.org

Of course you do because you are not a realist!

 

[citygator]

View attachment 1004677

im sorry you are struggling. How can we help? There are lots of job opening, have you tried one?

 

[justoffal]

I thought gas prices were important around here? I guess y’all are just taking for granted the good work Biden and Harris are doing. Thanks Biden!

Amazing energy production and leadership from the Harris / Biden administration. USA USA USA USA USA USA USA USA USA USA

View attachment 1003924

Get back to me when you're paying two bucks.....
However this is still good news.

 

[justoffal]

im sorry you are struggling. How can we help? There are lots of job opening, have you tried one?

That embarrassment psychology doesn't work anymore. People don't have to be struggling to know that they're being ripped off.

 

[Delldude]

I thought gas prices were important around here? I guess y’all are just taking for granted the good work Biden and Harris are doing. Thanks Biden!

Amazing energy production and leadership from the Harris / Biden administration. USA USA USA USA USA USA USA USA USA USA

View attachment 1003924

What's the state tax?

 

[citygator]

What's the state tax?

State tax is an amount that a state adds to a transaction to raise money for the state’s expenses. You’re welcome.

 

[Delldude]

State tax is an amount that a state adds to a transaction to raise money for the state’s expenses. You’re welcome.

Yeah and states like California and many others have huge per gallon gas taxes....so what's your point?

 

[citygator]

Yeah and states like California and many others have huge per gallon gas taxes....so what's your point?

I dont have one. You asked what the tax is, I explained the concept. If you want to know the actually rate google is your friend.

 

[citygator]

That embarrassment psychology doesn't work anymore. People don't have to be struggling to know that they're being ripped off.

If you are being ripped off don’t buy it. That is the power you have as a consumer. The president doesn’t have power over prices, consumers do. If it wasn’t worth the amount you are paying, you wouldn’t pay it.

 

[Delldude]

I dont have one. You asked what the tax is, I explained the concept. If you want to know the actually rate google is your friend.

I don't really care, but ballyhooing your local gas price is somewhat comedic. All states pay the basic per gallon cost before taxes, pretty much, except for manufacturing/transmission costs.
Consider yourself lucky.

 

[para bellum]

Still $4/gallon+ here...

 

[Harpy Eagle]

That embarrassment psychology doesn't work anymore. People don't have to be struggling to know that they're being ripped off.

Yeah, 2.97 a gallon is really being ripped off.

What a bunch of spoiled rotten brats the US has become