Why Is Gas So High?

[RGR]

Gas prices are high because it was one of obama's campaign promises. Energy prices would skyrocket and gas should to up to $8.00 to $10.00 a gallon.

wrong! and a lie....katz.

I actually thought there was a good Obama quote, where he said yes, he did want gas prices to be higher. I think I've seen it before. It is a perfectly reasonable desire, albeit politically dangerous to tell Americans.

 

[Katzndogz]

Gas prices are high because it was one of obama's campaign promises. Energy prices would skyrocket and gas should to up to $8.00 to $10.00 a gallon.

wrong! and a lie....katz.

There are too many videos of his interview around of him saying that his policies would cause energy prices to skyrocket.

 

[editec]

Why Is Gas So High?

Fear and greed.

 

[edthecynic]

Gas prices are high because it was one of obama's campaign promises. Energy prices would skyrocket and gas should to up to $8.00 to $10.00 a gallon.

wrong! and a lie....katz.

There are too many videos of his interview around of him saying that his policies would cause energy prices to skyrocket.

You mean HEAVILY EDITED videos! Edited to the point of dishonesty.

What he said that IF energy providers would upgrade to clean technologies they would pass those costs on to the consumers causing energy prices to skyrocket IN THE SHORT TERM, but would SAVE MONEY in the long run!!!!!

 

[Big Fitz]

wrong! and a lie....katz.

There are too many videos of his interview around of him saying that his policies would cause energy prices to skyrocket.

You mean HEAVILY EDITED videos! Edited to the point of dishonesty.

What he said that IF energy providers would upgrade to clean technologies they would pass those costs on to the consumers causing energy prices to skyrocket IN THE SHORT TERM, but would SAVE MONEY in the long run!!!!!

Like your completely honest quotes of Rush, eh?

Meltdown in 3... 2... 1...

 

[the other mike]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Wrong again.

 

[edthecynic]

US crude oil exports hit a record last week at 3.6 million barrels a day

The United States exported a record amount of crude oil last week, as output from the nation's shale fields continues to surge.

www.cnbc.com

US crude oil exports hit a record last week at 3.6 million barrels a day
PUBLISHED THU, FEB 21 201912:01 PM EST

Tom DiChristopher@TDICHRISTOPHER
KEY POINTS

• U.S. crude oil exports hit an all-time high as output from the nation’s shale fields continues to surge.

 

[Polishprince]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its TAXATION that really nails the consumers of gasoline.

Living in Pennsylvania, near the border of Ohio, I can see how PA's confiscatory gasoline taxes affect the prices.

States really need to become more competitive, PA is losing a lot of money as people just cross the border to fill up.

 

[Mr Natural]

Considering what it has to go through to become gas, we should be thankful it doesn’t cost a whole lot more than it does.

 

[justoffal]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

It's getting down to the ugly truth of Government ingress upon our money. At $2.25/gallon you're looking at $1.00 for processing and Transportation, and another $1.00 for Federal, State and local taxes, fees and licenses....something we already should be paying in so many other ways.

The remaining 25 cents is the profit for the oil companies....

JO

 

[Bleipriester]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its high? Ask Trump then, why he banned the largest oil recourse then...

 

[edthecynic]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its high? Ask Trump then, why he banned the largest oil recourse then...

Average gas price when Obama left office was $2.204/gal, gas price under Tramp for 2019, the last year of complete data, was $2.60/gal.
That is a $0.40 Trump TAX on anyone who drives a car.

 

[Bleipriester]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its high? Ask Trump then, why he banned the largest oil recourse then...

Average gas price when Obama left office was $2.204/gal, gas price under Tramp for 2019, the last year of complete data, was $2.60/gal.
That is a $0.40 Trump TAX on anyone who drives a car.

Again, it might have something to do with Trump´s ban of Venezuelan oil.

 

[Wyatt earp]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its high? Ask Trump then, why he banned the largest oil recourse then...

Average gas price when Obama left office was $2.204/gal, gas price under Tramp for 2019, the last year of complete data, was $2.60/gal.
That is a $0.40 Trump TAX on anyone who drives a car.

We don't all live in california with what a 50 cent a gallon tax?

 

[edthecynic]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its high? Ask Trump then, why he banned the largest oil recourse then...

Average gas price when Obama left office was $2.204/gal, gas price under Tramp for 2019, the last year of complete data, was $2.60/gal.
That is a $0.40 Trump TAX on anyone who drives a car.

Again, it might have something to do with Trump´s ban of Venezuelan oil.

But Tramp says we are oil independent!!!
Was he lying as usual?

 

[Bleipriester]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its high? Ask Trump then, why he banned the largest oil recourse then...

Average gas price when Obama left office was $2.204/gal, gas price under Tramp for 2019, the last year of complete data, was $2.60/gal.
That is a $0.40 Trump TAX on anyone who drives a car.

Again, it might have something to do with Trump´s ban of Venezuelan oil.

But Tramp says we are oil independent!!!
Was he lying as usual?

I guess he is lying again. Daily production is 13 million barrel, daily consumption is 20.

 

[justoffal]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its high? Ask Trump then, why he banned the largest oil recourse then...

Average gas price when Obama left office was $2.204/gal, gas price under Tramp for 2019, the last year of complete data, was $2.60/gal.
That is a $0.40 Trump TAX on anyone who drives a car.

At least make an effort not to be a misinformed hellgrammite. The federal government has added absolutely no taxes whatsoever to Gasoline in the past six years at least....the change in price comes from the commodities fluctuations of the markets, the local taxation done by state and sometimes city, and the ever changing cost of refining the product......sooo um....stuff it and get a real education somewhere. Tomatoes change at about the same rate...one week they are 99Cents/lb the next $1.49/pound... Capish sempliciotto?


JO

 

[edthecynic]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its high? Ask Trump then, why he banned the largest oil recourse then...

Average gas price when Obama left office was $2.204/gal, gas price under Tramp for 2019, the last year of complete data, was $2.60/gal.
That is a $0.40 Trump TAX on anyone who drives a car.

At least make an effort not to be a misinformed hellgrammite. The federal government has added absolutely no taxes whatsoever to Gasoline in the past six years at least....the change in price comes from the commodities fluctuations of the markets, the local taxation done by state and sometimes city, and the ever changing cost of refining the product......sooo um....stuff it and get a real education somewhere. Tomatoes change at about the same rate...one week they are 99Cents/lb the next $1.49/pound... Capish sempliciotto?


JO

Hey pinhead, it's supply and demand, you export the supply and you pay more at home. I gave you AVERAGE yearly gas prices and you STUPIDLY cited weekly prices of tomatoes.

 

[Toddsterpatriot]

Again, it might have something to do with Trump´s ban of Venezuelan oil.

What Venezuelan oil?
They produce less than 500,000 barrels a day.

 

[Toddsterpatriot]

The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.

DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT

Gasoline: The next big U.S. export - Dec. 5, 2011

NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.

Its high? Ask Trump then, why he banned the largest oil recourse then...

Average gas price when Obama left office was $2.204/gal, gas price under Tramp for 2019, the last year of complete data, was $2.60/gal.
That is a $0.40 Trump TAX on anyone who drives a car.

Again, it might have something to do with Trump´s ban of Venezuelan oil.

But Tramp says we are oil independent!!!
Was he lying as usual?

I guess he is lying again. Daily production is 13 million barrel, daily consumption is 20.

I guess he is lying again. Daily production is 13 million barrel, daily consumption is 20.

How much of that 20 is exported rather than consumed in the US?

Frequently Asked Questions (FAQs) - U.S. Energy Information Administration (EIA)

www.eia.gov

.