Because the president doesn’t want to! The cost is due to tariffs (which is squeezing American car makers) and catering to a wealthy market (that isn’t your average American), as reported yesterday. |
Cool! Now do average salaries vs. average cost of a single-family home. |
| How much are your groceries, you pathetic lemming? |
Is this your goal in life? To make people you don't know regret their online posts? |
|
Gas should be more expensive! The cheaper it is, the more we ruin our environment
And we've made EVs more expensive. Nothing to be bragging about here. |
Get out of your bubble this isn’t even remotely true. |
| Yay, everyone can spend less on gas while not driving to the jobs they lost thanks to Trump's self-imposed recession. |
| Gas averaged $3.12 a gallon at the end of Biden's term. That $0.12 isn't doing much to offset the spiraling cost of groceries, healthcare, housing, appliances, electricity bills and everything else. |
| Thank you, President Trump! |
|
ideally oil dips below 2 dollars...
..it will mean that texas oil producers are destroyed and Russian and Iranian oil producers are crushed and most likely we are in recession. |
Out of curiosity, why is it necessary to thank President Trump for doing his job? And his job is to watch out for all Americans whether they like him or not. The American Presidency is not a popularity contest. Do you not see how messed up it is you feel the need to put this out there? I’m not even going to touch the gas price issue as you are obviously cherry picking. |
Trump had nothing to do with it. You need to thank the Chinese for EVs, wind power, solar power, battery production, etc. The Chinese have change the oil and gas demand growth curve. Not just in their country but throughout the world. OPEC was counting on the developing countries to follow the model we used with oil and gas. It’s not happening. They are going electric across the board because of the efficiency and cost. Even high production countries like Norway, Saudi, etc are electrifying. China is exporting more green energy systems each month vs what the US exports of LNG each year. It is just so much more efficient. About 2/3 of the energy in a barrel of oil or natural gas is lost when used. While electrical use is 90% efficient. It looks like we have reached peak oil demand and are now on a plateau. The next part is the downward curve. People are saying this is the same curve we saw with the switch from horses to ICE. What we are seeing is a transport and energy technological revolution. China exported 1 million cars in 4 years ago. This year they are set to export 7 million. This is on top of selling 32 million new cars each year in China. The US new car market is 16 million. 70% of oil consumption is cars. Every EV on the road reduces demand for oil. Oh and the US is the highest cost producer of oil and natural gas. When the Saudis and other low cost producers recognize what is happening they will pump as much as they to realize a depreciating asset before it reaches zero. This will drive the high cost producers out of the market because their cause per barrel is $5-$10. The US fracking cause is $75 -$100 per barrel. |
| Ok now do groceries! |
Great, now how about EVERYTHING ELSE? |