$7/gallon gas is coming

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Europeans already pay twice as much as us at the pump. Why shouldn't we feel some pain too? Are we so special? If an increase in gas prices is part of the process of achieving eventual energy independence from Russia, that is in our long-term national security interest, so I am okay with it.

We were energy independent under Trump. Biden changed that in less than a year. Who canceled the Keystone Pipeline? Not Trump for sure....

We can't be responsible for the Germans and their foolish decision to become energy dependent on Russia but we can take care of ourselves, and the previous administration did make the US energy dependent. Biden is the one who threw that away.

It was Trump who made the US dependent on Russian oil when he canceled Venezuela contracts and applied sanctions in 2019. The Trump admin immediately turned around and replaced it with RUSSIAN oil rather than looking elsewhere. That needs to be fixed. And you anti-Biden Trumpsters are morons for not even understanding any of the history. Fck Putin, fck Trump, and fck you too.

Laughable! Trump didn’t do it. The domestic oil companies finally found it financially feasible to do shale.

Oh sorry I misread you PP. disregard.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Europeans already pay twice as much as us at the pump. Why shouldn't we feel some pain too? Are we so special? If an increase in gas prices is part of the process of achieving eventual energy independence from Russia, that is in our long-term national security interest, so I am okay with it.

Why are you so focused on "feeling the pain"? I think you have some serious mental issues, seek help. You are literally all over these forums with the same message and agenda: feel the pain, make sacrifices, pay more. What is your point, exactly? Is this really about Ukraine? Are you bitter you cannot afford a McMansion in DC metro and a gas guzzler SUV to go with it, or something?

Choices have consequences. If you bought the SUV you should be fine with paying more---your McMansion and all. You want all the benefits of privilege without having to spend the actual cost of it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Europeans already pay twice as much as us at the pump. Why shouldn't we feel some pain too? Are we so special? If an increase in gas prices is part of the process of achieving eventual energy independence from Russia, that is in our long-term national security interest, so I am okay with it.

We were energy independent under Trump. Biden changed that in less than a year. Who canceled the Keystone Pipeline? Not Trump for sure....

We can't be responsible for the Germans and their foolish decision to become energy dependent on Russia but we can take care of ourselves, and the previous administration did make the US energy dependent. Biden is the one who threw that away.

It was Trump who made the US dependent on Russian oil when he canceled Venezuela contracts and applied sanctions in 2019. The Trump admin immediately turned around and replaced it with RUSSIAN oil rather than looking elsewhere. That needs to be fixed. And you anti-Biden Trumpsters are morons for not even understanding any of the history. Fck Putin, fck Trump, and fck you too.

Russian oil is a different grade than Venezuelan. American shale is also a different grade. Iranian, Canadian and Saudi oil are the same though.

A renewed peace deal with Iran would seriously eff Russia up.

[Anonymous]

Anonymous wrote:Oil experts now predict that oil could hit $150/Barrell soon with the geopolitical tensions in the world :

https://www.msn.com/en-us/money/markets/here-comes-247-gas-prices-warns-oil-strategist-in-dire-outlook/ar-AATWzAL?ocid=BingNewsSearch

How much more inflation will Americans be able to tolerate? Food and fuel are skyrocketing. Housing costs are skyrocketing. $7/gallon will be the straw that breaks the camel's back. I remember back during 2007 when gas got really expensive and there were tons and tons of problems with thieves punching holes in people's gas tanks. Brace yourselves for history to rest itself. What plans does Biden have? The federal reserve is asleep at the wheel doing nothing to control inflation and has singaled that they're going to do everything possible to prop the stock market up while regular Americans suffer. Biden ended the pipeline, which will look horrendous if gas hits $7/gallon. It is extremely frustrating watching prices at the grocery store, utilities, and to fill up the car go up and up and up.

This is also a consequence of adopting all of the moronic prescriptions by liberal academic economists who preached globalism like it was a religion and they we'd all be better off outsourcing our manufacturing because of some hocus pocus effects of comparative advantage. Yeah, look how well it stretching supply chains all over the planet has worked out now. Not only is it a massive national security risk they we rely on these stupid supply chains for everything, any disruptions send prices skyrocketing. We should have never gutted our manufscitng base because leadership listened to those fools.

It's been that much I'm Europe for years. I have no sympathy for those who buy the gas guzzlers.

[Anonymous]

Accurate

[Anonymous]

It is what it is. The government doesn’t control oil prices. Releasing the reserves is all they can do.

We’ll survive. I’m inspired by the Ukrainians!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Europeans already pay twice as much as us at the pump. Why shouldn't we feel some pain too? Are we so special? If an increase in gas prices is part of the process of achieving eventual energy independence from Russia, that is in our long-term national security interest, so I am okay with it.

Why are you so focused on "feeling the pain"? I think you have some serious mental issues, seek help. You are literally all over these forums with the same message and agenda: feel the pain, make sacrifices, pay more. What is your point, exactly? Is this really about Ukraine? Are you bitter you cannot afford a McMansion in DC metro and a gas guzzler SUV to go with it, or something?

Choices have consequences. If you bought the SUV you should be fine with paying more---your McMansion and all. You want all the benefits of privilege without having to spend the actual cost of it.

I am sure the people who can afford this aren't the ones obsessed with it, it's you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Oil experts now predict that oil could hit $150/Barrell soon with the geopolitical tensions in the world :

https://www.msn.com/en-us/money/markets/here-comes-247-gas-prices-warns-oil-strategist-in-dire-outlook/ar-AATWzAL?ocid=BingNewsSearch

How much more inflation will Americans be able to tolerate? Food and fuel are skyrocketing. Housing costs are skyrocketing. $7/gallon will be the straw that breaks the camel's back. I remember back during 2007 when gas got really expensive and there were tons and tons of problems with thieves punching holes in people's gas tanks. Brace yourselves for history to rest itself. What plans does Biden have? The federal reserve is asleep at the wheel doing nothing to control inflation and has singaled that they're going to do everything possible to prop the stock market up while regular Americans suffer. Biden ended the pipeline, which will look horrendous if gas hits $7/gallon. It is extremely frustrating watching prices at the grocery store, utilities, and to fill up the car go up and up and up.

This is also a consequence of adopting all of the moronic prescriptions by liberal academic economists who preached globalism like it was a religion and they we'd all be better off outsourcing our manufacturing because of some hocus pocus effects of comparative advantage. Yeah, look how well it stretching supply chains all over the planet has worked out now. Not only is it a massive national security risk they we rely on these stupid supply chains for everything, any disruptions send prices skyrocketing. We should have never gutted our manufscitng base because leadership listened to those fools.

It's been that much I'm Europe for years. I have no sympathy for those who buy the gas guzzlers.

who cares about europe? the US is not europe.

[Anonymous]

Anonymous wrote:It is what it is. The government doesn’t control oil prices. Releasing the reserves is all they can do.

We’ll survive. I’m inspired by the Ukrainians!

Releasing the reserves won't do squat.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It is what it is. The government doesn’t control oil prices. Releasing the reserves is all they can do.

We’ll survive. I’m inspired by the Ukrainians!

Releasing the reserves won't do squat.

So what will?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Buy a Tesla and problem solved.

Yeah, because your average household making $65k can afford a $50k car. A car that has all sorts of phantom braking problems recently too. Get out of your insane echo chamber.

Isn’t Elon Musk a MAGA darling?

is Elon aware that they are against charging stations?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is what it is. The government doesn’t control oil prices. Releasing the reserves is all they can do.

We’ll survive. I’m inspired by the Ukrainians!

Releasing the reserves won't do squat.

So what will?

Fracking.

[Anonymous]

Anonymous wrote:It is what it is. The government doesn’t control oil prices. Releasing the reserves is all they can do.

We’ll survive. I’m inspired by the Ukrainians!

Agree

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is what it is. The government doesn’t control oil prices. Releasing the reserves is all they can do.

We’ll survive. I’m inspired by the Ukrainians!

Releasing the reserves won't do squat.

So what will?

Fracking.

Well, apparently US oil producers are ramping up fracking, according to a Reuters article from January of this year. Apparently output was lower last year due to a Covid-related decrease in demand. US gas/oil producers will be "expanding new well completions in the Permian Basin of west Texas and New Mexico, the country's top shale oil field, according to research data."



https://www.reuters.com/business/energy/us-oil-producers-ramp-up-fracking-sign-stronger-output-gains-2022-01-12/

[Anonymous]

Gas jumped from 3.59 to 3.74 in my area.