Gas is up

[Anonymous]

Anonymous wrote:JD Vance: "Look, gas prices are up. And we know they're up, and we know that people are hurting because of it. And we're doing everything we can to ensure they stay lower. This is a temporary blip. Joe Biden ... "

Next thing they will be telling us is to drive slower to conserve gas!

[Anonymous]

Anonymous wrote:Gas is 3.84 national and diesel $5.06

Looking at the numbers. 20 million barrels a day(mbd) are in the gulf. Of that about 7 mbd goes through the east west pipeline. Iran ships out 3.5 million a day. World surplus before this war 2 mbd. The SPRs of a bunch of countries are releasing 3 mbd. So a shortage of about 3.5 mbd.

Before the conflict started oil stock were high because of low prices. World oil stocks before the start of the war was 8,200 million barrels. Most of this is trapped in the gulf and in SPRs. Still there is some stock to get through.

Now if Iran, US or Israel start hitting oil facilities price will really take off. The Iranians are more than capable of hit the east west pipeline. It is over 700 miles longs with no defenses and the world deficit would go from 3.5 mbd to 10.5 mbd over night. If oil fields are hit that locks in the deficit for years.


If this does not end soon gas will be above $5 a gallon. Most likely in the $6-$7 range by late summer. Yipes!

Just remember, as per NEC Director Kevin Hassett, consumer pain over the Iran war is "the least of our concerns right now."

[Anonymous]

Yeah this is not it

[Anonymous]

Anonymous wrote:

Anonymous wrote:JD Vance: "Look, gas prices are up. And we know they're up, and we know that people are hurting because of it. And we're doing everything we can to ensure they stay lower. This is a temporary blip. Joe Biden ... "

Next thing they will be telling us is to drive slower to conserve gas!

Or buy EV's and invest in solar and wind power.

[Anonymous]

Anonymous wrote:Yeah this is not it

Well al least the crowd got to their feet and chanted four more years!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:JD Vance: "Look, gas prices are up. And we know they're up, and we know that people are hurting because of it. And we're doing everything we can to ensure they stay lower. This is a temporary blip. Joe Biden ... "

Next thing they will be telling us is to drive slower to conserve gas!

Or buy EV's and invest in solar and wind power.

Whoa that is crazy talk. Renewable cheap energy just tastes wrong. You can’t run your house or business on cheap renewable electricity.

[Anonymous]

Maybe MAGA secretly supports high gas prices in this way to then force renewable energy to become dominant?

We can only hope they will suddenly TACO and say no more oil, only use renewables

[Anonymous]

Question for Trump supporters-- if you wear the red MAGA hat, do you get a special discount at the pump, like $1.00 off each gallon? I hope for your sake it comes with some benefits.

[Anonymous]

Are we winning yet?

[Anonymous]

Saudi oil fields hit. Usually the oil traders have really good intel. Watch the oil prices. They will tell you how much damage was done.

Guess the Saudis picked the wrong countries to ally with. Israel and US are not reliable.

[Anonymous]

Anonymous wrote:Yeah this is not it

No one in that crowd looks stoked by that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Today’s national average gas price is $1.28 lower than the previous administration’s high.

If true, not for long. Plus the previous administration didn’t start the war that was responsible for the previous administration’s high.

While watching my kid’s sports practice, one of the parents commented on the high price of gas. I know all the people around me were Trump supporters. All were complaining about the over $4.25 were now paying locally. One person has a diesel truck and is paying over $5.

I wanted to scream, “thanks guys, this is on you,” but did not.

It'll be lost on them. They've probably convinced themselves that Sleepy Joe and Hunter Biden conspired to steal the gas price lever from the Oval Office.

Here’s literally a Senator trying to blame this on Biden

Did this man forget that Trump was POTUS before Biden? It's like republicans forget Trump's first FUBAR as POTUS and gave him a redo to FUBAR again.

[Anonymous]

Anonymous wrote:

She's worse than an idiot. She gives idiots a bad name.

[Anonymous]

[Anonymous]

Anonymous wrote:

Check out the price of Heavy Fuel Oil (HFO). Jan 2026 $596 to $1,100 a metric ton. This is used in ships…ie shipping.