Please spare us your BS |
Guess you do not understand supply and demand. It is pretty typical for you socialist Trumpists. |
| usually when gas gets cheaper so does everything else, like food. Gas is cheaper now, but nothing else is. So congrats on your cheap gas and your expensive ass everything else. |
+1 |
It's weird...unless you run business with lots of trucks, the amount you spend on gas is really not much in the scheme of a monthly budget. If you drive 1,200 miles per month (that's the high end of the average driver), divided by 26 mpg (low end of the average mpg of cars on the road), that's 46 gallons per month you are buying. Multiply that by $3/gallon, and it's a whopping $138 per month (vs. say $184/month if gas was $4/gallon). So, you are saving on average like at most $46/month, but more like $23/month. Compare that to what you are paying for groceries or going out to dinner or rent or whatever. |
| The oil and gas companies are not happy. Cheap gas means the economy is not doing well. I work for an energy trade. API is not celebrating this. |
Oil companies know it demand is falling.
https://energy-oil-gas.com/news/eia-sees-2026-oil-production-decline-despite-regional-growth/ China is buying oil to put in reserve but their demand is now for petrochemical use. Without this buying oil prices would be a lot lower. US production is most likely at its peak. It is already starting to fall. For the past 5 years the smart capital has fled oil stocks. The world is moving away from oil and gas. |
| Usually when gas is cheaper, it means we are in a recession. |
Show us on the price chart where the wiggly line touched you |
Where are you all shopping? |
Lol |
|
The Trump Recession is just around the corner…
Higher “groceries” Higher electricity costs Nobody can afford to buy a house Thanks, Trump |
And the savings in gas have been more than eaten up by price increases in food. I can limit the amount I drive, I can't limit eating 2-3 meals a day without getting malnourished. |
Dollar store near me is now the $1.50 store. |
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Crude is down to $55/barrel.
That is really low and mostly due to reduced global demand, because most of the world is moving to renewable energy to power their economy. The GOP fetish to align with Russia and Saudi Arabia and be reliant on oil is beyond me other than treason. |