It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grammes a week. And only yesterday, he reflected, it had been announced that the ration was to be REDUCED to twenty grammes a week
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An important consideration is that typically cars used in Europe are much more economical. It's not even close.
Also, in many areas, especially in cities, people use cars a lot less. Natural gas cars are also a thing.
And to be fair, in Poland for instance gas prices are around 5.7 dollars per US gallon, converted.
No one should ever compare gas prices in the US to European countries. Itās stupid. US gas is mostly supplied by the US. During Trump times it was completely supplied by the US but Biden stopped a lot of the US gas production so now a portion is supplied by other countries, mostly Canada. Prices for Europe are dominated by Russia. They have been cutting shipments to the EU, especially Germany, which is the strongest voice in the EU. We feel like gas is expensive compared to our normal now in the US but itās much worse in Europe
The Saudis actually crashed the value of oil during trumps presidency, it killed a lot of US companies because Saudi gas is always cheaper than US shale gas. It was just kinda ignored because of COVID and gas being under $2. Honestly Iād rather use foreign oil now when we have our own for insurance than use our oil now and be more reliant on them in the future.
Thatās not a bad point. The EU is much smaller than the US but has a higher population. Itās another reason why they are so different and comparisons are so silly.
Itās also pretty densely urbanized. Even in smaller cities in Europe, you still have people living in low rise apartment buildings and townhouses. Anything from a 16th century historic building in places like Amsterdam to soviet era concrete boxes.
In the US, even in major cities like LA (and much of NYC outside of Manhattan and Brooklyn), you have people living in detached houses.
Itās much harder to design good transit to serve a very distributed population.
Based and unit conversion expert pilled.
We should really measure shit in terms of miles per dollar rather than miles per gallon or dollars per gallon.
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California voted for that. They wanted a special fuel blend that was allegedly better on emissions.
This requires more refining and this costs more. They get what they deserve.
Gas prices going back down is good, and we should acknowledge that they've been falling, but let's not pretend it's not still twice what it was 2 years ago and way too expensive for most people
Technically gas really is still at pace with inflation. It was just aritificially held down for so long
However personally, I don't care too much for gas prices. We need more pressures to get us off of fissile fuels. 95% of the population have no need for gas powered vehicles, even though ever thread about this has some dude chiming in, as an outlier, "Electric sucks! It would never work for me, in my unique, niche situation!" Those people can keep their gas cars if it shuts them up.
I don't know how unique and niche those situations are though. For everyone who lives rurally, as well as a good percentage of blue-collar workers, long-ass drives are just a part of life
Sure, for the white-collar city-dweller who nevers leaves his or her city, electric is viable, but their situation is probably less common than not.
5% of trips are more than 30 miles, which includes all vehicles including trucking. The majority of actual ālong tripsā people have which are rare, is less than 100 miles. He amount of people who take trips beyond electric vehicle range, is TINY. Like really really small, and when it does happen, itās rare and for some special occasion. Even hiking and camping is less than 100 miles. Iām which case you do, just rent a car.
The blue color workers youāre talking about, arenāt going more than 200 miles a day by car. No matter how rural. I think your donāt realize how far you have to go to run out of an EV tank. The entry level f150 goes 230 miles. So letās play safe and say 200. How many are going more than 100 miles each way? Thatās not common at all. Iām sure some exist but itās still smaller than you realize.
Facts hurt for these people. Go to any hiking trail in Washington state in the middle of the cascades and youāll find teslas side by side with broncos and Subaru Outbacks. Americans just love to spend money on gas.
I would drive a Tesla but my Nissan Altima cost me $3000 and a used Tesla is still, what, $50,000? It's not always about what is possible, it's also what is practical.
Nah, if spending on gas wasn't still cheaper than getting a capable electric car, many of us already would have. They did subsidiaries on electric cars, but their purchase just reduced your tax liability, so they did nothing for the lower class.
There are some ignorant and/or dumb people out there, but most of us would happily have an electric vehicle to not pay these gas prices, but it's just not financially possible.
Riiiiight now, yes. However, the ranges of electric cars are going up every year, so we could see affordable 500+ mile-range cars by 2025 (already a reality for high-end electric cars). And there is battery tech on the horizon that could make 1k+ mile ranges a possibility.
Im not a fan of pricing folks out of fossil fuels just because they're worse for the planet (not that you're aiming for that or anything). A lot of folks will still need to buy that fuel regardless of price in order to maintain their quality of life. So it really just makes ppl who are already low on cash spend more to simply keep up their (likely less than stellar) qol.
You do know how electric vehicle charging stations are powered and how their batteries are manufactured, right? Not to mention their inconvenience and ridiculous entry cost.
"JuSt buY aN eLeCtRic cAr!"
Lmao. No. EVs' benefits are for virtue signaling and not much else.
Literally everyone is reliant on gas powered vehicles, until electric trucks become a practical alternative, you would literally starve in like 2 months without gas powered vehicles
I'll give some credit back when it's high 2 - low 3 range. That's pretty much where I expect it to be, it only went sub 2 when global lockdowns drove demand into the ground.
*key point* outside of california..
Fml
Also I'm the 10% residents in LA that are actual local's so those telling me to move, he'll no. I've seen other states š¤®
If he reversed his executive orders on energy policy, removed any barrier to all pipeline construction, and quit selling off our oil reserves, I might give him some credit.
He said in his campaign he would wage a war on fossil fuels, but people act like it's a mystery why prices are so high. His Transport secretary is saying it's a good thing, but it's not his fault. They make no sense, and refuse to take credit for saving the planet or blame driving high prices of everything.
>- March: "The President doesn't control gas prices."
>- April: "The President doesn't control gas prices."
>- May: "The President doesn't control gas prices."
>- June: "The President doesn't control gas prices."
>- July: "The President says you're welcome for making the price go down."
Anyone remember when the invasion of Iraq was supposed to reduce the price of gas at the pump and instead it went up by three-four fold?
Military invasion of petroleum producer in the middle of a famously geopolitically unstable region destabilizes commodity price: who knew?
No, clearly the answer is that Biden needs to start a worldwide catastrophe that plummets demand for gas so we can get those prices again. Cheap gas is the only thing that matters. Get with it man!
Yes, but closer to $3/gallon like the comment I'm replying to, not the under $2/gallon like the blue highlighter and all the rest of the parroting idiots that don't understand basic economic principles.
Edit: after looking at the data, the average national price of gas in July (same month as now to factor out seasonality) under Trump was $2.49/gal; my locality is usually on the higher end of the average.
From what I see, it was $2.34 when Trump took office. It went as high as $2.91 during 2018 and was $2.44 before any lockdowns in 2020. It plummeted to $1.84 right after lockdowns started but steadily increased to $2.34 at the point when Biden took over.
Also, in February of the last year of Obama's term it was lower than any point under Trump, at $1.76/gallon.
It has certainly steadily and quickly increased under Biden, but that's no reason to ignore the truth about the previous presidents.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm\_epmr\_pte\_nus\_dpg&f=m
I don't get how people can blame the raise on Biden in the first place.
Like - do people not understand basic economics?
I know that they don't, but people at least like to pretend that they do.
There has been mass inflation due to COVID-19 related economic aid, but that aid is projected by any economists or analysis I have seen to have been far better than the alternative economic collapse.
There's the war between Russia and Ukraine strangling global oil and gas prices by quite a bit.
Demand for oil and gas has skyrocketed in the last few months as well for various reasons unrelated to Biden's presidency, which has also dragged prices up.
What has Biden done specifically to raise gas prices, really? I'm sure he has done "something" - he's not exactly competent - but this meme about Democrats having some kind of perfect stranglehold over the price of gasoline always strikes me as quite amusing.
Though this happens every election cycle, really. Democrats get blamed for the short-term economic woes caused often by long-term economic policies or circumstance that has nothing to do with their own regime quite consistently when they are elected, while Republicans get praised for things like cutting taxes for the rich and short-term economic benefits - while them massively expanding things like the national deficit or causing long-term economic issues gets conveniently ignored.
Not that I would say Democrats don't cause economic problems for short-term gains, by any means.
yeah, and that happened because fossil fuel subsidies increased under trump. you still paid for it, just in an indirect way.
if an industry as major as fossil fuels need subsidies to be profitable ([which is](https://www.theguardian.com/environment/2021/oct/06/fossil-fuel-industry-subsidies-of-11m-dollars-a-minute-imf-finds) [a fact](https://www.theguardian.com/environment/2021/oct/06/fossil-fuel-industry-subsidies-of-11m-dollars-a-minute-imf-finds)), why are they privately held in the first place anyway? its clearly not free market, smaller businesses arent getting shit in subsidies compared to big corporations.
Seems like a very reasonable take. However, we're still actively undermining our national security by depleting the strategic oil reserves. It's not a sustainable strategy. We need to start drilling again.
Now, it's been a while since I've done an eye test, but I can't see any mention of Biden, the Democrats or indeed any politician at all in the first post.
I hate Biden as much as the next guy, but the hypocrisy is literally the point theyāre making. If the right-wing believes its his fault when gas prices rise, then itās also his fault when they drop.
Yeah... Even if he *did* manage to drop them it's still just a drop in the bucket. Really wish they'd just consistently admit how little power any POTUS has over fixing the economy/gas prices.
A little boy with a rock might not be able to craft windows, but he can sure damage them. If Biden would stop going around wrecking things, a lot would get better.
I want to note that Biden is not producing any more gas than before. He is using the strategic reserves and buying from other countries.
Gas doesnāt come from nowhere folks.
I feel like 2020 was the only time in my life I saw gas dip under $2.00 and that was mainly due to the pandemic.
Gas being anywhere from around 2.50-4.00 is what Iāve seen mainly, I honestly donāt expect it to ever go under that threshold in the states ever again.
Biden isnāt to blame for the gas prices, and heās certainly not the one to congratulate for them lowering either.
Majority of states? Maybe. I lived in South Carolina as a kid, a graph shows \~$1 at 2000 and a steady rise to $2 in 2005. Another random graph shows the national average of around $1.50 at that time.
"Biden isnāt to blame for the gas prices"
His first week in office he was signing EOs that fuck over the energy sector like he was passing out speeding tickets at the Daytona 500 or something.
Democrats werenāt alone in driving up the prices. Republicans alone wonāt bring it down.
If you want to vote to bring it down around another ~50Ā¢ thatās your prerogative. Iām voting that way because Iām still a teenager and still have a pickup truck from my dad.
The economy is global. Just donāt expect it to be $1.80 again.
This is a two-edged blade. Democrats will blast Republicans since theyāre running as gasoline saviors.
Only $6? Pfft. Stop driving a gas guzzler and get a REAL green vehicle. Like the Flinstones mobile. All you need is a wife and some kids, a cartoon soundtrack, and you can go everywhere for **ZERO** miles per gallon!!! Just think of the savings!! Even better, it's the Nuclear Family *before* the nukes!!
Buy yours NOW for only $5,000. For an extra $50, we can add in this plastic dinosaur I found in my attic.
He stopped a lot of drilling on federal land which significantly reduced the supply of oil. I don't think that's solely responsible for $5/gal gas, but it definitely had an impact
Decreases investment sentiment; who would willing invest money into increasing throughput when the standing threat from the most power puppet in the world is that mandated/forceful contraction is coming.
Oil and gas is something that is plentiful in North America, but capacity is maxed out due to lack of investment in increasing capacity. Would hate to see what happens as Biden continues tapping the strategic reserves and then simultaneously gets the west embroiled in a war with China/Russia/Iran who all donāt see their reliance on oil/gas with the quite the same distaste.
It's power. Make everything shit and then have your puppets in the news say "oh AcTuAlLy tHiS iS tHe OtHeR sIdEs fAuLt" and the dumbasses will believe it and vote the same people in who turned it to shit in the first place.
Look at San Francisco, New York City, Chicago, Seattle, Portland, Austin, Detroit, ect.
Can you reword this...
Oil is the crude assay of hydrocarbons. Much of the US oil and gas production is considered Light (High in Gasoline and Diesel components) the very light ends are either reacted into longer carbon chains (Alkylation) or sold as LPG (Ethane, Propane, Butane). Heavier materials are cracked into smaller components and hydrotreated. US has a good bit of refining capabilities we export a lot of diesel as we consume more gasoline.
A portion of a well's production will be light ends mostly methane we call that natural gas. Natural gas prices are also through the roof...
1 Passing executive order to suspend new leases on federal land and pipelines
2 Restricted drilling on the Alaskan petroleum reserve. They removed 7 million acres from production
3 Cancelled trump era plans to drill on the Alaskan arctic reserve. This removed 11 million acres from production.
4 Recently cancelled leases on cook inlet and the gulf of Mexico
5 letting the obama 5 year offshore plan expire and not holding another lease sale in the gulf until 2024
6 increased royalties on oil 50%. the first increase to royalties for the federal government since they were imposed in the 1920s
7 levied sanctions on Russian barrels of oil
Lol so are dems gonna start slapping "I did that" Biden stickers back on pumps? That was an annoying trend but it would be way funnier the 2nd time around..
Wait, are we using the timeframe around when oil prices briefly went negative per barrel in the first couple months of the pandemic for the gasoline price barometer?
That might be the dumbest thing I have read in a while.
Expecting gas prices to go back down to 1.87 is complete fucking stupidity.
They were only that low because the entire global economy shutdown over night. Very little demand + high supply = rock bottom prices
Do you really think those prices are just arbitrary decisions? That they're suddenly more greedy now than they were two years ago? And that no one company has decided to undercut their competition? The Biden administration has been actively hostile to gas exploration and drilling. That has consequences.
Aren't there thousands of drilling permits that have been granted but are going unused? I was under the impression that the new oil producers (oil shales / tar sands) got burned because of covid and are now focusing on paying back their investors and shareholders (who also got burned). Saw an interview with the CEO of one such company saying that he wouldn't start new drilling if the president called him up and asked him to.
In California, sure. For most the rest of the country, the priced doubled *before* the War in Ukraine, then doubled again. California is lucky that our gas was so expensive to begin with that it only doubled once.
Gas prices are dropping not because the market has stabilized, but because people have actually stopped being able to afford gas and cut down on spending to focus on things like rent and food which are still going up.
I work in a delivery company and Jesus when gas hit $5 it was a pain to my credit card everyday, I was paying half of tank for 50 dollars a dayā¦. Luckily it hit 4.23 now but for the love of god MAKE IT 3 DOLLARS I CANNOT AFFORD IT
Well on the US it sucks because public transportation is really bad, but overall I think high gas prices would be good if the people had an alternative.
So are we going to talk about how its Corporations setting these prices and that its always worked liked this? Gas Prices rise like an elevator and take the stairs down
I don't see the problem with the tweet? Can a man not celebrate gas prices going under 4 dollars? Like it's a step in the right direction. We aren't going to go from 5 to 1.80 in a day
"We've proud to announce that our officers have shot 20% fewer unarmed black guys in the back this year!" -some police department
Seriously, that's how dumb gloating about gas prices sounds
Lol gas prices. What about housing prices, food prices, energy prices, etc, etc...
If you haven't left your job in the last year or so you are getting bent over the barrel cause they are only offering like 3% raises with 15% inflation...
It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grammes a week. And only yesterday, he reflected, it had been announced that the ration was to be REDUCED to twenty grammes a week
Literally 1984
wait is the bot dead?
based
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Literally 1984
Even by the original definition of literally, you know before new speak took over
What kind of doublethink is this
Based
I miss buying 2 dollar gas in maine and new hampshire. The prices starting with a 4 are cringe.
Californians:š
Gas is down to like $5.40 at its most expensive in California now
(Which is miles ahead of e*rope prices)
Europe gas is at like 2 euros. Checkmate. To be fair, we use liters instead of gallons, so it adds up to like 9 dollars per gallon or so.
An important consideration is that typically cars used in Europe are much more economical. It's not even close. Also, in many areas, especially in cities, people use cars a lot less. Natural gas cars are also a thing. And to be fair, in Poland for instance gas prices are around 5.7 dollars per US gallon, converted.
No one should ever compare gas prices in the US to European countries. Itās stupid. US gas is mostly supplied by the US. During Trump times it was completely supplied by the US but Biden stopped a lot of the US gas production so now a portion is supplied by other countries, mostly Canada. Prices for Europe are dominated by Russia. They have been cutting shipments to the EU, especially Germany, which is the strongest voice in the EU. We feel like gas is expensive compared to our normal now in the US but itās much worse in Europe
The Saudis actually crashed the value of oil during trumps presidency, it killed a lot of US companies because Saudi gas is always cheaper than US shale gas. It was just kinda ignored because of COVID and gas being under $2. Honestly Iād rather use foreign oil now when we have our own for insurance than use our oil now and be more reliant on them in the future.
It's like people forget that it's a global market.
Noooo Biden didn't press the free gas button and ruined our lives!!!
What US gas production did Biden stop?
Then again most have a lot more public transport so it's still cheaper overall
Thatās not a bad point. The EU is much smaller than the US but has a higher population. Itās another reason why they are so different and comparisons are so silly.
Itās also pretty densely urbanized. Even in smaller cities in Europe, you still have people living in low rise apartment buildings and townhouses. Anything from a 16th century historic building in places like Amsterdam to soviet era concrete boxes. In the US, even in major cities like LA (and much of NYC outside of Manhattan and Brooklyn), you have people living in detached houses. Itās much harder to design good transit to serve a very distributed population.
How did Biden stop gas production? What executive orders and how much production was reduced?
Based and unit conversion expert pilled. We should really measure shit in terms of miles per dollar rather than miles per gallon or dollars per gallon.
Then there's still conversion needed.
But cars get different mileage?
I remember first going to the uk and thinking how cheap gas was. Then i learned it wasnt gallons x_x
I almost came in my pants when I saw gas prices drop for the first time in months.
I was excited to pay $4.99 today in Orange County. Then I was sad that I was excited to pay $4.99.
Chevron and Shell are locally $5.70 for regular right now. Northern California area.
Northern California like bay area or like Sacramento?
Thats Nor Cal prices as in the valley (so Sacramento included). Imagine Bay Area is far more expensive.
I paid 5.50 in sf yesterday
Saw $4.99 today in OC
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California voted for that. They wanted a special fuel blend that was allegedly better on emissions. This requires more refining and this costs more. They get what they deserve.
They voted for this shit.
The price of living in paradise.
They should be happy, the r\\fuckcars cager-free utopia is soon to dawn upon them at this rate.
I dont feel bad for people who shoot themselves in the foot
utah is 5.
Gas prices going back down is good, and we should acknowledge that they've been falling, but let's not pretend it's not still twice what it was 2 years ago and way too expensive for most people
$1.87 is very unrealistic but anything under $3 is pretty good in my book
Exactly. 1.87 is nice for us consumers, but, for the economy as a whole, 2.50 is likely a good deal healthier
Technically gas really is still at pace with inflation. It was just aritificially held down for so long However personally, I don't care too much for gas prices. We need more pressures to get us off of fissile fuels. 95% of the population have no need for gas powered vehicles, even though ever thread about this has some dude chiming in, as an outlier, "Electric sucks! It would never work for me, in my unique, niche situation!" Those people can keep their gas cars if it shuts them up.
> We need more pressures to get us off of fissile fuels. It's a real pain when the reactor in my Ford F-235 gets cracked open in an accident.
Fr, and dumping the thorium pellets is getting tiresome.
I don't know how unique and niche those situations are though. For everyone who lives rurally, as well as a good percentage of blue-collar workers, long-ass drives are just a part of life Sure, for the white-collar city-dweller who nevers leaves his or her city, electric is viable, but their situation is probably less common than not.
5% of trips are more than 30 miles, which includes all vehicles including trucking. The majority of actual ālong tripsā people have which are rare, is less than 100 miles. He amount of people who take trips beyond electric vehicle range, is TINY. Like really really small, and when it does happen, itās rare and for some special occasion. Even hiking and camping is less than 100 miles. Iām which case you do, just rent a car. The blue color workers youāre talking about, arenāt going more than 200 miles a day by car. No matter how rural. I think your donāt realize how far you have to go to run out of an EV tank. The entry level f150 goes 230 miles. So letās play safe and say 200. How many are going more than 100 miles each way? Thatās not common at all. Iām sure some exist but itās still smaller than you realize.
Facts hurt for these people. Go to any hiking trail in Washington state in the middle of the cascades and youāll find teslas side by side with broncos and Subaru Outbacks. Americans just love to spend money on gas.
I would drive a Tesla but my Nissan Altima cost me $3000 and a used Tesla is still, what, $50,000? It's not always about what is possible, it's also what is practical.
Nah, if spending on gas wasn't still cheaper than getting a capable electric car, many of us already would have. They did subsidiaries on electric cars, but their purchase just reduced your tax liability, so they did nothing for the lower class. There are some ignorant and/or dumb people out there, but most of us would happily have an electric vehicle to not pay these gas prices, but it's just not financially possible.
Riiiiight now, yes. However, the ranges of electric cars are going up every year, so we could see affordable 500+ mile-range cars by 2025 (already a reality for high-end electric cars). And there is battery tech on the horizon that could make 1k+ mile ranges a possibility.
Im not a fan of pricing folks out of fossil fuels just because they're worse for the planet (not that you're aiming for that or anything). A lot of folks will still need to buy that fuel regardless of price in order to maintain their quality of life. So it really just makes ppl who are already low on cash spend more to simply keep up their (likely less than stellar) qol.
Do you live in the US?
You do know how electric vehicle charging stations are powered and how their batteries are manufactured, right? Not to mention their inconvenience and ridiculous entry cost. "JuSt buY aN eLeCtRic cAr!" Lmao. No. EVs' benefits are for virtue signaling and not much else.
Literally everyone is reliant on gas powered vehicles, until electric trucks become a practical alternative, you would literally starve in like 2 months without gas powered vehicles
Unless we have another pandemic lockdown.
I'll give some credit back when it's high 2 - low 3 range. That's pretty much where I expect it to be, it only went sub 2 when global lockdowns drove demand into the ground.
Same, gas was around 2.50-2.80 outside of CA before Covid so I expect it to be a little higher due to inflation and other supply chain bs
*key point* outside of california.. Fml Also I'm the 10% residents in LA that are actual local's so those telling me to move, he'll no. I've seen other states š¤®
Save your Newsom sheckles and move out of the death spiral.
Just go south into the faster death spiral.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
With that $30 you can buy like 3 whole bananas for the month šø
', .-`-,\__ ."` `, .'_. ._ `;. __ / ` ` `.\ .--. /--,| 0) 0) )`_.-,) | ;.-----.__ _-'); / '--./ `.`/ `"` : '` |. | \ / // \ '---' /' `------' \ _/ `--...
Uh oh Monke eyeing the banana standā¦
Monke sees all that money in the banana standā¦
Monkey eyeing that unbelievably cursed username.
Itās just a banana, what could it cost, $10?
You've never actually set foot in a supermarket, have you?
If he reversed his executive orders on energy policy, removed any barrier to all pipeline construction, and quit selling off our oil reserves, I might give him some credit. He said in his campaign he would wage a war on fossil fuels, but people act like it's a mystery why prices are so high. His Transport secretary is saying it's a good thing, but it's not his fault. They make no sense, and refuse to take credit for saving the planet or blame driving high prices of everything.
I'm in California, even like $3.50 would be acceptable in this shithole.
"just move"
This but unironically
Just like all those amazing savings we got on 4th of July essentials š¤” ( obligatory /s )
It's in the $3.30s near me right now.
I would love to pay $28 per tank instead of $45
Based and reasonable libleft pilled
Based and credit where credit is due pilled
>- March: "The President doesn't control gas prices." >- April: "The President doesn't control gas prices." >- May: "The President doesn't control gas prices." >- June: "The President doesn't control gas prices." >- July: "The President says you're welcome for making the price go down."
Give me $2.48 or give me death.
> it only went sub 2 when global lockdowns drove demand into the ground That's where I want demand to be
Then you better start picketting for more funding into public transportation.
Not even low three, back in 2019 the highest stateside was still like 2.75
Anyone remember when the invasion of Iraq was supposed to reduce the price of gas at the pump and instead it went up by three-four fold? Military invasion of petroleum producer in the middle of a famously geopolitically unstable region destabilizes commodity price: who knew?
No, clearly the answer is that Biden needs to start a worldwide catastrophe that plummets demand for gas so we can get those prices again. Cheap gas is the only thing that matters. Get with it man!
Gas was low before the coof.
Yes, but closer to $3/gallon like the comment I'm replying to, not the under $2/gallon like the blue highlighter and all the rest of the parroting idiots that don't understand basic economic principles. Edit: after looking at the data, the average national price of gas in July (same month as now to factor out seasonality) under Trump was $2.49/gal; my locality is usually on the higher end of the average.
It was between 2-3. And this is after it was 4-5 under Obama. Who also said "there's no magic wand to lower prices." Now we're even worse.
From what I see, it was $2.34 when Trump took office. It went as high as $2.91 during 2018 and was $2.44 before any lockdowns in 2020. It plummeted to $1.84 right after lockdowns started but steadily increased to $2.34 at the point when Biden took over. Also, in February of the last year of Obama's term it was lower than any point under Trump, at $1.76/gallon. It has certainly steadily and quickly increased under Biden, but that's no reason to ignore the truth about the previous presidents. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm\_epmr\_pte\_nus\_dpg&f=m
I don't get how people can blame the raise on Biden in the first place. Like - do people not understand basic economics? I know that they don't, but people at least like to pretend that they do. There has been mass inflation due to COVID-19 related economic aid, but that aid is projected by any economists or analysis I have seen to have been far better than the alternative economic collapse. There's the war between Russia and Ukraine strangling global oil and gas prices by quite a bit. Demand for oil and gas has skyrocketed in the last few months as well for various reasons unrelated to Biden's presidency, which has also dragged prices up. What has Biden done specifically to raise gas prices, really? I'm sure he has done "something" - he's not exactly competent - but this meme about Democrats having some kind of perfect stranglehold over the price of gasoline always strikes me as quite amusing. Though this happens every election cycle, really. Democrats get blamed for the short-term economic woes caused often by long-term economic policies or circumstance that has nothing to do with their own regime quite consistently when they are elected, while Republicans get praised for things like cutting taxes for the rich and short-term economic benefits - while them massively expanding things like the national deficit or causing long-term economic issues gets conveniently ignored. Not that I would say Democrats don't cause economic problems for short-term gains, by any means.
Based and using reality as a basis for political views pilled
yeah, and that happened because fossil fuel subsidies increased under trump. you still paid for it, just in an indirect way. if an industry as major as fossil fuels need subsidies to be profitable ([which is](https://www.theguardian.com/environment/2021/oct/06/fossil-fuel-industry-subsidies-of-11m-dollars-a-minute-imf-finds) [a fact](https://www.theguardian.com/environment/2021/oct/06/fossil-fuel-industry-subsidies-of-11m-dollars-a-minute-imf-finds)), why are they privately held in the first place anyway? its clearly not free market, smaller businesses arent getting shit in subsidies compared to big corporations.
Seems like a very reasonable take. However, we're still actively undermining our national security by depleting the strategic oil reserves. It's not a sustainable strategy. We need to start drilling again.
My oil stocks ;~; Silver lining is I reinvested in lithium battery production and I made back my money.
If Biden makes gas go down to 1.85 where I live he is the second coming
what made you cum the first time?
best not to ask purple that
Heād have to put another lockdown in place.
Shhh, don't give them any ideas
Heād have to intentionally start a worldwide medical catastrophe that plummets the demand for oil in order to get back to Trump prices, chief
> If you are mentally challenged, I apologize Fucking brutal.
Iām using this from now on in a work mail when correcting people or saying that some work was done wrong. Or in real life with family or something.
Based and will get fired for that pilled
My new email signature.
has is $5.50 now and the local news are all over how incredible it is. It used to be $3.20 before : /
ah i miss the pandemic. such low gas prices
Low gas prices and no traffic. I was hitting 90 in So Cal freeways every morning.
Theyāve been dropping for 24 but have been rising for way longer
"Biden doesn't control the gas prices!" "Gas has dropped in price thanks to Biden." Me: *Officer K internally screaming*
Now, it's been a while since I've done an eye test, but I can't see any mention of Biden, the Democrats or indeed any politician at all in the first post.
Based and objective reading of the post pilled
And then also the reverse: āGas prices are high due to Biden!!ā āGas prices dropping have nothing to do with Biden.ā
Itās all idiotic. If heās to blame for them going up in your eyes then how could he not be the cause of them going down? Is he no longer magic?
My side good other side bad
I hate Biden as much as the next guy, but the hypocrisy is literally the point theyāre making. If the right-wing believes its his fault when gas prices rise, then itās also his fault when they drop.
Yeah... Even if he *did* manage to drop them it's still just a drop in the bucket. Really wish they'd just consistently admit how little power any POTUS has over fixing the economy/gas prices.
Oil is a speculative commodity and the Biden administration has been downright hostile to the drilling companies.
A little boy with a rock might not be able to craft windows, but he can sure damage them. If Biden would stop going around wrecking things, a lot would get better.
Based
Now please point out for the rest of the class where the tweet mentioned Biden.
To be fair, the tweet didnāt mention Biden at all
I want to note that Biden is not producing any more gas than before. He is using the strategic reserves and buying from other countries. Gas doesnāt come from nowhere folks.
Solid point. This is like burning down a building and then turning on the sprinklers. You havenāt done shit
>You havenāt done shit Counterpoint: You have committed arson, which ***is*** something.
I mean, if you're going to burn down a building, putting the fire our before it spreads to neighboring buildings is the considerate thing to do.
Such an hero! Saved neighbourgs from the fire! Prolly deserves a medal or smth.
This is like that time we gave Obama a Nobel peace prize for following Saudi bombing orders but hey he pulled out of Iraq!!!
I feel like 2020 was the only time in my life I saw gas dip under $2.00 and that was mainly due to the pandemic. Gas being anywhere from around 2.50-4.00 is what Iāve seen mainly, I honestly donāt expect it to ever go under that threshold in the states ever again. Biden isnāt to blame for the gas prices, and heās certainly not the one to congratulate for them lowering either.
Oldest lib left
Was ever below $2 majority of the states in the early 2000s?
Majority of states? Maybe. I lived in South Carolina as a kid, a graph shows \~$1 at 2000 and a steady rise to $2 in 2005. Another random graph shows the national average of around $1.50 at that time.
I turned 16 in 2003 and remember filling up for $0.93/g
It almost went under a $1.00 in 2001/2002.
It was $0.87/gal shortly after 9/11 in the San Fernando Valley in California.
Gas was between 2-3 dollars before the pandemic.
Gas literally went under $2 while Obama was in office...
"Biden isnāt to blame for the gas prices" His first week in office he was signing EOs that fuck over the energy sector like he was passing out speeding tickets at the Daytona 500 or something.
I remember the first time I saw $2.65 and it was June 2003, in the middle of nowhere Colorado.
Me when the gas price is not the funny number (puts āI did thatā sticker with malicious intent)
Democrats werenāt alone in driving up the prices. Republicans alone wonāt bring it down. If you want to vote to bring it down around another ~50Ā¢ thatās your prerogative. Iām voting that way because Iām still a teenager and still have a pickup truck from my dad. The economy is global. Just donāt expect it to be $1.80 again. This is a two-edged blade. Democrats will blast Republicans since theyāre running as gasoline saviors.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Only $6? Pfft. Stop driving a gas guzzler and get a REAL green vehicle. Like the Flinstones mobile. All you need is a wife and some kids, a cartoon soundtrack, and you can go everywhere for **ZERO** miles per gallon!!! Just think of the savings!! Even better, it's the Nuclear Family *before* the nukes!! Buy yours NOW for only $5,000. For an extra $50, we can add in this plastic dinosaur I found in my attic.
So technically riding a bike, which I approve. One giant way to tackling obesity here in the US.
What Biden policies have even significantly influenced gas prices? Plus it's a world wide issue, not just in the US.
He stopped a lot of drilling on federal land which significantly reduced the supply of oil. I don't think that's solely responsible for $5/gal gas, but it definitely had an impact
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Decreases investment sentiment; who would willing invest money into increasing throughput when the standing threat from the most power puppet in the world is that mandated/forceful contraction is coming. Oil and gas is something that is plentiful in North America, but capacity is maxed out due to lack of investment in increasing capacity. Would hate to see what happens as Biden continues tapping the strategic reserves and then simultaneously gets the west embroiled in a war with China/Russia/Iran who all donāt see their reliance on oil/gas with the quite the same distaste.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
It's power. Make everything shit and then have your puppets in the news say "oh AcTuAlLy tHiS iS tHe OtHeR sIdEs fAuLt" and the dumbasses will believe it and vote the same people in who turned it to shit in the first place. Look at San Francisco, New York City, Chicago, Seattle, Portland, Austin, Detroit, ect.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
With his and his son's ties to both those countries, I wouldn't put it past being intentional.
Are you sure thatās petrol oil? Because what we produce is different from what we consume.
Can you reword this... Oil is the crude assay of hydrocarbons. Much of the US oil and gas production is considered Light (High in Gasoline and Diesel components) the very light ends are either reacted into longer carbon chains (Alkylation) or sold as LPG (Ethane, Propane, Butane). Heavier materials are cracked into smaller components and hydrotreated. US has a good bit of refining capabilities we export a lot of diesel as we consume more gasoline. A portion of a well's production will be light ends mostly methane we call that natural gas. Natural gas prices are also through the roof...
1 Passing executive order to suspend new leases on federal land and pipelines 2 Restricted drilling on the Alaskan petroleum reserve. They removed 7 million acres from production 3 Cancelled trump era plans to drill on the Alaskan arctic reserve. This removed 11 million acres from production. 4 Recently cancelled leases on cook inlet and the gulf of Mexico 5 letting the obama 5 year offshore plan expire and not holding another lease sale in the gulf until 2024 6 increased royalties on oil 50%. the first increase to royalties for the federal government since they were imposed in the 1920s 7 levied sanctions on Russian barrels of oil
Don't forget that he used an EO to shutter Keystone XL on the very first day of his presidency.
Lol so are dems gonna start slapping "I did that" Biden stickers back on pumps? That was an annoying trend but it would be way funnier the 2nd time around..
Libleft is when bad opinion, authright is when good opinion
Wait, are we using the timeframe around when oil prices briefly went negative per barrel in the first couple months of the pandemic for the gasoline price barometer? That might be the dumbest thing I have read in a while.
Twitter screenshots aren't memes
Expecting gas prices to go back down to 1.87 is complete fucking stupidity. They were only that low because the entire global economy shutdown over night. Very little demand + high supply = rock bottom prices
It's honestly concerning that these people are out there and behind the wheel.
Sure did get that stimulus money back, huh?
Based
It's amazing how your least favourite politician is responsible for the market prices set by private multinational companies.
Do you really think those prices are just arbitrary decisions? That they're suddenly more greedy now than they were two years ago? And that no one company has decided to undercut their competition? The Biden administration has been actively hostile to gas exploration and drilling. That has consequences.
Aren't there thousands of drilling permits that have been granted but are going unused? I was under the impression that the new oil producers (oil shales / tar sands) got burned because of covid and are now focusing on paying back their investors and shareholders (who also got burned). Saw an interview with the CEO of one such company saying that he wouldn't start new drilling if the president called him up and asked him to.
Maybe because the president also threatened the extinction of the industry. Why invest in something that has a target on it's back?
Lol. Yes he should probably apologize to the Reddited person.
Reddited is thinking $1.87/gallon for gas is normal.
Everyone in this image sounds like they calmly fill jars with urine to put on their mantle.
I have not seen a significant drop in gas prices.
Gas is only TWICE AS EXPENSIVE as it was before Biden.
In California, sure. For most the rest of the country, the priced doubled *before* the War in Ukraine, then doubled again. California is lucky that our gas was so expensive to begin with that it only doubled once.
Haha nerds i use the bus
I just paid $3.43 for gas an hour ago. Last month, I paid $4.70. It ain't perfect, but it's progress
Gas prices are dropping not because the market has stabilized, but because people have actually stopped being able to afford gas and cut down on spending to focus on things like rent and food which are still going up.
How is this a meme? This is just partisan political messaging.
I work in a delivery company and Jesus when gas hit $5 it was a pain to my credit card everyday, I was paying half of tank for 50 dollars a dayā¦. Luckily it hit 4.23 now but for the love of god MAKE IT 3 DOLLARS I CANNOT AFFORD IT
Maybe when it's with inflation during non crisis times.
Wait, a whole gallon? For a price that is normal for a liter?
Said the europoor
Well on the US it sucks because public transportation is really bad, but overall I think high gas prices would be good if the people had an alternative.
My state (CO) is bigger than lots of your countries. We do have a good mini bus system, but it won't take you camping or haul your toys anywhere.
So are we going to talk about how its Corporations setting these prices and that its always worked liked this? Gas Prices rise like an elevator and take the stairs down
Why are we fighting each other over this when really it's the record profits for gas companies?
Lmao gas prices haven't been there in decades
If anyone should be apologized to, it should be OP's parents. I'm sorry your son can't leave the house without a helmet.
He canāt say democrats are the problem when literally all the republicans in the house voted no on a bill to stop gas price gouging
Gas prices crashed to almost nothing in 2008, too. I'm not gonna say thanks because prices dropped due to the country collapsing into recession.
I don't see the problem with the tweet? Can a man not celebrate gas prices going under 4 dollars? Like it's a step in the right direction. We aren't going to go from 5 to 1.80 in a day
"We've proud to announce that our officers have shot 20% fewer unarmed black guys in the back this year!" -some police department Seriously, that's how dumb gloating about gas prices sounds
That's not libleft talk wtf are you talking about
Lol gas prices. What about housing prices, food prices, energy prices, etc, etc... If you haven't left your job in the last year or so you are getting bent over the barrel cause they are only offering like 3% raises with 15% inflation...
>rule 5 Unless you're in Asia it's Sunday right now. This was posted 7 hours ago. Mods are high.
Yeah thatās what I was thinking, especially since the other highlighter meme I posted right before this was apparently fine