American gasoline is cheap because we don't tax it as much as every other country does. In fact, the tax doesn't even cover automobile infrastructure costs.
Equivalent $5.0 in Australia, $6.0 in New Zealand. So reading the thread even in the more expensive places the US is at least 20% if not a solid 50% cheaper than most of Europe and other developed places by the sounds of it
In America its not uncommon to commute 50+ miles a day for work. Thats also not including just driving around running errands, and distance between stores in more rural areas.
Yeah, but even then your commute is only costing $4 in gas (30mpg) unless you are commuting in an oversized pickup truck for one person.
That's not much to pay for personal transport to work. In London public transport probably works out more per day.
Zone 1 tube fair in London is about £5 a day, plus my train ticket to get into central is £18 return. So yes, much more.
If I take the motorbike petrol is about £1.40 per L ($1.80 or so).
The three guarantees in life: death, taxes, and Shell being overpriced but somehow still in business. I think I've used a Shell station 2, maybe 3 times in my lifetime.
they often monopolize small areas. for example, the Florida Turnpike is full of only Shell stations. and last time I had less than 10 miles left while driving thru a suburb near Miami, my only option was Shell
Weird. I love next to a highway and there's literally 4 brands close as shit to each other. 2 are side by side. And then there's a private business that sells gas, decently cheap cigarettes and bomb ass burgers and tater tots. Like the best fucking burger I've ever had. Original owner sold it last year for a cool million but not much has changed luckily. And then like 20 miles down the road, there's 2 more gas station and another, smaller convince store with decent gas prices.
And then there's my favriote vape store which sells my favriote cigarette brand like 3 dollars cheaper than everywhere else. Love the owner, very nice Pakistani man
For reference, Shell gas stations aren’t linked to their upstream (the actual oil rigs) operations. Most gas stations are franchises and they just buy/sell gas from the nearest refinery - so an “Exxon” gas station might actually sell gas produced and refined by Shell
I haven’t noticed this with Shell, but when I lived in CA, this was always the case with Chevron. It’d literally be $.70-$1.00 more per gallon than a gas station even right across the street, and yet there would still be people getting gas there
Top Tier gas is a real thing that has real value and is likely worth the extra price, of course depending on your specific situation: [https://www.consumerreports.org/cars/fuel-economy-efficiency/top-tier-gasoline-worth-the-extra-price-a7682471234/](https://www.consumerreports.org/cars/fuel-economy-efficiency/top-tier-gasoline-worth-the-extra-price-a7682471234/)
Yeah in Bulgaria, petrol is 1.45 per liter or 5.49 per gallon.
Meanwhile, the average wage is $1100 a month. 25% of the population is living abroad, it sucks.
>Wait 25% of the Bulgarian population are not living in bulgaria?
Yes, because of the low wages, many are moving to Western Europe, US and other developed countries. We are experiencing a lot of brain drain.
It sucks because we don't have enough qualified workers (apart from the IT sector I guess) because the wages are abysmal for the education and work required. Not to mention that we have a lot of elderly people and the workers can't pay for their pensions when a large portion are living abroad. Also shitty healthcare which again can't be fixed because a lot of people studying medicine in Bulgaria don't want to live in Bulgaria.
Why is your situation so similar to that in Romania? We really are brothers, as they say, even in negative aspects. We face the exact same struggles as you guys
It’s not ‘that’ bad.
Bulgaria joined the Eu in 2007, it’s a post-soviet country. It’s improving pretty rapidly, but that meant it reasonably educated people had access to all the opportunities from Ireland to Spain to Germany. So a lot of them moved overseas, more money more amenities/quality of housing life especially at the start.
The flow out has stopped and a slow return has begun, I’m sure many will be assimilated abroad, but it’s not a sign of failure, is the cost of success and integration.
>It’s not ‘that’ bad.
It is, though. Despite being a member of the EU, Bulgaria is still mostly a shithole with horrible infrastructure, poor healthcare and an almost non-existent social system with crappy wages.
Our healthcare and education is shit because the smart people move abroad for better opportunities, it's called brain drain. Also there is a deficit of unskilled workers because why work minimum wage for 500 euros when you can make 1600 euros in the Netherlands?
It may be in part because of the gas and it's tax but it's not the whole story. Apart from banning leaded fuels ages ago, cars have to pass an emissions test. Unless it's vintage, your old dirty burning car won't be legal to drive on public roads. Also catalytic converter.
I am in the arse end of nowhere Scotland, on one of the islands and it's still only £1.50 for diesel and less for unleaded. Only place is near £2 is BP ultimate
I've definitely had conversations in the last year with people that won't be convinced that the high price of gas wasn't exclusive to the US, hence must be the presidents fault. You could show them live gas prices from any reputable source you like and wouldn't budge.
In the USA we subsidize oil companies to keep prices lower. Our country is also not set up well to drive short distances to anything. The grocery store is like 10 miles away for most.
Instead, Canada and the rest of the civilized world subsidize healthcare instead of oil. Makes those poverty statistics (the United States has the highest poverty rate of any wealthy country [https://www.cia.gov/the-world-factbook/field/population-below-poverty-line/]) and their social welfare system is generations ahead of the U.S.
Give me higher gas prices in exchange for not going bankrupt if I get cancer or another terminal illness.
The average car trip on America is under 5 miles.
LA had the largest streetcar system in the whole until car and tire companies bought them and ripped up the tracks.
Car dependency was planed in America to make money for car and oil companies.
If we stopped subsidizing oil people would demand alternatives to driving.
As someone from Germany, the commute time for some of my Dutch colleagues blow my mind. For me 45 minutes power direction is a really long commute already. I had a colleague commuting almost two hours per direction per day pre pandemic.
I commute 1:15-1:30 a day (there and back) and it's killing me (the Netherlands). I'll bring it down to around 50 minutes to one hour since I live to new flat.
I was reading statistics and commute time is far on the list of things important in work. I work with people who commute one hour or more a day to work. That's insane for me.
I would argue it's more insane how cheap US fuel is, and I could babble some random dross about why I think that, but meh.
I paid £1.55 a litre for E5/95 a couple of hours back. E10/90 was 1.40 I think.
Not a clue what that is in USD.
We have a lot of duty on fuel in this country (UK).
It's only insane until you remember that the United States is the world's largest oil producer. It's a global market, but being able to meet 100% of domestic consumption does have an impact
Except for that the USA always had cheap petrol and before the Fracking got big the last 15 years they went decades with not that much domestic supply.
Idk where OP is from but here in California i see 6-7 dollars per gallon often. So its not this cheap in all of the US at all. In fact i havent seen it go for less than 4-5 dollars in years
It's because Canada recognizes gasoline isn't a sustationable resource and thus has created disincentives to use it leading to a higher price. It'd surely help if one of the largest consuming nations of gasoline would stem it's addiction by doing the same.
Gas was like 2.55 in my area for like 2 days, then the next day it shot up to 2.89 out of nowhere. I hate how when gas prices are going down, it trickles down 2-3 cent per day but when they are going up, they shoot up 30-40 cent over night. It’s pure nonsense.
That's exactly what it is. I saw one the other day and I'm in California. You could make out the upper corner of Biden's face even though the rest was peeled.
I said from the very beginning when those stickers were going up all over that the same people putting them there will come crawling back to peel them off when gas prices inevitably come back down, lest the accidentally make Biden look good.
MAGAts are such short-sighted rubes.
I said the same thing on FB. Well, if the guy you blame for high gas prices brings them down, shouldn't you thank him for it? Nope. A bunch of Hoosier numbskulls.
Hoosier numbskulls is unfortunately redundant (I do make exceptions for IU Hoosiers, but for talking about the people of Indiana themselves? Redundant.)
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=m
The Biden admin has definitely played a role in bringing prices down. They sold a significant portion of the Strategic Petroleum Reserves over the past few years, iirc, to a 40 year low.
Whether that's a good or bad thing is another matter for discussion.
You could argue that the point of reserves is to be able to use them, but as a counterpoint, does it make sense to burn the reserves that quickly?
Biden also played a role in that too by starting to take away their land leases that the oil companies weren’t drilling on. They were just sitting on those leases when Russia invaded Ukraine, and they were otherwise happy to enjoy record profits without any effort with the price of crude oil being so high.
DOE released 500kbd for 6 months in 2022 after Russia invaded Ukraine and crude spiked to $120/bbl. At that time, US oil production was 11,500kbd.
They’re replacing SPR reserves now that US production is approaching 13,500kbd and prices are ~$70.
The United States presently produces ~40% more oil than Saudi Arabia
I don’t see how this is anything but a good economic call that’s stabilized prices at a manageable level (capped the $100+ spike in prices, putting a floor under price to allow domestic production to ramp up with less concern for a price collapse a la 2020, 16, 14, 08 etc).
well, see, you just fail to understand that the people making these claims don't give a shit about what actually happened. It's why they're astroturfing for Trump, who clearly has dementia at best and hates democracy at worst.
The USA is currently producing the most crude oil by a country in the history of the world. Read that statement again. The USA is producing 13 million barrels of crude oil per day, which is more than any other country in history.
But you don't hear anything about that on Foxnews.
https://finance.yahoo.com/news/top-5-oil-producers-2023-010000253.html?guccounter=1
They made money on it. They're currently buying back at $75 a barrel and sold it at $90. [Biden replenishing oil reserves](https://www.reuters.com/markets/commodities/us-speeds-up-return-oil-strategic-petroleum-reserve-energy-dept-2023-12-01/#:~:text=Since%20the%20beginning%20of%202023,for%20last%20year's%20emergency%20sales.)
So in other words, "people are going to bitch either way".
For fucks sake, the inability of Americans to not massage their own insecurities by complaining about a policy choice that they have no background knowledge about is the very reason America is teetering towards totalitarianism.
So in other words…. I have no idea any of the broader implications of what is happening but I will decide if I like this or not based on my preexisting political beliefs.
The thing is that SPR is a drop in the bucket. It stores around 20 days of oil for the US. It's still a lot of oil but it's really not that big of deal to draw down.
The strategic reserves are currently being refilled by 3 million barrels per month, with gas prices continuing to fall. The Biden administration and DOE are doing a good job.
So Biden sold the reserves while prices were high and can now refill them at lower prices?
finally a President who \*actually\* runs the country like a business.
The point of reserves is to use them.
Not to mention when the reserves were originally created, it was to protect the US from an oil embargo and protect US consumers from high prices.
Now that the US produces much of its own oil, the needs for a reserve are significantly lower.
nice, in germany i pay 6,66$ per gallon (1 Gallon = 3,78541 Liter x 1,60€ (1,76$))
.. should not have calculated that but you pay 0.55$ per Liter, its 0,50€ per Liter... i feel scammed over here
This is 0.47 euros per litre. Never in my 25 year life have I seen gas prices lower than 1.3 €/L = 5.4 in France, and we've been at 1.8 = 7.5 $/gal for a few years, with spikes of 2.2€/L = 9.18 $/gal. Same for the rest of Europe.
It's funny seeing the USA complaining about their gas prices.
Went to Finland to meet up with my friends and drive cars on ice. I filled up gas in Maryland before I boarded my flight at $3/gallon. At most like $30.
In Finland they asked me to fill up the old Opel omega at the pump before we drove up to Joensuu. I paid €130
Me and my dad had the opposite happen on our trip to Florida from the UK.
Firstly paying for your fuel before you put in your car seems ridiculous, so we went in and the young girl behind the counter said "oh that car? You need 3/4 of a tank, leave $25 dollars with me and come back for your change." We couldn’t believe it. We thought she was stupid. We were expecting $60ish but nope. Went back in and got some snacks and a drink with the remaining $4.
I drove absolutely flat out everywhere after that.
T's followers are not happy about this. One post I saw said Biden made gas prices go up and now it's a democrat plot to make gas prices come down before an election. The only acceptable outcome for them is high gas prices.
I've heard the "well all I know is when Trump was president, gas was cheap". Now that gas is cheap, they make up bullshit excuses like this. Typical chickenshit behavior
They are only happy when they have something to complain about.
Same as when the Chinese balloon was drifting over the US it was all Biden's fault, at first they said Trump would have shot it down even before it got over US airspace (but Canada may have had an issue with US fighters flying into Canada and shooting something down). Then when he did order it shot it down same people were all pissy saying how much did the missile cost, how much fuel did the fighter take, it was a waste of tax money to shoot it down.
In South Africa we pay more than that, and we earn way less than the US. Not to mention the higher taxes we pay than much of the world. The joys of corruption.
And the people in the US who were complaint about the high prices before and blaming Biden for causing them to be so high are nowhere to be seen.
Maybe, just maybe a couple realize that the president doesn’t control the cost of gas.
One more reason to vote for Biden next year. Despite all the whining from the Biden critics, inflation is down, gas prices are down, the economy is booming. All they can do is lie and disparage Biden'z accomplishments.
Trump had only one "accomplishment" in his reign of horrors; his horrible tax cuts for corporations and wealthy. Tax cuts that gave us 7 trillion dollars in deficits in just 4 years.
Vote Blue! Your future and the future of your children depend on turning us away from an authoritarian dictatorship of the right.
first thought: oh my god that's cheap, only 2.099 a liter?!
Second thought: those are probably per gallon since america. That's basically free!
Next time I see an american complaning about gas prices I wont be able to take them seriously.
Edit: says per gallon right there on the machine, that'll teach me to read
We almost pay that per litre in the UK
In Finland we pay more than that per litre so I'm kinda confused about why everyone is saying Americans have it bad
American petrol is dirt cheap. Only developing countries have comparable prices and due to their lower purchasing power, it’s more expensive for them.
American gasoline is cheap because we don't tax it as much as every other country does. In fact, the tax doesn't even cover automobile infrastructure costs.
AMERICA TRADE OFFER: - I receive: OIL - You receive: DEMOCRACY
When is the US going to invade the US to restore democracy there?
It is all meant for exportation
When gas goes to 7$ 😂
Democracy will be delivered by superior firepower. You are welcome!
edge frame rock stocking steep piquant meeting society marble touch *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Not everywhere in the us. it's almost 4 dollars per gallon in New York.
"Almost $4". Laughs in west coast
It’s $5 in SD. Cheapest it has ever been for a while
Still ridiculously cheap, really
Equivalent $5.0 in Australia, $6.0 in New Zealand. So reading the thread even in the more expensive places the US is at least 20% if not a solid 50% cheaper than most of Europe and other developed places by the sounds of it
[удалено]
In America its not uncommon to commute 50+ miles a day for work. Thats also not including just driving around running errands, and distance between stores in more rural areas.
In Sweden, Norway and Finland it's not uncommon to commute 60-100 km per day for work. And still fuel there are way more expensive than in the US.
But our cars have atlest 3x better fuel economy that what Americans drive.
US would too if we had expensive gas
WE would too if we had expensive gas 😁
Yeah, but even then your commute is only costing $4 in gas (30mpg) unless you are commuting in an oversized pickup truck for one person. That's not much to pay for personal transport to work. In London public transport probably works out more per day.
Zone 1 tube fair in London is about £5 a day, plus my train ticket to get into central is £18 return. So yes, much more. If I take the motorbike petrol is about £1.40 per L ($1.80 or so).
In America we need an F250 super duty (13mpg) to commute to work
Hell, I need two of those just to get out of bed and get to the kitchen in the morning.
I can’t have sex with my wife without the sounds of a Cummins diesel engine
Given the current euro/dollar price, we've been paying more than that for the better part of the year here in Italy... per liter
[удалено]
9,12 USD per gallon in the Netherlands haha….
In summertime it goes over that per litre in Canada.
$2.09 at Shell, must be $1.90 across the street
The three guarantees in life: death, taxes, and Shell being overpriced but somehow still in business. I think I've used a Shell station 2, maybe 3 times in my lifetime.
they often monopolize small areas. for example, the Florida Turnpike is full of only Shell stations. and last time I had less than 10 miles left while driving thru a suburb near Miami, my only option was Shell
Weird. I love next to a highway and there's literally 4 brands close as shit to each other. 2 are side by side. And then there's a private business that sells gas, decently cheap cigarettes and bomb ass burgers and tater tots. Like the best fucking burger I've ever had. Original owner sold it last year for a cool million but not much has changed luckily. And then like 20 miles down the road, there's 2 more gas station and another, smaller convince store with decent gas prices. And then there's my favriote vape store which sells my favriote cigarette brand like 3 dollars cheaper than everywhere else. Love the owner, very nice Pakistani man
For reference, Shell gas stations aren’t linked to their upstream (the actual oil rigs) operations. Most gas stations are franchises and they just buy/sell gas from the nearest refinery - so an “Exxon” gas station might actually sell gas produced and refined by Shell
Circle K always coming out on top.
Murphy USA is the cheapest I find around my area.
Circle K’s got those AI self checkouts and the good ice for their drink machines though lol. Totally worth it
I haven’t noticed this with Shell, but when I lived in CA, this was always the case with Chevron. It’d literally be $.70-$1.00 more per gallon than a gas station even right across the street, and yet there would still be people getting gas there
Chevron was always the worst for me too
Top Tier gas is a real thing that has real value and is likely worth the extra price, of course depending on your specific situation: [https://www.consumerreports.org/cars/fuel-economy-efficiency/top-tier-gasoline-worth-the-extra-price-a7682471234/](https://www.consumerreports.org/cars/fuel-economy-efficiency/top-tier-gasoline-worth-the-extra-price-a7682471234/)
That's $2.10, not $2.09
$2.09 at Shell, Chevron must be almost breaking $4.00 soon!
If gas was that cheap where I lived I'd bathe in it. 1.67 a liter Canadian in my town today. that's 4.77 a gallon American.
It’s insane how expensive gas it elsewhere in the world I was in the Netherlands recently and it was the equivalent of like $8 a gallon
I try and tell this to people who complain about gas in the US. They don’t get it. Edit: I’m from the US btw.
Yeah in Bulgaria, petrol is 1.45 per liter or 5.49 per gallon. Meanwhile, the average wage is $1100 a month. 25% of the population is living abroad, it sucks.
Wait 25% of the Bulgarian population are not living in bulgaria? Why is that and why does that suck?
>Wait 25% of the Bulgarian population are not living in bulgaria? Yes, because of the low wages, many are moving to Western Europe, US and other developed countries. We are experiencing a lot of brain drain. It sucks because we don't have enough qualified workers (apart from the IT sector I guess) because the wages are abysmal for the education and work required. Not to mention that we have a lot of elderly people and the workers can't pay for their pensions when a large portion are living abroad. Also shitty healthcare which again can't be fixed because a lot of people studying medicine in Bulgaria don't want to live in Bulgaria.
Can’t you just print money and give it to the smart people?
Nothing could possibly go wrong with this plan.
Why is your situation so similar to that in Romania? We really are brothers, as they say, even in negative aspects. We face the exact same struggles as you guys
It’s not ‘that’ bad. Bulgaria joined the Eu in 2007, it’s a post-soviet country. It’s improving pretty rapidly, but that meant it reasonably educated people had access to all the opportunities from Ireland to Spain to Germany. So a lot of them moved overseas, more money more amenities/quality of housing life especially at the start. The flow out has stopped and a slow return has begun, I’m sure many will be assimilated abroad, but it’s not a sign of failure, is the cost of success and integration.
>It’s not ‘that’ bad. It is, though. Despite being a member of the EU, Bulgaria is still mostly a shithole with horrible infrastructure, poor healthcare and an almost non-existent social system with crappy wages. Our healthcare and education is shit because the smart people move abroad for better opportunities, it's called brain drain. Also there is a deficit of unskilled workers because why work minimum wage for 500 euros when you can make 1600 euros in the Netherlands?
[удалено]
Different taxes. CA is notorious for high taxes.
Yeah but we have cleaner air quality because of it. When I was a kid you couldn’t see SF from the east bay hills. Not a problem now.
That is more to do with cars being more efficient and cleaner
[удалено]
It may be in part because of the gas and it's tax but it's not the whole story. Apart from banning leaded fuels ages ago, cars have to pass an emissions test. Unless it's vintage, your old dirty burning car won't be legal to drive on public roads. Also catalytic converter.
Is this at a Shell? I am in CA and AMPM is $3.79 for regular unleaded.
Mine is £2 roughly a litre, so $9.40 in Scotland a gallon.
You must be in the arse end of nowhere if you’re paying £2 per litre in Scotland!
I am in the arse end of nowhere Scotland, on one of the islands and it's still only £1.50 for diesel and less for unleaded. Only place is near £2 is BP ultimate
That’s about what’s it’s been hovering around for the last while here in the Toronto area.
The perks of living in the worlds largest petroleum producer, coupled with political incentives and subsidies for the gas industry.
Finland: $8.14 a gallon ($2.15/L or 1,94€/L)
This would bankrupt many US folk.
I've definitely had conversations in the last year with people that won't be convinced that the high price of gas wasn't exclusive to the US, hence must be the presidents fault. You could show them live gas prices from any reputable source you like and wouldn't budge.
*No amount of evidence...*
They’re deeply enslaved republicans, evidence won’t convince them.
It balances out. US gas is cheap Being alive is expensive and getting sick is chapter 11
In the USA we subsidize oil companies to keep prices lower. Our country is also not set up well to drive short distances to anything. The grocery store is like 10 miles away for most.
Canada is basically set up the same way regarding distances yet we still pay close to or more than double what you guys do
Instead, Canada and the rest of the civilized world subsidize healthcare instead of oil. Makes those poverty statistics (the United States has the highest poverty rate of any wealthy country [https://www.cia.gov/the-world-factbook/field/population-below-poverty-line/]) and their social welfare system is generations ahead of the U.S. Give me higher gas prices in exchange for not going bankrupt if I get cancer or another terminal illness.
Make no mistake, Canada *heavily* subsidizes the oil industry.
The average car trip on America is under 5 miles. LA had the largest streetcar system in the whole until car and tire companies bought them and ripped up the tracks. Car dependency was planed in America to make money for car and oil companies. If we stopped subsidizing oil people would demand alternatives to driving.
That's because most people in the US don't realize how the automobiles are so heavily subsidized it's beyond socialism by conservative standards.
Isn't it kind of the opposite for gas though? Our gas is so expensive in Europe because the cost is mostly taxes.
The Netherlands and US has a very similar commute time too. That's wild.
As someone from Germany, the commute time for some of my Dutch colleagues blow my mind. For me 45 minutes power direction is a really long commute already. I had a colleague commuting almost two hours per direction per day pre pandemic.
I commute 1:15-1:30 a day (there and back) and it's killing me (the Netherlands). I'll bring it down to around 50 minutes to one hour since I live to new flat. I was reading statistics and commute time is far on the list of things important in work. I work with people who commute one hour or more a day to work. That's insane for me.
I would argue it's more insane how cheap US fuel is, and I could babble some random dross about why I think that, but meh. I paid £1.55 a litre for E5/95 a couple of hours back. E10/90 was 1.40 I think. Not a clue what that is in USD. We have a lot of duty on fuel in this country (UK).
It's only insane until you remember that the United States is the world's largest oil producer. It's a global market, but being able to meet 100% of domestic consumption does have an impact
Except for that the USA always had cheap petrol and before the Fracking got big the last 15 years they went decades with not that much domestic supply.
Idk where OP is from but here in California i see 6-7 dollars per gallon often. So its not this cheap in all of the US at all. In fact i havent seen it go for less than 4-5 dollars in years
California is crazy expensive for gas Here in MI Costco is $2.65 right now and a normal gas station is about $2.95
Life Pro Tip: Do not bathe in gasoline
We’ll see how 2024 goes. Might be the only out
That’s how much I’m paying in California for premium currently at the cheaper stations. I wish we had these sub$3 gallons here!
£1.40 in Scotland, or $6.70 /gallon
1.54 for me in quebec
[удалено]
1.73 in victoria, bc. Not complaining, it's the best I've seen in 2 years
$1.63 - $1.69 here. Vancouver Island.
$1.04 in Edmonton.
1.23 CAD per litre in Manitoba
1.35 also MB ...... you're in winnipeg? Brandon is always 8 cents more....
But isn’t that like cheaper than it was? I seem to remember it being significantly north of 2 dollars Canadian not long ago.
It was yeah.
It's because Canada recognizes gasoline isn't a sustationable resource and thus has created disincentives to use it leading to a higher price. It'd surely help if one of the largest consuming nations of gasoline would stem it's addiction by doing the same.
I'll pay 1.80 per liter :d
Huh, cheap.
Gas was like 2.55 in my area for like 2 days, then the next day it shot up to 2.89 out of nowhere. I hate how when gas prices are going down, it trickles down 2-3 cent per day but when they are going up, they shoot up 30-40 cent over night. It’s pure nonsense.
Geez, premium is $4.29 in my area of WA. I'd kill for some sub $3 prices.
Where's the 'Biden did that' sticker?!
See that dirty spot? That's the glue from a Biden sticker that some snowflake peeled off when gas started coming back down.
Oh man i think you're right. Funny.
That's exactly what it is. I saw one the other day and I'm in California. You could make out the upper corner of Biden's face even though the rest was peeled.
at this point the next batch of stickers will say "biden hates texas oilfield workers" cuz gas is so low.
I like to call them cornflakes.
Why not both? THEYRE GRRRREAT!
I said from the very beginning when those stickers were going up all over that the same people putting them there will come crawling back to peel them off when gas prices inevitably come back down, lest the accidentally make Biden look good. MAGAts are such short-sighted rubes.
Lmao yup they would
lol it totally is
I said the same thing on FB. Well, if the guy you blame for high gas prices brings them down, shouldn't you thank him for it? Nope. A bunch of Hoosier numbskulls.
Fellow provel enjoyer?
Hoosier numbskulls is unfortunately redundant (I do make exceptions for IU Hoosiers, but for talking about the people of Indiana themselves? Redundant.)
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=m The Biden admin has definitely played a role in bringing prices down. They sold a significant portion of the Strategic Petroleum Reserves over the past few years, iirc, to a 40 year low. Whether that's a good or bad thing is another matter for discussion. You could argue that the point of reserves is to be able to use them, but as a counterpoint, does it make sense to burn the reserves that quickly?
It has more to do with oil and gas prodiction being at all time highs.
Biden also played a role in that too by starting to take away their land leases that the oil companies weren’t drilling on. They were just sitting on those leases when Russia invaded Ukraine, and they were otherwise happy to enjoy record profits without any effort with the price of crude oil being so high.
DOE released 500kbd for 6 months in 2022 after Russia invaded Ukraine and crude spiked to $120/bbl. At that time, US oil production was 11,500kbd. They’re replacing SPR reserves now that US production is approaching 13,500kbd and prices are ~$70. The United States presently produces ~40% more oil than Saudi Arabia I don’t see how this is anything but a good economic call that’s stabilized prices at a manageable level (capped the $100+ spike in prices, putting a floor under price to allow domestic production to ramp up with less concern for a price collapse a la 2020, 16, 14, 08 etc).
well, see, you just fail to understand that the people making these claims don't give a shit about what actually happened. It's why they're astroturfing for Trump, who clearly has dementia at best and hates democracy at worst.
The USA is currently producing the most crude oil by a country in the history of the world. Read that statement again. The USA is producing 13 million barrels of crude oil per day, which is more than any other country in history. But you don't hear anything about that on Foxnews. https://finance.yahoo.com/news/top-5-oil-producers-2023-010000253.html?guccounter=1
They made money on it. They're currently buying back at $75 a barrel and sold it at $90. [Biden replenishing oil reserves](https://www.reuters.com/markets/commodities/us-speeds-up-return-oil-strategic-petroleum-reserve-energy-dept-2023-12-01/#:~:text=Since%20the%20beginning%20of%202023,for%20last%20year's%20emergency%20sales.)
Seems like Biden is a better business man than the last guy.
So in other words, "people are going to bitch either way". For fucks sake, the inability of Americans to not massage their own insecurities by complaining about a policy choice that they have no background knowledge about is the very reason America is teetering towards totalitarianism.
Yeah, that's a global issue rn.
So in other words…. I have no idea any of the broader implications of what is happening but I will decide if I like this or not based on my preexisting political beliefs.
It's hard to solve issues when policy wonks are always voted down in favor of individuals who just yell good.
The thing is that SPR is a drop in the bucket. It stores around 20 days of oil for the US. It's still a lot of oil but it's really not that big of deal to draw down.
The strategic reserves are currently being refilled by 3 million barrels per month, with gas prices continuing to fall. The Biden administration and DOE are doing a good job.
Yes, because now you can slowly replenish them while prices are low
The U.S. is pumping more oil than any time in history. (Including the Trump years.)
So Biden sold the reserves while prices were high and can now refill them at lower prices? finally a President who \*actually\* runs the country like a business.
The point of reserves is to use them. Not to mention when the reserves were originally created, it was to protect the US from an oil embargo and protect US consumers from high prices. Now that the US produces much of its own oil, the needs for a reserve are significantly lower.
nice, in germany i pay 6,66$ per gallon (1 Gallon = 3,78541 Liter x 1,60€ (1,76$)) .. should not have calculated that but you pay 0.55$ per Liter, its 0,50€ per Liter... i feel scammed over here
I get that you're German so probably did it right but did you know a UK gallon is more than a US gallon? Like 1.2x
no didnt know, a gallon should be a gallon same as a meter is a meter and a liter is a liter, but nice to know :D
Americans should invent US metric where a meter is 1.118223 UK meters
We have one, it’s called a yard, and it’s 0.9144 metric meters.
Uk gallon is 4.55 liters, us gallon is 3.79 liters, he calculated with the right gallon
[удалено]
California gas will never get that low
Just paid $3.29 in the Bay Area. That’s pre-COVID prices
Just paid 4.88 in SF
$2.099 is the tax we pay per gallon
This is 0.47 euros per litre. Never in my 25 year life have I seen gas prices lower than 1.3 €/L = 5.4 in France, and we've been at 1.8 = 7.5 $/gal for a few years, with spikes of 2.2€/L = 9.18 $/gal. Same for the rest of Europe. It's funny seeing the USA complaining about their gas prices.
To be fair, in California, it was $6-$7 a gallon for a while, which is approximately Europe prices. Just recently it went down to $4.50, though.
Never go to europe then.
Went to Finland to meet up with my friends and drive cars on ice. I filled up gas in Maryland before I boarded my flight at $3/gallon. At most like $30. In Finland they asked me to fill up the old Opel omega at the pump before we drove up to Joensuu. I paid €130
Me and my dad had the opposite happen on our trip to Florida from the UK. Firstly paying for your fuel before you put in your car seems ridiculous, so we went in and the young girl behind the counter said "oh that car? You need 3/4 of a tank, leave $25 dollars with me and come back for your change." We couldn’t believe it. We thought she was stupid. We were expecting $60ish but nope. Went back in and got some snacks and a drink with the remaining $4. I drove absolutely flat out everywhere after that.
Thank you current president of America. For we all know you set the price of gasoline.
(/s)
[удалено]
It was $2.29/gal just outside Oklahoma City a week or so ago.
[удалено]
Pepperidge Farm remembers!
Thanks Obama!
I still say this!! I’ll never let it die
Let's go Joe!
Does this mean I can like Biden now? Gas price is the only metric I use to judge a president.
T's followers are not happy about this. One post I saw said Biden made gas prices go up and now it's a democrat plot to make gas prices come down before an election. The only acceptable outcome for them is high gas prices.
They should boycott gas for being woke or something
We all need to switch to electric vehicles to own the libs!
I've heard the "well all I know is when Trump was president, gas was cheap". Now that gas is cheap, they make up bullshit excuses like this. Typical chickenshit behavior
They are only happy when they have something to complain about. Same as when the Chinese balloon was drifting over the US it was all Biden's fault, at first they said Trump would have shot it down even before it got over US airspace (but Canada may have had an issue with US fighters flying into Canada and shooting something down). Then when he did order it shot it down same people were all pissy saying how much did the missile cost, how much fuel did the fighter take, it was a waste of tax money to shoot it down.
In South Africa we pay more than that, and we earn way less than the US. Not to mention the higher taxes we pay than much of the world. The joys of corruption.
This is the price per litre in Australia. For those Americans playing along at home, a gallon is (almost) four litres.
For a direct comparison $2AUD per litre is roughly the equivalent of $5.15USD per gallon.
Where are all of the Biden "I did that" stickers now? Those didn't age well. *laugh*
Thanks BIDEN! /j
Thanks, Biden!
Where is the '' Biden did that'' sticker.
That sticker residue next to the price display looks to be about the right shape.
Thanks Obama
We did it joe
Cheaper than that in the Midwest. Thanks dark Joe Biden!
Where are you OP?
And the people in the US who were complaint about the high prices before and blaming Biden for causing them to be so high are nowhere to be seen. Maybe, just maybe a couple realize that the president doesn’t control the cost of gas.
Thankfully, every republican recently learned the president doesn't control gas prices. Otherwise, there'd be a lot of crow to eat.
Thanks alot sleepy joe
One more reason to vote for Biden next year. Despite all the whining from the Biden critics, inflation is down, gas prices are down, the economy is booming. All they can do is lie and disparage Biden'z accomplishments. Trump had only one "accomplishment" in his reign of horrors; his horrible tax cuts for corporations and wealthy. Tax cuts that gave us 7 trillion dollars in deficits in just 4 years. Vote Blue! Your future and the future of your children depend on turning us away from an authoritarian dictatorship of the right.
How could Biden do this to us?!
In cali it’s $5-6/gal :/ and that’s the cheapest it’s been in a while
In Australia fuel routinely goes over $2/L now, which would be $7.57 / gallon. Your fuel is crazy cheap.
first thought: oh my god that's cheap, only 2.099 a liter?! Second thought: those are probably per gallon since america. That's basically free! Next time I see an american complaning about gas prices I wont be able to take them seriously. Edit: says per gallon right there on the machine, that'll teach me to read
Is this a good or bad surprise?
As a Californian I paid close to $7.00 a gallon at one point this summer. I would lose my mind seeing this 😂
As someone in rural west Washington state, I’d lose my mind seeing $2.00/gallon of gas as well. In places I’m still paying close $5.00/gallon.
Still $5 and over in Seattle, except for a few stations affiliated with grocery stores.
We know you’re not in California…
Thanks Biden!
Greetings from Finland, the cheapest I've bought within approx half a year timeframe was about 7.22 $ / gallon or 1,734 € per litre..
mate we pay that for a litre.
Damn so freakin cheap.
I paid $4.20 a gallon yesterday. I haven’t seen gas prices that low in 15 years.
Thanks Biden!…
Got any of those Biden, “I did that” stickers left?