Gas prices thread

True, unless he planned on a recession. 

posted by QuakerOats

True, unless he planned on a recession. 

One thing at a time.  There was a belief that he was using his magical lever to up the price of gas immediately in order to crush to fossil fuel industry.  Ambitious plan for an old guy who can’t seem to keep track of who’s who, but nonetheless.  

Now either his magical same-day-gas-price-setting lever is broken, or he’s failed his diabolical plan.

Upping the price doesn't crush the industry. 

Regulations that curb supply ups the price and crushes the middle class.

Regulating the industry out of business crushes the industry, and the middle class as well. 

I can't believe the press continues to let the Admin get away with pretending the "9000 unused permits" are mostly viable sites.

Those sites aren't being drilled because they aren't profitable even at $80/ba...and most have probably been surveyed and deemed worthless at any price.

posted by QuakerOats

Upping the price doesn't crush the industry. 

That wasn’t your angle a few months back.

This “I did that” stickers are not aging well.

posted by Dr Winston O'Boogie

This “I did that” stickers are not aging well.

If you're talking about the Biden stickers, the price of gas is still up quite a bit.

Prices are still at least 35% higher.  Meanwhile, the average household shelled out an additional $3,200 for gasoline over 12 months since the assault on the middle class began.

I got it for $2.64 in Circleville on Saturday 

I haven't driven in 3 months, but I will next week. 

I will be sure to report back on prices and my level of outrage. Stay tuned.

I dont think i have went more than 7 days without driving since i was 18.  I bet you will feel funny those first few miles.

I've gone very long periods without driving. I bought a car ~18 months ago. That was the first one I've owned in over a decade. That definitely felt weird. Especially getting dinged for not having auto insurance over that time. :/

posted by Automatik

Especially getting dinged for not having auto insurance over that time. :/

Wait.  What!?  You have to carry auto insurance when you don't drive or have a car?  Am I reading this right?  

Not sure if I’ve ever went 5 days without driving since I got my license in 1990

posted by Automatik

I haven't driven in 3 months, but I will next week. 

I will be sure to report back on prices and my level of outrage. Stay tuned.

Why would you be upset about it; it doesn't affect you.  But it does abscond with 5% of the household income from the average family to cover just the incremental cost.  Not that any liberal elites care.

posted by ernest_t_bass
Wait.  What!?  You have to carry auto insurance when you don't drive or have a car?  Am I reading this right?  

Think about it like your credit or credit score. 

For example, if you don’t have a credit card ever and then get one in your 30s you get “penalized” for not having established credit. Higher interest rates, lower limit, etc.

Same thing for car insurance. I never had auto insurance “history” for a decade +. Therefore I got screwed with higher premiums. It’s ridiculous, but it will go down in a few years. I’m paying entirely too much for my age, driving record, and type of vehicle. 

posted by QuakerOats

Why would you be upset about it; it doesn't affect you.  But it does abscond with 5% of the household income from the average family to cover just the incremental cost.  Not that any liberal elites care.

Do you ever communicate like a normal human being, or is it all just politard talking points all the time with you?

posted by QuakerOats

Why would you be upset about it; it doesn't affect you.  But it does abscond with 5% of the household income from the average family to cover just the incremental cost.  Not that any liberal elites care.

Cite, please. My family doesn't spend that much in gas in a typical year, much less an incremental increase.

posted by queencitybuckeye

Cite, please. My family doesn't spend that much in gas in a typical year, much less an incremental increase.

https://www.cnbc.com/2022/05/18/households-are-spending-the-equivalent-of-5000-a-year-on-gasoline.html

The incremental cost is $2,200  (not $3,200 used in my calc., so more like 3-4%)

posted by Heretic

Do you ever communicate like a normal human being, or is it all just politard talking points all the time with you?

They are not 'talking points'.  It is real dollars, real households, real struggles.