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$3.539 @ Loves exit 100 on 20/59
Posted on 4/15/22 at 6:11 am
Posted on 4/15/22 at 6:11 am
yesterday afternoon -- cheaper than Sam's Club in Bham
best I saw in T-town yesterday was $3.609
hopefully this is a trend for the area
best I saw in T-town yesterday was $3.609
hopefully this is a trend for the area
5
Posted on 4/15/22 at 8:18 am to dcbl
totally sucks that fuel at $3.54 per gallon is noteworthy
edit: $3.69 is the best around here
edit: $3.69 is the best around here
This post was edited on 4/15/22 at 8:20 am
Posted on 4/15/22 at 8:32 am to BLG
I hope it goes up to $10 a gallon
This is what you get with a disaster of a president and a clown world administration in office.
This is what you get with a disaster of a president and a clown world administration in office.
This post was edited on 4/15/22 at 8:41 am
Posted on 4/15/22 at 8:53 am to hwyman108
Sadly, the clowns who voted for him hope it goes up to $10 too. They want our power-grid to collapse
Posted on 4/15/22 at 9:38 am to dcbl
Gas is under $3.40 here in Texas.
Posted on 4/15/22 at 10:50 am to dcbl
I've been paying over 4. For a long time out here in utah.
My car calls for premium- I'm paying 75-80 dollars to fill the tank.
I have no idea how kids in school or fresh out of school can afford to exist. Home prices out here are CRIMINAL. People are literally paying 500k for homes I wouldn't feel comfortable paying more than 200k
I guess the banks will slowly steal the country out from under us exactly how Thomas Jefferson predicted. Americans will not own property in the future, and every penny they earn will be spent before the check hits their account
My car calls for premium- I'm paying 75-80 dollars to fill the tank.
I have no idea how kids in school or fresh out of school can afford to exist. Home prices out here are CRIMINAL. People are literally paying 500k for homes I wouldn't feel comfortable paying more than 200k
I guess the banks will slowly steal the country out from under us exactly how Thomas Jefferson predicted. Americans will not own property in the future, and every penny they earn will be spent before the check hits their account
Posted on 4/15/22 at 10:55 am to PowHound
Thomas Jefferson:
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."
Folks, he made this eerily accurate quote over 200 years ago.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."
Folks, he made this eerily accurate quote over 200 years ago.
Posted on 4/15/22 at 10:58 am to PowHound
The revolution will not come.
Posted on 4/15/22 at 12:18 pm to PowHound
George Washington farewell address also hits the nail on the head.
Posted on 4/15/22 at 2:12 pm to PowHound
Having been raised in Utah, it astonishes me the cost of living there. I don't know if it's the state taxes or what. The heavy influx of West coasters has really escalated the cost of living. Generally supply and demand dictates, but something don't smell right.
Posted on 4/15/22 at 2:15 pm to hwyman108
quote:
This is what you get with a disaster of a president
Yes, all the non-clowns know the president controls gas prices. Oil companies wouldn't use prices to sway votes.
Posted on 4/15/22 at 2:19 pm to Teague
Oil and Gas companies cashing in with record profits.
Those high gas prices are going straight to their CEO's pockets but no one wants to call them out lmao.
Those high gas prices are going straight to their CEO's pockets but no one wants to call them out lmao.
Posted on 4/15/22 at 2:31 pm to Teague
Try again… This moron of a president shut down the XL pipeline first day in office. 35k jobs right the bat. But yet it’s Putins fault? The man is a complete frick up, always has been
Posted on 4/15/22 at 3:11 pm to Fells
quote:
Those high gas prices are going straight to their CEO's pockets but no one wants to call them out lmao.
While it is evident you do not understand basic economics or the oil industry in general, I will attempt to help you.
The cost to purchase oil went up. US policy removed access to drilling rights / contracts within the US. US policy removed access to funding sources for drilling /production / processing within the US. The price for fuel at the pump went up based on the cost to get it to the pump.
The prophet margin per dollar spent at the pump remained the same. But the amount that could be purchased for that same dollar was now lower. The price per gallon (based on my personal experience and records), has gone from $1.79 / gallon the day before Biden became President to $3.84 / gallon yesterday (at the same gas station. The price went up by a factor of 2.15 The amount of prophet for the oil company went up by 2.15 (because the same margin has not changed).
Yes the oil company made 2.15 times as much money as they did 15 months ago. Their costs also increased by a factor of 2.15. But the prophet margin has not changed...they still make roughly 10% on the purchase price. Some people refer to that as inflation.
Just for fun, look at the cost of steel over that same period of time. My cost per pound of steel has gone from $0.35 / pound to $0.96 / pound. That is a factor of 2.74. If you were paying attention, the cost of steel has increased even more than the cost of fuel by a factor of 1.27.
The cost of lumber - same thing has happened. The cost of homes, they have increased but the rate of increase is lagging the market for the materials required to build them. The cost of food is also increasing but it is also lagging the cost of materials and shipping required to grow/raise it and get it to the store. The cost of fertilizer - yep same issues as seen with other products.
If something does not change very soon, simple inflation will soon hit you in the face as "hyper" inflation.
One other fun little tidbit on the fuel you purchase at the pump. The federal, state, and local taxes make a much much larger percentage of money off of the sale than the oil company does.
This post was edited on 4/15/22 at 3:24 pm
Posted on 4/15/22 at 3:22 pm to Teague
And said "clowns" have now entered the conversation 
Posted on 4/15/22 at 3:23 pm to Fells
And another
Posted on 4/15/22 at 3:48 pm to Pastor Mike
Another economics study foundation is that of "supply and demand". The US has the oil production capability of 13 million barrels per day. There is more than that available but at the time Biden took office, that was all of the infrastructure capability we had.
US federal policies reduced the amount of production by about 45%. To make up that shortfall, the US started purchasing 6 million barrels of oil per day from Russia. The price differential of the southeast vs the west coast is because of the cost differential between US/Saudi oil vs Russia oil. Sweet light crude (US and Saudi type of oil) costs less to process and burns cleaner than heavy "sour" crude (what you find in Russia).
When you remove 6 million barrels of oil per day from the world oil market, supply is reduced and the price goes up. Basic supply and demand. That price increase has very little to do with Russia and the "war". the prices went up before the war because supply was reduced. When you add the Russia "war" on top of that, supply takes a hit again. The US has more production capacity and a better grade of oil available and what Russia can produce. Had the US policy not chosen to remove US oil from the world market, our fuels cost would not have changed because Russia was not a factor before the change. We replaced our production capacity with oil from Russia and Iran. Russia and Iran made money that would have been part of the US economy.
US federal policies reduced the amount of production by about 45%. To make up that shortfall, the US started purchasing 6 million barrels of oil per day from Russia. The price differential of the southeast vs the west coast is because of the cost differential between US/Saudi oil vs Russia oil. Sweet light crude (US and Saudi type of oil) costs less to process and burns cleaner than heavy "sour" crude (what you find in Russia).
When you remove 6 million barrels of oil per day from the world oil market, supply is reduced and the price goes up. Basic supply and demand. That price increase has very little to do with Russia and the "war". the prices went up before the war because supply was reduced. When you add the Russia "war" on top of that, supply takes a hit again. The US has more production capacity and a better grade of oil available and what Russia can produce. Had the US policy not chosen to remove US oil from the world market, our fuels cost would not have changed because Russia was not a factor before the change. We replaced our production capacity with oil from Russia and Iran. Russia and Iran made money that would have been part of the US economy.
Posted on 4/15/22 at 3:57 pm to dcbl
Our old arse Governor should put the gas tax on hold. The tax that we didn’t even get to vote on and was rammed down our throat, under the guise of helping infrastructure
Posted on 4/15/22 at 5:01 pm to Cobrasize
quote:
Our old arse Governor should put the gas tax on hold. The tax that we didn’t even get to vote on and was rammed down our throat, under the guise of helping infrastructure
so, I did not mean to make this political (just a heads up on cheap gas); but that was the 1st thing the old bat did, jack up gas taxes; no way the genie ever gets put back in that bottle...
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