Baloney. We were energy independent 18 months ago. You can't turn off the spigot without a plan. Ukraine plays a small part in this. Slow walking oil field leases and not allowing fracking is the problem. Planned pain. Europe should never have allowed Russia to become a dominant player in the Energy market. They were warned.
Gas prices to hit $6 by summer
- Thread starter HarryHawk
- Start date
dseag2
Dallas, TX
- Location
- Dallas, TX
I'm happy I'm retired and can do everything within my 10-mile "bubble" but this also has more far-reaching effects. The trucking industry will also be hit hard because diesel fuel is also skyrocketing, which will mean higher prices on many of the items we purchase on an everyday basis. Also, air travel prices will continue to increase. We need to look beyond the immediate effect on filling up our gas tanks.
Leann
Traveler
I'm experiencing the same things where I live @Bella. It's insane!Same here. The company that cuts my lawn not only raised the price per cut, they now charge a “gas surcharge” of $6.00 per cut! I know they have to use gas to get to my property, but they aren't using $6.00 worth to cut it per week. My trash removal service has also added a gas surcharge of $9.00 plus an environmental/regulatory charge of $2.00. They charge quarterly. Soon they'll be charging us just to Lk at the gas pump.
Leann
Traveler
Wow, you're lucky @SeaBreeze. I filled my gas tank today and paid $4.69 for regular unleaded.
Remy
Well-known Member
- Location
- California, USA
People still driving like idiots. Gunning the engine to get past me so I meet them at the next red light. About $5.35 last fill up for me.
Been There
Well-known Member
- Location
- Florida
Not this time. If we do go into a recession, gas prices will stay high. It's not a production problem and even though usage may increase during the summer months before dropping back, heating oil will take its place. If it was a production or logistics issue, I would tend to agree, but it isn't. I will make one exception, if the war should end, I would expect prices to drop, but Putin needs the money that oil brings in to wage his war. Russia has cut their price only minimally, but nonetheless, they are selling oil.
If it wasn't a political stake at hand, the U.S. could still be energy independent, but with all the land leases and a moratorium on drilling on fed lands, it's not going to happen.
Packerjohn
Packerjohn
- Location
- Canada
That's right; same deal here where I live. Maybe that is why I'm in favour of much higher fuel prices. Too many stupid and totally ignorant drivers driving around instead of getting a job and doing something good for society. They are roaring their motors and squealing their tires. Mental retardation is taking over this nation!
Colleen
Senior Member
- Location
- Pennsylvania
We filled the truck yesterday + a 5-gal. can for the riding mower and it was $75. Our truck only took around 13 gallons to fill. I had $ .50 off/gallon from shopping at the grocery store that give fuel perks. The price for gas here in our small town is $4.69 and we paid $4.19. We won't need gas again for at least 2-3 weeks.....if we don't go far The last time we filled up it was April 15th and we paid $4.19 back then.
The last time we filled up it was April 15th and we paid $4.19 back then.
Been There
Well-known Member
- Location
- Florida
There are grocery stores that give money off of gas for buying groceries where you live? That's a new concept. I paid $4.59 in Alexandria, VA this morning. I drive a GMC Yukon and it took 18.5 gallons. I think it was like $85.00 to fill. I stopped at the GMC dealer and asked if they were able to do an oil change without waiting. In 40 minutes, I spent another $115.00. Yep. $200 total.We filled the truck yesterday + a 5-gal. can for the riding mower and it was $75. Our truck only took around 13 gallons to fill. I had $ .50 off/gallon from shopping at the grocery store that give fuel perks. The price for gas here in our small town is $4.69 and we paid $4.19. We won't need gas again for at least 2-3 weeks.....if we don't go far
Murrmurr
SF VIP
- Location
- Sacramento, California
But you named the very reasons gas prices will come down....
It's not a production problem
and
the U.S. could still be energy independent [if] all the land leases and a moratorium on drilling on fed lands...re-opend and re-started, which can happen. And we do have other sources.
Been There
Well-known Member
- Location
- Florida
Yeah, we have other sources. They're called Saudi Arabia and Argentina. And NO, the moratorium will not be removed anytime soon nor will the land leases. We are going green, or haven't you heard. You probably have heard what going green means, haven't you. Not talking about the climate czar's definition.
Exactly!
Gas Prices around the World
The spike in gasoline prices has created consternation and political finger pointing in the U.S., but a look at prices paid in countries around the world shows what Americans pay for gas is actually right about in the middle.
The average price of a gallon of regular gasoline is $4.31 as of March 16, according to AAA, compared to $2.87 a year ago and $3.51 a month ago. According to data from GlobalPetrolPrices.com, an energy data tracking company, gas prices in
U.S. ranked 85th out of 170 countries it tracks, with the top spot being the least expensive (Venezuela) and 170 being the most expensive (Hong Kong). GlobalPetrolPrices updates its gasoline data weekly and has a different U.S. price, $4.69 a gallon as of March 14.
more here...https://www.kiplinger.com/personal-finance/shopping/cars/604410/gas-prices-around-the-world
SeniorBen
Senior Member
Biden administration to resume leasing for oil and gas drilling on federal lands
https://www.cnbc.com/2022/04/15/bid...or-oil-and-gas-drilling-on-federal-lands.html
RadishRose
SF VIP
- Location
- Connecticut, USA
Yesterday, the lowest was $4.49 per gal, Shell.
RadishRose
SF VIP
- Location
- Connecticut, USA
Heaven forbid!
horseless carriage
Well-known Member
how much is in Stirling is $3.785
Murrmurr
SF VIP
- Location
- Sacramento, California
Jeeze. Yeah, I know what going green is.
As for gas, natural or fossil, I still disagree. And, gosh, I sure hope that's ok with you.
Harry Le Hermit
Member
For the year we are currently exporting more crude and petroleum products, than importing. Since beginning of March the exports have outweighed the imports by nearly 1MBPD. If we were to increase production, it would also go into the export stream.
A bill was recently signed into (U.S.) law for another $40B in aid to Ukraine. Our European allies on the mainland are contributing huge amounts of money to Russia via imports of crude and petroleum products. Until Europe can wean itself from Russian imports, the export market for the U.S. will remain elevated and may become even greater.
I cannot understand why any of this is a surprise and the impact it would have on fuel prices.
A bill was recently signed into (U.S.) law for another $40B in aid to Ukraine. Our European allies on the mainland are contributing huge amounts of money to Russia via imports of crude and petroleum products. Until Europe can wean itself from Russian imports, the export market for the U.S. will remain elevated and may become even greater.
I cannot understand why any of this is a surprise and the impact it would have on fuel prices.
Yeah. But most of these require exploration which takes money and prayer. Finish the pipeline and reopen the lands already explored with oil and gas. It's a game the administration is playing before the midterms. You heard him say, "we are, (you), in a painful transition to go green." How many people do you know can dump (no trade in mind you)their cars for electric.
StarSong
Awkward is my Superpower
- Location
- Los Angeles Suburbs
It's true. Some stations are still in the very high $5 range, but while running errands yesterday most I saw were over $6.
No surprise - oil companies are reporting record profits.