Gasoline going up

[GOPHER SLAYER]

Gas went up to $3.05 today and that is at an ARCO station. Shell or Chevron are $3.50 or more, depending on the location and that's for their lowest grade. This is just the start. Next year, who knows.

[Dave W.]

I am surprised it stayed as low as it did, for so long.

[tinsnips]

It is 2.27 per gallon for slop gas here.

[Idz]

You ain't see nutin yet!

[reddog81]

$2.10 in Des Moines, IA. Gas is always expensive in CA.

[abunaitoo]

Just filled up last week.
$2.599.
with the chinses virus, not driving around much.
Fill up maybe once a month.

[contender1]

Locally,, last week they were talking about the .20 cent jump in gas the last few weeks. They blamed the sudden rise on Covid-19 & the pandemic. Funny, that started almost a year ago,, and NOW the price suddenly jumps??

But hey,, surely it wasn't because the oil speculators caused the oil price to jump after the sudden shutdown of the Keystone pipeline?

[arlon]

Best way to get you to want an electric car is to price gasoline around $6/gallon. When was the last time we had high gas prices? That was just their first try. Now it's going to be higher. They will shut down oil any way they can. It's already started.

[Winger Ed.]

Gas here is up a few cents, but nothing crazy yet.

Crude oil & gas prices is largely a futures market.
What's coming down the road with the pipeline getting stopped, and drilling permits suspended is
the wells already working will see their production become more valuable as 'competitors' are flushed out of the market.

This effect will continue as the smaller existing wells run out, or the oil under them gets harder and more expensive to get up.

A small percentage of the auto market going to electric cars is fine.
But as more and more come along, the electric grid is not expanding enough to charge all of them.
For those who have seen occasional 'brown outs' from excessive demand on the grid--- you ain't seen nothing yet.

[Wild Bill 7]

Gas jumped .27 cents a gallon this afternoon. $2.49 for regular and hold on to your knickers by the middle of the year it will probably be over $4.00 a gallon. Those elitists want our guns and money so they can have control of our everyday life. Socialism at its best. Lord help our country.

[40-82 hiker]

Best way to get you to want an electric car is to price gasoline around $6/gallon. When was the last time we had high gas prices? That was just their first try. Now it's going to be higher. They will shut down oil any way they can. It's already started.

The socialists are not scared of: 1) high unemployment (more dependency on the Federal government - they WANT IT), 2) high gas prices (it keeps consumption down - they WANT IT), 3) riots in the cities (civil strife - they WANT IT), 4, Oh heck, I could just go on and on...

I can't help but think of the scene in the movie "Doctor Zhivago" where Yuri is pulling out fence pickets with which to keep his family warm. We will get there one day if left up to the socialists now "ruling" our country. The much higher price of all forms of energy is certainly their goal.

[Eddie Southgate]

Democrats in power , what do you expect .

[Winger Ed.]

I never understood the Democrats passion for hurting and hindering the oil industry.
They're all about getting more tax money, however:

For the taxes on income and per gallon of gas- you'd think they'd want fuel to be as cheap and used as much as possible.
More people making more money in the industry means more income tax revenue, and more tax collected when they spend it.
Cheap gas means people will buy and use more of it, which leads to higher (per gallon) tax revenue.

[Bad Ass Wallace]

I feel your pain, in Australia we are paying $5.80/gal

[Winger Ed.]

I feel your pain, in Australia we are paying $5.80/gal

That's got to be from super high taxes and govt. fees on it.

There's only a few cents a gallon difference more or less to get oil out of the ground, transported,
refined, and shipped to-- or from anywhere in the world.

Here, it jumped a few cents to $2.18 a gallon.
There's all the usual fees and royalties to everyone between the well and our gas station,
but our federal tax is 18 cents, our state tax is 20 cents, and our total cost also includes the local city sales tax.

Without the separate state, federal, and local sales taxes, our $2.18 gallon of gas would be more like $1.64.
Getting that same gallon of gas to Australia can't cost more than about a extra 10-15 cents in transportation expense.

[cupajoe]

Filled up at Buccees last week 1.79 a gallon with a car wash, probably be 3.79 a gallon when I fill up next month.

[bullet maker 57]

Gas has gone up about $.45 per gallon in the past 2 months.

[MrWolf]

Around $2.25 gallon at Virginia State Line station. Add another $0.15 a gallon in WV near me.

[JoeJames]

Democrats in power , what do you expect .No surprise there! They ain't happy unless everyone else is as miserable as they are!

[JimB..]

We’re seeing increased employment in the permian basin, that increased production will help to stabilize futures, at least until we start to see additional taxes and regulation on extraction.

25 years ago I was a fan of using taxes to push retail gas over $5/gal to accelerate R&D for electric vehicles and related infrastructure, today I don’t think we have the capacity in the economy to absorb that without significant consequences.

[mrmachinist]

The oilfield has been hurting the last 4-5 years due to low oil prices. Becoming energy independent is a good thing for the country but bad for the oil companies. Fracking is good but hurts the drilling companies pretty bad.

I’m in south LA and work for a small oilfield tool manufacturer. We have a bunch of patents on fishing tools and wireline tools. What the current administration (which I am in disbelief of) is currently doing will actually help most sectors of the oilfield. It’s going to raise prices and get the companies working again and making money again. Gas will go up but it’s been higher than it should have been given the crude prices the last few years.

Crude has been bouncing in the mid 50’s for a while. It needs to be around $80 for things to work well in the industry. Gas should be in the low to mid $3 range at that point. The problem is additional restrictions will give opec power and will likely drive prices over $100 again which is great for business but bad for the consumer.


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[shampine]

I care more about firearms related prices .

[WheelgunConvert]

Just wait until the pipelines begin to be tapped like they do south of the boarder. And the tanker truck raiders at stop lights. It’s something straight out of a Mad Max movie.

[smithnframe]

Thanks Joe!

[Plate plinker]

The oilfield has been hurting the last 4-5 years due to low oil prices. Becoming energy independent is a good thing for the country but bad for the oil companies. Fracking is good but hurts the drilling companies pretty bad.

I’m in south LA and work for a small oilfield tool manufacturer. We have a bunch of patents on fishing tools and wireline tools. What the current administration (which I am in disbelief of) is currently doing will actually help most sectors of the oilfield. It’s going to raise prices and get the companies working again and making money again. Gas will go up but it’s been higher than it should have been given the crude prices the last few years.

Crude has been bouncing in the mid 50’s for a while. It needs to be around $80 for things to work well in the industry. Gas should be in the low to mid $3 range at that point. The problem is additional restrictions will give opec power and will likely drive prices over $100 again which is great for business but bad for the consumer.


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Although I’m happy when people make a good wage.....

Tough! The oil speculators and big oil have been screwing us for years. I guess they will have another go at are backsides.

[mrmachinist]

Although I’m happy when people make a good wage.....

Tough! The oil speculators and big oil have been screwing us for years. I guess they will have another go at are backsides.

I fully agree. Gas should have been around $1 the last few years.

A lot of the problems are caused by regulators who enact policies that do nothing but drive up the cost.


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[Handloader109]

Gasoline is up just a bit. Nothing compared to about 2 years from now. I'll predict what is now about $2 a gallon will be about $3.50 in 18 months to 2 years. Regulations.
And If we are NOT careful, supply will be short. A LOT of tankers haven't been used in the last 4 years... I'd bet a lot are scrap right now. Just say'n. We can always TRUCK and RAIL oil from Canada I guess.....
I just love environmentalists. They really have NO clue

[gbrown]

Yeah, look behind the news. Warren Buffet, owns Berkshire Hathaway. His personal wealth is 80 BILLION. One of the wealthiest men in the world. He owns all the rolling stock of the railroads. Keystone pipeline closed?-- use the railroad tankers to ship it-- rumor was, 2012-16 that Berkshire Hathaway was making a million a day shipping it. Also, he owns many of the newspapers in the East and SE. HMMMM. He was a big fan and supporter of Obama.

[rockrat]

I am sure the environmentalists know all about what goes on, they just don't care how it affects you.


I think somewhere I read that the railroads were charging $10 a barrel to ship oil in years past.

The acronym "BOHICA" seems appropriate with regards to what prices will do

[Teddy (punchie)]

Yep here we go again.

Spring raise in gas prices.

Going take away all the extra cash and give it to the oil business.

[gbrown]

Yeah, wait till they shut down the refineries for annual maintenance and shift to reset them for summer blends. That'll be a lurch in prices.

[bedbugbilly]

Just makes you appreciate all the more what President Trump did for ALL Americans . . .

Let's see - in power only a short time - erase good paying jobs for AMERICANS . . . wanting to open the borders and let anyone in for which the AMERICAN TAXYPAYER will be footing the bill . . .

sitting here in southern Arizona where those in my age bracket can still not get vaccine (Pima County) but it is available to those in my age bracket in other AZ counties . . . yea . . . open the border up you fools and let anyone in regardless of their criminal background or if they have Covid . . . why not . . . OAC got her vaccine and they wanted to give it to those sitting in GITMO who are there because they are terriosts . . shut down pipelines and then tell those they made unemployed that they can get high paying jobs in the solar industry - jobs they don't want nor that even exist . . . yep . . . just wait and see what gas prices are a yer from now . . . and when you hear someone complaining that you know voted for the Socialists . . just remind them it's their fault.

As I like to say - the crooked Left may think they got rid of Trump - but President Trump is just one and - there are still over 75 million of us and "we ain't goin' nowhere".

[starnbar]

Best way to get you to want an electric car is to price gasoline around $6/gallon. When was the last time we had high gas prices? That was just their first try. Now it's going to be higher. They will shut down oil any way they can. It's already started.
Gas has been that high in the UK and even higher now for over 30 years don't see many electrics on highway 1 though.

[BudRow]

Biden said he would not raise taxes on anyone making less that $400,000. But believe you me all commodities especially petroleum products will take a larger chunk of your income due to his policies. So what's the difference how your buying power is diminished?

[JimB..]

Biden said he would not raise taxes on anyone making less that $400,000. But believe you me all commodities especially petroleum products will take a larger chunk of your income due to his policies. So what's the difference how your buying power is diminished?

and it's not like corporate taxes don;t get pushed through to consumer prices

[gbrown]

Like Truman said, "The buck stops here."

[MT Gianni]

I fully agree. Gas should have been around $1 the last few years.

A lot of the problems are caused by regulators who enact policies that do nothing but drive up the cost.


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It has been under a buck pre tax most places.

[Plate plinker]

Biden said he would not raise taxes on anyone making less that $400,000. But believe you me all commodities especially petroleum products will take a larger chunk of your income due to his policies. So what's the difference how your buying power is diminished?

Yeppers and the cost of food will continue to increase. A wild ride ahead better get ready for more people enjoying food stamps. That the rest of us producers will pay for.

[GOPHER SLAYER]

I drove by a Shell station this morning. Cheapest gas was $3.90. People pushing for electric vehicles simply do not understand the problems associated with wet cell batteries. I worked with them for many years at the phone company. Some were very large, Over 4 feet tall. The phone company only used them if both Edison and the Diesel generator failed. Most of the time they simply float on line and acted as a filter. The acid in them is very corrosive and the gas is flammable. I saw a video taken in an underground parking lot and a battery powered car started smoking and then burst into flames. Wait until most of the cars are battery powered. A freeway pile up will be horrible to see. I have no idea how those idiots think they are going to move all our food and other necessities without diesel trucks.

[Winger Ed.]

I fully agree. Gas should have been around $1 the last few years.

Me too. I'm an American. I'm entitled to as much cheap energy as I want to waste.

[farmbif]

I filled tank in Knoxville earlier today. $1.92/gal
still a great deal compared to, what was it, 2004 when all the hurricanes came through the south and gas was about $5/gal everywhere .
gas prices are going to go up and down, that's just what happens.
but big news this week is GM announcing after 2035 they will no longer make cars with gas engines.
things change that's just life.

[Ickisrulz]

but big news this week is GM announcing after 2035 they will no longer make cars with gas engines.
things change that's just life.

I betcha they don't!

[megasupermagnum]

I drove by a Shell station this morning. Cheapest gas was $3.90. People pushing for electric vehicles simply do not understand the problems associated with wet cell batteries. I worked with them for many years at the phone company. Some were very large, Over 4 feet tall. The phone company only used them if both Edison and the Diesel generator failed. Most of the time they simply float on line and acted as a filter. The acid in them is very corrosive and the gas is flammable. I saw a video taken in an underground parking lot and a battery powered car started smoking and then burst into flames. Wait until most of the cars are battery powered. A freeway pile up will be horrible to see. I have no idea how those idiots think they are going to move all our food and other necessities without diesel trucks.

Electric cars were outdated, and dumped back in the 1800's. I can't wrap my head around why anyone would think that is the wave of the future either. It doesn't matter how many charging systems they install, it takes too long to charge a battery to equal the 5 minutes it takes to fill a car with gas. Until the day comes that an electric motor car can drive 1000+ miles between charges, and where they will last 15+ years and 300,000+ miles, electric cars will be, and likely always will be outdated and inferior technology. We already live in a disgustingly wasteful society. We should be making cars last longer, not turn them into throw away toys just so they boast lower emissions in the short term. A stupid as it sounds, I think steam power has more potential in the future, than battery powered cars.

[farmbif]

the biggest environmental lie/scam whatever is what they are calling biomass--what a joke this thing is- cut dow a kazillion trees to feed a biomass generating station.
these environmental organizations are just after the $$$$$ just like politicians they will say whatever it takes to fill their pockets $$$.
if these biomass people get things the way they want em, watch out there won't be anyplace left to go hunting in the not too distant future. they gonna burn up all the forests so we won't have to use oil. if they get their way our children will have no use for hunting rifles. they gonna get rid of guns and the forests. these are the most dangerous people we need to push back against.

[Winger Ed.]

Maybe we could get the biomass folks and the tree huggers together, and let them duke it out.

[Petrol & Powder]

Around $2.25 gallon at Virginia State Line station. Add another $0.15 a gallon in WV near me.

You can thank the Democrats in the Virginia General Assembly and that *** Governor Northam for the increase in gasoline tax in Virginia. We were paying 16.2 cents/gallon state gasoline tax. The DEMOCRATS decided that wasn't enough and increased Virginia's gasoline tax to 21.2 cents / gallon in July of 2020 BUT wait, there's more! In July of 2021 the gasoline tax goes to 26.2 cents / gallon in Virginia and is then indexed to inflation, so you can bet it will go even higher after that.
So while Virginia isn't quite to West Virginia's 35.7 cents / gallon rate, we're catching up.

You can also bet your last dollar that the democrats will increase spending obligations on projects so even if they lose control of the legislature, it will be nearly impossible for future legislatures to reduce the gasoline tax because of financial obligations taking on during the time of democrat rule.
The liberals are like a cancer.

[Winger Ed.]

The DEMOCRATS decided that wasn't enough and increased Virginia's gasoline tax to 21.2 cents /

Was it promoted like the last fuel taxes I remember going into effect?

The last time our per gallon tax went up, it was in the early Clinton years when the federal govt. put another 5 cents on it.
Then there-abouts, our Dem. governor Ann Richards got another 5 cents a gallon for a additional state tax.

Both were hyped, and promoted to 'tax the rich' with all their big SUVs.
It worked.
All the soft heads and mouth breathers were dancing in the street when they both passed.

[Petrol & Powder]

Was it promoted like the last fuel taxes I remember going into effect?

The last time our per gallon tax went up, it was in the early Clinton years when the federal govt. put another 5 cents on it.
Then there-abouts, our Dem. governor Ann Richards got another 5 cents a gallon for a additional state tax.

Both were hyped, and promoted to 'tax the rich' with all their big SUVs.
It worked.
All the soft heads and mouth breathers were dancing in the street when they both passed.

It was promoted as revenue for transportation infrastructure improvements but the reality is it is a tax on rural people (read that as republicans ). Urban dwellers are overwhelming democrat voters and they don't typically need to drive as much per year. So the dems can increase state fuel taxes and target those taxes on republican voters and out of state drivers passing through the state.
The dems don't feel the pain (at least not directly) and they see it as a tax to reduce fossil fuel use.

What they don't seem to grasp (because they are a bit slow when it comes to reality and thinking more than one step ahead) is higher fuel costs translate into higher costs for EVERYTHING. And reduced revenue from out of state fuel buyers that intentionally purchased fuel in out previously low tax state.

[bangerjim]

And you are surprised for what reason???????????????

With Bidumb as POTUS and his magic pen, all the pipelines are shut down, exploration is gone, fracking is gone, oil production is swindling.

Yes..................people who voted for Bidumb did not realize what they would get. We all sure did.

And he puts Lurch in as Energy CZAR? OMG!

[shooterg]

Biden said he would not raise taxes on anyone making less that $400,000. But believe you me all commodities especially petroleum products will take a larger chunk of your income due to his policies. So what's the difference how your buying power is diminished?

Exactly . And for those that believed the $400,000 line and voted Biden in , there are still bridges in Brooklyn for sale. And probably an increased Federal gas tax to boot . All that free stuff ain't cheap !

[rbuck351]

I'm wondering if all the congress folks are planning on going to DC in the new electric jumbo jets or may drive from Kommifornia to DC in their tesla. I wonder how many fill ups on electricity that will take. Also, as it now takes a few minutes to fill with gas, you can fill around 12 cars per hour per pump. With an electric fill up I'm not sure how long it takes but I would guess it takes an hour or more. So to handle the same amount of traffic, filling stations are going to need at least twelve time the number of charging "pumps" along with 12 times the amount of parking area while the car charges and twelve times the number of seating at the diner while folks wait for a fill up. Sounds real practical. But I suppose like normal the congress will allow fossil fuel jets for them but not for the normal folks.

Can you imagine electric long haul trucks. By the time you put enough batteries in the truck to haul 50 tons there wouldn't be space for a load and I have no idea of the charge time required.

To top it all, if we go to all electric transportation, where are we going to get the electricity to replace all the fossil fuel. There are still a lot of fossil fuel power plants that will have to go.

Unintended consequences are a real pita.

[Texas by God]

My former boss has a Tesla car. Very nice. His lake house is an hour away from his house in town. He can't make a round trip without recharging. Wow.
Gasoline was $1.91 per gallon here yesterday.

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[GOPHER SLAYER]

Bill Lear who developed the Lear jet spent a few years and a gazillion dollars trying to make a steam car that was practical and would replace the internal combustion engine. He gave up. During a race in the early days of the 20TH century a steam powered car blew up. I think it was in Florida, Maybe Daytona. It put an end to steam powered cars.

[Shawlerbrook]

The climate czar wants to take away your fossil fuels and force you to live on wind, sun and chipmunks, but don’t touch his private jet or put wind turbines near his summer house. Hypocrites!

[jonp]

My former boss has a Tesla car. Very nice. His lake house is an hour away from his house in town. He can't make a round trip without recharging. Wow.
Gasoline was $1.91 per gallon here yesterday.

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I find that hard to belive as every Tesla I'm aware of has a range of over 200 miles and the new extended range cars are over 400

[Texas by God]

jonp, I'm just going by what he told me. I'm sure that he charges it overnight at the lake house just to be safe. 200 miles isn't far down here. I commute 90 miles round trip every weekday, not counting side trips. They are an impressive status symbol vehicle but even if I had his money- I'd still burn gas or diesel in a much nicer Ford or Chevy truck.
I wish that I could convert my vehicles to run on natural gas straight from the pipeline.....

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[2A-Jay]

$351 /Gallon here in Long Beach WA as of 3 days ago.

[Butzbach]

I wonder what they will make their battery cases out of when there is no petroleum industry to supply plastic.

[Petrol & Powder]

I wonder what they will make their battery cases out of when there is no petroleum industry to supply plastic.

There you go applying logic and facts.
Liberals are driven by emotion.

[JonB_in_Glencoe]

Gas went from $2.10 to $2.40 in my area in just the last week.
A bit of a climb for one week. I suspect it's the beginning of a trend :(

[CastingFool]

I just got gas at Sam's, $2.12, everyone else in town is running 2.40 and up. Sam's in another town was $2.25

[444ttd]

nope, the keystone pipeline has nuthin to do with it. i mean, its not like like we were energy independent again. oh wait minute, i forgot, we were.....

[Buzz Krumhunger]

Up 35¢ a gallon since end of last year, here in San Antonio.

[BeeMan]

I wonder what they will make their battery cases out of when there is no petroleum industry to supply plastic.

Be careful what questions you ask. The answer you get might surprise you. https://www.hempplastic.com/

[gbrown]

Gas prices here go up and down. Of course I am close to the refineries. SETX, so transportation is lower. Right now, I'm paying $1.99 for regular, plus .10 discount at Krogers, "fuel points". I can't complain, but I know you that are farther away from the refineries pay a heap more, considering the transportation costs. I

[rrob692326]

4 bucks here, likely to rise to 5 or 6 bucks a gallon in a short time. it's Hawaii, so forget bitchin, and move along, take your 8 dollar a loaf of bread, and 8.50 a gal. milk, back to your 4 grand a month 2 bedroom 600 sq ft. rental apt. nothing new or exciting to see here.

[white eagle]

a while back a .30 cent price increase would have been price gouging
but no more

[jim147]

Went up another ten cents here today.

[Hossfly]

Sams 2.05 today here and local stations 2.15.

[Dirtshooter]

I figure $6 a gallon by end of next year, $8-10 by the time Bidumb is out of office, unless they can squeeze us for more. Shoot let's just make it an even C note!! Hope all the Morons that voted for ole Joe are as happy as they can be!!

[gbrown]

Yep, gas went to 2.09 here, today. Same place it was (1.99) on Sunday, the 7th. Fluctuates just like that. I'm not sure I have a good idea why. Market, middle man, or what. That's the way its done for the past few years.

[Winger Ed.]

. Fluctuates just like that. I'm not sure I have a good idea why.

Most per gallon expenses for the refiners, pipelines, & taxes are fixed.
When the per barrel crude price goes up:
Refined gasoline and the higher fuel costs for moving it & crude oil around both go up at the same time.

You'd think the govt. would want fuel to be as cheap as possible since they collect their taxes on per gallons sold.
The cheaper it is, the more everybody uses.

[toallmy]

The real pain from this after the big hit at the pump when fueling up , will be the cost of goods increasing due to fuel cost . The ripple effect of higher energy prices is economy crushing , possibly a planned end goal of the extreme left .

[Petrol & Powder]

Increased fuel prices result in increased prices for everything.

[roverboy]

I was off the weekend and they called off work today, so I don't know if it went up or not but, Friday is was running about $2.29 a gallon.

[MrHarmless]

I think we're doing pretty well for coming off of a massive recession. There was a massive oil surplus this year that drove the market down pretty substantially. There wasn't enough space to store the stuff. This is the correction. Doesn't have anything to do with pipelines, our who is in the whitehouse. Does anybody remember 2008? I remember gas at over $4 per gallon. I drove a 98 Suburban at the time and it was not kind to my wallet.

[Petrol & Powder]

I agree that who is in the Whitehouse will not affect the price of oil over the course of a few weeks. I also agree that SOME of this current increase is a correction to the wildly changing demands for fuel that we've seen over the last year. The demands for jet fuel (particularly in Europe and Asia) have dropped significantly.

HOWEVER, the liberals are going to make war on fossil fuels and that political force will affect the price of oil. Severe reductions in extraction on federal lands, increased regulation, incompetent foreign policy (a hallmark of the democrats) and increased taxes will drive the cost of oil up. In my state we had one of the lower gasoline taxes on the east coast. The dems took control of our legislature and the governor's mansion, and the results were predictable. The liberals raised Virginia's gasoline tax by 10 cents a gallon and didn't cap the increase, so they're not done yet.
These increased taxes affect everyone but they are particularly harmful to conservatives that tend to live in rural areas. Part of the liberal strategy is to attack the finances of conservatives.

In addition to oil, the war on coal will return. Norfolk, Virginia is home to one of the largest coal loading facilities in the world. We export coal from there and that operation is supported by a huge rail network and mines. During the Obama administration I personally observed MILES upon MILES of empty coal hopper cars, sitting idle on rail sidings. I anticipate that will return under the Biden administration.
Market forces are always present but so are political forces.

Elections have consequences.