Gas prices falling

evince

evince

Truthmatters
https://www.cbsnews.com/news/gas-station-prices-oil-fuel-cost/



Gas prices are now below $3 a gallon in eight states, including Georgia at $2.93 and Mississippi and Texas at $2.94, according to fuel tracker GasBuddy. That's likely to continue given the market's dynamics, which means drivers in additional states are likely to see their local gas prices drop below $3 a gallon — providing some pocketbook relief as the holidays approach and more Americans take to the roads, according to experts.
 
evince said:
You gonna credit Biden?
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When gas prices fall another dollar to at or below where they were when Bribem took office, I might give him some credit. Right now, the credit he deserves is for having a hand in raising gas prices somewhere between 50 and 100% over what they were when he took office.
 
T. A. Gardner said:
When gas prices fall another dollar to at or below where they were when Bribem took office, I might give him some credit. Right now, the credit he deserves is for having a hand in raising gas prices somewhere between 50 and 100% over what they were when he took office.
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Well, those facts certainly shoots the OP's nonsense right out of the water. To think that there's still leftist fools around that think
Bidenomics is something to praise. LOL!
 
evince said:
Our economy got way better under Biden
Republicans are calling it a disaster
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That's because it's been a disaster.

The CPI is up close to 30% since Biden took office.

https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm
https://www.bls.gov/opub/ted/2022/p...p-13-5-percent-for-year-ended-august-2022.htm

Real wages have fallen
Consumer credit owed is at an all-time high
Shortages of materials and goods continue to plague the economy
Inflation--cumulative--is at a 40+ year high

Not one thing has Bribem done to make the economy better. All he's done is spend money we don't have and fuck things up.
 
T. A. Gardner said:
That's because it's been a disaster.

The CPI is up close to 30% since Biden took office.

https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm
https://www.bls.gov/opub/ted/2022/p...p-13-5-percent-for-year-ended-august-2022.htm

Real wages have fallen
Consumer credit owed is at an all-time high
Shortages of materials and goods continue to plague the economy
Inflation--cumulative--is at a 40+ year high

Not one thing has Bribem done to make the economy better. All he's done is spend money we don't have and fuck things up.
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This revolution is successfully destroying the middle class, as revolutions tend to do.

Obviously this has an impact on crude needs and gas prices.
 
The world economy was sunk by Russia's attack on Ukraine. The slashing of oil and food supplies was felt quickly across the globe. Biden has America recovering faster and better than any other industrialized country. It should make all Americans pleased that he is doing such a good job.
 
Nordberg said:
The world economy was sunk by Russia's attack on Ukraine. The slashing of oil and food supplies was felt quickly across the globe. Biden has America recovering faster and better than any other industrialized country. It should make all Americans pleased that he is doing such a good job.
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Unless Americans realize this war never would have happened under Trump.
 
We have a repeat of Clinton and Obama, where a Democrat is running for reelection, while Republicans attack him for not recovering from the failures of the last Republican fast enough. And they claim that the last Republican is not to blame for the failures under his watch.

After Biden is reelected, I expect the economy to be roaring by the time of the 2028 election, just like it was twice before.
 
T. A. Gardner said:
Yes, they do, you haven't proved otherwise.
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For there to be 30% increase over 33 months, there would need to be an average of 10% inflation a year. Your own link shows that we peaked at 9.1%, and averaged about 6%. There is no way to get an average of 10% with a peak of 9.1%. That is just reality.

We are currently bouncing between 3% and 4%, much lower than the double digit inflation you claim. It is higher than we want, but not only are we not as bad as you claim, it has been 40+ years since we have been as bad as you claim.
 
evince said:
https://www.cbsnews.com/news/gas-station-prices-oil-fuel-cost/



Gas prices are now below $3 a gallon in eight states, including Georgia at $2.93 and Mississippi and Texas at $2.94, according to fuel tracker GasBuddy. That's likely to continue given the market's dynamics, which means drivers in additional states are likely to see their local gas prices drop below $3 a gallon — providing some pocketbook relief as the holidays approach and more Americans take to the roads, according to experts.
Click to expand...


I thought when things went to shit in the middle east, gas prices rose?

Oh, now we understand the billions Biden is giving to Iran - trying to erase the pain at the pump to salvage his collapsing campaign...
 
evince said:
https://www.cbsnews.com/news/gas-station-prices-oil-fuel-cost/



Gas prices are now below $3 a gallon in eight states, including Georgia at $2.93 and Mississippi and Texas at $2.94, according to fuel tracker GasBuddy. That's likely to continue given the market's dynamics, which means drivers in additional states are likely to see their local gas prices drop below $3 a gallon — providing some pocketbook relief as the holidays approach and more Americans take to the roads, according to experts.
Click to expand...

Just wanted to mention that some brands of gasoline switch out their gasoline that does not include alcohol additives in the fall, and replaces it with the gasoline with alcohol, and it lowers the price. Gasoline with alcohol additives lowers the price of Gasoline.

They will switch back next Spring with the more expensive gasoline without the alcohol!

This is the reason why the price of gasoline always goes down in the Fall and Winter months, and becomes more expensive in the Spring through the Summer months.

Not all brands do this, as some like Racetrack and Murphy's, for example, sell the gasoline with the alcohol additive year round.

Alcohol evaporates at a faster rate than Gasoline while transferring during the hottest months of the year, so the major Gasoline brands only sell the alcohol added to the gasoline during the coolest months of the year.
 
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