Thanksgiving Gas Prices Could Hit Lowest Level Since 2020. God bless President Biden.

Joe Capitalist said:
Thanksgiving Gas Prices Could Hit Lowest Level Since 2020 — As Cost Keeps Sliding

https://apple.news/AbmRXplMZTlyhFhYPFYRW-Q

Gas prices nationwide have been decreasing for weeks — and are expected to keep falling — ahead of a Thanksgiving travel period that experts and the Transportation Security Administration expect to be one of the busiest in years, but could be the most affordable for drivers since November 2020.

The national average gas price dropped to $3.33 on Thursday, down from $3.39 last week, $3.58 a month ago and $3.73 a year ago, according to data from AAA.
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As of Friday, 11 states had gas under $3 per gallon, and the most common gallon price was $2.99, according to Patric De Haan, head of petroleum analysis at GasBuddy. 
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Mississippi has the cheapest gas in the country as of Friday, averaging $2.81 a gallon, followed by Texas, where gas is $2.83, and Georgia, where the average is $2.84, according to AAA data. 
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The most expensive gas in the country can be found in California ($5.02), Hawaii ($4.74) and Washington ($4.46).
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Data from the Energy Information Administration shows gas demand decreased from 9.49 million to 8.95 million barrels per day last week, and AAA analysts said that the lower gas demand, along with the declining price of oil, are why the pump prices are so low.


“Average gas prices have plummeted in all 50 states in the weeks ahead of Thanksgiving, with $2.99 prices spreading like wildfire just in time for the start of the holiday season,” De Haan said in a GasBuddy press release, adding that drivers this Thanksgiving will save “over half a billion dollars from Wednesday through Sunday” compared to last year.
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Optimal word? "Could". Idiot.
 
Nordberg said:
It does not work that way. People are buying huge vehicles and trucks . Yet they bitch about high gas prices. Look around in a parking lot. Sedans are few. They were 21 percent of vehicles bought last year.
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Interesting. Sedans are vastly outnumbered by trucks and SUVs here, but I assumed it was due to our winter weather and a mostly working-class population, rather than just a preference for big vehicles. There are a surprising number of Teslas here, too. Mr. Owl's car is a Mazda sedan; mine is a Subaru Forester. We get approximately the same mileage -- 30 mpg.
 
Meanwhile...

Beef prices are at record highs, and your steak is becoming ...
CNBC
https://www.cnbc.com › 2023/10/25 › beef-prices-are-at-...
Price of beef from www.cnbc.com
Oct 24, 2023 — Retail beef prices are currently hovering around record levels of about $8 per pound, according to data from the United States Department of ...
 
ExpressLane said:
OK Remind me who was President in 2018? :thinking:

The average price of gasoline in the United States in 2018 was $2.74. The average price of a gallon of regular gasoline ranged from $2.57 in Mississippi to $3.77 in Hawaii.

CDC reports the first laboratory-confirmed case of the 2019 Novel Coronavirus in the U.S. from samples taken on January 18 in Washington state and on the same day activates its Emergency Operations Center (EOC) to respond to the emerging outbreak.
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Take inflation into account and the cost is much cheaper now.
 
Nordberg said:
It does not work that way. People are buying huge vehicles and trucks . Yet they bitch about high gas prices. Look around in a parking lot. Sedans are few. They were 21 percent of vehicles bought last year.
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Look around the parking lot? Ok, let's break this down.

1) higher gas prices affect everyone differently - for those with money it may be an annoyance but it could play less of a role in the type of car one chooses

2) the argument I posted never said NO ONE will buy SUV's or gas guzzlers when prices go up; rather they make EVs and more fuel efficient cars more enticing

3) maybe you buy a new car every year but I don't think most people roll that way; so to say "look in the parking lot" doesn't take into account when people bought those cars

4) and the percentage of vehicles bought last year doesn't tell us whether than number is going up or down correlating with gas prices; what were the previous years percentages?
 
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ExpressLane said:
The average charge cost to drive one mile in a Tesla is 4.56 cents a mile.



EV's on average cost 10k more than an ICE car. At $3 a gallon you can buy 3,333 gallons of gasoline on a car that gets 20 miles per gallon that's 66,666 miles or 15 cents a mile. The average charge cost to drive a Tesla 4.56 cents a mile. So driving an EV 66,666 miles costs $3040 to drive. So it takes 95,785 miles to recoup the $10,000 extra cost of an EV.
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https://www.solarreviews.com/blog/how-much-does-it-cost-to-charge-a-tesla-is-it-the-same-as-the-cost-to-charge-other-electric-vehicles#:~:text=The%20Tesla%20Model%20X%20costs,about%204.3%20cents%20per%20mile.

The Tesla Model X costs about $17.55 to fully charge, which comes out to about 5 cents per mile.
It will cost around $10.49 to charge a Tesla Model 3. Depending on the variant, this is between 4 and 5 cents per mile.
If you own a Tesla Model S, you can expect to pay about 4.3 cents per mile. A full charge will cost $17.55 total.
The cost to charge a Tesla Model Y is about $13.16, or 4 cents per mile.
The cost to operate an electric vehicle is substantially lower than the cost of a conventional gas-powered car, and it can be even cheaper when you charge your EV with solar panels.
 
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Charging an EV also doesn't account for opportunity costs that a person might incur. Depending on when and where you have to charge the vehicle, it could result in the loss of substantial income that you could be generating if you weren't sitting for an hour or two waiting for your car to charge. Even if it were simple personal time, you could be wasting your time sitting waiting for a charge to finish instead of doing some other activity that is personally fufilling.

This is no different from having to take public transit. The time you waste sitting waiting for a bus or train, or whatever, along with the usual longer transit times to your destination (including having to walk some distance at both ends of travel) means you waste time that could otherwise be productively used. This may be acceptable for some radical Leftist on welfare and such, but it isn't for people who work for a living and have productive personal time where they are doing things that enrich their lives.

While this can't easily be measured, it still counts. For those with full, productive, lives, an EV is likely a bad choice in transportation due to the much longer charge times, often unavailable charging station, and the hassle of charging in general. If accounts from people who have tried EV's and gone back to ICE vehicles is any indication, they see all of this as a huge economic and personal negative with regards to using an EV.

Again, the radical Left pushing an agenda where they haven't thought things through is fucking up the lives of many people by not allowing them any choice in the market.
 
Hawkeye10 said:
Go Now...America only gets worse from here.....it looks like a CCP controlled implosion project.
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HOLY SHIT, we thought the previously reported third quarter 4.9% GDP was great?

The numbers have been revised upwards to 5.2% from July to September for President Biden's economy, according to the Department of Commerce!

And, despite all of Trump's empty campaign promises, he wasn't even able to hit 3%.
 
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