WTI CRUDE

No. The national average for a gallon of gasoline today is $4.17. I'm willing to bet it will be less in 2 months by June 28th. And that gives you an advantage because gas tends to go up during the summer.


JAROD: I wont wager because I think the Oil price per barrel might come down, but I am iffy on that.

Ill bet on gas prices, will you?
Nice try, aaa.com says $4.03 is the national average. If we use that baseline as a standard, I’ll bet ya.
 
Promises made... Promises kept?


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Throughout his 2024 campaign, Donald Trump consistently promised to drastically lower gasoline and energy prices, often using specific numerical targets and timeframes. H


Key Campaign Promises

50% Reduction in 12 Months: Trump repeatedly pledged to cut all energy costs, including gasoline, by at least 50% within his first year in office. He made this specific 50% promise at several major events:
York, Pennsylvania (August 19, 2024): Pledged that heating, air conditioning, and gasoline bills would drop by more than half within 12 months.

Michigan (September 2024): Stated his goal was to "cut your energy costs in half within 12 months".

Detroit Economic Club (October 10, 2024): Declared that "your gasoline for your car is going to be 50% cheaper" exactly 12 months from his inauguration.

Gasoline Below $2 per Gallon: Another frequent target was bringing the national average for regular gasoline below the $2 mark.

Economic Club of New York (September 2024): Promised that by "going down and getting gasoline below $2 a gallon," he would lower the cost of everything else, from groceries to airfares.

General Campaign Trail: Often cited specific figures like $1.87 a gallon as a target, claiming these levels were seen during his first term.
 
Meanwhile in Tehran, one US gallon of 95 Octane gasoline is sold for $0.110.



 
Can righties ever understand that the price of oil is determined on commodity markets? There is a world price determined by world supply and speculators.
There is no 'world price'. The price of any transaction is determined by the buyer and seller agreeing on a price. For an international trade, the currency to be used is also specified in the contract.

Commodity markets are speculations on a future price (they are also called futures markets). Upon maturity, they buy the oil at that price. It's just another way to bid. Reversal fallacy.
 
No. The national average for a gallon of gasoline today is $4.17. I'm willing to bet it will be less in 2 months by June 28th. And that gives you an advantage because gas tends to go up during the summer.


JAROD: I wont wager because I think the Oil price per barrel might come down, but I am iffy on that.

Ill bet on gas prices, will you?
Careful. He welches on bets.
 
Nice try, aaa.com says $4.03 is the national average. If we use that baseline as a standard, I’ll bet ya.

National average gas prices

[th width="187.196px"]Regular[/th][th width="187.196px"]Mid-Grade[/th][th width="187.196px"]Premium[/th][th width="187.196px"]Diesel[/th][th width="187.218px"]E85[/th]
[td]
Current Avg.
[/td]
[td]$4.176[/td][td]$4.674[/td][td]$5.047[/td][td]$5.461[/td][td]$3.307[/td]
[td]
Yesterday Avg.
[/td]
[td]$4.111[/td][td]$4.592[/td][td]$4.969[/td][td]$5.449[/td][td]$3.213[/td]
[td]
Week Ago Avg.
[/td]
[td]$4.022[/td][td]$4.526[/td][td]$4.897[/td][td]$5.511[/td][td]$3.155[/td]
[td]
Month Ago Avg.
[/td]
[td]$3.976[/td][td]$4.501[/td][td]$4.864[/td][td]$5.393[/td][td]$3.139[/td]
[td]
Year Ago Avg.
[/td]
[td]$3.150[/td][td]$3.620[/td][td]$3.976[/td][td]$3.536[/td][td]$2.595[/td]
 
You said your car is electric and uses very little fuel. The price of gas should be inconsequential for you.
The price of gas is a cause of inflation on the overall economy dumbshit, trucks use gas, tractors his gas, fertilizer is made using oil.
 
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