Will you hail Trump?

Diogenes

Nemo me impune lacessit
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Based on available information, it appears that retail gasoline prices in the U.S. have decreased over the past week. Gasoline and diesel prices dropped across the U.S. during this period.

AAA indicates a slight decline in the national average gas price, moving from $3.10 per gallon on February 27, 2025, to $3.09 per gallon by March 6, 2025. While this specific data point is from a few days prior to the current date of March 9, 2025, it aligns with a trend of softening prices in early March.

Without more precise daily data up to today, the general sentiment and available weekly averages support the conclusion that prices have decreased in the past week.




@Grok
 
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WON'T YOU HAIL TRUMP?



Donald Trump took office for his second term on January 20, 2025.

Oil prices are typically measured using benchmarks like West Texas Intermediate (WTI) crude, which is a key indicator for U.S. oil prices.

On January 20, 2025, the WTI crude oil price was approximately $72.50 per barrel, based on market data from that time.

Oil prices have indeed softened in early 2025, with WTI dipping below $70 per barrel by late February and continuing to trend downward into early March, reaching levels around $62-$65 per barrel according to market reports.

This decline is attributed to a combination of factors, including market anticipation of Trump’s energy policies (such as increased domestic production and stricter sanctions on oil-exporting nations like Iran), weaker global demand, and existing supply dynamics.

Trump’s “drill, baby, drill” rhetoric and early moves like establishing the National Energy Dominance Council (announced in February 2025) signal a push for higher U.S. production.





@Grok
 
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