Blame Trump for higher gas prices

[paperfist]

If it goes upwards of $4, will people be scrambling again to get rid of their SUVs and trucks?

What's weird is Ford is killing off car lines to build more trucks. I dunno if that's because the EPA lowered MPG requirements or purely sales driven, but I wonder if they considered high fuel costs?

Any isn't the costs per barrel still down? When gas was close to $4/gallon it was $100/barrel.

 

[Jhhnn]

the lower gas prices was not due to policy. this really just proves that gas prices are based on things like supply and demand and much less on twitter rants.

also. lived there too... keep moving further away. now on the outskirts of longmont.

Never even read the link in the OP, huh?

 

[ivwshane]

the lower gas prices was not due to policy. this really just proves that gas prices are based on things like supply and demand and much less on twitter rants.

also. lived there too... keep moving further away. now on the outskirts of longmont.

Just because you say that lower gas prices weren't due to policy doesn't make it so.

 

[Zorba]

Nope. People already are taxed enough. For a massively bloated govt bureaucracy. They can get a lot of funding by reducing govt departments and military.

I see a lot of crossover SUVs now. I think they have better mpg and at least these folks wouldn't be scrambling to get rid of them

Hopefully you never complain about roads. Fuel tax has not at all kept up with inflation, fuel mileage gains, or additional design burdens from new codes.

Really fuel tax needs to be dumped and replaced with a usage tax based on miles driven and vehicle weight.

 

[Kobota]

Rather than hoping for higher gas prices to get people to do the right thing, I want to see outrageously high gas guzzler taxes. That way it won't hurt reasonable people or people who can't afford to buy a new car. Right now, a 22mpg vehicle is only charged $1000, lets see how things change if we add a zero to that.

 

[IJTSSG]

Trumps blundering mouth and wayward policies are the driving force behind higher gas prices and they are predicted to hover around $3 a gallon this summer because of it. Next time you fill up remind yourself of who's taking that money from your pocket.
http://money.cnn.com/2018/05/02/news/3-dollar-gas/index.html

Good. Higher gas prices = More profit for my company = bigger bonus for me. As long as the Brent and WTI margin is big enough, it's all good.

 

[pcgeek11]

Gas prices always go up in the summer.

Meh.

 

[piasabird]

Blame California raising the gas tax!

https://www.yahoo.com/finance/video/california-gas-tax-sparks-revolt-223746618.html

In a way you could be partially correct about Trump responsible for causing the gas prices to go up. You see his economic policies are causing more people to find work. Then all those people with a new job have to drive to work. This causes a spike in demand and the gas people just increase their prices to take advantage of it. You know the old saying. Never let a crisis go to waste.

National average gas price $2.81
California gas price $3.61

This seems to be a California Government Problem.

 

[ivwshane]

Blame California raising the gas tax!

https://www.yahoo.com/finance/video/california-gas-tax-sparks-revolt-223746618.html

In a way you could be partially correct about Trump responsible for causing the gas prices to go up. You see his economic policies are causing more people to find work. Then all those people with a new job have to drive to work. This causes a spike in demand and the gas people just increase their prices to take advantage of it. You know the old saying. Never let a crisis go to waste.

National average gas price $2.81
California gas price $3.61

This seems to be a California Government Problem.

The difference between the unemployment rate when Obama left office and the current rate is .02% which is about 300k. Strike 1.

The total sales for gas per gallon has remained relatively constant since 2015 (if slightly rising). Strike 2

The tax went up $.12 a gallon. Gas prices have increased nationally since trump got elected, after having decreased for two years straight. Strike 3

Try again

 

[pcgeek11]

Looks like a slight upwards price trend since February 2016.

https://ycharts.com/indicators/gas_price

https://inflationdata.com/articles/historical-gas-price-comparison-chart/

 

[Noah Abrams]

When I see these moms driving these very expensive SUVs, I think what would it matter to them if the gas price goes to $6 per gallon. These are obviously very rich people.

 

[Jhhnn]

When I see these moms driving these very expensive SUVs, I think what would it matter to them if the gas price goes to $6 per gallon. These are obviously very rich people.

Not necessarily. I could take a cash out refi on the house, buy a fancy SUV & be paying for it 20 years after it's in the scrapyard...

 

[killster1]

Trumps blundering mouth and wayward policies are the driving force behind higher gas prices and they are predicted to hover around $3 a gallon this summer because of it. Next time you fill up remind yourself of who's taking that money from your pocket.
http://money.cnn.com/2018/05/02/news/3-dollar-gas/index.html

is it just me or do you actually drive a car? if so is this year your first year driving? Every summer gas prices near 5$ a gallon and every winter they drop to 2$ a gallon. You think it has anything to do with TRUMP ok well he must have been in on it 20 years ago right?

 

[Chaotic42]

Having lived through several of these cycles the answer is: of course.

Good, I'm looking to buy a decent used truck later this year.

 

[Thebobo]

Thanks Trump.

 

[killster1]

Blame California raising the gas tax!

https://www.yahoo.com/finance/video/california-gas-tax-sparks-revolt-223746618.html

In a way you could be partially correct about Trump responsible for causing the gas prices to go up. You see his economic policies are causing more people to find work. Then all those people with a new job have to drive to work. This causes a spike in demand and the gas people just increase their prices to take advantage of it. You know the old saying. Never let a crisis go to waste.

National average gas price $2.81
California gas price $3.61

This seems to be a California Government Problem.

 

[Noah Abrams]

The other day I was at chic fila seated just adjacent to the drive through lane. I swear every vehicle I saw was some SUV or truck. I don't think I saw one sedan - no I think there was just one - in the entire time. Ditto with grocery store parking lots....my sedan gets lost in between all these big vehicles....

 

[glenn1]

The other day I was at chic fila seated just adjacent to the drive through lane. I swear every vehicle I saw was some SUV or truck. I don't think I saw one sedan - no I think there was just one - in the entire time. Ditto with grocery store parking lots....my sedan gets lost in between all these big vehicles....

<shrug> I prefer small cars myself but if a used SUV came up with a good price I'd certainly buy it. It doesn't excuse away the idiocy of the person who bought a ginormous expensive SUV new from the lot, but you can't judge the person who's driving one now since that used SUV might be all they can afford now. People looking to resell cars like Civics or whatnot price them as if their body panels are made from platinum or something so total cost of ownership (TCO) of a used SUV is often going to be less than TCO of a used small sedan. Even though the former uses more gasoline you can buy a lot of fuel with the price premium you aren't paying for a non-SUV. You can often buy a used Ford Escape or similar for less than what you'd get for parting it out.

 

[Thebobo]

Thanks Trump!

 

[Noah Abrams]

The decision on the Iran deal is coming soon and the uncertainty has already driven up prices. If America kills the deal the prices would go up more. But the Iranian govt is a bunch of ruthless killers and bastards - what they have done in Syria are horrific war crimes. It would be the right thing to do to punish them

 

[Triloby]

The other day I was at chic fila seated just adjacent to the drive through lane. I swear every vehicle I saw was some SUV or truck. I don't think I saw one sedan - no I think there was just one - in the entire time. Ditto with grocery store parking lots....my sedan gets lost in between all these big vehicles....

The average sticker prices of new sedans have risen to the point where you won't be saving much buying a sedan compared to paying a little bit more for an SUV. And at the end of the day the SUV is bigger and probably looks better (subjectively) than a sedan. Sure, you'll end up paying a little bit more than a regular sedan, but the difference isn't going to really break the bank that much.

If you're looking at a Honda Civic or Accord and see that the prices of those two cars are only slightly cheaper than a Honda CR-V or such, why bother with the sedan/coupe when the CR-V and the new HR-V looks to be a better buy? I'm guessing that's what's going on here.

 

[Thebobo]

Thanks Trump

 

[glenn1]

The average sticker prices of new sedans have risen to the point where you won't be saving much buying a sedan compared to paying a little bit more for an SUV. And at the end of the day the SUV is bigger and probably looks better (subjectively) than a sedan. Sure, you'll end up paying a little bit more than a regular sedan, but the difference isn't going to really break the bank that much.

If you're looking at a Honda Civic or Accord and see that the prices of those two cars are only slightly cheaper than a Honda CR-V or such, why bother with the sedan/coupe when the CR-V and the new HR-V looks to be a better buy? I'm guessing that's what's going on here.

Per Edmunds the total cost of ownership for 2018 Hondas:

Civic: $33,513 (MPG: 32/42)
Accord: $39,268 (MPG: 30/38)
CR-V: $39,848 (MPG: 28/34)

The anti-SUV crowd hates them more for what they symbolize ("excess," needs of large families, etc.) than actual use of resources or costs.

 

[Noah Abrams]

The average sticker prices of new sedans have risen to the point where you won't be saving much buying a sedan compared to paying a little bit more for an SUV. And at the end of the day the SUV is bigger and probably looks better (subjectively) than a sedan. Sure, you'll end up paying a little bit more than a regular sedan, but the difference isn't going to really break the bank that much.

If you're looking at a Honda Civic or Accord and see that the prices of those two cars are only slightly cheaper than a Honda CR-V or such, why bother with the sedan/coupe when the CR-V and the new HR-V looks to be a better buy? I'm guessing that's what's going on here.

Yeah good point. But do these cross overs like CR-V ride ok, or is the ride hard?

 

[Triloby]

Per Edmunds the total cost of ownership for 2018 Hondas:

Civic: $33,513 (MPG: 32/42)
Accord: $39,268 (MPG: 30/38)
CR-V: $39,848 (MPG: 28/34)

The anti-SUV crowd hates them more for what they symbolize ("excess," needs of large families, etc.) than actual use of resources or costs.

Either way, the price difference isn't as huge as some people would think. People will cross-shop a brand's sedan and SUV offerings if they can. I also think that people will cross-shop the Civic with the HR-V when it comes to purchasing decisions. The 2018 HR-V's TCO comes out to be $34,824, so it doesn't look THAT much more expensive than the Civic.

Yeah good point. But do these cross overs like CR-V ride ok, or is the ride hard?

I wouldn't know since I've never driven them. But some reviewers have pointed out that the CR-V does have a good and comfy ride, maybe the same or better than their Accord offerings. The HR-V, however, has complaints about engine noise and vibration. Ride quality is about average with the seats being a complaint.