Gas Prices Skyrocketing

[dmcowen674]

June 8, 2020

India Gasoline prices, 08-Jun-2020

The 2020 Global Pandemic showed the true hand of the scam Oil/Gas Industry.

Now that many Producers and Refiners have gone bankrupt the sky is the limit on how high gas prices will get.

Gas is already almost $4 in India. It has past $2.50 in California and rising fast.

 

[dmcowen674]

April 27, 2020

Video of tankers off the California coast

Oil tankers line up for miles off the coast of California as 'floating storage'

 

[JEDIYoda]

hahahahaaaaaa....yeah right!!

 

[brycejones]

He’s back

 

[brianmanahan]

i saw gas was 2.30$ per gallon this weekend

a couple months ago it was half that price!

if it keeps double every 2 months, we should see over 18$ by the end of this year

 

[allisolm]

June 8, 2020

The 2020 Global Pandemic showed the true hand of the scam Oil/Gas Industry.

Yeppers. All during the pandemic prices have been skyrocketing because of the scam Oil/Gas industry. Oh, wait...

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)
Jan 2020 $2.636
Feb 2020 $2.533
Mar 2020 $2.329
Apr 2020 $1.961

Currently "the highest average price in the nation for regular-grade gas is $3.11 per gallon in Honolulu. The lowest average is $1.69 in Baton Rouge, Louisiana. The average price of diesel is $2.55, the same as two weeks ago."

Prices are rising as gasoline demand has hit its highest level since early March with the return of US drivers to the roads,

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)

Gas prices are going up as America reopens, the national average is $2.10 a gallon

Why are gas prices going up? The national average gasoline price continues to rise after record low fuel costs during coronavirus stay-at-home orders.

www.tallahassee.com

 

[shortylickens]

If a supplier goes out of business the supply curve moves and price goes up.
Thats Econ 101.

 

[fskimospy]

Was his account hacked and is this a parody post? If not, congrats on creating reviving your greatest hits.

As far as I can remember gas prices have been skyrocketing, from around $2 a gallon in 2000 to... around $2 a gallon today. It's a sight to behold.

 

[skull]

Still trying to figure out why you care so much. My work truck gets 10mpg with 35 gallon tank I fill up every week and I don't even pay attention to gas prices, I just fill it up. What are you filling up a prius? Who cares if it costs an extra $10 a tank. Hell after 20 years of the same complaining, why haven't you bought a tesla and solar for your house yet.

 

[Commodus]

I was going to say: while this can hurt low-income workers who need to commute, there is an upside in that it should push people back toward considering electric and hybrid cars. Countries like France and the UK are even expected to bank on EVs as part of their recovery plan by giving people incentives to ditch gas and diesel sooner than they might have otherwise.

 

[Stokely]

I've always thought people get WAY too excited over gas prices (low or high). If you drive all day, then ok. But for most of us it's the difference between eating lunch out once or twice a month vs bringing a sandwich to work.

Not that I'm driving right now anyway, not with stores and other places full of non-mask-wearing "freedom lovers". I do start the car up once in a while.

 

[Thump553]

Gas prices are definitely creeping up here in CT. Mid-March I was paying 1.50 gal, now in my area the cheapest is 1.90-despite crude oil prices of $36 a barrel.

I'd like to see some sort of free market explanation why gas prices go up a whole lot faster than when they go down. Unless we are deluding ourselves that we have free market capitalism in the US?

 

[Greenman]

Lets not forget milk, I'm sure it's ten or fifteen bucks a gallon by now. And meth, Jesus, have you folks been watching the meth market? It's insane!

 

[JD50]

Thought this was a necro from 10 years ago

 

[fskimospy]

I've always thought people get WAY too excited over gas prices (low or high). If you drive all day, then ok. But for most of us it's the difference between eating lunch out once or twice a month vs bringing a sandwich to work.

Not that I'm driving right now anyway, not with stores and other places full of non-mask-wearing "freedom lovers". I do start the car up once in a while.

Me too, my mom would drive like 10 minutes out of her way to get gas that was $0.10 a gallon cheaper. I do not think that was a good use of her time/money.

 

[zinfamous]

I mean...I understand why no one would want to read the OP, because obviously, but Dave is pointing towards INDIA. (which, I assume, is actually still really cheap for typical India prices)

....lol. still, lol.

 

[pete6032]

I've always thought people get WAY too excited over gas prices (low or high). If you drive all day, then ok. But for most of us it's the difference between eating lunch out once or twice a month vs bringing a sandwich to work.

Not that I'm driving right now anyway, not with stores and other places full of non-mask-wearing "freedom lovers". I do start the car up once in a while.

Yes. A while back we raised the gas tax in our state. If you consume 10 gallons per week on average and the gas tax goes up 5 cents that's an extra 50 cents per week. People were freaking out as if the world was ending.

 

[ch33zw1z]

Yes. A while back we raised the gas tax in our state. If you consume 10 gallons per week on average and the gas tax goes up 5 cents that's an extra 50 cents per week. People were freaking out as if the world was ending.

Cuttin into their soda fund

 

[soulcougher73]

Vinegar prices are insane right now. Hoard while you can.

 

[nakedfrog]

Dave. Dave never changes.

 

[allisolm]

Gas Prices Skyrocketing

June 8, 2020
India Gasoline prices, 08-Jun-2020
Gas is already almost $4 in India. It has past $2.50 in California and rising fast.

Gas was the equivalent of $4.01 in India in January prepandemic and is about $3.83 per gallon now. It is about $.08 per gallon higher now than than at it's lowest point in Apr.

Facts matter.

India Gasoline Prices

Gasoline Prices in India remained unchanged at 1.14 USD/Liter in May. This page provides the latest reported value for - India Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

tradingeconomics.com

 

[feralkid]

Vinegar prices are insane right now. Hoard while you can.

Do you now need the new 'Real ID' and/or your Passport?

-Asking for a friend.

 

[UNCjigga]

I would’ve thought Dave would drive a Tesla by now... or at least a Nissan Leaf.

 

[ElFenix]

drive for $5 milk is real sheeple!

 

[hal2kilo]

I was just joking about asking what is the price of gas in your world. Ah,...………………………… welcome back?