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Still nearly a $1/gal higher than when Trump was in office. Those low prices remained for four years. This new lower price, which only seems low in comparison to the ridiculous $5/ gal we were looking at last year, are still too high. And be leery. If you hyped another 4 years of Biden or an equivalent, it will soar through the roof as they push for EV cars, which will never happen because there is no such electric grid that could handle the charging.
Still nearly a $1/gal higher than when Trump was in office. Those low prices remained for four years. This new lower price, which only seems low in comparison to the ridiculous $5/ gal we were looking at last year, are still too high. And be leery. If you hyped another 4 years of Biden or an equivalent, it will soar through the roof as they push for EV cars, which will never happen because there is no such electric grid that could handle the charging.
I hate PSEG so much that in the summer when they ask to turn off AC to conserve energy I purposely charge my Tesla. It's free as I have solar credits. The grid can def handle it, 99% of people with EV's charge between 11p-6a as PSEG and other utils give you half off during those hours as the grid usage is so low.
Still nearly a $1/gal higher than when Trump was in office. Those low prices remained for four years. This new lower price, which only seems low in comparison to the ridiculous $5/ gal we were looking at last year, are still too high. And be leery. If you hyped another 4 years of Biden or an equivalent, it will soar through the roof as they push for EV cars, which will never happen because there is no such electric grid that could handle the charging.
and we are a whole lot cheaper then we were in 2007 , so without comparing world events ,wages , world inflation , and everything else effecting the world oil markets saying we were a dollar cheaper then trumps reign is non sense .
it is as rediculous as saying markets are fabulous under biden compared to 2008 because we are higher
and we are a whole lot cheaper then we were in 2007 , so without comparing world events ,wages , world inflation , and everything else effecting the world oil markets saying we were a dollar cheaper then trumps reign is non sense .
it is as rediculous as saying markets are fabulous under biden compared to 2008 because we are higher
We are a whole lot cheaper than 2007 because we had the disaster of Obama giving us $4 gasoline, which was unheard of and at an all time high. If Trump were president now, or probably any republican, the pipelines would open and we would easily have $2 gallon gas again instantly based on supply. We used all of our reserves that we need in case of war thanks to the genius in office now. Sp, we convinced Venezuela (yeah, that wonderful country) to pump more oil to bring the price down for now., Not nonsense at all.
We are a whole lot cheaper than 2007 because we had the disaster of Obama giving us $4 gasoline, which was unheard of and at an all time high. If Trump were president now, or probably any republican, the pipelines would open and we would easily have $2 gallon gas again instantly based on supply. We used all of our reserves that we need in case of war thanks to the genius in office now. Sp, we convinced Venezuela (yeah, that wonderful country) to pump more oil to bring the price down for now., Not nonsense at all.
non sense because the world investor's set our , prices not what goes on here .
most of the oil we use is not our own . it is to costly to process our high sulfur stuff and few refineries can do it .
we use mostly north sea brent , which if you look at the map has nothing to do with america.
oil from the tar sands is also way way to expensive to be practical
Last edited by mathjak107; 12-16-2023 at 02:51 AM..
Trump opened the Keystone pipeline. We were the world's largest producer of oil for the first time in years, if not, ever. While oil trades on the futures market, Trump flooded the market with oil. It went down to an all time low when that pipeline was opened. The low prices were not because of the futures market.
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