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Thread: Gas up 18% since election, could surpass $4 under Biden

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    Gas up 18% since election, could surpass $4 under Biden

    By the time America gets back to work, and traffic jams, gas prices under the Biden administration could be heading back to $4 thanks to new climate regulations, the president’s shutdown of energy mining on federal lands, and overseas production cuts.



    Industry experts believe that as the coronavirus vaccine becomes widely available, offices will start to fill up, as will gas stations.



    But the supply may not be there because of production cutbacks, Biden’s new rules, and moves overseas to slow production to match low usage.


    The result could be an “oil price trap” for the new president, according to Steven Kopits, the managing director of Princeton Energy Advisors.


    Since Election Day, gas and crude oil prices have jumped. In the United States, gas prices are up 18% and oil nearly 50%.



    Said another industry expert, “In four years, we had made the U.S. energy independent and denied the bad guys the ability to control global oil prices. The Democrats undo it in two weeks. Just incredible.”.....snip~


    Gas up 18% since election, could surpass $4 under Biden (washingtonexaminer.com)



    But but but Joey and the Deviates care about all those po people, those low income people, Right?
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    Gas around here went up 50 cents and hasn't fallen back. Not a good sign, around these parts.
    For waltky: http://quakes.globalincidentmap.com/
    "The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
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    The closest gas station to me has stayed at the same price for a very long time, even when everywhere else dropped. I can save 40+ cents by driving 1.5 miles. I will have to check those- I bet they are going up.
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    Quote Originally Posted by stjames1_53 View Post
    Gas around here went up 50 cents and hasn't fallen back. Not a good sign, around these parts.
    Plus Holcombe is still listening to Pritzker, Lightfoot and Witmer. Doesnt want to move off from the Masks and Social distancing. He will end tanking Indiana's economy. Despite all the Chicagoans and Illinois peeps that were flocking to his state to spend their money.
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

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    I only buy Ethanol free...so i've seen a 70 cent increase in price. 265.9 yesterday.

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    Gas has gone up 40 cents a gallon now here, over the last two months or so.

    Fully expecting a continued rise.
    "I believe there are more instances of the abridgement of freedom of the people by gradual and silent encroachments by those in power than by violent and sudden usurpations." -- James Madison

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    Quote Originally Posted by Collateral Damage View Post
    Gas has gone up 40 cents a gallon now here, over the last two months or so.

    Fully expecting a continued rise.
    How to Breakage a Deal by Joe Biden
    For waltky: http://quakes.globalincidentmap.com/
    "The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
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    "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" B. Franklin
    Igitur qui desiderat pacem, praeparet bellum

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    I use deisel. The price of deisel has increased significantly over the last three weeks. I'm sure that's just a coincidence.
    When the people find that they can vote themselves money, that will herald the end of the republic.“ - Benjamin Franklin.


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    Quote Originally Posted by stjames1_53 View Post
    How to Breakage a Deal by Joe Biden
    Is there something missing here?
    "I believe there are more instances of the abridgement of freedom of the people by gradual and silent encroachments by those in power than by violent and sudden usurpations." -- James Madison

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    Quote Originally Posted by Calypso Jones View Post
    I only buy Ethanol free...so i've seen a 70 cent increase in price. 265.9 yesterday.
    We have the E10 here. My SUV can run on up to E90, although they don't see it around here. There are a few places that sell E100 for the people who want it.
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