Gasoline price thread
invite response
2022 Mar 8, 11:35am 83,365 views 563 comments
by Patrick ➕follow (55) 💰tip ignore
https://slaynews.com/news/aaa-lists-10-most-expensive-states-for-gas-9-are-blue-states-in-bad-sign-for-joe-and-kamala/?source=patrick.net
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31
HeadSet
2022 Mar 9, 7:41pm
HeadSet
2022 Mar 9, 7:41pm
RWSGFY says
The Saudis and Emirates do not want to talk to Biden because they see Biden as continuing Obama's policy of letting Iran get nukes.
The Saudis and Emirates flat-out refused to even take Joe's call to discuss oil production increase. We should not forget that next time they run to us for weapons.
The Saudis and Emirates do not want to talk to Biden because they see Biden as continuing Obama's policy of letting Iran get nukes.
33
Misc
2022 Mar 9, 9:19pm
Looks like Biden's handlers panicked today.
Had the market manipulators out in force.
Had the market manipulators out in force.
37
joshuatrio
2022 Mar 10, 12:32pm
joshuatrio
2022 Mar 10, 12:32pm
I saw this coming last year when Biden got elected. In July 2021, I sold my boat and new truck, both for significantly more than I paid for both. I ordered a Prius Prime and got it for under sticker.
Best of both worlds. 35 mile EV range which is 95% of my driving. When I switch over to gas, I get 55mpg.
A tank of gas will last me months if I don't do any long road tripping.
My current tank of gas I've driven 450 miles so far, averaging 400mpgs, and still have a full tank of gas. No pain at the pump here, but my wife's SUV is gonna suck!!
Best of both worlds. 35 mile EV range which is 95% of my driving. When I switch over to gas, I get 55mpg.
A tank of gas will last me months if I don't do any long road tripping.
My current tank of gas I've driven 450 miles so far, averaging 400mpgs, and still have a full tank of gas. No pain at the pump here, but my wife's SUV is gonna suck!!
39
WookieMan
2022 Mar 11, 8:19am
WookieMan
2022 Mar 11, 8:19am
Onvacation says
Holy shit! Get out of CA. Bring the sailboat to the Great lakes, FL or TX. That's nuts. We're high here, but that is crazy high prices.
Just pulled over in Martinez for a fill-up.
Holy shit! Get out of CA. Bring the sailboat to the Great lakes, FL or TX. That's nuts. We're high here, but that is crazy high prices.
40
rocketjoe79
2022 Mar 11, 8:27am
rocketjoe79
2022 Mar 11, 8:27am
Patrick says
And how about 3000 YEARS worth of coal in the Permian Basin.
https://notthebee.com/article/reminder-the-us-is-sitting-on-roughly-a-third-of-a-trillion-barrels-of-oil-and-about-3000-trillion-cubic-feet-of-natural-gas?source=patrick.net
And how about 3000 YEARS worth of coal in the Permian Basin.
45
clambo
2022 Mar 11, 10:17am
My friend from Riviera Beach told me her mother voted for Biden because she thought Kamala was black and she was “our kind, one of us.”
I asked her if her mother was happy paying $2.25 more per gallon now.
Off the subject, the mother called me on her other daughter’s cell phone, the first time we ever spoke.
She “axxed” to borrow money to install a new roof on the family home.
I conveniently blamed Putin for a precipitous drop of my net worth. No dice madam.
I got the idea from Biden.
Of course since the invasion it’s just another 3% or so.
Gasoline isn’t expensive, it just costs more than some people can afford.
I asked her if her mother was happy paying $2.25 more per gallon now.
Off the subject, the mother called me on her other daughter’s cell phone, the first time we ever spoke.
She “axxed” to borrow money to install a new roof on the family home.
I conveniently blamed Putin for a precipitous drop of my net worth. No dice madam.
I got the idea from Biden.
Of course since the invasion it’s just another 3% or so.
Gasoline isn’t expensive, it just costs more than some people can afford.
47
B.A.C.A.H.
2022 Mar 11, 12:03pm
B.A.C.A.H.
2022 Mar 11, 12:03pm
clambo says
Spot On, bro.
I filled up an awd five-passenger hatchback a couple of days ago in San Jose. $34.50 at $5.299 per gallon for 197 miles of driving. That pencils out to about 17.5 cents per mile. This is one of the Bargains of the Millenia, an awd vehicle that weighs approximately one ton, can haul up to five adults, and some stuff in the back, for 17.5 cents per mile.
Compare that to what it'd have cost our ancestors not so long ago, to feed and water horses if they didn't want to walk.
$5.299 per gallon, even $20 per gallon, is Super-Cheap, considering what we get for what we pay.
Cannot afford it? What's so wrong with carpooling ("ride sharing"?). I traveled once to a place where folks of modest means who were lucky enough to have a car would pick up strangers along the way in exchange for some small amount of money to defray their fuel cost. I even got a couple such rides myself.
$5.299, Bargain of the Millenia.
Gasoline isn’t expensive, it just costs more than some people can afford.
Spot On, bro.
I filled up an awd five-passenger hatchback a couple of days ago in San Jose. $34.50 at $5.299 per gallon for 197 miles of driving. That pencils out to about 17.5 cents per mile. This is one of the Bargains of the Millenia, an awd vehicle that weighs approximately one ton, can haul up to five adults, and some stuff in the back, for 17.5 cents per mile.
Compare that to what it'd have cost our ancestors not so long ago, to feed and water horses if they didn't want to walk.
$5.299 per gallon, even $20 per gallon, is Super-Cheap, considering what we get for what we pay.
Cannot afford it? What's so wrong with carpooling ("ride sharing"?). I traveled once to a place where folks of modest means who were lucky enough to have a car would pick up strangers along the way in exchange for some small amount of money to defray their fuel cost. I even got a couple such rides myself.
$5.299, Bargain of the Millenia.
48
Patrick
2022 Mar 11, 12:31pm
Patrick
2022 Mar 11, 12:31pm
I'm not a fan of cars and gas myself, but I don't like the true suffering the higher prices are causing for the poorer half of America.
49
EBGuy
2022 Mar 11, 2:46pm
joshuatrio says
Great timing JT on getting one under sticker. Used Prius Primes seem to have one of the higher premiums these days. Volts can be a little better. I was looking at the CMAX Energi (plug in hybrid) a while back. Nothing is cheap these days, but it does seem you can do better with the CMAX. From Edmunds:
My last 4 cars were Priuses, my wife also drives a Prius. Her first response when she drove my C-Max was, "WOW!" I wanted a plug in, but the Prius plug in wasn't available yet in my state (plus, it's about 8 grand more than I paid for my C-Max), so I took a look at the C-Max Energi. SO GLAD I DID! I LOVE THIS CAR! It is better than the Prius in every possible way, except, possibly, reliability, which in the Prius is legendary, the C-Max could be too, just haven't had it long enough to know. It is faster, more quiet, much more comfortable...
I saw this coming last year when Biden got elected. In July 2021, I sold my boat and new truck, both for significantly more than I paid for both. I ordered a Prius Prime and got it for under sticker.
Best of both worlds. 35 mile EV range which is 95% of my driving. When I switch over to gas, I get 55mpg.
Great timing JT on getting one under sticker. Used Prius Primes seem to have one of the higher premiums these days. Volts can be a little better. I was looking at the CMAX Energi (plug in hybrid) a while back. Nothing is cheap these days, but it does seem you can do better with the CMAX. From Edmunds:
My last 4 cars were Priuses, my wife also drives a Prius. Her first response when she drove my C-Max was, "WOW!" I wanted a plug in, but the Prius plug in wasn't available yet in my state (plus, it's about 8 grand more than I paid for my C-Max), so I took a look at the C-Max Energi. SO GLAD I DID! I LOVE THIS CAR! It is better than the Prius in every possible way, except, possibly, reliability, which in the Prius is legendary, the C-Max could be too, just haven't had it long enough to know. It is faster, more quiet, much more comfortable...
51
AmericanKulak
2022 Mar 11, 5:05pm
AmericanKulak
2022 Mar 11, 5:05pm
B.A.C.A.H. says
In these days of suburbs, where it's not unusual for a couple to work in two completely different directions, or neighbors for that matter, carpooling is less of an answer.
The entirety of the US is built around suburbs and commuting.
What would really be great leadership is "If you are not physically required to be present, companies MUST let you work at home or themselves be ineligible for any tax breaks on gas/travel expenses."
Cannot afford it? What's so wrong with carpooling ("ride sharing"?). I traveled once to a place where folks of modest means who were lucky enough to have a car would pick up strangers along the way in exchange for some small amount of money to defray their fuel cost. I even got a couple such rides myself.
In these days of suburbs, where it's not unusual for a couple to work in two completely different directions, or neighbors for that matter, carpooling is less of an answer.
The entirety of the US is built around suburbs and commuting.
What would really be great leadership is "If you are not physically required to be present, companies MUST let you work at home or themselves be ineligible for any tax breaks on gas/travel expenses."
53
pudil
2022 Mar 11, 5:47pm
All this talk about electric cars is all bullshit. Congrats, your subsidized bad decision is cheaper to drive now that Biden has fucked it all up.
I’m going on vacation pulling a trailer for 400 miles. It’s going to cost me $200, which is $100 too much but your model X will take 2 days to cover it as it will only go 100 miles between charges.
Nevermind trucks hauling important shit like food.
Anyways, congratulations on your slave made car fueled by coal. Progress!
I’m going on vacation pulling a trailer for 400 miles. It’s going to cost me $200, which is $100 too much but your model X will take 2 days to cover it as it will only go 100 miles between charges.
Nevermind trucks hauling important shit like food.
Anyways, congratulations on your slave made car fueled by coal. Progress!
54
B.A.C.A.H.
2022 Mar 11, 6:03pm
B.A.C.A.H.
2022 Mar 11, 6:03pm
AmericanKulak says
I have only ever lived in suburbs. I carpooled for about ten years, from San Jose to different Silicon Valley workplaces (Mountain View, Sunnyvale, IBM in South San Jose, Milpitas). My spouse who also worked (and carpooled), and some of those ten years we were parents of kids who needed chauffeuring. It can be done.
Yes, it's true, I had to drive a little bit to our meeting point (carpool did not meet at my residence). I quit carpooling when I began night shift.
But! What I/we did not do, was arrange our life in a super-hyper-efficient way where every freaking thing has to dovetail perfectly in such a way that made carpooling impractical. Doing that would be kind of stupid, allowing no margin for error.
In these days of suburbs, where it's not unusual for a couple to work in two completely different directions, or neighbors for that matter, carpooling is less of an answer.
The entirety of the US is built around suburbs and commuting.
I have only ever lived in suburbs. I carpooled for about ten years, from San Jose to different Silicon Valley workplaces (Mountain View, Sunnyvale, IBM in South San Jose, Milpitas). My spouse who also worked (and carpooled), and some of those ten years we were parents of kids who needed chauffeuring. It can be done.
Yes, it's true, I had to drive a little bit to our meeting point (carpool did not meet at my residence). I quit carpooling when I began night shift.
But! What I/we did not do, was arrange our life in a super-hyper-efficient way where every freaking thing has to dovetail perfectly in such a way that made carpooling impractical. Doing that would be kind of stupid, allowing no margin for error.
55
B.A.C.A.H.
2022 Mar 11, 6:14pm
B.A.C.A.H.
2022 Mar 11, 6:14pm
pudil says
I got one of the early Priuses in 2001. I needed a car and was sort of fascinated with the concept. I did not purchase it out of environmentalism or as a status symbol. (Besides the early Priuses were butt-ugly).
As time went on the Prius became a Status Symbol (this is pre-Tesla days), and so many Bay Area Hipsters got one. They used to like to boast about how much they were saving on gasoline. But they never talked about the cost of a replacement battery.
Every time I took my Prius for service, I would have the service advisor re-give me an informal quote for a replacement battery. The answer was always the same: $4000.
In 2006, Toyota replaced the battery under warranty due to a defect. They did not extend the original warranty. I asked the service advisor what was the warranty period if I had to buy a replacement battery after my battery's warranty expired: two years. The $4000 replacement battery warranty would be two years.
I keep log sheets of my costs for all my cars.. For the Prius, I had an accrual for the replacement battery cost that I amortized over the warranty period. I reckoned, for the fuel savings compared to a Corolla (about the same size), I had "broken even" on battery vs fuel cost savings after about 100,000 miles, this was after about ten years driving.
Smugsters and Hipsters with EV's don't bring up the cost of the battery.
All this talk about electric cars is all bullshit.
I got one of the early Priuses in 2001. I needed a car and was sort of fascinated with the concept. I did not purchase it out of environmentalism or as a status symbol. (Besides the early Priuses were butt-ugly).
As time went on the Prius became a Status Symbol (this is pre-Tesla days), and so many Bay Area Hipsters got one. They used to like to boast about how much they were saving on gasoline. But they never talked about the cost of a replacement battery.
Every time I took my Prius for service, I would have the service advisor re-give me an informal quote for a replacement battery. The answer was always the same: $4000.
In 2006, Toyota replaced the battery under warranty due to a defect. They did not extend the original warranty. I asked the service advisor what was the warranty period if I had to buy a replacement battery after my battery's warranty expired: two years. The $4000 replacement battery warranty would be two years.
I keep log sheets of my costs for all my cars.. For the Prius, I had an accrual for the replacement battery cost that I amortized over the warranty period. I reckoned, for the fuel savings compared to a Corolla (about the same size), I had "broken even" on battery vs fuel cost savings after about 100,000 miles, this was after about ten years driving.
Smugsters and Hipsters with EV's don't bring up the cost of the battery.
56
socal2
2022 Mar 11, 6:23pm
There is a dude that drives a Prius in my neighborhood that has a bumper sticker saying:
"Nice Prius!"
"Said no one....."
"Nice Prius!"
"Said no one....."
57
Eman
2022 Mar 11, 6:43pm
Eman
2022 Mar 11, 6:43pm
socal2 says
@socal, congrats! It’s a fun car to drive. Hope you got it before all the price increases.
If it weren’t for the tri-motor Cybertruck, I would have ordered the Plaid. Can’t take anything with us when we’re gone. Might as well enjoy life without breaking the bank. YOLO! 😂
Save_Ukraine says@socal2
Which model did you get?
I got a Model Y dual motor. Ordered it back in August and it arrived in January. The thing is a spaceship! The speed, acceleration, torque, regenerative breaking (especially the regen breaking!), infotainment/audio system, autopilot (didn't get FSD). Can't imagine the acceleration in the Performance model let alone the Plaid, it is already crazy fast for a mid-range model.
All American car made by a company with a non-woke CEO like Musk.
@socal, congrats! It’s a fun car to drive. Hope you got it before all the price increases.
If it weren’t for the tri-motor Cybertruck, I would have ordered the Plaid. Can’t take anything with us when we’re gone. Might as well enjoy life without breaking the bank. YOLO! 😂
58
Eman
2022 Mar 11, 6:44pm
Eman
2022 Mar 11, 6:44pm
socal2 says
I saw a license plate frame on a Prius “0-60 eventually”. The car owner has a good sense of humor.
There is a dude that drives a Prius in my neighborhood that has a bumper sticker saying:
"Nice Prius!"
"Said no one....."
I saw a license plate frame on a Prius “0-60 eventually”. The car owner has a good sense of humor.
59
socal2
2022 Mar 11, 7:12pm
Eman says
I ordered in August, so I got it about $4-5K cheaper than what it is now. Still the most expensive car I have ever owned/leased.
I can't drive it enough! I am volunteering for every errand and school pickup/drop-off. I am fortunate that I live in an area with really nice roads and hills where I can let it out and get some really good speed. It never gets old.
Can't wait to see some Cybertrucks on the road. I live in EV mecca and already saw a few Rivians driving around.
@socal, congrats! It’s a fun car to drive. Hope you got it before all the price increases.
If it weren’t for the tri-motor Cybertruck, I would have ordered the Plaid. Can’t take anything with us when we’re gone. Might as well enjoy life without breaking the bank. YOLO!
I ordered in August, so I got it about $4-5K cheaper than what it is now. Still the most expensive car I have ever owned/leased.
I can't drive it enough! I am volunteering for every errand and school pickup/drop-off. I am fortunate that I live in an area with really nice roads and hills where I can let it out and get some really good speed. It never gets old.
Can't wait to see some Cybertrucks on the road. I live in EV mecca and already saw a few Rivians driving around.
60
Eman
2022 Mar 11, 7:25pm
Eman
2022 Mar 11, 7:25pm
socal2 says
Same here in NorCal. Saw a few driving around. The pricing is not bad compared to the competitions.
I got mine in 2017 so free supercharging for life. It’s convenient to get free charge most of the time. Get a free charge while going for a 2-3 mile walk with my wife, or picking up stuff at Target or Home Depot while getting a free charge.
To me, it has been worth every penny. Also the most expensive car I’ve ever bought. I dreamed of owning it in 2012 and it happened in 2017. As Walt Disney said “All your dreams can come true if you have the courage to pursue them.” This has been so true for me in the last 20+ years. 🙏
already saw a few Rivians driving around.
Same here in NorCal. Saw a few driving around. The pricing is not bad compared to the competitions.
I got mine in 2017 so free supercharging for life. It’s convenient to get free charge most of the time. Get a free charge while going for a 2-3 mile walk with my wife, or picking up stuff at Target or Home Depot while getting a free charge.
To me, it has been worth every penny. Also the most expensive car I’ve ever bought. I dreamed of owning it in 2012 and it happened in 2017. As Walt Disney said “All your dreams can come true if you have the courage to pursue them.” This has been so true for me in the last 20+ years. 🙏
61
HeadSet
2022 Mar 11, 8:08pm
HeadSet
2022 Mar 11, 8:08pm
B.A.C.A.H. says
Interesting. I know the folks who operate a taxi company in Arizona that has a fleet of 200 Prius. They told me they routinely get 250,000 to 300,000 miles out of the Prius, with no change in battery.
I had an accrual for the replacement battery cost that I amortized over the warranty period. I reckoned, for the fuel savings compared to a Corolla (about the same size), I had "broken even" on battery vs fuel cost savings after about 100,000 miles, this was after about ten years driving.
Interesting. I know the folks who operate a taxi company in Arizona that has a fleet of 200 Prius. They told me they routinely get 250,000 to 300,000 miles out of the Prius, with no change in battery.
62
Patrick
2022 Mar 11, 8:34pm
Patrick
2022 Mar 11, 8:34pm
https://nitter.pussthecat.org/Not_the_Bee/status/1501716520472350721?source=patrick.net
President Biden recently said “it’s simply not true that my administration or policies are holding back domestic energy production.”
I figure the fact checkers likely won’t touch this one, so I did the homework.
Biden’s claim isn’t true. I explain.
Just two weeks ago, Biden froze new drilling permits and stopped leases on federal lands because a court ruled that they couldn’t use an elevated “social cost of carbon” to make it more difficult to drill.
Instead, they shut the whole process down: nytimes.com/2022/02/20/clima…
Biden Administration Halts New Drilling in Legal Fight Over Climate Costs
The Interior Department is pausing new federal oil and gas leases and permits after a judge blocked the government from weighing the cost of climate damage in decisions.
nytimes.com
This opposition to domestic energy production isn’t new. When Biden first took office, he moved to ban new oil and gas leases on federal land (a huge slice of US energy) via executive order.
The measure was eventually stopped by the courts. nytimes.com/2021/01/25/clima…
Biden Sets in Motion Plan to Ban New Oil and Gas Leases on Federal Land (Published 2021)
The president will announce a suite of executive actions on Wednesday to combat climate change, two people familiar with his plans said, and will ask federal agencies to determine the extent of a...
nytimes.com
Back before gas prices hit record highs, Biden’s allies were praising the Admin for taking bold steps to limit fossil fuel production.
One of their key points? We, supposedly, already had enough supply “to meet domestic needs.”
nrdc.org/experts/joshua-axel…
Biden’s Fossil Fuel Leasing Pause Is Bold Climate Action
The moratorium on fossil fuel leasing is a key step in addressing the climate crisis.
nrdc.org
Biden also proposed ending a wide range of tax benefits for drilling and exploration, something supporters said would hopefully “discourage additional oil and gas development.”
This makes the process more expensive, particularly when competing with heavily subsidized renewables.
And I’m sure that no one has forgotten that Biden shutdown the Keystone XL pipeline on his first day in office.
But what you may have forgotten was that this was part of a broader suite of efforts to “reverse ‘more than 100’ Trump-era policies.” foxbusiness.com/economy/bide…
Taken together, these early moves represent what climate activist Bill McKibben said “may well mark the official beginning of the end of the fossil-fuel era” arguing “they send a decisive signal about the end of one epoch and the beginning of another.” newyorker.com/news/daily-com…
In June of 2021, Biden suspended oil and gas leases that the Trump Admin had granted in Alaska, outraging local officials and ending one of the key actions Trump took to expand domestic energy production. apnews.com/article/alaska-ar…
Biden suspends oil leases in Alaska's Arctic refuge
WASHINGTON (AP) — The Biden administration on Tuesday suspended oil and gas leases in Alaska’s Arctic National Wildlife Refuge, reversing a drilling program approved by the Trump administration and...
apnews.com
All of these federal efforts came with a clear goal in mind: sending a signal that the days of fossil fuels would be ending soon.
Again, once upon a time, the corporate press was comfortable admitting this was the goal:
time.com/5934090/joe-biden-c…
Biden's Biggest Climate Move: Signaling that Fossil Fuels Are Not the Future
Biden’s remarks communicated a sea change in how the U.S. government will approach global warming
time.com
These signals matter.
Extractive industries like oil & gas rely heavily on tea-leaf-reading, because even seemingly small gov’t actions can have huge impacts for a heavily regulated industry. A quick, easy-to-follow breakdown of some of the reasons here: investopedia.com/ask/answers…
How do government regulations impact the oil and gas drilling sector?
Find out how government regulation of the oil and gas sectors is often positive for the large companies, but may be negative for smaller operations.
investopedia.com
And it wasn’t just Biden acting on his own.
As @SaysSimonson wrote about for @FreeBeacon, Dems in Congress have pushed to restrict domestic energy production even as prices have climbed:
freebeacon.com/politics/how-…
How Dems Helped Spike Gas Prices - Washington Free Beacon
Despite reassurances from the White House that it is doing nothing to discourage oil companies from opening new drill sites, President Joe Biden's allies in Congress just months ago pressured oil...
freebeacon.com
Congressional Dems have also taken steps to add tighter (and in some cases, just punitive) regulations that make it harder for domestic energy companies to do business, including regs on offshore oil & regarding methane.
Naturally, making a process harder increases the cost.
And there were numerous hearings where Democrats have demonized the oil and gas industry in colorful but seriously dubious ways, making the industry’s standing on that side of the aisle clear.
Plus, something that gets left out of the current discourse is that numerous states have banned or proposed banning fracking, an effective way to access hard-to-reach energy sources.
I’ll give you one guess which politically party was behind these efforts.
Now, to be clear, the impacts of some of these efforts have been overblown.
Despite trying to ban new drilling on federal lands, lots of plans have moved forward to do so - more than under President Trump’s first year (largely b/c of Obama-era rules), but fewer than last year.
And it isn’t reasonable to blame Biden - or any president - exclusively for the price of oil and gas. The world is just more complicated than that.
Here’s a good primer on some of that complexity: npr.org/2021/11/14/105506858…
Gasoline prices are surging. Can Biden actually do something about it?
Presidents don't set the gas price you pay at the pump, but they're often blamed for it. And right now, high energy prices are helping send inflation to an over 30-year high.
npr.org
But it’s intellectually disingenuous for President Biden to pretend that he and his party haven’t taken action to make domestic energy production more difficult and, as a result, have made energy more expensive.
They’ve done a lot with the explicit goal of doing just that.
The inconvenient truth is that Biden campaigned on ambitious climate goals. Those aren’t likely to get done organically, so he and his administration have tried to apply pressure to traditional energy sources.
Now that prices have jumped, they’re trying to pretend otherwise.
Increased costs have always been a good-faith concern about climate efforts among lots of people, left, right and center.
Biden and his team ignored those warnings and helped make the bed they find themselves laying.
Rather than admit that, now they’re trying to memoryhole it.
64
joshuatrio
2022 Mar 12, 4:52am
joshuatrio
2022 Mar 12, 4:52am
socal2 says
Lol. I have that one on my Prius. My teenage son got it for me. We make fun of the car all the time, but it's actually a nice/comfortable car.
There is a dude that drives a Prius in my neighborhood that has a bumper sticker saying:
"Nice Prius!"
"Said no one....."
Lol. I have that one on my Prius. My teenage son got it for me. We make fun of the car all the time, but it's actually a nice/comfortable car.
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