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re: GasBuddy: Gasoline and Diesel Prices to Fall in 2024

Posted on 12/28/23 at 5:32 pm to
Posted by Tasty Thrill
Member since Oct 2023
809 posts
Posted on 12/28/23 at 5:32 pm to
quote:

What could have been going on around that time to allow gas to be that cheap? Hmmmm
It was actually cheaper than that before Covid.

This went on between Jan 2021-Jun 2022

Jan 20, 2021: Biden cancels Keystone Pipeline
Jan 27 2021: Biden halts new oil and gas leases
Feb 19, 2021: Biden rejoins Paris Climate Agreement
May 7, 2021: Biden takes 30% of land off limits to oil and gas
June 1, 2021: Biden halts drilling in ANWR
June 30, 2021: Democratic Congress reverses Trump natural gas regulations
Oct 7, 2021: Biden reverses Trump NEPA regulations
Oct 29, 2021: Interior begins "Social Cost of Carbon"
Nov 15, 2021 Moratorium on oil drilling in Chaco Canyon
March 1, 2022: Biden releases oil from the Strategic Petroleum Reserve
March 21, 2022: SEC proposes anti-oil rule
May 12, 2022: Biden cancels all remaining oil and natural gas lease sales
July 6, 2022: News breaks that Biden let 5 million barrels of US reserves sent overseas as gasoline prices stay high.
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