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Gas prices (yes another thread on them)

Posted on 8/18/26 at 11:02 am
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
25506 posts
Posted on 8/18/26 at 11:02 am
Doing some valuation research this morning I came across an interesting graph putting historical gas prices in today’s dollars.

Today’s $4+ a gallon (in today’s dollars) compare to be pretty average to low compared to most of the time since 2004.

Hopefully this works


Scroll down to the green line chart. Granted this is work put out by Kroll and Duff & Phelps so someone will doubt its accuracy but if you ever bought and sold companies you know their data is solid.
Posted by PorkSammich
North FL
Member since Sep 2013
18208 posts
Posted on 8/18/26 at 11:06 am to
Posted by j1897
Member since Nov 2011
5249 posts
Posted on 8/18/26 at 11:13 am to
GAS IS CHEAP... OIL IS FINE




Then why is the SPR dropping?

Posted by roadGator
DeBoar’s hollow dome
Member since Feb 2009
160822 posts
Posted on 8/18/26 at 11:13 am to
Man, he lost the Hodge twins?

Yikes.
Posted by ragincajun03
Member since Nov 2007
30350 posts
Posted on 8/18/26 at 11:57 am to
quote:

Then why is the SPR dropping?


Because of politics with midterms approaching. For some reason, Americans expect gasoline not to go up in price, despite everything else naturally going up in price, from cars themselves to lumber for building a fence.
Posted by TigerMyth36
River Ridge
Member since Nov 2005
41926 posts
Posted on 8/18/26 at 12:10 pm to
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2026 2.4 2.4 3.3 3.8 4.2 3.5 3.4 Avail.
2025 3.0 2.8 2.4 2.3 2.4 2.7 2.7 2.9 3.0 – (*) 2.7 2.7 2.6
2024 3.1 3.2 3.5 3.4 3.3 3.0 2.9 2.5 2.4 2.6 2.7 2.9 2.9
2023 6.4 6.0 5.0 4.9 4.0 3.0 3.2 3.7 3.7 3.2 3.1 3.4 4.1
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3 8.2 7.7 7.1 6.5 8.0
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
2020 2.5 2.3 1.5 0.3 0.1 0.6 1.0 1.3 1.4 1.2 1.2 1.4 1.2
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 1.8

Did you incessantly whine from 2021-2024?
Posted by Night Vision
33rd Level REC/Bryant Denny West
Member since Feb 2018
26819 posts
Posted on 8/18/26 at 12:12 pm to
Sign up for Chevron app and they'll give you $1 off per gallon for 5 fill ups. Expires after 90 days or so, but you still get rewards pts when you purchase.

I've used 2 so far and saved about $40.
Posted by Potchafa
Avoyelles
Member since Jul 2016
4741 posts
Posted on 8/18/26 at 12:50 pm to
Uggghjhhhh
Gas fatigue.......
Posted by DeltaDoc
The Delta
Member since Jan 2008
17141 posts
Posted on 8/18/26 at 12:55 pm to
But we can also thank the Trump-Biden combo for the inflation we are experiencing, so….
Posted by Rza32
Member since Nov 2008
4760 posts
Posted on 8/18/26 at 4:51 pm to
quote:

Man, he lost the Hodge twins?



Yeah, they have leaned toward the Candace, Tucker camp.
Posted by ninthward
Boston, MA
Member since May 2007
23451 posts
Posted on 8/18/26 at 4:57 pm to
quote:

Did you incessantly whine from 2021-2024?
No, because retards like that did it for Ukraine, and the environment at least Trump may help the people of Iran. Biden just did it straight from policy to kill gas vehicles and to promote his cronies in the electric sector. Was a total grift out in the op, but we were told to do it for Ukraine.
Posted by Violent Hip Swivel
Member since Aug 2023
10980 posts
Posted on 8/18/26 at 4:58 pm to
Presidents don't have a lot of control over gas prices, until they do something so dopey that all of a sudden they do.



Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
52729 posts
Posted on 8/18/26 at 6:05 pm to
Speaking of gas prices, the prices in my area shot up overnight from the upper $3.30’s/low $3.40’s to $3.79.
Posted by HagaDaga
Member since Oct 2020
9044 posts
Posted on 8/19/26 at 7:33 am to
quote:

until they do something so dopey that all of a sudden they do.

and what dopey things did the Biden admin for their increase? And what things did the Trump admin do to bring it down to start, and once this current "dopey" move is done will it or will it not go back down?

Both sides are waiting thru around NOV/DEC. Trump thinks over the next few months Iran will be broke into submission since they can pay their bills. Only customer they have is Chyna, and they are looking for other options.

Iran is trying to wait out the midterms, thinking if Dems win that'll change things. They don't understand that what Trump is doing to them can't be easily stopped by a dem Congress. They can complain and whine in impeachments, but he'll be able to tighten the noose even more once it's over.

Imo a termed out Trump on his last years can be the most dangerous for the Dems
This post was edited on 8/19/26 at 7:35 am
Posted by Bunk Moreland
Member since Dec 2010
71445 posts
Posted on 8/19/26 at 7:35 am to
Diesel and jet fuel are going to be the real mess.
Posted by Diamondawg
Mississippi
Member since Oct 2006
40363 posts
Posted on 8/19/26 at 7:37 am to
Paid $3.40 at Costco yesterday.
Posted by djsdawg
Member since Apr 2015
42588 posts
Posted on 8/19/26 at 7:37 am to
quote:

Speaking of gas prices, the prices in my area shot up overnight from the upper $3.30’s/low $3.40’s to $3.79.


Ours has been crazy fluctuations up and down for months now. Every single week.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
25506 posts
Posted on 8/19/26 at 7:40 am to
quote:

Diesel


Painful right now. Even at 25 mpg. If it weren’t for two huge road trips this summer I wouldn’t care.
Posted by Lsut81
Member since Jun 2005
86367 posts
Posted on 8/19/26 at 7:46 am to
quote:

Today’s $4+ a gallon (in today’s dollars) compare to be pretty average to low compared to most of the time since 2004.



The problem is historical doesn't mean shite when Trump shows you that we are able to get gas prices down to sub $3 natl average if we want to.

However, he then chooses to frick the American people by going into Iran and driving them up to over $4 for the past 6 months.

The man is his own worst enemy. Self inflicted bullshite.

Posted by CitizenK
BR
Member since Aug 2019
16861 posts
Posted on 8/19/26 at 8:05 am to
quote:

Then why is the SPR dropping?


The vast majority of the is exported to Europe. IT's been tits on a boar hog for over a decade if not 4 decades.
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