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re: Iran situation and gas prices

Posted on 3/6/26 at 6:07 pm to
Posted by MizzouBS
Missouri
Member since Dec 2014
6878 posts
Posted on 3/6/26 at 6:07 pm to
quote:

Glad Biden drained the SPR too

Biden was going to sale 180 million barrels, but Congress blocked 140 million barrels of it from being sold. The 40 million barrels that the US sold was for an average price around $95 a barrel. By the end of 2024 we had purchased 59 million barrels @ an average price around $76 a barrel.

Made a profit selling off some of the SPR. We sold high and bought low. By the end of 2024 we had more than we did in 2022

Trump should release some of the SPR when the price is high and buy back when the price drops
This post was edited on 3/6/26 at 6:15 pm
Posted by bayouvette
Raceland
Member since Oct 2005
5891 posts
Posted on 3/6/26 at 6:35 pm to
Definitely going to have effects . How much and how long is anybodys guess
Posted by TimeOutdoors
LA
Member since Sep 2014
13416 posts
Posted on 3/11/26 at 9:35 am to
quote:

Who wants a $700 a month electric bill?


I connect my tesla almost every night and my bill is usually 90-130 (except during Dec-Feb when we have cold spells and the aux heat kicks in. I am guessing I spend $10-20 a month charging my Tesla.
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