- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Just paid over $3 for gas
Posted on 1/26/21 at 3:43 pm to dafif
Posted on 1/26/21 at 3:43 pm to dafif
Why do you say that? Gas prices are primarily driven by oil supply and demand, are they not? There are other factors like refinery capacity and temperature blends but prices follow the oil prices which are set on an international market.
Last January, the average nationwide price was $2.636. Today, it's $2.42.
Average price
2015 = $2.513
2016 = $2.253
2017 = $2.530
2018 = $2.817
2019 = $2.686
2020 = $2.260
I don't mind blaming the democrats when it is a political thing, but I am not sure how 6 days of Biden drove up the international price of oil.
Last January, the average nationwide price was $2.636. Today, it's $2.42.
Average price
2015 = $2.513
2016 = $2.253
2017 = $2.530
2018 = $2.817
2019 = $2.686
2020 = $2.260
I don't mind blaming the democrats when it is a political thing, but I am not sure how 6 days of Biden drove up the international price of oil.
2
Posted on 1/26/21 at 5:44 pm to COAUTiger
quote:
I don't mind blaming the democrats when it is a political thing, but I am not sure how 6 days of Biden drove up the international price of oil.
It didn't. Price is responding to the uptick in economic activity and the collapse in production brought about by the worldwide economic slowdown from Covid. US production is off by about 2.5mm bbls and OPEC+ has maintained the cuts.
Posted on 1/26/21 at 7:13 pm to cwill
Prices have historically risen before the factors causing the rise. I am assuming they will continue to rise rather than fall again. They will rise do to anticipated economic policies coming down the road so to speak.
Posted on 1/26/21 at 8:13 pm to dafif
quote:
Prices have historically risen before the factors causing the rise. I am assuming they will continue to rise rather than fall again.
I motherfrickin’ hope so!
Look, brah, prices were trending up but this isn’t new and the price strip out through the end of the year has barely moved.
Posted on 1/26/21 at 8:22 pm to RebelExpress38
quote:
This is coming to you from the same brain trusts in congress who think reducing the deficit is saving money.
it's not coming from a braintrust in congress
frick
how can some of you normies not get it - like at all - yet?
like how
Posted on 1/26/21 at 8:23 pm to dafif
Paid 3.43 this am
Welcome to Cali USA
Welcome to Cali USA
Posted on 1/26/21 at 8:46 pm to dafif
quote:I’m from Louisiana, baw. High gas prices excite me. Market high prices. Not government tax high.
Who downvote higher gas prices being reported? Wow
Posted on 1/26/21 at 8:59 pm to COAUTiger
Well I’ll tell you. Under Trump the USA was energy independent for the first time in decades. Your globalist types don’t want that. It doesn’t fit with their objectives of world control. So Pedo Joe gets in and immediately kills jobs in the oil and gas industry. So now we will be buying from the Middle East again. Just the knowledge that cost are going up soon drives up cost at the pump now. I’d prepare, like the other fine gentlemen said here, for $6+ gas real soon. I don’t like it any more than you men....
Posted on 1/26/21 at 9:13 pm to Nephropidae
quote:
I’m from Louisiana, baw. High gas prices excite me.
Unfortunately, that is a very selfish view. High gas prices have a serious effect on just about everything and particularly hurts middle and lower classes. Glad you got yours though.
Posted on 1/26/21 at 9:22 pm to Bayou_Tiger_225
The government forcing Fannie and Freddie to underwrite high LTV loans was part of it. So was sub prime lending. The real culprit was securitization and bundling tranches of crap loans with good loans. The real issue was not being able to properly assess the risk of the securities because there was so much crap buried in them. It brought into question everything and then the meltdown ensued.
If you securitize a bundle of crap loans the market would be fine because it would be able to grade it appropriately. The problem is those loans would be at premium rates due to their risk and that would be unfair and racist.
Cliff notes: get ready for housing meltdown 2.0 because the government learned nothing from the last meltdown.
If you securitize a bundle of crap loans the market would be fine because it would be able to grade it appropriately. The problem is those loans would be at premium rates due to their risk and that would be unfair and racist.
Cliff notes: get ready for housing meltdown 2.0 because the government learned nothing from the last meltdown.
Posted on 1/26/21 at 9:27 pm to dafif
I found a receipt from 11/6 from Sam's Club. It was $1.56 then. Got fuel two days ago at Sam's... $2.09.
Posted on 1/26/21 at 9:29 pm to SoDakHawk
Ive filled my car up about 4x since I started working at home back in March. Will probably be able to remain working at home after Covid. So don't really care if gas prices rise a little.
Posted on 1/26/21 at 10:08 pm to CXSteve
You should care because the prices for everything you buy about to go up even if you never leave your house or buy gas.
Posted on 1/26/21 at 10:19 pm to LSUwag
quote:
Remember, the 2008 economic meltdown happened in part because of very high gas prices. A lot of people ignore that but, it’s true.
We’re headed for an economic disaster.
Bingo, somebody gets it
The price of oil controls the us economy and the low prices since 2014 which have provided economic stimulus to the US economy are about to be replaced with a price that is a bit more punitive.
Sad thing is the low info crew like always will be blaming or crediting whichever POTUS they like while understanding zero of the real causes for price swings.
Posted on 1/26/21 at 10:33 pm to dafif
$1.92 on Gas Buddy a few blocks from me.
Posted on 2/19/21 at 8:30 am to HubbaBubba
UPDATE bump
Just paid 3.25 premium in Orlando
Gas up almost .40 since election. That is an invisible tax increase. Any guesses where we will be when summer fuel rolls around? Back to $4? I think very close
Btw my friend in trucking said last two years were best ever for him in the industry but is now buckling down for hard times.
Just paid 3.25 premium in Orlando
Gas up almost .40 since election. That is an invisible tax increase. Any guesses where we will be when summer fuel rolls around? Back to $4? I think very close
Btw my friend in trucking said last two years were best ever for him in the industry but is now buckling down for hard times.
Posted on 2/19/21 at 9:05 am to dafif
3? that aint shite. it was 4 back in late 2000's. maybe 08? 07? people had O&G jobs then and gave zero facks as long as they had jobs. now biden is killing jobs so that changes things.
Posted on 2/19/21 at 9:07 am to dafif
Biden gas just costs more and will continue to go up.
Posted on 2/19/21 at 9:12 am to BFIV
Gas prices in my area have generally been in the $2 to $2.20 range for the last few years. They are now in the $2.39 to $2.49 and going up daily.
Posted on 2/19/21 at 9:15 am to dafif
Yeah, it’s a good $.80-.90 from 6 weeks ago
Page 3 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News