I'm 50 and can remember sitting in my dad's Gremlin waiting for 3+ hrs to get gas in Miami, in the summer time, with the car off. For a 3 yr old, that might as well be torture. What should've been easy trips to the gas station and then the grocery store were all day events, sweating our asses off in the car. I remember him and my mom getting into arguments with other people over who's turn it was to turn into the gas station. At one point, my dad had to draw down on a guy for threatening to beat my mother down.
OPEC is a damned criminal organization, a cartel that needs to be dismantled alongside the City of London's influence over commodities pricing.
There is absolutely NO REASON WHATSOEVER that we should be paying more than .99¢/gal for 93 Octane anywhere in the U.S. Even Hawaii, Cali, Oregon, Washington State, etc should be at or below $1 USD/gal of 93 Octane.
The taxes and regulations are b.s. The allowance of foreign influencers to determine what WE pay is b.s. It's all b.s.
Besides the BS taxes added to price of a gallon of gas, fracked oil is more expensive to extract and refine. Drillers must obtain a minimum price for that oil to even stay in operation. Larger and older existing operations can survive on prices of around $30/barrel. But newer operations that have a lot of up front expenditure have to have around $60-$65 to remain solvent. Startups its even more. Not long ago when the prices got too low many of these smaller operators were forced to pack it in. That was during Trump's first term. Then there are the refinery costs which also are not cheap these days. Upgrades and building new refineries is a huge capital investment. Most of our old refineries are not even set up to refine fracked oil.
I agree that many of the BS regulations are only adding to the cost of doing business. That is what caused several CA refineries to go offline and forced CA to import gas. Ridiculous. CA gas in the Bay Area had already hit $7/gallon before the Iraq action even started because of Newscum's bone headed green agenda. I do think however, that at the very least during times like this that the taxes on gasoline need to be temporarily suspended. That would help a little.
Oh my, I remember those days. I remember my mom complaining about 25 cent gas. She had a tuna boat Cadillac that cost almost $5 to fill up. During the embargo I remember they were pumping oil into old wells up on signal hill near Long Beach. So much for oil shortages. There was the odd and even days to get gas in CA. It didn't matter for me because I had bought a car from my cousin and it had OR plates on it. I could get gas on any day. Out of state plates were exempt. I took my sweet time switching my car over to CA registration - at least not until the odd/even deal was finished.
The embargo started while Nixon was in the WH and he signed the bill to lower maximum highway speed to 55mph. Nixon was also in office when the whole odd/even gas line mess started that was adopted on a state and local level. CA and OR were two of the first. It was the seventies version of the toilet paper hoarding frenzy.
Who else remembers gas at $0.25? Then OPEC happened along with Iranian “revolution”. Arab oil embargo, gas lines, etc. Thanks Jimmy.
I'm 50 and can remember sitting in my dad's Gremlin waiting for 3+ hrs to get gas in Miami, in the summer time, with the car off. For a 3 yr old, that might as well be torture. What should've been easy trips to the gas station and then the grocery store were all day events, sweating our asses off in the car. I remember him and my mom getting into arguments with other people over who's turn it was to turn into the gas station. At one point, my dad had to draw down on a guy for threatening to beat my mother down.
OPEC is a damned criminal organization, a cartel that needs to be dismantled alongside the City of London's influence over commodities pricing.
There is absolutely NO REASON WHATSOEVER that we should be paying more than .99¢/gal for 93 Octane anywhere in the U.S. Even Hawaii, Cali, Oregon, Washington State, etc should be at or below $1 USD/gal of 93 Octane.
The taxes and regulations are b.s. The allowance of foreign influencers to determine what WE pay is b.s. It's all b.s.
Besides the BS taxes added to price of a gallon of gas, fracked oil is more expensive to extract and refine. Drillers must obtain a minimum price for that oil to even stay in operation. Larger and older existing operations can survive on prices of around $30/barrel. But newer operations that have a lot of up front expenditure have to have around $60-$65 to remain solvent. Startups its even more. Not long ago when the prices got too low many of these smaller operators were forced to pack it in. That was during Trump's first term. Then there are the refinery costs which also are not cheap these days. Upgrades and building new refineries is a huge capital investment. Most of our old refineries are not even set up to refine fracked oil.
I agree that many of the BS regulations are only adding to the cost of doing business. That is what caused several CA refineries to go offline and forced CA to import gas. Ridiculous. CA gas in the Bay Area had already hit $7/gallon before the Iraq action even started because of Newscum's bone headed green agenda. I do think however, that at the very least during times like this that the taxes on gasoline need to be temporarily suspended. That would help a little.
I remember, sometimes even 23 cents a gallon. 1960's
Oh my, I remember those days. I remember my mom complaining about 25 cent gas. She had a tuna boat Cadillac that cost almost $5 to fill up. During the embargo I remember they were pumping oil into old wells up on signal hill near Long Beach. So much for oil shortages. There was the odd and even days to get gas in CA. It didn't matter for me because I had bought a car from my cousin and it had OR plates on it. I could get gas on any day. Out of state plates were exempt. I took my sweet time switching my car over to CA registration - at least not until the odd/even deal was finished.
The embargo started while Nixon was in the WH and he signed the bill to lower maximum highway speed to 55mph. Nixon was also in office when the whole odd/even gas line mess started that was adopted on a state and local level. CA and OR were two of the first. It was the seventies version of the toilet paper hoarding frenzy.