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Price of gas is up ~50 cents per gallon since the election.
invite response
2021 Mar 6, 5:51am 3,556 views 43 comments
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41
PeopleUnited
2022 Apr 3, 5:41pm
PeopleUnited
2022 Apr 3, 5:41pm
Blue says
The strategic petroleum reserve is just a drop in the bucket compared to current oil demands.
https://www.energy.gov/fecm/strategic-petroleum-reserve-9?source=patrick.net
Current authorized storage capacity - 714 million barrels
https://www.handlebar-online.com/writing-tips/what-is-the-us-consumption-of-oil-per-day/?source=patrick.net
“In 2019, the United States consumed approximately 20.47 million barrels of oil daily.
Many may not realize that the United States is such a large oil producer. The United States produces about 9.6 million barrels per day.”
So “we” only have about a 25 day supply of oil in store in the SPR. It is a joke to even consider it more than than political grandstanding and it won’t move the price down enough to even notice a blip on the radar.
Biden Tapping Strategic Petroleum Reserve
The strategic petroleum reserve is just a drop in the bucket compared to current oil demands.
https://www.energy.gov/fecm/strategic-petroleum-reserve-9?source=patrick.net
Current authorized storage capacity - 714 million barrels
https://www.handlebar-online.com/writing-tips/what-is-the-us-consumption-of-oil-per-day/?source=patrick.net
“In 2019, the United States consumed approximately 20.47 million barrels of oil daily.
Many may not realize that the United States is such a large oil producer. The United States produces about 9.6 million barrels per day.”
So “we” only have about a 25 day supply of oil in store in the SPR. It is a joke to even consider it more than than political grandstanding and it won’t move the price down enough to even notice a blip on the radar.
42
Tenpoundbass
2022 Apr 3, 5:42pm
Tenpoundbass
2022 Apr 3, 5:42pm
B.A.C.A.H. says
You do realize that "Greenhouse Gasses, and any perceived ill effect, the media likes to conjure up, is all a huge plate of Bullocks and Rice don't you?
The day we realize $25 a gallon gas, will be the day Humanity fails. Modern civilization simply can't sustain without Oil production, for all of the other products, that make modern life and our low mortality rate on every demographic, compared to pre Oil consumption. We simply depend on every drop we drill for today, and only demand more, that Gasoline business is only an after thought, AFTER we get the other uses out of Oil refinement. You do realize, that the turn of the last century, they drilled Oil and refined it for solvents, lubes and oils for the industrial boom at the time. Gasoline was an unfortunate by--product of the Oil refinement, Rockefeller went to Henry Ford, and asked him make a motor that will burn petrol, rather than the steam engines and electric cars, that were being made at the time. And the rest is History.
When we run out of room to store the Gasoline then all refinement and production will seize and shutdown. Then the TV's, Phones, and Electric cars will quit rolling off the assembly lines and most everything else. This is why Biden keeps "releasing the gas reserves". When we all know Biden and his administration are not releasing the gas reserves to lower the price, but only to make room for new Oil.
Hi clambo. Methane is another gas with carbon. It is emitted by flatulence of cows, in fracking and whatnot where oil is sought instead of the methane, and volcanic activity. Methane, like carbon dioxide, has different vibrational states that can absorb the higher energy radiation (sunlight), use it to vibrate the chemical bonds, and emit the difference as lower energy radiation (heat). The "greenhouse effect". Elemental carbon is not emitted from the burning of fuels, is not a gas and so it's not in the atmosphere.
You do realize that "Greenhouse Gasses, and any perceived ill effect, the media likes to conjure up, is all a huge plate of Bullocks and Rice don't you?
The day we realize $25 a gallon gas, will be the day Humanity fails. Modern civilization simply can't sustain without Oil production, for all of the other products, that make modern life and our low mortality rate on every demographic, compared to pre Oil consumption. We simply depend on every drop we drill for today, and only demand more, that Gasoline business is only an after thought, AFTER we get the other uses out of Oil refinement. You do realize, that the turn of the last century, they drilled Oil and refined it for solvents, lubes and oils for the industrial boom at the time. Gasoline was an unfortunate by--product of the Oil refinement, Rockefeller went to Henry Ford, and asked him make a motor that will burn petrol, rather than the steam engines and electric cars, that were being made at the time. And the rest is History.
When we run out of room to store the Gasoline then all refinement and production will seize and shutdown. Then the TV's, Phones, and Electric cars will quit rolling off the assembly lines and most everything else. This is why Biden keeps "releasing the gas reserves". When we all know Biden and his administration are not releasing the gas reserves to lower the price, but only to make room for new Oil.
43
Misc
2022 Apr 4, 9:40am
Let's see Brandon is releasing 1 million barrels per day for 6 months.
What is in 6 months? --- Why the elections silly.
After that it's prices back up to the moon baby.
What is in 6 months? --- Why the elections silly.
After that it's prices back up to the moon baby.
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https://ycharts.com/indicators/us_gas_price
Went to Costco the other day. Price of store brand Kirkland tortilla strips up $1.00 from $2.99 to $3.99.
Thanks Republicans who failed to tell us the truth and stand up for working Americans (instead serving your globalist campaign sponsors in big business).
Been looking for months for my preferred Kleenex brand tissue and when you can find it the price has more than doubled from 1.25 cents per tissue to over 3 cents a tissue. But tissues are an excessive luxury when people realize they can’t afford transportation and food.
We need to purge politics from the cronies in both parties who are selling the American people out. Start today before they double and then triple your cost of living. It is coming if we do nothing.
If you think the great reset new world order is not already in motion you are not looking at what is happening in your own back yard.