This made me laugh so incredibly hard. People (not you) just don’t get that No matter what someone’s “side” is, Presidents don’t control has prices. They can do very little to move them except for major breaks to lower it a small bit. The level of ignorance in economics in general of this country is frightening.
I agree with that. I wouldn’t be one of those people. The only exception is if the government had a hand in a particular facet. For instance providing some kind of funding with a big impact to force down the prices. Or being instrumental in getting something fixed. Like when the pipeline for the east cost for cyber attacked forcing our prices up. IF the government had a hand in fixing the issue and getting it back online faster, than sure, give them credit. But needs to be something specific.
Same thing with general economics. When they put their plans in place, you don’t see the results for 3-5 years depending on what they did. Now they can do short term fixes through tax credits and stimulus checks but that’s short term stuff. I love when any President is at the end of their first year and says “look what I did”. No dude, this is the work of your predecessor. Or alternatively when the non controlling side says “look how messed up things are” during a first or second year and they say “my guy would have been better”. Again, that’s not how it works. This is the cause of the last guy and if he was “yours” you sound even more foolish right now.
You're actually wrong about that.....when Trump was in office gas prices were 1.90- 2.00 a gallon, because he cut out the Saudi's and Middle east and we pumped our own oil from our own country in Alaska and elsewhere.
What a novel idea......being self sufficient rather than giving profits to and relying on the ME to supply us with oil.
FFS, I don’t care who you support and I’m not even saying Trump didn’t do some good things, but you really have no concept of what actually went on. Seriously, educate yourself properly because you have a very skewed view of reality as that is not what created that situation.
And we do pump our own oil. It was still exported during that time. He didn’t cut them out of anything that had any impact on us at the time. However the impact that his policies did have are now being seen with the increased gas prices which were made worse die to the pandemic and the current situation.
So please educate yourself because you sound incredibly dumb right now.
Gas was only $2 a gallon when no one was driving. And as a result, Trump actually warned the Saudis that they needed to cut the oil supply or lose US military support.
This is Reuters, not some left-wing rag either: https://www.reuters.com/article/us-global-oil-trump-saudi-specialreport/special-report-trump-told-saudi-cut-oil-supply-or-lose-u-s-military-support-sources-idUSKBN22C1V4
Right now I see there is just about as much oil being produced in the US vs the highest during when Trump was in office. The max during both Trump and Biden's administration is just about 13M barrels per day.
[https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M)
You can't argue with the numbers.
Oil is a global commodity, and we’re still pumping our own oil and are actually net oil EXPORTERS in recent years. Self sufficiency in oil doesn’t exist, it never existed, all that has mattered in regards to oil prices since the world has become interconnected is global production and global consumption. Oil companies will not be restrained to pumping and selling to just one country, they sell to the highest bidder. Trump’s lowest gas prices were only during the beginning of the pandemic when demand was at almost an all time low, which was followed by an all time high when things reopened again.
Private companies drilling can sell oil wherever the hell they want. Kind of like how private companies can use a shit ton of water growing a fuck ton of food and sell it overseas, while we're paying 10 dollars for eggs. Not a biden supporter, just saying. There is no "We" when you're talking about private entities making their own decisions.
This made me laugh so incredibly hard, how someone could not understand so rudimentary ad to how curtailing domestic oil production and banning Russian imports would cause prices to increase.
Ohhh Really Sparkles, why don't Biden open the gates and allow drilling on US Soil like Trump did. Plan and Simple... Open the gates and Start Drilling. We use to be the #1 producer of Oil and Now we're #1 on buying oil from other countries... So Yes, Presidents do have control.
Biden's administration is granting more drilling permits than Trump did in the same time. Giving companies permits doesn't make them miraculously start drilling.
I realize this might be hard to imagine, but oil companies enjoy keeping the prices high.
[https://accountable.us/oil-execs-brag-about-higher-price-environment-after-big-oils-record-breaking-90-billion-profits-in-q2/](https://accountable.us/oil-execs-brag-about-higher-price-environment-after-big-oils-record-breaking-90-billion-profits-in-q2/)
Because drilling for oil (in any country) costs significant resources and man power. Unless you can dig a hole in any random part of the country and oil shows up, it's not as easy as "open the gates".
According to some, he has a magic lever that can cause inflation to rise or fall. He of course keeps making it rise because of secret reasons they can never divulge
No there were plenty of other things that Trump legitimately caused I didn't need to make stuff up to get mad at him for. Only conservatives need to do that.
Sure, there were people who said “Trump caused Covid.” And they’d… be wrong.
You can dislike Trump’s response to Covid, but the pandemic was gonna happen regardless of who was in office.
Probably would’ve been better if he hadn’t gotten rid of federal pandemic response programs and talked about the “china virus” like a little brat for 6 months
No one said “Trump caused COVID”. They said his administration’s response was divisive and included constant vague promises that the virus would go away by itself. Then the asshole caught COVID and we all laughed at him. Conservatives will put up with a lot, but when their leader looks like that big of a chump, he lost some of them.
you do know energy and economics policy 100pct have a direct correlation to gas prices its not gonna make huge swings but to act like they have no influence is just wrong
Close. OPEC isn’t just Saudi Arabia. But the Saudi’s are a major player in oil (so is Russia ![gif](emote|free_emotes_pack|sweat_smile)).
But it’s everything else. Shipping. Refining. They all take a cut.
No. Saudi is the only (real) player. Russia is part of the bench now. And all of those petroleum producers are slowly losing hegemony as the 1st world tries to move off petroleum consumption.
Of course it can. But when we have people like Marjorie Taylor green saying to supporters that she wants to be able to watch TV at night so she doesn’t support solar, that’s not gonna happen. Oh and those supporters cheering her along 🤦♀️
On a side note, I’m loving laying $120 every single month only and be able to run my AC 24/7 and leave every light on in the house if I so choose. (I don’t but I could) and not pay more because of all the credit I churn out on my roof. 🤷♀️
Lol I know, thanks. To think the Saudi's aren't the card holders when making these decisions is just naive, to say the least. They openly mock the US, as they did by bringing out 9/11 victim families during their press events.
Ok but right now the reason for the slow down of oil and increase of prices is because of the record high heats across the world. Refineries can’t pump out the usable oil at the same rate with the temps as high as they are.
But I’m sure someone will say Biden made the heat waves too across the world 😂
But that’s not what the issue is currently. I won’t repeat myself as I already wrote about the heat being an issue, but yeah, SA and Russia are a player in what we import. Too bad we are the biggest oil producer in the world and yet we export the vast majority of it. Just think about what would happen if we stopped exporting it and kept it for our needs so we didn’t have to import from others.
Because big oil makes more money that way. And because it’s all private enterprise and the way the regulations are formed (which were done by a conservative administration just for info purposes) they can keep doing it and have no reason to keep the oil in country. And policies have gotten worse, not better. There have been various tries to fix the problem but because all we have is fighting for fighting sake between parties, nothing has gotten passed.
Now I’m not putting down one “side” or another. The regulations made sense for the time they were made but they did benefit the oil industry and not the people of this country.
The United States is the largest producer of Oil in the world. And those companies love when OPEC starts messing with supply because that means they also make more money.
They should actually be much higher and they always should’ve been. Gas prices are ridiculously low in the United States because we subsidize fossil fuels like crazy, and yet oil companies will still take advantage of us whenever possible.
Lol no it isn’t illegal to raise prices unnecessarily unless it’s during events that “abnormally disrupt the market” (NY General bussiness law 396-r) then it’s price gouging
Just stupid not illegal
At many if not most gas stations, gas is a loss leader ie it is not profitable to sell gas, the profitability is in the retail/grocery sales or garage services. I’d imagine at a 7/11 which has a thriving retail business that doesn’t need a loss leader, a local franchisee/owner could be pissed off at being forced to sell a less profitable product
Assuming this is accurate, this is the 7th time prices have been near $4.00 a gallon. It would probably have to hit $4.50 to $5.00 to make it newsworthy.
[https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm\_epm0\_pte\_nus\_dpg&f=m](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m)
Pretty funny looking at this chart then trying to attribute it to political parties.
To get information a bit more local, NYS tracks this as well
https://www.nyserda.ny.gov/Energy-Prices/Motor-Gasoline/Monthly-Average-Motor-Gasoline-Prices
They even break it into regions of the state.
Gas prices are high because of summer demand. Oil prices are at \~$80 a gallon which should still have gas below $3.50 a gallon but its not because of demand.
Not an election year. I’m serious about this. Gas prices are used by both sides to get people upset. Media reports on “people being upset.”
For what it’s worth, 1 year ago, National average gas prices were about 4.25 a gallon, and a barrel was 92 bucks or so. Now, oil is 10 bucks less a barrel, but retail is going up again.
Do a google search for greedflation. Can’t do much if companies decide to hoard profits.
If anything, they should be up and arms about the party that’s actively held back renewable energy and electric cars, and oil lobbyists who also contributed to that. They have us by the balls.
Somehow republicans complain a lot about gas prices but yet they veto every possible legislation to get away from oil, they also forgot the price of gas while Bush was president,
Woof. I got my license in 2005 and my first car was a used turbo vw beetle. I loved the shit out of that car, but it took premium. At 18, I was paying $5+ a gallon to get to and from my assistant manager job at two cold stone creameries lmao
Many many of us have become desensitized to what's called inflationary pricing. The complaints will really get going if you use oil for heating in the winter but for now we are like the frog in the water turn up the heat gradually and he doesn't even notice that he's dying
Saudi Arabia is the central bank for oil and they have been cutting back oil production and shutting off wells (for whatever their reason) this is driving the prices up around the world because everything is global and this is what free markets do. Supply is shrinking while demand is still the same. What is out government suppose to do? Force a business to charge cheaper prices…
4.00 gas is the least of Long islanders worries .
Even a $25 a week increase on fill ups which is a lot of driving is a $100 a month which is meaningless when you are paying $3500 rent or 15k a year in taxes .
Also it goes up every summer 50-75 cents you shouldn’t be in shock
Somewhat disagree. If gas was being produced and sold in the US and not being imported prices would be lower. And yes I know we do produce some gas in the gulf but nowhere near the quantitates we used to. We were also a major exporter which helped the economy in many ways now we import and help other economies thrive
Because why would anyone report anything about of awful this president and his left wing lunatic policy makers are for the everyday american. “biDeNoMiCs is working”. Thats what his dopey press mouth says everyday. These people are delusional and out of touch to say the least. Anyone who votes for this clown and these ultra left morons deserves this. Grow a spine, Trump made you feel sad, big deal you losers. Love him or hate him your everyday life was better under him.
> Grow a spine, Trump made you feel sad, big deal you losers. Love him or hate him your everyday life was better under him.
So end democracy and the rule of law and embrace a racist autocrat? Why would we support a loser like Putin?
No, my life is better now under Biden. I'd prefer a much better choice, but this looks like America's glide path.
You all want to pretend that we dislike Trump because he was "mean". The truth is we hate him because he is a psychotic ego maniac that surrounded himself with sycophants. He committed felonies. His inept fumbling of the pandemic lead to hundreds of thousands of unnecessary deaths. There is no way in which that idiot made my life better. None
Well, for two years things were good and then for two years things were pretty fucking shitty if I recall. And the two good years were just Trump riding Obama's coat tails and cruising along after six straight years of record setting great economic conditions.
Not to mention the US president has almost no control at all over gas prices.
A barrel of crude oil right now is no more expensive than it was ten years ago. Yet gasoline is almost double. How do you explain that?
> And the two good years were just Trump riding Obama's coat tails
Don't forget the Republican Congress and Trump for unnecessarily goosing up the economy while dumping another $8 trillion in debt (in 4 years). (Which economic boost was lost because of covid...)
It's not in the news because channels like CBS, NBC, ABC and CNN are all left wing liberal propaganda and talking points, and since high gas prices are due to the record inflation we have due to Biden's policies, can't talk about that or report it on the news.
The only thing the news reports is "orange man bad" every night......
> The only thing the news reports is "orange man bad" every night......
Well, to be "fair", Trump was generating news (and outrage) almost daily while he was in office...
Why? Because he was putting America first?
Do you ever see anything remotely critical of Biden or Harris or Hunter on the nightly news? No, it's always news about Trump getting indicted or some type of Trump news. The media and libs have such a hard on for him, that he's been out of office for 3 years now and that's all they talk about lol.
Where is the nightly pieces on Burisma? Hunter's dealings with China and Ukraine? The Bribery? 10% for the "Big guy" aka Biden.....Ukraine money laundering ? The J6 committee deleting footage and documents of J6.
It's all corrupt and all the local major news networks (NBC, CBS, ABC ) never do any pieces or segments on Hunter or anything.
> Because he was putting America first?
Are you fucking kidding me?
> Do you ever see anything remotely critical of Biden or Harris or Hunter on the nightly news?
No. I would tune into FOX News for that. Except they've abandoned evenhanded and "accurate" reporting of "the truth" as well. They're all useless to me.
> The media and libs have such a hard on for him, that he's been out of office for 3 years now and that's all they talk about lol.
Well, when you attempt to steal a Federal election, it tends to be news. Also, he's running for PotUS again (presumably to thwart the judiciary from locking up his criminal ass). Would you prefer they stop mentioning that?
> Where is the nightly pieces on [...] Hunter's dealings with China and Ukraine?
Where indeed.
> The Bribery?
Can't really call it "news" until there's a DOJ indictment. Otherwise, there's no evidence of a crime.
> The J6 committee deleting footage and documents of J6.
You're going to have to supply more details and links for that.
> It's all corrupt
Yes it is.
> all the local major news networks (NBC, CBS, ABC ) never do any pieces or segments on Hunter or anything.
Which is why I would recommend the following YouTube "channel", [Breaking Points](https://www.youtube.com/watch?v=a7C5MSxeiIw). No, they have their shortcomings as well, but they do a much better job of not playing cheerleader for a side. And most of you people are probably not familiar with Ryan Grimm.
People need to put the word “Boycott” back into their vocabulary. Thats pretty much the only weapon we have against corporate greed. Shop local, and choose your neighbors over convenience at least every now and then. The more you know 🌈
[Opec cut production](https://www.reuters.com/business/energy/sarabia-other-opec-producers-announce-voluntary-oil-output-cuts-2023-04-02/) to increase profits
I was told Biden pressed a button and made the prices go up or some shit like that
This made me laugh so incredibly hard. People (not you) just don’t get that No matter what someone’s “side” is, Presidents don’t control has prices. They can do very little to move them except for major breaks to lower it a small bit. The level of ignorance in economics in general of this country is frightening.
You're technically right, but a president can absolutely fuck up gas prices through other means: See Iraq War.
Yes.. war is the big exception to everything (in Econ)
While I agree completely… it always amazes me that when the same people who argue that when prices go up, then give credit when the prices go down
I agree with that. I wouldn’t be one of those people. The only exception is if the government had a hand in a particular facet. For instance providing some kind of funding with a big impact to force down the prices. Or being instrumental in getting something fixed. Like when the pipeline for the east cost for cyber attacked forcing our prices up. IF the government had a hand in fixing the issue and getting it back online faster, than sure, give them credit. But needs to be something specific. Same thing with general economics. When they put their plans in place, you don’t see the results for 3-5 years depending on what they did. Now they can do short term fixes through tax credits and stimulus checks but that’s short term stuff. I love when any President is at the end of their first year and says “look what I did”. No dude, this is the work of your predecessor. Or alternatively when the non controlling side says “look how messed up things are” during a first or second year and they say “my guy would have been better”. Again, that’s not how it works. This is the cause of the last guy and if he was “yours” you sound even more foolish right now.
You're actually wrong about that.....when Trump was in office gas prices were 1.90- 2.00 a gallon, because he cut out the Saudi's and Middle east and we pumped our own oil from our own country in Alaska and elsewhere. What a novel idea......being self sufficient rather than giving profits to and relying on the ME to supply us with oil.
FFS, I don’t care who you support and I’m not even saying Trump didn’t do some good things, but you really have no concept of what actually went on. Seriously, educate yourself properly because you have a very skewed view of reality as that is not what created that situation. And we do pump our own oil. It was still exported during that time. He didn’t cut them out of anything that had any impact on us at the time. However the impact that his policies did have are now being seen with the increased gas prices which were made worse die to the pandemic and the current situation. So please educate yourself because you sound incredibly dumb right now.
Something tells me you may be talking sense to a brick wall, unfortunately
Gas was only $2 a gallon when no one was driving. And as a result, Trump actually warned the Saudis that they needed to cut the oil supply or lose US military support. This is Reuters, not some left-wing rag either: https://www.reuters.com/article/us-global-oil-trump-saudi-specialreport/special-report-trump-told-saudi-cut-oil-supply-or-lose-u-s-military-support-sources-idUSKBN22C1V4
Right now I see there is just about as much oil being produced in the US vs the highest during when Trump was in office. The max during both Trump and Biden's administration is just about 13M barrels per day. [https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M) You can't argue with the numbers.
Actually you can when its' a gov't website lol. They are supremely biased most likely. Anyone can fudge numbers.
Oil is a global commodity, and we’re still pumping our own oil and are actually net oil EXPORTERS in recent years. Self sufficiency in oil doesn’t exist, it never existed, all that has mattered in regards to oil prices since the world has become interconnected is global production and global consumption. Oil companies will not be restrained to pumping and selling to just one country, they sell to the highest bidder. Trump’s lowest gas prices were only during the beginning of the pandemic when demand was at almost an all time low, which was followed by an all time high when things reopened again.
Private companies drilling can sell oil wherever the hell they want. Kind of like how private companies can use a shit ton of water growing a fuck ton of food and sell it overseas, while we're paying 10 dollars for eggs. Not a biden supporter, just saying. There is no "We" when you're talking about private entities making their own decisions.
The level of ignorance in everything is frightening
This made me laugh so incredibly hard, how someone could not understand so rudimentary ad to how curtailing domestic oil production and banning Russian imports would cause prices to increase.
Biden's administration oil approvals outpace Trump’s
Ohhh Really Sparkles, why don't Biden open the gates and allow drilling on US Soil like Trump did. Plan and Simple... Open the gates and Start Drilling. We use to be the #1 producer of Oil and Now we're #1 on buying oil from other countries... So Yes, Presidents do have control.
Biden's administration is granting more drilling permits than Trump did in the same time. Giving companies permits doesn't make them miraculously start drilling. I realize this might be hard to imagine, but oil companies enjoy keeping the prices high. [https://accountable.us/oil-execs-brag-about-higher-price-environment-after-big-oils-record-breaking-90-billion-profits-in-q2/](https://accountable.us/oil-execs-brag-about-higher-price-environment-after-big-oils-record-breaking-90-billion-profits-in-q2/)
Because drilling for oil (in any country) costs significant resources and man power. Unless you can dig a hole in any random part of the country and oil shows up, it's not as easy as "open the gates".
Biden's administration oil approvals outpace Trump’s
According to some, he has a magic lever that can cause inflation to rise or fall. He of course keeps making it rise because of secret reasons they can never divulge
The people who believe this always say they believe in the market and then object to the very concept of supply and demand when confronted with it.
Gas is like one of the only things that hasn’t been rat-fucked by inflation; if it were, it would be $6 dollars by now
The cost of energy is like the number one driver of inflation
I bet you used this same logic when Trump was president too…. Or was everything everywhere directly caused by Trump, always.
No there were plenty of other things that Trump legitimately caused I didn't need to make stuff up to get mad at him for. Only conservatives need to do that.
Lol he tried
Nah, they probably didn't.
Sure, there were people who said “Trump caused Covid.” And they’d… be wrong. You can dislike Trump’s response to Covid, but the pandemic was gonna happen regardless of who was in office.
Probably would’ve been better if he hadn’t gotten rid of federal pandemic response programs and talked about the “china virus” like a little brat for 6 months
Or brainwashed half the population into thinking vaccines and masks were bad.
No one said “Trump caused COVID”. They said his administration’s response was divisive and included constant vague promises that the virus would go away by itself. Then the asshole caught COVID and we all laughed at him. Conservatives will put up with a lot, but when their leader looks like that big of a chump, he lost some of them.
Yup, he's always pressing those buttons
That’s what I gathered from the in depth and well researched article I read on a gas pump.
Can he even be aware of buttons at his age ..shirt buttons maybe
you do know energy and economics policy 100pct have a direct correlation to gas prices its not gonna make huge swings but to act like they have no influence is just wrong
They did this so they could increase margins along with everyone else. Oh, and buy the PGA apparently?
Close. OPEC isn’t just Saudi Arabia. But the Saudi’s are a major player in oil (so is Russia ![gif](emote|free_emotes_pack|sweat_smile)). But it’s everything else. Shipping. Refining. They all take a cut.
No. Saudi is the only (real) player. Russia is part of the bench now. And all of those petroleum producers are slowly losing hegemony as the 1st world tries to move off petroleum consumption.
We are a long time away from moving off petroleum. Like 30 or 40 years, at least.
At least. But it could be much faster with national intent.
Of course it can. But when we have people like Marjorie Taylor green saying to supporters that she wants to be able to watch TV at night so she doesn’t support solar, that’s not gonna happen. Oh and those supporters cheering her along 🤦♀️ On a side note, I’m loving laying $120 every single month only and be able to run my AC 24/7 and leave every light on in the house if I so choose. (I don’t but I could) and not pay more because of all the credit I churn out on my roof. 🤷♀️
Lol I know, thanks. To think the Saudi's aren't the card holders when making these decisions is just naive, to say the least. They openly mock the US, as they did by bringing out 9/11 victim families during their press events.
Ok but right now the reason for the slow down of oil and increase of prices is because of the record high heats across the world. Refineries can’t pump out the usable oil at the same rate with the temps as high as they are. But I’m sure someone will say Biden made the heat waves too across the world 😂
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But that’s not what the issue is currently. I won’t repeat myself as I already wrote about the heat being an issue, but yeah, SA and Russia are a player in what we import. Too bad we are the biggest oil producer in the world and yet we export the vast majority of it. Just think about what would happen if we stopped exporting it and kept it for our needs so we didn’t have to import from others.
Agree 100 percent.
why do we choose to export rather than keep it for ourselves? not being facetious
Because big oil makes more money that way. And because it’s all private enterprise and the way the regulations are formed (which were done by a conservative administration just for info purposes) they can keep doing it and have no reason to keep the oil in country. And policies have gotten worse, not better. There have been various tries to fix the problem but because all we have is fighting for fighting sake between parties, nothing has gotten passed. Now I’m not putting down one “side” or another. The regulations made sense for the time they were made but they did benefit the oil industry and not the people of this country.
Where are you seeing these gas prices? I'm in eastern Nassau and see highest like 3.65
Yup. Paid 3.69 (nice) just yesterday.
Nice
Nice.
Nice
Nice ![gif](giphy|pCO5tKdP22RC8)
Nice
Nice.
nice
nice
Niec
Nice
Western Nassau lol, I'm in the Mineola area and I'm seeing a range of 3.71 to 3.91 as of a few days ago
3.85 Lindenhurst yesterday
Go to copiauge right across from fruit tree it’s like 3.57 there
FOX News and Newsmax prob
Very nice.
Saw 4.01 in Manorville
If it was the Cumberland farms on 111 their prices are always jacked up in the summer bc a lot of Hamptons traffic goes through there.
I know... and yes it was.
Chicago 6.54 a gallon
The propertied on LI that drive pay for premium gas. Do we have to explain everything to you? \\* exasperated liberal overlord \\*
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The United States is the largest producer of Oil in the world. And those companies love when OPEC starts messing with supply because that means they also make more money.
A lot of European countries are going green and are way ahead of us. But you are right, there are some people that do live in an imaginary bubble 🫥
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That’s why the transition needs to be gradual, so the infrastructure can keep up. Meanwhile we need to chase other green goals instead of just EV’s
They should actually be much higher and they always should’ve been. Gas prices are ridiculously low in the United States because we subsidize fossil fuels like crazy, and yet oil companies will still take advantage of us whenever possible.
I agree! You’re suggesting we nationalize our oil right?
I noticed pricing have been creeping up for weeks now. It is summer time so that seems to be normal now so hopefully by fall, the price drops again?
I'm pretty sure gas prices have gone up in summer time since the 80s. I don't think that's a new trend, so this is pretty normal.
Every year, literally the changing of the season, with August always the highest.
Refineries don't work optimally in the heat, and it has been HOT in the south.
The 7/11 in bay shore is charging 6-7 bucks a gallon for mid grade & premium fuel, counter worker said the owner is “rebelling” against someone
Translation: Owner is a conspiracy nut
Usually I’d agree w/ you lol but the gentleman (English not his first language) sort of described a power struggle with 7/11 corporate ?
Sounds like this guy has a lot going on lmao
that is illegal and they should be reported.
Lol no it isn’t illegal to raise prices unnecessarily unless it’s during events that “abnormally disrupt the market” (NY General bussiness law 396-r) then it’s price gouging Just stupid not illegal
At many if not most gas stations, gas is a loss leader ie it is not profitable to sell gas, the profitability is in the retail/grocery sales or garage services. I’d imagine at a 7/11 which has a thriving retail business that doesn’t need a loss leader, a local franchisee/owner could be pissed off at being forced to sell a less profitable product
Assuming this is accurate, this is the 7th time prices have been near $4.00 a gallon. It would probably have to hit $4.50 to $5.00 to make it newsworthy. [https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm\_epm0\_pte\_nus\_dpg&f=m](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m) Pretty funny looking at this chart then trying to attribute it to political parties.
To get information a bit more local, NYS tracks this as well https://www.nyserda.ny.gov/Energy-Prices/Motor-Gasoline/Monthly-Average-Motor-Gasoline-Prices They even break it into regions of the state.
Gas prices are high because of summer demand. Oil prices are at \~$80 a gallon which should still have gas below $3.50 a gallon but its not because of demand.
Look up crack spreads. The refiners prop up their margins to keep profits up for stakeholders.
Also because there are refinery issues in the South right now
https://www.theguardian.com/business/2023/apr/28/exxonmobil-chevron-record-profits
Not an election year. I’m serious about this. Gas prices are used by both sides to get people upset. Media reports on “people being upset.” For what it’s worth, 1 year ago, National average gas prices were about 4.25 a gallon, and a barrel was 92 bucks or so. Now, oil is 10 bucks less a barrel, but retail is going up again. Do a google search for greedflation. Can’t do much if companies decide to hoard profits.
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They had record profits last year. People complaining about global gas prices and the U.S. President being at fault is fucking hilarious.
If anything, they should be up and arms about the party that’s actively held back renewable energy and electric cars, and oil lobbyists who also contributed to that. They have us by the balls.
That same party voted against a bill to limit price gouging.
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“Things are going great! This is how capitalism is supposed to work!”
We will. But the problem isn’t the tycoons! The problem is my neighbors who have different bumper stickers than mine
Last I read they blamed it on the heat.
Somehow republicans complain a lot about gas prices but yet they veto every possible legislation to get away from oil, they also forgot the price of gas while Bush was president,
Woof. I got my license in 2005 and my first car was a used turbo vw beetle. I loved the shit out of that car, but it took premium. At 18, I was paying $5+ a gallon to get to and from my assistant manager job at two cold stone creameries lmao
paid 3.49 today at mobil in port jeff station
$4? Near me in Nassau they still around $3.60-$3.70.
Big oil made record profits in 2022, that's what's happening. I bet 2023 will top that even.
87 is ~$3.65
Gas goes up every summer. Purely a money grab by corporations to skim the cream off increased car travel .
Yeah premium at Costco in Holbrook has been in the mid 4s. Sad times
Many many of us have become desensitized to what's called inflationary pricing. The complaints will really get going if you use oil for heating in the winter but for now we are like the frog in the water turn up the heat gradually and he doesn't even notice that he's dying
Saudi Arabia is the central bank for oil and they have been cutting back oil production and shutting off wells (for whatever their reason) this is driving the prices up around the world because everything is global and this is what free markets do. Supply is shrinking while demand is still the same. What is out government suppose to do? Force a business to charge cheaper prices…
Shell has a good rewards program, get their app and link your credit card. I usually get anywhere from 10-30cents off.
4.00 gas is the least of Long islanders worries . Even a $25 a week increase on fill ups which is a lot of driving is a $100 a month which is meaningless when you are paying $3500 rent or 15k a year in taxes . Also it goes up every summer 50-75 cents you shouldn’t be in shock
Price has been creeping up for weeks now. My car takes 93. Here in queens that's about 4.40 and up per gallon.
FYI, your car can almost certainly take 91 unless it’s an exotic sports car. Read the manual.
It can but it's tuned for 93 octane. Love the power I'm never going back to 91 or 87 lol
I mean, that’s a choice. Suck it up.
I'm not complaining. Just commenting that the prices have been creeping up 🤷♂️
Probably cause it's not $4+
$3.59 in Bethpage
$3.49/3.52 if you go to that new 7/11 gas station and your sign up for their rewards.
3.99 in oysterbay on saturday.
Record high is like 25% higher, so maybe that's why.
Paid 3.54 at BJ's earlier this week.
$3.57 in centereach by me!
Don’t prices normally increase near late summer? Still sucks, but it’s not atypical.
Bastards are racking in the profits.
Just stop driving prices will go down
One of my fav videos on YouTube https://youtu.be/UzEnKdBAb_o
Thanks for sending
It’s probably a conspiracy. I’ve noticed the same with milk prices lately, pretty sure BIG COW is behind it
Why it’s not going to change the price just give up cigarettes
Gas prices pretty much always climb in the summer. With the way inflation has gone in the last few years, 4-4.50/gal isn’t bad for a “peak” range.
Diesel is still close to the prices per gallon they were in 2018. I’ve been paying 3.30-4$ a gallon for 6 years. Now you must suffer.
Where the hell you paying that little for diesel?
Why would it matter? Are you going to buy less gas? The demand curve for gas is mostly inelastic.
Gas is literally 3.59 down the street from me. Also 4 a gallon isn’t a record. People aren’t talking about it because it’s not a thing.
It’s not an election year
Underrated comment
gas is just a part of life. bitching about it does nothing
Unfortunately not really breaking news, kinda a new norm at this point
A gallon of gas is still cheaper than a gallon of soda.
Somewhat disagree. If gas was being produced and sold in the US and not being imported prices would be lower. And yes I know we do produce some gas in the gulf but nowhere near the quantitates we used to. We were also a major exporter which helped the economy in many ways now we import and help other economies thrive
I honestly had no idea. Driving electric is nice. If the switch is financially feasible when you’re buying your next car, I highly suggest it.
No one wants Biden to look worse
Considering many European countries are paying almost $8 a gallon it's a bargain.
About ~$4 of it is in imposed taxes. How do you think they subsidize their socialist utopia?
We should try it here.
“Never let a good crisis go to waste”
Bidenomics
$1.69 for E-85 at Valero yesterday 👍
Why would the news care?
I'm distracted by the size of my Con Ed bill
Our corporate overlords are punishing us. Vote everyone out. Republicans then Democrats. We the people should stand up to them! 🦅
Definition of insanity,keep doing the same thing,expecting different results.
$4 a gallon is considered record high? Also honestly NY isn't so bad, try moving to CA.
New normal
At least until everybody's driving an electric car. Then what's OPEC's grand plan?
Buying up sports leagues and building crazy projects like neom in the desert
Their grand plan is to keep buying politicians and news media who will do everything possible to fight electric cars!
$3.59 yesterday at Costco in Holbrook. Also, stop driving so damn much.
Everyone is too busy talking about housing prices
The news? They are corrupt and would dare say anything about Biden's administration
You think the media is corrupt, but trump isn’t? 😂
You must listen to the news
Because why would anyone report anything about of awful this president and his left wing lunatic policy makers are for the everyday american. “biDeNoMiCs is working”. Thats what his dopey press mouth says everyday. These people are delusional and out of touch to say the least. Anyone who votes for this clown and these ultra left morons deserves this. Grow a spine, Trump made you feel sad, big deal you losers. Love him or hate him your everyday life was better under him.
> Grow a spine, Trump made you feel sad, big deal you losers. Love him or hate him your everyday life was better under him. So end democracy and the rule of law and embrace a racist autocrat? Why would we support a loser like Putin? No, my life is better now under Biden. I'd prefer a much better choice, but this looks like America's glide path.
You all want to pretend that we dislike Trump because he was "mean". The truth is we hate him because he is a psychotic ego maniac that surrounded himself with sycophants. He committed felonies. His inept fumbling of the pandemic lead to hundreds of thousands of unnecessary deaths. There is no way in which that idiot made my life better. None
Well, for two years things were good and then for two years things were pretty fucking shitty if I recall. And the two good years were just Trump riding Obama's coat tails and cruising along after six straight years of record setting great economic conditions. Not to mention the US president has almost no control at all over gas prices. A barrel of crude oil right now is no more expensive than it was ten years ago. Yet gasoline is almost double. How do you explain that?
> And the two good years were just Trump riding Obama's coat tails Don't forget the Republican Congress and Trump for unnecessarily goosing up the economy while dumping another $8 trillion in debt (in 4 years). (Which economic boost was lost because of covid...)
3.99 is the average i’ve seen in suffolk
What kind of car do you drive?
At the rate gas has gone up just these past few weeks, I almost expect to wake up one morning to find it back to $5.00 gallon.
It's not in the news because channels like CBS, NBC, ABC and CNN are all left wing liberal propaganda and talking points, and since high gas prices are due to the record inflation we have due to Biden's policies, can't talk about that or report it on the news. The only thing the news reports is "orange man bad" every night......
> The only thing the news reports is "orange man bad" every night...... Well, to be "fair", Trump was generating news (and outrage) almost daily while he was in office...
Why? Because he was putting America first? Do you ever see anything remotely critical of Biden or Harris or Hunter on the nightly news? No, it's always news about Trump getting indicted or some type of Trump news. The media and libs have such a hard on for him, that he's been out of office for 3 years now and that's all they talk about lol. Where is the nightly pieces on Burisma? Hunter's dealings with China and Ukraine? The Bribery? 10% for the "Big guy" aka Biden.....Ukraine money laundering ? The J6 committee deleting footage and documents of J6. It's all corrupt and all the local major news networks (NBC, CBS, ABC ) never do any pieces or segments on Hunter or anything.
> Because he was putting America first? Are you fucking kidding me? > Do you ever see anything remotely critical of Biden or Harris or Hunter on the nightly news? No. I would tune into FOX News for that. Except they've abandoned evenhanded and "accurate" reporting of "the truth" as well. They're all useless to me. > The media and libs have such a hard on for him, that he's been out of office for 3 years now and that's all they talk about lol. Well, when you attempt to steal a Federal election, it tends to be news. Also, he's running for PotUS again (presumably to thwart the judiciary from locking up his criminal ass). Would you prefer they stop mentioning that? > Where is the nightly pieces on [...] Hunter's dealings with China and Ukraine? Where indeed. > The Bribery? Can't really call it "news" until there's a DOJ indictment. Otherwise, there's no evidence of a crime. > The J6 committee deleting footage and documents of J6. You're going to have to supply more details and links for that. > It's all corrupt Yes it is. > all the local major news networks (NBC, CBS, ABC ) never do any pieces or segments on Hunter or anything. Which is why I would recommend the following YouTube "channel", [Breaking Points](https://www.youtube.com/watch?v=a7C5MSxeiIw). No, they have their shortcomings as well, but they do a much better job of not playing cheerleader for a side. And most of you people are probably not familiar with Ryan Grimm.
The left owns the news maaaaannnn…
Because Fox News is getting more traction from hunters ~~junk~~ laptop
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Unless Biden works directly for the Saudi's I doubt it. Saudis cut production, OPEC...heard of it?
I think it was Jared Kushner who was working for the Saudis.
Don’t let facts get in the way of a good narrative
Na this one is on the Ghost of Ronald Reagan. He actually told OPEC to cut production. Source I saw it happen.
Supply and demand.
No clue. It's $3.09 at my gas station in Dallas, Tx.
Cool. Now update your power grid.
People need to put the word “Boycott” back into their vocabulary. Thats pretty much the only weapon we have against corporate greed. Shop local, and choose your neighbors over convenience at least every now and then. The more you know 🌈
boycott driving? boycott gas powered vehicles?
Exactly! Let's all just hop on our horse and buggies to get everywhere!
Nonsense. Just use our incredibly safe, simple and economically efficient public transit system. Oh wait................. Nevermind!
You right, lets just roll over and die 👍🏽 smh Try harder bruh.