Gas price spikes won’t be stopping any time soon, said Tom Kloza, global head of energy analysis for the OPIS. Wholesale gasoline prices rose between 1 cent to as much as 12 cents a gallon in trading Monday in different markets across the United States. Those increases will be passed onto to drivers at the pump in relatively short order.

“I think we’ll hit $4.50 a gallon before it turns around,” said Kloza. “The risk is how bad this gets, how long this goes on. Even $5 a gallon nationwide is possible. I wouldn’t have predicted that before the fighting started.”

The Costco's around me are listing the following for Regular:

$5.09
$4.85
$5.08
$5.15
$5.05

Last night going home I drove past my usual and customary gas station and it was $5.55. This morning driving to work the same station increased their price overnight to $5.67.

I expect $6.00 shortly.

Missed my chance to buy gas at “only” $4.50 yesterday. It’s $4.80 today.

Regular = $3.979

Premium = $4.549

Upstate South Carolina:

Regular $3.99
Mid $4.39
Premium $4.79

$3.79 Saturday, $4.15 today. Diesel is $4.99

$5.89 today

Now this idiot Biden is blocking import of Russian oil and blaming ALL gas price raises squarely on Russia. For those of us with a memory, the gas prices started raising well before two weeks ago. That's why he tapped the strategic oil reserve in November 2021.

Complete fucking moron. He could have said we are limiting imports to 80% of the last 12 months barrels per day average and every week longer it goes they lose 10% more. In nine weeks they hit zero exports to us and it buys us time to beg our other enemies for oil (Venezuela and OPEC), or God forbid ramp up our own production.

No instead knee jerk reaction which will get a knee jerk reaction from the markets, I think we easily see $6+ this week and even more next week. Had we eased into it it still would hurt Russia, but deaden the blow to us. I'm a stupid electrician and I think I could govern better than Biden after I'd been on a three day bender.

quote:

Originally posted by Skins2881:
Now this idiot Biden is blocking import of Russian oil and blaming ALL gas price raises squarely on Russia. For those of us with a memory, the gas prices started raising well before two weeks ago. That's why he tapped the strategic oil reserve in November 2021.

Complete fucking moron.

But that is the problem. I honestly don’t think Biden is making any decision anymore, the man is a husk, a shell, he’s virtually walking dead at this point.

It’s whoever is controlling him behind the scenes, they are making all these idiotic decisions, and how the hell do we know who they are?

It’s infuriating, and it’s not sustainable.

quote:

Originally posted by Skins2881:
Now this idiot Biden is blocking import of Russian oil and blaming ALL gas price raises squarely on Russia. For those of us with a memory, the gas prices started raising well before two weeks ago. That's why he tapped the strategic oil reserve in November 2021.

Complete fucking moron. He could have said we are limiting imports to 80% of the last 12 months barrels per day average and every week longer it goes they lose 10% more. In nine weeks they hit zero exports to us and it buys us time to beg our other enemies for oil (Venezuela and OPEC), or God forbid ramp up our own production.

No instead knee jerk reaction which will get a knee jerk reaction from the markets, I think we easily see $6+ this week and even more next week. Had we eased into it it still would hurt Russia, but deaden the blow to us. I'm a stupid electrician and I think I could govern better than Biden after I'd been on a three day bender.

Gas prices started rising at the end of 2020 (Mid-December), but due to certain Executive Orders/policy changes, prices were rising in earnest by LAST February! By the end of June 2021, Gas Prices had increased by 40%! Gas prices have been steadily increasing ever since POTATUS has been in charge...And then everything goes off the rails last week!

The last time gas prices were this high (2008 here) I was in a thirsty Infiniti that required premium.

Now I'm in a slightly less thirsty 87 burning Malibu, and in a better than broke-college-kid position.

My dad is on 2 waitlists for a Hybrid Maverick.
Would be a massive MPG jump over his 6.2l Denali Suburban & his >300k miles 02 4wd Silverado.

I filled up the 4Runner today...
The prices were high but there were no lines. Availability is still good.

As an aside, I notice that a lot of Illinois people must vote for high gas prices but fill up their cars in Missouri.

quote:

Gas prices started rising at the end of 2020 (Mid-December), but were rising in earnest by LAST February! By the end of June 2021, Gas Prices had increased by 40%! Gas prices have been steadily increasing ever since POTATUS has been in charge...And then everything goes off the rails last week!

I'm quite aware of that. The Biden stickers have been around since spring/summer of 2021 and I have a memory unlike what the administration and MSM would like to believe.

PS Biden has been seen all over Delaware and Scranton putting a bunch of these stickers on gas pumps. He's trying to win the information war.



PPS, actually found that at work in ultra leftist Loudoun County. You know you done fucked up when your own people hate you.

Gas prices started going up not long after president potato was inaugurated. By my house, gas was $1.62/gallon the day Trump left the White House. The price had already more than doubled by December to $3.29/gallon. It’s $4.29 today.

https://www.msn.com/en-us/news...ices-soar/ar-AAUNoYp

We were warned months ago about gas prices going up to $7, $8, $9.

81 million voters did that. And you will like it.

Gas prices in the US have been on an upward trajectory every since they bottomed out in May 2020.

quote:

Originally posted by erikras:
Gas prices in the US have been on an upward trajectory every since they bottomed out in May 2020.

The difference being that 6/20-1/21 was a reversion to the mean where as 1/21 on was a direct result of policy decisions.

quote:

Originally posted by erikras:
Gas prices in the US have been on an upward trajectory every since they bottomed out in May 2020.

Go look at the historical price chart. They began to skyrocket after Bidet took over.
https://www.eia.gov/dnav/pet/h...epm0_pte_nus_dpg&f=m

Biden is such a liar and a fool when it comes to his energy policy. When he stopped the completion of the Keystone Pipeline, one of his reason was because "oil pollutes." No, I don't have a link, but I damn well know he said that because I heard him say it. He and Obama made sure it would not be available, and now that we need it, he and his former boss are entirely responsible.

He talks about 9,000 oil leases the "oil companies" are not utilizing. What the hell is he talking about? Where did those figures come from? He and his Wall Street cronies like Larry Fink, CEO of Blackrock, have been undermining investments in oil and gas for quite a while now. All their talk about renewable energy rings pretty hollow now. This country sure as hell deserves better, and maybe enough people will wake up this year and wreck the majority the Democrats have in the House and Senate. They damn well better.