General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe price of gas is really skyrocketing. A .30 jump since Friday.
what in the world is going on?
Sophia4
(3,515 posts)We may never learn all the facts.
But Trump is close to countries that produce oil and gas like Saudi Arabia and probably Russia. He is extremely anti-environment and pro-coal and fossil fuels.
And gas prices go up when investment and interest in alternative energy are pushed down by private and government policies.
That's my opinion. I could be wrong, but I have always suspected that Trump's support is from the fossil fuel sector and that his very presence at the helm in D.C. is viewed by that sector as a reason to liberate their greed.
Anyway, if the high gas prices push down consumption, the joke is on the fossil fuel fanatics. So be it.
democratisphere
(17,235 posts)given to the masses. The cost of existing continues to climb each day with no relief in site. The wealthiest fossil fuel investors want your tax cut too!
rsdsharp
(9,202 posts)when it jumped to $2.64. Yesterday it went up to $2.75.
CatWoman
(79,302 posts)Sherman A1
(38,958 posts)and is expected to increase.
bluestarone
(17,037 posts)Maybe this will piss people off, if it continues thru 2018? (not holding my breath tho) Dems need to rally on this point!!!!
Zoonart
(11,879 posts)by Memorial Day.
ChubbyStar
(3,191 posts)I'm in NY and that price will not be far behind.
We drive a lot. The family is pretty far flung and this is going to pinch the ole wallet this summer.
packman
(16,296 posts)After all, you all got that pay raise recently - I read about it somewhere. Now you can afford that gasoline increase, might have to cut back a bit on food and heating, but that just makes you better people accounting for all that there extra pennies you be getting.
Gasoline went from $2.27 to $2.76 in one week in our neck of the woods (NW Florida)
asiliveandbreathe
(8,203 posts)couldn't get over $.09 a gallon for gas...a more current peek at gas prices round the world - at link...
https://www.globalpetrolprices.com/Saudi-Arabia/gasoline_prices/
Also the Saudis are weaning themselves off oil for future economic reasons..thus, now, they look for $80-$90 a barrel of crude....good read at link from 12/17
https://www.bloomberg.com/news/articles/2017-12-11/saudis-are-said-to-plan-80-gasoline-price-increase-in-January
In AZ this time of year we switch to a summer blend of gas which "they" say costs more for refining...$2.56 - I check gasbuddy for least expensive gas..plus use gas credits from grocery store..CA is now hovering around $3 or more..you can check all states at link....
https://www.gasbuddy.com/GasPrices/Arizona
Now, aren't you glad you asked????
Scurrilous
(38,687 posts)That's what's going on.
Achilleaze
(15,543 posts)every time - always republicans, always screwing Americans. Sad.
hexola
(4,835 posts)We have a big tax - which despite being Corbett-era, I'm actually ok with.
Theses taxes were applied at the exact perfect time - when gas prices were falling...so the tax increases weren't too painful.
RandiFan1290
(6,244 posts)after corporate tax cuts and deregulation?
Atman
(31,464 posts)The Saudis don't care about making Trump look good. Eff him. The Banksters are profit-taking on Wall Street, and now the oil producers are profit-taking. Why should they help him look good?