What do you think the price of gas will be in 2024 after bidens term is up?

[Debbie14217]

[razelove]

I don't think the price will be as relevant as if you can even obtain it. I'm seeing gas lines in the near future, if they aren't already happening in some regions. It's already starting with diesel if I remember right.

Even if today he reversed policy and had a hard push for oil and gas extraction, distillation, and exploration, it would take a couple years to get the employees and momentum back to even match production a year ago. Set aside that most of the major oil and gas companies are international, and talent is what they need most. They aren't laying off their higher ups but relocating them to other projects. Would they really want to move back to the US after just settling down in another country in a new, stable role?

So part of the impetus would be cultivating new talents over years as well. Production would continue to drop, maybe plateau in a few months, and take a long time to recover. Also what is their motivation for increasing production in the US? There is a situation now where they can raise the prices for their services dramatically due to an artificially created shortage. If it was my company, I'd take advantage of it and reap the profit. If production could be restored, losing the shortage means the price would drop... which does not help my bottom line. All they need to do is talk to exporters to the US and make sure their prices are roughly the same, or increasing at the same rate to maintain the balance of prices never dropping.

[abc3643]

I wouldn't worry about it since more and more people will be driving electric cars. I feel sorry for you people who are so young that you have no idea what inflation is. Those of us who are considerably older than you live through this more than 40 years ago. We understand what is necessary to slaughter inflation. It's painful but it's worth it. So don't worry too much about the price of gas. Yes it sucks that it's so high, but actually it's forcing us to move into the future faster than we have been because of the Republicans over the past 40 years.

[Smashingdoozy]

Ma'am gas prices are up around the entire world. It has nothing to do with the president of the USA and everything to do with oh I don't know a pandemic and a fucking war.

[Amy10223]

Depending on the war in Ukraine, the same or worse.

[normalice]

It depends. Gas is really just being held hostage at the moment. Big oil is basically saying "give us back our republicans or we'll keep raising prices." There is merit to just giving them what they want but also merit in standing up to them. EVs are our best bet for standing up to them but they will take a while..

[BeMuse]

His time on stage is up before that... That said the cabal is still trying o attack...

https://thehill.com/policy/energy-environment/3485545-biden-administration-cancels-oil-and-gas-lease-sales-in-alaska-gulf-of-mexico/

[FunkyMonkee]

Once weer get the pipeline open and flowing again, it'll drop back down to $1.89 a gallon, like we had to before Joe cheated and severely fucked up the entire planet!! If Don gets back in, it might even continue to drop and we just might even get it to go back to what it was when I was a kid: 25 cents a gallon!!

[goaded]

I don't know, but I know the price of crude oil is about the same as it was from 2009-2014, but the price of fuel is much higher. I can't see any reason for that other than corporations taking massive profits and blaming the government and inflation for them. Supported by a political party.

[PinkMichae]

As long as he keeps canceling oil contracts it will probably have a national average of $6.50/gallon. Maybe even $7/gal.

[CrazyGirl2]

I honestly have NO idea…I guess it depends on who replaces him. Also, my crystal ball is at the dry-cleaners today, sorry.

[jennifer_bloom]

Somebody said on the news they would simply go electric to save on gas bills.

[Still-alive]

No one can predict that. But i do see more and more people choosing electric and hybrid vehicles over gasoline ones trending more upward. So less people will depend on gas to get from A-B

[IsoUser]

I've been through it three times before. I really don't care. The president released strategic reserves and why on God's earth are we buying oil from God Dammed Communists? Lmao

[one1wild00]

Won't depend so much on Biden it'' depend on Russia, the Ukrane, and the middle east and if we are in the middle ow WWIII

[OddBeMe]

Oil barrel prices have normalized a bit. We’re just waiting for gas stations to recoup their losses.

[Aerissa_Jade]

At least twice what it was when he took office.

[AFretiredTXn]

No. 1. Biden's current term is up in 2024. But the gas price has nothing to do with JUST Biden.

[Agagagagaga]

No of course not. His hands are as clean as a choir boy’s at Sunday mass.

Give me a break.

[AFretiredTXn]

@Agagagagaga you need a break, The gas problem was not caused by one person.

[Agagagagaga]

He’s a terrible president. He has quite a lot of culpability in this. And you know it. We all know it.

[XXblack88]

I don't know just depends who takes office

[Dargil]

Biden will be out before 2024.

[boobliker]

more than we can afford to pay.

[QuietRunner]

$27.50

[Debbie14217]

You could be right lol

[QuietRunner]

thanks

I hope not though

[msc545]

The same or more than it is now.

[Snakeyes7]

I'd say the average might end at around $5.50

[saffoler]

$57/gallon.

[exitseven]

6 bucks a gallon.

[Agagagagaga]

That’s what I was thinking too, somewhere around six bucks national average.

[jamesgoldman]

At least $20

[motownplayer2000]

Doesn’t matter

[fireforeffect]

$17.50