Depends on region. One thing that will become more expensive in the very near future is logistics. Most oil is processed in Texas and Louisiana. Our logistics are simple, low to no fuel costs, especially around Shreveport, though they may tax more to combat the crime wave there.
For logistics the diesel and jet fuel shortage needs to be addressed, you know, for preventing our country from collapsing completely. That means more of the limited oil we buy and are producing moving to fractional distillation towers and not towards crackers.
Diesel and jet fuel are nearly identical with the difference being jet fuel still has a high sulphur content, because of the EPA diesel has a low sulphur content. You could put jet fuel in a diesel and drive it. You'd just have to disconnect all EPA sensors in the exhaust, and change to straight pipe rather than exhaust cleaning fluids, catalytic converter, whatever.
You can't put diesel in a gas engine. You can crack diesel into gas though. Diesel is a 12-20 carbon chain, gas is 4-12. You will still get gasoline from oil through fractional distillation. The amount will not be nearly as much depending on the type of oil unless it is cracked.
Less oil also means less drugs and plastics. A conservative estimate is that gas prices will at least double over the next year barring any policy changes. We have huge amounts of oil in the gulf of mexico, Biden cancelled all extraction, drilling, and exploration. This guy has a good explanation and optics, but bear in mind that industrial distillation columns are made of steel, very large, very efficient, and feed into further processes for filtering, further processing, etc. Also the H2S removal at the beginning. That's a scary chemical, you detect it, you're already dead.
It's overdue that America would fucking crumble like the Soviet Union. You've been as bad as the Soviet Union for years.
That you elected a fuckwit like Trump, is very telling of the dangerous direction America is taking. Biden can't do much to fix such a nation of retards.
America is already like one of the leading countries In low emission. Greta thunebrrg or whatever needs to leave us alone and go yo china and Saudi Arabia and shit. And Biden needs to start letting us drill our own fucking oil. So we aren’t getting bent over by Venezuela or Russia and we need to stop giving away money we don’t actually have to Ukraine while our border is open and inflation keeps draining our banks and 401ks and the stock market plummets causing. We can’t afford their war. And if we keep it up we won’t have any weapons or money left if Putin freaks out decides we helped too much and go nuclear on us. Fuckin Brandon how is this retard still on this green new deal building back better bullshit. He needs to get his own house in order before expanding his shit agenda.
I hope not. It's good that I can work from home and don't have to drive to work every day. It might result in the rationing of gas like they did in the 70's. You could only buy gas on odd or even days where your license plate number was either odd or even. Plus I heard that they limited the amount your could buy too.
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If someone was raising the price of gas illegally and it was way too high, I would get my gas where it's cheaper.
No, we'll just convert to liters so we can keep the single digits.
My dad said that when Jimmy was president, gas stations could only sell a certain amount of gas per day. After that, they shut off the pumps.
Also, being able to buy gas was based off of your license plate. You could only buy gas every other day.
We're sitting on a 500 year supply of oil, but Jo Jo the clown is doing his best to destroy the country. But at least he doesn't Tweet.
Are you talking about Washington DC or Washington state?
Hmm. I had forgotten that during the second energy crisis in 1979, which was brought on by the Iranian Revolution in 1979, gas pumps were not able to list a price higher than 99-9/10 cents per gallon. Nothing was digital, so in addition to new faceplates, mechanic changes had to be made to the pumps so that they could read $1.00+ per gallon.
Under Trump gas was cheaper because he opened up drilling on federal lands. Meaning the US was over producing oil and gas to were they could export it.
One of the first things Biden did once in office was to shutdown drilling on federal lands. So that plus other factors started to cause the price to go up. As the US once again had to import it from other countries.
Yes. If the initial shock of the sanctions that backfired on the West don’t send it above $10/gal, accelerated de-dollarization that is in progress because of our theft of Afghanistani and Russian foreign reserves will send prices there sooner or later.
We knew Biden couldn't win without cheating and look what happened to that mess!
Instead of changing out their signs, they could switch to quarts or liters.
It was strange being in Canada years ago and seeing gas stations with signs saying 0.41 and 0.42: that was per liter.
Give it a year you'll look back on this as the good ole times
Jesus Chris and I thought we were hit hard by Biden prices here in Colorado. I guess we're actually lucky.
Probably. There is no serious attempt whatsoever to reduce the cost of gas in the US, so the more expensive parts of the country will plausibly break $10.00/gallon
I doubt it, but it might. Back in the late 70s, they had to change all the gas pumps when the cost per gallon exceeded one dollar.
Sooner or later it will prices has always gone up. So it's a safe bet.
of course it will. we're not at the end of the inflation.
it isn't the president. its the banks and oil companies taking advantage of a situation. they will raise the price anytime it profits them. give them an excuse up it goes.
Of course it'll happen. The petrol supply is shrinking and the dollar is inflating.
Every empire's gotta end sometime. 🤷♂️
Anything is possible but I doubt that during this term
Yep. It's the nature of relying on a non renewable for everything. Covid just have us a free preview.
With price controls this is what you will see
I hope not. Wouldn't surprise me though. It's already around $6 thanks to democrats and that loser biden.
Not an opinion. It's true. That the did anything to the machine no. They are just giving you a heads up on what they are gonna charge you.
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