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Society & Politics
1 mo

Do you think most Americans realize that it will be quite a while before gas prices come down after this ceasefire?

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Do you think most Americans realize that it will be quite a while before gas prices come down after this ceasefire?

https://www.businessinsider.com/trump-iran-ceasefire-energy-gas-price-wti-crude-supply-hormuzs-2026-4

Do you think most Americans realize that it will be quite a while before gas prices come down after this ceasefire?
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Most Helpful Opinions

  • permanentem
    permanentem Follow
    Xper 5 Age: 49
    1 mo

    There is no reason why they wouldn't continue to fall. Production is expanding faster than consumption this year (and next year) and Middle East nations have filled their storage during the supply shock which they will be forced to dump in order to continue production. Additionally, if the ceasefire holds, oil sanctions on Iran will be reduced or removed for the new regime putting a lot more oil on the market. Additionally, sanctions on Russian oil have also been eased. More oil available, means more competition to sell driving prices lower. While there is a lag period of 2-4 weeks from crude oil price drops to gasoline price drops due to transport time of crude, refinery batch time, and transport time of refined fuels to retailers, prices should drop beneath prewar prices in the near future and stay much lower in the future due to what America has accomplished under Trump's leadership.

    3
    0 Reply

Most Helpful Opinions

  • Texaskid1
    Texaskid1 Follow
    Guru Age: 49
    1 mo
    1K opinions shared on Society & Politics topic.

    I bet it will be $200 a barrel by May.

    Will all be getting second mortgages just to drive to work.

    0
    1 Reply
    • MrChinaski
      MrChinaski
      1 mo

      Nah. The TACO trade is on. Trump's tired of watching is approval ratings bomb. Iran's going to walk away with a new massive source of revenue tolling Hormuz and will merrily set about building the bomb, since the ability to build the bomb has proved insufficient deterrent. And for the US? The winningest win in the winning history of winning wins.

      Reply
  • katiesmuff
    katiesmuff Follow
    Master Age: 42 , mho 48%
    1 mo
    1.5K opinions shared on Society & Politics topic.

    Of course it will as the Billionaire Oil Maggots didn't become billionaires without fucking everyone else. That isn't going to stop now.

    0
    0 Reply
  • Unycorn
    Unycorn Follow
    Xper 7 Age: 45 , mho 39%
    1 mo

    The price in Germany in my area was cheap for this times.

    2.039 Euro per liter for gas Super E10

    1
    5 Reply
    • Unycorn
      Unycorn
      1 mo

      People die that is the reason why I don't complain to pay 5 Euro or 10 Euro more than before at the gas Station.

      Sure it is money. So less sweets, meat or any other luxury goods and I won't have a problem. To me I'd rather pay before I live in a country with war. Sad but true.

      Reply
    • strateguy632
      strateguy632
      1 mo

      But german price was $9? $2.35 now? That is very fast change!

      Reply
    • strateguy632
      strateguy632
      1 mo

      Ah you said per liter! Okay still increased but slower increased. And slower than Malaysia.

      Reply
    • Unycorn
      Unycorn
      1 mo

      @strateguy632 No I mean I paid for my complete bill maybe 10 Euro more than before.

      Reply
    • Tarifa
      Tarifa
      1 mo

      To put this in perspective, and without knowing the exact conversion from liters to gallons, around the start of the year, you could fill up a 50 liter gas tank (regular car tank capacity) for 55 euros. That's over 64 dollars. Just before the war started, it was already 70 euros or 82 dollars. I filled up yesterday : 94 euros or 110 dollars. That's a massive increase. Everyone knows how far a full tank of gas will take you before you have to fill up again. Four times a month is a good chunk out of our wages.

      Reply
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What Girls & Guys Said

1

Opinion

19

Opinion

  • exitseven
    exitseven Follow
    Master Age: 55
    1 mo
    26.4K opinions shared on Society & Politics topic.

    Yes, as soon as thy see on TV that the price of crude has gone up thy run right out and jack up the prices of gas. The same is never true once it goes back down.

    It took 30 days for gas prices to go up a little more than a dollar a gallon and it will take a year before it is back where it was,

    0
    0 Reply
  • strateguy632
    strateguy632 Follow
    Master Age: 50 , mho 34%
    1 mo
    4.1K opinions shared on Society & Politics topic.

    Really? The ceasefire is not even one day and you PREDICT fear. Well luckily we see the increased became SLOWER already! In just a few hours. Gas price was only $0.01 more since yesterday so the increase ALREADY SLOWED.

    0
    0 Reply
  • FunkyMonkee
    FunkyMonkee Follow
    Master Age: 58
    1 mo
    8.6K opinions shared on Society & Politics topic.

    I don't see why! We've got enough oil right and in Alaska to keep us in gas for the next 600 years! Then, we're getting loads more from Venezuela! Tell them Opeccers to drink their oil!!

    1
    0 Reply
  • ohsheeT
    ohsheeT Follow
    Master Age: 41 , mho 62%
    1 mo
    1.1K opinions shared on Society & Politics topic.

    It's not meant to go down people need to understand
    This is not something that just happened.

    It is a bigger agenda that is in play

    0
    0 Reply
  • AviatorTom
    AviatorTom Follow
    Master Age: 59
    1 mo
    6.2K opinions shared on Society & Politics topic.

    Probably not. Gas prices rise in summer anyway, as demand increases when people take vacations after school is out.

    0
    0 Reply
  • slatyb
    slatyb Follow
    Master Age: 52
    1 mo
    6.4K opinions shared on Society & Politics topic.

    Most? Probably a majority do, we're not all stupid.

    0
    2 Reply
    • Anonymous
      Asker
      1 mo

      Majority means "most." Majority are FUCKING IDIOTS!!!

      Reply
    • slatyb
      slatyb
      1 mo

      We´ll soon find out if it´s permanent.

      Reply
  • Dargil
    Dargil Follow
    Master Age: 35
    1 mo
    12K opinions shared on Society & Politics topic.

    Oral will violate the ceasefire and the war will resume.

    0
    0 Reply
  • Massageman
    Massageman Follow
    Master Age: 74
    1 mo
    4K opinions shared on Society & Politics topic.

    Only because the oil companies will keep them up as long as possible.

    0
    0 Reply
  • Pterodon
    Pterodon Follow
    Guru Age: 64
    1 mo
    4.1K opinions shared on Society & Politics topic.

    Don’t care and neither do you. Remember bidens inflation?

    2
    0 Reply
  • ABC1x1x
    ABC1x1x Follow
    Xper 5 Age: 44
    1 mo

    Gas was 1.99 at Sam's club in Katy Texas. Cheaper than it's been in 10 years.

    0
    2 Reply
    • Anonymous
      Asker
      1 mo

      Definitely not representative of the rest of the country... not even close!!!

      Reply
    • ABC1x1x
      ABC1x1x
      1 mo

      The rest of the country should vote for more Republicans. Then they would be close.

      Reply
  • Mike_Hum
    Mike_Hum Follow
    Xper 7 Age: 54
    1 mo
    1.1K opinions shared on Society & Politics topic.

    Yes, we're used to being gouged on the way up but never helped on the way down.

    0
    0 Reply
  • Twalli
    Twalli Follow
    Master Age: 35
    1 mo
    3.9K opinions shared on Society & Politics topic.

    I'm not even sure the ceasefire will last long enough for gas prices to decrease.

    0
    0 Reply
  • CyberGhost615
    CyberGhost615 Follow
    Xper 1 Age: 34
    1 mo

    No they won’t. They’re too stupid to realize Trump can’t pull America out of NATO.

    0
    0 Reply
  • nomomrnice
    nomomrnice Follow
    Xper 1 Age: 23
    1 mo

    Where I'm at they're already at $5 a galon

    0
    0 Reply
  • loveslongnails
    loveslongnails Follow
    Master Age: 40
    1 mo
    5.9K opinions shared on Society & Politics topic.

    Of course not. Why would it? LOL

    0
    0 Reply
  • Anonymous
    Anonymous
    (36-45)
    1 mo

    It was still way higher under Biden.

    0
    1 Reply
    • Anonymous
      Asker
      1 mo

      Just wait...

      Reply
  • Jeff51
    Jeff51 Follow
    Yoda Age: 52
    1 mo
    447 opinions shared on Society & Politics topic.

    It won't till war is over.

    0
    0 Reply
  • KostasKouvalis
    KostasKouvalis Follow
    Master Age: 27
    1 mo
    5K opinions shared on Society & Politics topic.

    . NO.

    0
    0 Reply
  • Anonymous
    Anonymous
    (25-29)
    1 mo

    Prices never fall

    0
    0 Reply
  • Anonymous
    Anonymous
    (30-35)
    1 mo

    No big deal.

    3
    4 Reply
    • Anonymous
      Asker
      1 mo

      Hilarious!!! 😂🤣😂😂

      Reply
    • Anonymous
      Opinion Owner
      1 mo

      Adapt, improvise and overcome. Gas has been higher and you seemed to survive. Or are you attempting to play the orange man bad card and this is the best you got?

      Reply
    • Anonymous
      Asker
      1 mo

      Don't recall you praising Biden when prices were higher! Did I miss something?

      Reply
    • Anonymous
      Opinion Owner
      1 mo

      You have a bad memory.

      Reply
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