How long before gas goes to 4-5 a gallon?

Yeah it is worrisome and very regressive on the working class. I remember how some of my coworkers were cussing W Bush in 2006-7 or whenever that was.

hislegacy said:

Joe made a number of decisions that imho will result in the increase in gas prices to Obama era levels.

curious as to your opinion.

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Biden begins the end of fracking and destroys Keystone and 20,000 jobs. I really miss Trump already!

Biden begins the end of fracking and destroys Keystone and 20,000 jobs

Danthemailman said:

destroys Keystone

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I'm good with that. Too much environmental impact!

We need greener energy sources and to start getting rid of our dependence on oil.

hislegacy said:

Joe made a number of decisions that imho will result in the increase in gas prices to Obama era levels.

curious as to your opinion.

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It may never happen. With the increasing uptake of EV's, "gas" (pedant alert: it's a liquid) will become increasingly irrelevant for transportation needs. Oil is still needed for an array of chemicals, lubrication oils and plastics. So refining will not stop. Oh, and I understand that early Americans called it "gas" because they could not spell petrol.

Our gas prices have already upped about 20 to 30 cents over the last 3 weeks, they knew what was coming.

It will be interesting, in the millennium what will be used to produce power.

hislegacy said:

ALL pictures from August 2015

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Who's?

I don't know what state you were in, but here in Florida it was an average of $2.34.

I remember gas being nearly 5 in my area during the recession. 4 is the highest I've seen in a long time. Who knows man . I don't really pay attention to gas as I don't really go far.

hislegacy said:

Joe made a number of decisions that imho will result in the increase in gas prices to Obama era levels.

curious as to your opinion.

Click to expand...

I literally never think or worry about gas prices. But I imagine they will go up in the short term then back down as demand lessens.

hislegacy said:

Snopes - LOL

ALL pictures from August 2015

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What do you think those photos prove and what did snopes get wrong? There are detailed citations for the numbers given.

I think there will be a trend to raise taxes on gas, both federal and state. Demand and prices are down because of Covid, so it is a good time to raise the taxes without too many people noticing or complaining. It's unfortunate, because gas taxes are very regressive. This will hurt the working poor the most.

hislegacy said:

Negative gas prices began to drop as the previous administration started making changes. - the ones Joe just reversed.

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Yes, there might be other drivers besides taxes that raise the gas price. I'm not real knowledgeable on that. But I do see a trend in my state and federally to raise the gas tax. So maybe there are multiple factors that will lead to higher prices.

jacks said:

Yes, there might be other drivers besides taxes that raise the gas price. I'm not real knowledgeable on that. But I do see a trend in my state and federally to raise the gas tax. So maybe there are multiple factors that will lead to higher prices.

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There are. Like OPEC saying they will cut production. That usually drives prices up on gas as barrels of oil becomes more expensive.

Isilwen said:

There are. Like OPEC saying they will cut production. That usually drives prices up on gas as barrels of oil becomes more expensive.

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Don't you love how these folks think the President runs every little aspect of our lives? I think I'm blaming #45 for my constipation over the last year. Oh, and my A1C has been going up UNTIL two weeks after Biden was declared the winner, it dropped by a full point. Go JOE!

hislegacy said:

Joe made a number of decisions that imho will result in the increase in gas prices to Obama era levels.

curious as to your opinion.

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What decisions are those?

Isilwen said:

Did US Gas Prices Average $5 Per Gallon Under Obama and Biden?

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They were over $4 and then, if we add the usual inflationary effect, the question doesn't seem unrealistic.