California Town Charging Nearly $8 a Gallon For Gas as Prices Hit 7-Year-High Across U.S.

Biden has nothing to do with the global supply of oil

there is no shortage of oil in the USA

if you want energy independence, make US oil it's own exchange

then ban exports when prices rise too high

that would give the government some say in oil prices

 

Yes that plays a part in it as well, but what has Biden done to foster good will towards a very important industry that can effect our economy drastically?

When he came in did he make good with them? Or did he make enemies of them? Did Trump have a better relationship with them? Or a worse one?



Walk me through this...which of the two is more likely to have been in a situation to foster an agreement to get them to increase production?

If you remember your idiot's rhetoric, we would all be getting paid handsomely to work on green energy by now...how's that pipe dream working out?

 

what do you think he should do?

Biden does not have the votes for build back better

that said, unless green energy was business run by the government, corps would just outsource it - so the only jobs it would create here is installation

 

I think he should get on the phone to Trump and ask for help. Because sir, Biden can't cut it.

Me? I'd probably try dangling the pipeline as a carrot to the gas companies to start.

 

how is Trump gonna help, Trump wanted higher prices, Trump is pleased with the higher prices, US oil companies are pleased with the higher prices

the Canadian oil still gets here by truck, eliminating those jobs is not a good option and would not help anyways

doesn't the right want truckers to have jobs?

 

Trump wanted higher oil prices at a time our domestic companies needed help and were filing bankruptcy going out of business and causing huge layoffs. That was back when oil was 20 bucks a barrel. Again. If you keep bringing that up like it's suppose to mean anything towards today's climate you are being willfully disingenuous and discussing things in bad faith.

The entire moral of that story was his ability to get OPEC to do his will to protect our domestic oil companies, where Biden can't even get OPEC on the phone.

The next time you bring that up like it is a point to anything valid, I'm simply going to ignore it. Get back to reality and the mess your voting choice has caused.

 

US oil companies were not gonna go bk, they just did not want us to have such cheap gas, neither did Trump

 

Wut?

I can't tell if you are being willfully ignorant or sincerely ignorant.

https://www.ogv.energy/news-item/over-100-oil-and-gas-companies-went-bankrupt-in-2020
https://wolfstreet.com/2020/07/10/t...ares-collapsed-prices-of-oil-and-natural-gas/
https://www.reuters.com/article/us-usa-shale-bankruptcy-graphic-idUSKBN26M7EM

So demand was down and OPEC was having a price war with Russia, trying to put their companies out of business by continuing to flood the market with oil. Trump came in and told them to knock it off and they listened. We needed production cut drastically at that point in time. To suggest that it would be the same strategy right now in the face of our economy turning to **** is disingenuous. For the love of god, the entire motivation for Trump to do that was to protect American interests. (something Biden is incapable of).

 

if any company went bk that soon after covid started, they were probably just shedding debt and started again - just using Covid as an excuse

that is why oil companies do not save for a rainy day

so Republican wanted to punish consumers with high gas prices, and it did not even save those oil companies.... Sad!

it's funny how the right says Trump did not raise oil prices, but then give excuses why he raised oil prices

 

The real pain has just begin. The latest mortgage rate I've seen was 5 % last Friday. My daughter is in that business and people are scrambling to refinance old loans, lock in rates on new ones and the 40 yr mortgage is again being offered. Those adjustable rate mortgages will be putting a lot of stress on people shortly. Renters and young first time buyers will be locked out of the market. Sellers who want to sell their homes will be forced to drop their prices but will be reluctant to do so because buying up will be too costly on account of supply and demand. Renters will be the next generation of people on the "poverty edge". All food items are 8% to 13 % higher with the meat departments in your local supermarket charging a admission fee so you can look at finely wrapped packages of unaffordable pollo, bovine and pork belly products. Extra admission if you wish to tour the seafood extravaganza of crustaceans. One wholesale place I went too let you buy some of of these items at a reduced price like King Crab Legs for $67.00 a pound. I bought a block of bologna.

 

Your point has a lot of merit though another part of the problem in CA., and adding insult to injury, is a .51 gas excise tax per gallon. It's little wonder as to why many are moving out of this state in droves...

 

Funny that you brought this up. I was filling up just yesterday and for the first time I checked out the taxes. In addition to the Fed. taxes, there's also State (and another which I don't remember) adding up to about 75 cents a gallon. That adds up. Whatever will the Government do if we ever switch over to EV? Charge us tax on each kilowatt we use.

 

That is one of the most remote areas of CA. They always have sky-high gas prices due to delivery costs.

The national average is $4.10 per gallon
California average is $5.70
https://gasprices.aaa.com/?state=CA


But it is true that Americans will have to suck it up OR pay homage to a cold-blooded killer. Easy choice.

 

So many people like me have solar but how'd that work out for them? Pacific Gas and Electric keeps raising their rates which wipes out a lot of the savings. Of course the state will figure out a way to get their cut. CA. wants everyone to be driving EVs by 2035. The shameless Gougers will come up with something, trust me.

 

I have very little faith in the way the Biden administration is approaching this. It's almost like they are cutting off an arm to take care of a splinter in the thumb. Why can't they focus on making gas more climate friendly?

 

Seriously? They're too caught up in the political narrative that they know what's best for the unwashed masses. The planet, the planet!

I wouldn't be surprised Obama is pushing the lunacy.-Keep raising the gas prices until we get every last moron out of their gas guzzlers.

 

This will only hurt the ones they claim to be social warriors for -- the poor.

 

Precisely why some from the minority groups, (Hispanics and Blacks) are abandoning the Democratic Party. It's always been about the economy!

 

why do you feed the troll?

This is all at the feet of Democrat voters who brought on this train wreck.

 

There are several thousand leases that are not being developed. This is due to the lawsuits filed by environmental groups making it difficult to commit the funds to open them. Tell Biden to call off the environmentalists.

 

the CEO and Execs already admit why they are not increasing production.... profits

these high prices are great for oil companies, just like Trump said they would be when he was trying to raise prices

 

I'm in CA for work right now and its pretty bad. I havn't seen $8 yet, but I'm sure as hell glad the company is paying it and not me.

Though my boss hasn't started bitching about it yet, so it must still be cheaper here than Canada.

 

You want to say that only in California the price of gasoline has increased? Are the rest of the states doing well?

 

No, I didn't say that.
I'm discussing CA. because the thread topic is about CA.
If you want to talk about other states, perhaps you'd like to make a new thread?

 

Gas prices aren't at the top of the list, but it is indicative of the higher costs of living overall in CA, and that's mostly due to supply and demand. It's a crowded, wealthy, popular state, especially in certain regions along the coast.