5 dollars for a gallon of gas

Article popped up on Google saying it could be possible this summer.

I think they say that every summer.

Ouch

I think it's been that price out in Kalifornia for quite a while.

Its gouging the public.
See the gas prices jump up every long weekend and holiday when they know everyone will be buying.

I’d pay it up to Nov then I’d start complaining.

Maybe Demented Joe should quit selling our reserves to China like he did last year.

Another reason to vote j I'm out.

Still in the $2.90s here. Which is more expensive to refine- the summer or winter blend?

They raised gas here because of the eclipse.

Keith

Mando welcome to Canada, our gas has been 5$ a US gallon size for some time.
Ever wonder why they got ride of pennies in Canada.

Cause gas stations always put 0.9 cents on their last figure, if it was a penny they could not charge it.

Orange man bad will be Biden answer to this lol

$4.09 at Costco in Fairbanks right now so I would not be surprised to see it closer to $5 by summer.

Paid around 3.50$ a gallon here today, had to put 23 gallons in the truck, that one stung a bit.

Gas goes up every spring when people start taking vacations. goes down after xmas

Shortage of summer additive

The article said summer. Not current.

Not sure about other locations/areas of the US but gas prices have always gone up in the summer/tourist season.

$4 plus here. Probably be five by November.

Ted

4.49.......

A dollar more than last fall here. Good thing I got rich on beaver plews this winter.

Not 5 bucks. That was only 1 year if I remember.

They probably will double the price and start closing Gas Stations. Force you to go Electric

Or buying it from other countries when we have enough on our soil to be energy independent.

Like a broken record.

Man I'd love to see 5 dollar gas !

www.gasbuddy.com

The way the powers to be want u to quit gas and go electric . If u think about it its not far fetched

Everyone benefits from a basic economics class. Demand rises and, unless supply increases, prices will rise. It is a lot easier, and more fun, to just complain about than to actually understand what is happening.

I wish you all would switch to electric, then the price gas would go down.

Rrrrrriiiiiigggghhhhhht.

$4.59 for regular as of 3 days ago. Bet its higher now. My brother lives in Central Oregon he said there's a few days ago was $4.69

It's not just summer demand. There is quite a bit of unrest on the other side of the pond which some of you have hears about.
I know they haven't slowed down on drilling in ND. New pad 1/2 mile to the southeast. Fracking new wells a mile to the west.
$5.00 a gallon would be a great price in Nome.

US oil production has dropped recently, can't keep stopping new leases and expect production to stay the same let alone increase.

Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global record of 12.3 million b/d, set in 2019. Average monthly U.S. crude oil production established a monthly record high in December 2023 at more than 13.3 million b/d.Mar 11, 2024

United States produces more crude oil than any country, ever

U.S. Energy Information Administration (EIA) (.gov)
https://www.eia.gov › todayinenergy › detail

U.S. oil production is expected to grow by 260,000 barrels per day (bpd) this year, to a record 13.19 million bpd, but far behind the over 1 million bpd of growth it saw between 2022 and 2023, according to the U.S. Energy Information Administration.2 days ago

Despite $90 crude, US oil output capped by weak natgas prices

Reuters

Be happy you don't live on the left coast. Around here it's about as close to $5 a gallon as you can get, at most gas stations. The Indian reservation stations are selling it for about 50 cent cheaper. The only good news is that diesel is now about 20 cents cheaper than gas.

$9.40 a gln here. Biden voters, so I guess it was what they wanted.

Here is an interesting video on that topic. Very informative , a bit long 14:56 but explains it in a way to make it easy to understand.

Same story different day. Let other countries produce what we consume no worries about emissions, even though its all the same atmosphere. Make the woke people. (who are really asleep and dreaming) all happy.

Between high gas and high food costs, I don’t know how some families are making it.
Jim

Be thankful the value of the dollar is staying high relative to other currencies or the price of gas would get real sporty

Not if you and ya our wife both commute to work, have two kids that are active in sports, you wouldn’t. I don’t give a rats backside about people’s investments, for the overall well being of this nations working class this is a painful reality that the majority have to endure. Hopefully for only another 8 months…. If you don’t travel, or have to drive daily, it is probably not an issue for that singular person. But who thinks about just themselves, right? This is just a push for “green energy”, open up our spigots here, and this problem goes away…

The point is, In some places, $5 a gallon would be a significant drop in price.

I understand that, wasn’t meant to be a shot at anyone. Just a general statement about the realities of daily life in America, or at least the vast majority of I guess. I’ve been to Alaska twice, bar none the most beautiful place on earth, but the cost of living there is considerable. Probably why it is still so pristine and not polluted with all the scum the rest of the nation is…. I will say that Anchorage seems to be filling up pretty quickly with the trash from my previous visit 20 years ago.

True

Oil production is dropping in the US and will continue to drop in the US through 2024, will not see 2023 output till 2025. Price is going up and will continue this summer till winter blend comes on line this fall. At that time the Pres. will claim his policies are working.

Oil production in the USA has not dropped. We're the number one oil producer in the world and we pumped more oil in 2023 than any country in history. 12.9 million barrels a day. So as unfriendly to the oil industry as Biden is hasn't slowed production.

Its that tiny 3.7 ltr gallon thats killing you.

So lets double the size of our gallon while keeping the price the same. Brilliant. I'm in!

4.73 here (USD for US gal)
Cheaper up south and out west.

2023 was last year,this is 2024 oil production is down.

It's down compared to last year on the increase per day but overall production is the highest it's ever been.

I live in the middle of the oil patch and it's business 24/7. The new pad to our southeast was started with snow on the ground. Two dozers spent a couple days pushing snow, then started ripping frozen ground so the scrapers could get to work.

People voted for this. He wants them to feel it.

Does the word GLOBAL mean anything to you? Oil prices aren't set by US presidents.

For oil producing countries,high prices are good.Probably means they can print more money.
Not so much for joe blow.

Last thing the oil companies want to do is overproduce, like they did in 2014 when everybody got laid off. Nice talking points though.

The US uses proxies to blow up oil refineries and that's all fine and dandy. I spill a quart of oil in my driveway and I'm expected to call DEP.

Trying to turn the world on it’s head. My family in the northern Midwest use this term too.

Did they learn their lessons from the mink ranchers?

Uphill,Upstream,Up south.
Depends on which side of the watershed you live on I guess.

The world never learns that lesson.

China and India have plans to build and continue to operate more coal fired power plants than the rest of the world combined. With the U.S. producing less carbon based power it'll be interesting to see what kind of energy shortages we have in North America in the near future. Will North America and Europe making the sacrifice in energy production of fossil fuels make a difference to global warming? Will wind and solar make up the difference for those committed to making this sacrifice? How this will affect our standard of living goes unsaid. Are we all willing to use and have less food, comfortable shelter, more expensive, less reliable transportation? Can we overcome all this and maintain a standard of living we have become accustomed to? 4x4 trucks, big homes, lights and electricity when we want it? All unanswered questions. Our government plans to end the purchase of all gas powered vehicles by 2034, how will that affect taxes?

If the Indians and Chinamen keep polluting the planets atmosphere they will have to be nuked.

Indians with a dot, or a feather ?

Policy certainly has an effect.

I can prove I voted for Biden so get a huge discount at the govm't stations.

I wouldn't do that if it meant free gas.

I sure would NEVER ADMIT it if I did!

The key question to ask is why gas was so much cheaper in 2020 and now it is so much higher since then.

What caused this doubling of gas prices comparatively?

Serious discussion here.

The gas prices were low in 2020 and the oil companies were losing their arses due to a temporary large reduction in demand in 2020. You are welcome.

Any politician who offers free gas or a substantial subsidy to the public will get in with a landslide,never mind the lame free phones.

Only on the rez,,,, or liberal strongholds

Nothing is free from the government

That was a short discussion. I must have been too serious.

Control and power is what's it's about. Nothing more. Control and limit freedom of movement, food production, defense and you control them all. Think the 15 min city's they have been dreaming about.

T-Rex is from Wisconsin, that explains a lot.

How about shutting down the Keystone pipeline, severely limiting future drilling permits on Govt. land, over regulation.........just for starters.

Agreed. People that think policy has nothing to do with it are foolish.

Covid lockdowns in 2020 caused crude oil prices to plummet, that caused some of the low gas prices.

The cost of drilling on Federal lands just went up. That will increase gas prices and add to inflation.
https://www.washingtonpost.com/climate-environment/2024/04/12/oil-drilling-federal-lands-biden/

My VW Jetta just got pulled out of the weeds and a new set of tires put on. I put 18k miles on my Tacoma last year which is about 4k in gas. I can save about 1.5k if I put my around town miles on the jetta vs the truck. Thats not adding in value saved keeping miles off the truck vs a 1000 dollar car.

I do the same. I have a Subaru Forester, gets 28-30 mpg. It sees about 22,000 miles a year. I have a 2500 Chevy, gets 13 mpg. I only drive it when I have to tow or haul something. I put about 8,000 miles a year on it. Everything on that truck costs 2-3 times what the Suby does…brakes, rotors, tires, etc.

Heard the Gubmint gave out free cheese through the USDA ?

"WASHINGTON/LONDON/DUBAI (Reuters) - As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum.
In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters.
The threat to upend a 75-year strategic alliance, which has not been previously reported, was central to the U.S. pressure campaign that led to a landmark global deal to slash oil supply as demand collapsed in the coronavirus pandemic - scoring a diplomatic victory for the White House.
Trump delivered the message to the crown prince 10 days before the announcement of production cuts. The kingdom’s de facto leader was so taken aback by the threat that he ordered his aides out of the room so he could continue the discussion in private, according to a U.S. source who was briefed on the discussion by senior administration officials.
The effort illustrated Trump’s strong desire to protect the U.S. oil industry from a historic price meltdown as governments shut down economies worldwide to fight the virus. It also reflected a telling reversal of Trump’s longstanding criticism of the oil cartel, which he has blasted for raising energy costs for Americans with supply cuts that usually lead to higher gasoline prices. Now, Trump was asking OPEC to slash output."

Certainly does if you can get Saudi Arabia to cut production to increase oil prices.

Don't forget Obama phones

Like when everyone was complaining about 4 dollar rats way back when,people will soon wish gas was only 5 dollars a gallon when the middle east war escalates.
And not only the price of gas but everything else associated with The resulting increased cost of moving trade and domestic goods.
Shelves will be empty.Even if you have money things just wont be available.
Will make the covid shortages and related inflation look like a sunday picnic.
Rural folk should fare a bit better than city folk for a while.

filled up yesterday for $2.99 at Murphy (WalMart). Every other station was $3.15. That $2.99 will not be around long.