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johnnydoom they're going to the numerous sit-down Mexican restaurants, which seem to be doing quite well since the prices are now equivalent,
I'll not step off that ledge, in any discussions, for the obvious reasons.
Gas Prices, am I right?!
Par4QC Agreed, about the weather. really nice here at 86 and some mild humidity for here (25%). Love living here.
Paid 285.9 today.
johnnydoom Wendy's and Taco Bell, used to have very long lines in the drive thru a couple of years ago and now we can pretty much just drive up and order. They're not eating inside these places either.
Many deals are only when you order through the app. I do that and usually pick it up, they have a spot that you just walk in and grab it. Many these days do the "Doordash" thing too, I prefer pickup. Part of the reason for smaller lines at the drive-thru.
Found a stretch on Rt 38 next town over that’s having a little price war…. $2.83-$2.89
johnnydoom I will add also that I supported my argument, and by default his as well, with a chart of gas prices from 2015 - 2024.
You substantiated nothing. Your chart says gasoline is down from two years ago. How many times must we review, with American citizens that the POTUS doesn't control the cost of a barrel of crude! It's a global market. So, don't duck shit with me with bullshit.
Typhoon Found a stretch on Rt 38 next town over that’s having a little price war…. $2.83-$2.89
Damn! Gas is really expensive! LOL
professor You substantiated nothing. Your chart says gasoline is down from two years ago. How many times must we review, with American citizens that the POTUS doesn't control the cost of a barrel of crude! It's a global market. So, don't duck shit with me with bullshit.
There he goes again.
professor How many times must we review, with American citizens that the POTUS doesn't control the cost of a barrel of crude!
Strange. The graph shows a strong correlation. Let's see - what is a better support for an argument? Data that shows a correlation between an administration period that entered office with a stated goal of making the U.S. energy independent, or professor's proclamation that the price of crude cannot be manipulated by the activities of the world's largest oil producer and consumer? It's not the rule of demand, but of supply and demand.
One president came in with a goal to make the U.S. energy independent, the other came in with a stated goal of transitioning to clean energy as soon as possible. One has the natural impact of reducing energy costs if implemented and the other has the natural impact of raising energy costs by utilizing less efficient (currently) means to produce cleaner energy. You and many others don't like the other consequences of cheaper energy, but that doesn't mean it can't be influenced by the U.S. president and their regulatory control of the industry just because you don't like it.
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johnnydoom
Get ready, it's coming!
What you said was absolutely perfect. You better hope you didn't use improper grammar or miss a comma or anything else or you will be called names or called stupid.
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Yipsy When range and charging times improve and cost of replacing batteries drop
They will, sooner rather than later.
Political influence is very real when it comes to energy prices. There are certainly many things that are out of political control. For instance, if Saudi Arabia and Mexico say they won't sell to U.S. companies anymore for political reasons, our prices would necessarily increase. Or if China commits to buying crude at whatever the price may be, that could drive up the costs.
But our leaders have influence over those relationships and over regulations that can buffer those things. When the price of oil shot up under G.W. Bush, it turned people very much against him. With the high prices came fracking, which increased U.S. production. Even though later politicians (Obama, Biden, and now Harris) were under considerable pressure to regulate or ban fracking from their own base, they did not do it because they were wise enough to know that fracking is a buffering agent against global prices and to remove it could be political suicide if prices quickly went back to GWB levels. They ended up not having to do anything because prices dropped back low enough to make it inefficient again.
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johnnydoom the U.S. president and their regulatory control
Didn't realize they had that control. Thought it was within the Det. of Interior, and any approvals were made by Congressional regulatory committees.(??) But I didn't do well in Civics/POD class.
As I understand it, the President can issue executive orders, pertaining to such situations, as Biden did his 1st week in office. But cannot stop or increase production. President's can only 'politely ask', as Trump did, iirc.
With all that, it was still times of differing demands creating the prices, not the Presidents(either of them).
And as we all know, if the taps were all opened, gas would be nearly free. And all the Shieks would be suicidal.
https://www.csis.org/analysis/biden-makes-sweeping-changes-oil-and-gas-policy
johnnydoom Strange. The graph shows a strong correlation.
Dude, look at the chart again and tell us all about correlations. LOL Trump elected 2016 the next 2 and 3/4 years gasoline went up. What's that mean?
Then it dropped precipitously into the pandemic. What's that mean? (A hint,, demand went way down.) First, demand really dropped. Then the supply-side slowed down because there was less need for refined oil. As demand increased so too did the price.
You think that chart reflects a direct 1 to 1 correlation? You're not understanding a small sample size, over a short period of time, not adjusted for the concomitant value of the dollar.
Do some research in economics and get back to me since you're purporting the POTUS controls the price of gasoline.
johnnydoom that doesn't mean it can't be influenced by the U.S. president and their regulatory control of the industry just because you don't like it.
So, now you're also stating that the POTUS has regulatory influence over the oil industry? That's a joke. Big Oil owns this country far mare than even Big Pharma.
Par4QC Didn't realize they had that control.
Because they don't. A very good reason to not realize that. It's simply a myth.
jsippy73 President can refuse to issue permits or make so many regulations that make it impossible to drill or do most anything.
I don't think that is true. Permits are issued under the Dept. of Interior(Land Management div.).
And here again, the President does not make the regulations, as I understand it.
And right now there are more permits out than ever in history. Many came from this administration's tenure.
When it comes down to it, you and I, control the drilling/production more than the Presidents. IYKWIM