Gas Prices

Sausage450r said:
My f350 has an effin 26 gallon tank. Worthless! You guys are giving me tank envy
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The Cheby shortbed with a 8.1 gas engine, that is worthless. It can pass anyting but a gas station.  Our friend had one towed his big Raptor 5th wheel up to Flag once.  Was getting less than 6MPG up the hill had to stop for gas like three times.

 
THD said:
I read an article a couple weeks ago that addressed all the extra regulatory requirements that the current administration have imposed on the oil industry, from pulling oil out of the ground to refining and transporting finished product. It is quite burdensome and expensive, which is the goal.

One of the requirements was lowering benchmarks where carbon credits need to purchased to offset emissions during the refining process, which is adding to the increase in price of the finished product. 

You can't compare the price of a barrel of oil to the finished product without considering the how the regulatory requirements have influenced the cost of producing that product.
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under trump the cost of carbon dioxide was $7 per ton ( the amount of carbon dioxide they release into the air) under biden it is now $51, thats a big jump in costs that is not reflected with the price per barrel, he also increased the cost of the permits by 50%. he made the whole process more expensive. but all some people can focus on is the price of a barrel of oil, that is only a part of the whole equation. 

 
I just paid $13.00 a gallon yesterday, 55 gallons, but it smells good, hope this will last me this week, 

 
jareddustin said:
under trump the cost of carbon dioxide was $7 per ton ( the amount of carbon dioxide they release into the air) under biden it is now $51, thats a big jump in costs that is not reflected with the price per barrel, he also increased the cost of the permits by 50%. he made the whole process more expensive. but all some people can focus on is the price of a barrel of oil, that is only a part of the whole equation. 
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But wait! He's not responsible for the price hike remember?!? They just keep touting that it's a cycle and no president has the ability to blahblahblablah

 
Orange_R said:
But wait! He's not responsible for the price hike remember?!? They just keep touting that it's a cycle and no president has the ability to blahblahblablah
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remember the tweet the white house sent out when the price dropped 2 cents, about how the president is working hard to lower your gas price. they know a majority of people are dumb, they did the same thing when the prices jumped up under obama.  

 
THD said:
I read an article a couple weeks ago that addressed all the extra regulatory requirements that the current administration have imposed on the oil industry, from pulling oil out of the ground to refining and transporting finished product. It is quite burdensome and expensive, which is the goal.

One of the requirements was lowering benchmarks where carbon credits need to purchased to offset emissions during the refining process, which is adding to the increase in price of the finished product. 

You can't compare the price of a barrel of oil to the finished product without considering the how the regulatory requirements have influenced the cost of producing that product.
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Can you post said article, I'm curious to see what all the extra regulatory requirements are that the current administration have imposed on the oil industry.

 
Fact is the refineries are the problem, among other things.  Virtually no refineries have been built in over 40 years, they are pushed to the max and if one goes down it f.cks up the whole supply chain.  Every President in the last 40 years is to blame for all these regulations that are causing this, Biden has not made it better.  There is no end in sight either.

 
Cookie said:
Fact is the refineries are the problem, among other things.  Virtually no refineries have been built in over 40 years, they are pushed to the max and if one goes down it f.cks up the whole supply chain.  Every President in the last 40 years is to blame for all these regulations that are causing this, Biden has not made it better.  There is no end in sight either.
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[SIZE=12pt]Truth.   It also seems to be that in California, one refinery goes down at EXACTLY the same time that another is down for "maintenance” as we’re getting bent over at the pump . . .[/SIZE]

 
SLIM said:
Can you post said article, I'm curious to see what all the extra regulatory requirements are that the current administration have imposed on the oil industry.
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I will try and find it and post a link. 

 
South Bay said:
[SIZE=12pt]Truth.   It also seems to be that in California, one refinery goes down at EXACTLY the same time that another is down for "maintenance” as we’re getting bent over at the pump . . .[/SIZE]
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:simrak:

Oh, but don't forget about the "Winter Blend" Gotta charge for that as well....blah blah blah!

 
J Alper said:
I just paid $13.00 a gallon yesterday, 55 gallons, but it smells good, hope this will last me this week, 
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:kenk:  $13/gallon for what? Unicorn dust infused, magic gas that adds a bazillion HP and 40,000 MPG??????

:lmao:

 
$4.79 Gal Diesel. TOP off your vehicle when you see that. Peace

 
Just paid $6.09 for Diesel #2 in Orange today off Katella and Cambridge. Mobil Station.

Cheapest around.

Bio-Diesel is cheaper but don't run that crap!

 
Red earth was around 5.49 last weekend for Diesel and under 5 for regular. 

 
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