Gasoline Gasoline!

Surfdog

Duke status
Apr 22, 2001
21,818
2,033
113
South coast OR
Oil flirting with $80. Down almost $45 since the peak.

Way to go, JOE!
It takes a huge, prolonged inflation period and resulting recession to cool the overheated spike.
Economy flailing is now the result.

I thought Joe wasn't responsible for global oil price movements?

Now he is. We'll remember that.

Gas prices down all the way back to......

March (6 months ago), when Putin invaded and added the 2nd big surge in gas prices.
We already doubled gas price by then (March, 2022) from the prior year, and what got inflation off the 40 year highs to begin with.

We need oil well below $70 a barrel (at a sustained price) to have any chance of slowing inflation and prolonging this recession.

This winter is going to hurt a lot of people in the Western modern 1st world. Europe is stressing it, for one.
 

StuAzole

Duke status
Jan 22, 2016
28,695
9,946
113
It takes a huge, prolonged inflation period and resulting recession to cool the overheated spike.
Economy flailing is now the result.

I thought Joe wasn't responsible for global oil price movements?

Now he is. We'll remember that.

Gas prices down all the way back to......

March (6 months ago), when Putin invaded and added the 2nd big surge in gas prices.
We already doubled gas price by then (March, 2022) from the prior year, and what got inflation off the 40 year highs to begin with.

We need oil well below $70 a barrel (at a sustained price) to have any chance of slowing inflation and prolonging this recession.

This winter is going to hurt a lot of people in the Western modern 1st world. Europe is stressing it, for one.
JOe's not responsible for oil prices, up or down. That's why I posted it. He never was, and never will be.

And yes, the sweet spot is between $60 and $70. Prices dropped almost $5 today. Two more of those days and Joe's policies will be responsible for oil price nirvana.
 

ElOgro

Duke status
Dec 3, 2010
32,405
12,490
113
JOe's not responsible for oil prices, up or down. That's why I posted it. He never was, and never will be.

And yes, the sweet spot is between $60 and $70. Prices dropped almost $5 today. Two more of those days and Joe's policies will be responsible for oil price nirvana.
But Trump was responsible for oil prices?
 
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hammies

Duke status
Apr 8, 2006
15,709
14,438
113
And yes, the sweet spot is between $60 and $70.
About 10 years ago I was talking to a management guy from Venoco at a party and he said that exact same thing.

Venoco is now out of the oil business, that guy now works for another oil company, crude is now down to where it was the first week of January, and gasoline is still a buck a gallon higher than it was then.
 

GromsDad

Duke status
Jan 21, 2014
55,156
16,928
113
West of the Atlantic. East of the ICW.
"Electric cars’ impact on air pollution isn’t as straightforward as you might think. The vehicles themselves pollute only slightly less than a gasoline car because their massive batteries and consequent weight leads to more particulate pollution from greater wear on brakes, tires and roads. On top of that, the additional electricity they require can throw up large amounts of air pollution depending on how it’s generated. One recent study found that electric cars put out more of the most dangerous particulate air pollution than gasoline-powered cars in 70% of U.S. states. An American Economic Association study found that rather than lowering air pollution, on average each additional electric car in the U.S. causes additional air-pollution damage worth $1,100 over its lifetime.

Even if rising costs weren’t an issue, electric cars wouldn’t be much of a bargain. Proponents argue that though they’re more expensive to purchase, electric cars are cheaper to drive. But a new report from a U.S. Energy Department laboratory found that even in 2025 the agency’s default electric car’s total lifetime cost will be 9% higher than a gasoline car’s, and the study relied on the very generous assumption that electric cars are driven as much as regular ones. In reality, electric cars are driven less than half as much, which means they’re much costlier per mile.

In part this is because electric cars are often a luxury item. Two-thirds of the households in the U.S. that own one have incomes exceeding $100,000 a year. For 9 in 10 of electric-vehicle-owning households, it’s only a second car. They also have a gasoline-powered car—usually a bigger one, such as an SUV, pickup truck or minivan—that they use for long trips, given its longer range. And it takes additional costs to make electric cars convenient—such as installing a charger in your garage. Those who can’t afford it, or who don’t have a garage, will have to spend a lot more time at commercial chargers than it takes to fill up a car with gasoline."

 
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Reactions: plasticbertrand

hal9000

Duke status
Jan 30, 2016
56,644
17,003
113
Urbana, Illinois
"Electric cars’ impact on air pollution isn’t as straightforward as you might think. The vehicles themselves pollute only slightly less than a gasoline car because their massive batteries and consequent weight leads to more particulate pollution from greater wear on brakes, tires and roads. On top of that, the additional electricity they require can throw up large amounts of air pollution depending on how it’s generated. One recent study found that electric cars put out more of the most dangerous particulate air pollution than gasoline-powered cars in 70% of U.S. states. An American Economic Association study found that rather than lowering air pollution, on average each additional electric car in the U.S. causes additional air-pollution damage worth $1,100 over its lifetime.

Even if rising costs weren’t an issue, electric cars wouldn’t be much of a bargain. Proponents argue that though they’re more expensive to purchase, electric cars are cheaper to drive. But a new report from a U.S. Energy Department laboratory found that even in 2025 the agency’s default electric car’s total lifetime cost will be 9% higher than a gasoline car’s, and the study relied on the very generous assumption that electric cars are driven as much as regular ones. In reality, electric cars are driven less than half as much, which means they’re much costlier per mile.

In part this is because electric cars are often a luxury item. Two-thirds of the households in the U.S. that own one have incomes exceeding $100,000 a year. For 9 in 10 of electric-vehicle-owning households, it’s only a second car. They also have a gasoline-powered car—usually a bigger one, such as an SUV, pickup truck or minivan—that they use for long trips, given its longer range. And it takes additional costs to make electric cars convenient—such as installing a charger in your garage. Those who can’t afford it, or who don’t have a garage, will have to spend a lot more time at commercial chargers than it takes to fill up a car with gasoline."

keep fighting the good fight. The industry is headed in the direction of EVs
 

StuAzole

Duke status
Jan 22, 2016
28,695
9,946
113
"Electric cars’ impact on air pollution isn’t as straightforward as you might think. The vehicles themselves pollute only slightly less than a gasoline car because their massive batteries and consequent weight leads to more particulate pollution from greater wear on brakes, tires and roads. On top of that, the additional electricity they require can throw up large amounts of air pollution depending on how it’s generated. One recent study found that electric cars put out more of the most dangerous particulate air pollution than gasoline-powered cars in 70% of U.S. states. An American Economic Association study found that rather than lowering air pollution, on average each additional electric car in the U.S. causes additional air-pollution damage worth $1,100 over its lifetime.

Even if rising costs weren’t an issue, electric cars wouldn’t be much of a bargain. Proponents argue that though they’re more expensive to purchase, electric cars are cheaper to drive. But a new report from a U.S. Energy Department laboratory found that even in 2025 the agency’s default electric car’s total lifetime cost will be 9% higher than a gasoline car’s, and the study relied on the very generous assumption that electric cars are driven as much as regular ones. In reality, electric cars are driven less than half as much, which means they’re much costlier per mile.

In part this is because electric cars are often a luxury item. Two-thirds of the households in the U.S. that own one have incomes exceeding $100,000 a year. For 9 in 10 of electric-vehicle-owning households, it’s only a second car. They also have a gasoline-powered car—usually a bigger one, such as an SUV, pickup truck or minivan—that they use for long trips, given its longer range. And it takes additional costs to make electric cars convenient—such as installing a charger in your garage. Those who can’t afford it, or who don’t have a garage, will have to spend a lot more time at commercial chargers than it takes to fill up a car with gasoline."

Oh, ok. Lol.
 

plasticbertrand

Duke status
Jan 12, 2009
21,752
14,565
113
"Electric cars’ impact on air pollution isn’t as straightforward as you might think. The vehicles themselves pollute only slightly less than a gasoline car because their massive batteries and consequent weight leads to more particulate pollution from greater wear on brakes, tires and roads. On top of that, the additional electricity they require can throw up large amounts of air pollution depending on how it’s generated. One recent study found that electric cars put out more of the most dangerous particulate air pollution than gasoline-powered cars in 70% of U.S. states. An American Economic Association study found that rather than lowering air pollution, on average each additional electric car in the U.S. causes additional air-pollution damage worth $1,100 over its lifetime.

Even if rising costs weren’t an issue, electric cars wouldn’t be much of a bargain. Proponents argue that though they’re more expensive to purchase, electric cars are cheaper to drive. But a new report from a U.S. Energy Department laboratory found that even in 2025 the agency’s default electric car’s total lifetime cost will be 9% higher than a gasoline car’s, and the study relied on the very generous assumption that electric cars are driven as much as regular ones. In reality, electric cars are driven less than half as much, which means they’re much costlier per mile.

In part this is because electric cars are often a luxury item. Two-thirds of the households in the U.S. that own one have incomes exceeding $100,000 a year. For 9 in 10 of electric-vehicle-owning households, it’s only a second car. They also have a gasoline-powered car—usually a bigger one, such as an SUV, pickup truck or minivan—that they use for long trips, given its longer range. And it takes additional costs to make electric cars convenient—such as installing a charger in your garage. Those who can’t afford it, or who don’t have a garage, will have to spend a lot more time at commercial chargers than it takes to fill up a car with gasoline."

"OPINION"

You can never just post facts and discuss in your own words.

You always have someone else telling you what to think.

WACH THIS DANG BONGO VID
 

GromsDad

Duke status
Jan 21, 2014
55,156
16,928
113
West of the Atlantic. East of the ICW.
"OPINION"

You can never just post facts and discuss in your own words.

You always have someone else telling you what to think.

WACH THIS DANG BONGO VID
So you regard all critical opinion pieces equal to a Dan Bongino video even those from the Wall Street Journal? Thanks for confirming what we thought of your intelligence level and critical thinking skills.