Gasoline is now at the highest price ever recorded. The average cost of a retail gallon of unleaded gasoline hit $4.173, according to the American Automobile Association, with many regions now far exceeding that price. It is not uncommon to see $5/gal gasoline in many areas.
Against this backdrop, Joe Biden announced today that his administration is banning the import of oil, liquified natural gas (LNG) and coal from Russia. [We do not import LNG or coal from Russia, so that political point is moot.] You can read the executive order HERE.
The executive order also bans any U.S. entity from investing or facilitating the investment of Russian energy development. That section explains why there were earlier reports of Oil companies withdrawing from Russia. They were obviously given a heads up.
The way the order is currently written, and a lot of it has to do with extremely generous interpretations by the U.S. Treasury Dept., it would appear that any energy company currently operating in the U.S. cannot simultaneously be operating in Russia (or be part of the subsidizing and insurance network that supports energy development in Russia). The Treasury interpretations here are fraught with complexity.
The part that matters is boiled down in this section:
(i) the importation into the United States of the following products of Russian Federation origin: crude oil; petroleum; petroleum fuels, oils, and products of their distillation; liquefied natural gas; coal; and coal products;
(ii) new investment in the energy sector in the Russian Federation by a United States person, wherever located; and
(iii) any approval, financing, facilitation, or guarantee by a United States person, wherever located, of a transaction by a foreign person where the transaction by that foreign person would be prohibited by this section if performed by a United States person or within the United States.
(b) The prohibitions in subsection (a) of this section apply except to the extent provided by statutes, or in regulations, orders, directives, or licenses that may be issued pursuant to this order, and notwithstanding any contract entered into or license or permit granted prior to the date of this order. (LINK)
The European Union cannot cut themselves off from Russian oil and natural gas. Europe relies on imports for 90% of its gas and 97% of its oil products. Russia supplies 40% of Europe’s gas and a quarter of its oil. {source} Essentially, China and the EU will continue to be the largest purchasers of Russian energy.
The White House is looking to replace Russian oil by purchasing from Venezuela, Iran and, to a lesser extent, Saudi Arabia. In some ways, you can look at this oil purchase shift as a continuation of President Obama’s intent to exfiltrate American wealth. Iran and Venezuela become the favored nations again, as they were in the Obama-Biden administration 2009-2017.
Ideologues who have always operated in the background of Biden are working on the same program to consign the U.S. economy as a permanent “service driven economy.” The difference now is the rapid speed of their policy outcomes, because Biden is disposable.
Biden-Obama, and all that come with them, are working through an ideological plan. All of these consequences and outcomes are features, not flaws.
$7/gal gas is likely this summer (if not sooner), that’s around $180 to $200 barrel oil price.
$10/gal gas appears to be their ‘Build Back Better‘ target price with oil around $250/barrel.
The Russia-Ukraine ‘crisis’ just helps them justify and speed up the process they already had underway. I would argue the speed of their action is driven by their concern of a mid-term election outcome that might impede the bigger objective.
When does the O Biden Regime unveiled the “Cash for Clunker’s program”…..again?
Can we trade him in?
We’d have to pay to get rid of him
Fine
I think we’ve paid too much already. We are owed his removal.
Where is Chris Kyle when you need him….?
JFK and RFK come to mind!
I’ve been predicting that for months. And the auto company bailouts. 🙂
We do need the spare parts for existing vehicles, so they can’t destroy them all like they did last time. It is time for them to learn the true meaning of recycle. This is what you get during war times. Scavenger hunts.
And I would argue the speed of their program, is a second “Insurance policy”, in the offchance that DJT wins in 2024, or as they put it, their goal is not only “to destroy “Trump” but to ‘insure’ his kind can never rise, again!”
And they are therefore hell bent on concluding the Destruction of America, as an inherent impedimant to their agenda, so that its so broken even PDJT can’t Make America Great Again.
After all, just as Joe and crew undid ALL of PDJT’s acomplishments, he could reinstate them.
Hence, them undoing them is not enough. They must irreparable BREAK things, far beyond simply reversing their disasterous policies.
Putins Russia is ALSO an intrinsic impediment to them enacting a One World Government. I am now convinced they are going to force Putin to use nukes, in order to stay in power.
Cause they don’t CARE.
JUST spent over $100 to fill my tank, that still had 1/4,..a year ago, if empty it only cost me $50.
Better stock up on iodine.
“Say can I have some of those purple berries,.?”
“Yes I’ve been eating them for 6-7 weeks now,…haven’t got sick once,…probly keep us both alive!”
Wooden ships .
Think you’re onto something with this; what’s to stop the federal government from looking at some foreign investment the Trump family has made, whether golf courses or buildings in which Russian’s play, live or rent – and declaring that therefore the federal govt can seize any or all of the Trump family bank accounts and investments for “colluding with the enemy”; and
then use that example for every other political enemy that won’t comply with this new totalitarian wokeness?
These people will probably start doing that with small mom and pop type entities that invested in Russian oil exploration, use them as a precedent, then start going for the wealthy targets.
Don’t the big retirement fund management companies such as Vanguard, Blackrock, JP Morgan et.al. have IRA’s and teachers unions monies and whatnot invested in overseas places like Russia and China? Will the people who voted MAGA who have retirement funds in those accounts be considered United States person’s investing in Russian petroleum entities?
Bessie, that will start a revolution. I truly believe that….peoples’ thresholds vary but I’m at a conference currently- many types of people- I don’t ask political background but I can say, people are not happy. Now, with saying that, there are still too many being duped- it’s cuz Russia. When you ask, well, gas and other goods costs have been rising since day one of the FJB regime. Most here, if they are one who has been duped, usually pause, look at you and say fair point. They then get quiet.
This conference is full of very well educated and smart people- a larger majority are very very smart- some of the smartest the word’s nations have to offer.(I’d elaborate but I like being somewhat unknown- knowing where I’m at would give away a lot about me- I like my privacy).
That tells me people are not completely lost. The smart ones who bought in to FJB are slowly realizing they can’t continue to call themselves smart while continuing to just go along. The red pill is taking it’s toll.
Duped are everywhere. Just met one about 28 years old at the gas pump next to mine. He started it and I was off to the races about what’s going on. He thanked me profusely and said he had no idea any of this was going on. Had him email himself my top three websites. Gateway Pundit, Liberty Daily and this one. However, I call this site the Last Refuge if I don’t know their politics because you can pull it up that way and some don’t have to hear that nasty word conservative. This young man said he was going to start reading tonight. Asked him to share with his buddies. We all have mouths, we all have knowledge and we can all be throwing sand in the machinery.
And that….is how we do it!
Good job!
One at a time. Then that one tells another…
Plant the seeds wherever we can.
Good idea on The Last Refuge. People hear Conservative and they might back away.
I was having politics conversation with friend today.
What started conversation–price of gas. And you had yours at gas pump. I wonder if that is happening all over..probably.
Well….that is one way for Biden to unite more people in our country–gas prices and food prices. Something most can agree on.
Boomerang 🪃 Biden,Greenies,Democrats/Liberals are going to be public enemy #1.
I’ve recommended the Last Refuge site to a couple of co-workers along with a friend. Whether these folks find this site or not, depends on them.
People are slowly starting to wake up.
Conservative Treehouse is my go-to site; comments that are posted with Sundance’s articles are reflections of the best and brightest minds in my opinion. Me, I try to pay attention and learn from others here.
Gateway Pundit is still worth looking at. Haven’t been to Infowars in a long time.
God bless you all, hold the line. We are entering unchartered waters.
Excellent. Now if they can just get past mean tweets, we’ll have real progress. Good grief people with even double digit IQs can compare the America of 2020 to today and see the stark differences.
Most of us, say 95% are extremely pissed off. They will get theirs by hook or by crook .
Iodine wow thats something I never considered This is totally Fd U.p Hows your stock of silver and lead.
Excellent. Plus, my stock of lead includes a stock of brass at no extra charge.
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You can’t be too prepared. Do you think Putin will give a couple days advanced warning like Biden would? I gotta get down to my boat and about 50 miles off shore after all.
David Plouffe, the author of “his kind must never rise again” fame. was mentioned on the Tucker Carlson segment on Wisconsin Election fraud.
““He had a great deal. He adopted a plan by a guy who became his employee named David Plouffe, who wrote the unsubtly titled book, ‘A Citizen’s Guide to Beating Donald Trump’ and on November 11, 2016, Dave Plouffe did a post mortem on the Hillary Clinton campaign’s failure to win and he said the two big mistakes that the Hillary Clinton campaign made were failing to target cities like Milwaukee and failing to drive up the numbers of the African American vote,” Gableman remarked.
“And so, Mark Zuckerberg has $330 million dollars that he’s gonna spend to defeat Donald Trump. And he puts David Plouffe’s lessons of the 2016 campaign into operation in Wisconsin and now we are seeing a complete cover-up and obstruction by the very so-called public servants who ran this election. Who should have been in charge but who delegated it out to Mark Zuckerberg’s agents and virtual employees,” he asserted.”
https://www.bizpacreview.com/2022/03/08/beyond-belief-tucker-dissects-shocking-new-report-on-wisconsin-election-vows-its-just-the-beginning-1210148/
Justice Gableman mentions Plouffe a lot, every interview I’ve seen him on.
It is clear. For those who sadly think the Dems are making stupid mistakes they are quickly waking up to realize that the destruction of America is intentional. There is no one to stop it. The election cheating has allowed them, along with cvd to expedite the destruction of the middle class. Control and digital ID is where they are headed. *along with grooming your children. How long will this evil stand?
Until the Second Coming is my guess. It sure looks like we’re slaves until then.
If we can get to 2024 and PJT, then we can demand the entire federal gov be sent packing except the essentials. No reason to keep any of it
“I see by your coat my friend that your from the other side
there’s just 1 thing I got to know
Can you tell me please, Who won?
A note. Sulfur, the type used around the farm..is a good anti-ionizing radiation sponge due to it’s valence. Like iodine it will bind it and keep it out of critical organs as isotopes of necessary minerals.
Delusional Joe has allegedly been tapping into our strategic reserves. We have no way of replacing it American made. Remember “Buy America”?
Congress should authorize a one time, six month Emergency in the name of National Security. 6 months only to get production up and running smoothly again, PERMANENTLY, and reassess it at that time. Institute Warp Speed on Sundance’s list.
We are also going to need it to bring manufacturing back anyway. Many of these areas are also national security concerns.
They have already pushed us into another useless war and that is no time to bleed your citizens at the pump when these things can be easily fixed, and it is definitely no time to have minimal reserves with no end in sight.
Pronto!
We are not intended to fight, let alone win WWIII. There will be no proactive measures.
“… Biden is disposable.”
Just Biden?
They’re all disposable … the fewer of those life-sucking slugs, the better off we’ll all be with real productive jobs and not demeaning service sector hand-outs.
Our counter measure should be “shut down” their global economy.
“stay home” and buy American Made Only “stop buying” beyond basic necessities .
I won’t hold my breath though.
Most people have cut way back on spending due to inflation. It won’t end well for any of us…
I’d love to buy American made things, trouble is many items aren’t made in the US at all, no choice but to buy “basic” stuff made elsewhere. PDJT was striving to turn that around, now that effort has been eroded by Biden & the rest of the criminals.
There are many blow back scenarios to this trajectory. The last time we were buying from Venezuela Hugo was plotting and planning and then someone had him out down.
Obama’s ego does think through what industry thinks of $10/gallon gas. War is coming, mad max style ——too much $$ in evil doers pockets
Oil bad! Orange Man Bad! Gas bad! Coal Bad! According to the left, all the things that make our economy operate are bad. WEF says all these things are wrong also. But it’s ok to get them from our enemies, not our allies. Absolute Poop Show. As one opinion piece said, You have to really try to suck this bad.
Communism = Collective Misery
“all the things that make our economy operate are bad. ”
Ding Ding Ding!!! They HATE our way of life. Most of which is our economy. We showed the world how to build a once truly free market economy and what it’s capable of. Problem is we got fat and lazy and let these scum sucking leaches take over because most of us were too lazy to step in and run for office.
Every Dynasty starts off in wooden sandals and ends in silk slippers. What do you think we are currently wearing?
We are about 2 generations into a society of “man children” who know not of true struggle and strife. We complain about our delivery food being two minutes late, and our internet not working seemlessly. Half of our society is made up of fat lazy slobs. And unfortunately we’ve let those fat lazy slobs take over the reigns of power. Then half of the other half of our society is brainwashed and doesn’t think things are going to be that bad.
As Sundance like’s to say, FUBAR.
MORONS
The cost of most things is determined by the price of energy to produce it. The price to produce haul and install solar panels , nuclear facilities and wind generators most likely just doubled so that means to be competitive the price of oil must dbl again. RINSE AND REPEAT. Each time the artificially raise the price of fuels the percentage of the cost of alternative generation represented by oil cost goes up.
So if the cost of a wind generator is a conservative 60 percent fuel cost if you dbl the fuel cost, then the percentage of energy cost of the wind generator now approaches 90 percent. It is a game of diminishing returns.
In Marxist thinking all things are static, they can not predict market forces in even the most fundamental ways.
Notice how little competence and lack of commonsense the present regime. Some say it is all by design. Notice the lack of commonsense the design. There is a vivid illustration of lack of concern for the People.
Even dullards are slowly realizing none of this is about the People best interest. It is all about crooks remaining crooks and staying out of jail in the meantime.
I’ve made this comment before, maybe even to you but I’m going to say it again.
Nearly all politicians are a weird toxic mix of stupidity, corruption, and sociopath. How do you ever know which is the motivating factor behind what they are doing? Is it because they’re stupid, because they are benefitting themselves, or because they get pleasure from screwing us, or some combo of all three?
Isn’t Russa part of the WTO?
Just one more nail in the coffin of the American economy. This has been the plan all along.
A systematic dismantling of America from within. 3rd term of Obama.
Warp Speed dismantling
O’biden calls it ‘Putin’s price hike’. They always choose a dumb/false mantra and repeat it, unfortunately that’s how dumb people get educated (brainwashed).
They are F’ing children. They come up with slogans for everything. Like petulant children in high school running for class president. Stupid ass slogans. And our fellow countrymen lap this crap up like good little sheep.
Putin Signs Countermeasure Decree Limiting Russian Exports After Biden’s Russian Oil Import Ban
https://www.zerohedge.com/markets/putin-signs-countermeasure-decree-limiting-russian-exports-after-bidens-russian-oil-import
From the Zerohedge article –
… noting the specific list will be made public in two days.
I wonder if if uranium – which, from an energy standpoint, is noticeably absent from Biden’s EO – will be on the list?
From Reuters:
The U.S. power industry relies on Russia and its allies Kazakhstan and Uzbekistan for roughly half of the uranium powering its nuclear power plants. The industry has been lobbying the White House to continue to allow uranium imports from Russia despite Moscow’s invasion of neighboring Ukraine.
People like John Podesta who got stock options from the Uranium One deal aren’t going to be happy if Putin restricts exports.
The last paragraph from a 2008 repost at JihadWatch.org of a J. B. Kelly essay originally published in the British magazine Encounter in July 1979:
via JihadWatch.org: J.B. Kelly: Of Valuable Oil & Worthless Policies
The Russians are now established in Afghanistan, Iraq and Ethiopia. Down in the south-western corner of Arabia they sit entrenched in the former British base at Aden, along with their Cuban and East-German auxiliaries, ready to direct them and their South Yemeni vassals eastwards into Dhufar or northwards into the East European satellites, is growing; and they cannot afford to pay for it in hard currency or acceptable manufactures. The temptation to take by subversion what they cannot afford to purchase will surely grow at a commensurate pace. They have learned the lessons of sea-power, which they West is in danger of forgetting, and they recognise the truth (which the Western powers flinch from acknowledging) of Macaulay’s dictum – “That the essence of war is violence, and that moderation in war is imbecility.” Those flapping wings and harsh cries we hear around us may not be chickens, after all, but birds of more sinister and predatory aspect.
it’s a difficult choice…stay warm or eat. FJB
THIS is indeed part of their plan. They know they will be hammered in the mid-terms without significant cheating, or perhaps even with cheating. No administration or party can survive such brutal results. But…that is why they may be preparing the NEXT WAVE of deadly Covid that is emerging in Hong Kong, which despite widespread jabbing is resulting in death rates 16 times those previously in the US.
Look for VOTE BY MAIL ONLY in November…if they don’t suspend elections altogether. I put nothing past this cabal.
Really many things to concern us but at times I have to wonder if the current “leadership” is actually smart enough to have a plan. When people adhere so rigidly to toxic ideology the outcome is bound to be bad. Smart folks know how when to be realistic, the stupid stick to their “beliefs” even after shooting themselves in the foot over and over again.
Gina Raimondo, the secretary of commerce, issued a stern warning Tuesday to Chinese companies that might defy U.S. restrictions against exporting to Russia, saying the United States would cut them off from American equipment and software they need to make their products.
She disclosed to the NYT so it must be bad. So expect a 2 front war, and even higher prices.
So….US making demands on China…..
Xi probably still laughing.
Once we were known as the beacon of Freedom.
Now we are looked as untrustworthy trouble making interfering bullies.
I hate this administration. HATE IT. HOWWWWWW anyone in their right mind would even THINK the O’Biden WH cares about “WE THE PEOPLE” are seriously in need of deep psychotherapy (and that includes a handful of family members). I never thought we’d see this kind of crap happening to this extent in this day and age. I’m guilty…Sundance and all of you on the CTH have been warning of this…I just did not want to believe people were THIS incredibly E V I L!!! PURE. FREAKIN’. EVIL. (My prayers are on-going however…not giving up!)
Gasoline prices are already hovering near $6/gal here in Portland, OR. Gas price is usually higher here than average so seems a good bet that by summer gas will cost $8 or more per gallon.
Question is will Democrats be punished in this year’s elections? Dems certainly deserve it. Election fraud notwithstanding, I don’t rule out that voters in a lot of places are stupid enough to keep the current crop of criminals in office.
The blue cities that dominate Oregon politics will never look in the mirror and be honest with who is the cause of their misery. They will do the same thing and get the same results. The left can not bring them enough pain for them to ever seek a conservative solution.
I’ll add to my statement. The republican party in Oregon is lame, incompetent and too stupid to know how to fight.
We have the same situation in the state across that big river from Oregon
Question is will Democrats be
punishedput against a wall in this year’s elections? Dems certainly deserve it.Wasn’t some Saudi Arabian dude just released from Gitmo? Interesting timing…
Yes the 20th hijacker was sent back to Saudi Arabia to seek mental health help. Our country is being dismantled while the millions watch the fake news about a war that has nothing to do with us and everything to do with globalism. Every move we make is just another nail in the USA coffin and most can’t see it. And none of it is by accident.
Why doesn’t the trend line start the day after the 2020 election, that was the bottom of the retail price for gasoline.
Here’s what I don’t get- if Russian oil is only 8% of our supply, then why has the cost of gas and heating oil gone up by over 50 percent in just a few days??
Seneca, Russia and China are breaking the petrodollar and the result is inflation. This is a result of splitting the world’s energy suppliers as well as the financial centers. Sundance has written about this in the recent past.
Bingo!! You’ve uncovered the not-so-well-hidden deception!
Bye now, astute observers know that the fuel price per gallon to the end consumer has always risen INSTANTLY upon news of ANY disruption in the oil supply chain.
Even though we KNOW that the gas / oil in the retailer’s underground tanks was purchased at the OLD cost, the suppliers tell us they are pricing in the future cost of product. But it then takes months to get back down once those disruptions are eliminated… and often does not get back down to where it was before the disruption occurred. So we get screwed on both ends of the disruption.
Ding Ding
Yes this was my debate back in 2012 when our gas in Zero’s world was highest until last week
They have the gas in the ground. They paid for it when it went into the ground.
Now they have to make enough money to be able to pay for the increased price of the next load They get to put in the ground.
Ask your gas station. When do they pay their delivery. I know that is how it used to be done.
This must be driving gas retailers crazy with the upward fluctuations at such a rapid pace.
Yes I’ve heard that explanation too.
I’m not buying the gas in next delivery until its in the underground tank and I roll up again to pump gas.
I’m buying the gas in the ground today from the previous delivery. I should pay the corresponding price.
They are charging their customers extra in order to finance their future bulk purchase, instead of saving enough from each purchase to build up a reserve to pay for the next bulk purchase of fuel at delivery.
What this reveals is that their business has no reserve. They are skimming all profit from every dollar immediately and leaving nothing in a reserve.
And the industry execs aren’t happy with the Biden Admin.,,,the execs know the price elasticity of demand is not inelastic, despite there being no substitutes for gasoline available to consumers. But consumers may choose to cut back and use less of the product, which does not make oil execs happy. They want the Administration to open up more sources of oil.
https://energynow.ca/2022/03/soaring-prices-set-stage-for-eventual-reversal-of-oil-gas-demand/
The “green” fantasy may come true in the future but not any time soon. Laws of physics and thermodynamics just don’t support any alternate form of reliable, dense, and portable energy at this time.
On average, the US uses 20 million barrels of oil/day. We produce now around 11.5 million bbl/day. That leaves around 8.5 million bbl/day we import. Of that Russian oil is about 600K bbl/day or 14% of our imported oil. The hikes we see are from market forces. The gas coming out of the pump today was bought back in December at $65 per barrel, and in 90 days if oil is sky high as it is today, we will see 8-10 dollar a gallon for gas.
Filled up today. Diesel at 5.25 in Central PA.
Holy cow, looks like Putin may be announcing his JUDO move to use USA’s “Sanctions Regime” against the USA and any of its Allies that continue any
• Imports of USA Energy Products
• Purchases of Energy-Production Products & Services from USA Companies
• Investments from USA Entities
• SWIFT Transactions if USA Energy imports/exports use the SWIFT System
… With INCREASED Contract Prices for Gas & Oil Exports to non-compliant USA Allies (?)
… Or REDUCED / DISCONTINUED Contract Volumes (?)
=====
Sundance’s summary of USA Sanctions Regime:
(i) the importation into the United States of the following products of Russian Federation origin: crude oil; petroleum; petroleum fuels, oils, and products of their distillation; liquefied natural gas; coal; and coal products;
(ii) new investment in the energy sector in the Russian Federation by a United States person, wherever located; and
(iii) any approval, financing, facilitation, or guarantee by a United States person, wherever located, of a transaction by a foreign person where the transaction by that foreign person would be prohibited by this section if performed by a United States person or within the United States.
=====
Putin’s Announcement of Countermeasures:
(Details due in 2 Days … after Frantic EU Repositioning)
https://www.zerohedge.com/markets/putin-signs-countermeasure-decree-limiting-russian-exports-after-bidens-russian-oil-import
I thought the Northeast states like New York and Massachusetts banned a pipeline from Pennsylvania and have to use Russian natural gas shipped by tankers to run all of their electric utilities???
If that’s true (don’t know that it is), it’s self-satire, good for creating a great comedy routine. ATM it’s anything but comic, unless that includes fury, rage and loud screaming…
The ban on Russian petroleum is largely symbolic because they CAN find other markets for it.
In fact, I wouldn’t be surprised if Xi IMMEDIATELY offers to pick up our slack, so Russia won’t be harmed.
But, this drop in US supply will probably result in higher energy costs for US consumers UNLESS Biden can find a way to IMMEDIATELY increase domestic production.
I’m betting Biden let’s the prices go SKY HIGH.
There were 35 countries when UN asked for votes against Russia that abstained.
Already seeing new deals Russia making with other countries to take up the slack.
Then Russia will be cutting off items we REALLY need and will have to scramble to find. Then, wherever we find what we need -they will increase the price because we are desperate.
Russia laughing…wow..how tragic they don’t have a McDonald’s . Just so horrible and tragic/s
This is a two way street. It works both ways. The kids in DC are clueless.
Every American must call their reps and demand the Biden regime resigns; Um we are at the end of the road soon.
If they don’t get off their asses and demand the removal of the exec order decrees killing the US, then we may never get to the primaries.
A U.S. president has no authority to prevent U.S. oil companies form doing business with Russia unless he was delegated that authority by previous legislation and I’m not sure that he was granted it. And federal courts don’t get to empower the executive branch with powers they don’t have just in case this goes to court.
Our ruling elite lambasts Putin as being autocratic yet we have a doddering old fool in the oval office who’s written more executive orders than the last four presidents and tries to bypass Congress when he doesn’t get what he wants.
If only Senator graham’s sentiments of assassination were toward biden and his dominions he would’ve had me at hello…
Yup, O’Biden knows that there will be close scrutiny of the 2022 mid terms, thus making it much harder to cheat.
All part of the Great Reset.
Go Green.
Get rid of fossil fuels.
Forcing Russia to shut down their production.
Schwab needed 3 countries to enact BBB:
It’s all part of the plan B. Covid didn’t do the trick.
So, does this mean that all of the Lukoil gas stations in the US will be shuttered?
Biden just declared war on the American people.
I swear groceries today were 30% higher than normal.
Then I passed the gas station. Regular is $4.50/gal. Yikes! I’ve never seen it that high my way (south east PA).
Good gosh, Brandon.
It cost me $163 to fill up my truck here in Mesa, Arizona. When *FJB was installed, it was around ~$80. Methinks another $.50 to $1 a gallon increase (where I will be at $200 per tank) is going to be the point of no return. It won’t hurt me as much since I’m retired and can just continue to hunker down and wait it out. I’m very concerned about everyone who is getting slaughtered by this nonsense, and that includes family and friends. I believe we are at an extremely dangerous point in our history right now, and it is likely to turn very bad, very soon.
They cannot activate their vote fraud operation with Biden’s ratings circling the bowl. They only could initiate the plan if and when Biden looked good in the 2020 polls, which they manipulated. To salvage their credibility there were a slew of articles in sympathetic publications that claimed unique factors had caused them to overstate Bidens ratings. Now Biden’s rating’s have stubbornly remained in the thirties, seemigly immune to any attempts at rejuvination; I count at least 8, including NPR’s poll claim of an 8 point jump in his ratings after the SOTU ramble.
If they cannot show reasons for steady improvement up to November, unlikely given he is underwater with independents and the current policies, they risk collapsing the whole pack of cards if they try ‘reinforcing the vote’ again. This is the reason for the unseemly rush to get their policy priorities in place and the probable cause of even greater problems for this cuckoo administration. Trouble is, the going will getting a lot rougher as the bandits bounce from one artificial crisis to another desperate to gain more than a fleeting grasp of the success they need for survival. Worrying times, but truth will out.
China Inc. and Russia are benefactors of Venezuela.
Since Venezuela still has production and pumping issues … a “few barrels” of Russian Oil to make up the difference in orders…
Has anyone else seen the ads on Fox News that are running against President Trump that the Republicans have been running? It does seem to be only one UNIPARTy in Washington.
If people start driving less and gas consumption goes down by 10-20% – wouldn’t they have to drop prices?
Official says the goal is zero fossil fuels.
.
He says – “The only viable solution…is to get our consumption down to zero.”
They’re going to let us drown and drink champagne while they watch.
You can’t convince me these people aren’t psychopaths.
Your graph should point out the date that the election ‘results’ were announced. That is when the fuel prices began their trip toward the sky.
My worthless congressman just posted that we should ban Russian oil, and produce more American oil.
How about #1 – produce more American oil and THEN ban Russian oil.
Honestly, these people are not smarter than 3 graders.
I Support
AMERICAN OIL
FROM AMERICAN SOIL
Gas report from MI: This afternoon, premium (93 octane) at Costco for $4.39/ gallon. I believe it is about an 80 cent jump in the last two months.
Weak incompetent leaders begat hard times! We see the weakness, incompetence & corruption every time Biden speaks and the snotty condescending attitude of his spokeswoman Psaki. It is LONG PAST TIME this pathetic Administration of Obama end and thrown into the trash bin of history. Follow the Constitution, recall the election results or hold new election#, but SOMETHING must be done. On this trajectory, this fool is going to bumble us into a thermo-nuclear holocaust killing billions of people.
Check twitter. They same people who say the US POTUS can’t do anything to effect US gas prices downward (and they will be more than happy to tell you) are the same people who say the Russian POTUS acrions do effect US gas prices upward.
What does this say about the leadership strength of the US POTUS vs the Russian POTUS?
The price of gasoline (like prices in general, commodity prices especially) is sensitive not only to what has happened already but also to what “the market” broadly expects is likely to happen in the future. With that thought in mind, let’s add one more bright red arrow to this nifty 18-month gasoline price chart that’s showing up everywhere the last few days. Point our new arrow at the day the price bottomed out, that is, at the day it started going up. We can’t add an arrow without a caption, now can we? Hmmmm…first week of 11/2020. Anything big happen that week to make everyone expect higher gasoline prices? Inauguration? Not yet. Land war in Asia? Later. Had to be something, now what could it have been?
What % of oil do we get from Russia, about 7%? So why such a dramatic increase? Do our own oil companies have something to do with this? They’ve done it before.
its this type of event that tells me I wasnt wrong to hate and despise most of those Boomer W supporters in the 2000s, they are still there and stupid as ever along with their source of newa, Fox… just sad how dumb these people are. Deeply discourgaing the lack of insight , even after all that we have been through that so many supposed conservatives cant see it. Just dumb! I now know what Dennis Kucinich and Ron Paul felt like after 9/11 and around the Iraq War in 2003.
72%? Not buying it. Bs
DemocRATS willfully destroy every single thing they touch.
It is way past time to call out and label these people for what they truly are.
Making the usual excuses for their catastrophic and destructive actions and policies needs to stop immediately.
They are not “missguided.”
They are not “mistaken.”
They are not “our friends on the side of the isle.”
And they are not “our fellow countrymen.”
DemocRATS and anyone that supports them are domestic enemies of the United States of America and a clear and present danger to the same.
They deserve to be treated as such. The only thing these people deserve is unceasing white hot scorn, derision, mockery and ridicule.
Nailed!
Born in a far-away land but an American in spirit since the first time I read and comprehended the Declaration, Constitution, Federalist Papers and other founding law, I count the day I became an actual: (AMERICAN)-American; the the very best day of my life. And by that time already knew every word you have just posted here, James, to be the Absolute Truth. Being American will never be but an accident of birth. And nor will America be ever faced with a deadlier foe than is that comprised of the vast, absolutely-amoral, frequently-psychopathic or, more-often, sociopathically-usefully-idiotic, definitively-traitorous, organized-sovereign-criminal, fascist-Marxist hordes that trade as and/or that support, the “democratic” party.