Gas prices 2019 and beyond

alot of fla out of🚙gas even still,,,,,,,,,,,,,,,off 95 too😩 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,[COLOR=rgb(26, 188, 156)] ><)))):>

alot of fla out of🚙gas even still,,,,,,,,,,,,,,,off 95 too😩 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,[COLOR=rgb(26, 188, 156)] ><)))):>

You don’t need to be going anywhere. I’m sure your pantry can hold you for a couple weeks 👍

You don’t need to be going anywhere. I’m sure your pantry can hold you for a couple weeks 👍

chevy overflow ,,,,,,,,,,,we wont ever starve :p;),,,,,,,,,,,,,,,,,,,,,,,,,,[COLOR=rgb(26, 188, 156)] ><))):>

$2.71

$2.71

🏍️chevy🚙⛽its getting there,,,,,,,,,,,:),,,,,,,,,,,,,,[COLOR=rgb(26, 188, 156)] ><)))):>

in the next comming weeks is will be down🚙⛽ cheaper 😜;),,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,[COLOR=rgb(26, 188, 156)] ><))))>

in the next comming weeks is will be down🚙⛽ cheaper 😜;),,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,[COLOR=rgb(26, 188, 156)] ><))))>

Please remember. 4 years of devastating policy will be a challenge to overcome. Complete sabotage.

And only 2 good years until the next steal attempt.

Please remember. 4 years of devastating policy will be a challenge to overcome. Complete sabotage.

And only 2 good years until the next steal attempt.

[MEDIA=youtube]3Aa6GyZuUKU[/MEDIA],,,,,,,,,,,,,,,,,,,,,[COLOR=rgb(26, 188, 156)] ><)))):>

Lets keep Politics outta here

2.80 BJ’s Bellport Friday.

Glad I got gas yesterday
Drove by the Speedway today that I went to yesterday and it was $.03 more today

$2.81 BJ's Riverhead, up about $0.10 in the last week.

This post is intended to be economics, relating to whether gas prices will fall, not politics. Companies intend to make profits. Prices are driven by supply and demand. Alternative energy reduces demand. Increased refining of oil increases gasoline supply. Oil companies will lose profits if the profit they make per lower price per gallon of gas is not offset by increased sales or lower supply costs.

This is from the Times, so I understand it is suspect:

"President Trump is swinging American energy policy sharply in favor of fossil fuels, but [U]oil and gas companies say[/U] those changes won’t push them to engage in the frenzy of new drilling....(emphasis added)

The oil industry is thrilled by Mr. Trump’s executive orders, which are designed to make life harder for renewable energy companies and easier for oil, gas and pipeline businesses. But on the critical question of whether his policies will lead to more oil and gas production — one of Mr. Trump’s central goals — [U]industry executives say not unless prices rise a lot[/U], something the president says he will not stand for. (emphasis added)

Mr. Trump’s aim is to support oil and gas by loosening the rules that govern extracting, transporting and exporting fuels while kneecapping the competition, including wind turbines, electric vehicles and other low-emissions technologies. That’s a powerful market signal, but not enough for companies to “drill, baby, drill.”

“What you are seeing is a huge amount of positivity,” said Ron Gusek, president of Liberty Energy, an oil field services company whose chief executive was picked by Mr. Trump to lead the Energy Department. “But it’s too early to say that that’s going to translate into a change in actual activity levels here in North America.”

For drilling and fracking to pick up substantially, oil and natural gas prices would have to rise, executives say, an outcome that is at odds with Mr. Trump’s goal of stemming inflation by reducing the cost of energy. Oil companies won’t spend money on [U]production, which is already near record levels in the United States[/U], if they are not confident that they can make money from the extra fuel they churn out. (emphasis added)

Further complicating the president’s efforts to increase domestic production is that the industry generally is more focused on keeping spending in check than it was during his first term. Wall Street firms used to invest in fracking companies that grew quickly. Now, investors want to back profitable operators.
...
U.S. oil and gas production rose to record heights under Mr. Biden...."

This post is intended to be economics, relating to whether gas prices will fall, not politics. Companies intend to make profits. Prices are driven by supply and demand. Alternative energy reduces demand. Increased refining of oil increases gasoline supply. Oil companies will lose profits if the profit they make per lower price per gallon of gas is not offset by increased sales or lower supply costs.

This is from the Times, so I understand it is suspect:

"President Trump is swinging American energy policy sharply in favor of fossil fuels, but [U]oil and gas companies say[/U] those changes won’t push them to engage in the frenzy of new drilling....(emphasis added)

The oil industry is thrilled by Mr. Trump’s executive orders, which are designed to make life harder for renewable energy companies and easier for oil, gas and pipeline businesses. But on the critical question of whether his policies will lead to more oil and gas production — one of Mr. Trump’s central goals — [U]industry executives say not unless prices rise a lot[/U], something the president says he will not stand for. (emphasis added)

Mr. Trump’s aim is to support oil and gas by loosening the rules that govern extracting, transporting and exporting fuels while kneecapping the competition, including wind turbines, electric vehicles and other low-emissions technologies. That’s a powerful market signal, but not enough for companies to “drill, baby, drill.”

“What you are seeing is a huge amount of positivity,” said Ron Gusek, president of Liberty Energy, an oil field services company whose chief executive was picked by Mr. Trump to lead the Energy Department. “But it’s too early to say that that’s going to translate into a change in actual activity levels here in North America.”

For drilling and fracking to pick up substantially, oil and natural gas prices would have to rise, executives say, an outcome that is at odds with Mr. Trump’s goal of stemming inflation by reducing the cost of energy. Oil companies won’t spend money on [U]production, which is already near record levels in the United States[/U], if they are not confident that they can make money from the extra fuel they churn out. (emphasis added)

Further complicating the president’s efforts to increase domestic production is that the industry generally is more focused on keeping spending in check than it was during his first term. Wall Street firms used to invest in fracking companies that grew quickly. Now, investors want to back profitable operators.
...
U.S. oil and gas production rose to record heights under Mr. Biden...."

President's have very little control over gas prices...................

The market & global issues pretty much dominate that. Something everyone likes to ignore.

Ran it down to 30 miles range left before I used my rewards (y)

04/02/25 - $2.96
Today - $3.16

04/03/25 - $2.96
Today - $3.16

Damm it I thought today was 4/03/25 I been putting the wrong date on checks all day

Damm it I thought today was 4/03/25 I been putting the wrong date on checks all day

He might have got a little too aggressive pulling on his limp noodle at the computer and typed an error. He feels good that gas MIGHT be up a bit. Negativity.

BJ’s Bellport $2.75 yesterday

BJ's Riverhead was $2.93 a little while ago, was $2.84 at 6:30 this morning