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Anyone capable of discussing gas without politics? Anyone?

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A talking head ('industry expert' stated last night he expects natl avg to be $5 soon and stay there for a while.. f#@k
Gas was knocking on $2... why screw that up
Between this and another 'industry expert' forecasting heating bills to be up 54% this winter, immense hit to everyone's budget
 
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Last time inflation was over 5% for three months in a row was 2008, just before the crash. It's been over 5% four months in a row currently.

Things are going to start getting interesting in the coming months..

I put $40 in my vehicle for the first time a couple days ago @ $3.29. I've never crossed the $40 threshold with this vehicle!
 
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NJ-Buckeye said:
$1400 a year in the tank for the average car owner becomes $3500 a year...
add in heating gas and oil impact...
add in truckers and downstream impact of their fuel expense on foods and goods...
Click to expand...
Add in massive staff shortages, delivery chain disruptions in all industries, more consistent serious weather impact, etc. It's a rough situation all around.

There's almost no one on team "pay more for gas"

I am on team "don't use stats from when few were using gas"
 
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"don't use stats from when few were using gas" makes my case stronger... $2 gas when usage was lower vs $5 gas when usage is dramatically higher
natural gas is skyrocketing at even a higher pace ($2 in Feb to closing in on $6 now)... rural area folks will be crushed
 
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NJ-Buckeye said:
"don't use stats from when few were using gas" makes my case stronger... $2 gas when usage was lower vs $5 gas when usage is dramatically higher
Click to expand...
$4.00 gas when the bubble burst and the economy lagged
$2.98 gas after that when economy recovered
$2.68 gas right before the pandemic
$2.00 gas when the world was still not fully running
$3.25 gas when the world mostly returned and demand was higher
$5.00 hypothetical number to sell advertisements and keep people mad at specific nouns to not look behind the curtain

Comparing $5 vs $2 sounds really sensational, but the reality is we're $0.57 higher than we were before the pandemic. It certainly could get worse, but let's make reasonable comparisons here.

The main concern is the normal dip in gas prices isn't happening as demand decreases. That's a pretty complicated topic, much like houses and other markets. It would be challenging to meet demand in these circumstances, but there's also a lot of financial incentive to not do so. And in the case of oil, they just had terrifying times and have plenty ahead as well.
 
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You can post all the numbers you want... but Oct 2020 oil was $37 a barrel; today it is $85.. that is indisputable... forecasts are for $100 by Feb
I take it you're an advocate of shutting down the pipeline and all the drilling bans executive orders put in
or you have family in high places in OPEC
 
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