Gas Prices

Obama has ramped up U.S. petro production to it's highest level in 30 years.

Notice no summer gas price spike this year.
 
By now every driver knows the drill: The price of gasoline ratchets up, there's an outcry among motorists who feel gouged at the pump and then things settle down as the higher price becomes the new normal.

Well, AAA has come up with a sobering statistic: the average price of gasoline will surpass $3 per gallon Tuesday for the 1,000th consecutive day. That's never happened before, the motoring organization says.

In case you're wondering, the current streak began on Dec. 23, 2010. Today, the national average for a gallon of regular is $3.52, according to AAA's daily price tracking service. That's a nickel a gallon less than the average so far this year. And unless there's another recession, AAA forecasts that a price floor of $3 a gallon is basically here to stay.

"Paying less than $3.00 per gallon for gasoline may be automotive history for most Americans, like using 8-track tapes or going to a drive-in movie," said Bob Darbelnet, CEO of AAA. "The reality is that expensive gas is here to stay."

If there's any good news here at all, it's that with the prospect of U.S. attack on Syria diminished, gas prices could moderate, but they won't fall below $3 a gallon, says Patrick DeHaan of the group-sourced gas price reporting site GasBuddy.com.

"The market took a chill pill and is reacting as I would expect to the prospect of a peaceful resolution," he says. "I could see the national average in the very low $3 (a gallon range) by the time we're talking about last minute Christmas shopping."

Also, while prices haven't dropped below $3 a gallon for 1,000 days, they also haven't averaged above $4 a gallon. But they were above $3.75 a gallon for 189 days.

The $3-a-gallon threshold didn't start until Hurricane Katrina slammed into the Gulf Coast, devastating oil rigs and New Orleans, in September, 2005.

http://www.cnbc.com/id/101039695
 
Last edited:
Obama  Private land owners has ramped up U.S. petro production to it's highest level in 30 years.

Notice no summer gas price spike this year.
fixed.

obama and da federal government have issued less and less drilling leases on public

lands, but da private investors have been striking gold with new drilling technologies.

HOPEFULLY da GOP can insert keystone XL approval language into da forth coming

debt limit negotiations which they wrangle over da defunding of obamacare...
 
fixed.

obama and da federal government have issued less and less drilling leases on public

lands, but da private investors have been striking gold with new drilling technologies.

HOPEFULLY da GOP can insert keystone XL approval language into da forth coming

debt limit negotiations which they wrangle over da defunding of obamacare...

they are plenty of other pipeline projects as well besides XL as well that are not so popularized.

My only deal is that all this domestic drilling is gonna make stateside look more and more like a 3rd world country
 
should have hit the freestate off 198 yesterday...it was $3.28 or so...place was crazy packed
 
These prices bruh.....

20181228_063654.jpg


giphy.gif
 
Back
Top Bottom