$10+ Gas

[eljefino]

And where exactly will the rest of that crude oil go which was used to make diesel?

That will also make diesel.

There's a refinery in Philly that's partially shut down because they used to make a Russian blend of crude into diesel, as noted in the link on page 1.

When the others crack crude, they have some discretion over what comes out, and they will be tuning for more diesel if they aren't already.

 

[PPLd]

We have been paying about USD$12/gal in my country for years...

 

[edyvw]

How will they fly at night? Batteries?

If you wish hard enough it will happen

 

[ripcord]

How will they fly at night? Batteries?

They have Rudolph and Dasher on contract for evening flights

 

[Vern_in_IL]

THIS is what we need right now:

 

[kschachn]

The upcoming Boeing 797 will be covered with solar panels, jet engines will be replaced with electric motors and propellers.

Do you know anything about basic physics? Or do you just post compete and utter nonsense?

 

[dareo]

Nobody blaming futures traders?! They are at least partially to blame for some of this overprice.

 

[Shel_B]

Local Chevron has Premium at $ 6.95. 89 at $6.85, and 87 at $6.65.

That's more expensive than the Chevrons in my area: 87 is $6.49 and $6.55

 

[Dave Hess]

They said 2 years ago they wanted $10 a gal gas. I have a bad back from bending over so much.

$10 a gallon just might be a possibility in places like California and the NE USA.

Things might get bad if _____ happens.

 

[Malo83]

That's more expensive than the Chevrons in my area: 87 is $6.49 and $6.55

Check out LA gas prices.

 

[Shel_B]

Interesting comparisons:

AAA Gas Prices

gasprices.aaa.com

 

[Vern_in_IL]

Well, SOME STATES have suspended their gas tax, Illinois gas tax increases!

 

[Wolfshead]

I saw gas jump .20 in a few hours yesterday at a Kroger in mid Tn.

 

[Wolfshead]

While in Aldi Yesterday the Wife saw a whole Watermellon priced at 7.49 ! She was amazed ! (It was Not Organic either).

 

[2strokeNorthstar]

This is one way to end the truck & suv shortages

 

[Hermann]

Right now gas is selling for less in KC, than the wholesale price that is being traded on the commodity markets. Some phony baloney going on here. IMO

 

[wemay]

This morning..

 

[Skippy722]

Interesting comparisons:

AAA Gas Prices

gasprices.aaa.com

I like how a 20 mile round trip for me results in a 40 cent price reduction… almost worth it.

 

[Chris142]

The pricing and availability all starts at the top. When you stop production,drilling etc there are going to be consequences.

 

[ripcord]

As bad as the oil production side is for the cost equation, there is the double whammy of declining fuel refining capacity. Refinery output and capacity declined during the shutdown and has not recovered to pre-COVID levels.

The long term outlook is not good, either. The last new refinery in the US went online in 1977. We've had a number of refineries demolished or converted to other uses, and the combined output of all US refineries are running at 90% capacity, which is difficult to maintain long term.

Why Diesel-Fuel Costs Are Really Rising | National Review

We’re taking a deep dive into why diesel-fuel costs are rising so quickly — and no, President Biden, it’s not just because oil companies are ‘greedy.’

www.nationalreview.com