They have all the drilling permits they need, the oil companies are sitting on them. They don't want to drill because that would lower the price of their product. I seem to recall the current admin wanted to get them to "shit or get off the pot", to use a midwestern phrase, and take the permits back to give to someone who will drill.

Doesn't seem like you can sell EV's if gas prices are low. It's all planned!!

You must be in the business?

No, I followed the story and read a lot of articles. Some of this was in TransCanada's filings. Did you know even before the pipeline was halted TransCanada had accidentally leaked 210,000 barrels of tar sands oil (really awful stuff, much worse than regular oil) on North Dakota's soil? It's of no concern to the conversation of high gas prices, but this was going to go over one of our largest American aquifers. More on point, the last TWO administrations both concluded that the Keystone pipeline would have no impact on gas prices. I want to make that clear - the last TWO - both US political parties - found the same thing.

Salesman?

Former California gas station manager John Szczecina said he lost his job over a decimal point error: Instead of listing his station's premium gas price as $6.99 per gallon, he posted a price of 69 cents a gallon.

Drivers soon lined up after friends and family members posted photos on social media and alerted them to the low cost of gas at the Rancho Cordova station — an unheard of price given that the average per gallon cost of regular gasoline is now $5.01 and premium gasoline costs an average of $5.69, according to data from AAA.

"It was a mistake that I did," Szczecina told CBS 13 in Sacramento. "I put all three prices on there except the diesel, but the last one kind of didn't go, you know, right."

They sure do.

Pipeline-Map (resized).png

If you don’t understand simple supply and demand I don’t know what to tell you.

I understand completely! Can you understand failed economic policies?

Perhaps more important than the cost of gas right now is that the USA is running out of oil for Deisel engines. It's estimated that there is enough Deisel Oil til August and the Manufacturing plants are not producing the additives that they need right now to produce the Deisel oil. A trucker typically changes their oil every 2-3 months at a cost of $300-$400 per oil change. This could have a major impact on supply lines....even more than Deisel gas. It's hard to believe that all of this is not planned and designed to destroy the economy and put a real hurting on every single citizen in this country. Companies could easily ramp up production on this stuff......there are no excuses.

Change your station

Are you talking about Diesel fuel itself used for combustion or the oil used to lubricate the moving parts of the engine?

Diesel fuel itself is a byproduct of the crude oil refining process, so if we are refining crude, we are making diesel. It used to just be waste until some guy, last name Diesel designed an engine to run on this byproduct.
And we are continuing to refining crude, so I'm not sure where there is a shortage of the lubrication fluids, other than still ramping up production from the pandemic era shut downs? Unfortunately drilling rigs nor refineries can just instantly turn on their productions.

The petroleum industry ramp up happened quickly - what’s happening right now is that demand for diesel (and specifically the additives) is very very high, because all the OTHER industries are trying to keep up with their own (inflated due to the pandemic lull) demand. It will settle - if only because the global supply chain is still crazy. If more trucks are using diesel, it means boats can’t refuel as often, and stuff won’t make it to the destination as quickly. Global economics is fun! But it’s even more fun when countries are not working together

I don't think it has happened that quick, else why would crude be still greater than $100 per bbl? Our company supplies various items for upstream and downstream production, we are selling crap we have not sold in YEARS. We had a record month the last two months, I mean record from the past 10 years.
I'm further confused by the consumption of the diesel fuel, I continue to read about trucker shortages etc, how did the amount of diesel trucks operating globally double or triple to pre-pandemic levels which would generate such a shortage if the petroleum industry has ramped to pre-pandemic levels?
Is it not simple supply and demand, the global economies have drastically (finally) ramped by up from the pandemic and thus demand for all products from the refining process for crude is still through the roof. Since diesel is a byproduct of the refinement process, and that process has still to ramp to pre-pandemic levels, there is simply less diesel to go around, which is why in my area it is well over $5 / gallon.
I'm not an economist, nor a petroleum engineer, but from where I sit, I've not seen capacity numbers on crude refinement being what it was, I just speak from my experience of selling oil field MRO product.

This is what makes them happy!

I forgot about this tool, does not look like we have come back to where we were pre-pandemic just yet.
But then again, this is the internet where anyone can find anything to defend their point of view.

pasted_image (resized).png

This is a lie. Whoever told you that, was lying to you. The Keystone pipeline was NEVER operational. And both - to be clear, both political parties of the last two administrations found the same thing - the Keystone pipeline would have no measurable effect on gas prices. Look it up, but don't repeat lies from political agendas.

Exactly. https://www.reuters.com/business/energy/global-diesel-shortage-raises-risk-oil-price-spike-kemp-2022-03-11/

"The rapid rebound in economic activity after the first wave of the pandemic and associated lockdowns, and its focus on diesel-intensive manufacturing and freight, has boosted use of the fuel.

At the same time, refiners have restrained crude processing to deplete the excess stocks that built up during the coronavirus recession and adapt to lower demand from passenger airlines for jet fuel.

But the continued depletion of distillate inventories has become unsustainable.

Russia’s invasion of Ukraine and the subsequent boycott of Russian fuel threatens to make diesel shortages worse"

Because our rebound from 2020 has been so successful, supply chains have been straining to catch up. And this is again a global issue, not just us.

I noticed prices at the station I use in CA dropped a dime from last week. Can we hope? Anyway, that's what it is.

Location / Price Drop / Current Average
District of Columbia -$0.15 $5.06
Florida -$0.12 $4.72
Indiana -$0.12 $5.05
Maryland -$0.11 $4.88
South Carolina -$0.11 $4.46
Wisconsin -$0.10 $4.77
Ohio -$0.09 $4.91
Michigan -$0.09 $5.09
Kentucky -$0.09 $4.66
Texas -$0.09 $4.58

Current gas price drops for these states. Sorry the formatting isn't that great.

I just paid ~$4.33 at a Buc-ee's in Florida yesterday.

Monday I gassed up at an Arco just off the 91 Freeway in Cerritos and paid $5.87. Thought I did pretty good until I went north about two miles and found another Arco charging $5.79.
But overall, prices in the area are down about 25 cents a gallon so far in the last week.

The Buc-ee's I have visited are competitive, but not cheaper. The point is they are a big county store from Texas with gifts, BBQ sandwiches, and candy, etc and a giant gas station with 100+ pumps. They are fun to check out and take a break on a road trip, so essentially a tourist trap.

So true!

Cannot see who you responded to, since they are blocked. But don't spread that lie here. The Keystone pipeline was looked at by both a republican and a Democratic administration - so no politics here - and BOTH determined that it would in no way affect gas prices in the US.

On good news, it's great to see the gas prices continuing to fall for the second straight month!

And no politics in our forums.

Gas prices began rising in April of 2020 as a result of supply disruptions brought on by COVID. So, not even close to true. Plus, this is a GLOBAL fuel shortage.

https://www.statista.com/chart/26882/us-energy-costs-natural-gas-gasoline-electricity/

I think you mean 2021 when there was an administration change.
https://turnpikeinfo.com/news/2021/04/

NO, that's exactly what didn't have anything to do with the global gas prices. The chart I posted shows you it started in 2020, under the LAST administration (and nobody in that admin was to blame there either - this is non-political).

Did you even look at the data I posted? You can clearly see fuel prices for every month and year.
I know I won't change your opinion, but you won't change mine either.

Yes, I understand you want to make it political when it isn't. Your site doesn't show the trendline, which is the key thing here. I am not saying the numbers don't match, they probably do. But it's just easier to see in mine. Now, I'd love it to be lower, and in fact, it is falling. But let's stick to the facts, shall we? If you want to believe differently, fine, just accept that you are doing so despite the evidence to the contrary. This is a global issue, but even so, the US still pays less for gas than other first world countries. Being a global issue that started because of and during the COVID pandemic, and then further exacerbated by Russian's invasion of Ukraine, I'm just glad to see the prices going down. I hope they continue, but we are in the summer travel months, so it will be curious to see.

Not making it political, just stating the facts.

Cool, then I misunderstood. And our facts are the same (I'll have to plot your data as a graph to confirm). I just want to make certain we are interpreting the data the same way.

Nothing at all. But I don't see any bad policies to complain about. I just see global issues affecting it all.

What harm would there be if there was a separate forum to discuss politics? If you don't wish to see anything political, don't click on the political forum. Same thing with TV, if I don't like something I just don't watch it. I don't try and stop others from watching something I don't like .
You'd be doing the moderators a big favor,since they wouldn't have to be a watch dog, since anything goes.
Maybe call it the "Anything goes forum.