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Online mystery-ak

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Gas could soon fall below $4 a gallon, says Biden energy advisor
« on: July 17, 2022, 09:20:20 pm »
 Gas could soon fall below $4 a gallon, says Biden energy advisor
by Brad Dress - 07/17/22 4:56 PM ET

A top White House energy advisor on Sunday said gas prices could soon fall below $4 per gallon on average.

Amos Hochstein told CBS’ “Face the Nation” host Margaret Brennan he expects the national average of $4.53 per gallon to come down and inch closer to $4 per gallon in the coming weeks.

Hochstein, the senior adviser of energy security to the Biden administration, said many gas stations were already selling has at less than $4 per gallon.

“This is the fastest decline rate that we’ve seen against a major increase of oil prices during a war in Europe, where one of the parties in the war is the third-largest producer in the world,” said Hochstein, referring to Russia. “These are extraordinary circumstances.”

President Biden has seen his overall job approval ratings fall below 40 percent as Americans face record high gas prices and the highest overall inflation in decades.

Biden is releasing one million barrels of oil a day from a national stockpile to help ease prices and has called for Congress to suspend the federal gas tax, though the request has gained little traction.

more
https://thehill.com/homenews/sunday-talk-shows/3563292-gas-could-soon-fall-below-4-a-gallon-on-average-says-biden-energy-advisor/
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Offline IsailedawayfromFR

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #1 on: July 17, 2022, 10:12:13 pm »
Even when California raises its gas taxes?

Newsome must not have gotten the memo
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Offline libertybele

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #2 on: July 17, 2022, 10:17:49 pm »
....and we're supposed to be thrilled with gas below $4?  No!! I'll be thrilled when gas is under $2.50 which was appx. the average cost per gal. when Trump left office.

We need to be energy independent again, period!!
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Offline catfish1957

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #3 on: July 18, 2022, 12:55:10 pm »
Weak El Nina has often resulted in some of our worst hurricane seasons.

Want to see $150-$200/bbl oil?, and $8.00 a gallon gas?

Watch for a Cat 3-5 storm to hit even one of five refining complexes in Gulf Coast from Corpus-Houston-Port Arthur-Lake Charles-NOLA this August or September.
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Offline Kamaji

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #4 on: July 18, 2022, 12:55:45 pm »
And what is the reason behind the fall?
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Offline catfish1957

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #5 on: July 18, 2022, 12:58:06 pm »
Quote from: Kamaji on July 18, 2022, 12:55:45 pm
And what is the reason behind the fall?

Reduced consumption.  Pedo Joe's plan all along.

But like a said a thread earlier, all you need is one catastrophic weather event, or something go boom geo-politically,and........
« Last Edit: July 18, 2022, 12:59:05 pm by catfish1957 »
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Offline Kamaji

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #6 on: July 18, 2022, 12:59:20 pm »
Quote from: catfish1957 on July 18, 2022, 12:58:06 pm
Reduced consumption.  Pedo Joe's plan all along.

Maybe so, but reduced consumption is not really the result of good government economic policies, so it isn't something for pedo-joe to crow about.
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Offline catfish1957

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #7 on: July 18, 2022, 01:02:45 pm »
Quote from: Kamaji on July 18, 2022, 12:59:20 pm
Maybe so, but reduced consumption is not really the result of good government economic policies, so it isn't something for pedo-joe to crow about.

Yep, except they see destruction of the fossil fuel industry as "good policy" 

The nation hasn't really seen the impending doom if even 10% of the nation's fleet of vehciles converts to EV's.  Brown/Black outs are common now.  Just think what will happen when the demand on the grid goes up 25-50%
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I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline Kamaji

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #8 on: July 18, 2022, 01:04:53 pm »
Quote from: catfish1957 on July 18, 2022, 01:02:45 pm
Yep, except they see destruction of the fossil fuel industry as "good policy" 

The nation hasn't really seen the impending doom if even 10% of the nation's fleet of vehciles converts to EV's.  Brown/Black outs are common now.  Just think what will happen when the demand on the grid goes up 25-50%

:thumbsup:
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Offline DefiantMassRINO

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #9 on: July 18, 2022, 01:07:13 pm »
... unless a major hurricane hits the Gulf of Mexico, the Russians hack a pipeline, or a refinery shutdowns due to maintenance or an accident, or a refiner files for bankruptcy protection because of accrued Federal eco-fuel mandate penalties, or the Houston shipping channel gets blocked, yadda yadda yadda

Dont' count your $4/gallon gasoline eggs before the elections and hurrican season hatch.
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Offline Free Vulcan

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #10 on: July 18, 2022, 01:21:29 pm »
$3.60 is the low up around Des Moines right now.
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Offline LMAO

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #11 on: July 18, 2022, 01:33:47 pm »
Quote from: catfish1957 on July 18, 2022, 12:58:06 pm
Reduced consumption.  Pedo Joe's plan all along.

But like a said a thread earlier, all you need is one catastrophic weather event, or something go boom geo-politically,and........

Plus Recession predictions
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Offline GtHawk

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Re: Gas could soon fall below $4 a gallon, says Biden energy advisor
« Reply #12 on: July 18, 2022, 06:44:45 pm »
Quote from: Free Vulcan on July 18, 2022, 01:21:29 pm
$3.60 is the low up around Des Moines right now.
Around me in Huntington Beach, CA it's 5.299 at Costco and 5.399 at Arco, the majors are .50 and more higher.
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