Gas prices will fall below $3 per gallon in 2022, government projections say.

G

gemini104104

Verified User
Despite repukes, their brainwashed and ignorant supporters and the anti-Biden media spewing out misguided and bogus claims at blaming President Biden for fluctuations in gas prices, it is projected that gas prices will decline, and even though it's not a president that sets gas prices for the following reasons: "The price of gasoline is made up of four factors: taxes, distribution and marketing, the cost of refining, and crude oil prices. Of these four factors, the price of crude oil accounts for nearly 70% of the price you pay at the pump, so when they fluctuate (as they often do), we see the effects." President Biden deserves vindication against a mob of idiots who conspire in heinous and recklessness to fart out libelous forms of lies, disinformation and common bullshit against the legitimate Biden administration, Democracy and civilization. Yet the tRump sewer conspiring dogs of intentional misinformation are always on board to kiss the ass of lawlessly hacked in tRump squatter and criminal against humanity. This in order to attack the integrity of the Biden Administration and play their tRump poisoned base as suckers who prey on their stupidity and ignorance to believe what these faux media type sources feed them. This includes tRump's brainwashed base who continue to die off as a result of falling victim to their own anti vax and anti-mask idiocy as a result of the un-American media and other types of insanity that corrupts the minds of many, which is uncivilized, un-American and unGodly:

Across the country, Americans may see lower gas prices at the pump in 2022.

On Tuesday, the U.S. Energy and Information Administration projected that retail gasoline prices would average $3.13 per gallon in December before falling to $3.01 per gallon in January.

The EIA expects prices to continue to drop, forecasting the annual, national average to be $2.88 per gallon in 2022.

To put the incoming estimates into perspective, according to the EIA:

November U.S. retail gasoline prices were the highest seen since September 2014.
At an average of $3.39 per gallon in November, prices at the pump increased by 10 cents per gallon since October and $1.29 per gallon since November 2020.
The annual average for 2020 was $2.18 per gallon, in comparison to $2.60 per gallon in 2019 and a projected average of $3.00 for 2021."

https://www.usatoday.com/story/money/2021/12/08/gas-price-drop-expected-2022/6430657001/
 
Last edited:
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What it says ... Gas prices will fall below $3 per gallon in 2022, government projections say. .... What it SHOULD say ... Gas prices will fall below $30 per gallon in 2022, government projections say.
 
gemini104104 said:
Despite repukes, their brainwashed and ignorant supporters and the anti-Biden media spewing out misguided and bogus claims at blaming President Biden for fluctuations in gas prices, it is projected that gas prices will decline, and even though it's not a president that sets gas prices for the following reasons: "The price of gasoline is made up of four factors: taxes, distribution and marketing, the cost of refining, and crude oil prices. Of these four factors, the price of crude oil accounts for nearly 70% of the price you pay at the pump, so when they fluctuate (as they often do), we see the effects." President Biden deserves vindication against among a mob of idiots who conspire in heinous and recklessness to fart out libelous forms of lies, disinformation and common bullshit. This in order to attack the integrity of the Biden Administration and play their base as suckers who they prey on their stupidity to believe what these faux media type sources feed them:

Across the country, Americans may see lower gas prices at the pump in 2022.

On Tuesday, the U.S. Energy and Information Administration projected that retail gasoline prices would average $3.13 per gallon in December before falling to $3.01 per gallon in January.

The EIA expects prices to continue to drop, forecasting the annual, national average to be $2.88 per gallon in 2022.

To put the incoming estimates into perspective, according to the EIA:

November U.S. retail gasoline prices were the highest seen since September 2014.
At an average of $3.39 per gallon in November, prices at the pump increased by 10 cents per gallon since October and $1.29 per gallon since November 2020.
The annual average for 2020 was $2.18 per gallon, in comparison to $2.60 per gallon in 2019 and a projected average of $3.00 for 2021."

https://www.usatoday.com/story/money/2021/12/08/gas-price-drop-expected-2022/6430657001/
Click to expand...

Wait, are you celebrating this? If global warming is an existential crisis why do you want lower gas prices?

(Paid over $5/ gallon today. Going to drop to $3 in a year? Make it happen captain.)
 
gemini104104 said:
Despite repukes, their brainwashed and ignorant supporters and the anti-Biden media spewing out misguided and bogus claims at blaming President Biden for fluctuations in gas prices, it is projected that gas prices will decline, and even though it's not a president that sets gas prices for the following reasons: "The price of gasoline is made up of four factors: taxes, distribution and marketing, the cost of refining, and crude oil prices. Of these four factors, the price of crude oil accounts for nearly 70% of the price you pay at the pump, so when they fluctuate (as they often do), we see the effects." President Biden deserves vindication against among a mob of idiots who conspire in heinous and recklessness to fart out libelous forms of lies, disinformation and common bullshit. This in order to attack the integrity of the Biden Administration and play their base as suckers who they prey on their stupidity to believe what these faux media type sources feed them:

Across the country, Americans may see lower gas prices at the pump in 2022.

On Tuesday, the U.S. Energy and Information Administration projected that retail gasoline prices would average $3.13 per gallon in December before falling to $3.01 per gallon in January.

The EIA expects prices to continue to drop, forecasting the annual, national average to be $2.88 per gallon in 2022.

To put the incoming estimates into perspective, according to the EIA:

November U.S. retail gasoline prices were the highest seen since September 2014.
At an average of $3.39 per gallon in November, prices at the pump increased by 10 cents per gallon since October and $1.29 per gallon since November 2020.
The annual average for 2020 was $2.18 per gallon, in comparison to $2.60 per gallon in 2019 and a projected average of $3.00 for 2021."

https://www.usatoday.com/story/money/2021/12/08/gas-price-drop-expected-2022/6430657001/
Click to expand...

None of this matters even if it were true. No one likes Biden, get over it. Gas could go down to $1 per gallon and Brandon would still take shit. He was a lame duck from the fucking beginning. He's never going to be popular. Now eat shit and die.
 
cawacko said:
Wait, are you celebrating this? If global warming is an existential crisis why do you want lower gas prices?

(Paid over $5/ gallon today. Going to drop to $3 in a year? Make it happen captain.)
Click to expand...

Who is talking about celebrating and why do you refuse to consider atrocities of the former lawlessly hacked in tRump insurgency from hell that created extreme problems when it comes to the supply chain issue and oil production, etc. You tRump kissers should understand that your golden idol tRump after calling all of you stupid, uneducated and easy to manipulate after getting your voter goat, tRump further enabling the covid murder of over 800,000 Americans due to intentional incompetency demonstrates that tRump's legacy is a legacy of death to humanity and anything else of a civilized nature on Earth. Upon the majority giving the lawlessly hacked in tRump tyrant the boot in 2021, it took the Biden Administration to curve that tRump et al crime against humanity atrocity when it comes to exceeding tRump's failures at this point with over 300 million vaccines and boosters administered in America. Anyway, consider the following when it comes to oil mining policies from the lawlessly hacked in tRump insurgency of shit!

Facts First: Trump's comments about the health of the US oil sector are highly misleading. The industry remains beset by relatively low prices and weak gasoline demand due to the reduced driving people have done during the coronavirus pandemic. The pain is only just beginning to ripple through the industry in the form of bankruptcies and layoffs. The number of oil and gas rigs in operation in the US is almost four times lower than it was a year ago. The price of oil is still 30% lower than where it was in January, and domestic crude production is down by about 2 million barrels a day from its pre-Covid peak.
"The oil and gas industry is on its back," Philip Verleger, an energy markets expert and former senior research scholar at Yale University, told CNN.

"A lot of companies have started reporting their financials, and they're just horrible," Verleger said, adding that "this industry is going to shrink and going to shrink dramatically unless global prices go up."
Other experts agreed, pointing specifically to the number of drill rigs currently operating in the US."

Fact checking Trump's claims that the US oil and gas industry is 'back' and 'expanding.' He's wrong.

https://www.cnn.com/2020/08/03/politics/donald-trump-oil-and-gas-is-back-fact-check/index.html
 
Texas refinery blast could help push gas prices above $4 a gallon

This will be a wildcard on gasoline prices too?!! Also the extreme winter weather in Texas early this year took some of the largest refineries offline which lead to higher crude oil prices and gasoline prices too?!!

New York (CNN Business) The blast at a Texas oil refinery early Thursday will probably push already high gasoline prices even higher — although not immediately.

The blast and resulting fire at the ExxonMobil (XOM) plant in the Houston-area city of Baytown, Texas, injured at least four workers. The accident could hamper output at one of America's largest refineries for months, weighing on gasoline supply at at time when US refining capacity has already been reduced, said Tom Kloza, chief oil analyst for the Oil Price Information Service.

"They're not going to have all systems go for a couple of quarters," he said.

The average price for a gallon of regular gas now stands at $3.29, down 11 cents from a month ago, but still up $1.05 per gallon, or 47%, from a year ago. Gas prices have been a major factor in the rate of inflation hitting a 39-year high.

https://www.cnn.com/2021/12/23/energy/gas-prices-texas-refinery-blast/index.html

​
cjones05152021.jpg

 
gemini104104 said:
Despite repukes, their brainwashed and ignorant supporters and the anti-Biden media spewing out misguided and bogus claims at blaming President Biden for fluctuations in gas prices, it is projected that gas prices will decline, and even though it's not a president that sets gas prices for the following reasons: "The price of gasoline is made up of four factors: taxes, distribution and marketing, the cost of refining, and crude oil prices. Of these four factors, the price of crude oil accounts for nearly 70% of the price you pay at the pump, so when they fluctuate (as they often do), we see the effects." President Biden deserves vindication against a mob of idiots who conspire in heinous and recklessness to fart out libelous forms of lies, disinformation and common bullshit against the legitimate Biden administration, Democracy and civilization. Yet the tRump sewer conspiring dogs of intentional misinformation are always on board to kiss the ass of lawlessly hacked in tRump squatter and criminal against humanity. This in order to attack the integrity of the Biden Administration and play their tRump poisoned base as suckers who prey on their stupidity and ignorance to believe what these faux media type sources feed them. This includes tRump's brainwashed base who continue to die off as a result of falling victim to their own anti vax and anti-mask idiocy as a result of the un-American media and other types of insanity that corrupts the minds of many, which is uncivilized, un-American and unGodly:

Across the country, Americans may see lower gas prices at the pump in 2022.

On Tuesday, the U.S. Energy and Information Administration projected that retail gasoline prices would average $3.13 per gallon in December before falling to $3.01 per gallon in January.

The EIA expects prices to continue to drop, forecasting the annual, national average to be $2.88 per gallon in 2022.

To put the incoming estimates into perspective, according to the EIA:

November U.S. retail gasoline prices were the highest seen since September 2014.
At an average of $3.39 per gallon in November, prices at the pump increased by 10 cents per gallon since October and $1.29 per gallon since November 2020.
The annual average for 2020 was $2.18 per gallon, in comparison to $2.60 per gallon in 2019 and a projected average of $3.00 for 2021."

https://www.usatoday.com/story/money/2021/12/08/gas-price-drop-expected-2022/6430657001/
Click to expand...

What great news. Now that poopy pants has taken us from a net exporter to importing oil, when will they go back to Trumps $2.00 standard?
 
We have been through this same cycle now three times. Democrats drop gasoline prices down slowly, and then Republicans raise them again. We are slightly below where we were when Bush was in office.

This time might be different. trump allowed a huge market failure for oil, which will not be forgotten any time soon.
 
gemini104104 said:
Despite repukes, their brainwashed and ignorant supporters and the anti-Biden media spewing out misguided and bogus claims at blaming President Biden for fluctuations in gas prices, it is projected that gas prices will decline, and even though it's not a president that sets gas prices for the following reasons: "The price of gasoline is made up of four factors: taxes, distribution and marketing, the cost of refining, and crude oil prices. Of these four factors, the price of crude oil accounts for nearly 70% of the price you pay at the pump, so when they fluctuate (as they often do), we see the effects." President Biden deserves vindication against a mob of idiots who conspire in heinous and recklessness to fart out libelous forms of lies, disinformation and common bullshit against the legitimate Biden administration, Democracy and civilization. Yet the tRump sewer conspiring dogs of intentional misinformation are always on board to kiss the ass of lawlessly hacked in tRump squatter and criminal against humanity. This in order to attack the integrity of the Biden Administration and play their tRump poisoned base as suckers who prey on their stupidity and ignorance to believe what these faux media type sources feed them. This includes tRump's brainwashed base who continue to die off as a result of falling victim to their own anti vax and anti-mask idiocy as a result of the un-American media and other types of insanity that corrupts the minds of many, which is uncivilized, un-American and unGodly:

Across the country, Americans may see lower gas prices at the pump in 2022.

On Tuesday, the U.S. Energy and Information Administration projected that retail gasoline prices would average $3.13 per gallon in December before falling to $3.01 per gallon in January.

The EIA expects prices to continue to drop, forecasting the annual, national average to be $2.88 per gallon in 2022.

To put the incoming estimates into perspective, according to the EIA:

November U.S. retail gasoline prices were the highest seen since September 2014.
At an average of $3.39 per gallon in November, prices at the pump increased by 10 cents per gallon since October and $1.29 per gallon since November 2020.
The annual average for 2020 was $2.18 per gallon, in comparison to $2.60 per gallon in 2019 and a projected average of $3.00 for 2021."

https://www.usatoday.com/story/money/2021/12/08/gas-price-drop-expected-2022/6430657001/
Click to expand...

And if the EIA report said gasoline prices would be staying over $3 a gallon?

Would you still create a thread about it?


Why don't you just wait until 2022 and see what happens?
 
These sorts of guesses from the government are nearly useless....too much incompetence and too much lying has taken place.
 
The blast at a Texas oil refinery early Thursday will probably push already high gasoline prices even higher — although not immediately.

The blast and resulting fire at the ExxonMobil (XOM) plant in the Houston-area city of Baytown, Texas, injured at least four workers. The accident could hamper output at one of America's largest refineries for months, weighing on gasoline supply at at time when US refining capacity has already been reduced, said Tom Kloza, chief oil analyst for the Oil Price Information Service.
"They're not going to have all systems go for a couple of quarters," he said.
Click to expand...
https://www.cnn.com/2021/12/23/energy/gas-prices-texas-refinery-blast/index.html


This is after we lost 4.5% of refining capacity in the pandemic.

The government projection is likely completely wrong if not outright BullShit.
 
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