Gas prices falling

evince said:
https://www.cbsnews.com/news/gas-station-prices-oil-fuel-cost/



Gas prices are now below $3 a gallon in eight states, including Georgia at $2.93 and Mississippi and Texas at $2.94, according to fuel tracker GasBuddy. That's likely to continue given the market's dynamics, which means drivers in additional states are likely to see their local gas prices drop below $3 a gallon — providing some pocketbook relief as the holidays approach and more Americans take to the roads, according to experts.
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Gas is $2.79 a gallon where I am?!!:good4u:
 
Evince

Gas prices are now below $3 a gallon in eight states, including Georgia at $2.93 and Mississippi and Texas at $2.94, according to fuel tracker GasBuddy. That's likely to continue given the market's dynamics, which means drivers in additional states are likely to see their local gas prices drop below $3 a gallon — providing some pocketbook relief as the holidays approach and more Americans take to the roads, according to experts.
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The average gas price in the U.S. as of Nov. 6 2024 is $3.418 per gallon, according to AAA. The average price of gasoline in the United States in January 2020 was $2.537 per gallon.

Texas gasoline is almost always lower than the national average because of lower shipping cost and lower state gasoline taxes. Gasoline is 88.1 cents higher now than when Biden took office.

So if your tank is 20 gallons every time you fill up Joe Biden just cost you an extra $17.62

Thanks Joe

:facepalm:
 
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T. A. Gardner said:
When gas prices fall another dollar to at or below where they were when Bribem took office, I might give him some credit. Right now, the credit he deserves is for having a hand in raising gas prices somewhere between 50 and 100% over what they were when he took office.
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If we put a few million out of work, as the last guy did, we can once again have super low prices.
 
T. A. Gardner said:
When gas prices fall another dollar to at or below where they were when Bribem took office, I might give him some credit. Right now, the credit he deserves is for having a hand in raising gas prices somewhere between 50 and 100% over what they were when he took office.
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So, the OP was bad news then?
 
Walt said:
For there to be 30% increase over 33 months, there would need to be an average of 10% inflation a year. Your own link shows that we peaked at 9.1%, and averaged about 6%. There is no way to get an average of 10% with a peak of 9.1%. That is just reality.

We are currently bouncing between 3% and 4%, much lower than the double digit inflation you claim. It is higher than we want, but not only are we not as bad as you claim, it has been 40+ years since we have been as bad as you claim.
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You are a mathematical illiterate. If inflation were 9.1% for two months, then it fell to say 6% for 10 months, the total inflation would be the sum of those monthly inflation rates. The annual rate would be the sum of that.

So, the cumulative total of inflation is close to 30%.
 
Geeko Sportivo said:
Just wanted to mention that some brands of gasoline switch out their gasoline that does not include alcohol additives in the fall, and replaces it with the gasoline with alcohol, and it lowers the price. Gasoline with alcohol additives lowers the price of Gasoline.

They will switch back next Spring with the more expensive gasoline without the alcohol!

This is the reason why the price of gasoline always goes down in the Fall and Winter months, and becomes more expensive in the Spring through the Summer months.

Not all brands do this, as some like Racetrack and Murphy's, for example, sell the gasoline with the alcohol additive year round.

Alcohol evaporates at a faster rate than Gasoline while transferring during the hottest months of the year, so the major Gasoline brands only sell the alcohol added to the gasoline during the coolest months of the year.
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Nope. Ethanol is added to increase the octane rating not the RVP Ethanol reduces pre-ignition. Winter blend is less expensive because it has more butane in it. And butane is less expensive and helps with winter starting. Also the more ethanol gasoline has in it the worse gas mileage a car will get. Regular gas is 10% ethanol. I have a supercharged Shelby and I run E85 in it because it prevents pre-ignition at high boost.
 
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NiftyNiblick said:
Fox doesn't "report."

Fox entertains mutants.
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show001.jpg


(Imagine if this was trying to suck your dick)
 
T. A. Gardner said:
You are a mathematical illiterate. If inflation were 9.1% for two months, then it fell to say 6% for 10 months, the total inflation would be the sum of those monthly inflation rates. The annual rate would be the sum of that.
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That is not how it works. If inflation is at 9.1% for a month, that is an annualized rate of 9.1% for a month. So it means that prices went up by 0.728% that month.

Even if the first part of what you claim were right, which it most definitely is not, then it would not be the sum. Inflation builds on inflation, much like compound interest. It is the rates multiplied by each other, so 1.091*1.091*1.06*1.06*...

The irony is you are so sure of your intelligence, because you are so ignorant.

T. A. Gardner said:
So, the cumulative total of inflation is close to 30%.
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Over the 33 months of the Biden Presidency, inflation has averaged about 6%, so using your formula cumulative inflation would be 198%... 6% times 33.
 
ExpressLane said:
Nope. Ethanol is added to increase the octane rating not the RVP Ethanol reduces pre-ignition. Winter blend is less expensive because it has more butane in it. And butane is less expensive and helps with winter starting. Also the more ethanol gasoline has in it the worse gas mileage a car will get. Regular gas is 10% ethanol. I have a supercharged Shelby and I run E85 in it because it prevents pre-ignition at high boost.
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Alcohol does a good job of keeping the carbon cleaned off of piston and valve tops.

That is unless you actually like the extra compression that a build up of carbon on the pistons provides you!

But too much carbon on the valves makes them build up heat and will burn them eventually!

You better slow that Mustang DOWN and put yo flat feet on the GROUND!
 
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