Gas prices look like it will be a non-issue in 2024. One less gimmick in the GOPs unlimited card monte game of issues they parade around. I just paid $2.87 for gas today and most projections have gasoline dropping over the next year - including nationally sub $3 on election night 2024. By the way. We are the world’s richest nation with the 72nd highest gas prices per liter. Price Rankings by Country of Gasoline (1 liter) (Transportation) So you know what that means right? Yep… Immigrant Caravans coming for your women…. Looming migrant caravan re-ignites Republican demands for changes at the border: 'Brace for the impact' EIA expects U.S. gasoline and diesel retail prices to decline in 2023 and 2024
Wow. If that holds, the real price of gas will be lower than it was in Jan 2020, pre-pandemic, when Trump was president.
Voters generally have very short memories. They generally look at conditions the past six months, and not much farther back. It's why Reagan in 1983, or Obama in 2011 seemed to be in danger of losing re-election. But both won rather handily, with Reagan in an absolute landslide. If gas prices are this low starting this summer, and the economy is still humming, Biden will be difficult to beat.
Diesel still appears to have some bottleneck issues, which is important for downstream expense impacts. Does one of our resident oil experts care to explain what's keeping diesel so much higher and what is being or could be done to drive that cost down, as well?
I'm not an oil expert by any means but I think that diesel comes from the heavier crude oils and is more expensive to refine. While the light sweet crude produces more gasoline and is cheaper to refine.
I think it's related to Communism or open borders or woke stuff or Biden not knowing what day it is or the vaccine or transgenders or something