Tag Archives: Gas Prices

Happy Days At The Gas Pump Are Over As Prices Soar, by Tyler Durden

Gas prices have been going up since Biden’s inauguration. From Tyler Durden at zerohedge.com:

When the virus pandemic first hit early last year, Americans were locked down in their homes as gasoline demand plunged and prices crashed. Last April, the nationwide average for gasoline was around $2. According to AAA, prices are surging nationwide, up 32 cents in the previous month to $2.796 for regular.

On Monday, regular gasoline in Los Angeles County rose for the 27th consecutive day and 47th time in 48 days, increasing to $3.81, the highest since Dec. 3, 2019. Average prices for crude products in the metro area have been on a tear, resulting in a price shock for many consumers who are still battling food and housing insecurities, along with job loss as they wait for the next round of stimulus checks.

AAA said average gasoline prices in Los Angeles had risen 46.5 cents in the past 48 days.

Happy times at the pump are over as crude product prices continue to rise. 

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The Cost of the (S)election . . . at Every Fill-Up, by Eric Peters

If you’re paying more for gas, and for many other things like food in which gas is part of the cost, thank Joe Biden. From Eric Peters at ericpetersautos.com:

Some probably think it was worth anything to get rid of the Orange Man – who got rid of himself, when you think about it, by not doing anything to prevent the spread of weaponized hypochondria.

But we’re finding out what it’s going to cost us.

Over just the past six weeks or so, the average price of a gallon of gasoline has risen from just over $2 a gallon to almost $3 per gallon. It is more than $3 per gallon in some areas – and is almost certain to get that high – and higher – everywhere else.

(S)elections have consequences.

The new el presidente – Third World jefe form, now appropriate in what was once the first world – sent us the bill almost as soon as he got (s)elected; it just took a few weeks for it to get to us.

He sent us the bill via decrees – these are styled “executive orders” to make them sound less like the decrees of an el presidente-jefe. They included the summary cancellation of the Keystone pipeline and the intimations of similar and more to come – all of them designed to make gasoline more expensive by making it more expensive to get the oil from which it is made.

To prevent as much oil from being produced here as was produced here prior to the selection. This axiomatically increases the scarcity of oil here and thus the price of gas everywhere.

It is very likely to get a great deal more expensive than it already is.

But let’s consider just how much it costs already – without considering how much it is likely to cost soon – and then you can decide whether the selection of the el presidente-jefe was worth it to you.

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Fake News? How About No News? by Eric Peters

You have to dig to find out about France’s Yellow Vest protests and the government’s response to it in this country. From Eric Peters at ericpetersautos.com:

Trump gets flak for characterizing the mainstream press as purveyors of Fake News. But what about no news at all?

Isn’t lack of coverage even worse than biased coverage?

Well, how much news have you heard or read about the gilets jaunes – or “yellow vest” – protests in France? CNN hasn’t got anything on its main page today (Jan. 9). Neither did NBC or CBS. Lots of the usual – endless – carpet-chewing coverage of Trump, though. And also of such important stories as “Want to Pay off Your Mortgage? Try Frugal Minimalism.”

You might think France, a major western European country, coming unglued – and on the verge of its government outright banning “unauthorized” criticism of its actions – might at least be  . . .  well,  news.

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