DirtFarmer
Loc: Escaped from the NYC area, back to MA
StanMac wrote:
Time to go electric!...
The oil price is representative of the price for energy, not just oil.
Plus all the other products that come from petroleum (fabrics, medicines, fertilizers, plastics.........................................................................................)
StanMac wrote:
Time to go electric!
Interesting spread between the different octane ratings. Here there is at least a $.30 - &.40 spread between 87 and 89 octane, and as much as $.50 more for the 92 octane.
Stan
By "electric" I assume you mean "coal" powered?
KindaSpikey wrote:
Yup you nailed it, sunny San Diego! (that's what nice weather costs)!
Ray.
Nope. That’s what happens when you have the kind of people making laws like there is in California. Not being snarky; just the way it is.
Fotoserj wrote:
Greed, only greed from the petroleum cie.
Nope. That happens when someone takes us from being a net exporter to a net importer (some of it from our enemies).
KindaSpikey wrote:
I have no words!
Elections have consequences………
sgt hop
Loc: baltimore md,now in salisbury md
currently $3.59 here in salisbury md for regular......
LDB415
Loc: Houston south suburb
Filled up yesterday for $3.199 for regular. 18-20 months ago regular was $1.549. But at least we don't have mean tweets now.
TriX
Loc: Raleigh, NC
whatdat wrote:
Nope. That happens when someone takes us from being a net exporter to a net importer (some of it from our enemies).
Per the EIA: (
https://www.eia.gov/todayinenergy/detail.php?id=51338 )
“Following its historic shift to being a net exporter of petroleum in 2020, the United States continued to export more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it imported in 2021. According to our February 2022 Short-Term Energy Outlook (STEO), we expect net crude oil imports to increase, making the United States a net importer of petroleum in 2022.
A country is a net importer if it imports more of a commodity than it exports. Conversely, a country is a net exporter if it exports more of a commodity than it imports. Many factors affect net trade numbers because trade reflects supply and demand conditions both domestically and internationally.
Historically, the United States has been a net importer of petroleum. During 2020, COVID-19 mitigation efforts caused a drop in oil demand within the United States and internationally. International petroleum prices decreased in response to less consumption, which diminished incentives for key petroleum-exporting countries to increase production. This shift allowed the United States to export more petroleum in 2020 than it had in the past.
Also in 2020, the difference between U.S. crude oil imports and exports fell to its lowest point since at least 1985. Net crude oil imports subsequently rose by 19% in 2021 to an average of 3.2 million barrels per day (b/d) as crude oil consumption increased in response to rising economic activity. We forecast that the United States will continue to import more crude oil than it exports in 2022, reaching an estimated annual average of 3.9 million b/d. However, we expect net imports to fall to 3.4 million b/d in 2023. We expect the United States to import less crude oil than it exports in 2023 because we expect domestic crude oil production will increase to an all-time high of 12.6 million b/d.”
This is how the present government will get you to buy an EV. But then a shortage of charging stations.
CA and HI are always high. This is becoming a world-wide problem.
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