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Mar 1, 2022 09:44:12   #
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.........................................................................................)

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Mar 1, 2022 09:51:47   #
BigDaddy Loc: Pittsburgh, PA
 
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?

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Mar 1, 2022 09:57:19   #
whatdat Loc: Del Valle, Tx.
 
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.

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Mar 1, 2022 10:01:24   #
whatdat Loc: Del Valle, Tx.
 
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).

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Mar 1, 2022 10:11:48   #
Sirsnapalot Loc: Hammond, Louisiana
 
KindaSpikey wrote:
I have no words!


Elections have consequences………

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Mar 1, 2022 10:13:07   #
Sirsnapalot Loc: Hammond, Louisiana
 
BigDaddy wrote:
By "electric" I assume you mean "coal" powered?



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Mar 1, 2022 10:14:51   #
sgt hop Loc: baltimore md,now in salisbury md
 
currently $3.59 here in salisbury md for regular......

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Mar 1, 2022 10:15:17   #
Sirsnapalot Loc: Hammond, Louisiana
 
Canisdirus wrote:
lol...it's the govt.



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Mar 1, 2022 10:20:02   #
Sirsnapalot Loc: Hammond, Louisiana
 
sourdough58 wrote:
Boy, if only there was a way that we could be energy sufficient with oil from our USA land without giving our money to countries that want to kill us.



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Mar 1, 2022 10:20:11   #
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.

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Mar 1, 2022 10:20:48   #
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.”

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Mar 1, 2022 10:23:45   #
Robert Willson Loc: Palmetto, Florida
 
This is how the present government will get you to buy an EV. But then a shortage of charging stations.

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Mar 1, 2022 10:25:47   #
Sirsnapalot Loc: Hammond, Louisiana
 
yssirk123 wrote:
Wouldn't it be nice if we had built a pipeline to supply us with cheap oil......Oh, Wait



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Mar 1, 2022 10:32:34   #
jerryc41 Loc: Catskill Mts of NY
 
Curmudgeon wrote:
OMG that must be somewhere in California


CA and HI are always high. This is becoming a world-wide problem.

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Mar 1, 2022 10:33:57   #
jerryc41 Loc: Catskill Mts of NY
 
sgt hop wrote:
currently $3.59 here in salisbury md for regular......


$3.85 in upstate NY.

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