How much is your local "Trump at the Pump Tax?"

it was up $1.25 in Orlando, but only 65 cents in South Carolina today. seemed like a bargain
it will be about 50 bucks extra to drive home in a 50mpg vehicle

 

When is the last time you looked at historical gasoline prices, say starting 15 years ago? And then look at them corrected to today dollars (add about 50% for 2010 prices.)

 

I buy less than 2 gallons per year. My BMW i3-REx runs the range extender engine every 60 days or so to keep the engine parts lubricated and check for any latent defects. I haven't changed the oil since I bought it about 3-4 years ago. One pair of rear drive tires, windshield wipers, car washes, and window washing fluid.

Bob Wilson

 

What did they call it 3 years ago?

 

OK....
Since oil has fluctuated wildly in price in the intervening 12 years since Russia invaded the Ukies (under Obama in 2014!) might it perhaps be something ELSE this time?

I think we need to put a pin in THIS topic as well and perhaps look a little further down the road than the next Presidential election.
The people who are probably in the greatest peril economically over this fracas are the OPEC+ nations.
Remember......three of those nations had to sell their oil with 'shadow fleet' tankers and that's NOT as easy to do as it was a year ago.
UK armed forces authorised to board Russian tankers in British waters | Royal Navy | The Guardian

If Iranian and Venezuelan oil can eventually be shipped sanction-free then the spot price for oil might plunge precipitously.
Remember....oil briefly traded below $0 a barrel less than a decade ago.
Remember ALSO that a certain President screwed over the people of Venezuela by easing the oil and gold sanctions in 2023.
The bottom line is that there IS no shortage of oil, and if nations were permitted to produce at capacity gas would probably be $0.509 a gallon, which would probably cause much grief to the Climate Industrial Complex....

 

This party's just getting started. Still a few weeks to go before the next big bump.