Gas thoughts

-US gets 7% of its crude from Russia. We stopped it, but gas has gone up 33% (2.99-3.99) in just the last week around here. So how does 7% less command 33% more value?

- So how long woiuld it take the US to increase production by 7% if we stoppped selling to Europe? And if we told Europe we were about to do that, do you think they might be more inclinced to stop Russia?

- $.26 KY and $.18 Federal fuel excise tax per gallon. and most of that is ear marked for federal raods and bridges. So if we are adding money to the budget to "Build, Back, Better" , and to help us all, as Biden says, why don't we take the taxes off $.44/gallon, and just build back a tiny little less. Zero sum gain, what ya don't get in taxes just don't use to build more roads.

- Guy says: "This gas price is so high I can't afford to make the payments on my Hybrid Car anymore"
- Banker says: "No worries mate, we can afford the gas for the tow truck to come repossess it".

Hey AOC, If I have to pay all this extra money on gas while electric cars production is stalled due to Covid and microchips shortages, I'lllhave no money left to GO Green and buy an electric car when they are available. And since this high gas price might drive more demand for electric cars, the electic car prices will go up, and be less affordable to more and more people. So GO GREEN.....NEEDS... lower temporary gas prices to slow demand on electric cars so the prices can drop and be more afforedable to those that would then be able to afford them.

But othen than that we're doing just fine.

[QUOTE=ZoraSpook;583237]- So how long woiuld it take the US to increase production by 7% if we stoppped selling to Europe? And if we told Europe we were about to do that, do you think they might be more inclinced to stop Russia?
[/QUOTE]

Wouldn't it be the opposite?

We stop selling to Europe, they're forced to look elsewhere, including to Russia. Which would make them less likely to do something that would incur Putin's wrath.

Us buying Russian oil or NOT buying Russian oil will do very little to those Oil sells. We will not enforce any type of embargo, so Russia will sell to the highest bidder. Probably China.. They will also sell to Africa, and India and the Middle East.

NOTHING was said to everyone else about not buying it........Hm, Imagine that.

Nope, you want to stop Russia, it is not just the EU and the good ole United States that needs to say Russian Imperialism and EXPANSIONISM is wrong.

The reason it costs so much here......30% cost increase versus 7% change in product volume, is the commodities traders are seeing FUTURE cost of a barrel as high as 180-200 /barrel in June and July.

Folks, people are going to be VERY rich with futures trading, or they really effed up, and will be bridge jumpers in 6 months.

If Oil gets to 200 a barrel, expect everything in teh supply chain with OIL to go up another 30-50 percent.

GAS at 8 bucks a gallon in the Summer PEAK is a very real possibility, IMHO.

And don't think the Green Energy fools are loving this. The Biden Admin is causing a lot of this pain. Steps could have been taken 4-5 months ago, when we KNEW Russia was going to invade the Ukraine.

FJB.


Later,

Geo

Gas prices are going to reach stupid numbers real quick.

Obiden says it's Russia's fault.

The elites seem more than happy to pay more for gas, and if you little people complain, you're anti Ukraine.

[QUOTE=Devils Horse;583241]Gas prices are going to reach stupid numbers real quick.

Obiden says it's Russia's fault.

The elites seem more than happy to pay more for gas, and if you little people complain, you're anti Ukraine.[/QUOTE]

The Talking heads are pushing polling numbers that say americans are willing to pay up to 50% more at the pump.

I say ********...........Not a single person I know is willing to pay that much more for gas.........

Later,

Geo

[QUOTE=GeoFisher;583242]The Talking heads are pushing polling numbers that say americans are willing to pay up to 50% more at the pump.

I say ********...........Not a single person I know is willing to pay that much more for gas.........

Later,

Geo[/QUOTE]

yep, just more propaganda from deep state news.

I think you all are right, we should not reduce out exports to Europe, we take care of them as part of the team against Russia.

Still, if we only get 7% of our oil from Russia, seems like we could ramp up US prodction to account for that.

So what I don't understand is even if the World Oil market goes to $200 a barrel, we don't have to buy from the world, we'd be self sustaining. So they jack up their pries and the rest of the world gets to pay that while we reduce our costs, and build up our strategic reserves in the event we do get into a scuffle with the ruskies.

I think the administration really needs give US oil companies the green light, and then issue a strong statement to OPEC to take their gas price spikes and shove it up their Thawb

[QUOTE=ZoraSpook;583237]-

- $.26 KY and $.18 Federal fuel excise tax =$.44/gallon,

Ky Gov supports holiday on Fed tax, so Andy, when you waiving the higher KY tax?

But othen than that we're doing just fine.[/QUOTE] as

[QUOTE=ZoraSpook;583262]as[/QUOTE]

I was on my computer using Microsoft Edge and there was one story about UAE or one of the oil rich countries in OPEC pumping more oil into the supply system. Not sure if they will do this or not. But something must give. We will be pushed to use more electric cars and trucks and OPEC will be out of business.

[QUOTE=Moveon;583270]I was on my computer using Microsoft Edge and there was one story about UAE or one of the oil rich countries in OPEC pumping more oil into the supply system. Not sure if they will do this or not. But something must give. We will be pushed to use more electric cars and trucks and OPEC will be out of business.[/QUOTE]

Good thoughts. Funny thing is if more people look to go hybrid or all electric, those car prices will climb even above what they are now as demand would add to current shortages of inventory. And if demand gets higher for high mpg/ or electrics, the trade in value for vehicles with bad mpg will decrease if gas stays high. All that means less for my trade, more for a new car, larger consumer debt, larger car payment simply takes the place of a low car payment with high gas prices So I just don’t know that the consumer would save anything.

[QUOTE=Moveon;583270]I was on my computer using Microsoft Edge and there was one story about UAE or one of the oil rich countries in OPEC pumping more oil into the supply system. Not sure if they will do this or not. But something must give. We will be pushed to use more electric cars and trucks and OPEC will be out of business.[/QUOTE]

AS we push more people to electric, we will ELIMINATE the ability for the average american to own a care.

ELITISTS will own a car........No ONE else. Welcome to your America MoveOn.

And let's not even talk about the fact that our current infrastructure is about 30 years behind the ability to even support say 20% of the population owning 1 EV, let alone 2.

Those EV's consume electricity and we already have rolling outages in EV heavy areas. We ALREADY have electric outages and rolling brownouts across MAJOR areas in America.

Yea.......EV's are a brilliant effing idea...........dumbasses presenting dumbass ideas, with very little thought about implementation.

since i seldom travel more than 50 miles at a time, i was thinking about an electric grocery getter.
no gas and no oil changes would be nice.
after looking at charging times, i'm not sure if it's economical.
somebody figure up the cost to recharge a small electric vehicle.
[url]https://www.pluglesspower.com/learn/tesla-model-s-charging-home-public-autonomously/[/url]