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(KTLA Los Angeles)   Gas prices in SoCal have returned to Trump era levels   (ktla.com) divider line
    More: PSA, Los Angeles, Gasoline, Orange County, California, Los Angeles County, California, average price of a gallon of self-serve, pump gas, San Bernardino County, California, average price of gas  
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728 clicks; posted to Business » on 08 Mar 2021 at 12:35 AM (4 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



26 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-03-07 7:45:11 PM  
I can't believe Biden flipped the "increase gas prices" switch.
 
2021-03-07 7:52:24 PM  
Starting to get there in NoCal, too

/Good things come to an end
 
2021-03-07 7:57:56 PM  

Bovine Diarrhea Virus: I can't believe Biden flipped the "increase gas prices" switch.


You joke, but somebody I talked to yesterday actually blamed Biden for gas prices here in LA.
 
2021-03-07 8:00:01 PM  
Covid goes down, travel goes up. You can't explain that.
 
2021-03-07 8:05:08 PM  

GardenWeasel: Covid goes down, travel goes up. You can't explain that.


My wife and I talked about this over morning coffee.
 
2021-03-07 8:28:18 PM  

Spectrum: Bovine Diarrhea Virus: I can't believe Biden flipped the "increase gas prices" switch.

You joke, but somebody I talked to yesterday actually blamed Biden for gas prices here in LA.


Fark user imageView Full Size
 
2021-03-07 8:32:27 PM  

Bovine Diarrhea Virus: Spectrum: Bovine Diarrhea Virus: I can't believe Biden flipped the "increase gas prices" switch.

You joke, but somebody I talked to yesterday actually blamed Biden for gas prices here in LA.

[Fark user image image 500x580]


A whole bunch of people that I know that live in Texas are all blaming Biden.

/derp
 
2021-03-07 8:50:38 PM  

Officer Barrelroll: Bovine Diarrhea Virus: Spectrum: Bovine Diarrhea Virus: I can't believe Biden flipped the "increase gas prices" switch.

You joke, but somebody I talked to yesterday actually blamed Biden for gas prices here in LA.

[Fark user image image 500x580]

A whole bunch of people that I know that live in Texas are all blaming Biden.

/derp


I guess I should make it clear....I'm just posting that to be funny. I don't believe it.
 
2021-03-07 9:04:09 PM  

Bovine Diarrhea Virus: Officer Barrelroll: Bovine Diarrhea Virus: Spectrum: Bovine Diarrhea Virus: I can't believe Biden flipped the "increase gas prices" switch.

You joke, but somebody I talked to yesterday actually blamed Biden for gas prices here in LA.

[Fark user image image 500x580]

A whole bunch of people that I know that live in Texas are all blaming Biden.

/derp

I guess I should make it clear....I'm just posting that to be funny. I don't believe it.


No worries, I wasn't reading it as you believing it.

The people I'm talking about all lived in Southern CA at the same time as me so you think they would be a little more in tune with gas prices and how they fluctuate. Then again, they've lived in Texas long enough now that they had been pretty consistently smug about how cheap gas was compared to other places.
 
2021-03-07 9:44:30 PM  
Yeah, remember how cheap gas was during the last 2 Republican administrations?  One was because Bush the Lesser crashed the economy, the other was because Cheetolini botched handling COVID and crashed the economy.
 
2021-03-08 12:36:16 AM  
I got gas this afternoon
 
2021-03-08 12:49:58 AM  
Hey, if gas prices are all they have to bludgeon Biden with now by God they're going to do it. No matter what reality says
 
2021-03-08 12:56:16 AM  

Palined Parenthood: I got gas this afternoon


It's pretty simple to cook a pound of back beans in the Instant Pot.
 
2021-03-08 1:50:23 AM  

Spectrum: Bovine Diarrhea Virus: I can't believe Biden flipped the "increase gas prices" switch.

You joke, but somebody I talked to yesterday actually blamed Biden for gas prices here in LA.


The man is solely responsible for the existence of Covid vaccines, so why do you doubt his power?
 
2021-03-08 1:58:18 AM  

MaudlinMutantMollusk: Starting to get there in NoCal, too

/Good things come to an end


Starting? It's been steadily climbing for the last few months (at least in the Bay Area).
 
2021-03-08 2:00:27 AM  

spiralscratch: MaudlinMutantMollusk: Starting to get there in NoCal, too

/Good things come to an end

Starting? It's been steadily climbing for the last few months (at least in the Bay Area).


It's been a little slower up here in the foothills

/But it's there now
 
2021-03-08 5:07:10 AM  
We've been drifting between 2.40-2.50 a gallon for about a month.  Spring break is coming and so is Easter travel, but my little lost trumper is adamant that the Dems, led by AOC, have snuck the Green policy thru and gas will be $10 a gallon by Memorial day.

But only in the parts of the country that voted not Biden.  So Texas will be paying for all the cheap gas in California.  In Georgia, gas will be cheap in Atlanta but not in the rural areas.  Uh, ok.
 
2021-03-08 7:49:19 AM  
Companies in the various parts of the industry know Biden is hostile and are taking steps to tighten up.  Biden already canceled a pipeline and banned new extraction leases, the writing is on the wall.  People who voted for Biden and the Dems voted for higher oil prices, that's a part of the package.
 
2021-03-08 7:50:44 AM  

State_College_Arsonist: Companies in the various parts of the industry know Biden is hostile and are taking steps to tighten up.  Biden already canceled a pipeline and banned new extraction leases, the writing is on the wall.  People who voted for Biden and the Dems voted for higher oil prices, that's a part of the package.


Nothing to do with a cartel in the Middle East at all.
 
2021-03-08 8:26:01 AM  

cheap_thoughts: State_College_Arsonist: Companies in the various parts of the industry know Biden is hostile and are taking steps to tighten up.  Biden already canceled a pipeline and banned new extraction leases, the writing is on the wall.  People who voted for Biden and the Dems voted for higher oil prices, that's a part of the package.

Nothing to do with a cartel in the Middle East at all.


You mean the cartel whose members chronically cheat on production quotas?  Not to mention the cartel which lost the ability to single-handedly move the market once the fracking revolution drastically increased worldwide production?  Biden and his party wish to take a hatchet to the US oil industry, which will only return OPEC to power.
 
2021-03-08 10:29:11 AM  

State_College_Arsonist: Companies in the various parts of the industry know Biden is hostile and are taking steps to tighten up.  Biden already canceled a pipeline and banned new extraction leases, the writing is on the wall.  People who voted for Biden and the Dems voted for higher oil prices, that's a part of the package.


I certainly hope so - oil is a precious, finite commodity, and burning it for energy, like cavemen, is just plain stupid.
Hopefully, with garbage leadership like Trump and the GOP behind us, we will be moving away from that.
 
2021-03-08 10:33:49 AM  
Usually this is accompanied by a kablooie sound from the Torrance area but I don't remember hearing one.

Oh, right, it's "summer blend" time. Can't overbuild capacity to eliminate supply shortages, that might mean someone's verandah in Waimea will have to wait for the platinum doorknobs.
 
2021-03-08 2:28:45 PM  

State_College_Arsonist: Companies in the various parts of the industry know Biden is hostile and are taking steps to tighten up.  Biden already canceled a pipeline and banned new extraction leases, the writing is on the wall.  People who voted for Biden and the Dems voted for higher oil prices, that's a part of the package.


Biden was hostile to a pipeline that was already put on hold by a judge for the past 3 years because they refused to do an environmental assessment?
 
2021-03-08 6:19:15 PM  

State_College_Arsonist: cheap_thoughts: State_College_Arsonist: Companies in the various parts of the industry know Biden is hostile and are taking steps to tighten up.  Biden already canceled a pipeline and banned new extraction leases, the writing is on the wall.  People who voted for Biden and the Dems voted for higher oil prices, that's a part of the package.

Nothing to do with a cartel in the Middle East at all.

You mean the cartel whose members chronically cheat on production quotas?  Not to mention the cartel which lost the ability to single-handedly move the market once the fracking revolution drastically increased worldwide production?  Biden and his party wish to take a hatchet to the US oil industry, which will only return OPEC to power.


Around 8% of onshore oil production is done on federal lands.  Any effort to revoke existing leases would be blocked by the courts.  The most the Biden administration could hope to do is halt new leases and strengthen environmental rules on the extraction process.  That's not going to hand the oil market back to OPEC.

Also, the average cost to develop a new site for extraction is rising as the industry is pushing out to more marginal lands.  With oil consumption expected to fall over the next two decades due to carbon caps, there is growing concern that expensive new wells and their support infrastructure may never turn a profit.  So we may see the industry slow simply due to long term price slumps.

Meanwhile, the Saudis are working on a $5B plant that can generate green hydrogen for a lower price than traditional fossil fuel based methods.  They see the handwriting on the wall.
 
2021-03-08 6:31:09 PM  
Hybrids, anyone?
 
2021-03-08 7:27:54 PM  

Bovine Diarrhea Virus: Spectrum: Bovine Diarrhea Virus: I can't believe Biden flipped the "increase gas prices" switch.

You joke, but somebody I talked to yesterday actually blamed Biden for gas prices here in LA.

[Fark user image image 500x580]


Gas prices have been going up since...
(checks notes)
...last May.

This proves that Biden has obtained Obama's Time Machine.
 
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