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(Fox Business)   Well, those falling gas prices were nice while they lasted   (foxbusiness.com) divider line
    More: Interesting, United Arab Emirates, Petroleum, Saudi Arabia, common sense oil prices, OPEC, production cut, final decision, Brent crude  
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1001 clicks; posted to Business » on 02 Oct 2022 at 11:50 AM (9 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-10-02 8:32:16 AM  
They won't be able to prop prices. Major economic slowdowns reduce consumption.

It will be $50 before you know it.
 
2022-10-02 9:34:07 AM  
Oil producers are considering reducing production due to fears that interest rate hikes will slow the global economy help Biden in the midterms.
 
2022-10-02 9:35:52 AM  

gunga galunga: Oil producers are considering reducing production due to fears that interest rate hikes will slow the global economy help Biden in the midterms.


Wait, how would interestest rate hikes help Biden? Did I even bother reading it before copying and pasting? This post makes  no sense.

Ah, fark it. I'm going back to bed.
 
2022-10-02 10:34:54 AM  

NewportBarGuy: They won't be able to prop prices. Major economic slowdowns reduce consumption.

It will be $50 before you know it.


The petro-dictators certainly seem to be trying to vote in our elections, however. Medium/long term, you're right. Seems like they want to try to jack gas prices as much as they can in the next month, however. Let's see how that works for them.
 
2022-10-02 10:46:04 AM  
That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.
 
2022-10-02 10:56:55 AM  

make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.


With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.
 
2022-10-02 11:00:05 AM  
I live in California. I must have blinked and missed the 'nice while it lasted' part.
 
2022-10-02 12:03:59 PM  
I paid over $7 on Friday in  Los Feliz.
 
2022-10-02 12:10:25 PM  

marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.


Hybrids are fine too, but still more much costly to own than an EV.

In the coming years this is going to ease up for a lot of people, and I think politicians in states putting up roadblocks to this will not succeed.
 
2022-10-02 12:11:56 PM  
$3 in Fort Worth....I suspect they are trying to keep Republicans in power. If we ignore out electric bills.
 
2022-10-02 12:32:22 PM  

marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.


Woah, that sounds like empathy, and it really interferes with my smug fart sniffing. Anyone who isn't me is a big dumb dumb!
 
2022-10-02 12:36:07 PM  

marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.


Here we go, another person who doesn't own an EV telling us what charging an EV is like.

If you're like the average American who only drives 30 to 40 miles a day, you only have to recharge your EV once every five days, maybe even less. All you need to do is find a 50 kW charger near where you're having dinner, shopping, or seeing a movie, and voilà.

I know plenty of people who own EVs and get by without home charging.
 
2022-10-02 12:44:12 PM  

thornhill: marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.

Here we go, another person who doesn't own an EV telling us what charging an EV is like.

If you're like the average American who only drives 30 to 40 miles a day, you only have to recharge your EV once every five days, maybe even less. All you need to do is find a 50 kW charger near where you're having dinner, shopping, or seeing a movie, and voilà.

I know plenty of people who own EVs and get by without home charging.


Where I am, there's a lot of competition for chargers. Because rich people can be utterly miserly at times, there seems to be a competition to see who can go the longest without charging at home.
 
2022-10-02 12:57:51 PM  
You can't drain the SPR to buy votes forever Subs.
 
2022-10-02 1:02:22 PM  
My van uses diesel. The price went up last Spring with gas prices. When gas prices dropped in the Summer, diesel didn't change. Now diesel is coming down as gas goes up.

I'm beginning to suspect that fuel prices are arbitrary and have nothing to do with actual economic conditions.
 
2022-10-02 1:14:09 PM  

natazha: I'm beginning to suspect that fuel prices are arbitrary and have nothing to do with actual economic conditions.


They have more to do with HBI.

/Hookers and Blow Index
 
2022-10-02 1:18:05 PM  

make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.


That doesn't work for everyone. I drive 600-800 miles/day four times a month or so (depending on my training locations), and I haul six large cases of equipment. Even if the 600 mile range was the reliable standard, I'm not guaranteed to have charging ports at some of my rural overnight stops. 

Electric is improving and I can't wait for it to be where it needs to be, but isn't the solution for an awful lot of Americans yet. I'm driving a Caravan now, but my next vehicle will probably be a Sienna, Pacifica, or Maverick hybrid.
 
2022-10-02 1:18:29 PM  

drewogatory: thornhill: marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.

Here we go, another person who doesn't own an EV telling us what charging an EV is like.

If you're like the average American who only drives 30 to 40 miles a day, you only have to recharge your EV once every five days, maybe even less. All you need to do is find a 50 kW charger near where you're having dinner, shopping, or seeing a movie, and voilà.

I know plenty of people who own EVs and get by without home charging.

Where I am, there's a lot of competition for chargers. Because rich people can be utterly miserly at times, there seems to be a competition to see who can go the longest without charging at home.


I see you're in Costa Mesa (based on profile); I'm guessing you probably have one of the largest proportion of EV owners in the nation. And you're also probably adding more public charging faster than other communities.
 
2022-10-02 1:19:03 PM  
I'm more surprised that no one mentions that Freeport + liquefaction terminals currently under construction is a doubling of 1H 2022 natural gas exports, with plenty of US domestic demand. And there's a shiatload more approved.

Ie, the era of very cheap US natural gas is probably over for a while given Europe and Asia demand. If your electricity and heating costs haven't gone up, you're either one of the lucky few or they will when some supply contracts and hedges run out. It's not going to be insignificant at scale, and will also affect things like fertilizer, etc.
 
2022-10-02 1:19:36 PM  

clkeagle: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

That doesn't work for everyone. I drive 600-800 miles/day four times a month or so (depending on my training locations), and I haul six large cases of equipment. Even if the 600 mile range was the reliable standard, I'm not guaranteed to have charging ports at some of my rural overnight stops. 

Electric is improving and I can't wait for it to be where it needs to be, but isn't the solution for an awful lot of Americans yet. I'm driving a Caravan now, but my next vehicle will probably be a Sienna, Pacifica, or Maverick hybrid.


Your driving habits are clearly representative of most Americans, so I guess this whole EV thing is never going to happen.

Thanks for correcting me.
 
2022-10-02 1:23:55 PM  

thornhill: drewogatory: thornhill: marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.

Here we go, another person who doesn't own an EV telling us what charging an EV is like.

If you're like the average American who only drives 30 to 40 miles a day, you only have to recharge your EV once every five days, maybe even less. All you need to do is find a 50 kW charger near where you're having dinner, shopping, or seeing a movie, and voilà.

I know plenty of people who own EVs and get by without home charging.

Where I am, there's a lot of competition for chargers. Because rich people can be utterly miserly at times, there seems to be a competition to see who can go the longest without charging at home.

I see you're in Costa Mesa (based on profile); I'm guessing you probably have one of the largest proportion of EV owners in the nation. And you're also probably adding more public charging faster than other communities.


Don't get me wrong, regular parking here is impossible as well. But if you NEED to charge while you park, you might have a pretty decent search.
 
2022-10-02 1:24:45 PM  

make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.


If you're a homeowner, you should do rooftop solar with a battery system first. The payback period will probably be faster than people expect because triple digit heatwaves are going to become more common, and as utility companies build more wind and solar farms, those construction costs are going to be passed off to customers in the form of rate increases, and I wouldn't expect them to ever come back down because capitalism. And if you live somewhere that's prone to power outage, you'll feel like a king when you're the only person in your neighborhood who has power.
 
2022-10-02 1:34:48 PM  

drewogatory: thornhill: drewogatory: thornhill: marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.

Here we go, another person who doesn't own an EV telling us what charging an EV is like.

If you're like the average American who only drives 30 to 40 miles a day, you only have to recharge your EV once every five days, maybe even less. All you need to do is find a 50 kW charger near where you're having dinner, shopping, or seeing a movie, and voilà.

I know plenty of people who own EVs and get by without home charging.

Where I am, there's a lot of competition for chargers. Because rich people can be utterly miserly at times, there seems to be a competition to see who can go the longest without charging at home.

I see you're in Costa Mesa (based on profile); I'm guessing you probably have one of the largest proportion of EV owners in the nation. And you're also probably adding more public charging faster than other communities.

Don't get me wrong, regular parking here is impossible as well. But if you NEED to charge while you park, you might have a pretty decent search.


Yeah, but EV owners find a way -- once you have the car for a weeks, it becomes apparent how many options you have. Demand for Level 2 chargers is a lot less because people are so obsessed with fast charging, and if there isn't a time limit at the station, it's easy to work into your schedule leaving your car at it for 5 or 6 hours.
 
2022-10-02 1:35:47 PM  
Double edge sword though, gotta sell while there's still a demand for it, and that clock is ticking.
 
2022-10-02 1:44:44 PM  
you have to disgruntle the populace to get them to vote against their interests.
 
2022-10-02 2:03:31 PM  

thornhill: If you're a homeowner, you should do rooftop solar with a battery system first. The payback period will probably


exceed the life expectancy of the panels.

PNW Three months out of the year doesn't cut it.
 
2022-10-02 2:12:50 PM  

natazha: My van uses diesel. The price went up last Spring with gas prices. When gas prices dropped in the Summer, diesel didn't change. Now diesel is coming down as gas goes up.

I'm beginning to suspect that fuel prices are arbitrary and have nothing to do with actual economic conditions.


Diese car owner here. Prices spiked up toward $6 a gallon, came down to maybe $4.50 a gallon, and are now back up for weeks because farmers are harvesting crops. Soon enough it will be heating oil season in winter so it will stay at $5 a gallon or higher because of that. Maybe in the spring I'll get a price drop... NOPE!, it will be farmers PLANTING seasons so now it's got to stay at $5 a gallon because reasons.
 
2022-10-02 2:35:09 PM  
Gas  went up almost $1 a gallon this week in Phoenix, back to $5.
 
2022-10-02 2:52:31 PM  
Gas Prices have already been going up for the past 2-3 weeks. Haven't you noticed that Democrats have stopped gloating about the gas prices dropping for the past month?
 
2022-10-02 3:14:39 PM  
Not going to click the Fox link for the so-called "explanation" and the derp, but wonder what is their theory talking point?

Barrel of oil closed under $80 on Friday.  In June, during all the histrionics, it was near $125.  I assume the oil companies have a "because we can" attitude toward pricing.
 
2022-10-02 3:15:59 PM  
Gas has gone up by about 50¢ in the last couple weeks. I expect to start seeing 'I did that' stickers again soon.
 
2022-10-02 3:35:51 PM  
Still paying $3.39 to fill up in Brooklyn, its been this way for several weeks.
 
2022-10-02 3:37:10 PM  

NewportBarGuy: They won't be able to prop prices. Major economic slowdowns reduce consumption.

It will be $50 before you know it.


That's still a lot of money for a gallon of gas.
 
2022-10-02 3:39:04 PM  

clkeagle: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

That doesn't work for everyone. I drive 600-800 miles/day four times a month or so (depending on my training locations), and I haul six large cases of equipment. Even if the 600 mile range was the reliable standard, I'm not guaranteed to have charging ports at some of my rural overnight stops. 

Electric is improving and I can't wait for it to be where it needs to be, but isn't the solution for an awful lot of Americans yet. I'm driving a Caravan now, but my next vehicle will probably be a Sienna, Pacifica, or Maverick hybrid.


New Sienna hybrid owner here, getting 35 mpg FWD in mostly local driving, that's about a 630 mile range. I got 40mpg on the drive home from the dealership in mostly highway driving.
 
2022-10-02 4:09:21 PM  

marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.


Do you fill your car with gas at home?
 
2022-10-02 4:52:17 PM  
My car gets 600 miles on $50 tank. I fill it about 3x a month, about 60% of those miles are work reimbursed at .55 a mile, but for the of this argument let's say $5 a day for gas.
In the coldest MN winter months my heat costs $130 a month, or a little above $4 a day.
3 lines of unlimited cellular, about $8 a day
Internet/TV/whatevs $8 a day.
Groceries for family of 3 $20 a day
Mortgage/HOA $33 a day

ERRMAAHGERD THESE GAS PRICES THE SKY IS FALLING!!!!
 
2022-10-02 5:00:09 PM  

clkeagle: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

That doesn't work for everyone. I drive 600-800 miles/day four times a month or so (depending on my training locations), and I haul six large cases of equipment. Even if the 600 mile range was the reliable standard, I'm not guaranteed to have charging ports at some of my rural overnight stops. 

Electric is improving and I can't wait for it to be where it needs to be, but isn't the solution for an awful lot of Americans yet. I'm driving a Caravan now, but my next vehicle will probably be a Sienna, Pacifica, or Maverick hybrid.


Why the hell do absolute morons like you come to EV threads and shiat all over them?  You don't drive 800 miles a day, you dweeb.

Just because you're (in made up fantasy land) in the top 0.001% of all drivers, doesn't mean that's the norm.  Let's worry about catering to normal people instead of lying idiots.
 
2022-10-02 5:22:07 PM  

marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.


Shhhh...EV people are smug. Don't hurt their fee-fees with things like, reality.
 
2022-10-02 5:40:05 PM  
Consumption is temporarily down in the south thanks to Hurricane Ian.

But oil could drop to 25$/barrel and the refining and logistical costs don't off-set the increase in consumer demand.

Fark user imageView Full Size
 
2022-10-02 5:44:27 PM  

fatalvenom: marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.

Shhhh...EV people are smug. Don't hurt their fee-fees with things like, reality.


Remember when those smug, sneering liberals used to walk around with their fancy expensive smartphones when working people had flip phones, or no phones?
 
2022-10-02 5:50:06 PM  

make me some tea: fatalvenom: marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.

Shhhh...EV people are smug. Don't hurt their fee-fees with things like, reality.

Remember when those smug, sneering liberals used to walk around with their fancy expensive smartphones when working people had flip phones, or no phones?


No. I'm still using beepers and smoke signals.
 
2022-10-02 6:08:44 PM  

fatalvenom: make me some tea: fatalvenom: marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.

Shhhh...EV people are smug. Don't hurt their fee-fees with things like, reality.

Remember when those smug, sneering liberals used to walk around with their fancy expensive smartphones when working people had flip phones, or no phones?

No. I'm still using beepers and smoke signals.


i.redd.itView Full Size
 
2022-10-02 6:47:01 PM  

make me some tea: fatalvenom: marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.

Shhhh...EV people are smug. Don't hurt their fee-fees with things like, reality.

Remember when those smug, sneering liberals used to walk around with their fancy expensive smartphones when working people had flip phones, or no phones?


They got cheap enough and convenient enough to beat things like pay phones and pagers and arcades and Game Boys etc.

Electric cars are going to have to do the same against gas engines and in places that aren't California 10 years is very optimistic for that happening.

Cars and horses co existed for decades.
 
2022-10-02 6:58:52 PM  

make me some tea: fatalvenom: make me some tea: fatalvenom: marklar2012: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

With all due respect, the garage/secure area you store and charge your EV in costs a lot, and places you in an elite position among car buyers.

Hybrids make a lot of sense for a lot of people. If you're in a fortunate enough position to try out full EVs- congratulations, please ease off everyone else. Nobody understands what $1/gallon means when you disguise the cost of the house supporting it.

Shhhh...EV people are smug. Don't hurt their fee-fees with things like, reality.

Remember when those smug, sneering liberals used to walk around with their fancy expensive smartphones when working people had flip phones, or no phones?

No. I'm still using beepers and smoke signals.

[i.redd.it image 599x555]


I would love a nice carriage though
but don't want the horse maintenance
Fark user imageView Full Size
 
2022-10-02 7:11:42 PM  

thornhill: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

If you're a homeowner, you should do rooftop solar with a battery system first. The payback period will probably be faster than people expect because triple digit heatwaves are going to become more common, and as utility companies build more wind and solar farms, those construction costs are going to be passed off to customers in the form of rate increases, and I wouldn't expect them to ever come back down because capitalism. And if you live somewhere that's prone to power outage, you'll feel like a king when you're the only person in your neighborhood who has power.


Currently getting ground mount panels so getting a kick. FYI in triple digits those panels are going to be producing a lot less electricity than when it's 70-80 degrees. Current battery prices will likely double the cost of your solar installation if you want hvac or your fridge to be supported, the initial draw is more than one battery will support. Each battery runs 15-20k based on quotes, and is warrantied for 10 years which is less than half the warranty life of the panels. We were advised to get a natural gas generator if we were worried about outages.
 
2022-10-02 7:11:54 PM  
$3.50-ish here in flyover Ohio.  With the stock market taking the gaspipe like it is, you'd think the moose out front shoulda told ya we were in a recession and to drop the earl prices.
 
2022-10-02 7:16:47 PM  
Loving the massive temper tantrum that ensues every time someone gently suggests driving an EV.

If it hurts your feelings that much, you're probably guilty about what you drive. Nobody said anything snobby or rubbed anything in your face. Your fee-fees are yours alone, Boomerfarks.
 
2022-10-02 7:38:09 PM  

MacWizard: Gas  went up almost $1 a gallon this week in Phoenix, back to $5.


Is the excuse there a switch to winter blend?
 
2022-10-02 8:16:07 PM  

mrmopar5287: MacWizard: Gas  went up almost $1 a gallon this week in Phoenix, back to $5.

Is the excuse there a switch to winter blend?


Maricopa County mandates the use of California reformulated gasoline.  A pair of California refineries that produce that blend are offline due to "unplanned maintenance".

Meanwhile, the rest of the state uses a different blend that is produced in Texas, which is not experiencing supply issues.  As such, regular gasoline is $1.10/gal cheaper in Tucson than Phoenix.
 
2022-10-02 9:21:57 PM  

On-Farkin-On: thornhill: make me some tea: That was always a sugar high.

Put your order in for an EV if you haven't already. I'm driving for the equivalent cost of about $1/gallon.

If you're a homeowner, you should do rooftop solar with a battery system first. The payback period will probably be faster than people expect because triple digit heatwaves are going to become more common, and as utility companies build more wind and solar farms, those construction costs are going to be passed off to customers in the form of rate increases, and I wouldn't expect them to ever come back down because capitalism. And if you live somewhere that's prone to power outage, you'll feel like a king when you're the only person in your neighborhood who has power.

Currently getting ground mount panels so getting a kick. FYI in triple digits those panels are going to be producing a lot less electricity than when it's 70-80 degrees. Current battery prices will likely double the cost of your solar installation if you want hvac or your fridge to be supported, the initial draw is more than one battery will support. Each battery runs 15-20k based on quotes, and is warrantied for 10 years which is less than half the warranty life of the panels. We were advised to get a natural gas generator if we were worried about outages.


That math on the batteries has not changed much in years. Strong demand for batteries for other uses has not let any increased supply make home batteries cheaper. Not here anyway.

I figured for my situation that my battery needs to make 2 bucks per day consistently and reliably to break even on the battery before a 10 year warranty ran out. A powerwall of 7 kWh COULD do that at today's electricity prices, but it is still in the territory where any small problem could be a big mess, from weather, poor software control, poor installation, or just lower power consumption and inadequate throughput.

It is getting there, though. Electricity rates, when factoring in various fees, keep ratcheting up about 10% at a time. They have doubled over the last 10 years. Then you have general inflation.

If you have solar, load shifting is risk free and more or less costless. Charge your car, do your laundry and dishes, and even do your cooking while the sun shines and the electricity is free. Then just give the utility their due and pay the evening electricity.
 
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