2.30 in Arlington WA yesterday , 6.32/usg for fuel in BC today . Werebuying our own crude oil back from USA after we sold it to them at reduced rates . WE need a change coming , what 25yo person will be able to buy a house ???
$2.65 locally. The good news being, peak oil nonsense seems to have moved on as a concern with how basic supply and demand work.
Check this shit out. For most of 2020, China's refineries processed more crude oil than U.S. refineries - Today in Energy - U.S. Energy Information Administration (EIA) How convenient, maybe too convenient? Coincidence? Ha! I stopped believing in those a long time ago.
This guy says major oil shortages in 3 to 5 years. He was saying we would see $100 oil back when it was $20 a barrel "in a few years" well we're a lot closer to and the out look seems to favor $100 oil a lot more than than $30 to $40 or even $50 oil.
Decreasing supply accompanied with increased demand equals higher prices. It has everything to do with who controls the supply.
Just got back from town at the eye doc several stations are now at 3 bucks a gallon which means the rest will follow shortly. There is no reason this country should ever see a shortage of hydrocarbon fuels-- we have coal, natural gas and oil a plenty. What we have is a demoRAT party hell bent on destroying this country with their asinine green energy BS that has never produced economical energy and never will in quantities our economy needs to survive
Gas is within $.20 of $4.00 a gallon here. Propane is at $2.96. I suspect it will peak this fall but never again be below $3.00 a gallon.
Whoo weee plenty of gas lines down here today to get out of Ida's way, This is going to be fun Of coarse when you have idiots like me walking thru the grocery store yelling we all gonna die ! Pretty sure I didn't help out with that....lol