Gas Price Update

[Johnnymac]

imagine what $10 gas would provoke in the US...

50 percent of the country probably wouldn't care...they are sycophants. If Trump says $10/gallon gas is good...it's good!!

That's the trouble, the World has to suffer for this BULLSHIT.

"Let's cause to close the formerly completely open Strait of Hormuz, cause chaos and inflate fuel prices and potentially cause a global recession. All self inflicted."

Brilliant 5D chess....

The last tankers that got through the strait before shenanigans have now unloaded.  Within a couple of months the US will start running out of diesel, things will stop moving, tractors run on diesel, stock up on beans and rice now...

Maybe this war isn't just about money and resources but to impact the prices to trigger people to buy EVs instead of ICE vehicles.  Seems a bit extreme but if you have met some EV owners it isn't too far out of character.

[blur911]

imagine what $10 gas would provoke in the US...

50 percent of the country probably wouldn't care...they are sycophants. If Trump says $10/gallon gas is good...it's good!!

That's the trouble, the World has to suffer for this BULLSHIT.

"Let's cause to close the formerly completely open Strait of Hormuz, cause chaos and inflate fuel prices and potentially cause a global recession. All self inflicted."

Brilliant 5D chess....

The last tankers that got through the strait before shenanigans have now unloaded.  Within a couple of months the US will start running out of diesel, things will stop moving, tractors run on diesel, stock up on beans and rice now...

Maybe this war isn't just about money and resources but to impact the prices to trigger people to buy EVs instead of ICE vehicles.  Seems a bit extreme but if you have met some EV owners it isn't too far out of character.

We're talking about Shitler, he's all for oil company profits and pumping and dumping.  Him and his family are making a fortune

[Seafoam]

imagine what $10 gas would provoke in the US...

50 percent of the country probably wouldn't care...they are sycophants. If Trump says $10/gallon gas is good...it's good!!

That's the trouble, the World has to suffer for this BULLSHIT.

"Let's cause to close the formerly completely open Strait of Hormuz, cause chaos and inflate fuel prices and potentially cause a global recession. All self inflicted."

Brilliant 5D chess....

The last tankers that got through the strait before shenanigans have now unloaded.  Within a couple of months the US will start running out of diesel, things will stop moving, tractors run on diesel, stock up on beans and rice now...

Maybe this war isn't just about money and resources but to impact the prices to trigger people to buy EVs instead of ICE vehicles.  Seems a bit extreme but if you have met some EV owners it isn't too far out of character.

We're talking about Shitler, he's all for oil company profits and pumping and dumping.  Him and his family are making a fortune

Agreed fully on that one. I'm sure many have had enough of giving money to the oil companies.There will be few that switch if they can afford it.

[GreatBigAbyss]

Do you think the decisions of the Big 3 domestic automakers to A) stop making cars, and B) reduce investment in EV/Hybrids, will come back to bite them in the ass?  Again?  like it did in 2008/2009?

It's like Ford and GM and Chrysler don't learn their lesson. 

[Johnnymac]

Do you think the decisions of the Big 3 domestic automakers to A) stop making cars, and B) reduce investment in EV/Hybrids, will come back to bite them in the ass?  Again?  like it did in 2008/2009?

It's like Ford and GM and Chrysler don't learn their lesson. 

Literally the only reason they could end up regretting it is if this "war" extends and the price of fuel stay high for an extended period of time.

The reality is that EVs just aren't something a lot of buyers want, at least not yet.  Maybe once they are the same price, offer decent range in all conditions, and the infrastructure is there to support the millions of people who rent their home and don't have access to a charger there.

[GreatBigAbyss]

It could happen.  And even if the Strait of Hormuz were to open fully tomorrow, the oil economy has been shaken for many years.  I expect price of gas to stay high for a few more years at least. 

I still think it's short-sighted thinking from the Big 3.

[Johnnymac]

You might feel differently if you invested billions into vehicles that haven't recouped the cost to develop them.