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Thread: Gas prices
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02-26-2021, 12:55 PM #25
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Re: Gas prices
Just went up another 6 cents here. Up to $2.75 a gallon. Hasn't Texas thawed yet?
Here's charts over the past year/years. Notice the average price of gas starting to rise right after election day. Coincidence? Doubt it.
https://www.gasbuddy.com/charts
Here are some other interesting tidbits. Orange man = renewable energy.
Texas and Florida had large small-scale solar capacity increases in 2020
The United States installed more wind turbine capacity in 2020 than in any other year
Annual U.S. natural gas production decreased by 1% in 2020
https://www.eia.gov/todayinenergy/ar...php?my=Mar2021
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03-07-2021, 10:33 AM #27Hall Of Fame Poster
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Re: Gas prices
It's now $3.12 in PA. Got gas in MD for $2.79.
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03-07-2021, 11:01 AM #28Hall Of Fame Poster
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Re: Gas prices
Could it be possible that the savings achieved by cheap gas paradoxically make it easier to simultaneously stand up energy alternatives? fit your house with solar? Afford and electric vehicle? .... Or should we unnecessarily drive up the cost of the one thing everyone relies on thus making us all poorer and driving inflation?
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03-07-2021, 12:49 PM #29Hall Of Fame Poster
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03-07-2021, 12:56 PM #30Legendary RSR Poster
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03-07-2021, 06:21 PM #31
Re: Gas prices
I'm over in the western part and probably not on your way down, but it has already gone up a bit. Not sure how the prices are over on the eastern side of the state. Saw it for $2.69 here yesterday. Gas in South Carolina is cheaper than North Carolina, by the way. Much lower taxes, for one. You might want to fill up there, if you can. What part of Fla.?
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03-07-2021, 06:32 PM #32Veteran Poster
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- Aug 2019
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Re: Gas prices
2.69 yesterday. 2.84 today
People don’t care anymore. The left just passed a 1.9 trillion dollar giveaway. A family of 4 will be getting $14,000 this year in gov handouts. And the left wants to make them permanent. Just 18 months ago, we thought yang was crazy. Now it is the norm.
Gas prices will be $5 by the end of the year. Anyone making more than 75k is going to be gouged in taxes. The left has already set the bar. 75k is poverty, over 80k is elite. Middle class is done.
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03-07-2021, 07:04 PM #33Regular 1st Stringer
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- Jan 2020
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- 860
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03-07-2021, 08:37 PM #34
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Re: Gas prices
Yup. Oil production is also still down. OPEC and Russia have stuck to the production cuts they put in late last year and inventories are now drawn down with greater global demand. It's oil prices that are driving up the gasoline prices and not regulation.
I would encourage investors to pick your favorite energy stock and add it to your portfolio. I bought SLB, Schlumbeger, last September and am fully hedged against any increase in gas or heating oil.
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03-07-2021, 08:59 PM #36
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