@metal-brain saidI don’t give a flying fukk who’s saying the same thing you are.
Gavin Newsom is saying the same thing as I am.
"And last week, California Gov. Gavin Newsom called on Congress to tax the profits of oil companies. “Crude oil prices are down but oil and gas companies have jacked up prices at the pump in California. This doesn’t add up,” Newsom said on Friday. “We’re not going to stand by while greedy oil companies fleece Californians. ...[text shortened]... iden-asks-ftc-to-examine-whether-oil-gas-companies-are-illegally-keeping-gas-prices-high-11637164142
They are wrong.
Yes. Shell, BP, etc. have something to do with petrol prices.
Yes. Local taxes have something to do with petrol prices.
AND MOST CERTAINLY YES. Oil production has a lot to do with petrol prices. Even to the extent that it influences how petrol sellers inflate prices when it becomes scarce.
So, besides influencing price directly, it indirectly influences it too.
Why am I even trying to explain this to you?
I’m off to do something useful. I dunno, contemplate why countries are dragging their feet on hydrogen infrastructure, when it’s ultimately far cleaner than the current electric car battery systems they are all investing in…
@shavixmir saidWrong about what?
I don’t give a flying fukk who’s saying the same thing you are.
They are wrong.
Yes. Shell, BP, etc. have something to do with petrol prices.
Yes. Local taxes have something to do with petrol prices.
AND MOST CERTAINLY YES. Oil production has a lot to do with petrol prices. Even to the extent that it influences how petrol sellers inflate prices when it becomes scarc ...[text shortened]... it’s ultimately far cleaner than the current electric car battery systems they are all investing in…
But the primary reason is the cutoff of Russian imports. Prior to Russia’s invasion of Ukraine, the U.S. was importing nearly 700,000 barrels per day (BPD) of petroleum and petroleum products. Most of those imports were finished products and refinery inputs that boosted distillate supplies in the U.S.
https://www.yahoo.com/finance/news/four-reasons-why-u-grappling-210000612.html
Now that competition with Russia is over the Koch brothers can price fix their asses off domestically.
@Metal-Brain
Remember why you used to have reasonable diesel fuel prices. You had competition from Russia to thank for that. Now that Russian imports are banned they can price fix their asses off. Everything you buy comes on a truck that uses diesel fuel.
https://www.reuters.com/article/us-russia-usa-fueloil-idUSKCN25228P
Biden is scamming us all.
https://www.zerohedge.com/political/eu-accuses-washington-making-fortune-ukraine-war