Posted on 01/04/2022 1:23:38 PM PST by Hojczyk
Gasoline prices have remained unattractively high across much of the United States in the latter half of 2021, and a new study reveals that one U.S. state may see gasoline prices near $6.
According to a new study published by GasBuddy this week, gasoline prices could reach $6 per gallon in San Fransisco, with Los Angelos and Sacramento reaching $5.50 per gallon. For some cities in California, this would be the highest nominal average ever paid.
For 2022, GasBuddy is predicting a rise of nearly 40 cents per gallon, to $3.41 per gallon—with $4 per gallon a real possibility by springtime, and $4.13 by June before slacking off post-summer to just under $3.
Overall, the high gasoline prices expected in 2022 could mean that the average consumer would spend $2,341 over the course of the year on gasoline, compared to just $1,971 spent this year—the most spent on gas since 2014, GasBuddy claims.
Crude oil production in the United States—which currently stands at 11.8 million barrels per day—is still lagging pre-pandemic levels by about 1.3 million bpd. As a result, crude oil inventories have shed some 70 million barrels over the course of 2021, which has supported prices.
(Excerpt) Read more at finance.yahoo.com ...
California? No way! Impossible!
$6 or more. Makes EVs much more attractive, and that is the point.
FJB
Until summer brown outs leave you with a dead battery
Stop electing Fruits and Nuts, and maybe the gas will come down in price.
“new normal” for whom? Liberals???
$6 gas is not the world I want to call “normal”
“Until summer brown outs leave you with a dead battery”
Do you think anyone pushing this crap cares?
Now that's just crazy talk.
It already is $6 in a lot of parts of Los Angeles, here in the Valley most are over $5 but ARCO is $4.31
Ten dollars a gallon there sounds better. See if I care.
I want to hear them beg for an eyedropper of gasoline.
California effectively hides their taxation of gasoline, which is now over $2.00 per gallon. It is the SINGLE REASON they are no longer broke.
And so will $12 bacon
its called inflation
$6 gasoline means $7-$8 diesel fuel, which means anything farmed, shipped by truck or train goes up in price.
So what if they can’t buy food, at least they’ll have gas money.
Gasoline at $6/gallon. EVs still have limited real life range, electricity prices are also going up, and recharge times make them impractical except for shorter commutes. Oh, and where are all the new power plants and transmission lines?
Nope. They have gas powered cars.
Fransisco?? Where the hell is that?
Is it anywhere near San Francisco?
Note: the goal is not Electric Vehicles. It is NO vehicles. Middle America can not afford EVs.
Wait til avocado prices soar
That may get their attention
“No avocado toast, No Peace!!!”
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