Keyword: gasoline
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0:37 VIDEO AT LINK................. Stupid should hurt.......................
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Americans celebrating Memorial Day by hitting the road will likely be paying the cheapest gas prices since 2003. GasBuddy, a fuel savings platform, said Tuesday that it forecasts the national average price of gasoline to be $3.08 per gallon on Memorial Day. That would make it the cheapest since 2021 in nominal terms. After adjusting for inflation, it would be the lowest since 2003. This is not expected to be short-lived. Prices of gasoline are expected to average around $3.02 per gallon between Memorial Day and Labor Day, with prices falling below three dollars on some days. That’s likely to...
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California Gov. Gavin Newsom released his revised state budget proposal for FY 2025–2026 on Wednesday. After having a roughly balanced budget in January, the state must now "close an estimated $12 billion shortfall to balance the budget" because of President Donald Trump's tariffs, which have "driven a downgrade in both the economic and revenue forecasts" and increased spending for the state's Medicaid program. Despite this shortfall, Newsom's budget calls for maintaining or extending expensive government programs, including the state's cap-and-trade program, which was set to expire in 2030. Launched in 2013 to reduce greenhouse gas emissions (GHG) in the state,...
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We have been strong supporters of this Congressional Review Act effort because the automobile market is clearly interstate commerce. And Biden let Calfiornia take the lead to eventually ban internal combustion vehicles nationally.Banning gas cars is wildly unpopular. This may explain why every House Republican and 35 House Democrats – the biggest bipartisan vote on a green issue in recent memory – voted to let Americans drive the car of their choice.These are the 35 Democrats who voted yes, including two from California and six from New York:Next up is the Senate. Maybe.The Senate Parliamentarian is reportedly taking the puzzling...
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With Valero announcing the pending closure of one of its two remaining California refineries, the state will lose at least 18% of its current refining capacity by the end of 2026. Because California is an “energy island,” meeting demand for California and the parts of Nevada and Arizona that rely on its refineries will require costly imports of volatile fuel by emissions-heavy tanker ships. California Gov. Gavin Newsom has long blamed rising gas prices on refiners’ “price gouging,” but even though his own administration has said that it has no found no evidence of such, he called a special legislative...
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The ink is barely dry on Trump’s 10% tariff on Canadian energy, and already, fuel prices are bracing for impact. As Gasbuddy's Patrick De Haan puts it, “The real-world impact of tariffs won’t be to shift refining patterns, instead, it will be to add costs throughout the system.” Translation? Expect to shell out more at the pump. So why can’t U.S. refiners swap out Canadian crude for American oil? Simple: decades of infrastructure, billions in investment, and the laws of physics. The pipeline system serving the Midwest, Great Lakes, and Rockies was built to transport Canadian heavy crude south—not the...
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"No pipelines exist to feed gasoline in from other states.".. If you thought that the LA wildfires exposed just how mismanaged California is, you ain’t seen nothing yet. Russia. China. Venezuela. Iran. More than a dozen countries make gasoline at state-owned refineries. Could California be next on the list? Let’s see what do all of those places have in common? Tyrannical regimes. Miserable lives for much of the population. High levels of migration. Radical politics. Sure, California belongs on that list. California policymakers are considering state ownership of one or more oil refineries, one item on a list of options...
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NEW YORK, Jan 15 (Reuters) - Colonial Pipeline's main U.S. gasoline artery is expected to remain shut through Friday as the company continues to search for the source of a suspected leak in Paulding County, Georgia, the company said in a statement on Wednesday. Line 1, one of two mainlines on the more than 5,500-mile Colonial system, was shut on Monday night after Colonial received reports of a gasoline release. The pipeline moves gasoline from Texas to North Carolina and was earlier expected to resume service on Tuesday night, according to market sources. "Colonial continues on-site work to identify the...
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WASHINGTON -- The Environmental Protection Agency on Wednesday granted two requests from California to enforce strict standards for vehicle emissions, including a rule aimed at banning sales of new gasoline-powered cars in the state by 2035. The incoming Trump administration is likely to try to reverse the action. The California rule is stricter than a federal rule adopted this year that tightens emissions standards but does not require sales of electric vehicles.
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Michael Moore reacted to the murder of UnitedHealthcare CEO Brian Thompson by saying he wants to “pour gasoline” on the “anger” people feel toward the health insurance industry. In a Friday Substack post, Moore said that while he condemns “murder” in general, he does not condemn the “anger” people feel “toward the health insurance industry.” In fact, he wants to further fuel that anger. “The anger is 1000% justified. It is long overdue for the media to cover it. It is not new. It has been boiling. And I’m not going to tamp it down or ask people to shut...
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Gas prices are going down, but maybe not for long. California's Air Resources Board is set to vote on changing fuel standards to reduce emissions and improve air quality, but this would lead to an increase in gas prices throughout the state.
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WASHINGTON, Nov 5 (Reuters) - U.S. Capitol Police on Tuesday arrested a man at the visitors center who smelled like fuel and was carrying a torch and a flare gun, police said in a statement. The Capitol Visitor Center was closed while they investigated, U.S. Capitol Police said.
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Gov. Gavin Newsom had a dire warning for California this week: “Big oil companies are in cahoots with Donald Trump pushing prices even higher during election season.”
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A man was rushed to the hospital with severe burn wounds after setting himself on fire outside the Israeli consulate in Boston. Matt Nelson said in a video he uploaded to YouTube before arriving at the location that he was about to engage in an “extreme act of protest” due to “the ongoing genocide in Gaza.” Nelson’s identity and motive were not immediately apparent following the incident, which took place Wednesday evening. The video surfaced on Friday. The incident marks at least the third instance of self-immolation in the United States outside of an Israeli consulate or embassy in protest...
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Governor Gavin Newsom called lawmakers into a special session Saturday to address spikes in gasoline prices. The move follows pushback Newsom received on a request to approve a series of bills that would cut energy costs for Californians and require petroleum refiners to maintain a stable inventory. Across the nation, Californians pay the highest rates for gas at an average of $4.64 a gallon for regular unleaded, compared to the national average of $3.33, according to AAA. Electricity bills in the state have also nearly doubled in the last decade and are expected to keep outpacing inflation through 2027 as...
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Omsk oil refinery is responsible for 10% of Russia's gasoline output. And it just exploded, along with many other refineries' troubles. Putting two and two together - gasoline shortages are expected.
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The Biden administration announced Tuesday that it will sell off 1 million barrels of gasoline held in case of emergencies — with the Energy Department explicitly citing an interest in keeping gas prices low over the summer driving season ahead of the November election. The fuel will be released from the Northeast Gasoline Supply Reserve, a component of the Strategic Petroleum Reserve that was established in 2014 after Superstorm Sandy disrupted gasoline supplies in the New York City area. “The Biden-Harris Administration is laser focused on lowering prices at the pump for American families, especially as drivers hit the road...
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Oh boy, FOR ME there isn’t enough tinfoil folks. Then again, FOR US, we have previously been outlining the “watch Mexico in 2023” oil production and energy issue for several months now. Three oil refinery fires at three different facilities on the same day… isn’t good. Because it just seems to be too coincidental to be coincidental. MEXICO CITY, Feb 23 (Reuters) – Three fires broke out on Thursday at different facilities in Mexico and the United States operated by state-owned Mexican oil company Pemex, leaving five missing and eight others injured as of Thursday evening. (read more)Making tinfoil matters...
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The USA has called for Ukraine not to attack Russian refineries despite Russia's widespread offensive against several energy facilities in Ukraine. The Department of Defense has warned that such an attack could bring another spike in fuel prices worldwide. Michaelo Podoliak, advisor to Ukrainian president Volodymyr Zelenskyy, claimed that such facilities were legitimate military targets. In a recent interview, he also claimed that such an attack was not only legitimate but desirable on a worldwide level in order to weaken Russia's hold on the energy lobby. “Ukraine must destroy Russia's refineries. They have no impact on worldwide pricing, and are...
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Reporting from Western New York: gas price at my local gas station jumped $0.13 in the last 24 hours. I've never seen a hike that fast. Is anyone else seeing the same thing? I already see gold prices shooting up. Is this gas price? Starting to catch up to it now?
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