Free Republic

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...

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...

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?

‘Historic progress’ on electric cars may turn into a historic rout in swing states. This week’s Environmental Protection Agency tailpipe rule amounts to an imminent ban on gasoline-powered cars Who else approves? The White House will point to a cheerleading automotive industry, but peek behind the pom-poms and you see an administration with a gun to carmakers’ heads... “They’re coming for your truck.” An energy trade group has already been up with ads making that point in swing states, calling on Americans to reject Biden’s “EPA car ban.” Today’s Democratic Party is entirely dedicated to the proposition that all Americans...

I have a friend who frequently says that, if you control CO2 outputs, you control everything. Let me explain: Every aspect of modern life is dependent on hydrocarbons and, when hydrocarbons are burned for energy, they produce CO2. By demonizing CO2, you demonize hydrocarbons, which means…ta-dah!...you get to block hydrocarbons and control everything. We’re getting a glimpse of that with Joe Biden’s new energy emission rules, which will effectively make it impossible to build a gas-powered car in a few years, forcing people into costly, dangerous, unreliable, and dirty electric vehicles. Here’s the report from Fox:The Biden administration has finalized...

Bill C-372 is stirring up a storm that’s leaving citizens questioning the bounds of expression. This Canadian bill, on the brink of becoming law, is raising eyebrows for taking an unconventional stance on the discussion around fossil fuels. The crux of the matter? Bill C-372 aims to make it illegal to advertise or express anything positive about fossil fuels. Yes, you read that right – talking about gasoline and oil could land you in hot water, with potential consequences including two years of jail time and a hefty $500,000 fine.

Russia has approved a temporary ban on the export of gasoline, a representative for the country's Deputy Prime Minister Alexander Novak told local media on Tuesday. Beginning May 1, Russia will impose a six-month ban on gasoline exports to allow the country to "offset the booming demand for petroleum products," the official told Russian Prime Minister Mikhail Mishustin in an internal letter in January, publication RBC reported. Fuel shortages have been reported nationwide in Russia, which is one of the world's biggest producers of oil and gas. Wholesale fuel prices have soared across the country, and Ukraine has ramped up...

Goodbye free markets! Hello heavy-handed government cronyism. So, despite recent declines in energy prices, gasoline prices are still up 46.25% under “Green Joe” and the all important for shipping, diesel prices, are still up 55.6% under Brainless Joe. One would think that massive rises in gasoline and diesel prices would make everyone buy an electric vehicle (EV). But alas, the high cost and unreliability of EVs is turning off consumers. (I own a hybrid and wish I didn’t). Another one of the Biden administration’s “visions” for forcing people to own electric vehicles isn’t working out exactly as planned. Both Ford...

The Biden administration is poised to soon finalize gas-powered car tailpipe emissions standards that consumer advocates and energy industry groups have dubbed a "de facto electric vehicle mandate." The Environmental Protection Agency's (EPA) proposed tailpipe emissions – which were in recent weeks submitted to the White House Office of Management and Budget for final review – are designed to ensure a staggering 67% of new car sales are electric by 2032. Over the weekend, the New York Times and Washington Post reported the White House is set to double down on that lofty goal while loosening earlier targets. "The President...

Just a few months ago, Hertz committed to making electric vehicles a quarter of its rental fleet. They had already announced an intent to partner with Tesla as a major provider for their future fleet, which had pushed Tesla’s value even higher. Supposedly, the scale of the demand and usage would lower costs across the board and make fleet maintenance all that much easier for Hertz and other rental agencies. Now, however, Hertz has hit reverse — and taken a big hit to its bottom line. Bloomberg reports today that the leading rental company wants to sell off a full...

Global gasoline consumption hit a record 26.9 million barrels per day (bpd) this year, exceeding the 2019 peak and defying estimates that the last pre-pandemic year was the time when gasoline demand worldwide would peak. The data, reported by Bloomberg Opinion columnist Javier Blas, shows the latest figures from the International Energy Agency (IEA). The same agency, which has been strongly advocating for a faster energy transition for years, had predicted just this year that 2019 was the peak demand for gasoline globally. Back in June, in its Oil 2023 annual report, the IEA said that “Growth is set to...

Have a holly, jolly Christmas! Despite it being far more expensive under Bidenomics. The ‘Misery Index’ is near its lowest level since pre-COVID, but Misery Index masks the true horrors of Bidennomics: 20% higher food prices, 19% higher rents and 61% higher gasoline prices under Bidenomics. Americans should be in a better financial position heading into the holidays, according to a famous formula developed in the 1960s under President Lyndon Johnson. The sum of U.S. unemployment and inflation – known as the “misery index” – fell to 6.8% in November from 7.5% the previous month. That’s the lowest since the...

The sell-off in the oil market accelerated Wednesday, with US crude prices sinking below $70 a barrel for the first time since July. The latest wave of selling bodes well for consumers, suggesting gas prices could fall even closer towards $3 a gallon nationally. Gas prices bottomed out at $3.10 a gallon in late December last year just before Christmas. The national average hasn’t been below $3 since May 2021. US crude tumbled to as low as $69.11 a barrel on Wednesday, the lowest intraday level since June 29. Oil closed at $69.38 a barrel, down 4.1% on the day....

Biden’s team is bragging about how “they” are making Thanksgiving more affordable! But remember, every little thing Biden says is gibberish. Or an outright lie. Even other Democrats are taking Sting and The Police’s advice of not standing too close to Biden. Yes, prices of turkey (that we eat) and gasoline (used to drive to family/friends) have declined a little recently. BUT turkey prices are still up by 235% since Biden was sworn in as President. And gasoline prices are still up 47%. One of Biden’s “economists” came out and said gasoline is now lower than it was in 2020....

Sheetz has lowered gas prices chain wide to $1.99 for this week in all 5 East coast states. Sheets operates more than 500 stores around the country.

Sales of electric vehicles in the US have plateaued even though sales of cars overall remain healthy - suggesting many buyers are in no mood to ditch gasoline models anytime soon. Over the last six months, overall car sales have been higher than they were for the same months in 2022 or 2021 - when demand for EVs was still increasing. But in 2023, EV sales during the same period have stalled at around the 100,000- a-month mark following a period of rapid growth. The reduced demand has seen inventories stock piled, with prices of EVs slashed over the last...

I have a 50 gallon reserve fuel tank that I fill up when i find slightly cheaper gas on occasion and I've noticed that different places cut me off for different reasons. One place cut me off at 35 gallons. Another place, 25 Gallons. Today I was cut off at $99. I dont understand why the inconsistency. BTW, I am located in the Huntsville, Alabama area. 87 octane was $2.79 today.

Biden is the God of Hellfire! Forcing Americans to support China. The actual cost of charging an electric vehicle is $17 per gallon, and automakers are losing $36,000 per EV they sell. Its enriches China and makes the US dependent on Chinese batteries and minerals controlled by China. Ford EV sales are almost nonexistant. High prices, big losses per vehicle sold, a dearth of charging stations for travel. At least Biden will say the pain he is causing actually “hurts so good.” Here is California governor and greaseball Gavin “Gruesome” Newsom test driving a Chinese EV on his trip to...

Gimme (expensive) shelter! Following August’s bigger than expected jump (driven by surging energy prices and healthcare methodology changes)., September’s CPI was expected to slow (+0.3% MoM) with the YoY pace inching back lower (from 3.7% to 3.6%) after rebounding for two straight months. However, headline CPI came in modestly hot at +0.4%, with YoY at 3.7% – that is the 3rd monthly rebound in a row. Source: Bloomberg Core CPI rose 0.3% MoM, with YoY sliding to +4.1% YoY (as expected)… it still hasnt been below 4.00% since May 2021…. Source: Bloomberg Food and Commodities contribution to YoY CPI slowed...

Forecourt fuel prices will increase from midnight tonight — adding €1.28 and €1.48 to the cost of a 60-liter fill of petrol and auto diesel respectively. There will be a €7.50 increase on the current rate of carbon tax that is applied per tonne of carbon dioxide emissions by carbon fuels. This will bring the carbon tax rate up to €56.00 per tonne. The increase in carbon tax will subsequently be applied to all other carbon fuels, including solid fuels and home heating oil, but not until 1 May 2024. It will add 90 cents to the cost of a...