• mx_smith@lemmy.world
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    21 hours ago

    I just drove across seven states in the US and the lowest gas prices were in the red states. I don’t know why that was unless there is some sort of state subsidy to keep Trump from looking stupid.

    • Duckingold@lemmy.world
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      7 hours ago

      Indiana suspended gas tax from April until July 7th. It will likely keep getting extended as long as Trump wants it. We’re sub $3 in areas of the state.

      We also cut school budgets so my kid won’t have a full time PE, art, or music teacher next year. I’m sure it’s unrelated.

    • invertedspear@lemmy.zip
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      20 hours ago

      A lot of it is tax based, but there are some other factors. CA has high fuel taxes, but they also have higher standards to ensure cleaner burning. AZ is a good place to see how much difference the cleaner burning fuel costs because Maricopa county (Phoenix area) requires gas stations to use CA standard fuel, but not the rest of the state. So compare gas in Phoenix to gas in Tucson.

      There are a lot of other factors such as transportation costs, and infrastructure that keeps gas cheaper in the southern states where there are more refineries. Or coastal states where crude oil is more easily shipped to.

    • BeardededSquidward@lemmy.blahaj.zone
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      20 hours ago

      Looking at a map of oil refineries in the USA, there is a lot all over the midwest which trend red. Given rail is pretty big in those areas it’s cheaper to ship to markets.

  • melsaskca@lemmy.ca
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    22 hours ago

    Gas prices cut. BOOM! Government subsidies given to oil companies to offset their loss. BOOM! End users pays for it all yet again.

    • A_Random_Idiot@lemmy.world
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      18 hours ago

      and theres no money to pay for it, so it will, of course, be paid via another massive, crippling blow to our already exploding debt.

      because debt doesnt matter under republicans.

      and debt doesnt matter to trump because he’ll die before facing any of the consequences.

  • Jaysyn@lemmy.world
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    22 hours ago

    Oil may be $68 a barrel right now, but the gas they are currently selling wasn’t made from it.

    But you’d have to not be a moron to understand that.

    • Auli@lemmy.ca
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      21 hours ago

      Sure sure what a bullshit excuse. Why do prices rise instantly then. I have heard oh they Ned to charge the replacement cost. So which is it?

  • Zier@fedia.io
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    1 day ago

    Trump promised $2/gal on ‘day one’ of his presidency. So where the fuck is our $2/gal? Liar!

  • MrSulu@lemmy.ml
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    1 day ago

    So, they go out of business, monopolies buy them up, operated by price scalpers? Great plan… For evil Nazi scumbags

  • Jay@lemmy.ca
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    1 day ago

    He didn’t give a shit a little while ago, but I guess his handlers realize that’s not winning any votes and with the elections coming up…

    But don’t worry, he’ll stop caring the second he wins again.

  • EndOfLine@lemmy.world
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    1 day ago

    The retailers? Wouldn’t that be the gas stations? Is he targeting the small business / franchisee while giving the oil companies a free pass?

    • SaveTheTuaHawk@lemmy.ca
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      21 hours ago

      The gas stations make no money on gas. Gas just brings in customers for the delicious hotdogs.

    • OwOarchist@pawb.social
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      1 day ago

      The big oil companies already laughed and his face and told him ‘shut your stupid mouth or we’ll use our lobbyists to get you impeached’.

    • OwOarchist@pawb.social
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      1 day ago

      Eh, the gas retailers (gas stations) are usually running on pretty thin margins when it comes to the fuel.

      They make most of their money from selling other overpriced stuff in the attached store.

      They do (usually) make some profit on fuel, yes … but comparatively quite little most of the time. Because competition is stiff, and people will absolutely go to a different nearby station if the other one is even 1 cent cheaper.

      For most of them, significantly cutting the cost of fuel would mean selling fuel at a loss. Of course, absolutely zero stations are going to do that just because of some vague (and probably toothless) threats from President Pedo.

      • mic_check_one_two@lemmy.dbzer0.com
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        1 day ago

        Yeah, gas stations in competitive areas will even occasionally sell gas at a minor loss, to drive more traffic into the lobby where they make the vast bulk of their profit. Gas station pump prices are almost universally determined by the price they can get their fuel at. And that price isn’t set by the station, it is set by the refineries and distributors, who largely base their prices off of oil futures. And oil futures don’t give a fuck what current oil prices are. If gas prices are high right now, it’s because gas distributors expect the price of oil to go up again.