Sunday, November 13

Gasoline in the USA


 

A little over 2 years ago, the US of A produced enough domestic petroleum crude oil so that they did not have to buy any oil from other countries and as a result our gasoline prices were right around $2/gallon and this varied depending upon where you lived and the taxes that were imposed by local and state governments.


For instance, gasoline is more expensive in Chattanooga, TN than it is 20 miles away in GA because of taxes.   I will pay less for gasoline where I live than I would be paying in another city less than 20 miles north of me.


When President Biden took office, his first action was to cancel the Keystone Pipeline and shut down oil leases so that the US of A was no longer able to produce the crude oil they needed and began buying oil from other countries.  As a result gasoline prices increased.


COVID worsened the issue.  The war in Ukraine worsened the issue.  Supply chain problems worsened the issue and government spending worsened the issue.  When OPEC reduced oil production using the ECONOMICS EDUCATION they received in the US of A, that also contributed to gasoline price increases.


Gas prices came down because PEOPLE STOPPED DRIVING as much, including my wife and I, driving only when we had to.  We also stopped mowing our lawn every week because of gasoline prices.


The Democrats want us to stop driving gasoline cars and switch to electric cars which cost more to buy even though they cost less to operate.  Most American do not have the upfront money to buy a more expensive vehicle.


As far as my wife and I are concerned, our age is dictating that we only have about 10 more years where we will be able to drive....  buying a $60,000+ electric vehicle offers us a very poor return on our investment, especially living on a fixed income.


CONSEQUENTLY...  regardless of what the Democrats want, and regardless of how much the price of gasoline increases, we will REFUSE to purchase an electric vehicle and take UBERS when we stop driving.

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