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Old 06-10-2019, 04:04 PM
 
Location: San Diego CA
4,857 posts, read 3,382,404 times
Reputation: 7744

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Running about 3.50 a gallon here. No decline for San Diego.
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Old 06-10-2019, 04:20 PM
 
Location: New Orleans, La. USA
5,924 posts, read 2,834,056 times
Reputation: 2184
Quote:
Originally Posted by skeddy View Post
good to see the little guy get a break. Thanks President Trump.

The national average price of gasoline has fallen 7.1 cents per gallon in the last week, averaging $2.73 per gallon Sunday. The national average is down 12.9 cents per gallon from a month ago, yet stands 17.8 cents per gallon lower than a year ago.

"The decline at the pump is likely to continue but may slow down in a few couple weeks as President Trump made a deal with Mexico over the weekend to avoid tariffs. With gasoline inventories also growing in most areas of the country, the transition to summer gasoline complete, motorists will continue to see prices moving lower as the summer driving season gets underway. We're likely to see more good news at the pump than bad for the foreseeable future."

more winning...loving this economy
Average price per gallon of gasoline,

2016- $2.14
2018- $2.72

https://www.statista.com/statistics/...es-since-1990/
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Old 06-10-2019, 04:25 PM
Status: "serving a suspended sentence for not being a right winger" (set 23 days ago)
 
Location: Columbia, SC
7,329 posts, read 4,451,264 times
Reputation: 8839
Quote:
Originally Posted by chad3 View Post
Average price per gallon of gasoline,

2016- $2.14
2018- $2.72

https://www.statista.com/statistics/...es-since-1990/
You may need to spell that out for some of the right wingers here.

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Old 06-10-2019, 04:34 PM
 
Location: Buckeye, AZ
27,312 posts, read 15,776,861 times
Reputation: 9864
Quote:
Originally Posted by Joe the Photog View Post
Every few weeks, some right winger tries to give credit to Trump for lower gas prices. Which is funny since gas prices have risen since Trump took office. Gas prices have been volatile for a long time, most especially the last fifteen years. I remember paying 89 cents a gallon in the late 80s, then it went over a dollar in 1999. I remember the first time I paid $2 was in 2005.

Retail price of regular gasoline in the United States from 1990 to 2018 (in U.S. dollars per gallon)

As others hsve said, whoever is president shouldn't get much credit for low gas prices because, if nothing else, the price typically goes back up. In fact, here is an 18 month chart showing that gas was at about $2.20 last November and it is $2.70 now, Does Trump deserve blame for that increase?

18 Month Gas Price Average

The level some folks will go to give this president credit for stuff he had nothing to do with is astounding
They went down in the long run under Obama but at times were high. Under Trump is they were lower last year and then crept up due to the refinery fire and shortages. Two years ago they were relatively high, but not an unbearable level. I don't think I can truly blame Trump, but it just shows the economy isn t working for us little folk as much as Trump supporters think it is.
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Old 06-10-2019, 06:31 PM
Status: "I hate living in Georgia!!" (set 11 days ago)
 
48,089 posts, read 45,475,380 times
Reputation: 15326
Gas prices were dropping during the Obama administration too.
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Old 06-10-2019, 08:34 PM
 
623 posts, read 127,697 times
Reputation: 397
Quote:
Originally Posted by skeddy View Post
good to see the little guy get a break. Thanks President Trump.

The national average price of gasoline has fallen 7.1 cents per gallon in the last week, averaging $2.73 per gallon Sunday. The national average is down 12.9 cents per gallon from a month ago, yet stands 17.8 cents per gallon lower than a year ago.

"The decline at the pump is likely to continue but may slow down in a few couple weeks as President Trump made a deal with Mexico over the weekend to avoid tariffs. With gasoline inventories also growing in most areas of the country, the transition to summer gasoline complete, motorists will continue to see prices moving lower as the summer driving season gets underway. We're likely to see more good news at the pump than bad for the foreseeable future."

more winning...loving this economy

2.42$ here. I can drive 15 miles east and its 2.32$ Loving it! My SUV fill up went from 80$ to 75$ to 70$ just over a months time! Be nice if I can get it down to around 50$ or so.
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Old 06-10-2019, 08:39 PM
 
Location: Sonoran Desert
29,350 posts, read 39,755,281 times
Reputation: 18787
Prices are down on weak economic data and tariff threats by Trump. Yup, Trump is responsible.
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Old 06-10-2019, 09:15 PM
 
51,917 posts, read 41,791,093 times
Reputation: 32393
Quote:
Originally Posted by green_mariner View Post
Gas prices were dropping during the Obama administration too.
True. Gas prices became weaponized politics starting about 15 years ago.

Yeah, remember the Senate show trials of the oil execs during the Bush administration?

To recap, oil companies lost huge money in the 80's and 90's and were forced to merge. Ultimately, one of them became the largest company in the world in terms of revenues or some such measure and then they were pilloried for having the largest profits in total dollars despite having a profit % about half of Apples.

The execs getting grilled should have had their "do you have no sense of decency" moment right then and there and called out the grandstanding Senators and their presidential aspirations for it's general naked ugliness.

Remember everyone, for every $3 you pay for a gallon of gas, after taxes the oil company is keeping about 10-15 cents and state and federal govt. is getting somewhere in the neighborhood of $1.50.
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Old 06-10-2019, 09:55 PM
 
1,740 posts, read 593,236 times
Reputation: 1336
Neither Obama nor Trump are responsible for falling oil prices. The man responsible is named George P. Mitchell, who combined hydraulic fracturing with horizontal drilling to unlock shale oil and gas.
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Old 06-10-2019, 10:01 PM
 
20,673 posts, read 8,819,392 times
Reputation: 7144
Quote:
Originally Posted by skeddy View Post
good to see the little guy get a break. Thanks President Trump.

The national average price of gasoline has fallen 7.1 cents per gallon in the last week, averaging $2.73 per gallon Sunday. The national average is down 12.9 cents per gallon from a month ago, yet stands 17.8 cents per gallon lower than a year ago.

"The decline at the pump is likely to continue but may slow down in a few couple weeks as President Trump made a deal with Mexico over the weekend to avoid tariffs. With gasoline inventories also growing in most areas of the country, the transition to summer gasoline complete, motorists will continue to see prices moving lower as the summer driving season gets underway. We're likely to see more good news at the pump than bad for the foreseeable future."

more winning...loving this economy
Gas prices have always been up and down. Should we give credit to every president when itís cheaper. No, of course not.
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