Tag: Price of Gasoline

Gas Prices Pass $4/Gallon — Highest Since 2022

Buck Banks

+$4

U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday, as the Iran war pushes fuel prices higher worldwide, reports the Associated Press. According to AAA, the national average for a gallon of regular gasoline is now $4.02 — over a dollar more expensive than before the war began on Feb. 28, marking the largest monthly jump the motor club has seen on record.

Prepare for $5 Per Gallon Gas

Buck Banks

$5.00

Nate Silver: “According to the AAA, average retail gas prices in the U.S. are now $3.45 per gallon, up about 50 cents from a week ago. However, the problems are likely to worsen significantly as supply chains are disrupted. Traders at Polymarket anticipate that the most likely range for gas prices to land by the end of March is between $4.50 and $5.00. And although there’s a wide range of uncertainty, there’s a 41 percent chance they exceed $5.00 by the end of the month.”

It’s Not Your Imagination — Gas Prices Are Higher Under Trump

Trish

Take a look at this graph from AAA and you might think, “Yes, the price of gas seems high but it’s not the highest it’s been lately. Look how high it was in June of 2015! And how about September of 2017? Thanks Obama!”

Hold on. While it’s true that the price at the pump always goes up in the summer, look at each of the past Januaries. Now are you feeling worried? You probably should be.

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First Traffic Fatalities Rise in 50 Years — Blame Cheap Gas

Buck Banks

7.2%

Amount traffic fatalities rose in the United States in 2015, Reuters reports. “That runs counter to five decades of decreases. Cheaper gas, leading to more miles driven may be partly to blame. The last time U.S. traffic fatalities rose at a greater rate was in 1966, when they went up 8.1 percent. That was two years before the federal government required seat belts in cars.”

O’Reilly: Next Time You Hear a Politician Say He or She Will Bring Down Oil Prices Understand It’s Complete [Bull Shit]

Jon Ponder

Next time you hear a politician say he or she will bring down oil prices understand it’s complete [bull shit]. Americans want lower gas prices — cut back. Sell those SUVs. Ride a bike when you can. If every one of us bought 10 percent less gasoline, prices would fall fast. That’s what the candidates should be saying. We need a strong leader who’s honest, smart, courageous and willing to explain dubious associations. That’s what we need.

– Bill O’Reilly on Fox News, March 21, 2008