The price of gas. Go figure.

Here’s what I don’t understand.The United States gets essentially 0% of its oil from Iran, and our domestic supply hasn’t changed. Oil is supposed to be a supply-and-demand game, right? So why are gas prices still so high in the USA?People say oil is priced on the global market. Why are we still tied to that system?The United States is the world’s largest oil producer and a net exporter of petroleum overall. I’m not an expert on this, but it almost feels like the USA is somehow carrying or subsidizing other nations that rely on oil from different parts of the world.Can someone explain why global events (like those involving Iran) still drive up prices at the pump here, even though our own production and supply situation hasn’t changed?

 

We have friends in the Netherlands which makes me never complain about US gas prices. There is a reason why there are more bikes then cars where they live. Almost 10 dollars a gallon. It is rare you see an SUV where they live. Only cars are teeny tiny ones. And the bike riders are Aholes IMO. Cocky little pricks were lucky I wasn't a younger man.

 

I remember back in the 1970's during the Iran oil embargo and the price of US gas shot up from 35 cents a gallon to $1 a gallon and the stations started posting prices by the liter (about a quart) and setting their pumps the same way and it made ignorant people happy again.

 

I agree totally. Gas is pushing $6/gal in much of California. Last weekend I went into Nevada and gas was about $1.70 a gallon less. Calif sucks on the cost of living Could having 1/3 of the nation's welfare folks but with 12% of the US population be a contributor?

 

Its 3.80 a gallon here as of yesterday.

 

I had so much trouble with the metric system over there. I remember seeing a price I thought was great and was informed it was for a liter.

I think it was Jimmy Carter who thought we should switch to metric but of course we be stubborn.

 

California. The land of earthquakes, wildfires, and politicians who make the state unaffordable. They tax gas extremely high.

 

So many people who have the ability to get out of that state are leaving en masse for places like TN with lower housing costs, no income tax, and state government that runs in the black. They love it because their dollar goes so much further here than in CA. Unfortunately it is causing costs to rise at an insane rate, pricing out locals as income rates are not going up equally. Big downside is how people come here but refuse to adapt to their new home and biatch about roads, schools, politics, fewer social programs, etc. Those things cost money that we as taxpayers must foot the bill for. It blows my mind how transplants don't recognize that they are doing the exact same thing that ruined the place they came from. We have a saying here in East Tennessee: don't California my Tennessee.

 

I have a nephew who has an expensive electric car. It is a bad ass ride but I just can't see them ever taking over, at least in my lifetime. I watch people get out a book and start reading while they wait at the "pump" for their car to charge up.

 

Dude thats the whole south.