It's Tuesday, so it must be gasoline day:
Down another nickel! Thanks to Joe Biden's hard work, gasoline now costs less than it did 40 years ago.¹
¹Adjusted for inflation, of course.²
²Also, 40 years ago was 1982, the aftermath of the Iranian oil embargo. Still, gasoline is less expensive now than it was then. Facts are facts. Suck on that, Glenn Kessler.
When Factboi Glenn Kessler has lost Kevin Drum...
I imagine the provost at Poynter Institute has issued a fatwa on our Oranqe Qounty Reaqan Demoqrat. & they thought he was cool after he left Mother Jones!
🤣
Congrats to all who live in areas where it's under $4 now. I'm still paying around $4.50. But it was close to $5 a few months ago, so there's that. Fortunately I commute via bike most days and drive a Prius the rest of the time. Feel bad for the guys in those jacked up, knobby-tired 4x4 crew cab manhood compensator trucks that get 10 mpg. Wait. Not really.
It’s $5.45 at my local gas stations (San Francisco Bay Area). In fact, prices went up this week. Its become worth it to travel 3 miles to Costco where it’s $4.90.
Gas is $5.09 on the Kwik Stop in town. $5.39 at the Chevron here in Solano County, SF Bay Area.
My Chevy Bolt EV still goes about 40 miles on every dollar of electricity I put into it.
Here in southern Delaware it fell to $3.59. I work from home and I can and do bike places (though less than when I lived in Baltimore where plenty of things were within 2-3 miles of home-- here it's 5-8 miles) so I've been riding out the high prices tolerably well.
$3.69 in South Dakota! Of course, there are other aspects of living here that you won't find me shouting about from the rooftops.
It's regrettable that gasoline prices are falling. Combatting climate change would be helped if gasoline prices were to remain high and go higher.
While I agree in principle, that only works if the prices go up during a Republican administration and then stay high (without going higher) during a Democratic administration.
Exactly. We'll never accomplish what can be done if Ds get voted out for high gas prices.
What are greenhouse gases in an election year with a Democratic incumbent? Priorities, man!
All true, but remember: even more than that in 2016 Hillary would have been worse than Trump, in 2000 algore would have been worse than Dubya. By orders of magnitude more.
Bopping up a bit for Labor Day, so get ready for the screams. Of course, you'd think stay at home vacations might be getting more popular, but this is our last chance to play the Griswolds.
Critical Race Theory will DESTROY AMERICA!
Vote R to SAVE THE CHILDREN!
Education not Indoctrination!
(I saw the latter one a campaign sign here)
Here in Albuquerque, in my morning commute along Montgomery Blvd, last week gas had gotten down to $3.18.8 at a couple of stations! It stayed at that level for nearly a week, then suddenly shot up to $3.78.9. Prices have now been showly falling, a few cents a day, to where today's prevailing low was $3.59.9.
As luck would have it, I'm on my way out to fill up, anyway.
All right! With my grocery store discount, I got a rate of $3.43.9!
Grocery prices might take some of the shine off, but polling is starting to show the public is starting to feel less stress
https://www.marketwatch.com/story/consumer-confidence-rises-for-first-time-in-four-months-on-falling-gas-prices-and-slower-inflation-11661868411
Food is going to be apocalyptic. Russia energy warfare is forcing a lot of industry shut downs including ag. Some of the biggest fertilizer makers in Europe are cutting production by a third.
Starting to see 3.60s in a few spots. Low 3s is fine.
Hey look, it's Kevin "cherry picking" Drum doing what he does best.
AVERAGE PRICE UNLEADED (from doc linked to)
76 61
77 66
78 67
79 90
80 125
81 137
82 130 <---what Kevin want's Kessler to "suck on"
83 124
84 121
85 120
86 94
87 95
88 95
89 102
90 118
91 114
92 113
If you also take into account the fact that automobiles have much higher mpg than in the 70’s and 80’s, we are paying far less for gas now than then.
Factor in that the median age of Americans is 38.2 or so, and adjusting for inflation over more than a couple of decades becomes moot.