A gas tax holiday won't fix Trump's high gas prices

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Entry #36,076

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Avatar lakerben -
#1
https://finance.yahoo.com/economy/articles/control-inflation-surges-highest-point-134550000.html
Avatar JAP69 -
#2
In 1960, the average price of gasoline in the United States was approximately $0.31 per gallon. Prices often ranged between 25 and 34 cents depending on the brand and location, with some "gas wars" dropping prices even lower in certain areas.Average Cost: 31 cents (or $0.31) per gallon.Inflation Adjusted: In early 2026 dollars, that 31 cents is equivalent to roughly $3.30–$3.42 per gallon.Context: In 1960, gas stations frequently provided full service for this price, including washing windows and checking oil.Based on historical data from The State and CreditDonkey, prices remained very stable around 29–33 cents throughout the early to mid-1960s.How much did gas cost the year I was born? See this list | The State1959. Gasoline Price: $0.28. Change from the previous year: $0.00. 1960. Gasoline Price: $0.29. Change from the previous year: $0.The StateHow much was a gallon of gas in 1960? - QuoraStuart Mantel. Business Analyst and Advisor (1994–present) Author has. · 5y. The national price of gas in 1960 was $0.31 / gallon.QuoraHow much did a gallon of gas cost in the US in 1960? #trivia #1960s ...2w. Byron Pate. In the late 60s, I remember paying $. 19 cents a gallon during gas wars, which we don't seem to have any more. Oth...0:15Facebook·Dave BartonShow all
Avatar JAP69 -
#3
how imported oil imncreased gas prices
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AI Overview
Imported oil increases gas prices by connecting the U.S. to a single global market, where local prices align with international demand and supply disruptions. When foreign supply decreases, global oil prices spike, forcing domestic refiners to pay higher prices for oil—both imported and locally produced—which is then passed on to consumers at the pump.
How Imported Oil Impacts Gas Prices:

    Global Market Pricing: Oil is traded globally. If a barrel can be sold for a high price abroad, U.S. producers will seek that high price, driving up domestic costs regardless of local production levels.
    Supply Disruptions: Disruptions to foreign oil supplies (e.g., conflicts in the Middle East) make the overall, total supply of oil in the world scarcer, raising costs worldwide.
    Replacement Costs: Gas stations often raise prices based on the high cost of the next delivery (replacement cost), rather than the cost of the fuel currently in their tanks.
    Refinery Dependence: While the U.S. is a major producer, specific regional refineries may still rely on specific types of imported crude. A drop in these imports can cause localized price spikes.
    Inelastic Supply: It takes years to develop new oil fields, meaning supply cannot immediately increase to meet rising demand, which causes prices to soar, say industry analysts on this Instagram post and this report from the U.S. Energy Information Administration.

Roughly
of the price at the pump is driven by crude oil costs, which are directly tied to these international market fluctu
Avatar JAP69 -
#4
I doubt the President can control the global market price of crude oil.
Avatar grwurston -
#5
lb link Politico
‘Out of control’: Inflation surges to highest point in 3 years, driven by energy

If inflation now  is "out of control" at 3.8% what was it when it was 9.1% during JB?
Avatar noise-gate -
#6
* Always excuses. Nothing is ever wrong with what this administration says or does.

* Apparently the war is fine, inflation is fine, gasoline & grocery prices are fine, why?

* Because according to the Cult, America has the Greatest President in history. Even Lincoln & FDR pail in comparison. Put Dementia aside, 47 is as Tina Turner sang “ He’s simply the best!”
Avatar grwurston -
#7
Last line. Exactly!!
Avatar noise-gate -
#8
* Right.  The followers of Jim Jones, David Koresh & the Bhagwan Rajneesh felt the same way about their Cult leaders.

* You prove on a daily basis that you deeply entrenched in a Cult, yet you constantly deny it. 😑
Avatar noise-gate -
#9
* Suddenly you have stopped chirping. Looks like my last post beheaded you.

* Try defending being in a cult, in fact point to any time in history where a Cult was a good thing 🤨😳
Avatar lakerben -
#10
Eight dollars a gallon in California.  Can qwurston and Jap69 defend that? The orange new felons oil buddies are ready to cash in?  The most corrupt administration ever.   Donald felon said Cuba is next!
Avatar noise-gate -
#11
* They in a Cult, they can deny it nine ways to Sunday but IF you cannot THINK of a SINGLE thing your leader has done wrong, you in a Cult. It’s one reason family members had all but given up on their brother’s & sister’s that joined the Cults of Jim Jones, Koresh & Rajneesh. They got so deep into that bs philosophy that they divorced themselves from reality.

* It’s no different from a junkie who’s strung out on drugs. You can preach to them the perils of their actions leading to death, but they driven & nothing is going to stop them from getting that fix.

* That in a nutshell is the MAGA movement. Who the +^>€€* storms a the country’s congress based off the word of a single person. They look at Trump as though God speaks through him, it’s the reason they find it difficult to condemn anything he does: be it the war, the tariffs, the prices at home etc etc. Yet they claim they know right from wrong. In order to cover their leader, it becomes * But Biden..
Avatar grwurston -
#12
$8.00 LOL Come on lb now it isn't.

As of May 12, 2026, California has the highest gas prices in the nation, with regular averaging approximately $6.15 per gallon. Prices have surged amid supply concerns and reliance on imported oil, with diesel averaging roughly $7.45 per gallon. These costs are significantly above the national average, driven by refinery issues, unique fuel blends, and market constraints.
Avatar grwurston -
#13
* Suddenly you have stopped chirping. Looks like my last post beheaded you.

HAHAHAHA!!! Yeah right. I just have better things to do. Now back to what I was doing...
Avatar noise-gate -
#14
* Like l said “ divorced from reality.”
Avatar jarasan -
#15
*sparkle-farts* doesn't own a car, or home, is on welfare, doesn't bathe regularly,  and is a stupid bitch.
Avatar lakerben -
#16
Sumb and numbwr magas!
Avatar lakerben -
#17
Dumb and dumber!
Avatar lakerben -
#18
How much money is the con making off all of this?
Avatar noise-gate -
#19
* Hey Jarasan: Pay attention to your personal hygiene. I will stick to educating you on your stupidity as l always do.

* No car, home, on welfare & not bathing regularly? seems like you discussing yourself or a close family member.That’s tragic- based on that, You have my deepest sympathy. 😣
Avatar grwurston -
#20
Dems  get rich.
Estimated net worth's before entering the presidency and after leaving:

CLINTON (1993–2001): $1.3M ? $120M
W. BUSH (2001–2009): $20M ? $40M
OBAMA (2009–2017): $1.3M ? $68.7M
TRUMP (2016–2021): $4.5B ? $2.4B

TRUMP is the only one to lose money.
Avatar noise-gate -
#21
* l read where the Trump family has made over$4 billion since 47 returned to the WH. Look, Trump is a businessman- no way he runs for President without thinking of increasing his wealth. He’s a super con man.

* Remember him saying that X amount of money from the Venezuelan oil is going into a bank in the Middle East. That money isn’t going to his supporters, it’s being funneled into the family business.

* He even mentioned a few weeks ago that HE was prepared to seize Iranian oil/ thinking the country would fold after the initial bombing. Iran wasn’t prepared to be occupied by the felon, recall
That he wanted to have a SAY in who was going to be the next leader running the country. The guy is delusional & both mentally incompetent & has dementia. Those are not guesses.😕
Avatar noise-gate -
#22
* If Trump cared about the US, he would be focusing on making life easier for Americans. Instead he’s stealing oil from S America & wanted to get his hands on the Ayatollah’s oil- they said NO!
Avatar noise-gate -
#23
* Trump ran for President to enrich his family- end of story. Remember that he asked his supporters, many of the clowns on LP who forwarded him over $250 million dollars to FIGHT election integrity. That money has been unaccounted for ever since. Wanna know where it’s at? The Trump vault.
Avatar lakerben -
#24
Qwurston wake up!
Avatar noise-gate -
#25
* He's not paying attention to what you saying because he's to busy scouring the internet looking for an answer to my claims.  My posts are bulletproof& then they start attacking me because their conspiratorial sites don't have the answers.

* Then they point out that l don't have a blog, why should I have one when l am getting so much fun out of taking them apart here!

* My posts #21-23 are bulletproof, everyone knows l am not pulling this information out of my a**. These are known facts, to all* except the demented followers of the grifter. 

* He knows that if he loses the house, all the investigations into the corruption of his family & dealings with countries & other agencies will grind to a halt, and so will the money.

* He points out Bush: Both Father & Son never ever said we here to ( take the oil?) from Iraq or Kuwait. Yet Trump openly claimed that ( Oil money) would be gifted him, then he said the same thing about Iran. It's always * Where can l get more money for my family?

* Hes running scared evee since I told him that l beheaded him. Maybe he can't find his head.

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