It now costs nearly $100 to fill up a mid-size car with gas in California. Though gas prices are rising amid the decision by OPEC+ to cut 2 million barrels of oil per day, California prices have little to do with it. Jonathan Vigliotti takes a look.
#gasprices #california #news
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30 Comments
This is good for my stock portfolio.
What happened in Michigan. Gas jumped up 40 cents a gallon in one day! Was $3.89 3 weeks ago…. now it’s $4.49. Seems to be a little price gouging going on.
And increasing tax on everyone, I've been to California 4 times, Nice place to visit but would not want to live there.
When gas dropped a little Biden took credit for it.
Now Biden is disappointed but it's out of his control?
Yeah I'm disappointed too
we don't need God damn gasoline we can put dope use dope to move those scars that's where I drove back then it's promising dope dope heads crackheads prostitutes and death of the African-American children brain dead by dope not books but dope good dope you vote Democrat free dope for your vote free dope for your vote the future of America dope heads potheads crackheads no hope without dope no hope without dope
You democrats keep voting for it. We told you idiots what would happen. Trump warned u!!! Miss the old tweets yet?
I wonder if Biden will take responsibility on the latest price increases. When inflation is at 10%. How will he explain that?
Bs
Ok… but what's the real reason???
Before OPEC began cutting their oil, the gas was already going up from $3.74 to $3.86 to $3.99, here in Illinois.
American oil companies have a cartel and they are setting domestic price of gas at a very high level to make abnormal profits. Previously when a barrel of oil sold at 140 dollar we paid 4 dollar per a gallon of gas. When the price of a barrel of oil was sold at 78 dollar about 10 days ago we paid about 4 dollar a gallon. Mathematically, the price per gallon should been about 2.25 dollar at most. But we paid 4 dollar, leaving 1.75 dollar extra profit per gallon. The extra profit means the original profits whatever it was now 1.75 dollar added to it. It is a double profit per gallon.
The higher price of oil is because of Biden's sanctions on oil from Iran, Venezuela, and Russia. In total Biden is taking 10 million barrel of oil of the oil market. Added to his sanction is the bombing of the Russian oil and gas pipelines by Biden and his dudes. Finally, OPEC + cut will start gradually in three months from now. The American Media sits the problems of oil price to Russia and OPEC+. But the fact is simple in that oil problem is due to Biden's sanctions and bombing and other domestic reckless decision about the environment. Biden can do whatever he likes but his decisions have costs on others. He does not see these costs.
The most wonderful thing here, is that almost no one wants to watch 'CBS Evening News'. The public has almost totally ditched the propaganda channels. They claim 1.58 subscribers…and almost no one watching… truth matters and the MSM is just lying, and people have caught on.
Why are they cutting production 😡so tired of these bs and them😡.
he ADMITS we need OIL by once again opening up SOR
I wonder if California is out of line.
Can you name one problem in this country that has been solved by this administration? Just name one
Biden isn’t good at begging apparently
October surprise by killers OPEC+ mbs putn just before the mid term elections.
Gas prices hiking just before elections can be most dangerous manipulation of internal affairs by foreign governments in the USA.
Technically America doesnt need opec, America has the ability to produce and be independent and not reliant on them or anyone else, but it goes against the green agenda and therefor, the green ideology has expectations that are not realistic and thus America is no longer a major producer! The laws they create are not beneficial to the country and therefor does not make sense, so, how about exclude production from the green agenda laws and not be dependant on others and also bring our prices down! The green agenda should be focused on the energy grid that is powered by multiple products from solar to windmill and storage of the energy, basically multiple layers of energy formats, bringing it to people over time as this takes time to do it right!! The infrastructure is not there, unless you Nationalize energy and magnify the wireless charging idea on a grand scale, basically a form of tesla tech, and charge the basic citizen a flat rate fee of one dollar a month which would amount to 258 million or more a month, as that is how many adults America has, and that is more than enough to do some cool things!
I say don't drive and use the road as the sidewalk
I can’t wait until we get off the oil teets of foreign powers that want to damage the US. There’s a reason why they did this right before an election.
🤠🤠🤠🤠🤠🤠🤠🤠🤠🤠😎😎😎😎😎😎
California trying to reduce traffic… on the 101
Don’t we produce more oil than opec in the US ?
Brandon really killed it with the Saudis. What a statesman, what a negotiator! Those who voted him in were so smart and saw the greatness the rest of us couldn't see. So wise how he handled Putin, Afghanistan, and the border. So clever to give 80 billion to a corrupt country. And blowing up the pipelines will surely profit America as Blinken said, even if we do lose friendships with our allies.
California gas prices $6.55/gal
I wish russia would just nuke California already. End me putin 🙏
go buy a TESLA you cheap skates!
Bro they cut 2million barrels like the don't produce a few dozen million barrels a day lmao yall getting scammed 🤣🤣🤣.
I just wish the USA had it’s OWN petroleum resources…
but GretaLovers told me we don’t have any of our own oil and gas deposits.
VOTE ACCORDINGLY.