Trump to End EV mandate today(1/20/25) *** ADMIN WARNING: NO POLITICS TALK, ONLY POLICY ***

[JesseS]

Come to NJ a gallon of gas is $3.60, which is ridiculous, prior to covid and the previous president. I was paying $2 per gallon.

no, but for me to have to pay $60 for 16gallons of gas every week is insanity. Compared to 7 years ago when i was paying half. I would rather have kept that price than the $60 i am now. Cant wait for the price to drop again from energy independence.

It won't drop much, then inch back up. The Oil companies don't want it to drop, plain and simple. The oil storage capacity in the US is close to full, and we are pumping at near max now, plus we are exporting oil, if they can pump more (it takes on average 3-5 years to bring a new oil field to production) then they won't drop the price, just export more for more profits. Our refining capacity is maxed out, why they spike the price whenever one is down for maintenance. Build a new one you say? at 10-25 Billion that is a big NO from the oil companies with the looming transition to EV's. So your gas has gone up $1.60 in 7 years, that's about $0.23 a year, in line with inflation and much less than say groceries.

 

[joewilk45]

Oil companies know if they keep it below 4 bucks a gallon and always raise it during vacation time and summer society will except it . Beer stores order more during peak season Oil companies charge more for what they have stored. And I bet the solid state battery company will have ties to big oil. People with power don't relinquish it they adapt but at the speed that makes sense for their current assets. We are the ones shouting we want Barabus only now it's we want a Scout not much has changed in society has it??

 

[TwoJacks]

Not really mostly everything you said is wrong.

Explain to me why Gas prices are still high then if were in a “oil oversupply”. Its because we don't have enough oil. Read and research before you speak.

Maybe do your own research. Over supply is an energy industry term that describes projections of world demand and supply. We are in an over supply situation because production is more than able to meet world demand. And oil prices are not at historical highs as a result. Gas prices are not either, but gas prices are far more complex than just looking at oil prices. And no, I wasn’t wrong in everything. There was no real mandate, and subsidies are indeed law, even today. What part of that do you dispute.

 

[volswagn]

Good to see some fact checking here by @JesseS @joewilk45 @TwoJacks and others. The days of sub-$2 gasoline are over, it doesn't matter how many dinosaurs we dig up. The entire system is "optimized" by the global Big Oil & Gas companies for a balance between what people will tolerate and the amount of money the companies can extract from the world's citizens in whatever area they're selling. They're not happy with the spikes (that hit regionally when - as mentioned - refineries go offline due to maintenance or natural causes), and they're not happy with the dips when supply exceeds demand. It's remarkable to me how so many think the US president has so much control over these scenarios. It's a global market. We have influence, not control.

 

[RBLili]

Yup. It's the direction that the planet is heading though - even in third world countries, solar and battery is still cheapest and first-world countries have to ensure that they're not burning things for energy and heat. We're all in the same pool, after all and we can't just throw up our hands and say, "well, no one else is doing it, so why should we?"

Analysts suggest that this year, China is projected to meet all of its power demand growth with renewable energy and will also reach "peak emissions" this year. So it's not like other major polluters are doing nothing. The EU is doing its part as well, reducing emissions by 8%, bringing them to 37% below 1990 levels (even as their GDP has grown by 68% over the same period).

Individual transit is only a small slice of emissions anyway, but my feeling is we all have to do what we can, and emissions will only be tackled as a "death by a thousand cuts" mentality - the entire economies of large countries need to be de-carbonized. Electric vehicles for personal and municipal transport are only part of that, as are heat pumps, zero-emission concrete, etc. etc. etc. We need it all, and it doesn't seem like any politicians coming into power around the world right now have any will to move forward with it. I think we're out of runway anyway unless some technological miracle happens. The ocean "heat sink" has absorbed as much as it can, and our CO2 concentrations are at a mean of 426ppm - the highest in over two million years.

Should be interesting.

I agree 100%. Very dispiriting at this point.

 

[joewilk45]

What's amazingly scary is what people don't question and believe. I think that's why it's refreshing to read the opinions of others with commonsense and I commend Scout for being involved and hope some of the input makes it to the product. Bring back the Edsel !!

 

[timmyhil]

The real issue is that OPEC need to change the price of Oil to be lower at its true value so that gas prices can lower and gas will have value and be a profitable trade item.

 

[maynard]

EV tax credit of 7,500 to stay in place.

I would probably still purchase - but this really makes it better!

 

[timmyhil]

I would probably still purchase - but this really make it better!

Yeah to me it makes no difference, but it does allow for more customization before seeing that $7,500 add to the price.