Truesee's Daily Wonder

Our 3 marxist baby-killers don't care what it costs.
They feed at the public trough.
Always have, always will.
Free Stuff is their business.
Free Stuff is the name of the game.
Like Numbnuts says: Work is for fools.

* For someone who goes around as though he has the " all seeing eye" your knowledge on a great many things is lacking.... bigtime. Listen up Bhagwan. Cut and paste time since whatever l say with be greeted with skepticism.

* Who controls gas prices in USA?
The law of supply and demand regulates gasoline prices, as it does nearly all commodities. Both supply and demand are changing all the time, as new oil wells are discovered and as economic conditions impact consumer demand.
Jan 6, 2022



* Does the President Control Gas Prices?
By Jeff Lenard 3 min read

Truth be told, U.S. presidents have very little control over the price per gallon.

February 03, 2021

Let�s start with a basic assumption that we can all agree upon: Politicians and their political parties don�t want to be affiliated with high gas prices.

Gas prices are the ultimate pocketbook issue that everyone talks about. Songs are written about them. You don�t see that about eggs, bread or milk. Or property taxes, for that matter. Quite simply voters hate high�or rising�gas prices. That�s probably the main reason that the federal gas tax hasn�t budged since 1993 when it was increased to 18.4 cents per gallon.

So given that every politician wants to take credit for keeping gas prices in check, or better, lowering them, and every one running against an incumbent wants to pin blame on the person in charge, it makes sense that politicians would do everything in their power to keep gas prices low. Especially presidents.

So why are they so bad at it?

Actually, it�s not that they�re bad at it. It�s that they have very little control over it. Yes, policies and legislation can certainly play a role, but gas prices are largely dictated by oil prices and oil prices are dependent upon supply and demand. Presidential control is not as simple as what those posts suggest on social media.

HOPE YOU WERE PAYING ATTENTION.. Yikes!

farticus don�t care, mom pays for the gas and the hot pockets.

Bottom line Trump put in laws to increase oil and gas production in the US and the prices came down. First day in office biden put in laws to decrease production, and made us more dependent on foreign suppliers again so now prices are up.
If he had left things the way they were, prices would still be low.

* Trump did this, Trump did that- yet despite all your water carrying for the guy, the voters saw past that and decided they needed a course correction & benched him. Then he showed his true colors by attempting to overturn democracy. That action right there was demonic, telling the very voters who put him in office that he & only he had the right to a 2nd term.

* The American voters do not take their voting likely, if you denied a 2nd term, it's because you failed.

*Yoda said " do or do not- there is no try." Trump said " there is a try." Like trying, by asking a Sec of State to find him votes. Like telling Pence to try & stop the certification of Biden.

Before the election the world was near 100% peace, inflation was less than 2%, and gasoline was avg. $1.80/gal. joepedo and his cabal ruined all that and set the world on fire.

Jaracrap is full of s**t once again. Just pulling s**t out of his dirty ass without anything back it up.

Presidents dont control the gas prices you f***ing moron! You just can't get any dumber than the right wing idiots. The average gas prices was not a $1.80 gallon you stupid insufferable loser!

How much are you getting paid to be a shill? And guess what, the people who are paying you aren't getting their money's worth because they hired a total f***ing moron!

* The minute any of these Maga cult followers quote something - l KNOW it�s not from a reputable. It�s either from some right wing, Fox or Newsmax source etc. These outlets are steeped in conspiracy theories. You had Mark Meadows asking the DOJ to investigate the claim that there were � Italian satellites� being used in Europe to � switch votes from Trump to Biden.� Then you had the Hunter Biden/ briefcase story� anything but the truth.

* There hasn�t been a $1.80 cents a gal gasoline in the US in centuries, so to speak.Trump is a living liar, the problem we have with millions of brainwashed Americans is that they believe anything he says, and l mean anything.

* When 45 says � Only l can fix it or that would never have happened on my watch� they believe him. They forget that he was never a politician to begin with & knew very little about how the govt worked. He was the one that wanted the US out of NATO, but a few days ago he � took credit� for NATO being on it�s toes. That�s what a Cult leader does, he leads his followers over the cliff.

So why does joepedo want to tap the strategic oil reserve that President Trump filled at $1.80 a gallon.

Numbnuts says the President doesn't control gas prices.
He says it's all based on supply and demand.
What he fails to mention is that Biden drastically cut supply by shutting down pipelines and not allowing new drilling permits while demand is higher than ever.
So yes, the President can control gas prices.
And now we're giving Russia 54 million dollars a day to finance Putin's war on Ukraine.
And today he took sanctions off Iran so we can beg them for oil too.

* There hasn�t been a $1.80 cents a gal gasoline in the US in centuries

So the last time gas was $1.80 a gallon was before 1922?

Just more further proof democrats make up all kinds of bs as they go along and swear it's the truth. And when someone says they're wrong, well we know what happens. It's hissy fit time. Waa-Waa-Waa!!!

http://i0.wp.com/santarosahistory.com/wordpress/wp-content/uploads/2015/09/17457675_1676968495652722_4885606213306898695_n-e1496165082127.jpg?resize=300%2C360

18� IS A LOT FOR A GALLON OF GAS
September 2, 2015 Jeff Elliott 1912, 1913, automobiles

Bad news, auto aficionados; Standard Oil jacked up the price of gas another half cent, raising the 1912 price to around 18 cents. �Speed burners, won�t this make you slower?� the Press Democrat asked snarkily.

(ABOVE: Santa Rosa�s first gasoline price war, summer of 1914. The Grand Garage on Third st. countered by selling Red Crown gas for 14 cents.)

1911      16�
1912      18�
1913      22�
1914      13�
1915      15�
1916      23�
1917      N/A
1918      25�
1919      25�
1920      30�
1921      26�
1922      25�
1923      22�
1924      21�
1925      22�
1926      23�
1927      21�
1928      21�
1929      21�
1930      20�
1931      17�
1932      18�
1933      18�
1934      19�
1935      19�
1936      19�
1937      20�
1938      20�
1939      19�
1940      18�
1941      19�
1942      20�
1943      21�
1944      21�
1945      21�
1946      21�
1947      23�
1948      26�
1949      27�
True, 18� was no small change back then. A dime in 1912 was worth about $2.50 today, so it was actually the equivalent of $4.50 a gallon.

We don�t know precisely what they were paying in Sonoma County at the time; price bumps were mentioned in the local papers, but never the cost at the pumps, but it was most likely less than 18�. A 1913 San Francisco Call article noted the market price in the city was then 16� cents � 25 percent less than the national average � which meant a gallon of gas was possibly more like 14� locally in 1912. Prices were probably lower in the Bay Area simply because it was a major seaport; Shell did not begin operating the Martinez refinery until 1915.

While we may never know the real 1912-1913 gas prices around here, we surely know what they were in remote parts of the country. Open any auto enthusiast magazine from that period and you�re bound to find a correspondent kvetching about how much more it cost to fill �er up in Death Valley, Yellowstone or some other wilderness. The fellow who complained in high dudgeon about gas being 40� at Yosemite probably came home with snapshots of gas station signs.

(RIGHT: Average national gasoline prices, 1911-1949 rounded to the nearest penny. SOURCES: EIA.Gov, period automotive magazines)

The table at right shows average gasoline prices and was a challenge to assemble. The Energy Dept. has data going back to 1919 but is impossible to access without a Windows computer and a special plugin (I guess it�s still 1998 over at the Department of Energy) so the link provided above is to download an archived copy of the spreadsheet. The really old data had to be scratched out of magazines from the time, particularly �Automobile Topics�. So until someone replicates my work � or more likely, rips off this data � here is the most comprehensive info on early gas prices found anywhere online.

While doing this research, however, I made the most amazing discovery: Experts on the Internet don�t know what they�re talking about.

Searching for historic gasoline prices turned up all sorts of results that were wildly wrong; among the honking mistakes from popular websites such as ask.com, �Yahoo! Answers� and answers.com (among others), I was informed authoritatively a gallon cost 7� in 1912, 3� in 1916, 20� in 1920 and 9� in 1930. Sources are never given. Of course.

Try it yourself. Enter a search string into Google such as, �how much was gasoline in 19xx� or �price of gas in 19xx�. I did a little experiment with years picked at random between 1911 and 1929, choosing the top hit on the search results. Out of a dozen trials, only one was correct (thank you, inflationdata.com).

SPEED BURNERS, WON�T THIS MAKE YOU SLOWER?
J. B. Clifford, the well known travelling representative of the Standard Oil Company in this section of the State, received the following telegram while in this city last night from headquarters: �Advance gasoline, naptha [sic] and distillates half a cent.� This means that the price is half a cent a gallon greater than it was yesterday.

� Press Democrat, April 16, 1912
ANOTHER ADVANCE IN PRICE OF GASOLINE
Yesterday J. B. Clifford, the travelling representative of the Standard Oil Company in this section, received a dispatch from headquarters informing him that there had been another advance in the price of gasoline. The dispatch read:

�Effective June eleventh, advance price gasoline and naptha [sic] one half cent. Gas machine gasoline one cent. All points: all deliveries. No change engine distillate.�

� Press Democrat, June 12, 1912