Gas Prices

Prices here have dropped by at least 20 cents in the past few days.

 

real gasoline (not corn blends) was not included in this study.

reducing energy by adding other less energy dense stuff (like corn) is always going to reduce output.

 

I kind of saw they are giving Californians some gas money which will help the ones in a timely need,

 

The axis label "BTU per hp hr" on the graphic in #82 right away suggests it isn't showing what privilege may think it is. We see clearly that the vehicles running on E85 (purple bars) consume the least energy in BTUs for the same horsepower hours, which is to say the engine is running more efficiently. So even though the E85 contains the least energy in BTUs per gallon, the vehicle's consumption in gallons goes up less than you'd think, because it is making better use of those BTUs.

Indeed, the paper that graphic came from lays it out on page 20:

Of course whatever that 2009 paper said about cost per mile will be sensitive to changes in the relative costs of the gasoline and ethanol.

 

gas is the least and the main problem. they are kneecapping the middle class including the business truck drivers that owns their own truck and delivering your food.. and the working middle class that gives everyone's paychecks. When they go down, we all go down including the proud owners of toyota hybrids and prius prime owners unless you have a minimum of $5 million in liquid assets stashed. youll be able to survive in the next 4 years and hopefully the tide will change.

 

Last I paid was $6.19 in San Diego, CA.

 

Truck drivers were kneecapped by the change decades ago to make them all contractors that don’t get actual pay exceeding minimum wage, insurance, or any other benefits like their predecessors

 

Over 5 million barrels of oil from U.S Strategic Reserve released by the Biden administration to help lower domestic fuel prices were reportedly exported to Europe and Asia, even as U.S. gas prices touched record highs.

 

Used to be export bans that kept domestic oil in the US.

Lots of investor rage when those were in place

 

gas went down a dime here, so joe's doing a bang up job, despite the naysayers

 

Mortgage interest rates fell almost half a percentage today, and it looks like they will continue to fall:

Mortgage rates—Freddie Mac

The markets are also sharply up today.

These are good signs that the economy is starting to recover.

 

Looked at the link. I feel so lucky that I refinanced ours when the rate was "historical" low. I don't think we are going to see a 2% mortgage rate anytime soon, maybe 'never'?

 

I was lucky, too, and refinanced with the historical minimum in the rates in early 2021.

 

Its was 2020 when I got my 2.21% fixed. Thanks to President Trump!

 

Mortgage rates... what's a mortgage?!?

 

ask president trump, he's got a ton of them

 

Yes, if only his coup d'état had succeeded.

 

... and the Covid-19 recession.