Post B4vcs6VTr4NTgsaWqe by Lana@beige.party
(DIR) More posts by Lana@beige.party
(DIR) Post #B4vcs5sUC3BZjwLO4G by Lana@beige.party
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Seen in Seattle today. We're going to see $10/gallon before this is over. I guarantee it.
(DIR) Post #B4vcs69VAmnSaiIyae by weaselx86@mastodon.social
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@Lana When gasoline reaches $10 per gallon they're going to have to go back to selling by the liter like they did in the 1970's when gasoline spiked over one dollar per gallon and the pumps didn't have the needed additional digit.
(DIR) Post #B4vcs6LCTI9dAzmJpA by astraleureka@social.treehouse.systems
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@weaselx86 @Lana@beige.party Think they could drop the worthless 9/10ths of a cent bullshit and move the decimal? maybe not, at least some of the pump computers I've seen are so cost optimised they probably hard-wired the decimal 😔
(DIR) Post #B4vcs6VTr4NTgsaWqe by Lana@beige.party
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Also, a quick reminder before the replyguys come in. Yes, these are indirectly caused by the blockage of the Strait of Hormuz. No, that is not because of a lack of crude oil. While that used to be true decades ago in the 80s, since then, the US has become the largest *exporter* of crude oil in the world. For us, this is a pricing issue, not a supply issue. Buying more crude from other countries would not solve this. We have plenty of supply, and even a ton in reserve. It's just costing us more to buy it because the price of gas is almost directly tied to the global oil market.
(DIR) Post #B4vcs7CjGGyLr0p4G8 by Lana@beige.party
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For other countries (China and Russia for instance), this isn't a pricing issue. It's a supply issue. Running out of oil for them means food can't get delivered to cities. It means factories can't run. It means electrical grids go dark. For other global super powers, running out of oil is a massive infrastructure clusterfuck. If you like the fact that America isn't currently facing that existential threat, thank Obama and Biden. They did that for you.