Tag: gasoline
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Update: Simple chart shows price of gas during the Biden Administration
I last blogged this information back in March 2022 just before President Biden announced the largest release of oil from the nation’s Strategic Petroleum Reserves. Gas prices over that time has dropped a little under $0.50 and has left the reserves at their lowest level since 1984. Prices still average $1.40 higher than they were…
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How green is this EV?
Look at how fast this bus goes up in flames. Imagine if the battery was below the passenger deck. A lithium/ion battery made poorly is a bomb waiting to go off. Putting out that fire is not all that easy. I’m sure the fumes and smoke coming off that intense fireball is not all that…
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U.S. refines 1 million barrels of oil a day less than before pandemic
U.S. refineries closed less profitable plants during the pandemic, are performing maintenance on some, and have no plans to open new ones in the foreseeable future. They’re operating at 90% which can’t be good should something go wrong anywhere. As fuel demand crashed during the pandemic, refiners around the world permanently closed older and less…