Gas price check
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MUST…. NOT…… MAKE….. RACIST…. ITALIAN ……JOKE……
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NobodySock said:
This is the question many people ask, and the answer is quite simple when you realize what our refineries in America are built for. The oil that we harvest from our ground is the suite light crude, and not the heavy crude that we import from all over, all of our refineries are designed to refine the heavy crude not the light and for this reason alone is why we are stuck with the prices we are.
I am sure Alberta crude can elaborate on this fact
I am sure Alberta crude can elaborate on this fact
For the most part he’s right about the refineries. As for the imported heavy crudes, they are sold at a discount into the US and then blended with domestically produced light crude to produce gasoline for the US market or re-exported as upgraded medium crude. In the case of synthetic crude produced here we upgrade it so it can be transported by pipeline and the oil companies resell it at a discount to either their parent company in the US - for example, Imperial Oil Canada selling it to its US parent company, Exxon-Mobil - or, like Canadian owned Suncor or Cenovus, to their US subsidiary at a discount. In the end the US refiners are the ones making the big dollars as their feedstock is always discounted.
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Interesting. So the cars you make can't run on the oil you harvest.
Could cars be built to run on refined oil you harvest? I mean, some cars run on waste chip fat. Or perhaps I should ask, could refineries be built for your car production?
Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.Thank goodness we invented the battery/electric car around 1940 or the international petro-chemical industry might still be taking advantage🤪
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Interesting. So the cars you make can't run on the oil you harvest.
Could cars be built to run on refined oil you harvest? I mean, some cars run on waste chip fat. Or perhaps I should ask, could refineries be built for your car production?
Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.Thank goodness we invented the battery/electric car around 1940 or the international petro-chemical industry might still be taking advantage🤪
Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.
No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.
Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
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Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.
No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.
Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.
No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.
Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
For AC,What do we know as to the reason why certain types of oil are found in the ground in different geographies? Is it simply a matter of what kind of dinosaurs died in these locations? I’m sure there’s more to it but what do you know?
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Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.
No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.
Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
For AC,What do we know as to the reason why certain types of oil are found in the ground in different geographies? Is it simply a matter of what kind of dinosaurs died in these locations? I’m sure there’s more to it but what do you know?
Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.
No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.
Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
For AC,What do we know as to the reason why certain types of oil are found in the ground in different geographies? Is it simply a matter of what kind of dinosaurs died in these locations? I’m sure there’s more to it but what do you know?
I was a rig hand, Jim, not a petroleum geologist
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Local station had regular for 4.799 and my fucking high octane for 5.899 at yesterday’s $72 fillup.
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Prices back up, but some historical perspective might be appropriate:
Q: Considering the price of gasoline today, how does it compare to that price in 1960, inflation adjusted?
A: In 1960, the average U.S. retail price of gasoline was about $0.29–$0.31 per gallon.
Today (late April 2026), the national average for regular unleaded gasoline is roughly $4.00–$4.23 per gallon, with recent reports around $3.95–$4.23 depending on the exact date and source (e.g., AAA averages)....
Today's price ($4.00+) is higher than the inflation-adjusted 1960 price by roughly $0.50–$0.75 per gallon (about 15–20% more in real terms).
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Q: Okay, considering the improvement in fuel economy in automobiles, what is the relative, inflation-adjusted cost of driving 100 miles?
A: Driving 100 miles costs ~25–30% less in real (inflation-adjusted) terms today than in 1960, primarily due to ~50–80% better average fuel economy (depending on exact 1960 baseline). Even at today's higher real gas prices, efficiency improvements dominate.
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