The left and gas prices - what they won't tell you

And, don't forget, California is a net importer of oil from Asia and the Middle East to keep those few refineries going because they'd done everything they can to eliminate oil extraction in California itself.

California is getting gasoline from - wait for it - the Bahamas.
 
~ 90% of crude passing through the Strait of Hormuz goes to Asia. Most goes to Red China ...

Europe only buys around 4%, and the United States imports a piddly 3%
 
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Guess what, Gavin?



Prices will go down in those states in a few weeks - when things settle down. But you clowns? The CA diesel that is the most expensive in America ($6.20 today)?Will still be the most expensive in a few weeks - when things settle down.That's on you - thanks to CARB boutique diesel, LCFS credit racket, Cap-and-Trade gouge etc.

You levy a $1.30–$2.20 per gallon tax on farmers, truckers, construction guys - the real producers, the people who still build things - who have to pay to keep people like you employed so you can keep shitposting about stuff you don't know anything about.



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Tomorrow we can talk about the refinery collapse YOU led. The one that is dragging down AZ and NV with you.

So when it comes to fuels prices in other states? Be quiet. The adults are talking.
 
The USA is a net oil exporter. Closing the Strait of Hormuz hurts almost every other country more than it hurts the USA (except Russia), but we can impose an export tariff on our oil.

Domestic oil producers right now make a profit at anything above ~$65 a barrel.

Oil was trading around $80 before the war, so let’s put a $70 export tariff on each barrel taken out of the country.

This would help the American people, raise revenue for the federal government, allow domestic oil producers to continue making a very good profit, and nuke the political leverage the Democrats are braying about.
 
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