That was a text my 30 something middle child sent me.

Then it dawned on me that she honestly doesn't know. She was only in second grade on 9/11. Her entire generation hasn't been through these "middle east crisis" times as bill paying adults. Sure she knows folks that were in the sandbox or afghanstan but no Opec oil embargo, no hostage crisis, or even the world before 9/11.

Hitting Iran is visceral to me and my generation but not hers.

She does have a second grader herself now.

It seems they only need to mention the possibility of gas prices rising and price goes up overnight before anything's for sure. Be nice if they'd go down that fast.

WTI is down today.

No we won't the price will rise enough to curb usage. Western Hemisphere oil and gas production won't be impeded much if at all. China and India are the main users of Mid Eastern crude. Right now the refineries are going through the change over to summer fuel and that is more expensive to refine so that will increase price and consumption typically rises in late spring and summer as travel increases and a lot of fuel is used for farm fuel and fertilizer and chemical production.
Bryce

Went up another .10 here last night. Now, at $3.19. Was $2.59 late last week.

Went up 35cents a gallon on the rez yesterday

We secured Venezuela oil before screwing up the Iranian supply.

Tell her to turn off network news and CNN, purveyors of doom and gloom. We have never run out of gas yet, paid more for it but it's always been available, even back in the odd , even days of Carter....

if they secured the oil from Venezuela they might want to get the ships rolling north to Texas, so gas can be made. freaking went up from 2.29 here to 2.79 in 72 hours. enough of this nonsense. We also need to stop exporting oil and keep it here for domestic gas production. to hec with these other countries. stop standing there with your hand out, we arent your keeper.

Pretty sure you generate 100 billion or so from exported oil. So now, when countries buy oil, that is standing there with their hand out? Interesting, I always thought that when I bought something, I was a paying customer. I too, don't like my gas prices jumping each day but understand that the global crude market is pushing that far more than domestic production. This middle eastern conflict ending is the way to getting those prices back down.

Gas goes down, a crisis, gas shoots up, crisis settled, gas goes down slowly, a crisis, gas shoots up, crisis settled, Etc., Etc., Etc..

Why do you think we invaded Venezuela just ahead of this?
It sure wasn't about drugs.

We invaded Venezuela?

For about an hour.

Diesel here jumped .75 here about overnight.

Be a good time for higher ethanol blends to be approved. Corn is cheap, ethanol is produced right here in the states, and farmers produce more and more corn every year.

Your lawn mower and chainsaw will hate you for this!!!

From what I've seen myself and been told by mechanics. A lot of cars don't get as good of mileage with higher ethanol blends either.

Exactly

It's crappy fuel for sure. It'll burn in your truck but your mileage will suffer. The upside at least is that it's often cheaper because it's subsidized.