Gas prices

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Topped up this morning (premium diesel).
After doing the conversion to American speak, about USD7.95 per US gallon.
We have an absolutely ridiculous (total garbage) government so take that into account.
Everything is crazy expensive. Like AUD1,000,000 for your average suburban home crazy, nothing fancy.
The place is literally going to the dogs.
 
Gas just had another spike, in my area.

1gal regular/89 -- $4
1gal premium/93 -- $5.20

Skittishness due to the news of Hormuz, I think, insofar as the U.S. position on leaving it as it stands. Hard to know when it'll become less volatile. What with Iran charging severe per-ship fees (payola) and retaining their ability to sink any such vessel in the Gulf if they so choose ...
 
New legislation in Germany takes effect today; that gas stations can raise prices only once per day, lol.
I try to be cynical, but it's hard to keep up.
 
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$3.79 is the cheapest I'm seeing around the Daytona area in the past two days.

Still A LOT less than it was in 2022... but needs to come down, especially diesel prices. No matter what people may want to believe, diesel powers the world, agriculture, and transport.
 
Hate to break it to y'all, but it's not gonna go down – not now, not in weeks, not in months. Maybe several decades from now.

This situation is a race to the bottom because Westerners don't understand geopolitics or geoeconomics, and either elect or support an establishment that doesn't understand geopolitics or geoeconomics.

Get the bicycles and horses ready, because you may yet live to see 15 dollars not per gallon but per litre. Not just because the infrastructure in Qatar, Bahrein, Kuwait and S. Arabia is heavily compromised and the UAE might as well be finished as a "nation", but also because the petrodollar was doomed to destruction in the 28th of February.
 
Hate to break it to y'all, but it's not gonna go down – not now, not in weeks, not in months. Maybe several decades from now.

This situation is a race to the bottom because Westerners don't understand geopolitics or geoeconomics, and either elect or support an establishment that doesn't understand geopolitics or geoeconomics.

Get the bicycles and horses ready, because you may yet live to see 15 dollars not per gallon but per litre. Not just because the infrastructure in Qatar, Bahrein, Kuwait and S. Arabia is heavily compromised and the UAE might as well be finished as a "nation", but also because the petrodollar was doomed to destruction in the 28th of February.
Yeah! I’m going to run out and buy a Chinese EV.
Everyone else, do the same.
I fixed it.
 
Hate to break it to y'all, but it's not gonna go down – not now, not in weeks, not in months. Maybe several decades from now.

This situation is a race to the bottom because Westerners don't understand geopolitics or geoeconomics, and either elect or support an establishment that doesn't understand geopolitics or geoeconomics.

Get the bicycles and horses ready, because you may yet live to see 15 dollars not per gallon but per litre. Not just because the infrastructure in Qatar, Bahrein, Kuwait and S. Arabia is heavily compromised and the UAE might as well be finished as a "nation", but also because the petrodollar was doomed to destruction in the 28th of February.
My feelings as well. We should have started to get off oil after the first price shock in the early 1970s. This time around we'll finally do it, but under duress where it'll be a lot more disruptive.

Today I asked for a quote for home heating oil out of curiosity. $7.59/gallon. I paid a little over $5 in January before all this nonsense started. I think $10 gas is in the cards in the not too distant future. As the price isn't coming down. Society will have to simply adjust to use less gas. My guess is sales of e-bikes will go through the roof. Anyone who bought a huge SUV or pickup must be having buyer's remorse now.
 
McDonald's now sells medium coffee and tea at higher prices, but they call the very same sized paper cup, "Large," to justify the price-hikes.
 
Re: driving habits, I'm torn.

With all of our medical travel, I've been renting SUVs and minivans to hold all of the medical gear. It's nice to have so much space to just toss everything in without having to play Jenga. I also like not putting all of those miles on my cars. But, I'm spoiled by how much better MPG I get out of my car compared to any of these. I'm used to getting 41-45MPG highway. Even that 8 year old Maybach I'll sometimes drive gets 29-32 MPG highway with my special software.

Is this really the best we can do in 2026? Even a 1970s Mercedes diesel car got 35MPG.

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