Gas Prices are About to Get Insane

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  • čas přidán 29. 08. 2024
  • Gasoline prices. Gas Prices are About to Get Insane, DIY and car repair with Scotty Kilmer. Premium gas myth busted and premium gasoline vs regular gas prices. 93 octane vs 91 octane vs 87 octane. The truth about high gasoline prices at the pump. Gasoline myths versus facts. Why are fuel prices so high? Car advice. DIY car repair with Scotty Kilmer, an auto mechanic for the last 56 years.
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Komentáře • 866

  • @scottykilmer
    @scottykilmer  Před 2 měsíci +36

    For the Love of God Don't Buy This Car: czcams.com/video/SlfVoa_BckM/video.html
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    4. Cheap Scan Tool: amzn.to/2D8Tvae
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    • @kyzercube
      @kyzercube Před 2 měsíci +3

      Scotty I have to give you a correction my friend. The primary driving force of gas prices isn't supply or demand. It's regulation and taxation.

    • @ThomasWBaldwin
      @ThomasWBaldwin Před 2 měsíci +2

      "But, a pretty big but".🤣

    • @ThomasWBaldwin
      @ThomasWBaldwin Před 2 měsíci

      @@kyzercube aaaaaaaaaand confusion.....

    • @kyzercube
      @kyzercube Před 2 měsíci

      @@ThomasWBaldwin That tends to happen when you interject a failed segue

    • @Stopvotingdemocrat
      @Stopvotingdemocrat Před 2 měsíci

      trump 2024

  • @kendurham5684
    @kendurham5684 Před 2 měsíci +259

    Scotty’s arms have their own conversation

    • @soundmind1705
      @soundmind1705 Před 2 měsíci +8

      Scotty for president!

    • @messenger325
      @messenger325 Před 2 měsíci +14

      If he's not careful he'll knock his self out, with those flying arms,, 😂😂😂😂

    • @aibhilin1211
      @aibhilin1211 Před 2 měsíci +7

      Genuinely, one of the most likeable guys around 😊

    • @slyfoxx2973
      @slyfoxx2973 Před 2 měsíci +2

      It's a little known secret that Scotty had a very short and undistinguished career as a traffic cop.

    • @markf5653
      @markf5653 Před 2 měsíci +1

      If his hands were tied down could he speak? I don't think he could.

  • @surf6009
    @surf6009 Před 2 měsíci +87

    I'm recently laid off. No worries about the 180 miles of commute. Retire early is looking better.

    • @briankenison7995
      @briankenison7995 Před 2 měsíci +1

      No one should ever retire.
      Even if you don't need the money continue to work.
      And if you call your job that you have now work it's time to find a new job.

    • @surf6009
      @surf6009 Před 2 měsíci +7

      @@briankenison7995 you missed I got laid off part. Not quitting.

    • @johnscott-collett2813
      @johnscott-collett2813 Před 2 měsíci +2

      @@surf6009 just don’t become lazy when you’re retiring, you’ll age quicker

    • @billballoo7881
      @billballoo7881 Před 2 měsíci +14

      Don't listen to these people, retire if you want to retire

    • @TheDragonSeer
      @TheDragonSeer Před 2 měsíci +1

      ​@briankenison7995 Work is work. They wouldn't have to pay anybody if work wasn't work. It's better to accept what you have and improve at it despite it being unpleasant than to chase dreams and kill the only thing you like by depending on it for survival. Then, it stops being a hobby and stops being enjoyable. Ask any mechanic if they are happy to work on their own car after finishing a shift, and you'll know. This chasing dreams mindset part of why Gen X/Gen Z is such a mess. Look at dirty jobs for a proper perspective

  • @user-pu2ho4ip3d
    @user-pu2ho4ip3d Před 2 měsíci +31

    I remember during the gas wars in 1973,..
    I paid 17 cents a gallon. Age 67.

    • @jerryumfress9030
      @jerryumfress9030 Před 2 měsíci +5

      Yep, me too. I was 21 in 1973 and I could fill my Mach 1 on $5 worth of gas. My dad said if gas keeps going up, we're gonna have to ride bicycles!

    • @michaelwiley8888
      @michaelwiley8888 Před 2 měsíci +1

      Boy, I remember that, $5 went to $10 to fill the tank on my 68 chevelle. What made it worse was putting a holley double pump carb on. The 396 went from 13mpg to 8mpg. Went great tho. 😂❤😂

    • @matthewnelson1420
      @matthewnelson1420 Před 2 měsíci

      You seem to be doing pretty well for yourself being 67 back in 1973 😂

    • @charlesphilhower1452
      @charlesphilhower1452 Před 2 měsíci

      @@jerryumfress9030I worked at a gas station in 1973 during the gas shortage and the pump price was 49.9 cents for regular gas. We were high because we were on the highway, but most gas stations were in the 30 plus cents range and during the rationing there were plenty of people willing to pay $1 a gallon that was accomplished by doubling the pump price.😊

    • @lindsaythompson726
      @lindsaythompson726 Před 2 měsíci

      Exactly.

  • @terryburns8917
    @terryburns8917 Před 2 měsíci +65

    Terry’s son here, can’t say as I’ve noticed the gas prices coming down, but I’ve noticed the prices of new and used vehicles, skyrocketing, and the number of vehicles being sold plummeting.

    • @EvilMonkey7818
      @EvilMonkey7818 Před 2 měsíci +2

      This time of year is peak price for vehicles. Though they're less than they were last year or the year before.

    • @rustyshackleford5166
      @rustyshackleford5166 Před 2 měsíci +8

      @@EvilMonkey7818 I agree. I have a 13" Sentra with around 150K and apparently the value on that is like $5,500 which is about 5,000 more than what I thought it would be worth after the first transmission got replaced.
      I know one thing, it's worth more to me as a car than 5,000 worthless green rectangles.

    • @anthonyera
      @anthonyera Před 2 měsíci

      @@EvilMonkey7818Bout the same year round

    • @user-qs6eu1bv1x
      @user-qs6eu1bv1x Před 2 měsíci +2

      Used car prices should be coming down by the end of 2024. New car prices may fall too as inventory piles up at dealerships. I was planning to look at new Tacoma's, but they want way too much for them. Like your dad, I am not a fan of turbos. My 2002 Tacoma TRD Double Cab V6 is in great shape with only 78,000 miles, so I will probably keep it for a few more years. CarMax offered me $16,000 for it about a year ago. That was almost too good to pass up.
      Then the plan is look for a used pre turbo Tacoma V6 like you have.

    • @sowpur
      @sowpur Před 2 měsíci

      The elevated used vehicle price has been great for trade in though. Traded in my 11 yr old Camry hybrid for $10500 after putting on 60K miles (87K odo) and I bought it used 6 years ago for $12500. Insane how in 6 years, 60K miles the vehicle only lost $2K in value

  • @jameysummers1577
    @jameysummers1577 Před 2 měsíci +34

    Scotty, I bought a 2002 1st gen Prius for $1,700 in 2018.
    It had 200,000 miles. Its been our daily driver for 6 years now and it has never broke down. I take that back. One wheel bearing.

    • @christopheralvarez1090
      @christopheralvarez1090 Před 2 měsíci +3

      How many miles now ? Jeeez!

    • @timothykeith1367
      @timothykeith1367 Před 2 měsíci +1

      The 2nd gen Prius is also bulletproof. But many Prius owners don't keep track of maintenance. They interpret reduced maintainence to mean - almost no maintenance required. Check for engine sludge before buying.

    • @Sunset4Semaphores
      @Sunset4Semaphores Před 2 měsíci +1

      1st gen is good, but 2nd gen is better: *electric AC compressor!*

    • @Russell-rc6qq
      @Russell-rc6qq Před 2 měsíci

      A friend of mine had a 2002 Prius until 2-3 years ago. It ran great until some lowlife took the catalytic converter. The friend declined having it repaired and just sold it off for $250 to some car reclamation company. A total waste.

  • @joeknowz4898
    @joeknowz4898 Před 2 měsíci +18

    you are right Scotty. When I worked in the trucking industry. they began tacking on fuel surcharges to the cost of delivery during Desert Storm. I retired in 2018 and the surcharge was still in place. I fill up at 1/2 tank now just to keep it under $40 dollars My first fill-up this year (1/21/24) I paid $2.86 a gallon . My last fill-up on 5/25/24 was $.4.14, its at $3.96 now...I expect a oil refinery fire or seasonal maintenance shut down to get it to $5.00 by July 4th.....

  • @travelwithtony5767
    @travelwithtony5767 Před 2 měsíci +8

    It’s so easy to understand why everyone loves Scotty Kilmer, the most relatable, sincere and honest automotive aficionado on the planet.

  • @brianjlevine
    @brianjlevine Před 2 měsíci +11

    I always wondered why gas prices go up by 20 cent increments but comes down in 1 cent increments?

  • @michaelcarson8375
    @michaelcarson8375 Před 2 měsíci +52

    I've started watching yt videos at 2x playback speed... It makes Scotty even funnier! 🤣

    • @PazLeBon
      @PazLeBon Před 2 měsíci +2

      cant be funnier

    • @youxkio
      @youxkio Před 2 měsíci +3

      hey. that's true😂😂😂😂😂😂😂

    • @dge2027
      @dge2027 Před 2 měsíci

      I want to see him after a few drinks for a video

    • @pennsyltuckyden9823
      @pennsyltuckyden9823 Před 2 měsíci +2

      Haha you're right he is funnier

    • @dee1062
      @dee1062 Před 2 měsíci +1

      Goodness!!! This funny 🤣🤣🤣🤣🤣

  • @lesmoore3638
    @lesmoore3638 Před 2 měsíci +19

    It always shots up and trickles down.

  • @stevemckown6701
    @stevemckown6701 Před 2 měsíci +44

    What they tell us is my state is dealers (gas stations) have to sell the gas they paid max dollars for that's in their underground tanks for max retail or lose money until it's gone. Yet when crude goes up in price they instantly raise prices for the cheaper gas already bought. Go figure....

    • @sten260
      @sten260 Před 2 měsíci +3

      is just an excuse to shut people up. the real reason is demand, if the demand does not go away even with higher prices they will not lower them. The only reason why anybody in the economy lowers prices is when nobody is buying your stuff. Scotty was 100% correct on that

    • @theamericanopry
      @theamericanopry Před 2 měsíci

      Maybe you missed it, but Scott Sheffield was found to be colluding with OPEC to keep gas prices high, resulting in an average increase of over $1000 per person in the US.
      “When corporate executives’ words or actions reveal…a belief that they can collude, we should generally believe them,” FTC Chair Lena Kahn said in announcing the commission’s decision.

    • @howardkelly3261
      @howardkelly3261 Před 2 měsíci

      They have the same excuse here in the UK. I watch the oil prices come down, but it takes weeks for fuel stations to pass on the savings. Then, almost instantly whack them up at the pump the second oil goes up again. Rip-off here too!

    • @badabing7235
      @badabing7235 Před 2 měsíci +1

      Dishonesty is their only policy......

    • @anthonyiocca5683
      @anthonyiocca5683 Před 2 měsíci

      I’m figuring that the filling stations are in business to turn a profit in order to stay in business.
      They don’t make all that much on a gallon, the profit margin is small. Soooo they have to raise prices quickly and lower slowly…

  • @ChevyCitation
    @ChevyCitation Před 2 měsíci +95

    Sounds like the Check Engine Light is on again with Scotty's voice

  • @h011yw00d
    @h011yw00d Před 2 měsíci +33

    Since working from home, I haven't filled my tank much. My tank was down to 1/4 and when the prices went down this past week, I filled it up multiple cars. I think more and more people are selling their cars. The massive tech layoffs the past two years made people sell their expensive cars. The rise in remote jobs should be driving down gasoline demands.

    • @CMBBmc-jd6ur
      @CMBBmc-jd6ur Před 2 měsíci +5

      Be sure to keep at least half your gas tank full else you may ruin your fuel pump if it’s inside the gas tank.

    • @brandonrich4956
      @brandonrich4956 Před 2 měsíci +8

      Remote work was at its peak in 2020. Many companies are doing RTO. Maybe you haven’t noticed that traffic is back. Hybrid is alive and well.

  • @davidb6659
    @davidb6659 Před 2 měsíci +6

    Even if the price of oil goes down, this doesn't affect the costs of refining, distribution, wages, etc.

  • @Plutonium239MXR
    @Plutonium239MXR Před 2 měsíci +3

    I have a 2014 Cadillac ELR. It is a PHEV. It's essentially a first gen chevy volt, but much more comfortable and pretty. I can make it to and from work solely on electric range. It's great!

  • @tardeliesmagic
    @tardeliesmagic Před 2 měsíci +5

    Here in the UK the gas price today is £1.50 a litre! That's insane.

    • @rongendron8705
      @rongendron8705 Před 2 měsíci

      It's all taxes! Why didn't the oil in the North Sea make your gas cheaper? Because your country is 'ripping you off"!

  • @SomeUserNameBlahBlah
    @SomeUserNameBlahBlah Před 2 měsíci +17

    OPEC has been cutting back on crude production and said they will continue to do so. OPEC needs crude at $80 to $90 per barrel to make it cost effective for them. U.S. consumer demand for gas has dropped 2%, hence crude demand dropped. This is why OPEC is cutting production. Prices will drop in the near term, but then jump again.

    • @nicoctane1669
      @nicoctane1669 Před 2 měsíci +2

      It will just incentives people to buy hybrids & EVs.

    • @saulpulido9937
      @saulpulido9937 Před 2 měsíci

      Breakeven price in the USA is $38 a barrel....$10 a barrel in Saudi Arabia.
      Avg cost if refining a barrel of oil is $3 - 5 dollars a barrel fir existing wells.

    • @PazLeBon
      @PazLeBon Před 2 měsíci +2

      @@nicoctane1669 then electricty goes up to 2 dollars per kw

    • @jacobmounts8975
      @jacobmounts8975 Před 2 měsíci +1

      OPEC just announced production increases...

    • @nicoctane1669
      @nicoctane1669 Před 2 měsíci

      @PazLeBon Still cheaper than 5 to 7 dollars a gallon

  • @alanzielinski7738
    @alanzielinski7738 Před 2 měsíci +5

    Taxation without rep.

  • @Barneyrubble241
    @Barneyrubble241 Před 2 měsíci +6

    Gas prices ALWAYS lag behind oil prices whichever way it's going. It's going to come down further.

    • @AcmeRacing
      @AcmeRacing Před 2 měsíci

      i beg to differ. Gas prices shoot up on the mere rumor of higher oil prices or a refinery disruption. Gas prices lag oil prices on the way down, though.

  • @faheemwilliams4007
    @faheemwilliams4007 Před 2 měsíci +2

    Thanks for the video. The part about “Robots & People driving together won’t work is false” here in Arizona, we have the Waymo one, they drive themselves & you can call one like an “Uber”. They’ve been on the road for a few years now!

  • @FreshazHell
    @FreshazHell Před 2 měsíci +2

    Thank you for your service and time bro

  • @matthewhirsch2306
    @matthewhirsch2306 Před 2 měsíci +1

    Regardless of whether or not 6% decrease makes only a small difference. I still find that kind of hard to believe because Friday after getting my truck from the shop, I took a ride during the day before my evening shift at work. During that time, I was charged $4/gallon which resulted as probably the biggest sum ever put out towards buying fuel for any vehicle I had in my possession. While getting the tank filled, the attendant told me one of his family members who lives in California said fuel prices for that state are $9/gallon. I just briefly looked at the fuel price comparison for different states. The result of that discovery is South Carolina has got fuel prices at least a little cheaper compared to my state of NJ.

  • @ThomasKing19933
    @ThomasKing19933 Před 2 měsíci +212

    I don't worry about gas prices anymore. I'm keeping my ICE vehicles for as long as possible.

    • @Vincent-ke5zn
      @Vincent-ke5zn Před 2 měsíci +15

      Me too

    • @oreally8605
      @oreally8605 Před 2 měsíci

      Just wait until a real President takes office. Those trumped up charges won't stick. Pun intended.

    • @thinkingimpaired5663
      @thinkingimpaired5663 Před 2 měsíci +15

      California govenor wants per mile tax because he said less people are buying gas and less tax to state because of EVs.

    • @SubvertTheState
      @SubvertTheState Před 2 měsíci +23

      I'm not either, cuz I'm riding my Kawasaki Z125 as much as I can. Which gets 100 mpg.

    • @ThomasKing19933
      @ThomasKing19933 Před 2 měsíci +6

      ​@@SubvertTheStateNot into bikes myself but good for you 👍 😊

  • @Imsierrabound
    @Imsierrabound Před 2 měsíci +1

    Check out the refinery crack spread - that will help explain the difference. Few people understand this aspect of gasoline pricing.

  • @lovethewordofgodjn321
    @lovethewordofgodjn321 Před 2 měsíci +1

    Around $2.80 at Sam’s in Knoxville Tennessee. Lowest prices on Lovell Rd at Pilot and Weigel’s as well. At Pilot, they’re giving ten cent off all summer with membership. Sam’s leads the way.

  • @joenissan
    @joenissan Před 2 měsíci +2

    Here in New York, gas prices change wildly depending on which county you’re in.

    • @Russell-rc6qq
      @Russell-rc6qq Před 2 měsíci

      Dear Joenissan, due to events that transpired on May 30th, 2024, I have made the difficult decision not to support or do business from within the state of New York and especially New York City in any capacity. I do not take this decision lightly. This is poised to be a lifetime, self-imposed prohibition although I am willing to reconsider my decision depending on what happens with national events on November 5th, 2024, and on January 20th, 2025. Please do not take this personally as it is merely a personal and business decision. Thanks, RussellC.

  • @chazzwestlv
    @chazzwestlv Před 2 měsíci +35

    Even though oil prices have dropped about 35% from their peak last year, gasoline prices at the pump haven't seen a significant decline. This is because OPEC+ has implemented production cuts to keep prices high, reducing the overall supply of oil. Rising global demand for oil also supports higher prices, even as supply increases. U.S. shale production has ramped up but isn't enough to counteract the effects of OPEC+ cuts completely. Refining, transportation, and distribution costs remain stable and don't decrease proportionally with crude oil prices. Taxes and regulatory fees on gasoline are fixed costs that further keep prices from dropping significantly. Additionally, regional variations in taxes and local supply conditions affect gasoline prices. Therefore, despite a significant drop in crude oil prices, structural factors in the market keep gasoline prices relatively high.

    • @creepinonthebabes
      @creepinonthebabes Před 2 měsíci

      Democrats won't let any refineries to be built. A last one built was in the 70s

    • @masterxiong7368
      @masterxiong7368 Před 2 měsíci +5

      Or Just maby or.... America can drill baby drill and have their own independence.

    • @NOMUMFEL
      @NOMUMFEL Před 2 měsíci +2

      All that you just typed is Economics 101.

    • @jacobmounts8975
      @jacobmounts8975 Před 2 měsíci

      OPEC just announced production increases...

    • @johnstuartsmith
      @johnstuartsmith Před 2 měsíci

      @@NOMUMFEL It's also pressure on the U.S.'s MidEast/Israel foreign policy from the Saudis and pressure from Russia to undo the sanctions and get the U.S. and NATO to back off supporting Ukraine. Oil companies do their part to keep gas prices high, and if the rest of the world will pay more for American gasoline than American consumers, U.S. oil companies will export it to whoever pays the most for it. Oil companies are international entities and the oil market is international. It's Economics 101 plus International Trade 101 plus U.S. domestic politics plus commerce as a substitute for warfare.

  • @kenfrank2730
    @kenfrank2730 Před 2 měsíci +2

    Here in So Calif gas prices are decreasing.

  • @mattmadden3716
    @mattmadden3716 Před 2 měsíci +4

    We DO NOT live in a Capitalist system. We live in a corporatist system, where big corporations get all the breaks and make back door deals with politicians to stay big.

  • @broncobob36
    @broncobob36 Před 2 měsíci +13

    As 4th of July approaches, it’ll be a different story concerning the price of gas.

  • @richardschmidt6619
    @richardschmidt6619 Před 2 měsíci +11

    The price of gas here is still over $4.50 here in Washington State. So it just dropped a very few cents here.

  • @user-hz6rf6po7z
    @user-hz6rf6po7z Před 2 měsíci +23

    You just told us the other day they were going to drop

  • @user-qs6eu1bv1x
    @user-qs6eu1bv1x Před 2 měsíci +1

    In 2022 the only stock in my holdings that did really well was Exxon. Exxon bought back $15 billion worth of Exxon shares in 2022. From 2022 through 2024, they plan to buy back $50 billion worth of shares total. This was one of the biggest drivers of inflation since the pandemic because when oil and gas prices go up, the prices of just about everything else goes up too. It's called corporate greed.

  • @markmccarty9793
    @markmccarty9793 Před 2 měsíci +18

    My house is paid for, my truck is paid for! I welcome a recession!😂😂😂

    • @enfreakez
      @enfreakez Před 2 měsíci +3

      Taxes and Insurance is never paid for.

    • @markmccarty9793
      @markmccarty9793 Před 2 měsíci +1

      @@enfreakez Move to state with cheaper taxes, just not here!!!

    • @shittyopinions
      @shittyopinions Před 2 měsíci

      The only tax is sales tax and insurance isn't law. ​@@enfreakez

    • @LXT43
      @LXT43 Před 2 měsíci

      Is your funeral paid for? i've heard it costs an arm and a leg.

    • @deepcow
      @deepcow Před 2 měsíci +1

      I’m in the same situation, however my insurance and property taxes have doubled in the last 3 years.

  • @Jalopymedia
    @Jalopymedia Před 2 měsíci +1

    Gas just dropped from 2.07$ to 1.84$ here on Vancouver Island

  • @kelticink
    @kelticink Před 2 měsíci +1

    $3.45 a gal here in nj today. Not going down. I was paying $3.25 last month

    • @pinkfreud62
      @pinkfreud62 Před 2 měsíci

      I paid $3.69 a couple weeks ago in Ohio & we're usually cheaper. But it's lower this week.

  • @Jeff_Seely
    @Jeff_Seely Před 2 měsíci +1

    What I want to know is, if you have an accident with one of these autonomous cars, how do you handle insurance claims? How could you have an arbitration with a machine that makes no statements? What a mess that would be! Keep em away from me. I enjoy driving and want to continue to do so.

  • @user-un4mu1hj5o
    @user-un4mu1hj5o Před 2 měsíci +1

    Supply and demand is always relevant, but they do have to pay someone to truck the gas around. That price doesn't go up and down, just up. They have to pay people to work at the gas station. The station has to pay rent and that doesn't go down. Economics can be complex. It's not always as simple as supply and demand.

  • @justacinnamonbun8658
    @justacinnamonbun8658 Před 2 měsíci +6

    A car...🤣........ Without a steering wheeeeeeel.... 🤣🤣🤣 What can possibly go wrong??

  • @markmeador
    @markmeador Před 2 měsíci +16

    I am retired and have bus that gets 4 mpg. If I run out of money I just park it where ever I run out of fuel

    • @iwantequinox
      @iwantequinox Před 2 měsíci

      my lord4 mpg haha and sad face at a time

  • @theamericanopry
    @theamericanopry Před 2 měsíci +1

    Maybe you missed it, but Scott Sheffield was found to be colluding with OPEC to keep gas prices high, resulting in an average increase of over $1000 per person in the US.
    “When corporate executives’ words or actions reveal…a belief that they can collude, we should generally believe them,” FTC Chair Lena Kahn said in announcing the commission’s decision.

  • @mauricejchiasson
    @mauricejchiasson Před 2 měsíci +10

    I'm in Prince Edward Island Canada. My cost for oil (we do not have Nat Gas) for a 2000 sqft house for heat went from $3000 per year in 2019 to $6000 peryr in 2024. Gotta have heat. It is a ripoff.

    • @Chain987
      @Chain987 Před 2 měsíci +4

      It will get even more expensive. Prepare.

    • @casedoumasr656
      @casedoumasr656 Před 2 měsíci +4

      What about WOOD 🤔

    • @dwightdodd3734
      @dwightdodd3734 Před 2 měsíci

      Canada is LOADED with oil !!!!!!! The oil cpmpanies are just hosing you............

    • @mauricejchiasson
      @mauricejchiasson Před 2 měsíci +2

      @@casedoumasr656 actually, around here wood is about the same price at $300 a cord. Plus I'm in city, and not allowed to store wood outside. I would have to shove it all in my garage.

    • @casedoumasr656
      @casedoumasr656 Před 2 měsíci +3

      @@mauricejchiasson Still better then oil cost and you get to save No gym membership 💰🤔

  • @scottlaboch4534
    @scottlaboch4534 Před 2 měsíci +4

    It's DOWN to about $5.00 a gallon here in SoCal

  • @ricktaylor3748
    @ricktaylor3748 Před 2 měsíci +19

    We'll NEVER see gas below $3.00 per gallon again.

    • @CorneliusMegadook
      @CorneliusMegadook Před 2 měsíci +3

      Sure we will. Paid 3.08 today

    • @andyfunke9484
      @andyfunke9484 Před 2 měsíci +1

      Come on up to Canada, it's $5.00 a gallon or more. That's US dollars, it's higher in Canadian dollars.

    • @stevenlageson1868
      @stevenlageson1868 Před 2 měsíci +6

      It’s $2.99 right now in N. Georgia

    • @DanielDTUBWeinberger
      @DanielDTUBWeinberger Před 2 měsíci

      Where I am and 1-2 miles from Scotties TN home I played $2.69/gl in the past couple weeks for E10 87-Octane

    • @jmac636
      @jmac636 Před 2 měsíci +4

      2.85 a gallon in Houston Texas right now

  • @markmichlewicz5141
    @markmichlewicz5141 Před 2 měsíci +20

    When are groceries and insurance coming down.

    • @raw7504
      @raw7504 Před 2 měsíci +4

      insurance comes down when people stop buying ridiculously expensive cars and start buying small cars again... as for groceries the price gouging continues though walgreens, target and couple others have said they are lowering prices due to reduced customer visits

    • @reecedresen9746
      @reecedresen9746 Před 2 měsíci +4

      Never again sadly

    • @melancholypuppy3595
      @melancholypuppy3595 Před 2 měsíci

      Insurance will come down when everyone realizes they are better saving their insurance money​ and buying the cheapest ones. Makes no sense to pay 2K a year when you wont see it back

  • @trevorz459
    @trevorz459 Před 2 měsíci +8

    Scotty your videos are more bipolar than Britney Spears juggling butcher knives 😂

  • @fromthebackofmymind
    @fromthebackofmymind Před 2 měsíci +1

    Container shipping pricing is going up.
    Each container costs more to ship.
    So all the things we import are going up.
    40%? maybe more per container.🎉 Consumers will pay.

  • @terryward1422
    @terryward1422 Před 2 měsíci +1

    On my last fill up I paid $1.67 CAD for a litre of gas. That works out to $4.61 USD per US gallon. Even at that price the cost of switching to a new EV doesn't work out. It cost me $160 for gas per month and the price for a base model EV is four times that amount.
    Until there is a new $20k EV for the mass market there is no business case for cost concious consumers to switch to an EV.

    • @terryward1422
      @terryward1422 Před 2 měsíci +1

      @@jbrown4137 The cost of renewable energy is dropping in the US year over year. There has been very rapid growth of renewables in the America South West so electricity prices there will drop first.

  • @Lastkingof33
    @Lastkingof33 Před 2 měsíci +1

    I said same thing. Them self driving cars need their own road.

  • @isaidromerogavino8902
    @isaidromerogavino8902 Před 2 měsíci

    'oh I forgot my shoes' hahaa Scottie's vibe is so contagious and entertaining.
    Kind of sad there wasn't a mention of Mex, it's nice when he acknowledge us, regardless of him taking a piss all over our products

  • @idefinitelysmashedurmom
    @idefinitelysmashedurmom Před 2 měsíci +3

    Around this time every year Scotty’s voice hits puberty😂

  • @johnnyj9556
    @johnnyj9556 Před 2 měsíci +4

    Scotty ,I can remember, when when gas was 25cents gallon, That's was back in the day when. Money meant something.

    • @charlesjackson1700
      @charlesjackson1700 Před 2 měsíci +1

      1968 to 70.. depending on what part of the country you lived in..

    • @stoundingresults
      @stoundingresults Před 2 měsíci

      Pre 1964 quarters and dimes were 90% silver and they kept up with inflation. Silver at $30 ounce means a pre 1964 quarter's value is about $7.00

  • @dwardodwardo643
    @dwardodwardo643 Před 2 měsíci +1

    Who takes petro dollar campaign contributions? Do the oil companies pay taxes and are they paying for wear on roadways to deliver fuel even though there are delivery surcharges? I used to fuel up at an Exxon station literally across the street from the refinery with these charges. Price is quick to go up, slow to come down and they don't pay their fare share.

  • @adamthomson2873
    @adamthomson2873 Před 2 měsíci

    I am exhausted just watching Scotty. Always entertaining and informative. Thanks Scotty.

  • @FranciscoJimenez-bb7fk
    @FranciscoJimenez-bb7fk Před 2 měsíci +1

    Rumor over here in California is
    Refineries are max out,old outdated with no new Refineries planned. Also, even though diesel fuel is less cost to make diesel fuel is made in less quantity than gasoline thus labeled a commodity that merits higher price at the pump😆😆😆

  • @bikesbees9392
    @bikesbees9392 Před 2 měsíci +1

    Sit down and cool off . In Europe everywhere you pay $8 for a galon. Be happy and keep on driving your mega big cars and trucks!

  • @jnk26
    @jnk26 Před 2 měsíci +1

    Oil price today is for 3 months from for now. Its listed as "Oil futures" for a reason.

  • @JohnDoe-ug5zo
    @JohnDoe-ug5zo Před 2 měsíci +1

    Very informative and entertaining.

  • @donaldforsyth2986
    @donaldforsyth2986 Před 2 měsíci +1

    An even bigger scam is the price of motor oil. Most people don't realize that a 42 gallon barrel of oil contains 168 quarts of oil. So even if a barrel costs $80 there should be profit in selling motor oil at $1 a quart. So why is the oil on the shelves minimum $4/quart with most priced at 6-7 dollars? There's just not that much processing to make motor oil from crude oil.

  • @MichaelSuperbacker
    @MichaelSuperbacker Před 2 měsíci

    Great video Scotty! I love the bell 🔔 at the end of your videos!

  • @Antiauthoritarian01
    @Antiauthoritarian01 Před 2 měsíci +1

    Taxes taxes taxes. :( this is also a big problem with gasoline prices

  • @matthewnelson1420
    @matthewnelson1420 Před 2 měsíci

    Considering the price of my 05 Pontiac Grand Prix when I bought it, it was an amazing deal. 15 years later? 189k miles. Original transmission. Never drained the fluid.
    How good a vehicle is to you, depends on how good you are the vehicle.
    People had issues with the transmission on this because it's a "sports car" with a standard sedan transmissions. Don't street race with the car and its fine.

  • @tjmeyer3037
    @tjmeyer3037 Před 2 měsíci

    Hi Scotty, I recently acquired a 1998 Buick Riviera with the supercharged 3.8 liter V6. I like it very well, and it's in good condition with no rust, which is rare in Southern Ohio. It calls for premium fuel, so that's what I use even though it's $1 more per gallon at my local station. From previous experience, I know it will get better mileage with the premium, but I haven't had it long enough to check the actual difference. I use the same fuel from the same pump when I fill up to eliminate any discrepancies I may have concerning the fuel source. I plan to go through the preventive maintenance I think it needs, and I'll check the mileage afterward. My question is obvious though, what are the pros and cons of (Shell) regular vs. premium, and is there a significant detriment to using the $1 per gallon cheaper fuel in this vehicle and many others? Thanks for all you do to support your community. TJ Meyer

  • @Vincent-ke5zn
    @Vincent-ke5zn Před 2 měsíci +5

    There's no way I would get in the non-steering vehicle especially in the bay area

  • @SteveS-dj4nq
    @SteveS-dj4nq Před 2 měsíci

    It’s pretty well known that changes in the price of oil don’t get reflected in price of gas and diesel for about two months or until the oil is delivered and refined.

  • @KFish-bw1om
    @KFish-bw1om Před 2 měsíci

    "...they run like scalded apes." 😂
    I was not expecting that.

  • @onryboy2264
    @onryboy2264 Před 2 měsíci +1

    Scotty, The gas prices in Ohio are going up daily because of this stupid e-check in certain counties in the state. I truly believe that all 88 counties should have to have the testing if the Ohio EPA is going to make just certain ones do the emissions testing.
    What's your input on this?

  • @jlutie2943
    @jlutie2943 Před 2 měsíci

    Out here in California it only goes up taxes and more taxes on gas

  • @williampeters6004
    @williampeters6004 Před 2 měsíci +1

    Scott are you living in Rhode Island now? I remember you were living in Texas then Tennessee I thought. I'm in Massachusetts not real far from Rhode Island. Soon I want to retire and if I wanted to stop by and let you put the scanner on my car or do some kind of a simple job like a brake job do you do that kind of stuff still to this day ???

    • @michaeltheveny5270
      @michaeltheveny5270 Před 2 měsíci +1

      I was wondering same thing, thought he was in Tennessee

  • @stephenparkins3552
    @stephenparkins3552 Před 2 měsíci +1

    Here in California I go to an Arco station regular unleaded is $479 a gal. That's the cheapest in Riverside. Most stations charge more that $5 a gal around here

    • @jacobmounts8975
      @jacobmounts8975 Před 2 měsíci +1

      Can stop living in CA. We're paying right around $3/gal in western KY.

    • @johnhahn8464
      @johnhahn8464 Před 2 měsíci

      Weird it's low $4 in many places near riverside at various costcos 🤪

    • @seanmcfadden6600
      @seanmcfadden6600 Před 2 měsíci

      $479 a gallon?

  • @xmanrgil6
    @xmanrgil6 Před 2 měsíci +1

    I'm in California still six bucks in a gallon That's crazy Sacramento California totally completely insane

    • @bertwolf2511
      @bertwolf2511 Před 2 měsíci

      You're getting ripped off. Sacramento averages 4.80 as of today. Is your brother in law selling you this gas?

  • @markemery7741
    @markemery7741 Před 2 měsíci +2

    Last time oil was $120 a barrel gas went up to $4.25 here in Oregon. Now oil is 70ish a barrel and gas is over 4$. I think the climate cult has their hands in our pockets. They need gas $ for the private jets

  • @drlarcey
    @drlarcey Před 2 měsíci +1

    So true brother

  • @tourdelance3698
    @tourdelance3698 Před 2 měsíci +2

    There’s no such thing as fossil fuel Fossils have only been found as low as 16,000 feet. We drill for oil between 26,000 and 32,000 feet deep! We need to drop the words “fossil fuel” ⛽️ they keep telling us we have 10,000 new oil drilling leases, but a lease is worthless without a permit. We have ZERO PERMITS from this administration!! 🤷🏼‍♂️ We need to pass the bill HR1 to open up drilling & fracking oil! PERMITS!!!

    • @roshi98
      @roshi98 Před 2 měsíci

      Supply is not the issue, price gouging is.

  • @GeraldDenny
    @GeraldDenny Před 2 měsíci

    Good narrative on the gas price fiasco, Scotty.

  • @kermitefrog64
    @kermitefrog64 Před 2 měsíci

    You are correct. It has been horrible in California but the prices have dropped about 50 cents in the last few weeks but its still outrageously over priced. I remember how low they were when I first started driving it was 59 cents a gallon. Minimum wages were $2.65 an hour. So, you could buy 4 gallons of gas for the minimum wage. Currently the minimum wage is $16. 00 an hour but gas has be around $5.00 dollars a gallon. That means that you can only a little over 3 gallons. So, gas prices are higher.

    • @PazLeBon
      @PazLeBon Před 2 měsíci

      you have sun so should be solar no?

  • @trolllibtards2604
    @trolllibtards2604 Před 2 měsíci

    I drove through South Jersey heading to the shore last weekend. There was a Union 76 station that had regular for $3.32. And Super unleaded 93 octane for $3.89.

    • @johnmcmullen456
      @johnmcmullen456 Před 2 měsíci

      Premium in my area is $ .90 to $1.00 above regular regardless of station. Total rip off.

  • @buckwheat2174
    @buckwheat2174 Před 2 měsíci

    I just had to sale my 2000 Honda Civic due to tight pockets n couldn't afford two whips atm, just need ed a couple new tires and some new ball joint s, oil change, windshield wipers, let it go for 900 but at least I sold it to a friend that I know will take care of it and I will be able to see it every once in a while, it was a sad moment, yea I know thiole saying they come they go but them older four cylinders like a honda civic in good condition are getting hard to find

  • @PaulJohnson-vn7eh
    @PaulJohnson-vn7eh Před 2 měsíci +10

    Things were much, much better when we were producing tons of our own oil. Thanks Jotato!

    • @eastonlee5102
      @eastonlee5102 Před 2 měsíci +3

      What do you mean (WE) ? THE OIL COMPANIES ARE PRODUCING AS MUCH AS EVER! THEY EXPORT TO THE HIGHEST BIDDER!

    • @bruceschmidt3539
      @bruceschmidt3539 Před 2 měsíci +1

      Its sold as a commodity like gold and copper. Opec contols the price of oil.

    • @eastonlee5102
      @eastonlee5102 Před 2 měsíci +1

      @@bruceschmidt3539 kind of true,but the owner can sell for a lower price in the usa if its local oil! But why should they? They know they got us by the balls!

  • @robertgray6631
    @robertgray6631 Před 2 měsíci

    They will just cut production to drive up prices. It’s a non parsable product. It lasts forever when not burned or used. I had a 94 Oldsmobile Cutlass Supreme convertible 3.4 dual overhead cam. Had almost 400,000 miles before it was stolen. Drove great it was front wheel drive

  • @paulsimpson8990
    @paulsimpson8990 Před 2 měsíci

    Regular is $9AUD a.gallon here in Australia

  • @asphalthedgehog6580
    @asphalthedgehog6580 Před 2 měsíci

    Taxes on fuel here are so high we hardly notice changes in prices before tax. Next year: €2.40/litre for regular. Taxes go up with €0.23/liter.

  • @Desertbiker617
    @Desertbiker617 Před 2 měsíci +2

    OPEC just announced that they will pump more oil.🤔

  • @Icehso140
    @Icehso140 Před 2 měsíci +1

    If Scotty got arrested and handcuffed...his right to remain silent would be automatic because the hands wouldn't be able to talk. LOL

  • @dimitriberozny3729
    @dimitriberozny3729 Před 2 měsíci

    No steering wheel,great idea for San Francisco!! GENIUS!!!

  • @xmanrgil6
    @xmanrgil6 Před 2 měsíci

    Yeah that's what they tell you on the news you have to be down here to check it out

  • @danielmiller6818
    @danielmiller6818 Před 2 měsíci +23

    I Drive a Raptor and Super Duty Platinum. It's not miles per gallon, it's about the smiles per gallon.

    • @raw7504
      @raw7504 Před 2 měsíci +1

      i mean if you want to spend tens of thousands a year on gas you do you

    • @tallyvision
      @tallyvision Před 2 měsíci

      😂

    • @AAANDN1
      @AAANDN1 Před 2 měsíci

      Me me me me me...gotta make it about me and bragg

    • @Tuck727
      @Tuck727 Před 2 měsíci +1

      I have a 2011 Raptor 6.2 Liter,love it.

    • @shalashaskaa8
      @shalashaskaa8 Před 2 měsíci

      @@raw7504and he never….tows…..a thing 😂😂😂

  • @fromthebackofmymind
    @fromthebackofmymind Před 2 měsíci +2

    Saudi Arabia announced crude production cuts to keep the prices high.

    • @mikekokomomike
      @mikekokomomike Před 2 měsíci +1

      there's some rumors out there that a petrodollar deal with Saudi Arabia expires on the 9th of June, 2024. may refuse to trade oil in dollars?

    • @fromthebackofmymind
      @fromthebackofmymind Před 2 měsíci

      ​@@mikekokomomikechinese remini?

    • @fromthebackofmymind
      @fromthebackofmymind Před 2 měsíci

      Reminbini? Yuan? Coins with holes in the center? Or billiins in gold Xi has bought. Exuza mi spinglesh

  • @geraldkoth654
    @geraldkoth654 Před 2 měsíci

    Taxes and prices are hooked to the electrical equivalent of a diode or the fluid equivalent of a check valve. They only go up.

  • @rommeltolentino5954
    @rommeltolentino5954 Před 2 měsíci

    Just a 2005 Toyota Corolla le,brand new O2 sensor upstream and downstream ,brand new catalytic converter California CARB,New battery, new spark plug Denso.but the drive cycle it's not ready O2 sensor.Idrive every day but O2 sensor always is not ready.

  • @ruacollector9772
    @ruacollector9772 Před 2 měsíci

    Thanks for another enjoyable video. I was wondering what your opinion is of the 2006 Buick Lucerne CXL with the 3.8L V6 engine. I found one with only 60,000 miles and was looking for a daily driver car. Thanks again for all the videos.

  • @edcain9492
    @edcain9492 Před 2 měsíci

    Each State has the option of Cbarging A GAS TAX & GOV.SETS That.Only went Down by 2-4 ¢ here in Atlanta,Also.😊😅

  • @meinasalon
    @meinasalon Před 2 měsíci

    They are not coming down in California. Just paid $5.43 for mid grade and State tax set to go up again in July.

  • @unconscious_Thoughts
    @unconscious_Thoughts Před 2 měsíci

    Love these kinds of videos Scotty

  • @PANTYEATR1
    @PANTYEATR1 Před 2 měsíci +3

    A new 76 gas station opened here in Florida near my house. They sold gas most of the day for $1.76! It made the news and everything😕 the line was super long, but i was told it only took 15 minutes to get through the line.

  • @jeffc.4828
    @jeffc.4828 Před 2 měsíci +1

    Gas always goes up in the summer

  • @Temmie_Dola
    @Temmie_Dola Před 2 měsíci

    0:56 literally first time i hear his regular calm voice

  • @gemeinschaftsgeful
    @gemeinschaftsgeful Před 2 měsíci +6

    Price fixing--gouging.

  • @lonesoldierinsincity7
    @lonesoldierinsincity7 Před 2 měsíci

    *Good video scotty, keep it up.* 👏💯