News for hackers. Stuff that matters.
Re:U.S. Gas Prices Have Fallen for 50 Straight Days by ibeckermayer on Wednesday August 03, 2022 @07:50PM (#32337763)
They’re releasing from the strategic petroleum reserve, so yeah “he did that” but it’s not sustainable. Meanwhile the administration still actively hostile towards domestic production, which is what will actually solve the problem.
Re:U.S. Gas Prices Have Fallen for 50 Straight Days by toomuchtodo on Wednesday August 03, 2022 @07:54PM (#32337797)
Getting off of oil solves the problem, not bandaids like temporarily stoking production of a resource we don’t want to be using.

In an ideal scenario, we’d institute a carbon tax and subsidize EVs and clean electrical generation if US politics weren’t broken, but here we are.

The average voter doesn’t understand global oil market economics, geopolitics, refinery capacity, fossil investment divestitures, etc, they just want to drive where they want to go. Don’t want to be beholden to a constrained energy resource? Switch to proven alternatives. It’s not rocket science. Make it cheap to buy EVs and make it more financially painful to by combustion vehicles, even if you’re cutting checks to EV makers out of the Fifth Fleet’s budget.

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by gray_charger on Wednesday August 03, 2022 @11:44PM (#32339129)
"Too poor to afford $4/gallon? Just buy a brand new Tesla!"
Re:U.S. Gas Prices Have Fallen for 50 Straight Days by toomuchtodo on Wednesday August 03, 2022 @11:48PM (#32339148)
For those who can afford it, absolutely. I spoke with someone yesterday who sold their F350 pickup and partner’s gas vehicle for a Model 3 and a Y because they could no longer justify their gasoline expenses with their driving cycles. The free hand of the market at work. As I mentioned, carbon taxes and EV point of sale rebates for those less well off.

https://www.motorbiscuit.com/tesla-model-3-costs-considerabl...

https://www.tesmanian.com/blogs/tesmanian-blog/tesla-model-3...

If you don’t want to tax carbon and offset EV prices with the proceeds, yes, people of lesser means will experience economic pain in the near term due to apathetic energy policy since the 70s oil embargo. The price of oil will only go up with capital divestments (including refineries at maximum capacity perpetually) and the price of EVs will continue to decline over time. Nothing will spur increased investment in fossil fuels long term in the current political climate. There is no short term fix. You must lean hard into electrification.

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by weq on Wednesday August 03, 2022 @09:44PM (#32338443)
Im all for getting off oil, but getting off it onto rare earth minerals is not green.

EVs have a life span of less then 10yrs, they often blow up catastropically, they rely one rare earth minerals to be built and run, they are very hard and expensive to fix, and they are charged via fossil fuels the majority of the time; they are not saving the planet of anything. They are marketing! Green is worth big money.

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by thenewwazoo on Wednesday August 03, 2022 @10:29PM (#32338655)
> EVs have a lifespan of less then (sic) 10yrs

This is demonstrably false, as the Model S alone was first released in 2012 and still has a KBB value estimate of over $20,000 for a 100k mi very good condition example.

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by throwaway0a5e on Thursday August 04, 2022 @06:05AM (#32341104)
>This is demonstrably false, as the Model S alone was first released in 2012 and still has a KBB value estimate of over $20,000 for a 100k mi very good condition example.

I agree EVs can easily last as long as any other car so long as you're willing to do a battery once but KBB value doesn't mean squat other than as a measure of original purchase price vs how hard the owners drove them into the ground. Considering who buys Teslas and how they get treated they had better hold their value or something is seriously wrong.

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by MerelyMortal on Thursday August 04, 2022 @12:07AM (#32339267)
10,000 miles/year is not realistic in many (most?) parts of the country.

It's 13,476 for everyone. This link breaks it down by age and sex:

https://www.fhwa.dot.gov/ohim/onh00/bar8.htm

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by MisterMower on Wednesday August 03, 2022 @10:46PM (#32338754)
Now do one with 200k miles and needs a new battery.
Re:U.S. Gas Prices Have Fallen for 50 Straight Days by rayiner on Wednesday August 03, 2022 @10:33PM (#32338685)
> In an ideal scenario, we’d institute a carbon tax and subsidize EVs and clean electrical generation if US politics weren’t broken

US politics isn’t “broken” most voters just don’t care enough about climate change to actually do anything more than support mitigation efforts in the abstract as long as it doesn’t cost them anything.

My parents, for example, are core democrat voters: older minorities who vote straight ticket democrat not only in presidential elections, but random local ones. My parents didn’t even vote for Larry Hogan, who won our Biden-leaning county by 38 points.

And they don’t care at all about climate change! They have a car and aren’t going to buy an EV. Their biggest concern right now is inflation and gas prices. (My dad blames Biden for not strong arming Ukraine into quickly capitulating so the Russian gas can keep flowing.) If you polled them they would say that we should do something about climate change, because they know republicans are climate change deniers and don’t want to come across as being Republican, but it’s a purely symbolic belief that doesn’t affect their voting patterns at all.

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by toomuchtodo on Wednesday August 03, 2022 @10:41PM (#32338726)
Indeed, your entire comment is accurate, in broad strokes, across the electorate. Luckily, adoption is ramping quickly enough that we're already passed an inflection point in the US (per Bloomberg): https://archive.ph/wPQ9B

I still argue politics is broken if people don't care about climate change; that apathy flows to their representatives. C'est la vie, we'll clean it up on the backend with tech and clean energy's version of Moore's Law.

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by throwaway0a5e on Thursday August 04, 2022 @06:03AM (#32341093)
"People don't care enough about my pet issue" does not make politics broken for any value of pet issue no matter how legitimate said value is.

"Politics is broken" is right up there with the. "people are bad at X" family infantile assertions always boil down to the old Principal Skinner "everyone else is wrong and I'm right" argument. Said argument is inherently wrong for issues of social norms or consensus where the "average man" is always tautologically correct.

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by random314 on Thursday August 04, 2022 @03:34AM (#32340225)
Makes perfect sense as carbon emissions is the kind of "commons" problem that needs to be solved by carbon tax, not individual action.

Repositioning it as an individual problem is a very old PR technique.

https://mashable.com/feature/carbon-footprint-pr-campaign-sh...

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by MaxDPS on Wednesday August 03, 2022 @08:06PM (#32337881)
You really think gas prices are going down because the government is selling off reserves? You really think that is the difference maker here?
Re:U.S. Gas Prices Have Fallen for 50 Straight Days by relativ575 on Wednesday August 03, 2022 @09:19PM (#32338317)
Yes, that is the idea:

https://home.treasury.gov/news/press-releases/jy0887

If you think you have a valid counterpoint, feel free to elaborate.

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by rco8786 on Wednesday August 03, 2022 @09:56PM (#32338492)
I don’t really have a dog in this fight, but how does this square up with prices in Europe also dropping?
Re:U.S. Gas Prices Have Fallen for 50 Straight Days by josephcsible on Wednesday August 03, 2022 @11:52PM (#32339170)
Because gas is fungible. Since we're burning our reserves, we're importing less than we otherwise would, and from there it's basic supply and demand.
Re:U.S. Gas Prices Have Fallen for 50 Straight Days by MaxDPS on Wednesday August 03, 2022 @10:27PM (#32338648)
Your own source says you are wrong. The price of a gallon of gas has dropped by almost a dollar according to the article in this post.

Your own link says: “As shown in the table above, our analysis suggests that President Biden’s historic SPR release, in coordination with IEA partners, lowered the price of gasoline by 17 cents to 42 cents per gallon, with an alternate approach suggesting a point estimate of 38 cents per gallon.”

So, even their most generous estimate doesn’t support what you are saying. And that’s assuming that the price of gas wont drop any further (it will).

Re:U.S. Gas Prices Have Fallen for 50 Straight Days by throwaway5959 on Wednesday August 03, 2022 @08:40PM (#32338077)
No, but that’s a convenient excuse that lines up with their ideology.
Re:U.S. Gas Prices Have Fallen for 50 Straight Days by ibeckermayer on Friday August 05, 2022 @11:48AM (#32357841)
Yes, that's the entire purpose of the sell off. Supply went up while demand stayed the same, which causes the price to go down.
Re:U.S. Gas Prices Have Fallen for 50 Straight Days by crocwrestler on Wednesday August 03, 2022 @09:17PM (#32338300)
Why did it go down? Demand destruction? Recession fears?