Oil & The Economy

[Fernando]

"The poor" - like you - don't buy $60k autos just to get a $5000 tax break. This is a subsidy for the upper middle class. Get real.

Good the poor didn't buy Tesla. I was shock to see my insurance for that car is $2,700 for coming year.

 

[Terrel L. Shields]

car is $2,700 for coming year.

My 3 cars are $1,400 for a full year

 

[Fernando]

My 3 cars are $1,400 for a full year

They must be very old cars.
My other older gas cars (10 years and less) combined is about $1,400. That Tesla is surprisingly expensive.

 

[Dublin ohio]

Subsidies were meant to help the poor buy EV cars.

"The poor" - like you - don't buy $60k autos just to get a $5000 tax break. This is a subsidy for the upper middle class. Get real.

Good the poor didn't buy Tesla. I was shock to see my insurance for that car is $2,700 for coming year.

Wait.........................What?

 

[Fernando]

Wait.........................What?

I was using the general term of earning less than $150,000 as the poor.
In CA, government help them get subsidized housing.
Earning more of $150,000 will help in paying the crazy Tesla insurance.

 

[Terrel L. Shields]

less than $150,000 as the poor.

median income in CA

Arkansas - Median household income (in 2022 dollars), 2018-2022 $56,335

 

[Terrel L. Shields]

Valero Could Be Next To Shutter California Oil Refineries | OilPrice.com

Valero, the United States’ second-largest refiner by capacity, is keeping all options “on the table” for its two California refineries.

oilprice.com

Valero is looking at shutting down their refinery in CA

 

[Charles West]

Good the poor didn't buy Tesla. I was shock to see my insurance for that car is $2,700 for coming year.

How many DUIs do you have? Our little Model Y is only $1,400 annually.

 

[Terrel L. Shields]

Florida Man Pleads Guilty to Biofuel Fraud Conspiracy

A Florida man pleaded guilty for his role in a scheme that generated over $7 million in fraudulent Environmental Protection Agency (EPA) renewable fuels credits and sought over $6 million in fraudulent tax credits connected to the purported production of biodiesel.

www.justice.gov

Florida man has pleaded guilty to charges related to a massive biofuel fraud scheme that netted over $7 million in fake EPA renewable fuel credits and sought over $6 million in fraudulent tax credits.

Royce Gillham, the general manager of a Fort Pierce biofuel company, admitted to falsifying production records to inflate the company's renewable fuel credits.

 

[Fernando]

How many DUIs do you have? Our little Model Y is only $1,400 annually.

I have Geico.