Would you pay more for "Made in the USA" gasoline?

early
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early
I don't want this to get political, but with the threat of an oil price war between Russia and the Saudis, would you pay more at the pump if you knew you weren't supporting them? Oil is traded as a world commodity and prices could go as low as $30 a barrel, I've seen US break even points around $40-$50 a barrel. So let's say this represents a 25% increase at the pump. Would you pay $2/gal (the current price in my area) if price dropped to $1.50 and US producers were in trouble.
(Nevermind other factors like ethanol, environment, taxes, etc)
EDITED FOR CLARITY

Would you pay 25% more for USA gas?

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colintrax
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colintrax 3/13/2020 9:56am
3/13/2020 9:56am
A little more, but 25%? Idk. Not like cheap oil prices are helping those countries as they sell off a nonrenewable resource.
zehn
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zehn 3/13/2020 10:15am
3/13/2020 10:15am
Nope. How can you even track where your gasoline was pumped out of the ground, stored, tanked to a refinery, refined, then distributed to a gas station? What does "Made in USA" even mean in the context of gasoline? Alaskan, Texas, ND crude? Refined in CA?
early
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early 3/13/2020 10:25am
3/13/2020 10:25am
zehn wrote:
Nope. How can you even track where your gasoline was pumped out of the ground, stored, tanked to a refinery, refined, then distributed to a gas...
Nope. How can you even track where your gasoline was pumped out of the ground, stored, tanked to a refinery, refined, then distributed to a gas station? What does "Made in USA" even mean in the context of gasoline? Alaskan, Texas, ND crude? Refined in CA?
It can't be tracked now. A system would have to be put in place like "certified organic". Crude drilled from within US borders, refined within US borders, delivered within US borders.

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Indian_Dunes_4ever 3/13/2020 10:29am
3/13/2020 10:29am Edited Date/Time 3/13/2020 10:29am
The cost should be lower without the need to ship it across the pond.

I voted NO.

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yz133rider
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yz133rider 3/13/2020 10:32am
3/13/2020 10:32am
No reason for it to be more expensive. Other than inefficient govt regulations. Make it cheaper and keep our money here instead of making our enemies rich.
early
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early 3/13/2020 10:44am
3/13/2020 10:44am
yz133rider wrote:
No reason for it to be more expensive. Other than inefficient govt regulations. Make it cheaper and keep our money here instead of making our enemies...
No reason for it to be more expensive. Other than inefficient govt regulations. Make it cheaper and keep our money here instead of making our enemies rich.
If the price should drop so low that companies would be looking for a government bailout. This is a free-market solution.
Sheriff245 3/13/2020 10:55am
3/13/2020 10:55am
Indian_Dunes_4ever wrote:
The cost should be lower without the need to ship it across the pond.

I voted NO.
That, and taxes are a significant part of the price of gas. Said taxes would remain the same no matter where the crude oil comes from. Selling price would not be 25% higher.
TXDirt
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TXDirt 3/13/2020 10:58am
3/13/2020 10:58am
We should be producing things here. Like medical manufacturing for example. We refine quite a bit of oil and gas here already. But produce near zero percent of life saving and life critical medicine and medical equipment.

Keep production in the United States. It’s strategic in so so many ways.
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zehn
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zehn 3/13/2020 11:08am
3/13/2020 11:08am
If the market is as efficient as people think it is or should be, nobody in their right mind would pay a premium for fungible goods in the long-term.
early
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early 3/13/2020 11:09am
3/13/2020 11:09am
Sheriff245 wrote:
That, and taxes are a significant part of the price of gas. Said taxes would remain the same no matter where the crude oil comes from...
That, and taxes are a significant part of the price of gas. Said taxes would remain the same no matter where the crude oil comes from. Selling price would not be 25% higher.
A place around me sells 93 with no ethanol, it costs about 10% more than the standard stuff.
Indian_Dunes_4ever 3/13/2020 11:24am
3/13/2020 11:24am
Sheriff245 wrote:
That, and taxes are a significant part of the price of gas. Said taxes would remain the same no matter where the crude oil comes from...
That, and taxes are a significant part of the price of gas. Said taxes would remain the same no matter where the crude oil comes from. Selling price would not be 25% higher.
early wrote:
A place around me sells 93 with no ethanol, it costs about 10% more than the standard stuff.
I will pay extra for 93 octane. Sadly, here in nazi-fornia we are stuck with 91 for everyday fueling stations (unless you buy race gas at exorbitant prices)
MotoTribology 3/13/2020 11:26am
3/13/2020 11:26am Edited Date/Time 3/13/2020 11:27am
Supply and demand. There is a low supply of ethanol free 93 octane gasoline, so it demands a premium price. There is an abundant supply of domestically produced gasoline in the US, so it does not demand a premium.

That being said, the supply chain commingles both crude prior to refining and gasoline after refining. It wouldn't just take a method of tracking the supply chain. You'd need to revamp the entire supply chain to first, isolate different crude sources during refining, and second, isolate gasoline batches from refinery to pump, disrupting a lot of the current post refining processes.

I would expect a change like this would result in a lot more than 25% price increase, for both domestic and imports.
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tcannon521
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tcannon521 3/13/2020 1:17pm
3/13/2020 1:17pm
I prefer to pay for “made in the USA electricity” to power my electric vehicle.
Falcon
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Falcon 3/13/2020 1:20pm
3/13/2020 1:20pm
I'd pay $2.00 per gallon all day long. That would be a $1.30 discount for me!

(Thanks, CA! Angry )
XXVoid MainXX
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XXVoid MainXX 3/13/2020 1:23pm
3/13/2020 1:23pm Edited Date/Time 3/13/2020 1:27pm
I would much rather use up non-renewable resources of other countries before I use my own, especially if they are cheaper. But I would rather switch to electric over either of those two options to be honest, and I will some day soon.
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