Oil prices rise after strikes on Saudi oil facilities

Loving my EV right now, especially since my work lets me charge for free. Saving me at least $1200 per year.

You mean clean beautiful coal?? 

Nah-yeah, about that ceasefire...

Last month while things were exploding in the Gulf region, a congressman of Missouri proposed an annual tax on EVs and hybrids to discourage people from trying to avoid high gas prices: https://arstechnica.com/cars/2026/03/republicans-in-congress-add-250-annual-federal-ev-tax-to-transport-bill/ > That last one had the effect of bringing forward sales from people who needed an EV and knew the credit was expiring at the end of last September, leading to a rosy-looking Q3 2025 followed by a rather bad Q4. Things got even worse this year—in January just 5.1 percent of all new vehicles sold were EVs, compared to 8.3 percent in January 2025. But the government’s antipathy toward EVs isn’t done yet. House Transportation and Infrastructure Committee Chair Sam Graves (R-Mo.) wants to include an **annual $250 tax on EV drivers—hybrids would also pay $100 a year**—in an upcoming bill. Also in that same month, TotalEnergies was paid $1 billion by the US to abandon renewable energy projects and instead invest in hydrocarbons: https://arstechnica.com/science/2026/03/trumps-latest-anti-wind-effort-pay-companies-to-abandon-offshore-leases/

The market goes up and down based on tweets. This is not a serious reality. Bombing oil fields, strait closed, reduced production, as long as the tweets are good the price stay down

Futures =/= the current price of oil

It literally makes no sense at all especially for how long this has been going I wonder if a crazy rebound is going to happen, but it seems every damn time trump opens his mouth, states another lie or poorly planned out treaty and bam 77,88,92,98 it just blows my mind.

It's not profitable.

True dat 🤣

Imagine how smug all those folks with batteries for their houses and enough rooftop solar to fully charged them and live entirely off the grid, and run their EV, must be right about now.  Can you blame em? Years of being told solar and wind and batteries are "unreliable". "oh what's that? You can barely afford to drive to work any more? Gosh shame about that. Anyway I'll just be over here enjoying my 'unreliable' renewables as you called em while you wait for two insane governments to reach a ceasefire so a shipping lane on the other side of the planet can reopen again."

About that... [Trump's Move To End EV Credit A 'Cruel Irony,' Auto Industry Expert Says As EV Sales Fall, Gas Prices Soar Past $4/Gallon Amid Iran War](https://finance.yahoo.com/sectors/energy/articles/exclusive-trumps-move-end-ev-220109329.html) It's all part of their plan.

Nah, just some of the world. Current Australian government, while definitely not perfect (approving extensions to coal mining for instance), has done some good work on renewables. In some states we can get 3 hours of free electricity between 11am and 2pm, since we just have enough solar flowing back into the grid to give it away. They recently had a scheme to subsidize home batteries, 18kwh sitting in my garage right now. Put those 2 things together, and even in winter I have free electricity all day, and just pay the dollar a day connection fee. Removed my gas connection and electrified everything, heating, cooling, cooking, hot water, car. To be fair, there was still a lot of upfront costs, but I’m going into retirement with no recurring energy bill.