“When losses happen, somebody’s got to pay for it.”
Called Freedom Fuel Network, the enterprise encompasses dozens of gas stations throughout Pennsylvania and New Jersey, USA Today reported, although it isn’t exactly clear which locations are open for business. Plastered in American flag decals and “Freedom Fuel” branding, the gas stations seem to be selling unleaded gasoline for the fixed-price of $3.47 per gallon, about 32 cents cheaper than the current average price in the US.
According to GasBuddy, nearby prices range from $3.85 to as much as $4.49 — no doubt reflecting the slower drip of oil from the president’s costly war on Iran, which burst back into active fighting this week.
As head of petroleum analysis at GasBuddy Patrick De Haan told the Philadelphia Inquirer, the current price of crude oil means there’s no way Freedom Fuel’s $3.47 price point can turn a profit.
“Stations selling at this price, it’s not sustainable,” De Haan explained. “Generally, when losses happen, somebody’s got to pay for it.”
De Haan raises an obvious question: who is paying for it? If the stations are losing money on every gallon, somebody has to make up the difference somewhere — whether out of Trump’s pocket, that of a friendly donor, or the taxpayer’s. And if it’s a private company taking the hit, how long until they stop subsidizing Pennsylvania drivers?
Already, the stunt seems to be distorting local markets. As of Wednesday, a nearby Sam’s Club in Dresher dropped its price to match the $3.47 figure — surely good news for anybody buying gas in South Eastern Pennsylvania, but as always, the devil is in the details.
I need someone more insightful than me to explain how Trump and team could see this is a good idea for them. Obviously they're doing it to line their own pockets, yada yada, but there are 925 days left for Trump in office and this will collapse long before then.
I must not be smart enough (Dumb enough? Jaded enough? Flat out evil enough?) to put myself in their sweaty, ass-smelling shoes to understand why.
Edit: Duh. I think ToastedCoconuts and Hegar nailed it. Mid-terms.
4.?????
They just need to keep gas prices low through the mid terms, in specific states that matter to them, then they can steal back what little came out of their pockets later. I presume.
This is 100% funded by some donor, PAC, or taxpayers. There is no fucking way that this First Family is putting thier own money in an intentionally non-profitable venture.
Or it’s funded by loans that will never be paid back.
Pennsylvania is a swing state, right? And New Jersey inched closer to purple last election I think. Seems like this is timed for mid-terms
Remember too that drumpf got a full tanker free from Venezuela …
It's also pretty likely that if this new entity struggles financially they can apply for a federal bailout since they are an essential business...
I can see few ways it's lining his pockets. Þese stations won't turn a profit. He could be scavenging þe national oil reserves, which would be "free gas", and perhaps þat's what he's doing, alþough I'd expect some screaming about þat from at least some people.
My þeory is þat he's trying to buy þe mid-terms. Timing is right, and it doesn't have to last past Nov, and if Dems do sweep in Nov, he can shut down þe stations before it all collapses and blame þe Left. If Dems don't sweep, he retains his hegemony and he can shut it down because he'll be safe to form a dictatorship in 2028.
Funny meme number, gas prices go down because capitalism.
I swear to you I think this is as much thought that went in to it. They needed a headline, and they got one. That's it. It could collapse next week it wouldn't matter.