 |
| Pumping freedom. |
Valero and Sunoco gas stations are ending their licensing at several gas stations in the Mid-Atlantic states. What comes in its place is Freedom Fuel Network.
What the fuck is this?
Another MAGA based entity that President Donald J. Trump is pushing on his gullible supporters.
Job approval at 29%.
The White House announced that the first "Freedom Fuel" gas station has opened and was offering gas for $3.47.
The initiative was announced Tuesday, along with a minute-long video of customers buying gas from the Freedom Fuel Network and thanking Trump. The gas station is located in the Philadelphia area and is the first of 25 gas stations announced.
FREEDOM FUEL HAS ARRIVED. ⛽️🇺🇸
— The White House (@WhiteHouse) July 7, 2026
The FIRST Freedom Fuel Network gas station has LANDED in Philadelphia, lowering the price at the pump to $3.47 for our 47th President.
President Trump is leading the charge to lower gas prices this summer - putting more money in your pocket. 🔥 pic.twitter.com/lcrCuioQv5
The gas station shown in the video was decorated with American flags and says "Freedom Fuel Network" on the top.
The Trump-promoted gas stations arrive as the president announced the ceasefire agreement with Iran was "over," launching new strikes on Wednesday.
The ceasefire began on June 17, but oil markets had been reacting to expectations that it would happen weeks before the announcement. According to AAA, the average cost of a gallon of gas in the U.S. on Wednesday was $3.796, down more than a dollar from its high a few months ago.
Where are Freedom Fuel gas stations located?
There are 25 locations, according to the Freedom Fuel Network webpage. It's unclear whether all 25 stations are open.
The gas stations are listed in Pennsylvania and New Jersey.
Why is gas so expensive?
Gas prices have surged worldwide since the U.S. and Israel first attacked Iran on Feb. 28. Conflict in the region and a subsequent war have led to instability in the region, which is a crucial part of the global oil market.
A dueling U.S. and Iranian blockade in the Strait of Hormuz, through which roughly 20% of oil flows, has been one of the biggest disruptors of global oil markets.
After climbing significantly in the opening days of the war, the average price for a gallon of gas dropped below $4 on June 18 and has been in the $3 range since. However, Wednesday's announcement that the ceasefire with Iran is "over" will likely increase gas prices again.
The cost of a barrel of oil, the driving force behind gas prices, jumped in the wake of Trump's early morning announcement. Oil prices surged nearly 6% after Trump said that the interim agreement with Iran is over, though he will allow talks to continue.
The restarting of the conflict and its impact on gas prices likely won't be felt immediately. Refineries typically pay for crude oil a month or more in advance, so even after oil prices drop or increase, they won’t immediately be processing products at the new rate. It could take weeks or months for oil to start flowing through the Strait of Hormuz again. And even when it does, it will still take significant time for oil to flow again at the level it was moving before the war.
No comments:
Post a Comment