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Message Subject
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Nationwide gas prices sky rocketing since Biden elected
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Poster Handle
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DevilDog1775 |
Post Content
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Take 4 million barrels per day of oil production off line in Texas and Oklahoma because of cold weather plus refinery shutdowns because of both cold weather and a lack of crude and what do you expect?
Sorry Biden had nothing to do with it. Supply /Demand was the cause, specifically a lack of supply of crude oil.
Not every price swing in the markets is caused by politics ... sometimes it is Adam Smith at work.
Quoting: Anonymous Coward 79096761 No, there are reserves at the refineries that flatten the supply spikes. This reaction is definitely political. Quoting: A Jackson Agreed. I’ve watched it go up here (HI) seemingly every couple of days. There is more to the story than TX capacity issues.
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