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In Tri-Cities, WA prices have increased 15 cents a gallon in just a week. What I don't understand is why. Nobody has a good answer for this. In fact, gas prices usually decrease this time of year. What is really going on here? I don't see any supply and demand argument here in mid-October 2018.
In Tri-Cities, WA prices have increased 15 cents a gallon in just a week. What I don't understand is why. Nobody has a good answer for this. In fact, gas prices usually decrease this time of year. What is really going on here? I don't see any supply and demand argument here in mid-October 2018.
It's a case of dare and double dog dare between the US and Saudi Arabia. We're whining about prices going up but apparently the Saudis aren't happy with the "lack of demand" versus production levels called for. The Saudis kind of control the situation in a time where we haven't started a war or joined an existing conflict, which is the typical US strategy to keep oil prices down and supply up.
I think it’s just under $4 here in LA, but not sure because I don’t drive often and haven’t filled up in weeks.
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