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It seems many of our liberal/progressive friends instead of taking Economics, and Business have strayed towards Gender, and Minority Study, or perhaps Sociology, or Art History. The basic issues of Supply, and Demand, as well as future risk discounted by market speculators to today's prices seems to escape them.
Even I didn’t pay it any attention, until my Shell card bill came in the mail. Holy cow!! My monthly bill was 20% higher than last month and we drove about the same mileage as usual.
WTH? I thought all of this new “drill everywhere you can including in my driveway” type of hands off business friendly deregulation was gonna lower gas prices or at least keep it the same!
Didn’t think I’d see $3 buck gas this year. And don’t tell me about supply and demand because demand is no crazier now than it was last year. Save it.
So someone tell me what’s going on?
OPEC cut production so the price of a barrel of oil has gone up on the world market....no rocket science required.
Gas prices always go up as we enter the summer driving season. Formulas are changed due to weather in certain areas.
The biggest cost is usually state taxes. There is a revolt going on in California, not just against sanctuary cities but the latest high gas tax. People are finally fed up so expect to see more Republicans elected.
so much for keystone pipeline keeping the price of gas down. Had enough yet of the misinformation you were fed about that pipeline? Next up, aquifers contaminated!
It was a rhetorical question -- it wasn't necessary to demonstrate that you have no answer to the question but it's always fun to watch you do it anyway.
Oil is super cheap considering the energy it provides. Natural Gas, electricity, gasoline are the most reasonable necessities we have but here you are whining. I suppose you want it for free?
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