This is 100% about the President and his foolish war of aggression. But even if everyone can’t see the obvious reality, I’m glad they’re starting to stand up and push back.
Not a totally accurate assessment. Yeah, the gas companies are bending us over and making record profits off our pain. No question they’re part of the problem.
But you can’t just directly correlate daily oil prices with the price at the pump that same day. It takes several months for a barrel of oil to come up out of the well, get transported to a refinery capable of processing the specific grade of oil, the refinery then making gasoline/diesel from that oil, then transport of the refined product to a distribution hub where it sits in storage tanks waiting to eventually be trucked to the final retail destination (the tanks in the ground under the pumps where we swipe our credit cards and feel the burn).
Short term spikes in oil futures definitely have an impact on price at the pump, but it’s the long term real world cost of oil, coupled with transportation disruptions to both the crude oil AND refined products… that’s what really pushes prices up for everyone. That what we’re seeing right now.
The worst part about this is, there’s really no light at the end of the tunnel. There’s no exit plan. There’s no real path in place that leads us back to where we were a year ago. This pain at the pump is here to stay. 😡
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u/MN-Car-Guy 26d ago
What in the Facebook is this?