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Explain to me why gas prices are so suspciously high right now?
Isaac Collins
Nathan Gomez
...
Blake Sullivan
They can't push green energy so long as fossil fuels are cheap.
Jace Watson
Jews
Andrew Wilson
Biden is making so much fucking bank on ukraine is disgusting
Jackson Thomas
COVID lock downs kicked off the economic decline, sloppy Joe came in and poured gasoline on the fire with his executive orders attacking fossil fuels and Vladimir Putin came in and pissed on the ashes when he quit exporting oil to the west.
Lincoln Brown
Because you drive a car.
No car, lower gas prices.
"Buuuuuut I need a car to get to work."
Kill your boss for making your commute so far away.
Austin Mitchell
nice one reddit
Levi Perry
trump, putin, and white supremacy
Nathan Morgan
Central banksters need to crash and destroy the USA so their globalist plans can be realized, and the euthanizing can begin.
Ian Flores
The biden admin intentionally pushing it up.
Adam Lopez
President Joseph Robinette Biden Junior
Josiah Miller
Because walkable cities are safe and effective!
Brody Mitchell
Samuel Flores
Oil companies lost a fortune during the lockdowns, so they scaled back operations. Now that things have opened back up they need to scale up operations, but this takes time. That’s the main reason.
Xavier Butler
TOO MUCH MONEY! CHASING TOO FEW GOODS AND SERVICES!
Gavin Stewart
Ryder Taylor
buy electric chuds
Cooper Cook
A combination of inflation and supply disruption from lock downs and Russia sanctions.
During the Covid lockdowns, demand for oil greatly decreased and at one point oil costs per barrel went negative. To adjust for decreased demand, oil suppliers greatly reduced production. Increasing and decreasing production takes time and production is still trying to recover. Sanctions on Russia are also disrupting supply as Russia is a major oil producer.
The other major factor is inflation. The world uses a petrodollar system where the United States acts as a personal military for Saudia Arabia and other Middle Eastern countries in exchange for oil being traded in US dollars which allows the US currency to be the world's reserve currency. Since oil is traded in dollars and the value of the dollar is strongly tied to oil, the means that inflation of US dollars has a particularly strong effect on the price of oil
Bentley Cruz
>infinite money glitch
Jayden Baker
>Oil companies are greedy
>Inflation
>Green energy shilling
>Biden cucking our energy sector
Alexander Morgan
Prices were going up way before Russia invaded Ukraine. Biden halted all oil exports out of Russia. He's reduced oil exploration in the US. He cancelled the XL pipeline. The biggest is that drillers are unable to find financing, because lenders are leery about lending to an industry that might have its playing field altered by federal fiat at any time.
tl;dr your dotard president is the reason
Jaxon Ramirez
Biden’s admin has slammed the door on oil and gas expansion. Bidens first actual act as president was to shut down an oil pipeline. Then they slammed shut the permitting process for drilling.
Now that prices are high Biden admin are begging Iran and Venezuela to pump more. They don’t want America pumping more oil. Biden is taking policy ideas from far left greens and it’s a disaster
Brody Reyes
The dollar is dead.