But maybe you've heard there was a pandemic recently? The same reason food at the supermarket has shot up in price, is why gas has shot up in price.
Pandemic, labor, and supply chain issues are big factors. Oil prices have been rising for a while, with the biggest spike due to the Ukraine invasion. Just like hurricanes, whenever there is a global event of some sort, gas prices jump. Partly from panic, partly because of greed.
Absolutely. The oil cartels who set prices don't give a shit about some 20 year plan to get 0.5% of our oil from a pipeline.
They said about a year or so ago that they were slowing production to keep prices high. Because greed.
big cause of rising prices is supply chain problems, and worker shortages. The war in Ukraine certainly adds a lot on top, because it affects a significant worldwide supply, and it is immediate.
Another part of the pandemic influence is that they are trying to make up for lost profits.
And like it or not, true or not, the President is the guy who takes the hit for gas prices.
True, the president always gets the blame regardless of the cause. It's written in the job description.
That truth aside, the last couple of years have been anything but normal. The last month has been something that people hadn't worried would happen since the 1960's.
So while it sucks that gas is $4 a gallon and it's going to keep rising, we still have vagina scented candles, heat in our houses, we still have houses, and we don't have tanks in our front yards. If the nukes don't start flying, there's a 50/50 chance we might get to see normal again sometime.