Gas prices shooting up...
 

https://i.imgur.com/4tH5iyx.jpg

Woke Cancel Culture idiots, find someone with an education to 'splain this to you.

Pump prices follow crude prices. Here's one explanation.

https://www.fastcompany.com/90597911...more-right-now

Better economy, more demand?
+
Less supply?
=
Increase in price?

Could be a good thing?

Yes!

And you wonder why everybody says liberals are such morons.

Better economy? This fake pResident just signed bills that put almost 100,000 people OUT OF WORK.

Are you stupid?

Boys and girls, it is very simple:

Oil speculators are very nervous nellies. This has happened with frequency over the years, probably as far back as the early 80s. (Yeah, I know. Most of you liberals were born in 2000. Some of you were born last night, but try to follow this.)

ANY hint of an interruption in supply and they jack up the price of a barrel oil. Simple as that. Any hiccup in the Strait of Hormuz (Woke Idiots, that Strait of Hormuz is near Iran, as on oil country. Get someone with an education to explain it to you) and there is a fear of an interruption in supply.

Hurricane Katrina. (A lot of Woke idiots blamed President Bush for that hurricane, saying he didn't do anything to prevent the global warming that caused it. Yeah, I know. They just keep getting dumber and dumber)

Katrina destroyed a couple of oil rigs in the Gulf. INSTANTLY the price of crude shot up and the price of gasoline shot up at the pump. It could have been a disaster, but Bush (in one of his rare brilliant moments) unlocked the Strategic Oil Reserve and calmed down some markets.

So how did JIM CROW JOE cause fears of an interruption in supply? How about that massive job killing Executive Order shutting down the Keystone Pipeline? Gas prices began to climb SOLELY because of that.

Thing is, IDIOT JOE claimed it was all about saving the planet and getting us away from fossil fuels. And the WOKE morons here probably cheered, stupid as they could be.

Fact is, that oil is STILL being shipped. RACIST JOE just made sure that the shipping would COST MORE, hence the increase in prices.


Woke Libs, don't even try. This is WAY over your educational level, (and for some of you that means anything past the Third Grade when you dropped out.)

Because of hope consumers should pay more?

There real reason I suspect is reduced competition. Many companies disappeared after the recent collapsed in the price of oil.

Analysis December 22, 2020 - US shale oil just had its worst year and its pain could bleed into 2021.

https://reuters.com/article/us-usa-s...-idUSKBN28W17P

Supply and demand. Since March of last year, way fewer cars on the road and here in Silicon Valley, a large majority of tech employees work from home, most permanently. Lately more drivers are on the road and let's not forget that Tejas frugged up the supply side of the equation recently. Of course, the Repugs are blaming wind mills for their deep freeze.

The picture of failed, frozen windmills is powerful propaganda.

Only for ignorant, idiotic Trumpkins. :rolleyes: