Thread: $5 & $7
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Old 06-07-2022, 07:54 PM   #43
wdmso
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Join Date: Jun 2012
Location: Somerset MA
Posts: 9,125
Quote:
Originally Posted by Jim in CT View Post
why haven’t prices always been this high? have fun answering that.
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I know it’s Not because there’s a shortage of oil or gasoline. In the states . I know it’s not due to a shortage of gas and oil leases I also know demand has increased since the vaccine went on line . But it hasn’t increased more than pre covid ..

And I know in April 2020, benchmark West Texas Intermediate crude prices actually fell below $0

and I know No single person, aka POTUS or even government controls gas prices. And
Diesel is the biggest reason for overall inflation

And if I recall I said something to the effect that if Russia invaded oil will be at 150 a barrel and it’s heading that way
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