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It's All Politics
Accurate
submitted 1 year ago by AcceleratedWallops from i.redd.it
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[–]SoCo 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 1 year ago (4 children)
Expensive empty gestures are not solutions. Price gouging was not the problem with gas prices and funding problems were not the baby formula supply issue.
[–]AcceleratedWallops[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (2 children)
Price gouging was not the problem with gas prices
Care to elaborate? Oil prices went down, pump prices went up, oil corporate-cartel profits went up. Smells awfully gougy.
[–]SoCo 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (1 child)
Oil prices are not down. They have been increasing steadily all year, with a massive spike around March and into April, but that calmed down, back to the steady increase. If you look at that "calming down", it might look like the price dropped.
We started massively exporting oil and gas starting February. While our oil production climbed a little and our gas production stayed pretty even, both our oil and gas supply is still plummeting. Demand has slightly increased as summer started, too.
So oil prices still climbing, supply dwindling, and demand steady or slightly climbing. This is a recipe for really high prices.
In addition to that, their has been regional gas supply shortages increasing since about the same time, in the East Coast, Midwest, and just recently a large dip in the Gulf Coast region.
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[–]SoCo 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (4 children)
[–]AcceleratedWallops[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (2 children)
[–]SoCo 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (1 child)