I lived through the fuel shortages of the 70s. There were lines at gas stations, and rationing by stations themselves in some cases. That's why it's obvious there is price gouging cause as there's no real shortage. And oil companies did.not suffer from the pandemic
Rising prices account for much of inflation. We can drive less but we still want trucks and trains and planes to transport goods to market. This article basically said "tough luck". Live with it. Hardly works for families living pay check to pay check. Just hope for a recession
I'd bet the only way to stabilize oil prices is some sort of socialization of oil production in the US since domestic production costs so much more than it does in other areas with oil reserves. The only way that is going to happen is if the Republicans do it. That's the irony of the energy market.
I lived through the fuel shortages of the 70s. There were lines at gas stations, and rationing by stations themselves in some cases. That's why it's obvious there is price gouging cause as there's no real shortage. And oil companies did.not suffer from the pandemic
Rising prices account for much of inflation. We can drive less but we still want trucks and trains and planes to transport goods to market. This article basically said "tough luck". Live with it. Hardly works for families living pay check to pay check. Just hope for a recession
I'd bet the only way to stabilize oil prices is some sort of socialization of oil production in the US since domestic production costs so much more than it does in other areas with oil reserves. The only way that is going to happen is if the Republicans do it. That's the irony of the energy market.