Finally, Americans typically drive more starting around Memorial Day, adding to the demand for gasoline.Analysts say there are no quick fixes; it’s a matter of supply and demand, and supply can’t be ramped up overnight.
The U.S. could ask Saudi Arabia, Venezuela or Iran to help pick up the slack for the expected drop in Russian oil production, but each of those options carries its own moral and political calculations. At the end of March, Biden announced another tapping of the nation’s Strategic Petroleum Reserve to bring down gasoline prices. The average price per gallon has jumped 77 cents since then, which analysts say is partly because of a refining squeeze.Some refineries that produce gasoline, jet fuel, diesel and other petroleum products shut down during the first year of the pandemic, when demand collapsed.
Drill. We are not short on gas at all.
Lies lies lies yaaaaaa
Corporate greed...
One major problem, and it’s not Pitler
Nope. Just one factor.
Like a game of Chess...
Spin it all you want. This is on biden, and has been since the day he declared war on the oil industry.