Was just driving home after an evening out

[MN2theMax]

From the time I left home until now, the price of gasoline jumped 60 cents a gallon.
WTH is it this time? OPEC slowing production? Pushback to Biden cancelling drilling leases in Alaska?
Glad I filled up a couple days ago. Geez!

[elleng]

1. Price here went DOWN a few cents, this past week.

[Maeve]

2. Putin & MBS are cutting poduction

Per barrel oil prices jumped yesterday

[dem4decades]

3. Maybe it's the Saudis trying to get Jarod back in the White House?

[magicarpet]

4. Russia and the Saudis are cutting production to create a shortage and drive the price per gallon up.

Wait as the election nears come November 2024 gasoline and heating oil will approach $7/gallon.

Biden's economy takes a dive and inflation skyrockets. TrDump gets his second term. Thanks to Putie and MBS.

That is their game plan.

[MN2theMax]

6. Sucks to be their hostage

That a few evil people can manipulate the lives of millions of people is very sucky. Evil bastards!
Won’t make me vote for a traitor no matter what.

[Rebl2]

7. Do we get oil

from Russia. Didn’t think we did any longer. I know we had to reduce oil production in the gulf when the temperatures were so high.

[magicarpet]

12. Even if we get zero oil from Russia.

If Russia cuts daily production of oil pumped from the ground the total world supply of available oil for sale drops. Consequently the price of oil on the total world market increases.

If a limit is placed on the available supply,.. prices will then correspondently increase. The economic principle of Supply and Demand.

[Rebl2]

5. I know

Saudis said they were going to continue reduced production until end of year and would not be surprised if it was pushback for cancellation of drilling leases. Surprised it jumped that much though.

[MN2theMax]

9. That was the shocking thing

Not just a small jump, like 15 cents or 25 cents.

[Rebl2]

10. Yea

I notice over the years it would go up five or ten cents, but then when it would come down it would come down a penny or two. So maddening.

[KentuckyWoman]

8. I live in Ohio

Gas can change price 4x in an afternoon.

[Silent Type]

11. Might be a temporary regional thing. But Saudis are extending cut back in production.

[2naSalit]

13. Ours went up on Tuesday.

I noticed it because I was doing a lot of driving then.

[Recycle_Guru]

14. national average been trending down for some time per AAA avgs

https://gasprices.aaa.com/