More Proof That I Am Right About The Price Of Oil/Gasoline [View all]
I saw the headline on my home page, "The Price of crude drops on possible Ukraine/Russia peace deal."
The 11th possible peace deal made the price of oil drop but Ukraine's blowing up oil depots, rigs, pipelines, tankers, refineries didn't make the price of oil go up?
Krasnov's embargo on Venezuelan oil tankers didn't make the price of oil go up?
Here in central Pa., in the boondocks, gasoline has remained around $3 a gallon.
Krasnov has gone overboard taking care of the fossil fuel industry. He has stripped money away from renewable energy, stripped money away from electric/hybrid vehicles, has taken money away from wind turbine projects.
Krasnov has given money to coal plants to keep them afloat, has opened up oil drilling off the coasts of Alaska and Florida, has allowed them to drill on government land.
So many more examples I can give, so why wouldn't the fossil fuel industry reciprocate by keeping gasoline prices down. Imagine what inflation would look like with high gasoline/diesel prices.
IMO the price of gasoline in the US has nothing to do with economics, nothing to do with supply and demand, has nothing to do with OPEC, it has everything to do with Quid pro Quo.