Right now gas is $1.99 gallon on Baton
Rouge LA area.
Course it helps that we produce/refine
so much oil/gas.
Then again, the price of oil can
be precarious.
“Then again, the price of oil can be precarious.”
Yes and no. Now that we’re producing big-time, we have the option of price controls for the American market, if it came to that. But even that is unlikely to be needed, short of a big-time bad event happening (like the Saudis being taken out).
Being in Texas myself, I’m much more worried about the price of crude dropping too much, especially with Coronavirus possibly causing a deep recession everywhere.