Gas used to be $.50/gal, then there was a crisis and it went to $1.75 and everybody screamed, so it went back down to $.75/gal and everybody was happy.
Then there was a crisis and gas went from $.75 to $2 and everybody screamed until it went back down to $1.25.
Then there was a crisis...............
My thoughts exactly.... And, after each of these crises there was more gas to be sold at higher prices!
Too many people haven't a clue about economics, finance, futures trading... These same people blame the big eeeeevil petroleum companies. Petro companies buy crude on the spot market to backfill crude shortages from their wells. Further, with this weather, tankers can't get to refineries. Further, refineries are/will be out of commission. At least this is what my wife has ex been explaining to me for the last 30+ years in the petroleum supply/chain logistics for Texaco Oil.