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To: Red Badger

Could some of it be related to economic recovery?

I paid $1.37 last March or so.


51 posted on 02/22/2021 12:03:05 PM PST by old-ager (anti-new-ager)
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To: old-ager

“Could some of it be related to economic recovery?”

Multiple factors add up to why energy prices are up.

Coming out of Covid (globally)
Biden’s restrictions on Fracking
The anticipation of enormous deficit spending reducing the dollar (oil is priced in dollars)
Liberals desire to force us away from gasoline vehicles and into electric vehicles.
The TX freeze severely cut back on production, which is 2-4% of global output


61 posted on 02/22/2021 12:37:39 PM PST by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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