Well it’s called problem solving and that’s what we have our elected officials to do for us. That’s how I’ve been taught is to try to figure out solutions to situations or problems that come up in life or at work.

Or be one of those people that throw up your hands and say that’s the way it is nothing you can do about it.

Which type of person are you?

Next time just say you’re afraid to answer. That way, you don’t have to give a non answer.

$3.79 @ Costco in independence, Mo.

I remember the greenies saying that we shouldn't prospect for oil in Anwar Alaska, because "That won't be online for 10 years anyway", as a viable argument to not prospect Anwar.

Well, that's the whole industry. Suppose you are in charge of "capex" capital expenditures at a major oil company, and you have mega trend e vehicles threatening the viability of your investment 10 years out. Perhaps you divert the cap ex to dividends for your shareholders??? Then enter the Joe Biden fiscal policy of dishing trillions into any stream available. M2 money supply grew by about 50% over its bases in 2021. This competes for every tangible good and service that exists in the economy, including crude oil, and refined products like gasoline, computer chips, baby formula etc.
Gasoline has a 2nd derivative factor of being a primary cost component in every good and service produced and transported in this country,

Duh Joe, doing everything you can to stem inflation, like what? Trying to get ANOTHER build back better passed?

It took Venezueala 10 years for the socialists to F their economy up so bad that they were looking for stray animals to eat.

Totally man made all of this.

The solution to high gas prices are "high gas prices". If they get high enough, it will encourage more supply, and discourage demand, thus bringing gas prices in line with the market equilibrium.

The absolute worst thing that can happen at this point, is for the government to institute price caps, or other controls. This would lead to gas shortages, odd even rationing, long gas lines etc. Think it can't happen. https://www.aier.org/article/energy-...trols-turn-50/

Well if central banks keep jacking up interest rates, the US and much of the world will have a recession in 12~18 months and that will depress demand and should bring prices back down.

What in the **** are you talking about LMAO

Yes, we understand it's well over your head...

$4.52 national average.

According to new data from the Energy Information Administration (EIA), gas demand dropped from 9.41 million b/d to 8.06 million b/d last week, while total domestic gas stocks increased by 5.8 million bbl. The decrease in demand and declining oil prices have helped push pump prices down. As these supply/demand dynamics hold, drivers will likely continue to see price relief at the pump.

Gasoline now $4.35/gallon, down ~$0.65 in just over a month.

Crude still in around $95/barrel.

I.....guess.

Thank goodness Putin is letting us have it cheaper

Nothing to do with it. High prices are impacting demand:

WASHINGTON, D.C. — Lackluster demand for gas and lower oil prices led to pump prices falling again, down 17 cents since last week to $4.35. The steady decline is due to low domestic demand for gasoline and oil prices that remain in the mid-$90s per barrel. The price of gas has now fallen every day since hitting a record $5.01 on June 14.

“Consumers appear to be taking the pressure off their wallets by fueling up less,” said Andrew Gross, AAA spokesperson. “And there’s reason to be cautiously optimistic that pump prices will continue to fall, particularly if the global price for oil does not spike. But the overall situation remains very volatile.”

According to new data from the Energy Information Administration (EIA), gas demand rose from 8.06 million b/d to 8.52 million b/d last week. However, that rate is 800,000 b/d lower than last year and is in line with demand during the middle of July 2020, when COVID-19 restrictions curbed demand. Additionally, total domestic gasoline stocks increased by 3.5 million bbl to 228.4 million bbl, signaling that low demand led to growth in inventory last week. If gas demand remains low as stocks increase, alongside a continuing reduction in crude prices, drivers will likely continue to see pump prices decline

I should have figured that would go directly over your headLMAO