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Gas prices cratered because of the lack of demand caused by the Trump Covid recession. Gas prices recovering is a sign of health
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16 upvotes
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Made by
Slobama
4 years ago
in
politicsTOO
empty stonks
economy
economics
gas
prices
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8 Comments
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Slobama
M
3 ups
, 4y,
1 reply
Very short article explaining why
https://www.google.com/amp/s/www.news10.com/news/national/why-are-we-seeing-an-increase-in-gas-prices/amp/
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BedfordGuy
4 ups
, 4y,
1 reply
As liquids go, $3 shouldn't be the end of the world. A lot of folks I know wish beer was $3 a gallon. 😀
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TwoWayMirror
2 ups
, 4y,
1 reply
Considering the environmental effects of fossil fuels, gas should be $15 a gallon.
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BedfordGuy
2 ups
, 4y,
1 reply
Good point. A higher gas price might get folks thinking about alternatives.
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Astrovius
2 ups
, 4y
Some people are so stupid they’d rather let it be someone else’s problem tomorrow than deal with it today.
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SoyChad
3 ups
, 4y
it's not a sign of economic health, it's because OPEC cut production and isn't increasing it back very quickly
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[deleted]
2 ups
, 4y
why are they crying? electricity is 50 cents a gallon :)
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EGOS
1 up
, 4y
To be fair it's also a sign of temporary shutdown of Texas refineries during the storms which caused the electrical failures. That said the ripple from that disturbance won't last for Months on end.
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When the economy recovers:; Gas prices