Quote:
Originally Posted by berryberry
Obviously Senile Biden has continued his blatant misuse of the SPR which, along with the demand destruction he has caused has helped keep those prices from rising to date. But give it time, he can't manipulate the SPR forever (although thanks to his record high inflation making it hard for people to afford gas, the demand destruction may stick around a while)
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Quote:
Originally Posted by berryberry
The recent crude price slump may not be indicative for what is to come in oil markets according to several investment bank analysts.
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Ho hum - About one month later:
AAA: gasoline prices continue to climb throughout the U.S.
Gasoline prices are up 11.8 cents over a week ago.
Gasoline prices are rising along with the rise in WTI crude oil prices, which are up $3 per barrel from a week ago.
Gasoline prices continue to climb for the fourth straight week, rising 32.7 cents over the last month as crude oil prices rise, data from AAA showed on Monday.