Understanding Energy Pricing
It is very easy to understand gasoline pricing — you drive up to the pump, study the price of different grades of gasoline, insert your card, and pump your gas.
[The price of gas taken together with the price of groceries makes one as intimately knowledgeable of the state of inflation in America as a Nobel Laureate economist.]
Today, when you fill up it costs about twice what it did when Joe Biden was elected President.
But, what really controls the price of gasoline? Is it crude oil prices? Continue reading