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I'm not sure but especially living in Arizona, where gas is traditionally cheaper, I am FURIOUS about it. What do we have on Californians now??
Pro
Biden has instituted policies designed to make it harder to drill in the US, the Saudis have reduced their output, and limitations have been placed on Russian oil. Supply and demand.
2nd highest in the nation https://www.azcentral.com/story/news/local/arizona/2023/04/14/arizona-gas-prices-soar-to-second-most-expensive-in-the-nation/70115254007/
Hate when this happens, I always remain reluctant to drive when gas prices hike. Arizona and Phoenix are about the least walkable place in the world though so it makes it pretty hard.
Gas prices are wildin' out right now. I filled up my tank last week and almost had a heart attack.
Over recent years, I learned that everything in the economy is intertwined. A specific stock could be going down or there maybe some delays in transportation. Whatever it is I hope they fix it asap
Will they say its inflation again or maybe this time the threat of BRICS? I really hope its neither and goes back down soon :/
I think it is because of several reasons - Biden shut down our domestic pipeline that was in place while Trump was in office and remember gas was around $2 at that time. I have lived in the Phoenix area over 20 years & NEVER paid for gas over $3. The high gas prices I think are also to try to discourage people from gas powered cars & to push us to electric. I do not like this approach because America is about choice and so if people still want their classic sports cars they should be able to drive them. Hybrid I think is a more practical solution. In the Scottsdale AZ area I see both electric and traditional sports cars. I do not see Americans EVER agreeing on only electric vehicles. Maybe for public transportation but individually people will do what they want.