Yesterday, I fueled up my hybrid for the month and the $50 price tag ($4.359/gal) surprised me. This is an election year, though, so gas prices will increase accordingly.
Last night’s news reported the increase is due to maintenance on a West Coast refinery. That may be part of the reason but it is disingenuous to leave out a few pertinent facts.
Late last year Russia and Saudi Arabia cooperatively decided to reduce oil production knowing that will increase the price of crude followed by U.S. gas prices. Both countries want very much to see Donald Trump back in the White House and they know that higher gas prices along with ratcheting up the “Biden did it” hyperbole on right-wing media, is a predictable ploy. It’s one tried and true way to interfere with our elections.
As the election nears, don’t be surprised if the largest refinery in the U.S. has to be closed for “maintenance,” thus increasing prices again. It is, after all, wholly owned by Saudi Arabia.