Why Are Gas Prices So High?
June 27, 2022 5:45PM CDT
So the pain at the pump is real enough, but why is it happening? Is it Biden’s fault? Is it Putin’s fault? Or are the oil companies simply gauging us? They certainly are making record profits. It turns out that one of the factors in the high gas prices is a shortage of refinery’s. Some closed by natural disasters, some closed by internal catastrophes and some closed simply because of the lack of demand during the pandemic. They were simply losing too much money! The article below explains how and why all this is happening.
How A Massive Refinery Shortage Is Contributing To High Gas Prices