Biden says that freedom for Ukraine will mean we are going to see higher gas prices so we must suffer at the pump. Ignore the fact that I don't believe anything he says and think he has dementia. I do not understand the reasoning.
We currently get 13 percent of our oil from Russia. We have not stopped getting 13 percent of our oil from Russia. We mainly import our oil from Canada and Mexico, not Russia. The supply has remained the same, the demand has not gone up, so why are we seeing higher prices at the pump when we have not cut off Russian oil?
I do not have an issue with price gouging bc in the end I believe it is economically healthy. If that is what is going on, it is what it is. Is this a case of oil futures going up bc of the war and that is increasing the price at the pump?
We currently get 13 percent of our oil from Russia. We have not stopped getting 13 percent of our oil from Russia. We mainly import our oil from Canada and Mexico, not Russia. The supply has remained the same, the demand has not gone up, so why are we seeing higher prices at the pump when we have not cut off Russian oil?
I do not have an issue with price gouging bc in the end I believe it is economically healthy. If that is what is going on, it is what it is. Is this a case of oil futures going up bc of the war and that is increasing the price at the pump?
TAMU ‘98 Ole Miss ‘21