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Originally Posted by Relentlesskaizen
Hard to believe people want to pass opinion for fact regardless of political affiliation. Thanks you for the link! I don’t think any of us like the price of gas increases occurring, regardless of what is driven. We have been fortunate enough to have had and still have subsidized pricing on fuel in the US.
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The current administration has done a lot to curtail oil production in the US. Reduce domestic production and foreign oil producers are happy to maximize pricing since more oil needs to be imported. This also raises prices of other commodities like milk and eggs.
The fed reserve is also flooding the market with dollars. Too many dollars chasing transactions is driving up prices along with the domestic oil situation.
