Monday was all about oil following the surprise decision by the Organization of Petroleum Exporting Countries and its allies to slash output. The move—which contradicts earlier signals from Saudi Arabia—brought concerns about the inflationary impact of oil back to the fore. The White House described the OPEC+ decision as ill-advised given current market conditions while seeking to reassure consumers it will work with producers to manage prices. Over the past year, the Biden administration has accused Big Oil companies of price gouging and “war-profiteering” given high prices that stuck around long after Vladimir Putin invaded Ukraine. Today, the average cost of a gallon of gas in the US is about $3.50. Any price jump would come just ahead of the busy summer driving season, when demand peaks. Still, while OPEC and company control much of the supply, the US and other economies remain a wildcard for demand, making it unclear how long any price spike will last. “Oil is up big today, but it’s a knee-jerk reaction,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “I’m not convinced that the cut will have much lasting power.” —Natasha Solo-Lyons
Didn’t the dems invent gas lines and odd and even days to fill up ?
Brings a whole new understanding to democrat rule in this country.
Thanks a lot boomers
Thanks to right wing extremists like you turning a once great nation into a shit hole 3rd world nation.
Your mom should have chosen wisely and had an abortion.
Your should have you like she did your brother and uncle lol
Interesting the topic should be of concern yet you spam it. No drivers license? No auto?
It’s why few people actually visit this site and those that do quickly move on. I’m surprised that @patriot condones your childish actions that reflects on the sites credibility.
Probably because you keep changing ppls head line topics, and copy and paste and add no summary. Now stfu you fraud lol
The price for not being able to keep your mouth shut.