Quote:
Originally Posted by bobbyw8469
Imagine a game of deal or no deal. You have little money cases. You have big money cases. Let's say Russia and USA are in the top 5 as far as case values...would you agree?? The current administration bragged about doing away with fossil fuels. They have been hamstrung on every opportunity and fitted with cement shoes....on day one, mind you. So our case is off the board. Now Russia's case is off the board due to their war with Ukraine. That is TWO big money cases no longer participating due to being "off the board".........I am trying to make this as an analogy that is easy to understand as to why we are experiencing worldwide inflation. Gas affects us more than you know.......I wish he had gone after cigarettes with the same gusto instead of fossil fuels.
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You seem to be under the impression that the US' production of gasoline has cratered. This is simply not the case, with the exception of the first few months of the pandemic when demand sharply reduced.
https://www.eia.gov/dnav/pet/hist/Le...s=MGFUPUS2&f=M