What is really driving up gasoline costs? War? Increasing or decreasing demands? Greed? Shortages? Surpluses? Surely there are real factors that can be verified by facts. Here is what one report reads:
As Biden ponders more regulations on energy producers, gas prices reach new heights - Washington Examiner
Gas prices nationwide have skyrocketed even as the Biden administration considers new energy regulations, raising questions about the energy markets and the federal government’s role in protecting consumer costs.In Manhattan, gas prices have hit nearly $5 per gallon, while more than 40 states...
www.washingtonexaminer.com
“High gas prices are the direct result of supply and demand,” said Daniel Turner, executive director of the energy workers advocacy group, Power the Future. “The Biden administration made the supply the direct target of their assaults from the very first moments after his inauguration when he targeted the Keystone Pipeline. Since then, multiple regulations on fracking and land use, a weaponized EPA and Department of Interior, have all punished the production of fossil fuels. As a result, oil, gas, and coal, have all doubled in price.”
