The oil industry has typically used any excuse to jack up gas prices at the pump.
Today there is a tanker grounded crossways in the Suez Canal. It'll only slow shipping down by 2 days, but there are 100 ships backed up, waiting to traverse the canal. 30 of them, waiting on the South end, are vulnerable to attack. Wait and see I guess.
It's not the Oil Companies raising prices at the pumps, the gas isn't going up, it's the tax on all oil based products that's raising the cost, someone has to pay for the totally ridiculous spending that the Biden & Company administration is doing, and only a fraction of that spending is actually going for pandemic relief, most of it is either going overseas or being used to subsidize the socialist Great New Green Agenda.
You think your neighbor got his roof covered in solar panels for free, think again, they aren't free, you're paying for them, last week at a Biden/Harris round table the question of raising more revenue through higher taxes was discussed, the fuel tax came up and Biden questioned how raising the taxes on gas and heating fuels now might backfire on them, being so close to shutting down the pipeline.
One of Biden's advisors told him not to worry, " the people" are too stupid to know, they don't even know what the tax on gas is right now, when the price goes up at the pump they'll just blame the increase on the oil companies.
And this isn't the end, soon we'll be paying added taxes on our energy bill, on food, all the sin taxes, for most household goods, and a higher death tax with which to rob your children, and then there's the new Infrastructure appropriation, do you really believe that we are going to get our roads and bridges rebuilt, or that the country's electric grid is getting upgraded and made more secure, guess again, 0.2% of that money is actually going to repairs to our infrastructure, the rest is going to fund the Socialist/Marxist agenda of the new rabid left.
Yup, gas is up about a buck a gallon here since Biden and Company took over, and my home heating supply company rep told us to get ready for a huge increase in our home heating fuel bill come the end of Sept. of 2021.
Gas price increase in this case has nothing to do with supply and demand, nothing to do with impaired transportation, it's got everything to do with bleeding Americans of everything they've worked for their whole lives and forcing them to their knees and make them dependent on their new masters, welcome to the new Great Reset my friends.
