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(CNN)   Today's CNNsplanation: Why gas prices are so high. Short answer: Putin. Long answer: Vladimir Vladimirovich Putin   (cnn.com) divider line
    More: Obvious, Petroleum, largest oil exporters, barrels of oil, crude oil, global markets, US oil companies, end of the Omicron surge, pandemic-related stay  
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240 clicks; posted to Business » on 09 Mar 2022 at 11:25 PM (15 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



8 Comments     (+0 »)
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2022-03-09 11:47:56 PM  
Lots of 27's in that article.
 
2022-03-10 1:10:43 AM  
"Greed."

That's it, that's the entire reason.
 
2022-03-10 6:15:51 AM  

Cafe Threads: "Greed."

That's it, that's the entire reason.


Marketing.  Folks who buy trucks for no good reason and SUVs that are more bus than cars are what drive fuel prices.  Gas prices will go back down when demand goes down (and up again when folks get sucked into the status of being a big consumer).
 
2022-03-10 6:49:30 AM  
Huh, never realized he was a Jr.
 
2022-03-10 8:11:10 AM  
Gas has been increasing long before the current Ukraine conflict.
 
2022-03-10 9:27:40 AM  

American-Irish eyes: Gas has been increasing long before the current Ukraine conflict.


Technically correct; in a "NY Times Fact Check" way.  It has increased from the price it was when we first started tracking it.  It's also increased from the last recession-based freefall, almost back to normal.  Adjusted for inflation, you're still paying less for gas than you were in the early 2010s.

Fark user imageView Full Size
 
2022-03-10 7:25:32 PM  
instapundit.comView Full Size

Applies to gasoline as to anything else.
 
2022-03-10 7:25:41 PM  
Just more proof that the media is in bed with the politicians.  Gas prices were rising before Putin sniffed the border and companies are gouging us right now.

When Biden was asked "Thank Putin". Literally only statement.  Very convenient.  These people don't give a shiat about you and will construe the narrative that will make them look good at your expense.
 
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