πΏπΆππΆ "not yet begun to fight"Seen in Seattle today. We're going to see $10/gallon before this is over. I guarantee it.
Also, a quick reminder before the replyguys come in. Yes, these are indirectly caused by the blockage of the Strait of Hormuz. No, that is not because of a lack of crude oil. While that used to be true decades ago in the 80s, since then, the US has become the largest *exporter* of crude oil in the world. For us, this is a pricing issue, not a supply issue. Buying more crude from other countries would not solve this. We have plenty of supply, and even a ton in reserve. It's just costing us more to buy it because the price of gas is almost directly tied to the global oil market.
Virginicus@Lana Some enterprising politician should point out that our prices are going up because the so-called American producers would rather sell to Europeans and Chinese than us.
Cat West@Virginicus @Lana there is no patriotism or loyalty in the resource extraction industry. They take OUR national resources, pay almost nothing for them, destroy the environment (never rehab any of it) and sell it back to us at a rate derived essentially from the Spot Market, which is higher than OPEC or any other global org.
National resources should belong to the citizens first, not the corporations. But alas, I whine, therefor I am.
DressToKILT@Catawu @Virginicus @Lana America's imperative is to extract wealth by any means necessary and concentrate it.