CBS news (yet again) gaslighting the public, saying that the increase in gas prices is due to the "switch" to the "summer blend" ------ NO, you lying nazis, if that was the case, people would be EXPECTING this every year and it wouldn't be a surprise. More mental gymnastics to protect Beijing Biden.
(media.patriots.win)
☭ Far-Left Media ☭
LMAO we don't switch to summer blend at the end of February you idiot, it's still winter for three more weeks
February is usually when refinery maintenance happens, and as they come back online, they also start producing summer blend gasoline. The rest switch over in March. The EPA doesn't require summer blend until May 1, but we have switched over early several years, including 2016 and 2018. In 2020, we switched late due to a glut over winter fuel still sitting around after the start of Covid-19 lockdowns.
The storms in Texas shut down 20% of our US refining capacity, which is huge - combined with the capacity already down for normal turnover, it caused a big spike in price.
As the refineries come back online, they're making summer blend early already, so we're not really going to see much relief from the existing pricing.
And there you have it.