GASOLINE Futures Prices up 100% since the FRAUDULENT ELECTION, 47% Year to Date
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When the temperature gets low fuel travels slower along the pipelines and the texas oil refineries slowed production significantly.
OK. No argument here. But the supply/demand equation still does not have prices rising. Supply goes down... sure. But the demand goes down at the same time.
The money supply has been dramatically expanded. More dollars less oil equals higer price, even if demand is flat. Mises.org provides fantastic info on how classical economics works. Or The Creature From Jekell Island
No it doesn’t. If it’s crude the lines are heated. Refined product has zero effect. Used to get 8000 barrels per hour in Phoenix from California pipeline. 2500 per hour from TX because of smaller pipeline and greater distance.