SVonhof
Interesting article. Reasons given. Russia's invasion of Ukraine. Less oil and gasoline from other sources. Strong demand for gasoline. If you don't buy those reasons then price gouging is the only one left.
https://amp.cnn.com/cnn/2022/03/09/energy/record-gas-price-causes/index.html
"But there will be periods, most likely this summer, where there will be more demand for gas than during comparable periods before the pandemic, Kloza predicts.
Tight supplies and strong demand were likely to push prices above $4 even without the current disruption caused by the war.
Even before Ukraine, I was expecting to break the record," Kloza said. "Now it's a question of how much we break the record by."
