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Gas prices are from day 1 decisions of the current president. The real fun will be when strategic reserve runs out.

https://www.washingtonpost.com/business/energy/the-us-is-dep...



> Gas prices are from day 1 decisions of the current president. The real fun will be when strategic reserve runs out.

That simply isn't true at all. The only thing of consequence that Biden did was prevent Albertan oil from more easily being exported to Latin America and Europe by cancelling the keystone pipeline expansion. At the same time, oil producing states were complaining that oil prices were so low that it didn't make sense to invest in production. Now that demand has picked up and Russian oil is off the table, prices are going up worldwide, not just in the USA. The USA's production hasn't changed much since the Trump administration, which hardly changed much since the Obama administration (which has been going down because oil-shale extraction costs couldn't be covered by the price of oil for much of the time).

Democrats are blamed when oil is too cheap (because red states depend on oil production jobs), they are also blamed when the price of oil is too high. I'm just going to buy an EV and ignore the whole issue, it isn't worth my time to worry about the price of gas when we don't really have to anymore.


> I'm just going to buy an EV and ignore the whole issue

But you can't get away from it because everything that you use that gets transported by someone is getting more expensive.


Yep. But it is about time we revamped that infrastructure as well. There are huge opportunities in the next couple of decades with respect to transportation (toward electric from trucks and let's get those overhead wires in for our rails already) and labor (automation, productivity increases are our best way out of inflation).

However, the expected but worst thing that could happen now is oil crashes down because of a recession (demand playing most of the role in oil's price) and labor becomes cheap again.




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