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That would generally fit with the broader trend, but you have to remember that oil and gas prices skyrocketed after Russia invaded Ukraine and stayed high with the turmoil in the Middle East.
Biden emptied the Strategic Petroleum Reserves, in order to bring down oil prices heading into his reelection campaign. I think that's the main reason for the seemingly odd price movement there.
The price for gasoline hasnt really moved much.
I thought it would go down a bit more, but it remains around the same.
How much left is in the reserve?
I had heard that it was basically drained. He's supposed to refill it, but I don't see that happening until after the election.
As far as gas prices at the pump, it seems like they go up a lot faster than they come back down, but that's just my experience.
Yeah, I pay about 4$ for premium gas now.
Total waste of money, I think.
Have you tried dollar-cost averaging your gas?
It saves a little money, over the long-term.
No, I should probably just use the cheap gas instead.
But I dont use that much gas to begin with, so its not the end of the world.
I drive an older car, the ethanol gas sucks.
You can hear and feel the difference.
Ethanol is an abomination
Its total horse shit.
Instead of making us use ethanol, design engines so they run a bit cleaner.
I would have thought gas and fuel would be up.