ANSWERS: 2
  • I think your article does a pretty good job of answering the question. In any situation where some set of things changed and we observed additional changes, it's easy to fall into the logical error of "Post hoc, ergo propoter hoc." (A happened after B, therefore B caused A) I don't doubt that Biden will do things that will ultimately affect gas prices (or already did some of them - for example, stopping the Keystone pipeline), but I don't think the bulk of the trend we have seen so far can be pinned on him (yet). The gas price increases we've seen since last summer were not Biden's fault, since the increase started months before Biden took office anyway. There are a lot of factors in play, as well. Many of them won't be so easy to trace back to Biden. If Iran and Saudi Arabia end up going to war, hypothetically, it'll be easy to say that they did so because they expected X, Y, or Z from Biden, but, in essence, those two would have been on the brink of war for decades, so whether Biden will have had anything to do with it or not will be a nuanced situation.
    • Linda Joy
      Decades? So they haven't been fighting since the death of Mohammed?
    • bostjan64
      Fighting, yes, warring, no.
  • The oil cartel controls the cost of oil and its distribution. Then federal and state taxes come into play. Gas stations actually do not make enough from the sale of the gasoline to pay for the cost of operation of the pumps. This is why they almost all are part of a corporation that also sells food, candy, and drinks, etc. this is where they make the money to stay open. back before the mid 1970s a station owner made about 11 cents per gallon sold and could make a good living as an owner/manager

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