Originally Posted by
chop2chip
Well for starters... for the least of us - Iraq, Brazil, Venezuela, etc. When oil prices are low people in these countries starve. But of course, you have to pay $4 a more at the pump, so all of a sudden your goodwill sense of self goes out the window.
my sense of goodwill ?
Let’s also not forget that there are entire states in the US whose economy is entirely driven by the price of oil. But since those jobs don’t belong to people that vote blue, who cares.
Are oil workers in Louisiana getting a pro rated wage increase attached to the rise in gas prices, they pay at the pump ?
But mostly, oil prices typically rise as a response to increased demand unless there’s a shock in the supply line. That demand comes from people buying more goods.
when hasn't the demand for gasoline not been high?
If you want low gas prices I guess we could go back to the Recession when prices were less than $2 a gallon.
How does one go back to a recession ?