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Old 05-01-2018, 03:32 AM   #96 (permalink)
acparker
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I don't know if this has been suggested already, but, in my opinion, this recent increase in fuel prices is driven by politics -- an effort by nevertrumpers to scuttle gains from Trump's economic policies. I anticipate gas prices surging to around $7/gallon before the end of Summer, and staying there, or rising higher, until at least the elections in November.

A hurricane or two would do the trick for sure, and the National Hurricane Center is projecting a very active season. It worked with Katrina. We were told the spike in gas prices was to last only a couple of months, but they held and then increased, setting up for the disastrous '06 midterms and destroying Dubbya's final term.

No politician, thus far, has had the gumption (or sufficient incentive) to call the oil companies on their economy-destroying, oligopoly pricing. Perhaps they underestimate Trump? Perhaps I overestimate him? Time will tell.
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