Higher prices can correlate with economic strength. Also, OPEC is holding back supply.
Coal, natural gas and nuclear plants need water to make the steam that moves turbines, and as a cooling agent.
Gas stations are usually separate from the big oil conglomerates whose names they carry. Owners are often individuals with some control over what you pay at their pumps — but not much.
Gasoline prices are fueling workers’ resistance to go back to the office this summer.
The average cost hit more than $4 a gallon in March, the first time since 2008.
“It is ultimately about supply and demand,” one expert says. And COVID-19.
There isn’t a lot of inflation in the U.S. economy overall, but some commodities are spiking higher as the economy recovers.
For things like groceries and gasoline, prices are actually up.
It makes no difference for 70 percent of cars