Well, it’s just business. The Markets are working.
Americans can sell crude at a higher price to Europeans than they can get for the same crude in America. The higher price is still below that of the Russian or OPEC crude.
This slight imbalance tightens supply somewhat within America and the refined products price increases some.
The goal is to make a profit, not to have cheap gas
It’s both, actually.
Got to get the price of crude down to lower the price of gas. Time to start controlling the petro market, and provide baseline price stability for all categories.
They may not include price of gas or food in the inflation calc, but the price of gas is there just the same.