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Political Discussion
Reply to "$7/gallon gas is coming"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter]https://twitter.com/mattyglesias/status/1537018431282855936[/twitter][/quote] How about we put the refineries and diesel/gas distribution under the Defense Production Act and put limits on profits and markups. You'd see the price drop right back down in line with crude index.[/quote] No, you wouldn’t. You’d see the price of crude go up to match current gas prices. There are only two ways out of this. More supply. Less consumption. [/quote] US Domestic crude production is at historic highs. Price at the pump is way out of kilter from crude prices. That's straight up gouging. It needs to be gotten under control. [/quote]
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