« previous next »
Pages: [1]   Go Down

Author Topic: From $1.89 to $4.31: What Really Happened at That Miami Gas Station  (Read 68 times)

0 Members and 3 Guests are viewing this topic.

Online Luis Gonzalez

  • Hero Member
  • *****
  • Posts: 4,027
  • Gender: Male
    • Boiling Frogs
From $1.89 to $4.31: What Really Happened at That Miami Gas Station
« on: Today at 08:19 am »

I took this photo of a Miami gas station on November 5, 2020. It was the morning after the stolen 2020 election.

Today's price, in the same area (the gas station is gone now) is $4.31/gl.

Over the years, I've reposted the image whenever fuel prices spike. Others have borrowed it to make a political point.

But I wanted to know something simpler: what actually happened between $1.89 and $4.31?

The answer is bigger than any politician. Inflation explains why gas isn't $1.89 anymore.

Wars, refinery closures, OPEC production discipline, and global shipping risks explain why it isn't merely $2.45.

I followed the numbers from that single gas station sign all the way through the global energy system.

Read the full analysis at The Last Wire


#Energy #Economics #Inflation #OilMarkets #GasPrices #Geopolitics #TheLastWire
« Last Edit: Today at 08:21 am by Luis Gonzalez »
Logged
"The growth of knowledge depends entirely upon disagreement." — Karl Popper

“Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place." — Frederic Bastiat

“You can vote Socialism in, but you’re gonna have to shoot your way out of it.” — Me

“Better a grave full of memories than one full of dreams.” — Me.

Offline Bigun

  • Hero Member
  • *****
  • Posts: 37,890
  • Gender: Male
  • Resistance to Tyrants is Obedience to God
    • The FairTax Plan
Re: From $1.89 to $4.31: What Really Happened at That Miami Gas Station
« Reply #1 on: Today at 08:32 am »
Yet more thoughtful analysis from @Luis Gonzalez I hope it is widely read!
Logged
Scientists, like all discoverers of truth, have always asked, "What?” “How?” “Why?” “What if?” and “Why not?” Questioning science is science.

Jaeger, John . Brilliant Creations : The Wonder of Nature and Life (p. 5). Kindle Edition.

Online Luis Gonzalez

  • Hero Member
  • *****
  • Posts: 4,027
  • Gender: Male
    • Boiling Frogs
Re: From $1.89 to $4.31: What Really Happened at That Miami Gas Station
« Reply #2 on: Today at 08:45 am »
Quote from: Bigun on Today at 08:32 am
Yet more thoughtful analysis from @Luis Gonzalez I hope it is widely read!

From your keyboard to God's monitor!

I need traction!
Logged
"The growth of knowledge depends entirely upon disagreement." — Karl Popper

“Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place." — Frederic Bastiat

“You can vote Socialism in, but you’re gonna have to shoot your way out of it.” — Me

“Better a grave full of memories than one full of dreams.” — Me.
Pages: [1]   Go Up
« previous next »