Re:U.S. Gas Prices Have Fallen for 50 Straight Days
by rco8786 on Wednesday August 03, 2022 @09:56PM
(#32338492)
I don’t really have a dog in this fight, but how does this square up with prices in Europe also dropping?
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Re:U.S. Gas Prices Have Fallen for 50 Straight Days
by josephcsible on Wednesday August 03, 2022 @11:52PM
(#32339170)
Because gas is fungible. Since we're burning our reserves, we're importing less than we otherwise would, and from there it's basic supply and demand.