At Website the following:
Americans Should Prepare for Gas Prices to Rise Again Analysts Warn!
Patrick De Haan, head of petroleum analysis at GasBuddy:
“The White House is basically picking a winner,” he continued. “It’s picking EVs and it’s picking a loser: fossil fuels. What oil company is going to invest billions of dollars in building a new refinery? In this climate, it would be foolish.”
“Talk about doublespeak. ‘We need to build more and we’re going to shut you down in 10 years.’ That confusion is not going to build confidence in oil companies to say, ‘hey, you know what, we’ll expand our refinery by 100-.’ No, nobody’s going to do that.”
The Biden administration has continued to push its federal ban on new oil and gas leasing, even while asking foreign producers to increase output.
Small and large businesses alike are facing increased costs for goods, services and transportation stemming from higher energy costs.
https://www.foxbusiness.com/politics/americans-should-prepare-gas-prices-keep-rising-analysts-warn
