
Milwaukee gas prices are in a stable pattern right now, but are predicted to keep rising into summer. These price increases have been made a part of the spring ritual, as predictable as the emergence of crocuses.

Here’s a website to help you find the lowest prices around our area
Supply and demand drive the price of any commodity, and there’s always more than one reason given for a limited gasoline supply: Planned maintenance and repairs to refineries, blend switchovers, a refinery fire, overseas political unrest disturbing crude supply, and the Bush administration’s answer for an energy policy, longer Daylight Savings Time. (Yes, it is actually raising demand.) It’s like there’s a rolodex of reasons that just keep getting thumbed through.
What we need is more refining capacity, but it’s been 30 years since a new refinery was built. The oil companies say they want to, but are held back by environmentalists. As long as that standoff continues, gas prices will be vulnerable to any little ripple in the supply chain. When a huge disruption, like Hurricane Katrina, comes around, we really see the weakness of the system. All of this is just fine with Big Oil. Too much supply and the price would drop.
While unemployment is up, wages are down and benefits are nonexistent. The gas prices are killing the lower and middle class that are making lower wages. This shouldn’t be a shock to anyone. We elected (sort-of: don’t get me started on that rant,) oil men for president and vice president for eight years.
Supply and demand drive the price of any commodity, and there’s always more than one reason given for a limited gasoline supply: Planned maintenance and repairs to refineries, blend switchovers, a refinery fire, overseas political unrest disturbing crude supply, and the Bush administration’s answer for an energy policy, longer Daylight Savings Time. (Yes, it is actually raising demand.) It’s like there’s a rolodex of reasons that just keep getting thumbed through.
What we need is more refining capacity, but it’s been 30 years since a new refinery was built. The oil companies say they want to, but are held back by environmentalists. As long as that standoff continues, gas prices will be vulnerable to any little ripple in the supply chain. When a huge disruption, like Hurricane Katrina, comes around, we really see the weakness of the system. All of this is just fine with Big Oil. Too much supply and the price would drop.

No comments:
Post a Comment