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Saturday, May 29, 2021

Memorial Day Weekend -- May 29, 2021

Memorial Day: four months into the new administration and the White House is already feeling heat on price of gasoline. White House released presser yesterday that gasoline prices this Memorial Day in line with historical gasoline prices. That may or may not be true. But that's not the perception many (most?) Americans have, and it's all about perception. Having said that, with a glut of crude oil, the real question is not why are gasoline prices "in line" with historical prices, but why aren't they lower? Link here

For the record: I did not vote for higher gasoline prices, although a lot of my neighbors did based on bumper stickers on Volvos and Subarus. 

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