Quote:
Originally Posted by John Mercier
It has nothing to do with either.
Production and demand are a part of the private sector capitalism.
When demand outstrips supply, prices rise until demand and supply come back into balance.
Capitalism - not politics - reigns supreme.
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Sure, it is supply / demand. Always will be. But the last election saw reduction /elimination of fracking, cancellation of Keystone pipeline, closing of Anwar, etc. etc, all driven by the current occupant of the White House and his Green New Deal advocates. Look back BEFORE the pandemic. Demand was super high then and no problem with prices at all. Now we have super inflation, supply chain issues everywhere, and all the DC politicians want to do is spend trillions of dollars and run for the hills. Saying coming out of the pandemic is driving demand is just speaking the DC talking points. Saying politics isn't in the mix is pure BS in my opinion, narrow as you may think it is !