Friday, March 11, 2022

Morning Greatness: Inflation Hits 40-Year High Under Biden

 

AfterMath - Home (terrellaftermath.com)

. . ."Oil needs to make a number of stops before it's turned into gasoline that is ready to fill your car's tank, and that journey influences its final price at the pump. 

"0First, crude oil is either imported into the U.S. or produced domestically and moved to a refinery, where it is made into gasoline and other petroleum products.

"Most gas is then moved via pipeline to large storage terminals before being sent to smaller blending terminals, where it’s processed into finished motor gasoline. Trucks then deliver the gasoline to gas stations. 

"A gas station’s proximity to those refineries and pipelines plays a big role in the price at the pump. Stations that are farther away pay higher transportation costs to get the gas to the fueling station, which drives up overall costs."

"GasBuddy spokesperson Nicole Petersen pointed to states on the West Coast like California, Oregon and Washington, which have less access to refineries and tend to have some of the highest gas prices in the country.". . .

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