Gasoline
EconExtra: Why are Gas Prices so High? - Blog
EconExtra is a series of posts that go beyond the textbook, relating current events and recent developments in economics to content standards, and providing resource suggestions to help you incorporate the current events into your lessons. This week’s issue can be incorporated in even the most basic discussion of supply and demand. It will be interesting to visit this issue in the beginning of the next school year to track what happened to oil and gasoline prices over the summer months, and to see if anything has changed. The Headline Issue The school year may already be over for some of you, but there has been much furor over gasoline prices in recent months, and it does not appear that much will change any time soon. Initially, the price of oil, driven up by the war’s impact on global supply, was easy to blame. But as the price of oil has moderated, the price of gasoline is going even higher.
How the gas supply chain actually works | Brew Breakdown
There’s one question on everyone’s mind lately: why are gas prices so high? In this episode of Brew Breakdown, we take a look at the global oil market, explaining how sanctions on Russia have tightened the worldwide of gas supply chain, and why prices may vary state to state.
#GasPrices #Oil #Inflation #BrewBreakdown
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