$5 Gasoline: The Real Culprit Revealed.
I know, I know. Didn’t we just do this episode? Kinda, sorta. But not to this extent. In our Peak Oil episode we reviewed the history of oil as a commodity, currency and weapon on the world stage. This episode picks up where we left off to drill deeper (pun intended) into the story of crude and how it shows up as $5 gasoline at the pumps. We debunk several myths surrounding high gasoline prices and unequivocally point the finger at who’s to blame.
Part 1: 00:01:14
Part 2: 00:04:24
Part 3: 00:09:07
Part 4: 00:13:50
Part 5: 00:18:48
Post Show Musings: 00:26:11
Investopedia: Understanding the Correlation Between Oil and Currency
Econbrowser: Gasoline price calculator
EnergyWorld.com: How much for gas? Around the world, pain is felt at the pump
U.S Energy Information Administration: World liquid fuels production and consumption balance
Marathon Petroleum Corporation: Marathon Petroleum Corp. Reports First-Quarter 2022 Results
MacroMicro.me: US Dollar Index vs. Oil Price
The New York Times: Biden Pushes Congress for Three-Month Gas Tax Holiday
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