Let’s see how these rising gas prices affect the prices on our 12 MPG trucks….

[truckin 79]

Originally Posted by Dieselwrencher

Shortage? Where's that? It seems everything I've read/heard says there's no shortage in our country. It just isn't being pumped/piped/sold/traded from our supplies...........

I thought the article above posted by 69tom summed it up pretty well but here is just a blurb from the article. Supply and demand at work here.

https://nypost.com/2022/03/07/how-bi...er-gas-prices/

Ramping up production isn’t as simple as turning on the faucet. Many companies used revenues generated from higher prices to pay down debt. Remember, it wasn’t all that long ago that coronavirus outbreak weakened demand so severely that it sent crude oil prices into a tailspin. The oil price collapse crushed the industry, leading to a record bankruptcy debt of $100 billion in North America.