so in general, i agree policy makes a macro different, not the slow rise in prices as demand increased.
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you mean halting the building of a pipeline?
perhaps it was the refineries that were unable to come back on-line quickly after getting frozen,
or had to shut down with the demand so low - can't just turn a key and have them come back.
or maybe it is willingness to pay? gas prices are capped at spot price +incr in NJ - they compete on regular.
premium it is the full increment.
if overseas gets too high, we turn on the fracking machine.
gas is cheap in the US by any measure, except countries where the government owns the refineries.
&
oh wait, it cost $13 more to fill the car than last year. just the cost of the boy toys.
as an aside, it is getting close to aviation fuel - so maybe
@UtahJoe can run a mix of premium and 100LL.