Gas Prices

Higher gas prices, declining oil prices

There has been a lot of talk about inflation, which I address in an other post, but for now I want to focus on gas prices. First, take a look at the illustration. Notice that even though oil prices are declining, gas prices are still rising. This is known as the ‘crack gap’ and exists…

The Pipeline

we don’t actually have a strategy that takes environmental stewardship seriously. We have, at best, a strategy based on a hope that market forces (along with carbon pricing) will fix this on their own. Oh, they may fix it, but what we know about the market is that it doesn’t care who gets hurt in the process.