Something is bothering me- Why have gas prices really dropped?
🗣️ DISCUSSION 💬
It makes no sense afaik, unless Patriots are in control and something devolution-like is going on. Let's hear it peeps.
Less people flying is also a major reason for extra supply being available. I've read once that air/rail/OTR trucking account for 90% of transportation fuel consumption.
Entirely possible, but one thing a lot of people don't know is refineries usually make many different products. They could make gas, diesel, airplane fuel, asphalt, naphtha, propane, butane, fuel oil, kerosene, wax, tar, coke, other oils, and various other chemicals used in petroleum products. What they make depends on the crude they use, and the price points of the products they produce (among other things). If gas is higher-priced than jet fuel you can bet they will produce more gas.