It's a market situation. Price and demand and availability. The recent twenty cents plus price hike was caused by new federal regulations imposed on refineries to cut down on harmful emissions from cars. A good thing I believe, but one we will have to pay for. How many of you go to the local store, fill up on gas, complain about the price, and then think nothing of spending over a dollar for a PINT of Coca-Cola.
Milk is three dollars-plus.
The list can go on and on. When everyone else was enjoying the 75 cent gas a few years ago, thousands of my fellow oil workers were unemployed. Didn't mean to go on so much. Let's go fishing. I also make my living in the oilfield services part of the petroleum business.