Talk of The Villages Florida - View Single Post - Cost comparison of 1950 gas prices to today
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Old 04-06-2022, 02:02 PM
MartinSE MartinSE is offline
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Quote:
Originally Posted by JMintzer View Post
Why was there less demand? Your comment makes zero sense...
Am I being unclear or are you just trying to be hard to get along with?

My reference to les demand was over the past 2 years when people were staying home because of the pandemic. Now, that people are starting to go back to work demand is picking up but slowly. It is estimated that demand was down to 1/2 of the pre-pandemic demand for the past two years. That resulted in gas price dropping a lot (down to around $2.00/gal or less). Now, demand is spicing up quickly, the sanctions on Russia are impacting supply (worldwide) and oil companies are making historic profits (so, not highly motivated to increase production).