Gasoline prices dropped in 2019 and 2020 as the US increased its domestic oil production to become energy independent. Gasoline prices increased in 2021 as the US lowered its domestic oil production to pursue wind and solar in compliance with the UN and EU demand to reduce carbon.
https://ycharts.com/indicators/us_gas_price
Oct 2021
3.48
Sep 2021
3.26
Aug 2021
3.06
Jul 2021 3.04
Jun 2021 2.96
May 2021
2.89
Apr 2021 2.77
Mar 2021 2.73
Feb 2021 2.41
Jan 2021 2.24
Dec 2020 2.11
Nov 2020 2.02
Oct 2020
2.07
Sep 2020 2.10
Aug 2020 2.09
Jul 2020 2.10
Jun 2020
2.00
May 2020 1.77
April 2020 1.72
Mar 2020 2.13
Feb 2020 2.35
Jan 2020 2.46
Dec 2019 2.47
Nov 2019 2.48
Oct 2019 2.50
Sep 2019 2.49
Aug 2019 2.52
Jul 2019 2.64
Jun 2019 2.60
May 2019 2.73
Apr 2019 2.69
Mar 2019 2.44
Feb 2019 2.22
Jan 2019 2.15
In 2020, the US exported more oil than it imported. In 2021 the US is expected to import 3.7MBBL and increase imports to 4.4MBBL in 2022.
https://dailyenergyinsider.com/news/29194-united-states-exported-more-petroleum-than-it-imported-in-2020-according-to-eia/
Norb
Leahy, Dunwoody GA Tea Party Leader
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