Why gas prices rise

Everyone would be well-advised to plan accordingly. David has enjoyed a year career in the oil and gas industry, the last 23 years of which were spent in the public policy arena, managing regulatory and legislative issues for various companies, including Burlington Resources, Shell, El Paso Corporation, FTI Consulting and LINN Energy.

In addition to client-related work, David also maintains a growing media communications practice. This is a BETA experience. You may opt-out by clicking here. More From Forbes. Oct 25, , am EDT. Oct 23, , am EDT. Oct 22, , am EDT. World cannot take a price hike - fragile! Biden tried that approach himself last month, when he urged OPEC members to increase oil output just as concern was rising that higher energy prices could slow the U.

Biden said at the time. Inflation report: Higher food and gas prices. Please enter email address to continue. Please enter valid email address to continue. Hot Off The Press.

Campaign Crawlers. General Says U. Daily Folios and Consecutive Sentences. Among the Intellectualoids. Hither and Yon. He had it made in the shade, said my complacent conservative friends. The result was brutal. But we do not have to look back 32 years to see how unruly the leftwing mob can be. Recall the recent fate of Judge Brett Kavanaugh.

Only his courage and unscotchable determinate saved him. The simple fact is that the conservatives are often slow on the draw against the American left. It is time for the conservatives to rally around him. Indeed, under President Trump, the share prices of oil producers languished. Again, I am not blaming him for this.

This year, oil prices have risen, and so have the share prices of oil producers. Other oil companies have experienced similar gains. Should they thank Biden? But, I will reiterate something I pointed out earlier this year. Either Biden is driving up gasoline prices, which helps the U.

It is in fact the latter. Despite the sharp rise in the price of gasoline this year, Biden deserves neither the credit nor the blame — although in the longer term his policies are likely to lead to higher future gasoline prices. Robert Rapier is a chemical engineer in the energy industry. Robert has 25 years of international engineering experience in the chemicals, oil and gas, and renewable.

Robert has 25 years of international engineering experience in the chemicals, oil and gas, and renewable energy industries, and holds several patents related to his work. He has worked in the areas of oil refining, oil production, synthetic fuels, biomass to energy, and alcohol production. This is a BETA experience. You may opt-out by clicking here.

More From Forbes. Oct 25, , am EDT.