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Unf*cking The Republic

$5 Gasoline: The Real Culprit Revealed.

Jun 25, 2022
42:43

I know, I know. Didn’t we just do this episode? Kinda, sorta. But not to this extent. In our Peak Oil episode we reviewed the history of oil as a commodity, currency and weapon on the world stage. This episode picks up where we left off to drill deeper (pun intended) into the story of crude and how it shows up as $5 gasoline at the pumps. We debunk several myths surrounding high gasoline prices and unequivocally point the finger at who’s to blame. 

Chapters

Intro: 00:00:16

Part 1: 00:01:14

Part 2: 00:04:24

Part 3: 00:09:07

Part 4: 00:13:50

Part 5: 00:18:48

Post Show Musings: 00:26:11

Outro: 00:40:24

Resources

Investopedia: Understanding the Correlation Between Oil and Currency

Econbrowser: Gasoline price calculator

EnergyWorld.com: How much for gas? Around the world, pain is felt at the pump

EnergyWorld.com: Opinion: White House tries to blame US refiners for its own overheating error

U.S Energy Information Administration: World liquid fuels production and consumption balance

Statista: Daily demand for crude oil worldwide from 2006 to 2020, with a forecast until 2026*

Marathon Petroleum Corporation: Marathon Petroleum Corp. Reports First-Quarter 2022 Results

MacroMicro.me: US Dollar Index vs. Oil Price

CNBC: China oil demand must remain weak or we will have tough summer, IEA’s Birol says

The New York Times: Biden Pushes Congress for Three-Month Gas Tax Holiday

UNFTR Episode Resources

Peak Oil: It's a Crude, Crude World.

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Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations.

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Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is written and hosted by onions and distributed by Shrek.

Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, ‘Unf*cking the Republic.’

Support the show: https://www.buymeacoffee.com/unftr

See omnystudio.com/listener for privacy information.

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