• Tue. Dec 5th, 2023

Health Administration

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US needs sound energy policy to help economy recover

Current high fuel prices, caused by a number of factors including supply and demand, impact the overall economy.

Chris Zeigler is executive director of the American Petroleum Institute of Ohio.

For weeks, Ohioans have awakened daily to reports that the average price of a gallon of gasoline is higher than when they went to bed. Consequently, gas prices have been a topic of conversation at the breakfast table, and then again at the dinner table.

We know that fuel prices fluctuate for a variety of reasons including the cost of crude oil, supply disruptions, transportation challenges and other market dynamics. But the unprecedented, sustained fuel price increases we’re experiencing now, which are dramatically affecting our overall economy, cannot be attributed to any one specific factor like a refinery outage, temporary pipeline closure, or weather event.

More:Gas prices in Ohio and other Midwestern states are spiking. Here’s why


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