Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 20, 2022

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Wed Oct 19 14:02:53 +0000 2022

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Paul Krugman @paulkrugman

Three things to know. First, the biggest determinant of gas prices is crude prices, which are set on world markets, not by US policy 3/ https://t.co/xg8IuAfn2A — PolitiTweet.org

Posted Oct. 19, 2022

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Paul Krugman @paulkrugman

Control of Congress, and maybe the future of democracy, may well depend on the extent to which the uptick in gas prices that began in September is reversed by Election Day (prices now falling fast in some regions) 2/ — PolitiTweet.org

Posted Oct. 19, 2022

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Paul Krugman @paulkrugman

Second, smaller fluctuations can be driven by technical issues at refineries; refinery outages appear to be mostly responsible for the recent uptick in prices, and prices are coming down as these problems are getting resolved 4/ — PolitiTweet.org

Posted Oct. 19, 2022