EPISODE · Feb 18, 2022 · 23 MIN
Why gas prices are so high: Demand spikes, OPEC vs. America, and weird pandemic stuff
from The Week in Philly from KYW Newsradio · host Audacy
Gas prices are stubbornly high. So what's causing us to pay so much at the pump? Villanova chemical engineering professor Dr. Scott Jackson explains what's happening behind the scenes that's making gas prices so high, as well as diving into a fascinating breakdown of why natural gas has very quietly made the US essentially energy independent, what presidents can and can't do to affect gas prices, and why companies like Exxon-Mobile can make money whether the price of oil is high or low.
What this episode covers
Gas prices are stubbornly high. So what's causing us to pay so much at the pump? Villanova chemical engineering professor Dr. Scott Jackson explains what's happening behind the scenes that's making gas prices so high, as well as diving into a fascinating breakdown of why natural gas has very quietly made the US essentially energy independent, what presidents can and can't do to affect gas prices, and why companies like Exxon-Mobile can make money whether the price of oil is high or low.
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Why gas prices are so high: Demand spikes, OPEC vs. America, and weird pandemic stuff
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