For the last month or so, gasoline prices have slowly trickled down.
Joe Biden, of course, is taking credit for this, but he really had nothing to do with it.
Experts believe that could soon stop, adding the recession that most experts believe is right around the corner.
Problems Ahead
Toward the latter part of the summer, gasoline prices started to recover.
I have reported on the main reason for this already… usage was reduced.
With families looking to save money, vacations were canceled.
More people were staying home, which meant they were using less gasoline.
With fall here, usage will naturally go on the rise.
We also have to consider that homes will start using oil for heat, which will also tap supplies.
There are other factors at play as well, which Fox News discusses…
If you want to know when gasoline prices will start to rise, just keep an eye on daily usage.
For most of the summer, it was well under nine million barrels.
When it increases over that number, supply will begin to lose ground, and prices will start to soar.
Source: Fox News