Summer’s coming, and gas prices go up. It’s all about the iron laws of supply and demand — people drive more in the summer. They go on vacations, take local trips to the lake, and just want to be out more. More gas is demanded, and if supplies tighten, the price goes up. And all that petrol doesn’t magically appear at the pumps. Whether imported — sometimes by long ocean voyages — or pumped domestically, crude oil has to be refined, then shipped by pipeline, train, and most assuredly truck to your local gas station. Lots of choke points in such a long and complex supply chain. Lots of risk….
