What's Really Driving High Fuel Prices?
March 19, 2022
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9:37Now PlayingWhat's Really Driving High Fuel Prices?
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as posted by the channelIt is natural to think that, because the cost of fuel has increased so much during the Ukraine crisis, that a shortage of Russian oil on the international market is driving prices up. However, this does not make sense when you consider that the cost of oil is nowhere near historical highs, the cost breakdown of fuel is not impacted that much by oil prices, and not all countries have seen the same increases.
UK fuel prices
Global fuel prices
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