Red Wine and Blue
@redwineblueusa·55.8K subscribers·1.8K videos
Momonomics: Who Controls Gas Prices?
Posted
September 12, 2024
Views
579
Likes
51
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3
Engagement
9.33%
September 12, 2024
579
51
3
9.33%
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0:45Now PlayingAs part of our Kids Ask Questions About the Economy series, we’re exploring who really sets gas prices. And the answer? It’s not the president. Prices are determined by global producers and demand. Despite being a top oil producer, the U.S. has lower prices compared to the global average of $5.02 per gallon.
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