What is the biggest take away? The biggest shift in supply and demand I have witness in my lifetime is the price of gasoline. Just a short period ago (2020) the average price of gasoline was as low as $2.17, and just six months into 2022 the average price nationally was just over $5. Depending on what side of the isle you support, there are different variables to consider as to why the price more than doubled. Many skeptics of "global warming" would say that is a push on renewable energy. While others would suggest the war in Ukraine has prices surging. In my opinion it is a combination of both. The fact is that the current administration made a promise to be 100 percent carbon pollution-free by 2030. I believe is a huge factor in gasoline prices being so high. There is a reason why EV manufacturers have seen increasing sales. However, most people don't realize that the energy grid that they plug their car into is being supplied by fossil fuels. In 2021, about 61% of electricity in the U.S. was generated by fossil fuels (eia.gov). But this a subject for another week. Another fact is that the national average price for gasoline pre-Ukraine was $3.61 about $1.50 north of what it was pre-Biden. Again, a combination of factors. Did the supply drop? Yes! However, that was not the only contributing factor for the price increase. Did the demand increase? Yes, to an extent. The demand has increased post- "pandemic" as people returned to work. With EV sales increasing I expect the demand for gasoline to decrease, however I am not sure the prices will drop