This has got to be a form of the rally 'round the flag effect. The national average is about $4.00 per gallon, but I dare anyone to come live in work in Los Angeles. We'll see how long that rally lasts.
At WSJ,
A wide majority of Americans, 79%, said they favored a ban on Russian oil imports even if the prohibition increased energy prices in the U.S., according to data from a new Wall Street Journal poll. Just 13% said they opposed it.
President Biden on Tuesday halted the purchase of Russian crude oil, certain petroleum products, liquefied natural gas and coal—the latest economic impediment the White House has placed on Moscow in an attempt to deter Russian President Vladimir Putin’s invasion of Ukraine. The new Journal poll showed broad support for the energy ban across political breakdowns. The ban had support from 77% of Republicans and 72% of voters who said they would support former President Trump if he ran again in 2024. Among Democrats, 88% said they favored the moratorium on Russian oil imports, including 94% of Democratic men...
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