This has everything to do with Joe Biden. He's openly stated we are de-transitioning from a fossil fuel economy. Banks and other private investors have stopped investing in energy because of that. The primary bottleneck right now is refining. We simply cannot make enough gasoline, diesel, and heating oil. The profits from a barrel of oil turned into diesel have gone from $10 to $100 in less than a year due to lack of capacity. So of course whoever owns the refineries are going to make bank. That's not their fault. All of these products are bought and sold on public markets and the public sets the price through supply and demand. Right now there is very little supply due to the bottleneck. So they are making money. But refineries cost tens of billions of dollars and take decades to recoup their expenses. Absolutely no one is interested in investing in new ones. Why? Because, as Biden goes around saying, "We're detransitioning from fossil fuels", so they'll never get their money back.

High gas prices, lack of natural gas supply, lack of diesel, high oil prices, high heating oil prices, high electricity prices, all of energy being so expensive is all directly the result of this administration's war on fossil fuels before replacement renewables were in place. They got rid of our energy before what was replacing it was even built. That's the problem.

This is a big part of the reason that according to PredictIT, he's about to lose both the House and the Senate and become a lame duck President and polls show him hovering at a 40% approval rate, lower than Trump was at this stage of his Presidency.