National Average Gas and Diesel Prices for April 2023
Tracking the Great Reset through Gas Prices
My fellow Patriots,
The fragility of the US economy is becoming more and more evident every month as both external and internal forces are causing massive fluctuations.
For the month of April 2023, the national average gas price opened up at $3.504 per gallon and it continued to rise for 19 days in a row to $3.686 per gallon on April 20th. Starting the next day, the price decreased to $3.682 per gallon and prices continued to decline for the rest of the month, closing on April 30th with a national average of $3.611 per gallon. As always, all data comes from AAA.
The national average diesel price started off at $4.222 per gallon on April 1st. The price declined for the next two days to $4.204 per gallon on April 3rd. On April 4th, the price increased to $4.207 per gallon and continued to increase through the next day at $4.211 per gallon. Starting on April 6th, diesel prices began to decline at $4.209 and the decline continued for 4 days to $4.196 per gallon on April 10th. The next day prices rose to $4.199 per gallon and continued to increase for 3 days to $4.210 per gallon on the 14th. On April 15th, prices declined to $4.208 per gallon and the decline continued for 2 days to $4.196 per gallon on the 17th. The national average diesel price rose on the 18th to $4.201 per gallon and then rose again the next day to $4.203 per gallon. Starting on April 20th, the price declined to $4.199 per gallon and continued to decline through the rest of the month to close at $4.131 per gallon on April 30th.
There is one very obvious reason that contributed to the rise in gas prices and the fluctuations in diesel prices: OPEC+ announced a cut in oil production on March 30th. This is a cut of 1.15 million barrels per day through the end of 2023. In addition to the OPEC+ cut, there was an explosion at an Lemont, Illinois oil refinery on April 25th. That explosion would not have caused major price hikes in gas and diesel prices compared to the OPEC+ announcement.
If America’s economy was functioning normally, both gas and diesel prices would only be decreasing after the OPEC+ announcement if other economic decisions were made such as an increase in domestic oil drilling or production. But our economy is not functioning normally so the fluctuations and decreases in gas and diesel prices are due to less consumption by people. People are simply driving less and buying less goods therefore fuel prices saw declines toward the end of the month.
With diesel prices, there was a net decrease in the national average price in April and the OPEC+ announcement barely caused temporary price increases. This is not due to strong domestic production of diesel, but because less goods are being purchased and transported. In addition to less goods being purchases, the port closures of Los Angeles and Long Beach also affected the transportation of goods nationwide because there are no goods to be transported from those locations. This will continue to affect more than just diesel prices, but the overall cost of goods.
Sudden fluctuations in gas and diesel prices are never good, it is a sign of an unstable economy. While the signs of an bad economy have been obvious for well over a year, there have not been such fluctuations in fuel prices as has been seen in April 2023. The mission continues to be the same: pay attention to what is going on in the news and learn how to prepare to protect and provide for you and your family.