Wayne Winegarden Highlighted in Great Lakes Wire on Oil Production and Gas Prices in Michigan

Wayne Winegarden Highlighted in Great Lakes Wire on Oil Production and Gas Prices in Michigan

Wayne Winegarden was highlighted in the Great Lakes Wire piece by David Beasley: ‘Allowing more oil production would help reduce gas prices quickly’ in Michigan.

“The domestic actions that restrict oil production worsen the inflation problems and the budget squeezes that too many families are facing across the states,” Wayne Winegarden, senior fellow in Business and Economics of Pacific Research Institute, told the Great Lakes Wire recently. “The expectation of greater supply by allowing more oil production would help reduce gas prices quickly and incentivize greater supply, which could help offset some of the inflationary pressures.

“Allowing more oil production would help reduce gas prices quickly and incentivize greater supply.”

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