Posted on 02/17/2022 5:42:07 PM PST by ChicagoConservative27
One expert has a warning for Americans who are shocked now at the soaring price of gasoline: You ain’t seen nothin’ yet.
Gas could hit $7 a gallon if Russia-Ukraine tensions escalate and demand ticks up even further as the weather gets warmer and more Americans hit the road, according to an energy markets analyst.
(Excerpt) Read more at nypost.com ...
“Biden blames republicans for high gas prices”
Future headline...
Bkmk
I’m no expert, but I was predicting at least $8 here before next year, without a war.
That will make this booming economy really boom.
Well, duh.
Don’t worry, Senile Joe is working like the Devil to figure out how to blame Trump!
Buck$ aren’t going to be worth so much after the next 3 years of BiXiden, so, just blow it to keep on truckin’.
Brandon has really been going a lot lately
“I’m no expert, but I was predicting at least $8 here before next year, without a war.”
At some point demand falls and the equilibrium shifts.
I would think demand will fall sometime before $8.00 per. I know it will for me.
I’ll still try to go to the doctor. But there will be few recreational trips; one visit to the grocery store and not five.
Remember when democrats were crying foul when Bush doubled the national debt to 8 trillion? Yeah that was 24 trillion dollars ago.
Yeah, I said $6 a gallon. Wouldn’t be surprised if they mandated $2 a liter.
I’d be surprised if this happens with midterms this November. Biden’s an idiot, but his instinct for self-preservation is well honed. Food prices are going up another 10-15% due to input costs. He can’t do anything about that. Oil production he can have a direct impact on, just by sitting on the economically illiterate wing of his party and using administrative measures.
https://oilprice.com/rig-count
Heating fuel to $8 a gallon?
Seven dollars per gallon??? LOL!
Try more like 10 to 15 dollars per gallon.
That’s what happens when your country runs into a hyperstagflationary scenario like Argentina.
All the supply chain problems were created by the Plannedemic / COVID hysteria and subsequence policies, both in China and by the Demagogic Party and its RINO allies -- but they will be blamed on the freedom convoys.
“Try more like 10 to 15 dollars per gallon.”
Low! I say $35.
I think it will get to eight dollars where I live by the end of summer.
I think you may be closer to whatever the number turns out to be.
Only one expert?
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