When I go home every night, I check the prices of the ARCO gas station as I pass by. Over the past few weeks, it has shot up from ~ $2.69 to $3.39, and it shows no sign of slowing down any time soon. I shake my head at the thought.
There's a reason why Obama's economy was a massive failure.
This is part of it.
However, they may not be able to sustain it for long. Global demand for fuel is way down, especially in the first world. They are already sitting on maximum storage capacity now.
I think the prices will drop again as people just avoid buying the fuel.
Even as the Saudi's cut their production just now by 100 million barrels per day. I think the drop in global demand is even greater than that.
And then, if the price does rise, the Russians make massive profits which the globalists also hate.
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[ - ] deleted 3 points 3.2 yearsMar 2, 2021 01:27:34 ago (+3/-0)
[ + ] AloisH
[ - ] AloisH [op] 2 points 3.2 yearsMar 2, 2021 05:36:33 ago (+2/-0)
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[ - ] deleted 2 points 3.2 yearsMar 2, 2021 10:45:19 ago (+2/-0)
[ + ] Not_a_redfugee
[ - ] Not_a_redfugee 1 point 3.2 yearsMar 2, 2021 23:11:23 ago (+1/-0)
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[ - ] deleted 2 points 3.2 yearsMar 2, 2021 10:46:35 ago (+2/-0)
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[ + ] TerrifiedTyphlosion
[ - ] TerrifiedTyphlosion 2 points 3.2 yearsMar 2, 2021 01:58:38 ago (+2/-0)
[ + ] CrustyBeaver
[ - ] CrustyBeaver 1 point 3.2 yearsMar 2, 2021 16:01:58 ago (+1/-0)
There's a reason why Obama's economy was a massive failure.
This is part of it.
However, they may not be able to sustain it for long. Global demand for fuel is way down, especially in the first world. They are already sitting on maximum storage capacity now.
I think the prices will drop again as people just avoid buying the fuel.
Even as the Saudi's cut their production just now by 100 million barrels per day. I think the drop in global demand is even greater than that.
And then, if the price does rise, the Russians make massive profits which the globalists also hate.
[ + ]deleted
[ - ] deleted 1 point 3.2 yearsMar 2, 2021 10:46:01 ago (+1/-0)
[ + ] removed
[ - ] removed 0 points 3.2 yearsMar 2, 2021 11:09:49 ago (+0/-0)
[ + ] ScheduledSuicide
[ - ] ScheduledSuicide 0 points 3.2 yearsMar 2, 2021 09:37:58 ago (+0/-0)
[ + ] hilite
[ - ] hilite 0 points 3.2 yearsMar 2, 2021 01:23:39 ago (+0/-0)
[ + ] AloisH
[ - ] AloisH [op] 1 point 3.2 yearsMar 2, 2021 05:37:48 ago (+1/-0)