Tuesday, October 04, 2022

Gasoline-Price Rocket, More to Come

 Only two weeks ago, we were seeing gasoline at about $3.25/gal.  That's still a LOT more than what we paid under Mean Tweets Trump, but.....

Now it's $4.19.

And OPEC is about to make it higher.

...Joe Biden will likely face a new round of gas-price shocks soon, thanks to what OPEC+ hints will be a “historic” cut in daily production. The apparent goal? To get prices back above $100 a barrel, and perhaps to push back against Western sanctions on Russia....

Let's not forget that Sponge-Brain-Shits-Pants made a promise about that:

  ...Biden promised back in July that the Saudis would increase their oil production as a way to show he was on top of the oil markets. The Saudis themselves demurred on that question at the time, and now we know why......

It could go a LOT higher, too, if the Regime manages to start a war with Russia, which they really really really want to happen before the election.

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