What was largely a theoretical modeling exercise until moments ago, is set to go live because Reuters reports that the EU is set to declare a full embargo on Russian oil after this weekend’s French election:
- EU GAS PRICE TO SHOOT UP AS EU TO DECLARE EMBARGO ON RUSSIAN OIL AFTER FRENCH ELECTION NEXT WEEK – SOURCE
Why wait until after the election to launch the embargo? Simple: Europe’s bureaucrats are correctly terrified that the coming oil price spike to push the vote in Le Pen’s favor, which is why Europe will wait until after the election (when Macron will supposedly be the next president of France, as Belgium hopes) to announce it publicly.
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Let’s assume this increase is correct and the price of gasoline will be impacted proportionally. The projected increase means an additional $81.85 per barrel of oil over the current price of $103.15. According to AAA, the average price of gas is $4.101 a gallon. If this increase is correct, the average price of gas will be $7.36 a gallon.
Imagine the price of food once a 79% increase in transportation costs is factored in. Along with the increase in grocery store wages of 19% through 31%. Add in the cost of fertilizer, DEF shortages and wheat shortages and you have the Globalist’s foreshadowed Great Famine.
David DeGerolamo
Biden and his rotten establishment R again at work punishing the working people -Our MSM establishment is his propaganda agency are hiding all the facts -- They have begun robbing our national strategic reserve —
The federal leviathan and their billionaire puppet masters are destroying everything. The economy will be crushed if the price of oil reaches $185.00 per barrel. When the price of oil increase the price all other goods increase. Price inflation is the direct result of a corrupt government and fiat currency.
When will Americans resist the tyranny of the federal leviathan. The federal leviathan has declared war on all of us by inflation and by poisoning the air by geo-engineering, our food by GMO, the water by fluoride and other chemicals and our body by mandated DNA changing clot shots and our minds by government indoctrination centers and CIA controlled legacy media and our country by the mass illegal alien invasion. There is nothing that the federal leviathan provides that we really need. There is nothing that the federal leviathan provides that is beautiful, nice, brings joy or increases freedom. Who is John Galt? TEXIT!
You mean, “WHERE is John Galt?” Yes, absolutely, there definitely does seem to be a destroyer on the loose. Unlike the protagonist in Atlas Shrugged, where he pulled his intellect, reason, abilities, and leadership from society at large — to let the moochers (and as we call them today, liberals) attempt to fend for themselves without the prime movers in the picture creating opportunities. Today, the destroyer is the Deep State, Globalists, Davos crowd, Klause Schwab and his ilk -- especially that demon Harari. John Galt refused to be destroyed by the moochers and corrupt politicians, alphabet agencies, etc. Today, we have the opposite. We have men and women of reason and ambition, Patriots, who see evil and corruption in leadership behind the levers of power and control. There is an evil destroyer on the loose. We know who that is. The father of lies and the great deceiver working through those mentioned above. Ayn Rand portrayed John Galt as the ultimate manifestation of virtue, reason, ability, and truth -- the Apex human. THAT character is not what is destroying our world today. It is pure evil that is destroying the world today. Even Ayn Rand couldn’t imagine the depravity possible by evil men with power and unlimited wealth.
Sorry, my error.
Your summary is excellent.
Yours is excellent, too. Thank you.
Joe is sending our ” national strategic oil ” to Europe.
Make Biden President of Ukraine or Europe. He does not belong here. He loathes America.
I watched Joe Biden say he was going to get millions and millions of cars off the road. Now we know how. The US enviromentalists wanted at least $7.00 gallon of gas. Everything moves by truck. Then we have plastics and other petro products. I heard that by the end of June, food prices in the US were going to be 30% higher than they are already. Better get a sturdy bicycle. If anyone thinks that the US government has declared war on us, I would say that you’re probably paying attention.
When the demented puppet announced the communist states of America will lead the NWO just what do you think he meant? Was it peace and freedom or death and destruction?
And those people on fixed incomes? Congress just gave themselves about a 21% pay raise. Social Security got a little less than 5%. Then the SS recipients got an increase in their medicare costs subtracted from that small raise. Prepare to move in with friends or relatives. If necessary. Have options. Things are going to change quickly now. All you good Christian folks out there prepare to help out, if you can. Bless all of you and good luck through difficult times.
“Social Security got a little less than 5%”
That is not bad considering it is a criminal program and that most working a job had not received near that.
SS wasn’t an option, it was mandatory for most workers. Deducted from our checks. And 5% is bad considering inflation will go over 20% this year. The congressional raise was rubbing our noses in it.