Gas Prices Set To Hit ALL TIME RECORD HIGH, Banning Russian Oil Could Trigger Double Digit Inflation

Posted on March 7, 2022 by Wes Rhinier
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tom finley
tom finley
3 years ago

First time ever, paid 4.07 a gallon today things are getting dicey.

Dana
Dana
3 years ago

Couple of weeks ago I paid $3.26 gal for diesel today it was $4.39 gal. $56 and change for a little over 12 gal.

Tractors, combines, Trucks and trains run diesel…
You can imagine what this will do to food prices.

Almost like somebody’s planned it…

There isn’t an actual supply shortage just a threat of future shortages. We could have energy independence and be exporting oil.

Dana

Chris
Chris
3 years ago

We will NEVER see gas below 5$ a gallon again.
Callin it

Michael Hall
Michael Hall
3 years ago

first off price increases because of scarcity real or artificial is not inflation. Inflation is the increase in the money supply caused by gov printing more money thereby devaluing your cash assets. two very different things.one is nothing for your money to buy, the other is plenty of money but your money will buy nothing.

Lucy
Lucy
3 years ago
Reply to  Michael Hall

We have BOTH.

Citizen Joe
Citizen Joe
3 years ago

The government says inflation is 7 1/2%. Shadow stats says it’s 14%. The current crisis will run inflation over 20% soon. If the petro dollar breaks, all bets are off. Collapse.