by Chris Black
$147 per barrel got us $4.14 in 2007.
That price only lasted a few weeks until the massive recession dropped oil all the way back to $27.
$5 per gallon on $113 oil?
Doesn’t really make any sense.
Of course the price at the pump doesn’t reflect the price of a barrel of oil anymore.
Wall Street doesn’t even use the price of WTI to benchmark gasoline contracts.
WTI Rebounds After Big Surprise Crude & Gasoline Draws t.co/QaNbXuQgrY
— zerohedge (@zerohedge) May 17, 2022
Just wait until the airline’s existing contract fuel prices end. We’ll all see a doubling or tripling of ticket prices, with several carriers going bankrupt.
The truck that brings you your food gets eight miles per gallon too. Hope you’re growing a vegetable garden and raising some cows/goats.
The “great reset” starts first with the great shutdown.
- Dr. Geert Vanden Bossche forecasts total chaos within 2 months.
- Breyer retirement letter has no President name on it. – Opinions coming Thursday
- Chicago shoplifter gets folded up like a pretzel by jujitsu instructor
- Why Are They Still Pushing the Global Warming Hoax When We Have Real Problems to Take Care Of?
- Rationing Has Already Started In Europe As The Entire Globe Plunges Into A Horrific Economic Nightmare
- Armstrong: Prepare for WWIII: The West NEEDS war because the entire financial system is collapsing
- What’s Happening to America’s Wealthiest Families Proves the Dollar Is Failing
- Things are going down in the Netherlands.
- 29-year-old trans woman beats 13-year-old girl to 1st place in NYC girl’s skateboarding contest
- PEDOPHILES ARE OFFICIALLY A PROTECTED CLASS IN AMERICA NOW
Views: 195