Author
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Topic: Gas Prices Could Rapidly TRIPLE!
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Randall Webmaster Posts: 159983 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted July 18, 2022 02:48 PM
According to JP Morgan, if Russia cuts off supply, oil will rise to $380 a barrel! That translates to well over $10 a gallon. That will spin us into a recession and maybe even a depression. This would be a true Putin price hike—not the lies Biden currently spews. Russia could literally hold the entire world hostage. These greeniacs want us to go electric, but they forget what creates electricity. If 100 million electric vehicles were to suddenly replace gas-driven ones, the grids would shut down. And 61 percent of electricity is fueled by fossil fuels, with 19 percent nuclear. IP: Logged |
teasel Knowflake Posts: 22514 From: Registered: Apr 2009
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posted July 18, 2022 03:29 PM
Then fox can stop worrying about the mom and pop gas stations, they said would suffer as gas prices lower.IP: Logged |
BlueRoamer Knowflake Posts: 1204 From: Registered: Apr 2009
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posted July 18, 2022 04:40 PM
Good then maybe people will stop blowing up the planet and have to switch to clean energyIP: Logged |
Randall Webmaster Posts: 159983 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted July 18, 2022 07:08 PM
We will see how good you think it is when food prices rise accordingly. The planet is not blowing up. All of that is complete nonsense.IP: Logged |
Belage Knowflake Posts: 6202 From: USA Registered: Apr 2009
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posted July 19, 2022 10:39 AM
quote: Originally posted by Randall: We will see how good you think it is when food prices rise accordingly. The planet is not blowing up. All of that is complete nonsense.
Economy 101 should be taught in high school, as it is obvious some people's grasp of economic realities is tenuous at best. They don't realize that if the price of gas triples, the price of their food which is delivered by trucks at the supermarket and grocery stores would also triple. Interesting that it is the same people who have not been paying attention to the upcoming food shortage, thinking it is funny or conspiracy theory...
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Belage Knowflake Posts: 6202 From: USA Registered: Apr 2009
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posted July 19, 2022 10:44 AM
Those of you who still have a wool over your eyes, do your research! Food processing plants and gas plants in the US are experiencing "unexplained" fires at an unprecedented rates. There are powers out there who are undermining our food supply... So we are on our way to a food shortage, whether it is caused by food prices being too high, or food being scarce, or likely both. IP: Logged |
Randall Webmaster Posts: 159983 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted July 19, 2022 01:21 PM
Over 100 food processing plants being destroyed is no accident. So is the buying up of farmland not an accident.IP: Logged |