> National average gasoline prices hit $4.57 Wednesday, a record, but J.P. Morgan's head of commodity research says consumers should prepare for gasoline prices above $6.00 this summer.
>Prices have already surpassed $6.00 per gallon in California, and are over $7.00 per gallon in parts of the state.
>However, elevated oil prices (USO) are not the only culprit; dramatic reductions in global oil refining capacity, paired with reduced Russian and Chinese exports, have already resulted in shortages of oil products like jet and diesel fuel.
>In recent years, ~3mb/d of refining capacity has been shuttered or converted to bio-fuel production, according to J.P. Morgan estimates; the impact on fuel prices has thus far been negligible, as pandemic-related demand weakness masked underlying supply reductions.
we already fucking have $6/gallon here nigger our gas stations are preparing for $10 and just had their signs reconfigured to display double digits.
James Rodriguez
ADD MORE DIGITS GOYIM!
Brayden Johnson
you know they pay media outlets to print this shit so they can begin unloading bags after retards start to fomo in on the news right? No different to Crypto Telegraph or whatever the fuck. just costs a bit more. wouldnt be surprised to see CL futures sell off in a day or so
Kayden Collins
WHY IS MY METAL STILL FALLING REEEEEEEEEEEEEEEEEEEEEEEE.
I thought I bought the bottom, Oh well.
Joseph Young
All part of the plan. They will make sure of it.
Ryder Martinez
I have no idea why this is such a big deal. It's just oil.
Joshua Wright
you dont use it?
Carson Howard
Fuck it leftist retard. Lets give you what you want. Let's say we enact your Green New Deal. Right now. Today. Ok. Instantly gas prices would go even higher as fuel producers are now taxed into oblivion. While we wait 10 years for all the new "green energy" to be produced we would have to shut down coal plants, sending Americas energy reserves even further out of control. In 20 years you would have destroyed this country. But at least we have solar panels and wind turbines everywhere now.
Agenda 2030 and more importantly Agenda 21 They tell you why they want people to have no freedom of travel among other faggotry. All the SDGs and GreenNewDeal and all that other shit are just tiny programs making up the whole. They're preparing us to live in a constant wartime scenario with restriction of travel and endless rationing of bug dinners
Lucas Gonzalez
they would have everyone reliant on the government to pay for their housing and food in about six months. and that, my friend, is what they want. power over masses of us breeders. "new green deal" is just a cover story to get there.
Austin Hernandez
The gas is not the problem, the fuel is. The oil industry is trying to keep people dependent on their product, because it is a money sink. The gas prices are just a way to distract you from the fact that we are in a global recession and oil prices are at a 50 year low.
Connor Robinson
That's weird their traders are saying otherwise at CBOE
Benjamin Powell
>oil prices are at a 50 year low. kek.
Colton Ortiz
i predict 6 million will be gassed.
Jacob Moore
I live in flyover country - anything higher than $5 and I’m not going into work anymore
Ian Smith
>Prices have already surpassed $6.00 per gallon in California, and are over $7.00 per gallon in parts of the state. lol
Dylan Turner
>WHY IS MY METAL STILL FALLING Time to stack more.
Jordan Young
its only a 10 minute walk to the local gloryhole fatty. If you push off now you might get there in a few hours
Ian Ortiz
I wish gas was $6. It’s more than that where I live >t. CaliWali fag
Tyler Bailey
how much is a Hot Carl these days?
Ethan Morris
>let's cut 60% of our supply to not upset a bunch of red skinned feather niggers
>moving back in with parents because I got priced out of my apartment >gonna be pocketing my entire salary now Not gonna be an issue for me. Get fucked, faggots
