CNN: Gas prices skyrocket as the global energy crisis worsens
New York (CNN Business)The cost of energy was dirt cheap in the spring of 2020 as roads and airports sat nearly empty during the height of the Covid-19 pandemic.
Energy demand is back today as the world economy reopens -- but supply simply hasn't kept up. That's why US oil prices have skyrocketed $120 since crashing to negative $40 a barrel in April 2020. US oil prices finished above $80 a barrel on Monday for the first time in nearly seven years.
Crude gained 1.5% to end the day at $80.52. The last time oil closed above $80 was October 31, 2014.
All of this is leading to sticker shock for many Americans filling up at the pump -- at a time of the year when gas prices typically cool off. The national average price for gasoline hit a fresh seven-year high of $3.27 a gallon on Monday, up by 7 cents in the past week alone, according to AAA. Gas has nearly doubled since bottoming at $1.77 in April 2020.
Read more ....
Update: US crude oil price tops $80 a barrel - the highest in seven years - as global fuel shortage continues amid Russian-EU spat (Daily Mail).
WNU Editor: With government mandates, restrictions on oil and gas development, canceling pipelines, carbon taxes, closing down power plants that do not meet "green" standards, and other measures .... we now have a perfect storm of high prices and supply problems.
And it is going to get worse.
Many governments are still committed to their green agenda, and they are going to implemented them knowing full well it will damage their economies.
5 comments:
666
will rule u fool's
So some fool ^^^ knows the sum of the letters of Ceasar Nero's name. Big fucking whup.
https://www.agapebiblestudy.com/charts/Gemetria%20and%20the%20Number%20of%20the%20Beast%20666.htm
With Trunp we would have still been paying a buck 50. I posted a meme on facebook early in the last election cycle about gas price consequences and Facebook tagged me as a liar.
Long way of saying there is nothing bad enough that could happen to a liberal that I wouldn't still smile.
They do this on purpose to crash our societies to then sell us the great reset
And they're flooding our nations with immigrants who will do the fighting in our streets .. their plan is to end nation states in the west
Wake up
The governments in the west act with such hostility to their people, it is clear they're traitors, lost all confidence, should be trialed and then publicly hung for their crimes
Post a Comment