GASOLINE Futures Prices up 100% since the FRAUDULENT ELECTION, 47% Year to Date
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you havent seen anything yet. OPEC isnt increasing production in April so wti will hit 75 then if opec stalls or trickles supply in May to jack up prices 85 to 90 is coming then by June there will be a mass supply crunch jacking wti above 100, the average American is now to stupid and brainwashed to do critical thinking
here's another angle. We're already seeing rampant surges in food prices like soy, corn, wheat, sugar, coffee, etc. There's going to be a shitload of food inflation in 3rd world countries and Arab states. This will cause the government to try and do price controls and rationing which will cause shortages. This sparks off civil unrest and possibly civil wars in oil producing countries.
There's your case for 200 dollar a barrel oil.
I believe it. Governments love price controls when it wins them votes. Despite the failures created from rent control, it's still a thing.
India used to have very tight price controls and monopoly laws; so tight that when the government laxed them and reintroduced competition into their economy, the existing players were blindsided by how much better their competition was and were forced to modernize.