[GOPJ]

Voluntary OPEC production cuts are removing 1.3 million barrels of oil supply every day through December. OBSERVATION - This will keep fuel prices on the upward trend. This may be mitigated to some degree by now unsanctioned Iran flooding the market with cheaper oil. However, should the Gaza war mutate and draw Iran into the mix, it may take action to block oil to the west - creating a tremendous disruption in oil supplies and a shock to oil prices.

AND since oil is an ingredient in our food production system it'll also mean massive inflation in agribusiness and grocery store prices.

[Godzilla]

Those costs ripple thru the whole economy. The petrochemical industry makes tons of stuff we use and wear.