10 dollar fuel will put us into a severe recession, it would kill tourism, trucking, agriculture, construction (there ain’t no electric tractors or bulldozers)
It will go to $5/gallon and will have an very noticeable impact. Add the food inflation and by November people are going to be upset.
Any “supposed” energy crisis is purely manufactured propoganda and a genuine conspiracy.
To wit, per a story already posted on FR today, it was just announced that a new oil deposit discovered in Alaska contains over 500 billion barrels of recoverable oil. There is also the Green River Formation in the Rockies Mountains with at least 560 billion barrels of oil on federal land that the government refuses to release for recovery. Combined together that is over 1 TRILLION barrels of recoverable oil and based upon current US consumption of 15 million barrels per day, those two oil deposits contain over 200 years worth of oil.
It’s a scam. We are being manipulated, lied to and scammed.