Posted on 05/19/2022 1:05:53 PM PDT by ChicagoConservative27
The U.S. national average for regular gas could top $6.00 per gallon in the coming months, J.P. Morgan predicted this week in a report titled “Cruel Summer.” The national average for regular gas has continued to climb for ten consecutive days, standing at $4.589 on Thursday. That reflects a 2 cent increase over the last day, 17 cent increase over the last week, and a nearly 49 cent increase over the last month. What is more, J.P. Morgan predicts that it will only worsen in the coming months, topping $6.00 per gallon nationally.
“With expectations of strong driving demand … US retail price could surge another 37% by August to a $6.20/gal national average,” J.P. Morgan’s commodities research head, Natasha Kaneva, said this week.
(Excerpt) Read more at breitbart.com ...
The Misery Index returns
We’re 83% of the way there in my area.
Since the Democrats cheated their way to power, it’s been nothing but threats, gloom and dire warning as the American people get economically gang raped.
I’m sure you’ve heard that Washington state is upgrading their gas pumps for double digit ($10+) per gallon.
I can’t remember where, but it was suggested that a number of other states were doing the same.
Diesel is $7/gallon now in New York and New Jersey.
Every DAY that this FAKE president remains in office has been cruel and unusual punishment for the USA and the world!
Only 976 days to go, Kids! *SPIT*
Winter of death.
Cruel Summer.
Yeah right.
It is prog ineptitude and stupidity.
Poisonous policies and intentional catastrophes.
If you tell the truth about what they do it is screaming in your face, banning, job threats and investigations from the party of diversity and inclusiveness.
What utter scum.
.
Pinging Bananarama!
They make it sound like folks will be paying it.
Folks will be losing jobs and all sorts of chaos will ensue.
Wait till diesel gets so expensive that the trucking industry shuts down.
I just heard that Averrit Trucking laid off 5000 employees and sold equipment.
Inflation and soaring gas prices have forced a North Carolina logging company to shut down after 37 years in business
Read the article. He ain’t the only one. He’s the one pulling trees, so the mills can make lumber, so the builders can build houses. No loggers. No lumber.
That’s that ripple effect thing or something, ain’t it.
Effing liberals, Soros the Nazi Collaborator and the WEF are being allowed to destroy this country every day and Republicans , across the board, do nothing.
The Democrats did everything in their power to stymie President Trump. Republicans do nothing but beg for votes so they can do something next time.
I think it will hit $9 here in Cali.
And if Republican Governors and legislatures stood together like the Left does, all of this could be solved quickly.
But when you have guys like Hutchinson, Kemp, Dewine and others that will never happen.
“ With expectations of strong driving demand … US retail price could surge another 37% by August to a $6.20/gal national average,” J.P. Morgan’s commodities research head, Natasha Kaneva, said this week.
I’d like to ask Natasha where she expects the strong driving demand to come from. Folks taking vacations and driving there. There’s no baby formula on the effing shelf and this nitiwit thinks folks will be worried about driving down to the Florida panhandle for a vacation.
Truly out of touch folks out there making ridiculous statements.
Yet plastic Pelosi said that come hell or Highwater they are going to maintain Congress! Makes your wonder what kind of Mischief fraud is coming our way in November. Oh yeah, forgot, Pennsylvania is already showing us how election night is going to be handled. Remember it’s who counts the votes that matters. You will not know who won that night for days and weeks while they fix the votes. The FIX IS IN! She just showed her cards again like she did in the 2020 presidential election. She guaranteed her base and the nation a 100% Biden victory. She knew it was fixed!
I filled o our one remaining vehicle up this week at $6.05/gal for regular.
There was a Trump sticker, (miss me yet!) and a Brandon Sticker saying I did that on the gas dispenser.
Our total cost was $81.
While filling our vehicle, a guy, 3 gas pump stands away was cursing loudly and yelling about going broke thanks to Biden and democrats. He apparently had pumped over $100 into his pickup and had more to go.
A guy one row of pumps from me in a loud voice said, “Fricking pump shut me off at 10 gallons!” Another guy said, “That is the maximum your credit card will allow until you pay your bill!”
I finished and left before anyone became violent.
PS: The station had a new electronic sign that will show 5 digits of gas prices.
The idiot in front of me was cleaning his car windows and laughing. Another customer told the laugher, that he was a flipping idiot. I decided that it was time to leave and drove by the laughing one.
Sounds pretty weak and lame, the target for Gasoline is $10 a Gallon by September.
Okay, everybody back to working at home to save money on gas!
I predicted revolution at 5 dollars.
I also predicted Connecticut gun owners would storm the governors mansion of they had to register firearms.
Don’t take me to the track.
Diesel will be 8 by august and gas 7.30 in San Jose CA.
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