Are you ready for what is coming next? Are you ready to pay six dollars for a gallon of gasoline? Are you ready to pay much higher prices for everything at our major stores as the price of diesel goes haywire? Are you ready for widespread blackouts all over the U.S. this summer? Unfortunately, we are being warned that all of these things are coming. The worst energy crisis in U.S. history is poised to get even worse in the months ahead, and there is no “silver bullet” on the horizon which is going to magically solve our problems. The refineries that we need are not being built and the drilling that needs to be done is not really happening. Of course energy supplies are getting tighter and tighter all over the globe, and things will go to an entirely new level once the next major war starts.
Needless to say, things are bad enough already. On Sunday, the average price of a gallon of gasoline in the United States set a brand new all-time record high of $4.61 a gallon…
Gas prices in the US soared to record heights again Sunday, reaching an all-time high of $4.61 per gallon.
The number is more than 50 percent higher than the cost of a gallon a year ago. It comes as gas prices have continued to climb during Joe Biden’s presidency, and as millions of Americans are poised to travel by road for Memorial Day weekend.
A 50 percent increase in just one year.
Just think about that.
To my knowledge, we have never seen anything like this before.
If you can believe it, the average price of a gallon of gasoline has jumped 25 cents over the past six weeks.
That is crazy, but we are being warned to expect significantly higher prices “by the end of the summer”…
Experts say that number will likely surpass the $6 mark by the end of the summer – as pump costs in West Coast cities such as Los Angeles and San Francisco already meeting that mark earlier this month.
I still remember when I could get 20 gallons of gas for 20 dollars.
Soon, 20 gallons of gas will cost all of us 120 dollars.
Who can afford that?
The price of diesel has been increasing at an even faster pace.
In fact, it has risen a staggering 75 percent since last Memorial Day…
Diesel prices are up as well – by a whopping 75 percent from Memorial Day last year – at around $5.50 a gallon, also an all-time record.
The rising cost of the fuel – commonly used by truckers for their rigs – has further hampered America’s embattled economy, driving up prices of good being transported cross-country by truckers, who are now electing for shorter routes due to the ‘unprecedented’ increase.
‘I can pretty much count on setting on fire $5-$700 a day…minimum,’ 22-wheel driver Eric Jammer told NPR Saturday of the rise in diesel costs seen over the past 12 months.
The trucks and trains that bring our goods to the stores run on diesel.
Diesel is only going to get more expensive from here, and America’s companies are going to pass those cos…