Imagine gas prices in Idaho tripling as the price of oil climbs to $ 300

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Oil prices fell last week. Not enough to notice a big difference at gas pumps. Part of the loss is a reaction at the World Climate Summit and participants’ hostility to what they call fossil fuels. Take into account the economic uncertainty and fears of a global slowdown and we could see a bear market coming. Record gasoline prices in the summer of 2008 collapsed as the financial sector collapsed in the fall.

Imagine $ 300 a barrel of oil

However, not everyone bets on a meltdown. Click on ite to see what I’m talking about. Some traders believe that oil could reach $ 250 to $ 300 a barrel. We are talking about a tripling of the price of a barrel of Brent Crude! At the high end of this forecast, the increase is closer to a quadruple peak. Now walk past the local pumps in your neighborhood and look at the current price. Double or triple in your mind what you see.

We live in one of the most stable, if not the most stable, countries in human history. If you suddenly find yourself paying ten to twelve dollars a gallon, you can say goodbye to stability.

America could be heading for revolution

A really solid bet is that Joe Biden is a single term president. Or maybe it won’t even get that far. Because if fuel prices are in double digits a year from now, you can imagine what you’ll pay for a head of lettuce. That is, we could witness an ugly, ugly revolt.

Some in the alternative media go so far as to say this is all intentional. Fox News Channel’s Tucker Carlson is one of them. Check out his comments below.

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