@nytigerfan this one is for you. Your gas argument is getting ready to go further under water. China Joe and Kamalatoe telling us we have to suck it and smile in order to protect Ukraine sovereign borders and freedom all over the world when in reality China Joe is bought and paid for after all that money Ukraine has funneled to him via Hunter and other means. In the meantime the US southern border is wide open for any and all to come as they please. Illegal aliens have an easier time crossing into the US than a natural born citizen at this time. What a sad state of affairs and its due to the keystone cops of the dirty dem party that you and the other libs on here support to the end.
nypost.com
By
Ariel Zilber
February 17, 2022 1:09pm
Updated
Gas could hit $7 a gallon if Russia-Ukraine tensions escalate and demand ticks up even further as the weather gets warmer and more Americans hit the road, according to an energy markets analyst.
“My guess is that you are going to see $5 a gallon at any triple-digit [oil prices] … as soon as you get to $100,” he said. (Oil prices on Thursday were around $92.)
“And you might get to $6.50 or $7,” if oil prices were to eclipse $150 a barrel, Energy Word founder Dan Dicker told Yahoo! Finance Live.
Dicker warned that oil prices could approach that $150 a barrel mark, which would be the highest ever recorded.
Gas prices could reach as much as $7 per gallon if the global price of oil reaches $150 per barrel, according to an energy markets analyst.Getty Images
The last time crude was anywhere near that expensive was 2008, when the world was in the grip of a massive financial crisis. At the time, the price of a barrel of oil reached $147 and gasoline rose to as much as $4.09 a gallon.
Analysts said that there is no sign of slowing demand, while OPEC — the group of oil-producing nations — has shown very little inclination to boost supply.
The prospect of a Russian invasion of Ukraine coupled with rising demand and tight supply in the oil market has led to a surge in gas prices, according to analysts.SOPA Images/LightRocket via Gett
If Russia invades Ukraine, the West could retaliate by sanctioning Moscow, which could further put a strain on oil supplies.
Russia is one of the world’s largest producers of crude, accounting for some 10% of global demand. It is also Europe’s largest supplier of natural gas, which is critical for generating heat and electricity.
As of Thursday, the average price of a gallon of gasoline stood at $3.52 nationally — or 22 cents more than it cost a month ago and more than $1 additional per gallon when compared to a year ago.
Already soaring gas prices could reach $7 a gallon, one expert warns
One expert has a warning for Americans who are shocked now at the soaring price of gasoline: You ain’t seen nothin’ yet.
nypost.com
By
Ariel Zilber
February 17, 2022 1:09pm
Updated
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Gas could hit $7 a gallon if Russia-Ukraine tensions escalate and demand ticks up even further as the weather gets warmer and more Americans hit the road, according to an energy markets analyst.
“My guess is that you are going to see $5 a gallon at any triple-digit [oil prices] … as soon as you get to $100,” he said. (Oil prices on Thursday were around $92.)
“And you might get to $6.50 or $7,” if oil prices were to eclipse $150 a barrel, Energy Word founder Dan Dicker told Yahoo! Finance Live.
Dicker warned that oil prices could approach that $150 a barrel mark, which would be the highest ever recorded.
Gas prices could reach as much as $7 per gallon if the global price of oil reaches $150 per barrel, according to an energy markets analyst.Getty ImagesThe last time crude was anywhere near that expensive was 2008, when the world was in the grip of a massive financial crisis. At the time, the price of a barrel of oil reached $147 and gasoline rose to as much as $4.09 a gallon.
Analysts said that there is no sign of slowing demand, while OPEC — the group of oil-producing nations — has shown very little inclination to boost supply.
The prospect of a Russian invasion of Ukraine coupled with rising demand and tight supply in the oil market has led to a surge in gas prices, according to analysts.SOPA Images/LightRocket via GettIf Russia invades Ukraine, the West could retaliate by sanctioning Moscow, which could further put a strain on oil supplies.
Russia is one of the world’s largest producers of crude, accounting for some 10% of global demand. It is also Europe’s largest supplier of natural gas, which is critical for generating heat and electricity.
As of Thursday, the average price of a gallon of gasoline stood at $3.52 nationally — or 22 cents more than it cost a month ago and more than $1 additional per gallon when compared to a year ago.
