Gas Prices Are Spiking Again and Could
Hit a New Record High Soon

Biden said that taking oil from the reserves would reduce the price. They were taking oil for 180 days. Oh, he's giving it mostly to Europe. Not us. These states need to de-certify the elections so we can get an Adult back in the Oval Office. The states lack of responsibility is prolonging this disaster.

And by design it's going to get worse. They want to break our spirit and break us financially. Those that live in cities that don't have cars think this won't touch them..........everything gets trucked in and everything is going to continue to rise in price.

I just paid $6.29 a gallon at the cheap station here in San Diego. I left behind an 'I did that' sticker.

Diesel prices are through the roof. Went up here by $.30-.40 this week. Makes it $5.39-5.49/gal.

This is absolutely according to plan: Barack Obama's plan for the "radical transformation" of America into a communist police state. Ruin access to healthcare. Limit access to personal transportation. Kill jobs. Restrict personal freedoms. Restrict free speech. Attack religion. Advance perversion. Make ordinary people afraid to speak out. Call dissent "domestic terrorism." Divide families. Spy on the populace. Increase prices. Open borders. And finally, starve them to death. He's in the Oval Office (Biden doesn't use it) rubbing his hands together in glee.

and the price of diesel fuel is way worse.

The sanctions on Russian oil have already been priced into the market at above $100. The reason that is going back up is because of Biden's announcement that they were stupidly buying back the same oil at higher prices that they released from the SPR a month before. As noted in the article, the only people who benefit from this are the oil companies that hold oil reserves. Biden's handlers are once again doing everything they can to destroy the American economy. My theory is that they are being directed to do this by their Chinese handlers who now realize that China is going into recession due to the lockdowns and they need to prevent the US economy from recovering from the pandemic and leaving them in the dust. This is also why the interest rate hawks on Wall Street are pressing the Fed for additional hikes that will guarantee a US recession. Most of the "inflation" that they are chasing is from energy costs and new/used auto prices that have plunged since March. Keeping energy costs high would force the Fed to tighten and cause the US to follow China's ongoing contraction.

The Rescue Squad that I drive is Diesel. It used to cost $60 bucks to fill it from half to full. Now it runs $110 to 125.00. I fill my truck with gasoline it was $20 to fill it from half. Yesterday I put $25,oo dollars in it and it got to 3/4 on the gauge. I bought 15 Gallon of Non-ethanol for the boat. $75.00. I have to tell you this is putting a hurt on my budget, and that is only the half of it. My wife spent $250 dollars at the grocery store and didn't buy any meat yet. Wow. I am on a fixed income and it's starting to look scary.

Rising prices are Biden's policy.

Soon the economy will tank and no one will be driving to work or play. The 1982 and 2008 recessions will be mild compared to 2022. It will take MAGA to turn it around.

Keep in mind that shipping companies don't pay for gas. You do when they pass their cost on to you and me.

The man behind the curtain, happily creating a mess that can't be cleaned up. The goal of communist elites, front by Obama. Biden is a stooge. Crashing the economy, rampant inflation, food and fuel shortages, refugees who will overwhelm the social services and court. This has been the plan of every Bobby Ayers long haired hippy type pinko since 1965. The death of American excellence comes at the phone and pen of Obama and the networks of Maoist socialists in the federal government.

From today's WSJ: “We’re not doing what we’ve done before, which is getting really good at oversupplying the market and essentially crashing prices,” said Clay Gaspar, Devon’s chief operating officer. Efforts to boost production would just accelerate cost inflation for oil-field equipment, steel and labor, eating into profits that companies are supposed to send to shareholders, executives said. Prices for various equipment have risen 15% or more for companies that have steadied activity levels, but more aggressive producers would likely see prices for drilling rigs 40% to 50% above last year if they attempted to substantially grow production, Mr. Gaspar said. “That’s where your margins really start to erode.” To me, I think is is a giant FU to the Biden Administration and Green New Deal. They want the oil left in the ground? OK , no expansion of drilling is what you wanted and now you have it. There is nothing wrong with returning money to investors. I'm one of them and so are many others who hold energy stocks and mutual funds.

I filled up yesterday for $3.69 which is almost exactly TWICE what the gas prices were under President Trump. Dems are evil people, robbing everyone, all the time.

Los Gatos, Ca., Chevron station, $6.15 for reg.