Search Results: gas prices

Given that there are over 10,000 Americans currently trapped in Afghanistan, record numbers of people crossing the border illegally, inflation not seen in decades and gas prices through the roof, do you think the Biden/Harris regime will lock down the US, or cause an "internet blackout" to distract from thier attempted take down of America?

This idiot takes US off self dependent Oil and wants to buy more foreign oil. He pays people not to work , and cuts oil industry jobs that pay well. It would be cheaper to make out own oil and it creates high paying jobs. But very slow Joe shuts down the pipe line first day he appointed himself President. Now gas is heading for $4 a gallon. Inflation skyrocketing. I hope the actual 40% if American ass holes that voted for him are happy.

Gas is up to $3.29 a gallon here , but I have not seen as many Mopeds as I thought I would. There were a lot when gas got to $4.25 here. Maybe because you have to have a license to use one here now.

This one goes 107 MPH

Here is why I think it is not in good shape:
1) Gold is high at $1800 plus , usually gold is under $1000 when economy is good
2) Gov't is still buying assets
3) Gas at $3.15 to $5.00 a gallon. Usually gas is $1.25 to $1.95 in good times
4) Unemployment is really 22% , Gov't stops counting people. 6% is good
5) Wages are not going up and they increase 1.5 to 2% with good economy.
6) Velocity of money is lowest ever. That is when you get paid and you buy, then that guy b buys., then the net guy takes that money and buys and economy expands..
7) Banks are eliminating credit lines , they are increased in good times.
8) Record store closings and bankruptcies.
9) Mergers and take overs.
10) States are using universal payments to give people. Never done before
11) Gov't still handing out stimulus checks, this is stimulate economy , why would you need that in a good economy. Not in 1950's , 1980's, or 1990's
12) All time high debts with consumers , businesses and Gov't
13) All time high grocery prices
14) shortages of food and other items.
15) Inflation of 13% , that is the actual rate with all items figured in, not the gov't limited
items.
16) Interest rates are still near 0% and normal rate is 6% .

My Etsy sales have dropped off the cliff , and I was doing pretty well and others on Etsy have dropped also The the last two months will be my worse two. My business service is even down some and it never did in 2008 to 2011.

I lived through 1970's and 2008 to 2011 , and they were not like this. Probably more damage was done in 2008 -2009 than we really knew. .

Now what happens if we have another 911? Or if another housing crash? Or stock market crash? Print $100 Trillion out of thin air?

The record for my area is $4.15 and that was in 2012. I think August 2012. Texas usually has lowest price. California and Hawaii the highest. Mainly because half of their price is taxes added on.

We are in a 1970's type inflation pattern. Gas will reach $4.50 a gallon easy. The prices above are average prices in US. California , Alaska, and Hawaii should reach $8.50 a gallon.

I predict 26% inflation from now 2021 to 2030. The next 9 years will be brutal. I also expect trillions and trillions of stimulus money over this time.

You will see a Covid type reaction with no one shopping stores.