Gas and Oil to the Moon

As we all know, gas prices are significantly higher than what they were just a few weeks ago. Since the onset of the Coronavirus, the entire economy has been on a rollercoaster and we have faced a global shutdown that lead to a huge supply chain problem, which then lead to all time high inflation since 1982. We also know that the Keystone XL pipeline project was officially abandoned in June of 2021 by President Biden due to the environmental damage it would cost, we have been anticipating rate hikes from the Federal Reserve, and of course there is currently a war going on between Russia and Ukraine. All of these variables are now having us ask if we are facing a recession. We know that the recent price surge of gas and oil may have to do with some of these events but with all of this stuff going on it can be difficult to put a finger on why the price of gas and oil are increasing. In this video I dig into each of these topics to get a true understanding of why the price of gas and oil are rocketing.

During these hard times, remember that there is people facing the loss of life in Ukraine. Please give your thoughts and prayers to those who are fighting for their lives over there.

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