President Joe Biden - Kamala Harris Administration

Americans are getting hammered at the pump! Bank of America predicts crude oil will skyrocket 43% to $120 a barrel by next summer with gas prices already at a seven-year high of $3.40

In a note this week, Bank of America's head of global commodities Francisco Blanch said he expects the Brent crude benchmark to hit $120 per barrel by July 2022, according to Bloomberg.

That would be a 43 percent increase from current prices, which at around $84 per barrel are at their highest level since 2014.


Bank of America predicts crude oil will skyrocket 43% to $120 a barrel by next summer | Daily Mail Online

It cost me close to $60 just to fill up a sedan.
 
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Biden is creating an unprecedented national crisis on multiple fronts. We cannot be functional with these policies
I was thinking the same thing this morning. At the rate we are going, I'm not sure the nation and economy can survive for his full term. We are headed toward a massive crisis and -- quite possibly -- a violent conflict.
 
Americans are getting hammered at the pump! Bank of America predicts crude oil will skyrocket 43% to $120 a barrel by next summer with gas prices already at a seven-year high of $3.40

In a note this week, Bank of America's head of global commodities Francisco Blanch said he expects the Brent crude benchmark to hit $120 per barrel by July 2022, according to Bloomberg.

That would be a 43 percent increase from current prices, which at around $84 per barrel are at their highest level since 2014.


Bank of America predicts crude oil will skyrocket 43% to $120 a barrel by next summer | Daily Mail Online
Just in time for the midterms to be in full swing. This seems like another nail in the democrat's coffin.
 
The Marxist Gang Of Four Running the Biden Presidency.
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The arbitrary 100 number is fantastic.

If I had that size business and could afford it, I'd fire vaccinated people until I got to 99.

While any mandate is ridiculous, the 100 employee threshold isn't completely arbitrary. It is based on the federal government's definition of a small business being those companies with fewer than 100 employees. I'm not saying it isn't stupid. It is stupid. They didn't pull the 100 employee out of thin air for this rule though. The federal government specifically exempts small businesses from a lot of the BS rules and regulations.

Also...yes. Companies with 100 or slightly over 100 employees have planned poorly. They should relieve themselves of a few so they don't have to comply with the federal government's BS regulations, but this is nothing new. The federal government has always applied BS regulations to companies with 100 or more employees, so companies already should have been drawing that line in the sand.
 
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Americans are getting hammered at the pump! Bank of America predicts crude oil will skyrocket 43% to $120 a barrel by next summer with gas prices already at a seven-year high of $3.40

In a note this week, Bank of America's head of global commodities Francisco Blanch said he expects the Brent crude benchmark to hit $120 per barrel by July 2022, according to Bloomberg.

That would be a 43 percent increase from current prices, which at around $84 per barrel are at their highest level since 2014.


Bank of America predicts crude oil will skyrocket 43% to $120 a barrel by next summer | Daily Mail Online
U.S. Regular All Formulations Retail Gasoline Prices (Dollars per Gallon)
I think you guys could use a little perspective.
From Feb. 2016 thru Oct. 2017 (Trump's comparable time at the beginning of his term), gas prices increased 30%.
From May 2019 thru Oct, 2021, gas prices increased 15%.

So it actually seems as if Biden is doing twice as good as did Trump.

But you guys keep going with your sky is falling narrative, it gives you something to do.
 
U.S. Regular All Formulations Retail Gasoline Prices (Dollars per Gallon)
I think you guys could use a little perspective.
From Feb. 2016 thru Oct. 2017 (Trump's comparable time at the beginning of his term), gas prices increased 30%.
From May 2019 thru Oct, 2021, gas prices increased 15%.

So it actually seems as if Biden is doing twice as good as did Trump.

But you guys keep going with your sky is falling narrative, it gives you something to do.

Do you really believe all the BS stuff you post?
 
Do you really believe all the BS stuff you post?
I posted a link that contains the data.
Everything I posted is 100% accurate.
Do the math, it's not hard.
Sorry it doesn't fit the false narrative the gullible are so easily led to believe.
 
I posted a link that contains the data.
Everything I posted is 100% accurate.
Do the math, it's not hard.
Sorry it doesn't fit the false narrative the gullible are so easily led to believe.

They use cherry picked dates to try to make a point. They picked the starting date of Feb 2016 because it was the lowest price point since 2004. When you repost this BS you are the gullible one.
 

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