Full screen recommended.
"Gas Stations Will Run Out Of Fuel And Prices
Will Explode This Summer As Supplies Collapse"
by Epic Economist
"How would your budget be affected by a $2 increase in the cost of a gallon of gas? That’s the prospect millions of Americans are facing without even knowing. With the administration boycotting projects to ramp up domestic gasoline production at a time inventories are falling in the US and around the world, expensive prices at the pump will become our new reality, and our stations will face even higher risks of outages and prolonged shortages as fuel supplies continue to get hit from all sides. That’s what we’re going to expose in today’s video.
There has never been another period in the 21st century where global and domestic fuel production faced so many cuts and disruptions as they do in 2023. Not only in America, but all over the world, inventories are rapidly falling, and there isn’t enough capacity to rebuild supplies and stabilize prices for consumers in the long run, a new report shows.
In other words, we are going to be forced to cope with much higher gasoline prices due to a global shortage of fuels. But the bigger and most worrying threat is at home – with the administration planning to enforce regulations that ban gasoline-powered cars, prohibiting drilling in key areas, and canceling leases that would allow us to develop our own resources. That is pushing US fuel reserves to the limit, and those decisions are being made at a time when demand is expected to continue rising, adding further pressure on the cost of a gallon of gas.
At the same time, a big gasoline stockpile drop is making analysts sound the alarm about potential outages and shortages, especially after one single disruption caused by a heavy storm in Oklahoma this week left many stations without fuel, a scene that can be repeated in several other states that are prone to extreme weather events and are running low on fuel supplies.
To make things worse, the administration is restricting gasoline production in a number of ways, and that will have major consequences in our lives in the short and long term. According to a new analysis published by the Foundation for Economic Education, the US government has single-handedly made the gas crisis worse by closing the domestic supply chain, prohibiting drilling in key areas, and now canceling leases that would allow us to become completely independent from international suppliers.
This action will halt the potential to drill for oil on over 1 million acres on the Cook Inlet in Alaska, which will be a devastating loss for those trying to increase the oil supply in the country. Not only did the government cut this lease, but they also stopped two other pending leases in the Gulf of Mexico claiming there were “conflicting court rulings that impacted work on these proposed lease sales.”
Our government is willing to throw our citizens under the bus so they can reach a false, net-zero emissions utopia. And the reality is that they want to give us smaller wages and be forced to pay over $5 for a gallon of gas in order to reach their goal. But we shouldn’t have to sacrifice lives to save the planet, and it’s time our politicians finally wake up to that."
Comments here:
No comments:
Post a Comment