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President of Lipow Oil Associates Andrew Lipow examines forecasts in U.S. gas prices, the outlook on Nord Stream 1 re-opening in Europe, and geopolitical pressures in the energy market as G7 nations seek a price cap on Russian oil.
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6 Comments
$4/gallon is hardly a win!
And yet diesel holds steady at $6 ,which means continued widespread inflation for this year and next…
Thank you Joe for graciously granting us peasants this gift of 50 cents a gallon. I’ll make sure to buy masks with the savings…
Oh, no, we are getting poorer!
One crisis after another!🤔
That older guy is a pickle puffer for sure.
The longer they keep gas prices higher, the better it is for everyone in the long term because people will be forced to find alternatives and once they do, that destroyed demand for gasoline will be gone permanently creating a sustained lower demand for gas.
I can't afford an EV but every EV I see on the road puts a smile on my face because every EV represents lower gasoline demand which in turn lowers gas prices for me.