Crude oil has begun its run higher… today hitting $83.54, and this may just be the beginning.
NEVER FORGET THAT CRUDE OIL IS THE LIFEBLOOD OF THE SYSTEM.
What this is going to come down to is much higher consumer prices across the board. ALSO AS WE EXPECTED.
Ever wonder how many products are made with crude oil?
6,000
Petrochemicals derived from oil and natural gas make the manufacturing of over 6,000 everyday products and high-tech devices possible.
GM
Wouldn't have this problem if the current so called administration had NEVER been INSTALLED .
We were and could still be energy independent but the enemies in and of this land didn't want us in that position.
Easily $100 by end of the year.
Countries like Colombia, which is heavily dependent on oil exports, will similarly have this reflected in their currency valuations.