UNSUSTAINABLE SITUATION
This post is going be about my opinion regarding the global crises that are directly connected to oil. As is the case with every opinion that I post about, it is based on history,
Today, the price of Brent Crude Oil reached $120 (the highest it has been during the Iran War). The national average price of gas in the United States is roughly $4.29. a gallon. Most gas stations around where I live have the price around $5 a gallon, and the ongoing closure of the Strait of Hormuz render the current situation as unsustainable.
In my opinion, the situation all around is going to drastically worsen until the Strait of Hormuz is fully open again
If you live in the United States, in the comments put what the price of gas is where you live. If you live in another country, add what country.
Here in Bellefontaine, Ohio most of the gas stations are currently at $4.99 a gal. I’m not sure about diesel, but I know it’s been going up.
ReplyDeleteThere are a lot of farmers here so this is all so very concerning,.