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[quote=Anonymous][quote=Anonymous]Gas, oil, natural gas going to go up quite a bit. We will see $4-5 a gallon soon. 
This will lead to a global recession, not just USA. Interest rates and inflation will go up in coming months. [/quote]

42% of our electricity is generated from natural gas. Thanks to Trump and republicans we are exporting massive amounts of natural gas which is driving up the price of natural gas in the US. Wait till you get your electricity bill and gas bill. Meanwhile the rest of the world is quickly moving to solar, wind and batteries for their power. Australia has dropped the cost of electricity by 64% while growing its grid by 8.7% since 2023.

Diesel and gasoline prices are going up. That will increase the cost of food and everything that is shipped.

China has actually reduces its oil demand used in transportation with the adoption of EVs passenger cars, semi trucks and buses. Each EV on the road that replaces an ICE reduces oil demand by a factor of 2.

If oil goes above $100 there now is an alternative that is cheaper. Hell when oil was $50 a barrel EVs were cheaper in the rest of the world and taking over the new car market. In 2025 excluding the US new EV sales were 25% of the new car market and projected to grow at 20%. If oil prices stay high the growth rate will increase. Look at Cuba. Trumps oil blockade is force them to install solar and use EVs. Cuba is flat broke.

Trump and republicans will continue to keep inexpensive EVs, solar, wind and batteries out of the US and drive up energy prices.

Hopefully there will be no gas lines in the US like in the 1970’s. [/quote]

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