by Chris Black
Oil is trading for less than $100, and historically that means $2.40-$2.80 gasoline.
We didn’t get above $3.00 during the mega bull run of 2005-2008 until oil hit $110.
Even with $147/barrel, gasoline averaged $4.25. Diesel was never $6.
#OPEC Counter Acts The SPR Release, Despite A Tight #Oil Market, As It Decides To Cut Daily Output – From Fist-Bump To Fisted: Oil Surges After OPEC+ Agrees On 100Kb/d Production Cut pic.twitter.com/0RdejbJ3Ef
— Crush The Market (@crushthemarket) September 5, 2022
Prior to the idiocy of the last decade, the spread between 87 and 92 was at most $.30. The spread is now $1.00 or more at many gas stations.
Gasoline isn’t even close to correcting to a normal price per barrel of oil, currently over a $1 premium, allowing crack spreads to stay at ludicrous levels, all due to the futures market putting a bid on wholesale gas, at the same time as oil.
It is a rigged game and we are all paying the price.
So what is fair when it costs $6 to get it oil of the ground?
Certainly not $100.
There is a special premium that everyone pays, and it goes to benefit Israel. Billions of dollars are laundered back around the world so the chosen can buy up everything.
The Saudis are controlled by Israel and the oil trade dependent on the futures market.
Play the game, and reap the rewards. Go against the dealer, and watch yourself get thrown to the curb.
AIPAC exists to promote pro-Israel policy at the expense of America. Of course the politicians that support this position are rewarded with kickbacks.
It is how penniless creatures who head to Congress become millionaires seemingly overnight, all to push the Great Con.
Off goes your tax money and it gets laundered back so Jewish “investors” can buy up your neighborhood and businesses, putting everything under their control.
Blackrock barely existed until the dotcom crash.
Out of that coordinated destruction of the economy, Blackrock came out with a few hundred billion dollars and controlling interests in dozens of companies. Then the controlled demolition of 2008 happened and the US Government turned to Blackrock again, where they took over Bear Stearns and AIG, thus becoming the largest asset management company on the planet.
They now control over $10 trillion worth of the world economy, two times the entire GDP of the United States in 1988.
Who controls Blackrock?
Definitely not gentiles.
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