Prepare for $7.00 GAS PRICES. And Economic Collapse (Just Like 2008).
Gas Prices SOAR to over $4 Per Gallon across America. Oil Prices are up to $120 Per Barrel. The last time this happened was 2008. And there was a brutal Economic Crash and Recession Shortly thereafter.
US Gas Prices are skyrocketing right now due to the Russia / Ukraine Crisis. The average across America is $4/Gallon and over $5/Gallon in California. And they could be surging higher in coming months if the Russian Invasion of Ukraine persists.
The last time gas and oil prices went this high were the summer of 2008. There was a big Economic Recession, Housing Crash, and Stock Market Crash shortly thereafter. And nearly every time there has been a big spike in gas prices over the last 50 years, a recession has followed.
The states with the highest gas prices in include California, Oregon, Nevada, and Washington. After adjusting for how much people drive, California and Texas have the highest annual cost of gas prices for American Consumers.
Why do higher gas prices tend to cause recessions? Because higher gas costs are a tax on the American consumer. And the increase in gas prices over the last year accounts for a nearly $200 Billion tax on Americans.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Videvo. http://www.videvo.net/
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
#GasPrices #Russia #EconomicCrash
Видео Prepare for $7.00 GAS PRICES. And Economic Collapse (Just Like 2008). канала Reventure Consulting
US Gas Prices are skyrocketing right now due to the Russia / Ukraine Crisis. The average across America is $4/Gallon and over $5/Gallon in California. And they could be surging higher in coming months if the Russian Invasion of Ukraine persists.
The last time gas and oil prices went this high were the summer of 2008. There was a big Economic Recession, Housing Crash, and Stock Market Crash shortly thereafter. And nearly every time there has been a big spike in gas prices over the last 50 years, a recession has followed.
The states with the highest gas prices in include California, Oregon, Nevada, and Washington. After adjusting for how much people drive, California and Texas have the highest annual cost of gas prices for American Consumers.
Why do higher gas prices tend to cause recessions? Because higher gas costs are a tax on the American consumer. And the increase in gas prices over the last year accounts for a nearly $200 Billion tax on Americans.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Videvo. http://www.videvo.net/
---
CHANNEL MEMBER: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
INSTAGRAM: https://www.instagram.com/reventure_consulting/
TWITTER: https://twitter.com/nickgerli1
CONACT US: https://reventureconsulting.com/contacts/
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
#GasPrices #Russia #EconomicCrash
Видео Prepare for $7.00 GAS PRICES. And Economic Collapse (Just Like 2008). канала Reventure Consulting
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