Tag: price controls
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Oil Prices Are Going Much Higher
WTI crude is at $116 and going higher. $150? $200? Who knows. There are several key factors that support higher prices: Summer vacations for most states begin in June which will obviously put upward pressure on the price of oil. The ongoing war between Russia and Ukraine will provide a floor for high oil prices.…
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More Lines To Come With Price Controls
It is starting to feel like the 1970’s with out of control fiscal spending, inflation and now gas lines. We only have gas lines in certain parts of the country today as local government officials exercised gas price controls during the Colonial Pipeline shutdown. We could very well see similar price control policies from the…
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