The Cure for High Oil Prices is…

The old and resilient saying among the investment community “the cure for high oil prices is high oil prices“ has been consistently true since oil came to use as a commodity.

Crude oil is making a major breakout to the upside.

Unfortunately, hardly anyone is paying attention.

Maybe it’s because the world is still focused on the CoronaHoax and Klaus Schwab’s failing GREAT RESET.

Or Maybe the incompetence of Stinky Joe’s administration is shifting the focus on a war with Russia over Ukraine.

Or Maybe, JUST MAYBE, the Saudis – who have been very quiet lately – have cut major deals with Russia, China, AND Iran and are going to force the price of oil up while they stab the USA in the back.

Huh?

High Oil Prices Coming Soon

At the rate things are moving we could see record high oil prices by the first quarter of 2023.

And by then most of Stinky Joe’s cabinet will be saying, “I’m Shocked I tell you…Shocked!  Who Could’ve Foreseen that Coming?”

Stinky Joe’s handling of Russia/Ukraine has created a serious diplomatic crisis.

Making things worse, Secretary of State, Anthony Blinken, has reasserted the Cold War approach.

But the bottom line is Wang Yi – Foreign Minister of the People’s Republic of China – has confirmed that China backs Russia with respect to Ukraine.

The Stinkmeister’s ridiculous threats of sanctions against Russia not only hurt Europe, but China as well.

Expect High Oil Prices

And the blowback from that will harm the USA in that energy prices could rise sharply.

Meanwhile, the Saudis * are watching the drama unfold while licking their chops and watching the western world play right into their greedy hands.

( * Read: Why Oil Prices Don’t Make Sense HERE)

It doesn’t take a rocket scientist to figure out who profits the most from High Oil Prices.

(Cough! Oil companies, Cough! Saudi Arabia, Hairball Cough!)

And when the Saudis combine forces with Russia, China, and Iran, who’s going to stop them?

For nearly 50 years the Saudis have enjoyed protection, courtesy of Uncle Sam.

But their oil wells are drying up.

And they’ve been making some desperate moves – especially in the last 5 years – to keep the House of Saud from collapsing.

Learn what they’ve done – and are continuing to do – in order to keep their stronghold on the global oil market in our February edition of “…In Plain English” (HERE).

What they’ve already done may shock you.

But what they’re planning on doing may is worse.

Learn how to use their motives to prosper AND thrive in Turbulent Times by becoming a member of our free-thinking club at FinancialsMatter.com (HERE).

Share this with a friend…especially if they drive a gas guzzler.

They’ll thank YOU later.

We’re Not Just About Finance.

https://www.financialsmatter.com/category/in-plain-english/