The Pickled Prepper
Home Prepper News Update JP Morgan Sees Oil Price Above $185

JP Morgan Sees Oil Price Above $185

1
Pumping oil from the ground, Image by John R Perry from Pixabay.
Pumping oil from the ground, Image by John R Perry from Pixabay.

JP Morgan expects the European Union to ban Russian oil imports next week, which could send Brent oil from around $103 to $185 per barrel. That could send gas prices us an additional $3 or so per gallon. When oil prices rise, they send up the cost of transporting food and goods, creating further inflation.

Published 4/19/2022. Read the full article.

1 COMMENT

  1. $10 gas by summer and Biden will still be shipping boatloads of oil (spr that trump bought) to Europe.

    Soon he will be sending our food to other countries in a food crisis…. And Americans will do nothing but complain

Comments are closed.

The Pickled Prepper Blog
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.