The traded price of gasoline is ramping. Party’s over folks. Here is a chart of the traded price of bulk gasoline before taxes etc.
I had direct visibility on a large multi-national corporation's fuel hedging results over a 15 year period.Predictive accuracy in commodities pricing is a fool's errand.
Unless those henchmen get US federal and state taxes increased like the space shuttle, or require some additional expensive treatments included with fuel, future prices will continue to trend generally as the commodity prices trend.HA! You ain't seen nothing yet. For the next 4 years gas is going to shoot up like the Space Shuttle. Well, here in the US anyway. The new Gestapo and their henchmen are about to put it to us!
They have always thought that they have blank checks and can write them out for ANY amount they want.Unless those henchmen get US federal and state taxes increased like the space shuttle, or require some additional expensive treatments included with fuel, future prices will continue to trend generally as the commodity prices trend.