$10 Gas Price Spike Prediction
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Summary
In this video, I explain why I believe gas prices could go to $10 per gallon in the next 24 months, based on a lot of different factors. Gas prices are already high around the world, and could they continue to rise even higher. In this video we look at which countries are the most and least expensive in terms of gas prices, as well as which countries have the most EV and hybrid vehicles being driven, and is there a correlation between countries that are going green and high gas prices?
Transcript
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I'm going to make a case to you today why I believe gas prices in the next 24 months
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$10 per gallon, next 24 months, based on a lot of different factors.
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If you agree with my argument, once I make it, smash the thumbs up and subscribe to the
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By the way, we're going to look at the following data in today's video.
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Number one, we're going to look at which country gas prices are the most expensive as well
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We're going to look at which countries have the most EV, electric vehicles being driven,
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and is there a correlation between countries that are fully going green and high gas prices
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because they're trying to influence people from not driving gasoline-powered cars.
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We'll look at gas prices the most in cities, states, and we'll look at consumption, we'll
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look at many different data, as well as auto manufacturers, are they going away from gasoline-powered
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Number one, Biden administration makes the move to go electric vehicles.
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And remember that he has control by creating additional taxes to influence you to get away
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Now you have to realize that car auto manufacturers make decisions based on having lobbyists that
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are working with the government, whispering to them, you better get away from oil, gasoline-powered
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All the promises automakers have made about electric cars.
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It's what you're looking at here, February 14, 2021.
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Jaguar's talking about that's the direction they're going to go in 2022.
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Mercedes is coming out with their EQS by the end of the year in 2022.
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Ford intends to start production of F-150 Lightning, which is an electric version of America's best-selling
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Mazda's planning on coming out with theirs.
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Nissan, eight EVs by the end of the year in 2023.
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In 2024, Land Rover's going to be all electric vehicle cars that are coming out with Volvo's
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2025, Audi plans on having 30 electrified vehicles by 2025.
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BMW said as early as 2017 it expects to have hybrid and electric vehicles to account for
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Ford says it's investing $29 million, billion dollars into it.
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Hyundai, you know, Toyota plans to launch 60 new hybrid cars is what they're talking about.
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Volkswagen is talking about one and a half million.
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By 2030, a UK ban on the sale of diesel and gas-powered cars is expected to go into effect.
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By 2030, a UK ban on the sale of diesel and gas-powered cars.
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So imagine I make cars, they're diesel and gas-powered, and I want to sell it in UK.
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It's a waste of time to produce it because it's going to be banned because nobody can sell it.
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So the government is controlling what manufacturers are going to make with their cars.
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Mitsubishi is planning on having 50% of its sales being from electric or hybrid cars, right?
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Volkswagen is targeting 60% of the European market.
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I can go on and on and on talking about what these guys are going to be doing, right?
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Now let's take a look at the most expensive and cheapest gas prices worldwide.
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If you're taking a look at this here, here's as of yesterday, as recent as yesterday.
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Cheapest gas right now, if you want to buy per gallon, it's in Venezuela.
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You know what country in the world has the most oil?
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Look at Kuwait, $1.30, Nigeria, $1.54, Iraq, $1.94.
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We go to Azerbaijan, $2.27, Colombia, $2.28, Saudi Arabia, $2.32, Dubai, $2.42, Russia, $2.54.
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Denmark, $7.59 a gallon is what we're talking about.
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Price per gallon gas in these countries, right?
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Now let's look at the top 10 greenest countries in the world.
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If you can see this data, let me make it a little larger for you.
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Number one, Denmark has the highest score of 82.5.
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Let's see where Denmark scores on the highest gas prices.
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Don't buy gas because we're going to raise taxes so you don't buy it.
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It's going to be expensive if you want to buy it from us.
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If gas prices were $7.59 right now and you're living in Toledo, you're living in Miami, Chicago,
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LA, would you maybe be inspired to go buy an EV vehicle fairly quickly?
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You don't think this may be something they're talking about and seeing it in the administration?
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We got to kind of get away, get away from them to buy these other cars.
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The second largest country in the world when it talks about going green.
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By the way, you do this with every one of them.
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Are they trying to drive people away from that?
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Now, if we look at gas prices history-wise, here's what you're looking at.
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I was in the army in 1999 when gas prices were $0.98 a gallon, $0.96 a gallon, $0.98 a
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And in gas prices, if you remember, it peaked around $4 in 2008, $4.14, and got a little
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bit higher in the threes, and then came back down from 2016.
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No one's really been too stressed out about gas prices.
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Today, if you look at gas prices, Memorial Day weekend, 2021, about a month and a half
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ago, who are the states with the highest gas prices?
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Then you got Idaho, Illinois, Alaska, Utah, Oregon, Washington, Nevada, Hawaii.
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By the way, is it $4.16 because that's the price of gas?
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Or is it $4.16 because the state of California added a gas tax to it?
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These guys have five times the amount of population as we do.
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Matter of fact, world consumption of gas, oil, is United States, 20%.
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We have 330 million people, 340 million people, 8 billion people in the world, of which 20%
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And in 2019, we became the first time where we're energy independent since 1957.
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We're using less oil than we're actually producing.
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But let me continue with my idea here with gas prices.
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Current administration wants to push you to go buy EV.
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Whether you agree with that or not, it's go green.
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It's, you know, we have to drive electrical vehicles.
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So if you were on their campaign, if you were on their administration, how would you suggest
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If you go get an EV vehicle, we're going to give you $10,000 write-off if you buy a brand
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Or they can do the other way, which historically many politicians have used, which is what?
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Sin taxes we have on sugar, on cigarettes, on alcohol, on soft drinks, on casinos, on porn,
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I can go on and on and on and tell you all these different sin taxes.
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What if the administration sat there and they said, you know what?
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What if somebody like an AOC makes the phone call and says, hey, if you really think this
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is that big of a deal, why don't you put a $3 tax, a $4 tax, a $5 tax on anybody that
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Now, they can't do it suddenly because if they did, there'd be a strike and it'd be the
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But could they gradually turn the knob to create the kind of pressure for you where at the dinner,
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you're sitting there with the family, you're talking and saying, babe, I don't know if
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If you thought the stocks of these electrical vehicle companies are going to go up, whoever's
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If you think they were maybe going to go up, the direction politics is going and the direction
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how they can influence that based on what many European countries are doing to control
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people from not driving oil and gasoline powered vehicles, we may be going in that direction.
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But all I can say to you is what we're currently looking at, if the administration really wanted
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to push all of us to go in that direction, they could probably do it in many different
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Again, if you do agree with this, thumbs up, subscribe to the channel.
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But if you want to find out a little bit more on topics like this, I did a video a month
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ago on specifically the topic of inflation, which a lot of people are talking about.
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When inflation does happen, who wins and how do we come up with this concept of inflation?
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If you've never watched that video, click over here to watch that video.