Valuetainment - July 07, 2021


$10 Gas Price Spike Prediction


Episode Stats

Length

11 minutes

Words per Minute

182.5725

Word Count

2,061

Sentence Count

215

Hate Speech Sentences

4


Summary


Transcript

00:00:00.120 I'm going to make a case to you today why I believe gas prices in the next 24 months
00:00:03.440 could potentially go to $10 per gallon.
00:00:05.760 And yes, that's what I believe.
00:00:06.760 $10 per gallon, next 24 months, based on a lot of different factors.
00:00:10.760 If you agree with my argument, once I make it, smash the thumbs up and subscribe to the
00:00:14.480 channel.
00:00:15.480 If you don't, put a thumbs down.
00:00:16.480 I'm okay.
00:00:17.480 I want to kind of see how you feel about this.
00:00:18.480 By the way, we're going to look at the following data in today's video.
00:00:20.480 Number one, we're going to look at which country gas prices are the most expensive as well
00:00:24.040 as cheap.
00:00:25.040 We're going to look at which countries have the most EV, electric vehicles being driven,
00:00:29.320 and is there a correlation between countries that are fully going green and high gas prices
00:00:34.560 because they're trying to influence people from not driving gasoline-powered cars.
00:00:38.560 We'll look at gas prices the most in cities, states, and we'll look at consumption, we'll
00:00:43.080 look at many different data, as well as auto manufacturers, are they going away from gasoline-powered
00:00:49.160 cars?
00:00:50.160 So having said that, let's get right into it.
00:00:51.160 So here's what we're looking at.
00:00:52.160 Number one, Biden administration makes the move to go electric vehicles.
00:00:57.080 That's the direction they're going to.
00:00:58.360 That's what they want people to do.
00:01:00.320 And remember that he has control by creating additional taxes to influence you to get away
00:01:06.760 from gasoline-powered vehicles.
00:01:08.820 So now that's the administration.
00:01:10.120 Now you have to realize that car auto manufacturers make decisions based on having lobbyists that
00:01:15.160 are working with the government, whispering to them, you better get away from oil, gasoline-powered
00:01:21.600 cars, because eventually we may ban it.
00:01:24.360 Could that really happen?
00:01:25.360 Now let's take a look.
00:01:26.360 Let's take a look.
00:01:27.820 So here's what we're looking at.
00:01:29.320 All the promises automakers have made about electric cars.
00:01:33.000 So GM releases their new 2022 Chevrolet Bolt.
00:01:36.820 It's what you're looking at here, February 14, 2021.
00:01:39.820 Jaguar's talking about that's the direction they're going to go in 2022.
00:01:43.320 Mercedes is coming out with their EQS by the end of the year in 2022.
00:01:47.600 Ford intends to start production of F-150 Lightning, which is an electric version of America's best-selling
00:01:53.500 vehicle by the spring of 2022.
00:01:56.780 Here's Honda talking about their cars.
00:01:58.780 Mazda's planning on coming out with theirs.
00:02:00.880 Nissan, eight EVs by the end of the year in 2023.
00:02:05.000 In 2024, Land Rover's going to be all electric vehicle cars that are coming out with Volvo's
00:02:10.600 announcing theirs by 2024.
00:02:12.860 2025, Audi plans on having 30 electrified vehicles by 2025.
00:02:18.060 20 of those models will be EVs.
00:02:20.340 BMW said as early as 2017 it expects to have hybrid and electric vehicles to account for
00:02:25.640 15 to 20% of its global sales by 2025.
00:02:29.840 Ford says it's investing $29 million, billion dollars into it.
00:02:34.280 This continues.
00:02:35.380 Hyundai, you know, Toyota plans to launch 60 new hybrid cars is what they're talking about.
00:02:41.340 Volkswagen is talking about one and a half million.
00:02:44.320 I mean, I can go on and on and on.
00:02:46.180 So why are they going in that direction?
00:02:47.500 Watch this one here.
00:02:48.300 By 2030, a UK ban on the sale of diesel and gas-powered cars is expected to go into effect.
00:02:57.520 Let me read this to you one more time.
00:02:59.480 By 2030, a UK ban on the sale of diesel and gas-powered cars.
00:03:05.640 So imagine I make cars, they're diesel and gas-powered, and I want to sell it in UK.
00:03:12.400 It's a waste of time to produce it because it's going to be banned because nobody can sell it.
00:03:16.980 So the government is controlling what manufacturers are going to make with their cars.
00:03:21.740 Huh.
00:03:22.380 Mitsubishi is planning on having 50% of its sales being from electric or hybrid cars, right?
00:03:30.460 Volkswagen is targeting 60% of the European market.
00:03:33.740 I can go on and on and on talking about what these guys are going to be doing, right?
00:03:37.340 You can read this article.
00:03:38.280 I'll put the link below.
00:03:39.420 Now let's take a look at the most expensive and cheapest gas prices worldwide.
00:03:44.720 If you're taking a look at this here, here's as of yesterday, as recent as yesterday.
00:03:50.560 Cheapest gas right now, if you want to buy per gallon, it's in Venezuela.
00:03:55.540 You know how much it is?
00:03:56.500 7 cents.
00:03:57.900 Yes, 7 cents.
00:03:59.480 You know what country in the world has the most oil?
00:04:02.380 It's Venezuela.
00:04:03.740 Not Saudi Arabia, not Iran.
00:04:05.840 It's Venezuela.
00:04:07.000 Look at Iran, 23 cents.
00:04:08.960 Look at Kuwait, $1.30, Nigeria, $1.54, Iraq, $1.94.
00:04:15.320 You go down Qatar, $2.07.
00:04:18.640 We go to Azerbaijan, $2.27, Colombia, $2.28, Saudi Arabia, $2.32, Dubai, $2.42, Russia, $2.54.
00:04:28.660 Let's see where U.S. is at.
00:04:29.900 Turkey is $3.48, U.S. $3.47.
00:04:32.200 Now let's go to the bottom.
00:04:33.260 Let's go all the way to the bottom.
00:04:34.520 Most expensive.
00:04:35.460 You ready?
00:04:35.720 Hong Kong, $9.67 a gallon.
00:04:41.140 Lebanon, $8.70.
00:04:42.960 Netherlands, $8.70.
00:04:45.400 Norway, $7.98.
00:04:47.860 Denmark, $7.59 a gallon is what we're talking about.
00:04:52.420 Israel, $7.56.
00:04:54.880 Portugal, $7.50.
00:04:56.500 Greece, Finland, Sweden, they're all over $7.
00:04:59.600 Italy, France, UK.
00:05:01.340 Everybody I sit outside of UK is over $7.
00:05:04.080 UK is $6.95.
00:05:06.860 Now, these are gasoline.
00:05:09.200 Price per gallon gas in these countries, right?
00:05:13.100 Now let's look at the top 10 greenest countries in the world.
00:05:16.820 Greenest countries in the world.
00:05:19.240 If you can see this data, let me make it a little larger for you.
00:05:22.360 Number one, Denmark has the highest score of 82.5.
00:05:26.320 Huh.
00:05:26.840 Let's see where Denmark scores on the highest gas prices.
00:05:30.500 Do you notice a correlation there?
00:05:32.580 It's interesting.
00:05:33.780 Go green.
00:05:34.760 Don't buy gas because we're going to raise taxes so you don't buy it.
00:05:38.180 It's going to be expensive if you want to buy it from us.
00:05:40.940 Do you think that'll motivate?
00:05:41.920 If gas prices were $7.59 right now and you're living in Toledo, you're living in Miami, Chicago,
00:05:49.740 LA, would you maybe be inspired to go buy an EV vehicle fairly quickly?
00:05:54.740 Would you?
00:05:55.160 You don't think this may be something they're talking about and seeing it in the administration?
00:05:59.460 We got to kind of get away, get away from them to buy these other cars.
00:06:02.600 Let's continue.
00:06:03.280 That's just one country.
00:06:04.440 Maybe I'm just speculating.
00:06:06.160 Luxembourg.
00:06:06.760 The second largest country in the world when it talks about going green.
00:06:10.100 Where are they at on this ranking?
00:06:11.800 Are they cheap?
00:06:12.780 Nope.
00:06:13.260 Six bucks.
00:06:13.960 Okay.
00:06:14.240 Maybe that's just two of them.
00:06:15.600 How about Switzerland and UK?
00:06:17.300 You already know where UK is at.
00:06:18.920 $6.95.
00:06:20.500 Switzerland, $6.57.
00:06:23.020 France, Austria.
00:06:24.300 Let's look at France and Austria.
00:06:25.560 Here's France, $7.
00:06:28.040 Austria.
00:06:29.420 It's a little cheaper for you.
00:06:31.040 $5.76.
00:06:32.560 Do you want me to continue?
00:06:33.720 By the way, you do this with every one of them.
00:06:35.520 Norway, Germany, Sweden, Finland.
00:06:37.560 They're all on the same list.
00:06:39.240 Are they trying to drive people away from that?
00:06:41.980 Now, if we look at gas prices history-wise, here's what you're looking at.
00:06:45.600 How much gas prices were.
00:06:46.720 I was in the army in 1999 when gas prices were $0.98 a gallon, $0.96 a gallon, $0.98 a
00:06:54.580 gallon, cheaper than what it was in 1993.
00:06:57.980 And in gas prices, if you remember, it peaked around $4 in 2008, $4.14, and got a little
00:07:04.560 bit higher in the threes, and then came back down from 2016.
00:07:07.840 It was $1.87.
00:07:09.480 You know, it was $1.98, $1.93.
00:07:12.280 No one's really been too stressed out about gas prices.
00:07:14.660 Today, if you look at gas prices, Memorial Day weekend, 2021, about a month and a half
00:07:19.220 ago, who are the states with the highest gas prices?
00:07:22.600 Pennsylvania, $3.15.
00:07:24.240 Then you got Idaho, Illinois, Alaska, Utah, Oregon, Washington, Nevada, Hawaii.
00:07:29.480 Anybody surprised that California is $4.16?
00:07:32.420 By the way, is it $4.16 because that's the price of gas?
00:07:34.440 Or is it $4.16 because the state of California added a gas tax to it?
00:07:40.560 So where am I going with this?
00:07:42.000 Here's where I'm going with this.
00:07:43.520 Countries with oil consumption.
00:07:45.620 U.S. is the highest.
00:07:46.800 More than anybody else.
00:07:48.160 Then it's China.
00:07:48.920 Then it's India.
00:07:50.060 These guys have five times the amount of population as we do.
00:07:53.460 We consume more gas than they do.
00:07:55.780 Matter of fact, world consumption of gas, oil, is United States, 20%.
00:08:03.560 We have 330 million people, 340 million people, 8 billion people in the world, of which 20%
00:08:08.880 of all the oil is going through U.S.
00:08:10.700 And in 2019, we became the first time where we're energy independent since 1957.
00:08:16.220 We're using less oil than we're actually producing.
00:08:20.160 We're independent of that, right?
00:08:21.540 So we're kind of going that direction.
00:08:22.700 This was good news that came out.
00:08:23.800 But let me continue with my idea here with gas prices.
00:08:26.800 Why do I think gas prices are going to go up?
00:08:28.400 Think about it this way.
00:08:29.660 Current administration wants to push you to go buy EV.
00:08:33.340 Whether you agree with that or not, it's go green.
00:08:36.120 It's climate change.
00:08:37.800 It's save the planet.
00:08:39.420 It's, you know, we have to drive electrical vehicles.
00:08:42.300 Manufacturers are responding to that.
00:08:43.980 So if you were on their campaign, if you were on their administration, how would you suggest
00:08:48.140 doing this?
00:08:48.840 There's really two ways of doing it.
00:08:50.400 One is pain.
00:08:51.560 One is pleasure.
00:08:52.940 Pleasure is what?
00:08:54.160 If you go get an EV vehicle, we're going to give you $10,000 write-off if you buy a brand
00:08:58.820 new car, da-da-da-da-da.
00:09:00.000 Okay?
00:09:00.260 So it's pleasure.
00:09:01.260 I'm going to get a write-off.
00:09:02.360 I'm going to get tax benefits.
00:09:03.360 I'm going to get this.
00:09:03.860 I'm going to get that.
00:09:04.860 Or they can do the other way, which historically many politicians have used, which is what?
00:09:08.960 It's called pain.
00:09:09.980 And how do you do it with pain?
00:09:11.280 It's called sin taxes.
00:09:12.760 What are sin taxes?
00:09:13.740 Sin taxes we have on sugar, on cigarettes, on alcohol, on soft drinks, on casinos, on porn,
00:09:22.460 literally porn.
00:09:23.920 I can go on and on and on and tell you all these different sin taxes.
00:09:27.300 What if the administration sat there and they said, you know what?
00:09:30.440 How soon do we want everybody to go to EV?
00:09:32.860 What if somebody like an AOC makes the phone call and says, hey, if you really think this
00:09:37.260 is that big of a deal, why don't you put a $3 tax, a $4 tax, a $5 tax on anybody that
00:09:43.320 goes and buys gas prices, gas cars?
00:09:47.180 Now, they can't do it suddenly because if they did, there'd be a strike and it'd be the
00:09:51.720 ugliest thing they could do.
00:09:53.220 But could they gradually turn the knob to create the kind of pressure for you where at the dinner,
00:09:58.860 you're sitting there with the family, you're talking and saying, babe, I don't know if
00:10:01.280 you heard what just happened right now.
00:10:02.320 What's that?
00:10:02.680 I think it's time we go buy that Tesla.
00:10:05.020 I think we go buy that EV.
00:10:06.700 I think we go buy that electrical vehicle.
00:10:08.900 So what does this mean long term?
00:10:11.240 If you thought the stocks of these electrical vehicle companies are going to go up, whoever's
00:10:16.620 got the biggest market share, take a Tesla.
00:10:18.700 If you think they were maybe going to go up, the direction politics is going and the direction
00:10:24.340 how they can influence that based on what many European countries are doing to control
00:10:29.420 people from not driving oil and gasoline powered vehicles, we may be going in that direction.
00:10:36.240 Could it happen in the next two years at $10?
00:10:38.320 I don't know.
00:10:38.980 But all I can say to you is what we're currently looking at, if the administration really wanted
00:10:44.540 to push all of us to go in that direction, they could probably do it in many different
00:10:48.380 ways.
00:10:49.000 Pain or pleasure.
00:10:50.180 You may agree with this.
00:10:51.340 You may not agree with this.
00:10:52.420 Again, if you do agree with this, thumbs up, subscribe to the channel.
00:10:55.840 If you don't, put your thumbs down.
00:10:56.960 But if you want to find out a little bit more on topics like this, I did a video a month
00:11:00.480 ago on specifically the topic of inflation, which a lot of people are talking about.
00:11:05.840 When inflation does happen, who wins and how do we come up with this concept of inflation?
00:11:10.860 What triggers inflation going up?
00:11:13.060 If you've never watched that video, click over here to watch that video.
00:11:16.340 Take care, everybody.
00:11:17.060 Bye-bye.