For years, we were warned that the policies that our leaders were pursuing would destroy the value of our currency and unleash rampant inflation.  Now it has happened.  For years, we were warned of a looming global energy crisis that would inevitably hit us.  Now it is here.  But what we have been through already is just the beginning.  The shortages that we are experiencing now will get worse.  Many of the ridiculously high prices that we are seeing now will seem like bargains by the end of the year.  And right now the U.S. economy appears to be rapidly slowing down at the exact same moment that economies all over the globe are moving in the wrong direction.  The CEO of Goldman Sachs just told us that "there's going to be tougher economic times ahead", and he is not exaggerating one bit.

On Thursday, the average price of a gallon of gasoline in the United States reached yet another brand new all-time record high…

US gas prices have hit a new high of $4.71, just a day after hitting the record as seven states top off at $5 a gallon as inflation soars.

The national average jumped four cents overnight, leaving drivers in even more despair as gas prices continue to skyrocket emptying their wallets.

If Americans don't like paying about five bucks a gallon, how are they going to feel when it takes about 10 bucks to buy a gallon of gas?

Fortunately, we did just get a bit of good news that should provide some temporary relief…

OPEC and its oil-producing allies agreed on Thursday to hike output in July and August by a larger-than-expected amount as Russia’s invasion of Ukraine wreaks havoc on global energy markets.

OPEC+ will increase production by 648,000 barrels per day in both July and August, bringing forward the end of the historic output cuts OPEC+ implemented during the throes of the Covid pandemic