$200 Oil Becomes More Likely Each Day, Here’s How You Can Avoid The Downturn
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It feels like a depressing inevitability but as the war in Iran continues on, with no signs of slowing down, it looks like oil might top out at $200 and we will all feel the effects in one way or another.
As strategists from Macquarie Group have recently warned, if the war continues into June, crude oil prices would move to above $200 per barrel, forcing gas to $7 a gallon. This sucks for me in particular because I drink about a gallon of gas every day and I just don’t have those kinds of savings.
So if you, like me, are a human being that spends money, just how can you avoid this seemingly inevitable massive recession that we’re all heading for?
Switch To Electric Car
If you don’t want to pay for gas, then don’t pay for gas! Quickly! Buy yourself an electric car that runs on cheap, cheap oil-powered power instead.
Get Off The Grid
Literally. Maybe get some solar panels, a wind turbine, your own nuclear power plant if you can, anything to stop paying those crazy energy bills.
Diversify Your Investments
There’s probs some moves you can make to anticipate what’s going to happen, right? Like shorting stock and things like that? Idk, this isn’t financial advice.
Quit Drinking Crude Oil
This one’s more for me, but I should really get off that, it’s getting to be a very expensive hobby…
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