Matt Randolph (Mr Global)
๐ค SpeakerAppearances Over Time
Podcast Appearances
My record at predicting things before Donald Trump won this election was like the best on the planet.
Like I could tell you what gas prices were going to be in six weeks in a certain town.
Like I was I really was dialed in with Donald Trump that that's completely gone.
But assuming things continue and I believe they will, they're going to continue to rise, but not as precipitously as they have to this point.
Like, I don't know if you guys know, but the last month.
is the largest rise in prices in history so we haven't gotten to those like 2022 levels yet but we have gotten to where we've gotten faster than we have ever gotten and that's a very concerning thing right when when they go up that fast right when you think of the biden administration it took
what, 18 months for gas to slowly climb up to $5 that OPEC 2020 deal.
Here, we've increased gas prices by way over $1.30 a gallon in a matter of 30 days, which has just never been seen before.
A lot of states around the country that have record high diesel prices, higher than they've ever had.
Arizona, Nevada, Washington, Oregon, California, a lot of those West Coast states, some of the East Coast states are reaching that.
But they're going to continue to rise until China says it's time to open the strait.
So that's basically where we are.
So China or Iran's whole existence is basically dependent on China.
Like over 90% of their oil is sold to China at a discount.
And China is sitting there right now, just loving what they're seeing.
You have the president of the United States fighting with NATO because they won't bail him out.
Why would they?
I don't know.