Bank Of America Issues Dire Warning About Where Gas Prices Are Likely Headed | The Daily Wire
Bank of America is warning that gas prices could go significantly higher than they currently are as Americans are currently paying approximately $3.41 per gallon across the U.S. for regular and just over $4 per gallon for premium.
“Bank of America is now predicting that Brent crude oil, which drives gas prices, will zoom to $120 a barrel by June 2022,” CNN reported. “That’s 45% higher than current levels.”
Francisco Blanch, Bank of America’s head of global commodities, spoke with CNN about the prediction, noting that back in June he predicted that the price of crude oil would shoot to $100 a barrel.
We’re all going to be paying $5 a gallon for gas. It will cost me a crisp Benjamin Franklin to fill up my tank.
Why are you doing this to us, Joe???
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