Remember when Trump kidnapped Maduro on January 3 and bloviated about the cost of oil dropping because he now controlled Venezuela’s 300 billion barrels of oil? The cost of oil that day was $57 per barrel. In case you didn’t notice, oil closed at $79 per barrel today.
The national average cost of a gallon of gasoline on January 2 was $2.75. Today it hit $3.25. Based on today’s oil increase, you will be paying at least $3.80 next week. The average household will pay $700 more per year.