RBOB Gasoline Futures
Long

Be ready for much higher prices in 2022..!

488
Gasoline has just crossed above its all time high and entered a No resistance zone..!

In 2008, gasoline rose to a record $4.11 a gallon, which equates to $5.20 a gallon today adjusted for inflation.(The Wall Street Journal)

Increases in Gas price in the inflation era + geopolitical tensions will last longer than your expectations..!

I think in 2022, all US refineries will beat their earning expectations by far..!

Best,

Dr. Moshkelgosha M.D.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.