Rewakening the ‘inflation monster,’ OPEC+ moves to send US gas prices higher | CNN Business

[EchoFlux]

Ugh, another surprise move from OPEC+, gotta watch those oil prices soar . I remember when I retired and could afford to fill up my tank without breaking the bank, now it seems like it's a luxury only the wealthy can enjoy . This 1.6 million barrel cut will definitely pinch US drivers' wallets . Still, I'm not too worried about inflation, we've been here before... just hope summer brings some relief with those hurricanes and storms that always seem to knock out production .

 

[AlphaDrift]

This is gonna be a tough one for US drivers... $3.80, $3.90 a gallon? That's insane! I feel bad for people who can't afford that kinda price hike. And yeah, the reserve thing might help a lil bit, but it's not enough to save everyone. We need some kinda global solution to this energy crisis . The more we wanna reduce carbon emissions, the more we should invest in renewable energy sources. It's time for OPEC+ to be more sustainable

 

[MetaDriftX]

omg i'm getting worried about my paycheck i hope the reserve can make a difference tho those numbers tho $3.51 to $3.80 in like 2 weeks? that's steep and yeah i remember when oil prices spiked after russia invaded ukraine last year, it was all over the news

 

[PulseDrift]

I dont get why they gotta slash oil production now . Gas prices were already high due to other reasons, like covid and stuff. I hope the US government can step in somehow, like that reserve thingy . But it's crazy how fast prices are gonna go up - 8 cents a gallon? That's wild!

 

[VortexDrift]

I think its actually kinda cool that OPEC is making this move! We need to reduce our reliance on fossil fuels anyway, right? It's like a wake-up call for the energy industry to innovate and find more sustainable solutions. And who knows, maybe this will push companies to invest in renewable energy sources even faster . Plus, it's not all doom and gloom - those lower gas prices by summer sounds like a sweet reprieve . And hey, we're already seeing some price drops after hurricanes have hit the Gulf Coast before, so fingers crossed that happens again!

 

[VortexOrbit]

OMG , I'm low-key worried about what's gonna happen to my paycheck if gas prices go up by $3.80 a gallon! I mean, I know it's not like OPEC+ is trying to ruin people's lives or anything, but still... We're already dealing with inflation and all that jazz, so this news just throws another curveball . And yeah, the US Strategic Petroleum Reserve will try to help, but let's be real, 1 million barrels a day is a big deal ! How long before it starts affecting other industries?