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Gas Prices Will Double in the Weeks Ahead as Stations Face Massive Supply Outages

by Epic Economist
June 5, 2023

  • What Is Driving Silver’s Price Rise and Will It Continue?


Are you ready to pay double at the pump this summer? Because the experts are warning about a huge price spike as fuel inventories continue to shrink, especially as OPEC+ slashed oil production, and the Saudis are telling US short-sellers who are betting prices will fall to “watch out.”

The Energy Information Association expects the price of a barrel of oil to rise almost $10 above the current average, which will have a massive impact on gasoline prices all over the country.

In some states, drivers are already paying over $4.90 per gallon, but the shock could be even bigger as seasonal demands pick up, according to Bloomberg. Adding to the worrying outlook, new research has found that US gas pipelines are at risk of outages and regulators are urging officials to take precautions before a nationwide disruption occurs.

To make things worse, national gasoline inventories dropped for the third straight week to their lowest levels for this time of the year since 2014. Furthermore, total US fuel oil production is on track to decrease this month after output fell last week by the largest amount since February 2022, data from the EIA reveals. Gulf Coast and East Coast refiners have led the decline and produced 15% and 9% less fuel oil so far this month, respectively.

Though a gallon of gas costs less than a year ago, those averages may not hold for much longer. Analysts say prices can double in the near term and put a crimp in people’s budgets. Summer gas produces fewer emissions and is more expensive to produce, whereas cheaper winter gas ignites more easily to start your car in cold temperatures. Warm weather typically draws out more drivers, too, significantly increasing the demand for gas.

“Usually when demand is up, gas prices go up,” said Anlleyn Venegas, spokesperson for the AAA.

AMAZING coffee from a Christian company: Promised Grounds tastes incredible, is ethically sourced, and proceeds go to missionary work. Drink faithfully!

When inventories start to dwindle and people notice that prices are rapidly skyrocketing, they tend to hoard fuel before stations run completely dry. That’s what happened in 2021 when Americans witnessed huge lines outside gas stations due to supply disruptions and higher costs. This year, one single extreme weather event left seven states without fuel, according to CBS News, including Virginia and North Carolina, which even declared a state of emergency to prevent the crisis from escalating. More recently, the entire Miamo-Fort Lauderdale area faced massive gasoline outages after a historic storm caused flooding and triggered a wave of panic buying by drivers filling their gas tanks.

More than half of gas stations in the Miami-Fort Lauderdale area were without gasoline Wednesday after flooding from last week’s massive storm caused a wave of panic buying by drivers topping off their gas tanks. And just a few weeks ago, researchers at Carnegie Mellon University published a study in The Electricity Journal that found that US gas pipelines are at risk of facing widespread outages.

They urged US officials to take action before supplies dropped to dangerously low levels. The scientists investigated vulnerabilities at production sites and outage risks at major US stations.

In new research, scientists investigated the vulnerability of power generation to outages at U.S. pipeline compressor stations. They found that at least 10% of such stations are facing serious threats of shortages, and thus are vulnerable to widespread energy supply outages. In the short term, Americans should expect more unpleasant surprises at the pump, and in the longer term, we should all prepare for unprecedented outages and a downturn unlike anything we’ve ever experienced.

Article and video via Epic Economist.

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Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas

Promised Grounds Gift Pack

When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.

This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.

1. It’s Truly Delicious Coffee

Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.

Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.

Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.

2. It Spreads the Word While Serving a Real Purpose

There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.

Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.

It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.

3. It’s Affordable, Valuable, and Elegantly Presented

Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.

The packaging is classy, clean, and gift-ready, making it ideal for:

  • Family members of all ages
  • Co-workers or employees
  • Church friends or small-group leaders
  • Hosts, neighbors, and last-minute gift needs

It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.

The Perfect Blend of Faith, Flavor, and Christmas Cheer

A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.

If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.

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