The Coyote Time Confluence
There is no nice way to put it - times are about to get rough. In February 2022, Russia announced the start of its "Special Military Operation" in Ukraine - essentially launching a war without the paperwork. Western countries are cutting ties from Russian oil with the Russkies reciprocating by drawing down two major gas pipelines in Europe, putting upward pressure on prices. The US rolled out stringent sanctions, pulling Putin's petroleum products out of domestic markets. It was in that moment, when the first Russian tank entered sovereign Ukrainian land, the West drove off a cliff and didn't look down like Wile E. Coyote. By Summer, regular unleaded gas was over $5/gal for most of the country. There was a huge public outcry. Many experts believe civil unrest becomes inevitable above $5/gal with higher rates of catastrophe and frequency being directly correlated to the price of fuel. All was not lost, though - slowly but surely, the price came down. In the time since ...