Posted November 07, 2022
By Zach Scheidt
The Stern Election Warning I Gave My Teenagers
I'm warning my teenagers to be prepared ahead of tomorrow's election.
Frankly, I'm worried that one of them will get stranded away from home. And with tensions high on both sides of the aisle, who knows what could happen when the polls close?
Here's what I'm telling my teen drivers…
Make sure your gas tank is full today — and keep topping it off whenever you can.
Because America's energy crisis isn't just about inflation. It's also about having access to the fuel we need for our day-to-day lives.
And depending on how election day turns out, this energy crisis may intensify quickly! Allow me to explain...
Not Enough Fuel and Long Lines Ahead
Last week I posted an alarming chart on my Twitter feed. (Follow me here for real-time market thoughts)
This chart shows inventories for diesel fuel are alarmingly low to the point where fuel may soon be unavailable for trucks, factories and emergency generators.
That's a disturbing trend! And other fuel sources like heating oil, gasoline and propane are also in short supply.
Politicians are pointing fingers and casting blame, but no one is doing anything about this problem.
Instead, Democrats are demonizing oil companies for generating profits… using our emergency fuel reserves for political gain… and now talking about additional stimulus payments to help offset higher inflation costs.
Are they serious???
Stimulus payments would only make this problem worse because it’ll drive more demand for fuel while doing absolutely nothing to help increase supplies.
Do you know what happens next? Shortages!
When businesses and consumers scramble to fill their tanks while supplies are already low, the natural outcome is long lines at the pump and limited fuel — even for emergencies!
This week's election could be the tipping point…
The Election Catalyst
Depending on which party takes the House and Senate, the energy crisis could spiral out of control quickly.
If the Democrats pull out a surprise win, Americans could quickly wise up to the fact that our energy crisis isn't getting better any time soon.
Just like frightened savers used to cause a run on banks, frightened drivers could quickly cause a run on gas stations.
We've seen this play out in certain areas of the country before, like after a strong hurricane or pipeline shutdown. But imagine the chaos if this happens on a national level!
On the other hand, if Republicans take control of Congress, we could see backlash from green energy demonstrators.
Who knows what these protests could look like or how they could disrupt our fragile energy infrastructure?
The stakes are high. That's true both on a personal level and for the well-being of your retirement savings!