Hello fellow Rebel capitalists, hope you're well. So oil prices are skyrocketing. Just today, they're over $92 a barrel.

So this begs the question, how higher price is going to go are we going to see triple digits could we see oil prices at all time highs and what is that going to do the consumer price inflation in the United States What's that's good? What's that going to do the consumer price inflation in the United States?

What's that going to do the economy?

And what is that going to do with the Federal Reserve coming out tomorrow

with their interest rate decision is this going to play into them hiking even further when the market is expecting them to pause

Got a dive into all this. Let's get right over to the first article from

CNBC. Josh who on earth would go to a live CNBC conference. I cannot think of anything I would rather do less.

Are you not going to be there, George?

I am not going to be there. I will be a rebel capitalist live.

You could not pay me enough money.

So it's like listening to a chalkboard or fingernails on a chalkboard going to a

CNBC live event. But anyway, let's get back to the title of this article.

Saudi Energy Minister says oil price cuts

are not about jacking up prices as Brent hovers

at $95 a barrel.

Boy, this is something I got wrong. I, back when it was 70, remember how we were pointing out that every single time they made a production cut, that the price would spike and then come right back down, implying that there's a lot of weakness as far as demand.

So as far as the supply side, it almost doesn't matter if demand is actually falling off a cliff.

And we have seen the prices go up, so I did not expect this.

Now, a hat tip to my good friend and business partner, Lynn Alden and Chris McIntosh.

They are my two partners in Rebel Capitalist Pro.

They called this. They absolutely nailed it.

So if you want to hear more of their insights or you want to see their research,

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