The prediction ties two conditions together for 2022: (1) the U.S. entering a recession, and (2) gasoline prices reaching roughly $7–$10/gal in at least some areas.

Gasoline prices:

• In 2022, the national average gasoline price hit a record above $5/gal, with California’s average over $6/gal by early June, and some locations far higher.
• Reporting from CBS News, based on GasBuddy and AAA data, listed seven California stations charging more than $7.25/gal as of June 2, 2022, including prices in the high $7s and low $8s.citeturn2search3
• A Los Angeles Times article noted that while California’s average was around $6.34/gal on June 6, 2022, a Mendocino station was charging $9.60/gal for regular—squarely in the predicted $7–$10 range.citeturn2search10 So the gas-price part of the prediction was accurate.

Recession in 2022:

• In the U.S., the standard arbiter of recessions is the National Bureau of Economic Research (NBER). Its business‑cycle chronology shows the last peak in activity in February 2020 and a trough in April 2020, with no later peaks or troughs announced—meaning the NBER has not dated any new recession after April 2020.citeturn3search8
• A Congressional Research Service summary (updated October 3, 2024) explicitly notes that after the April 2020 trough, “NBER has not announced any peaks in economic activity in the intervening years,” implying a continued expansion rather than a recession in 2022.citeturn3search7
• While real GDP did contract in the first two quarters of 2022, major coverage at the time pointed out that most economists did not expect NBER to classify the first half of 2022 as a recession, citing strong employment and continued growth in consumer spending.citeturn3search4

Because no official U.S. recession was recorded in 2022, the core macroeconomic part of the forecast failed, even though the gas-price scenario materialized. As the prediction was a single conjunctive claim (recession and $7–$10 gas), its overall status is wrong.