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re: Can anyone honestly tell me how Covid19 and Putin has caused inflation in the US?
Posted on 5/12/22 at 7:23 am to Bass Tiger
Posted on 5/12/22 at 7:23 am to Bass Tiger
One of the easiest ways is to look up at the diesel prices each day when you pass the station. This morning here it was $5.20 per gallon. Like it not, the price of fuel touches most everything we buy, eat, and produce. News agencies are saying that we are likely to see diesel rationing by the end of the summer. When that happens prices are going to soar. On the first day in office he crippled the oil and gas industries with his power play. He is not saving the planet, he and his dumbassery cabinet are killing it.
1
Posted on 5/12/22 at 1:39 pm to DocYates
quote:
One of the easiest ways is to look up at the diesel prices each day when you pass the station. This morning here it was $5.20 per gallon. Like it not, the price of fuel touches most everything we buy, eat, and produce.
The most impactful input cost to produce and ship goods is the cost of energy/fuel. Since Whispering Joe was installed as president the cost of refined petroleum products (primarily gasoline/diesel/jet fuel/fertilizer) to the consumer is up a minimum of 90%……that is enough of an increase to seriously raise prices on nearly everything we consume.
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