Gasoline is up 34%. Fuel oil has surged 74%. But eggs are down 21% and butter is down 10%. Is the 3.7% inflation scare really an energy shock?

The 3.7% inflation scare is really an energy price shock.

Fuel oil is up 74% over the past year and gasoline 34%. Meanwhile eggs are down 21%, butter down 10%, smartphones down 10%, and used cars down 2%. Broad monetary inflation lifts everything at once. This move lifts energy… pic.twitter.com/EhcoufXxCu

— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) October 18, 2026

The energy shock shows up where fuel costs bite, not everywhere.

Overall CPI is ticking back up, but look under the hood. Grocery prices are rising slower than the headline, while the fuel-sensitive categories are jumping. Airline fares and delivery services are jumping, both… pic.twitter.com/32OijvEoHG

— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) October 18, 2026