We are afraid that people are not going to be able to keep their homes warm this winter – that is the warning flashing across the mainstream and local media reports as energy markets continue to struggle to keep up with demand and as consumers have the hardest time of their lives paying inflated prices for home heat and vehicle expense.
It is already being reported that consumers are struggling with the fastest price increase in decades – now, we can expect a crunch in the energy market warns one distribution outlet.
when these prices start to move through to the consumer – the American people are going to lose it! New reports show that Producer prices have continued their skyward rise to 8.6%, matching a September record high
according to the reports, Inflation at the wholesale level has shot up 8.6% last month from a year earlier, matching September’s record annual gain and proving without a shadow of a doubt that inflationary pressures are increasing, they are not temporary, and they are not easing.