Gasoline + reopening categories (particularly airfares) continuing to put a lot of upward pressure on CPI

Gasoline + reopening categories (particularly airfares) continuing to put a lot of upward pressure on CPI https://t.co/7uh74aRBGo pic.twitter.com/u4CHK8XYXI — Joe Weisenthal (@TheStalwart) May 25, 2022 US petroleum inventories (crude, SPR, oil products) in million barrels – EIA #oott pic.twitter.com/k5kt4ur2dt — …

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Gasoline price is hitting a new high, trade deficit ballooned 22.5% in a month and the Fed just confirmed they are tightening at the fastest pace and highest VIX level in history.

https://t.co/przNS8CZN1 — Blxck Dollar 🇺🇸 (@BlxckDollar) May 5, 2022 US in economic freefall, trade deficit up 22.3% in March We now make very little except energy for export, the economy is in freefall. https://www.msn.com/en-us/money/markets/robust-imports-push-us-trade-deficit-to-record-high-in-march/ar-AAWUoQl?ocid=uxbndlbing I walked through the family room …

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The Biden Inflation Scorecard! House Price Growth UP 69%, Food UP 58%, Gasoline UP 72%, Diesel Fuel UP 154%, Fed Bal Sheet UP 21% (Mortgage Rates UP 83.3%)

by confoundedinterest17 Under President Biden’s Reign of Error, inflation is the highest in 40 years. But Powell and The Fed are still overstimulating the economy, and Congress is contributing to the inflation disaster with short-sighted political policies and spending (flooding …

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Putting out fire with gasoline…

Pelosi and Buttigieg Want to Solve Inflation With — You Guessed It — More Spending. Build Back Better has been dead since December, but the Democrats still want to ride that dead horse. Between President Biden suggesting that Congress needs …

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Gasoline Price Controls

by Martin Armstrong “We are now in very active discussions with our European partners about banning the import of Russian oil to our countries while, of course, at the same time maintaining a steady global supply of oil,” Secretary of …

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Gasoline Prices Highest in 8 years

Big, big trouble for the White House. U.S. average retail gasoline price has hit its highest since Sep 2014 at $3.343 per gallon, according to motoring club AAA. Every state (including the likes of Mississippi and Alabama) is above $3. …

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