Inflation up year over year 9% due to oil and gas prices, check.
Oil prices now falling as a result of economic damage and demand destruction the oil industry caused. Double check.
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Schmucks like you decided to elect an administration that's the equivalent of Nero.
https://www.youtube.com/watch?v=5vpP-B5JaM4
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Oil is continuing its hard plunge downward, currently down 4% at $92 a barrel. This following the EIA report yesterday of a build of oil supply exceeding 3.3 million barrels and gasoline supplies jumping 5.8 million barrels at a time when supposedly, holiday travel should be tanking those numbers.
To give you an idea just how badly Big Oil has bent everyone over a barrel, the latest Producer Price Index was up over 9% year over year and the cause of 90% of that increase was due to energy prices. Whomp Whomp.
Was bullshitting with some people from the EU and Australia last night. In Australia a head of iceberg lettuce is going for $10 US and a gallon of gas is around $8 a gallon.
Seran:
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