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Inflation Expected to Tick Higher in August as Oil Prices Surge

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  • #1

    Inflation Expected to Tick Higher in August as Oil Prices Surge

    Inflation expected to tick higher in August as oil prices surge (yahoo.com)
    Last edited by bjl584; 09-12-2023, 03:42 PM.
    Brian
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  • #2
    If the article is going to quote a 10.6% rise in gas prices for the month of August, I'd at least appreciate an explanation as to why.
    History will judge the complicit.

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    • #3
      Originally posted by ua_guy View Post
      If the article is going to quote a 10.6% rise in gas prices for the month of August, I'd at least appreciate an explanation as to why.
      OPEC and Russia both cut production to boost prices.
      Steve

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      • #4
        Is that really contributing to a 10.6% increase in the price of pump gas for the month of August though? I don't doubt production has been cut, I just don't remember when or what the estimated effect was. Refinery drama? There always seems to be in peak season. I'm so sick of it.
        History will judge the complicit.

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