Midwest Gasoline to Spike $0.50-$1.00 Per gallon

   / Midwest Gasoline to Spike $0.50-$1.00 Per gallon #21  
û

which index do you follow?
CPI = consumer price index. It measures inflation.

Otherwise I do have some index funds in the S&P 500 and the Nasdaq 200
 
   / Midwest Gasoline to Spike $0.50-$1.00 Per gallon #22  
Snobud
Out of curiosity what items are figured in the CPI or can you provide a link where a person can research this themselves.
 
   / Midwest Gasoline to Spike $0.50-$1.00 Per gallon #23  
   / Midwest Gasoline to Spike $0.50-$1.00 Per gallon #25  
They call it Bidenomics! Everything is fine

From Rupert Murdoch's The Wall Street Journal:

"Crude oil prices popped Tuesday morning after Saudi Arabia and Russia said they're extending voluntary oil production cuts through the end of the year."


All the oil companies need is an excuse like this to immediately raise prices. All the rest of us need is an excuse to blame Bidenomics.
 
   / Midwest Gasoline to Spike $0.50-$1.00 Per gallon
  • Thread Starter
#26  
From Rupert Murdoch's The Wall Street Journal:

"Crude oil prices popped Tuesday morning after Saudi Arabia and Russia said they're extending voluntary oil production cuts through the end of the year."


All the oil companies need is an excuse like this to immediately raise prices. All the rest of us need is an excuse to blame Bidenomics.
Oil companies can't control the price of oil.
 
   / Midwest Gasoline to Spike $0.50-$1.00 Per gallon #28  
Oil companies can't control the price of oil.
Oil companies don't have to control the price of crude- but collectively, they can control the price of gas. They just need a fig leaf of cover.
 
   / Midwest Gasoline to Spike $0.50-$1.00 Per gallon #29  
Oil companies don't have to control the price of crude- but collectively, they can control the price of gas. They just need a fig leaf of cover.
Economics doesn't work like that.
 
   / Midwest Gasoline to Spike $0.50-$1.00 Per gallon #30  
Supply and demand....less supply and the price goes up.
 

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