6 Comments

I think there’s more going on than we know regarding the oil prices . Or at least the potential for some big stuff .

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There are always forces in play that are not immediately obvious. However , all forces must resolve into either supply or demand pressures.

I don't speculate on the forces I can't see. I choose to analyze the price pressures which I can see.

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It’s so crazy that they still claim that things are improving.

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That's stagflation for you. They can point to numbers going up or going down and say it's good news. It's easy to do when you cherry pick the numbers and look at them in isolation.

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Sep 30, 2023Liked by Peter Nayland Kust

A friend’s brother is a truck driver and just stopped being an owner operator to work for a company because losing so much on loads due to cost of diesel. I have a small freezer and am contemplating filling now if groceries are going to continue to rise, it was helpful in 2022.

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Argh!

I did, for the first time in months, pay less than $4 a gallon for premium, which I still use in the little Audi 1.4 liter turbo engine. I usually keep it above 40mpg, usually, thanks to the hybrid drive system. Really short trips I do not use gas at all.

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