Image Source: Pixabay
From GasBuddy:
Source: GasBuddy accessed 1/3/2024. Red line at expanded Russian invasion of Ukraine, just to irritate JohnH.In my book, a little too early to declare the “viberecession” over (as per this article), but still, something that should be remarked upon. The price is the same as mid-2021.Since the core CPI (chained) is about 11% higher than in June 2021, that means the relative price of gasoline is 11% lower than then.More By This Author:Foreign Term Spread Augmented Recession Model Prediction
FX Turnover Through 2022
Why I Don’t Cheer the Soft Landing (Yet)
