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Blame Gas Prices?
US consumers felt incrementally worse this month about their economic prospects.
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Highly trained professionals………..LOL
Oil and gas prices stink of manipulation. Those high energy prices were basically the GOP’s case for ousting democrats in the midterms. Now that midterms are over the prices suddenly fall back to earth with no discernable change in energy production nor the war in Ukraine? Okay, good one big oil, those campaign ads you funded and also drove did some great work!
Russia is trying to sell as much oil as possible prior to a price cap, causing inventory builds. That’s why we see the current price action.
“I love the smell of stagflation in the morning.” Nice finishing touch!