Gasoline Prices Thru January 3
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.
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