But inflation is low. The government told me so.
Talk about pain at the pump! Some Florida drivers are spending nearly $6 a gallon to fill up their gas tanks.
According to GasBuddy.com, motorists are shelling out $5.89 for a gallon of regular gas at a Shell station in Lake Buena Vista, topping out at $5.99 a gallon for premium. It doesn’t get better at a Suncoast Energy station in Orlando, where drivers are paying $5.79 for a gallon of regular.
Let’s hope not. If they are this high now, I hate to think how high they could go given the geo-political uncertainties.
The geopolitics is one factor. The decline of the dollar is another. This second factor makes it inevitable. See Today’s post on The Oil Price.