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US Gasoline Prices UP 48% YoY In February, But Gas Prices Were UP 62% In April 2021 BEFORE Russia Invaded Ukraine
Confounded Interest ^ | 03/13/2022 | Anthony B. Sanders

Posted on 03/13/2022 5:15:41 PM PDT by Browns Ultra Fan

Well, so much for rising gasoline prices being the fault of Vlad “The Ukrainian Impaler” Putin and Russia invading Ukraine. In fact, gasoline prices were rising at a 62% YoY pace in April 2021, well before Russia’s invasion of Ukraine.

REAL gasoline prices (nominal gasoline prices less inflation) are up 32.72% YoY in February.

Press secretary Jen Psaki can take the opportunity to proclaim that REAL gasoline prices have actually declined in February.

Hi diddly dee, a President’s press secretary’s life for me!

I keep waiting for the Biden Administration and Congress to launch price controls and supply rationing rather than simply allow the Keystone Pipeline to be built and allow drilling on Federal lands.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government
KEYWORDS: biden; bidenflation; bidengascrisis; bidensfault; gasoline; gasprices; inflation; oil; russia
Biden is such a schmuck.
1 posted on 03/13/2022 5:15:41 PM PDT by Browns Ultra Fan
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To: Browns Ultra Fan

2 posted on 03/13/2022 5:20:46 PM PDT by 4Liberty (Remember when government paved the Roads and trained the Army – instead of lying and oppressing?)
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To: Browns Ultra Fan

What is YoY?


3 posted on 03/13/2022 5:22:08 PM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: Browns Ultra Fan

Because Russia, where we got 3.8% of our oil from last year, invaded Ukraine. According to our fearless leader...


4 posted on 03/13/2022 5:25:07 PM PDT by bigbob
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To: ifinnegan

year over year
comparing data from 12 months ago to current


5 posted on 03/13/2022 5:27:18 PM PDT by nascarnation (Let's Go Brandon!)
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To: ifinnegan

Year over Year.


6 posted on 03/13/2022 5:27:44 PM PDT by Pamlico (Support President Trump and oppose traitors at every opportunity)
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To: Browns Ultra Fan

If Trumps kids were not sleeping with Chinese girls while puffing on kracken pipes in Ukraine imagine the peace in our time.


7 posted on 03/13/2022 5:30:43 PM PDT by algore
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To: algore
If Trumps kids were not sleeping with Chinese girls

Huh?

8 posted on 03/13/2022 5:34:01 PM PDT by Hot Tabasco
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To: ifinnegan
What is YoY?

Who ever heard of this website blog? Does everything posted on the internet get transferred here?

Apparently so

9 posted on 03/13/2022 5:36:06 PM PDT by Hot Tabasco
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To: 4Liberty

Keystone XL

The canadians said they’d make up the lack of supply.


10 posted on 03/13/2022 5:41:36 PM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: Hot Tabasco
YoY is "Year over Year"... FYI. The blog's name is "Confounded Interest". This lady wants to explain it to you, further:
11 posted on 03/13/2022 5:50:35 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Browns Ultra Fan

12 posted on 03/13/2022 9:31:18 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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