High gas prices will crush the economy—for everyone—because everything has oil prices embedded in it.
Regional differences are real for price at the pump—but trucks drive in both high cost and lower cost states.
Two days ago, the cheapest gas in town was $5.79.
Who knows what it is by now.
If we go down, it won’t just be California and the Northeast.
I am not rooting for this for anyone. I see this as justification for more violence, looting, and rioting nationwide.
I understand the concept of how we might have to reach bottom before we climb out, but...it is the reaching bottom part I wish to God I pass on before I have to experience it.
Not too long ago, I thought that was probably a sure thing. Now? Not so much.
The destruction is worse for those who remember what things were like before the destruction.