I don't know how just gas falling reduces overall inflation. Diesel prices are still well north of $5/gal here in HELLINOIS, which makes moving anything by truck very expensive.
No wonder grocery store prices are at 40+ year highs!!!
My business is Transport Bulk Ag. Horrors are on the way if Nat Gas continues to rise. a 10 handle means all bets are off.
“Henry Hub Natural Gas Spot Price is at a current level of 8.49, up from 8.20 the previous market day and up from 5.21 one year ago. This is a change of 3.54% from the previous market day and 62.96% from one year ago.”
As far as the high Diesel prices, i don’t pay them YOU do if you use a Cargill product. (variable fuel surcharge)