Expect To Pay $3,000 More This Year For
Gas And Food As Prices Skyrocket
Zero Hedge,
by
Tyler Durden
Original Article
Posted By: Hazymac,
3/8/2022 4:07:36 PM
Prices at the pump have now soared to $4.173 per gallon for regular gasoline, according to Price Information Service (OPIS). This firm collects and calculates US pump prices for American Automobile Association (AAA). On Monday evening, prices surpassed the previous record high set in 2008 and continue marching higher Tuesday.
As gasoline prices increase and inflation reaches the highest levels in four decades, times are becoming much harder for the average consumer, experiencing a persistent rise in the prices of many goods and services. Steeper gas and food prices have forced millions of people to rejigger household budgets.
The latest research note from Yardeni Research estimates the average household will spend
Reply 1 - Posted by:
WhamDBambam 3/8/2022 4:13:23 PM (No. 1094050)
I want the people who caused this to hurt.
22 people like this.
And the idiots for voted for this guy are still making excuses. Unreal. Let's go Brandon!
15 people like this.
Gee, what’s our COLA going to be from SSA since my investments are going into the tank, literally and figuratively?
10 people like this.
Reply 4 - Posted by:
Newtsche 3/8/2022 4:24:34 PM (No. 1094064)
One day it's bombshells, the next it's skyrockets, up next, blood vessels bursting in air.
3 people like this.
Reply 5 - Posted by:
Rich323 3/8/2022 4:34:30 PM (No. 1094070)
So Butt boy says go an electric vehicle with average price of $55,000 which is between $763 to $916 a month at zero interest not counting dealer charges, delivery fees, state and local taxes. I’m sure list of Americans can afford those payments in addition to the 7-9% inflation costs of living. What a croc of crap the sow.
10 people like this.
Reply 6 - Posted by:
Rich323 3/8/2022 4:35:45 PM (No. 1094071)
Sorry for misspellings typing goes bad when your anger goes up!
5 people like this.
Reply 7 - Posted by:
Phantomll 3/8/2022 4:37:48 PM (No. 1094075)
FJB!
9 people like this.
Reply 8 - Posted by:
bpl40 3/8/2022 4:44:06 PM (No. 1094082)
I will just switch from Russian Vodka to American. Two birds in a stone.
3 people like this.
Reply 9 - Posted by:
NorthernDog 3/8/2022 4:47:21 PM (No. 1094084)
I have been looking at local gas prices on GasBuddy. Price per gallon at some stations has increased Twice today alone. We're entering Zimbabwe-style inflation !
6 people like this.
Reply 10 - Posted by:
Venturer 3/8/2022 5:10:09 PM (No. 1094097)
The Average consumer is probably the working man or woman making $75 to $100,000 dollars a year.
I am not the Average consumer I am the 80 year old man with a wife and stuck on a fixed income while everything is rising in cost around me. I have heat bills ,property tax bills, Insurance bills, State tax and federal tax and i like to have 3 square meals a day., Things are getting tight for me already, and this is just Bidens first year.
19 people like this.
Reply 11 - Posted by:
Bur Oak 3/8/2022 5:30:04 PM (No. 1094110)
Over night gas at the corner convenience store gasoline went from $3.99 to $4.19. Electing democrats and swamp creatures legitimately and/or fraudulently has consequences. Remember Jimmy Carter? This will be worse.
8 people like this.
Reply 12 - Posted by:
DVC 3/8/2022 5:55:55 PM (No. 1094134)
For my wife and I, we can financially handle it. But I know that millions will struggle with these prices. This is very, very wrong. A
And it is INTENTIONAL by the Demonrats.
6 people like this.
Reply 13 - Posted by:
bighambone 3/8/2022 6:05:08 PM (No. 1094144)
The leftist Democrats and their media propagandists are already claiming that the majority of the American people will take Biden’s political explanation claiming that all the raising gasoline, oil, and commodity prices are Putin’s fault, and by extension Trump’s fault, and will elect and re-elect enough Democrat politicians to allow the Democrats to control the Congress with ever increasing majorities.
1 person likes this.
Reply 14 - Posted by:
3XALADY 3/8/2022 6:58:27 PM (No. 1094195)
#10 try being a widow on a fixed income. I saw a Madeira movie a couple of nights ago and she told the little guy trying to rob her, I'm not on a fixed income. I'm on a broke income! I pay rent, etc. and think I will be okay but I have many widow friends who are just making it in normal times.
4 people like this.
Reply 15 - Posted by:
Rich323 3/8/2022 7:37:35 PM (No. 1094240)
I can see it now, once the car makers build up inventory, we’ll get Cash for Clunkers 2.0 bring in any fossil fuel powered vehicle and get a $25,000 or so government subsidy. Just like Obama in 2009.
2 people like this.
Reply 16 - Posted by:
BirdsNest 3/8/2022 10:13:27 PM (No. 1094325)
3 days ago I paid $3.79.9 for gas. Today it was $4.19.9 to say I was shocked would be an understatement.
1 person likes this.
Reply 17 - Posted by:
judy 3/9/2022 5:36:38 AM (No. 1094459)
Like Trump said yesterday...Do you miss me yet????
0 people like this.
Reply 18 - Posted by:
mifla 3/9/2022 5:47:50 AM (No. 1094463)
The conservatives should demand that the liberals pay reparations for ruining the country.
0 people like this.
Reply 19 - Posted by:
franq 3/9/2022 5:51:34 AM (No. 1094465)
We are on a runaway train. Catalogs and flyers in the mail don't even post prices. Coming home from work yesterday, one gas station that is typically one of the lower-priced had regular at $4.17 and diesel at $5.09. And I'm sure it's not over yet.
0 people like this.
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