▲ 239 ▼ Global inflation fears as oil price rises towards $100 a barrel (www.theguardian.com) submitted 2 years ago by alphacyberranger@sh.itjust.works to c/world@lemmy.world 80 comments fedilink hide all child comments
[–] JasSmith@kbin.social 0 points 2 years ago (1 child) The price per barrel includes almost all those expenses, so inflation should be reflected there. Right, which means that the inflation adjusted price of oil today is significantly lower than it was in 2008. permalink fedilink source parent hideshow 2 child comments replies: [–] chiliedogg@lemmy.world 1 point 2 years ago Yes, but the price at the pump isn't reflective of the current price of oil, which is the whole point of what I'm saying. The price of oil hasn't kept up with inflation while the price at the pump has outpaced inflation. There's some fuckery there. permalink fedilink source parent
[–] chiliedogg@lemmy.world 1 point 2 years ago Yes, but the price at the pump isn't reflective of the current price of oil, which is the whole point of what I'm saying. The price of oil hasn't kept up with inflation while the price at the pump has outpaced inflation. There's some fuckery there. permalink fedilink source parent