Thread #1501280
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Oil prices have surged more than 40% since the start of the Iran conflict, but analysts say consumers may not have felt the full impact yet because higher crude costs typically take weeks to filter through to retail gasoline prices.
"More than likely there is more to come, because there’s usually a lag between crude prices and what consumers pay at the pump," said Phil Flynn, a FOX Business contributor and senior market analyst at Price Futures Group.
Michael Mische, a supply chain expert, also predicted the worst is not over, telling FOX Business, "There's more still to come."
The national average price for regular gasoline stood at roughly $3.98 per gallon, according to AAA, up about 6 cents from a week ago and nearly $1 higher than a month ago.
https://www.foxbusiness.com/economy/oil-has-surged-since-iran-conflict -gas-prices-may-not-done-rising
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>>1501633
This is fake news. Trump's already confirmed America's economy is doing miraculously all things considered
>B-B-BUH EUROPE AND ASIA
Don't care. America First. America's economy is on the rise. That's all that matters to real patriots, not globalist Jews
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>>1501660
the economy is on a temporary downturn as President Trump works towards fixing all the issues that past administrations have ignored and allowed to grow out of control. Short term pain, long term gain. That's always been President Trump's philosophy. All experts agree that President Trumps action are leading to the greatest economic turn around since post depression America.
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>>1501668
Fox did a news report on this. Prices are up a little in some places, but down on average. If you live in a place where prices are up, you are just unlucky. Most people are doing better under Trump. They got confirmation from Brooke Rollins, the Sec of Farming.
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>>1501671
Excellent Fox Reporting is a fucking oxymoron. They literally won a defamation lawsuit on the basis that no reasonable person should believe what they report to be true. Most people are not doing better no, but lots of rich people are, especially the ones doing insider trading 15 minutes before trump makes announcements about things that have massive impacts on stock prices.
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