Is This the Beginning of the Second Wave of Inflation? by Wolf Richter • Mar 5, 2025 • 121 Comments Companies can’t pass on those higher prices? What a bummer. But if they can without losing sales, it’s off to the races. See 2021/2022.
U.S. Demand for Gasoline Faces Long-Term Structural Problem: Plunging Per-Capita Consumption by Wolf Richter • Mar 4, 2025 • 143 Comments Even as miles driven inched to a record and the population surged, gasoline consumption in 2024 was where it had been 20 years ago.
U.S. Production & Exports of Crude Oil & Petroleum Products Hit New Record in 2024, Imports Dipped Further, SPR Refilling Halted in February by Wolf Richter • Mar 4, 2025 • 55 Comments The new mantra among frackers: “Discipline” to not trigger another oil-price collapse through overproduction. Drill Baby Drill, but not too fast.
New York Fed’s Measure of “Inflation Persistence” Nixes Friday’s Idea that YoY PCE Inflation Cooled, Using Same Data by Wolf Richter • Mar 3, 2025 • 49 Comments The game of inflation Whack-A-Mole: price pressures shifted from housing to non-housing services and core goods.
Drill-Baby-Drill for 20 Years: US Natural Gas Production and Exports via LNG & Pipeline Rose to New Records in 2024 by Wolf Richter • Mar 2, 2025 • 72 Comments Prices rose from the collapsed levels in the prior year and are back where they’d been in 1996, down by 70% from the peak in 2005.
