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Economy

Metaphorical

(2,577 posts)

3. Gasoline is lower

Reply to progree (Original post)

Sat Dec 6, 2025, 12:56 AM

14 hrs ago

The price of gas is important because it is almost invariably an input to most other goods and many services (G&S). Gas prices have been dropping as demand for G&S has dropped, which translates into inflation from other factors largely getting cancelled out because the economy is getting worse. Once the price of gas bottoms out (usually around $35 a bbl or thereabouts for West Texas Intermediate (WTI), then inflation will start to kick back up again.

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Highlight:

If you've seen the media ballyhooing today's positive consumer sentiment report [View all] progree 15 hrs ago OP

Even AI is not enthusiastic. Silent Type 15 hrs ago #1

Worker confidence 'lowest they've ever seen,' says LinkedIn's chief economist Historic NY 14 hrs ago #2

Gasoline is lower Metaphorical 14 hrs ago #3