Largest Price increase you have seen ?

[Durian Fiend]

Not worth fighting among ourselves, it’s not our fault. There are people who’s job it is to ensure the safety and security of the most vulnerable among us. Blame them

Or perhaps search out the reasons for the shortages and blame the people actually responsible, if any.

[kalakoa]

Inflation is driven by the price of gas, which is high because the oil companies can blame "instability in Ukraine" even though most of our oil doesn't come from there. Oil companies are posting record profits while the rest of us are being taken for a ride.

[AaronM]

********APPLAUSE********

[HawaiiEV]

You don’t think printing trillions of dollars during a total economic shut down could have anything to do with it?

[terracore]

https://www.gasbuddy.com/charts

National average November 2020 was $2.10. It was about $3.50 just before Russia invaded Ukraine. It's up less than a dollar since then. Yeah, I understand we don't pay national average.

The majority of the fuel price increase in the USA, and inflation as a whole, occurred before Russia invaded Ukraine.

But the invasion makes a convenient scapegoat. I'm sure scrapping the oil pipelines and leases etc prior to and after the invasion had nothing to do with it.

If "evil petroleum companies" were to blame for the rise in prices, why is the current administration selling our national reserves on the open market at a loss, to the tune of 1 million barrels per day, where much of it gets exported, driving the price up further?

[HereOnThePrimalEdge]

If "evil petroleum companies" were to blame for the rise in prices,

Go back one page on this thread where there's a link about benificent Shell Oil wheeling and dealing their way to a $9 billion profit the largest in company history which lead to:

oil companies and the price of gas are the largest contributing factor for inflation at the moment.

[kalakoa]

the invasion makes a convenient scapegoat

Don't forget "Biden blocked Keystone" (which conveniently ignores the fact that Keystone was all about exports).

a $9 billion profit

Larger than the GDP of some small countries, starting with #140, Congo:

https://www.worldometers.info/gdp/gdp-by-country/

Fortunately, the American public is too busy worrying about abortion and gays and Oscar slaps.

[HawaiiEV]

Did you expect them to give it away when it’s in short supply? Short supply drives up price and demand, and profiteering. This is absolutely normal in capitalism and desirable because it motivates more companies to invest capital in producing product to meet the demand, like all the mainland shale oil companies who have been in the dumps for the past couple years during Covid. Of course a lot of people might ignorantly suggest price controls and then find out how bad things could really get. Remember when the only way to get ice after Iselle was to wait for hours in a county line? I would have rather paid $5 a bag…

[kalianna]

Because you could, and never mind those who couldn't. That's what capitalism is all about.

[kalakoa]

Paying $5/bag for ice is capitalism? Eventually the words become meaningless.