The bond market is telling the Fed to do something about inflation, which is to raise interest rates. That intentionally slows down the economy by reducing demand for things like mortgages.

3 gallons in a container for the lawnmower today

It cost more than $52

We are at $4.89.9/gallon here in St Lawrence County-part of NY-21

I have never paid this much for a gallon of gas

apparently people have to learn shit the hard way

When W was in the WH, yes.

It hit $5.02 in June 2022.

https://waysandmeans.house.gov/2022/06/09/gas-prices-have-more-than-doubled-since-bidens-first-day-in-office/

Many places are well over $5 a gallon right now.

We are at $4.89 per gallon here in St Lawrence County-part of NY-21

I always laugh at the ‘average’ price they keep claiming in news articles. I think they apply to many red southern states. The joke is, we are in a red area of a blue state. We get the lovely MAGA base, but we get the high prices of a blue state.

How lucky for us!!

The fact is our gasoline supplies are OK and the price has been stable for over a month.

Even the Diesel prices of just under $6 barely get any notice. It is inflationary, but petroleum products have been moving more-or-less at the rate of inflation (or below) for a long time.

Look at the second chart on this page (adjusted for CPI): https://www.macrotrends.net/4453/us-gasoline-prices

At $4.50, gasoline prices are about average for the past 50 years, certainly not at the high end.

I don't really care. We have an EV and a 55 MPG hybrid in our household. There are loads of very efficient vehicles that are not very expensive. If people don't like paying the current price for gasoline, then get a different vehicle.

Of all the things that we need to be concerned about, I don't see how gasoline hits the top 10 list.

Too easy!

People most convcerned about gas prices would be people already struggling with the cost of everything else.

They won't be able to get a good trade in valuation on an ICE vehicle nor be able to afford the payments on an EV.

. . . but I'm sure they could start a go-fund-me so you can help them out with a load of dollars.

Trump keeps saying the Strait of Hormuz is about to open and the war should soon be over? So the price of oil per barrel can drop a few bucks and certain people can short oil company stocks to make millions and billions on the shorting of the stock. Oh, OK. Now I understand.

The most I've ever paid per gal. Most stations are charging over $6 gal.

It has been as high as 7.12 USD per Gallon.

UK: 1.57 GBP per Litre = 7.96 USD per Gallon
(This is why the British drive small cars.)

in Central Washington state and have been for a couple weeks.

It was 4.99/gal and has dropped to 4.77/gal.

Orange Dumbo’s watch. It’s due to a criminal ill-advised unnecessary war of choice.

Why was it so high under President Biden? Putin’s criminal ill-advised war of choice on Ukraine?

OMG HE TOOK IT WITH HIM WHEN HE LEFT !! SEND THE FBI TO SEARCH HIS HOME !!