Trend shifted down, but sensitivity up.
The Declining Driving Miles Intensity of GDP
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Category Archives: energy
Gasoline Prices and Brent
From EIA:
Gasoline and Oil Prices
As of Mid October for Gasoline:
Gasoline and Oil Prices
We have weekly gasoline prices through week ending 9/30:
Scary Movie: Pseudo-Economics Edition
EJ Antoni/Heritage presents this picture which should scare the beejeebus out of us.
The Net Petroleum Balance
In real dollars:
Gasoline Prices Down…
As recorded by EIA.
The Trend Break in CPI
Readers [1] [2] inquired why there appears to be a trend break in (log) CPI at 2022M06. My best guess is the spike in oil prices.
May 2024 Short Term Energy Outlook: WTI, gasoline prices
From EIA (May 7, 2024):
US Oil Production in 2023, Net Exports of Petroleum Products through 2024Q1
From EIA, and BEA NIPA: