Tag Archives: Gas prices

Global Gas Prices and Inflation

Written by Bahr, Kevin - June 20, 2022 at 9:53 am. Comments Off Tags: economics, Gas prices, Stevens Point, University of Wisconsin, University of Wisconsin Stevens Point, UW-Stevens Point, UWSP

It’s not just a U.S. thing, it is global. Increased gas prices and inflation are not just confined to the U.S. They are global problems because global factors have impacted gas prices and contributed to inflation. The unprovoked military attack by Putin against Ukraine created uncertainty in global energy markets given that Russia is the […]

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Global Oil vs. U.S. Oil Prices, and Prices at the Pump

Written by Bahr, Kevin - March 14, 2022 at 11:50 am. Comments Off Tags: Economy, Gas prices, Stevens Point, UW-Stevens Point, UWSP

The U.S. Bureau of Labor Statistics (BLS) announced that inflation increased 0.8 percent in February on a seasonally adjusted basis after rising 0.6 percent in January. For the 12-month period ending in February, the annualized inflation rate was 7.9 percent, the largest 12-month increase since 1982. A key driver of U.S. inflation has been surging […]

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