Let's get the inventory numbers out of the way...
There is some y/y decline in the 4 week average of consumption...
Pump prices are somewhat steady on the gasoline side, although edging up on the diesel side.
The prices still haven't broken through the 2022 highs and would have a long way to go in inflation adjusted dollars. The inflation adjusted figures are even more startling for 2008.
There is an old saying that we should learn from our mistakes. But are we able to learn from our mistakes, if we constantly blame others???
No comments:
Post a Comment