“Global Fuel Prices Are Surging With Supply Risks Ahead”
March 14, 2024
“Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue…”
https://www.yahoo.com/news/surging-gasoline-prices-add-inflation-021939727.html
Plus the biggest problem which these articles never mention is governments around the world are passing regulations or are in efforts to reduce energy. It’s an attack on the energy sector. Oil and pipe lines around the world have been shut down and new projects are being denied. The attack on energy is driving inflation just as much as money printing in my opinion.