Our government might not work any more, but one thing I’ve noticed over the last few years is how steady gas prices have been. I live in a part of California where gas prices seem to always go up. But I’ve noticed prices just under $4 for what seems like forever now. And if we look at a two year chart of prices that’s exactly what’s been going on. Gasoline prices, one of the cost inputs most of the inflation worry warts most often cite, has gone nowhere. And that’s a good thing!
Chart via Gas Buddy