Oil prices have continued to rise for quite some time, is this driving up inflation?

Posted by admin
oil prices
Thunderhammer of Shocking asked:


If you pay attention to the lowest values of oil in each particular trough on a typical line graph, you’ll note prices have been rising slowly.

I acknowledge that oil prices fluctuate, but i’m paying specific attention to the lowest values in each particular year.

Shane

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • Will Democrats blame the white house for rising oil prices now that a liberal is in office?
  • Olive Oil Comprehension Test for Consumers
  • What is driving up oil price?
  • The US Hit by the Combined Forces of Stagflation, Inflation, Recession and High Oil Prices!
  • Why are oil prices adjusted for inflation?
  • Peak Oil: Gas Prices, Supply Depletion & Energy Crisis SHORT
  • Help! Oil Prices Have Jumped Again!

    • This entry was posted on Friday, October 17th, 2008 at 2:02 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

    « What specifically did Bush do to make the oil prices drop?
    Oil Recruitment Looking Slick In Economic Downtown »

    One Response to “Oil prices have continued to rise for quite some time, is this driving up inflation?”

    1. Bobby Says:
      October 19th, 2008 at 3:54 am

      Of course it is as long as they are rising. Right now, they are low again, though.