Fuels and our Money

Paul Krugman / Substack
Fuels and our Money High gas prices are listed at Chevron gas station in Los Angeles on March 9, 2026, as gasoline prices surge amid the ongoing war with Iran. (photo: Getty)

Quick post. Never mind crude oil. Look at those pump prices! Changes over past year, in dollars per barrel (42 gallons):


The global economy has been remarkably resilient so far. But are there limits?

Anyway, I’m about to catch a train.

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