California gas prices are down nearly $1 since peaking in June

California sees a dip in gas prices since peaking in June but could this be a warning sign the U.S. economy is weakening?"So inflation remains a very big concern but certainly having gas prices coming down will help," says Severin Borenstein of UC Berkeley's Energy Institute. Borenstein is urging caution though when it comes to your excitement over that drop.

"I think we should be a bit concerned about the cause of course. Everybody likes paying less at the gas pump, but we should be a bit worried about the cause because it is probably substantially driven by weakening in the U.S. economy," says Borenstein.

Hungary (with 480 / L price freeze) : my mother can buy 56 Liters from her 70000 HUF monthly retirement monthly if USA has minimum wage $812 weekly, means $3200 a month. that is 2460 Liter a month. compare to 56 Liter what my mother able to buy.

Still not as low as 2020

now is $6 per gallon. that is €1.2 / Liter that is £1.07 / Liter 🤧

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US pledges $1 billion more rockets, other arms for UkraineThe Biden administration announced another $1 billion in new military aid for Ukraine on Monday, pledging what will be the biggest yet delivery of rockets, ammunition and other arms straight from Department of Defense stocks for Ukrainian forces. The U.S. pledge of a massive new shipment of arms comes as analysts warned that Russia was moving troops and equipment in the direction of the southern port cities to stave off a Ukrainian counteroffensive. The aid includes additional rockets for the High Mobility Artillery Rocket Systems, or HIMARS, as well as thousands of artillery rounds, mortar systems, Javelins and other ammunition and equipment. When's the US audit of where the money/weapons are going? Why do we keep wasting money on Ukraine when there will be zero return on that investment? This is complete money laundering.
Source: YahooNews - 🏆 380. / 59 Read more »