ED MAIXNER: Fuel Prices Spike Is Painful But No Surprise
What most surprises me about the steady run up in gasoline and diesel fuel prices since late 2020 is that any American adults are surprised by the increases. Huge changes in the U.S. economy always affect demand for fuels, thus their prices. U.S. fuel prices plunged when the recession of 2008-09 hit, slamming the economy, and the same thing happened …