Topic

Fuel cost inflation

The transmission of higher fuel prices into freight rates, food and other consumer goods, a channel economists track separately from headline energy prices.

Current clusters

invest1 publisher

Record pump prices are running $255bn a year above last year's US fuel bill

GasBuddy has California's diesel average at $7.91 a gallon and the national average past $6 for the first time. The extra $700m a day Americans are paying for fuel works out near $255bn over a year.

Publishers:fortune.com

Reality

Evidence54
Adoption62
Hype gap+16
Incentives58
Confidence48