ElwoodBlues · M
Of course higher oil prices will cause more inflation!!
With higher oil prices it will cost farmers more to plant & harvest.
With higher oil prices it will cost more to manufacture.
With higher oil prices it will cost more to bring goods to market.
And, about 1/3 of the world's fertilizer ingredients come thru the Strait of Hormuz. Farmers need fertilizer NOW to plant crops. With supply limited, that's another cost farmers will have to bear and that will be passed on to us, inflating prices further.
With higher oil prices it will cost farmers more to plant & harvest.
With higher oil prices it will cost more to manufacture.
With higher oil prices it will cost more to bring goods to market.
And, about 1/3 of the world's fertilizer ingredients come thru the Strait of Hormuz. Farmers need fertilizer NOW to plant crops. With supply limited, that's another cost farmers will have to bear and that will be passed on to us, inflating prices further.
Kiesel · 56-60, M
Absolutely
hunkalove · 70-79, M
Yes.
Monalisasmith86 · 36-40, F
Exactly
ArishMell · 70-79, M
Yes:
Petroleum is not only a source of fuels so its higher cost will push up transport costs for eveyone.
It is also a source of the raw materials for so much else we use and too easily take for granted: lubricants, paints, varnishes, inks, most plastics including the synthetic resins, fertilisers, human and veterinary pharmaceuticals...
The costs displayed at filling-stations are only the obvious, ice-berg tip.
Petroleum is not only a source of fuels so its higher cost will push up transport costs for eveyone.
It is also a source of the raw materials for so much else we use and too easily take for granted: lubricants, paints, varnishes, inks, most plastics including the synthetic resins, fertilisers, human and veterinary pharmaceuticals...
The costs displayed at filling-stations are only the obvious, ice-berg tip.
Tastyfrzz · 61-69, M
Obviously. And it will last indefinitely unless alternative forms of energy are rapidly brought on line. The economics of paying bribes to Iran will not fly. Nuclear plants, methane, coal fired plants, biofuels, wind, sea, and solar energy systems will replace fossile fuels.
Don't they always cause more inflation?
DeWayfarer · 61-69, M
GoFish ·
It would if it remained high but this short rise is expected to be short term .. what caused inflation last time was the wage rate hike which harris wanted to do again because she has no logic
jackrabbit10 · M
gas. oil goes up.. food. wages. Drs. everything goes up.
GuyWithOpinions · 31-35, M
Wouldnt that be a product of inflation? I think inflation happens when the value of a currency drops.
Like printing money, high intrest on debt and how good your trade value is with others nations.
Like printing money, high intrest on debt and how good your trade value is with others nations.
Picklebobble2 · 61-69, M
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swirlie · 31-35, F
No, absolutely not. Don't be fooled by such propaganda. Inflation is caused by people reacting to fear in the marketplace. The cost of fuel in any vehicle is the cheapest part of the total cost of operation of that vehicle, be it a car or a truck, a ship or an airplane.
ArishMell · 70-79, M
@swirlie With petroleum, we have to look far further than merely the retail prices of petrol and Diesel oil, though. Those are only the obvious ones, the ones that stoke the "fear in the marketplace" among private motorists.
Though of course, there is also the question of the spivs in Canary Wharf, Wall Street, Shanghai...., exploiting the situation. They are driven not by fear, but by short-term greed.
Though of course, there is also the question of the spivs in Canary Wharf, Wall Street, Shanghai...., exploiting the situation. They are driven not by fear, but by short-term greed.
SnickersDOM · M
well of course, people have been talking about this looming secondary effect since last month
https://cleantechnica.com/2026/03/22/the-april-oil-crisis-most-dont-know-is-coming/
but that's what you get when twice electing a *checks notes* "very stable genius" "businessman"ᵀᴹ for POTUS
Now what does it mean that this question was posed by a known MAGAt, who can't see my answer? 🤔
https://cleantechnica.com/2026/03/22/the-april-oil-crisis-most-dont-know-is-coming/
but that's what you get when twice electing a *checks notes* "very stable genius" "businessman"ᵀᴹ for POTUS
Now what does it mean that this question was posed by a known MAGAt, who can't see my answer? 🤔