Yeah, once Xiden bans Russian oil imports, and TBF, congress is making noise along the same lines, expect the oil futures market today to go bonkers. I’m expecting a 20-30 cent per gallon increase on sheer panic, even though it’s not some supermajority of our oil.
We’re just complaining about gasoline here, but if you’re using heating oil, you’re definitely paying more before getting out of winter. Diesel? Everything shipped is going to be more expensive.
coming down the pike: UPS/Fed Up/etc. will add new fuel surcharges (they never removed the last 2 earlier temporary fuel surcharges), food prices, building materials, lions, tigers, bears, oh my!