Odd Lots
The U.S. Just Saw the Biggest One-Day Surge in Gasoline Since 2005
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The latest surge in oil prices, driven in large part by the invasion of Ukraine, is quickly feeding through to prices at the pump.
Omair Sharif of Inflation Insights LLC flags this extraordinary chart. According to the AAA measure, the Daily National Average Gasoline Price in the U.S. just had its biggest single day increase since 2005 — with a gain of over 10 cents.