Price of oil up nearly 50 % in recent months

 Fox Business:

Inflation: Oil hits 2018 high in third week of gains 
The American Automobile Association national average for gas is $3.08 per gallon
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West Texas Intermediate crude prices topped $70.91 on Friday, a weekly gain of 11.5% and the highest level since October 2018, as tracked by Dow Jones Market Data Group. For the year, crude is up over 46%.
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A rise in consumer prices, including energy, has sparked a debate over how hot inflation may get in the coming months.
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A rise in the cost of energy will mean an increase in the cost of transportation of goods and services and manufacturing.  It also increases the cost of agriculture.  Biden's war on oil and gas will be a big tax on Americans.

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