[durasell]

It’ll take awhile for the higher prices to hit at the pump, but when they do it’ll suck money from other sectors. A double wammy will be arriving in time for the cold weather in the form of higher priced heat.

[Sunnyflorida]

“It’ll take awhile for the higher prices to hit at the pump, but when they do it’ll suck money from other sectors.”

Exactly and that is why increase in the cost of any number of things cannot cause inflation. Inflation happens when too much money chases too few goods - in aggregate.