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Jeremy Horpedahl: Gas prices were falling throughout October, not only after U.S. election

Jeremy Horpedahl: Gas prices were falling throughout October, not only after U.S. election
Gas prices declined during October

Gas prices were decreasing throughout October, not only after the U.S. election. Jeremy Horpedahl stated that the decline in gas prices was already underway before the election took place.

Horpedahl has previously noted that wages rose 38 percent over the past seven years, outpacing consumer prices as measured by the CPI-U. In an earlier analysis, he also stated that Israel now ranks 17th globally in GDP per capita by purchasing power parity, comparable to Spain and Poland. His recent comments on gas prices continue his focus on economic indicators.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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