Paul Krugman

@paulkrugman ↗

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Last Checked July 27, 2022

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Wed Jun 29 14:07:19 +0000 2022

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Paul Krugman @paulkrugman

A lot of this had to do with the fracking boom, which kept prices low for a while but was eventually revealed as an unsustainable bubble. So in a way drivers spent the late 2010s being subsidized by naive investors 3/ — PolitiTweet.org

Posted June 29, 2022

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Paul Krugman @paulkrugman

What I take from this is that prices at the pump aren't *that* high in historical perspective. But they were unusually low from around 2015 on, and especially during the pandemic 2/ — PolitiTweet.org

Posted June 29, 2022

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Paul Krugman @paulkrugman

And of course none of this had anything to do with policy ... 4/ — PolitiTweet.org

Posted June 29, 2022