Paul Krugman

@paulkrugman ↗

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Last Checked Aug. 23, 2022

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Wed Jul 20 15:07:41 +0000 2022

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Paul Krugman @paulkrugman

Gas actually isn't expensive by historical standards! It was cheap in the late 2010s, mainly because of the shale oil boom — which was a bubble, effectively consumers subsidized by naive lenders who financed money-losing projects 7/ — PolitiTweet.org

Posted July 20, 2022

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Paul Krugman @paulkrugman

Here are real gas prices in June 2022 dollars 6/ https://t.co/SJlpzIGlm7 — PolitiTweet.org

Posted July 20, 2022

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Paul Krugman @paulkrugman

Not suggesting that any politician tell voters that they're whiners who shouldn't complain about gas prices. Still, in real terms prices at the pump comparable to 2011-2014 doesn't fit the narrative 8/ — PolitiTweet.org

Posted July 20, 2022