Petroleum and Petroleum Product Prices
Original Report
Data through 9/7 from the EIA: Source: EIA via FRED. Black + denotes November Brent futures as of 9/9/2026, 2pm CT. The black “+” above is the near month futures price. Cash as of today is $97.87....
Data through 9/7 from the EIA: Source: EIA via FRED. Black + denotes November Brent futures as of 9/9/2026, 2pm CT. The black “+” above is the near month futures price. Cash as of today is $97.87. Regardless of how you take it, the price is up. NYMEX futures as of 2pm CT, at $101.47/bbl. […]
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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