Reply #6: That depends on where you live.

[ozymandius]

Price stickiness from when oil was at $148/bbl still resonates in today's retail prices. Transportation costs always weigh on CPI. Geography plays a huge role in that scheme.

The daily cost of living has continued to rise as insurance premiums increase. Personally - my family pays more per month in health premiums yet receives less benefit from said increases when compared to relatively lower costs three years ago.

Our natural gas utility now charges 300% of the price on the NYME daily spot average even though prices have fallen from near $11/thousand cubic feet to just over $4 per unit at yesterday's close.

Fact is: oil and gas production increases will not do a damn thing until gaming of the markets is arrested. I do not see this happening under this administration.