Consider that this reflects the cost of transportation for all goods and products to their final destination. Just imagine what Fed-Ex, UPS, DHL and the railroads and airlines are now dealing with....
The chart for heating oil (closest approximation to jet fuel) looks basically the same.
Don't worry though, the President just tells us to forget about all this and get rid of our vans and SUV's and drive one of those rubber-band driven, oversized go-karts.
What about electric? That's what I drive. Will be soon producing my own power from solar panels on the roof.
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