Gas Now Costs $3.50 A Gallon -- Thank Heavens There's No Inflation

Gas Prices

Photo: GasBuddy

While we were filling up the tank this weekend, we were reminded that regular old unleaded gas now costs ~$3.50 a gallon.That’s up at least $1 from last year, and $0.50 in the past few months.

One reader reports that diesel in his hood is now up to $4.15.

Food prices are skyrocketing, too, just as they are everywhere else in the world.

So we’re just very relieved that Ben Bernanke keeps telling us that there’s no inflation.  Because we hate to think of what prices would be doing if there was!

See Also: Like Hell There’s No Inflation

NOW WATCH: Briefing videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.