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Gas prices and confidence

FlowingData

Everywhere you go, gas prices show up on big boards, like a proxy measurement for the times. When gas prices are really low, something exciting is happening, and in my case when I was a teen, your mom tells you to drive across town to line up for the gas that dropped under a dollar. What else is tied to gas prices?

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An oil price-fixing conspiracy caused 27% of all inflation in 2021

Hacker News

The FTC just found evidence that American oil companies colluded with the Saudi government to hike gas prices, costing the average family $3,000 last year. The question is, what can we do about it?

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BYD launches cheaper Seagull electric car with starting price under $10,000 to fuel price war

Hacker News

The EV maker is fueling its price war with gas-powered cars with the launch of its newest “mini Lamborghini” electric car. BYD’s cheapest electric car just got even more affordable. The BYD Seagull EV Honor Edition starts at $9,700 (69,800 yuan), 5% cheaper than the previous model.

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Heat Pumps—The Well-Tempered Future of A/Cs

Hacker News

And anything, like electrically powered heat pumps, that can shift heating away from natural gas furnaces to cleaner sources of energy would also have a big climate impact, because 63 percent of American homes get their heat from natural gas. What are the pros and cons of a heat pump? In the U.S.,

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Maps of home heating in the United States

FlowingData

For The Washington Post, John Muyskens, Shannon Osaka, and Naema Ahmed mapped the main ways that Americans heat their homes : Thanks to a combination of local climates, electricity prices and historical accident, America’s home heating system, like the country’s politics, is deeply divided.

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Announcing the Winner of ‘User Behavior in DeFi Protocols’ Data Challenge

Ocean Protocol

A winning highlight in this report showed that a drop in average transaction value around June 2021 coincides with a significant drop in gas prices. This could indicate that when gas prices are lower, more users might engage in transactions, even if they’re of a smaller value.

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AI Can Help Restaurants Survive Challenges with Inflation and the Coming Recession

Smart Data Collective

This combination is putting pressure on restaurants’ bottom lines, as they have to either raise prices or absorb the costs themselves. Rising gas prices. The cost of running a restaurant is going up due to the rising price of gas. The cost of running a restaurant is going up due to the rising price of gas.

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