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The oil and gas market is a complex global market impacted by many factors. Unknown variables (both economic and political) are sure to play a role in pricing, and economists continuously debate their relative importance.
We may be in the middle of the largest supply chain disruption since World War II. But what is the "supply chain," and how did we get into this mess?
Used vehicle price increases are frustrating to consumers who need a vehicle now. However, remember the negotiating power you hold for those who already have a used vehicle to trade-in/sell.
While gas prices in Indiana are often below the national average, experts predict that the U.S.'s average price could exceed $4.00 per gallon later this summer. As prices at the pump increase, other transportation modes are also likely to see meaningful increases in their prices.