Reading the tea leaves......
End of year is when I take time to review and plan the cash flow and how investments may or may not work out going forward. A fundamental to both of those plans is how the world consumes energy. This means looking at the futures/commodity market for ideas on where these things are heading. In a nutshell, gasoline is a key indicator. So is natural gas. Three analyst predictions for gasoline futures (Fitch, EIA and Wallet Investor) are in unison in their view of gasoline futures (diesel tracks the same). Caveat; crystal ball gazing comodities can and will continue to be a bit of voodoo that can be off in any number of ways, but when there's consensus...the "what" is usually on track and the how high/how low are the question marks. So here's what I came up with from an assay published Dec. 12: 2022 end of year wholesale gasoline per gallon is $2.22; and that is a baseline of averages of all refineries. End of year 2023 is forecast to be $2.77. Jump to 2025 and that end of year number is $3.79 per. Jump again to 2027 and it becomes $4.76. I'll save you the pain of my math, but those numbers really are a jump from the long term average annual inflation numbers. Buckle up.
Experience is what you get when you don't get what you want.
"We'll be friends until we're old and senile,....then we'll be new friends."