As an owner of a gas-guzzling SUV, I don't like the prospect of higher oil prices.
Nobody enjoys paying more at the pump. It's an unavoidable tax and if it gets too high, it can be a real drag on people's finances, and can even spill over into broader consumer spending.
And it certainly can be an inflationary signal for all things we spend money on.
That said, in a small way, I'm going to look to hedge myself against gas inflation by getting involved in a popular filling station operator that will ease my mind if I keep paying more to drive my car.
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