ExpressLane
Verified User
Drill for energy. Rotary drilling. Wildcatters and Major energy producers. Improve inflation by decreasing the cost of energy required to produce and ship products.Your answer lacks specificity. Drill for what? How? Who is doing the drilling$ What specific impact would that policy have on the current rate of inflation? Again, be specific and cite sources. I devoted an entire thread to this topic, and not one Trump supporter was able to answer specifrically what the impact of the policy would be, or how the policy would be translated to action..
Your turn. Fire away.
Crude oil is a major economic input, so a rise in oil prices contributes to inflation, which measures the overall rate of price increases across the economy.
What Is the Relationship Between Oil Prices and Inflation?
Discover how inflation and oil prices are connected. Explore the cause and effect relationship between them and learn to recognize trends.
www.investopedia.com