The biggest impact will be felt at the gas pumps, as higher gasoline prices tends to fuel inflation. Fuel oil prices dropped 19.5% between November and a previous year, contributing to a total decline of energy commodity costs by 8.5%, according the latest U.S. report on consumer costs. Sales increased by 6.1% compared to November 2018. This is the highest increase in sales since June 2020.

This translates to an 3.8-month inventory at the current rate of sales. This is down from the 4.2 month pace at the close of October last. But it is up from the pace at which the 3.5 month supply was attained in November. Traditionally, a 5- to 6-month supply is considered a balanced market between buyers and sellers. Home sales last month may reflect contracts signed in September or October, when mortgage rate were more attractive.

Results vary depending upon individual factors, such as metabolism, level of activity, and adherence with the regimen. I weighed my heaviest 218 pounds and no matter what diets or exercise programs I tried, I never saw any real results. The U.S. produces more light, sweet crude than Canada, which is easier for refiners to refine. But U.S. infrastructure for refining is geared more towards heavier crudes because the U.S. imports this type. The price of heavier crude is lower because it is more difficult to refine. Canadian oil accounts for the majority of the U.S.'s oil imports, despite its own oil boom during the last decade.

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