CEIX - Energy inflation - what does the future hold for consumer prices

The Bureau of labor statistics monthly CPI reports are generally quoted on an "ex food and energy" basis; however, higher energy costs are beginning to make their way into consumer price headlines, following a 27% rise year on year in January.  Market commentators, and at times the Federal Reserve, like to exclude energy-price inflation from forward looking assessments, given historic volatility and a tendency for prices to revert to historic averages. Consumers however, are well aware of energy's impact on prices for everyday items of late. In January, the price for gasoline rose 40% from a year ago. Natural gas prices were up 24%, lifting consumer heating bills. Electricity prices also increased, marking an 11% rise in the past year.  Historically, rising energy prices have led to additional capital investment from commodity-producing companies (oil, gas, coal, etc.), resulting in more balanced markets and lower prices. Whether energy prices revert to

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Energy inflation - what does the future hold for consumer prices