Albert Edwards of Société Générale says today’s gasoline prices are more closely aligned with crude-oil prices of $150 a barrel than current levels. For diesel, it’s even more dramatic.
Source: [MarketWatch](https://www.marketwatch.com/story/why-a-strategist-who-previously-thought-inflation-was-contained-now-sees-potential-for-aggressive-fed-rate-hikes-33ecaf04?mod=mw_rss_topstories)