Washington (AP) — US consumer prices soared 7% over past 12 months, biggest spike since 1982.

— Laura Litvan (@LauraLitvan) January 12, 2022

Moreover, a significant chunk of “anxiety” about inflation is tied to gas prices.

As more people drive, prices are going up due to… *gas* supply and demand, and supply is tight thanks to OPEC. Even with US production maxing out, prices are high b/c people are driving more.

— lawhawk #vaxxedforfamilyandcommunity (@lawhawk) January 12, 2022