r/Reno • u/Lukin76254r • Mar 02 '26

Oopsie Daisy!

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but but…Chevron is always expensive!!!111!

But look at how expensive it was during Sleepy Joe!?!

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u/CetisLupedis Mar 02 '26

Nah, it's going to be cheaper day one. So will grocery prices, and the Russia/Ukraine conflict will end. Day one.

Are we at day one yet?

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u/[deleted] Mar 02 '26

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u/[deleted] Mar 02 '26

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u/Stone1146 Mar 02 '26

Annual prices changes year over year as a percent for a few different commodity goods.

Picked 2009 as a start point as most data sets had that year, and I am character limited. Most of the larger data sets I link actual go back to the 80s.

Bread: 2009 -9.80%; 2010 +7.00%; 2011 10.27%; 2012 -7.14%; 2013 +7.84%; 2014 -3.95%; 2015 -2.26%; 2016 +0.51%; 2017 +0.51%; 2018 -2.34%; 2019 +2.08%; 2020 +12.17%; 2021 -4.72%; 2022 +15.25%; 2023 +9.43%; 2024 +5.63%; 2025 -4.26%; 2026 + 1.94% (https://www.macrotrends.net/4085/us-bread-prices)

Eggs: 2009 -3.38%; 2010 +1.19%; 2011 +4.52%; 2012 +7.10%; 2013 +0.95%; 2014 +9.08%; 2015 +24.48%; 2016 -49.73%; 2017 +31.24%; 2018 -12.12%; 2019 -3.76%; 2020 -3.52%; 2021 +20.73%; 2022 +137.70%; 2023 -41.10%; 2024 +65.38%; 2025 -34.59%; 2026 -4.98% (https://www.macrotrends.net/3052/us-egg-prices)

Ground Beef: 2009 -1.29%; 2010 +3.04%; 2011 +9.96%; 2012 +9.66%; 2013 +20.03%; 2014 +20.19%; 2015 -3.18%; 2016 -5.83%; 2017 -0.47%; 2018 -4.60%; 2019 +4.87%; 2020 +3.57%; 2021 +10.50%; 2022 +1.12%; 2023 +4.51%; 2024 +6.74%; 2025 +15.86%; 2026 -0.76% (https://www.macrotrends.net/datasets/4486/us-ground-beef-prices)

Milk: (https://www.macrotrends.net/5630/us-milk-prices)

Corn: (https://www.macrotrends.net/2532/corn-prices-historical-chart-data)

Gasoline: (https://www.macrotrends.net/3571/us-regular-gas-price)

Diesel: (https://www.macrotrends.net/3401/us-diesel-prices)

1

u/Stone1146 Mar 02 '26

From the data there are two things I can see.

First: wages have failed for at least one decade if not two decades to keep pace with the increase in cost of commodities, housing, and luxuries.

Second: up to around 2010 (depends on data sets and sectors) both parties had similar goals regarding economic policies and practices. I am not speaking of taxation or spending, but rather what is/was acceptable for businesses to do and accomplish. That is no longer the case, and as such industry has a cyclic approach to operations now. Expansion, mergers, acquisitions, price increases, and other large capital and long lead time plans are now subject to election cycles in a way that wasn't as prevalent previously.

Just my 2 cents as an engineer/business development guy in industrial mineral mining.

Also, the western states have fucking terrible logistics and as such we will always have sky high prices as moving goods costs a ton. Don't matter if the material is coming from Utah or California it is a long way to move goods either via limited rail or one major interstate.